Rincon Venture Partners
Years with firm: 10
Assets under management: $100 million
Jim Andelman, founder and managing director of Rincon, has spent his entire career in and around B2B software. Previously, he led software investing at Broadview Capital Partners in the Bay Area. Before that, he coordinated equity private placements and IPOs for software companies as an investment banker at Alex. Brown & Sons, and served as a strategy consultant at Symmetrix, which was founded by Bain & Co. co-founders. Andelman graduated magna cum laude from the University of Pennsylvania’s Wharton School and was first in his class at Dartmouth University’s Tuck School of Business.
Industry specialization: B2B software and internet-based services.
Recent transactions: Mobcrush, raised $20 million led by Evolution Media Capital with participation by Rincon, KPCB, Raine Ventures, Lowercase Capital, First Round Capital, and others. Conversion Logic, raised $9.25 million led by Pelion Venture Partners, with participation by Rincon, Founder Collective, Lerer Hippeau Ventures, TenOneTen Ventures, Crosscut Ventures, and others. Raken, raised $2.5 million led by Rincon with participation by Spider Capital and others.
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