RHC Abay Capital has access to rare assets. Rare Estates, cars, paintings, wine, and more! Contact Jack, Charlotte, or Sarah about being approved to have access to our friends and family assets. Sample assets:
2020 Porche Speedster (50 miles)
2021 911 Carrera 4s cabriolet
Three VERY race cars other after signing a mutual non-disclosure agreement (NDA)
RHC Abay Capital is currently acquiring high end race cars and real estate for rental or ownership. Soon
IMPORTANT: You must go through our PROOF of Funds (POF) program. $250,000 USD proof of funds (POFs) for most cars and $500,000 USD for Porche Speedster (not able to test drive due to insurance issues).
2021-03-26 RHC Family of Funds to invest in Social Leverage, a venture capital (VC) fund
RHC Family funds continue to invest in funds through its SPE program with accredited investors, family offices, and sources of capital with greater than $5 million dry powder and proof of funds.
RHC Family of funds continues to network with top VCs, HNWI, and Family offices using its PROOF OF FUNDS model to qualify co-investing or investing in deals. Social Leverage has closed on more than $50 million USD of Capital (see the press release or Social Media for final closing amount).
Social Leverage is a partnership that invests in exceptional entrepreneurs. We partner with promising technology companies, bringing our own entrepreneurial expertise, relationships, and marketing experience to the fore.
RHC Family of Funds to invest in Venture Capital Fund Social Leverage through its SPE program co-investing with a single-family office, HNWI, and accredited investors. The final closing of the fund should place Social Leverage as a leading VC firm in the South Western part of the country.
A spokesman for RHC Family of Funds, JD Morris, says
We have always watched Gary Benitt as a leader in Southern California’s Venture Capital community. Members of our “Investor Network” will have the option to co-invest with RHC SPEs into Social Leverage deals. We have been doing “Back Door Co-Investing (BDCI)” investing with Tiger Global, The Carlyle Group, TPG Growth, and other co-investment deals through our SPE program. We look forward to adding Social Leverage to our list of top venture capital (VC) partners. I look forward to working with Gary Benitt and Social Leverage witth our single-family office, members of our investor network, and our SPE funds.
RHC Family funds continue to invest in funds through its SPE program with accredited investors, family offices, and sources of capital with greater than $5 million dry powder and proof of funds. RHC Family of funds continues to network with top VCs, HNWI, and Family offices using its PROOF OF FUNDS model to qualify co-investing or investing in deals. Social Leverage has closed on more than $50 million USD of Capital (see the press release of Social Leverage for final closing amount).
ABOUT SOCIAL LEVERAGE AND GARY BENITT
Gary, a managing partner with Social Leverage, is a seasoned serial entrepreneur, having been a part of four founding teams in both consumer and B2B companies over the past 18 years. Most recently, he spent three years as COO of Desk.com after his company, Assistly, was acquired in 2011 by Salesforce.com.
Previously, Gary was with AOL after his company, Goowy Media was acquired in early 2008. Gary has managed various technology and go-to-market teams, including business operations, customer service, client implementation and success, engineering, and quality assurance. He brings broad knowledge across all facets of growing a business from a startup into a mature organization.
Gary has been an active investor in early-stage companies since 2011, with over 20 investments, including Classy, Getaround, Gusto, and Gyft.
ABOUT INVESTOR NETWORK
Investor Network by JD has been an investment group that has been co-investing for the last 20 plus years into real estate, moon shot deals, funds, fund of funds with accredited investors, self-direct IRAs, single-family offices, private equity firms (PEGs), Venture Capital firms, and other sources of capital. The Morris family has been investing in deals for more than 100 years. From Coca-Cola Bottling to drug stores (Mr. Morris is dissentient well know families in United Sates such Allen, King, Morris, and other well know families in American history).
JDM will be speaking, attending, or hanging at the bar (or spa) at the following cities:
ACG Sky trip (Sunday to Tuesday)
Capital Conference LA (Wed 30)
Mastermind in Mexico (Thur until ?)
NYC (Feb 3-4)
I will be in Atlanta, Austin, LA (Beverly Hills), Dallas (Highland Park), Key West (most of Feb), and other fun places most of February 2020!
20/20 Clear Vision in 2020,
JDM you Host for The Capitalization Report
DEALS JDM (RHC) LOVES
Global payments technology company Mastercard (NYSE: MA) is to acquire RiskRecon, a Salt Lake City, Utah-based provider of artificial intelligence and data analytics solutions to support companies in protecting their cyber systems and infrastructure (RHC loves FinTech),
Docket, an Indianapolis-based software-as-a-service (SaaS) platform for managing intelligent meetings, raised $1.5M in seed funding (RHC invest in the AI/SaaS).
Denali Water Solutions, a Russellville, Ark.-based organic residuals management company, has agreed to be acquired by TPG Growth from The Firmament Group. Financial terms weren’t disclosed (RHC knows TPG).
AvidXchange, a Charlotte, N.C.-based provider of accounts payable and payment automation solutions for the middle market, raised $260 million in funding. TPG Sixth Street Partners led the round. (RHC knows TPG and love FinTech).
Snyk, a London-based security company, raised $150 million in funding at a valuation of more than $1 billion. Stripes led the round and they were joined by investors including Accel, Coatue, Tiger Global, BoldStart, GV, Canaan, Trend Forward, Amity and Salesforce Ventures. (RHC knows Tiger Global and Salesforce Ventures).
Life House, a New York-based tech-enabled lifestyle hotel company, raised $30 million in Series B funding. Thayer Ventures led the round and was joined by investors including Tiger Global, JLL Spark, and Sound Ventures. (RHC know Tiger Global and invest in hotel companies).
Intezer, a New York-based cybersecurity company, raised $15 million in Series B funding. OpenView led the round and was joined by investors including Intel Capital, Magma, Samsung NEXT, a USAA affiliate, and Alon Cohen. (TM know cybersecurity),
DEALS TCR LOVES
Practis, a Charlotte, NC-based digital marketing and SaaS software solutions company catering to independent healthcare providers, received a private equity investment of undisclosed amount Genea, an Irvine, CA-based SaaS (software as a service) company, acquired Sequr, Inc., a cloud-based physical access control company (RHC loves SaaS),
Punch List, a San Francisco-based mobile app that helps independent contractors and homeowners complete home remodel, raised $4 million in funding. Investors include Bling Capital, Bedrock Capital, Ludlow Ventures, Mayfield Capital, and Jack Dorsey, Steve Chen, and Eric Wu. (JDM love the name and idea),
Front, a San Francisco-based developer of a collaborative work email platform, raised $59 million in Series C funding. Atlassian co-CEO and co-founder Mike Cannon-Brookes; Atlassian President Jay Simons; Okta COO and co-founder Frederic Kerrest;Qualtrics co-founders Ryan and Jared Smith; and Zoom CEO Eric Yuan co-led the round and were joined by investors including Sequoia Capital, Initialized Capital, and Anthos Capital. (JDM loves co-CEO / co-founder),
Kneron, a San Diego-based on-device edge artificial intelligence, raised $40 million in funding. Horizons Ventures led the round. (JDM loves San Diego),
Memphis Meats, a San Francisco-based company that grows meat from animal cells, raised $161 million in Series B funding. SoftBank Group, Norwest and Temasek co-led the round and were joined by investors including Richard Branson, Bill Gates, Threshold Ventures, Cargill, Tyson Foods, Finistere, Future Ventures, Kimbal Musk, Fifty Years, CPT Capital, KBW Ventures and Vulcan Capital (JDM knows (1 to 3 degrees) Vulcan Capital, Softbank Group, Richard Branson, Bill Gates (all 1 to 3 degrees),
Tink, a Sweden-based open banking platform, raised €90 million ($99.8 million) in funding. Dawn Capital, HMI Capital, and Insight Partners co-led the round and were joined by investors including Heartcore Capital, ABN AMRO Ventures and BNP Paribas’ venture arm, Opera Tech Ventures.
Sayari Labs, a Washington D.C.-based data intelligence company, raised $9 million in Series B funding. Arsenal Growth led the round and was joined by investors including Lavrock Ventures and SAPs National Security Services (NS2) Ventures.
Docket, an Indianapolis-based software-as-a-service (SaaS) platform for managing intelligent meetings, raised $1.5M in seed funding
Palo Alto, California-based VMware, Inc. (NYSE: VMW), an enterprise software company, completed the acquisition of Pivotal Software, Inc., a cloud-native platform provider
HyperPay, a Riyadh, Saudi Arabia-based payment processing company, closed an 8-digit funding round
AInnovation, a Beijing, China-based AI solutions provider, closed a Series B financing round of nearly 400m yuan (approx. US$60m)
Ruangguru, a Jakarta, Indonesia-based online education platform, raised $150m in Series C funding
Bill.com (NYSE: BILL), a Palo Alto, CA-based provider of cloud-based software that automates back-office financial operations, debuted on the public market today ringing the opening bell on the New York Stock Exchange
Morphio, a Toronto, Canada-based AI platform for digital marketers, closed a $1M seed funding round
This is an example of a sitewide notice - you can change or remove this text in the Customizer under "Store Notice" Dismiss