Bread and Butter Ventures

At 645 Ventures, we help founders bring the invisible to life. Every day we wake up and work to cultivate exceptional people, stories, and companies that are changing the way we view and experience the world. We achieve this purpose with over $400 million of assets under management (AUM),deep institutional support, and top tier returns. We’re eight years old, growing fast and backed by leading institutional investors, including the world's best university endowments, funds of funds, and pension funds. We’ve also built and activated a Connected Network of individual LPs who are industry leading business people and have influenced outcomes for our portfolio companies. Our network has grown over three funds in eight years, and successfully supports our portfolio companies through customer acquisition, talent acquisition, strategic partnerships, board placements, and company acquisitions. We have over 49 active companies in our portfolio that we’ve backed at the Seed or Series A stages. We invest between $1 million - $10 million as lead investors or members of syndicates of other top tier funds. Several of our portfolio companies have scaled to hundreds of millions in revenues, have become unicorns by exceeding $1 billion in post-money valuations, and have exited through IPO and M&A. Our companies span enterprise SaaS, infrastructure software, and consumer technology. Our goal is to back founders who aspire to build iconic businesses that transform industries and reach large scale M&A and IPO events. We are proud to have several companies already on that path including FiscalNote (IPO: NOTE), Goldbelly, Iterable, Overtime, Resident, Eden Health and Solidus Labs. We have built a growing team and culture that is inclusive, collaborative, and which prioritizes a client-service mindset. 645 is deeply committed to diversity, equity and inclusion - and our team and community reflect that commitment. We’re proud to lead by example in the venture capital community while nonetheless striving to do better ourselves.

With our ambitious team of highly customer-focused entrepreneurs, we are committed to putting our expertise to work and strive to make an impact. We are part of Migros - one of the largest retailers in Europe - with the mission to build ventures and invest in companies in a multitude of relevant areas, in particular, Food & Beverage, Fintech, Last-Mile, Digital Health, Sustainability & Circular Economy as well as Commerce & Shopping. What we doINVESTING: We invest in growing companies to scale their operations and build strong businesses by leveraging Migros’ assets, with the goal to make them key players in their category. BUILDING: From concept to creation, we are building ventures in a fast-paced environment to grasp opportunities that shape our future or to enter specific target markets that are not accessible otherwise. SUPPORTING: We are a team of experts and founders that provide operational, hands-on support and growth capital to our portfolio companies to ensure sustainable growth and help them to get to the next level.

For nearly thirty years, RRE Ventures has been a leading venture capital firm in New York with nearly $2.5B under management and +400 portfolio companies. With over 25 IPOs and dozens of trade sales through the years, there is a lot going on at any given time. Recent well-known companies include Datadog, Venmo, Braintree, DCG, Noom, Kindbody, Spring Health, Olo, and BuzzFeed, among many other category-defining businesses. We pride ourselves not only on investing in great entrepreneurs and delivering stellar returns to our LPs but also on being supportive partners to our portfolio companies and active members of the venture community.

Born in San Francisco and Paris, Partech is one of the most active tech investors in the world, bringing together capital, operational experience, and strategic support for entrepreneurs at seed, venture and growth stages. The current portfolio includes 200+ companies in 38 countries, of which 14 are valued at more than $1B: Alan, Bolt, Cazoo, Jellysmack, Made.com, ManoMano, Merama, People.ai, Rohlik, Sorare, Toss, Wave, WorldRemit, Xendit.

We use our powerful network and expertise rooted in an entrepreneurial family heritage to lift new generations of sustainable businesses. We invest. We invest in mission-driven founders that identify the needs of their customers with innovative business models and disrupting product solutions in order to shape a better and sustainable future for the next generation. We support. We believe ‘capital’ should be more than just mere money. Thus, we will provide capital beyond money in form of access to personal networks, industrial knowledge and entrepreneurial spirit. This support will last from Seed to Series A – and beyond. Investment ThesisConsumption. Feeding the planet is the biggest societal and climate challenge in current times – solving this will be of pivotal importance for the upcoming decades. By inventing more efficient, healthy, and sustainable technology and product solutions, we invest into B2B and B2C consumption innovations that are better for the people and the planet. Wellbeing. Using state-of-the art scientific and technological advances, earth inhabitants’ lives are transformed towards more healthiness with respect to mental and physical conditions. Digital solutions are driving towards higher transparency, connectivity, and thus better performance creating superior living standards for the society. Productivity. Superior digital solutions along the value chain and innovative product experiences that disrupt analog businesses and ease complex processes with the aim to revolutionize existing segments or innovate new ones with the ability to adapt according to data will be key to safeguard the wealth and living on our planet. Offering access to a unique set of industry and venture networks.Expert Access: Thanks to a highly diversifed network of industry leading companies of our investor, we have access to a unique set of industry and venture networks that we leverage for investment decision making and actively offer our investee companies as value-add in addition to our financial contribuionts. We understand ourselves as an accessible, reliable, and collaborative team – we remain on the co-driver seat beyond stages. Powerful Network: In the past years we have built up a highly diversified and valuable network of trusted partners and co-investors. In addition to our direct investments, we are also invested into leading early-stage funds, with whom we have co-invested in the past and will also do in the future. These networks give us access to world-leading early-stage co-investors and know-how. Lasting Commitment: There is no ‘short-term’ in family. So being backed by one of the most renowned family businesses in Germany comes with lasting dedication. We are here to stay and will continue to invest in the foreseeable future thereby leveraging our experiences and expertise.

We are Chingona. Investment ThesisINDUSTRY: Focus on industries that are massively changing and founders whose backgrounds uniquely position them to create businesses in growth markets that are often overlooked. Focus areas are in financial technology, female technology, food technology, health/wellness, and future of learning. STAGE: Primarily pre-seed companies where they are raising their first institutional round of capital. CHECK SIZE: We invest between $250k-$1MM as an initial check size.