PRESS RELEASE: RHC Family of Funds to invest in Venture Capital Fund

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).

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For all press and other request for information contact Sarah@RedHookCapital.co or Jack D Morris via LinkedIn at the following URL: https://www.linkedin.com/in/jdmorrisjr/

MIT Founded Companies and Voiceme.AI

 

MIT FORTUNE GLOBAL 500

Did you know some of the Fortune Global 500 companies were founded or co-founded by MIT alumni such as Boeing, HP Inc., Intel, and Qualcomm?

fortune-500-HP

Investor Network by JD has a group of MIT alumni that are investing in companies founded by MIT alumni and students.  Today we profile one of their investments into Voiceme.AI LLC.

DISCLOSURE: Investor Network does not invest in companies, but is a networking group help facilitate forming special purpose vehicles (SPVs) with like-minded people.  This investment was picked by a group formed by MIT Alumni.  The group has invested in 7 companies to date this year with Voiceme.AI closing this month.

ABOUT VOICEME.AI

The MIT group has made two investments in this MIT alumni’s company to date.

VoiceMe.AI connects the deskless workforce using an AI-powered voice assistant that is optimized for executing communication and improves:

  • Operational Efficiency
  • Job Completion Rate
  • Legal Compliance
  • Data Capture and Retention
  • Communication Speed

Our solution enables hands-free enterprise messaging – think of a mobilized Slack for employees on-the-go where communication is executed and received via voice.  VoiceMe.AI’s platform currently consists of an Android app that can work seamlessly with off-the-shelf, third-party ear devices that are either Bluetooth or wired.  Our proprietary Natural Language Processing, Natural Language Understanding, and Named Entity Recognition models have been custom built from the ground up around the informal, conversational, communication domain.

DISCLOSURE: From Voiceme.AI LLC executive summary (not IN content).

ABOUT INVESTOR NETWORK

Our network started post World War II with several friends that meet during the war and started investing in companies in Lancaster Pennsylvania.  Today we have investors from around the world forming special investment vehicles (SPV) to co-invest in companies together.  They own large cash flowing (EBITDA) global private business together down to simple seed investment in a startup through as SPV.  Members of Investor Network form groups to invest in areas of interest.  We are currently expanding our George Washington University, Massachusetts Institute of Technology, Southern California, and Bay Area Groups.