SAN FRANCISCO, May 27, 2015 /PRNewswire/ -- Rockaway Capital, a leading VC firm focused on investing and building Internet companies in emerging markets, today announced that it has entered the U.S. market with its first office in San Francisco's SOMA district. The firm has invested $28M in seed stage, high growth, transformational start-ups across e-commerce, B2B SaaS, Fintech, and travel/transportation and has additional access to $225 million in funding. Initial offices were in Prague and Sao Paolo.
Rockaway Capital has already brought over its first group of globally viable entrepreneurs and start-ups to introduce them to the U.S. venture community and bring their products to market here. Rockaway works closely with syndicates and LPs to create co-investment partnerships as a portfolio company establishes operations, sales, and management teams in the U.S. To date, Rockaway has experienced tremendous success in the European region with a repeatable track record of investing and building more than 30 companies, founding 7 companies and bringing offline brands online. Currently, Rockaway companies have employed more than 550 people.
"There is a vacuum in the European region with few VCs and a talented pool of engineers and startups. Through our broad industry experience as entrepreneurs and deep pool of resources and capital, we are building the Internet economy in emerging markets and helping to grow these promising companies in the U.S.," said Jakub Havrlant, CEO of Rockaway Capital.
The Rockaway Capital team is comprised of 27 U.S. and European entrepreneurs. Leadership includes:
- Jakub Havrlant, Chief Executive Officer
- Jan Jirovec, Investment Partner
- Dusan Zabrodsky, Investment Partner
- Sean Gaddis, Head of Value Creation
The company has plans to raise additional funding by 2016.
About Rockaway Capital
Rockaway Capital is a global venture capital firm with offices in San Francisco, Prague and Sao Paolo. The firm invests in high growth, transformational companies across e-commerce, B2B SaaS, Fintech, and travel/transportation. Rockaway supports its portfolio through a value-creation program to build the necessary functions and competencies to help the company reach its objectives, scale globally and drive investment appreciation for investors. For more information visit https://www.rockawaycapital.com/
Spark PR for Rockaway Capital
SOURCE Rockaway Capital