Rally Ventures invests in early-stage business technology companies and says business technology is its sole focus. Its Our Focus page names three focus areas: SportsTech, Cybersecurity and AI+, which it describes as AI-native platforms that add products and revenue streams for the provider. The About page describes a nationwide portfolio spanning AI/ML, cybersecurity, fintech and SaaS+. The firm's Fund IV announcement describes the fund as investing in Seed and Series A companies. Rally runs a Tech Partners network of industry operators alongside the fund, and its Fund V announcement states that over 100 Tech Partners have collectively invested more than $130 million in the firm and sourced over 60 percent of portfolio companies. The firm works from offices in Minneapolis and Menlo Park; the Minneapolis address is the principal office of business on its SEC exempt reporting adviser record.
Over $1B (total assets under management, per the firm's own Fund V announcement of 19 December 2023) AUM71/100 Power Score™2012 FoundedMinneapolis, MN
Charles Beeler and Jeff Hinck co-found Rally Ventures; the About page states the firm was founded in 2012.
2013
Rally Ventures Management, LLC becomes an SEC exempt reporting adviser effective 15 May 2013 (CRD 167687, SEC file 802-78093).
2016
Portfolio company SportsEngine is acquired by NBC Sports, per the firm's investments page.
2018
Rally closes its third fund at $150 million, as stated in the firm's December 2020 Fund IV press release.
2020
Rally announces the close of Rally IV at $250 million on 9 December 2020, bringing total committed capital raised since inception to nearly $600 million.
2021
Portfolio company Braze goes public on Nasdaq under the ticker BRZE, per the firm's investments page.
2023
Rally announces the close of Rally Fund V at $240 million on 19 December 2023 and states the raise puts the firm over $1 billion in total assets under management.
2024
Co-founder Charles Beeler dies in September 2024, as stated in the firm's In Memoriam post.