Red Blue
Red Blue last closed a fund in February 2024 — 33 months ago.
It raises on several lines, too close together for one rhythm. No month is guessed; the filing will say.
Mid-cycle This firm is far enough into its last fund to be investing, and too early to be raising again.
- Funds on file
- 8
- Capital raised
- $46M
- Latest close
- February 2024
- Based in
- PA
Vehicles on file
| Vehicle | First close | Amount | Filings |
|---|---|---|---|
| Red & Blue Wonder Annex Fund, LP | February 2024 | $7M | 0002016027 ↗ |
| Red & Blue Burrow Annex Fund IIa, LP | April 2021 | $2M | 0001862941 ↗ |
| Red & Blue Neuroflow Annex Fund, LP | February 2021 | $2M | 0001848761 ↗ |
| Red & Blue Burrow Annex Fund II, LP | February 2021 | $3M | 0001848753 ↗ |
| Red & Blue Ventures II, LP | December 2019 | $13M | 0001791073 ↗ |
| Red & Blue Penn & Hunt Annex Fund, LP | February 2018 | $3M | 0001733898 ↗ |
| Red & Blue SS Annex Fund, LP | December 2017 | $2M | 0001727865 ↗ |
| Red & Blue Ventures I, LP | March 2016 | $14M | 0001724139 ↗ |
Each row links to that vehicle’s Form D filings on EDGAR — the name, date and amount above should match what is filed there.
Named on filings
Brett Topche, Michael Aronson
What Red Blue invests in
- Typical fund
- $3M median, pre-seed / seed scale
- Website
- redandblue.vc
Service providers
- Fund administrator
- None reported — the adviser answered “no administrator” for 2 of 2 funds
- Auditor
- RSM (2 funds)
From Form ADV filed by RED & BLUE MANAGEMENT COMPANY, LLC CRD 310359 ↗, latest filing March 2026, covering 2 funds linked to this firm by Form D file number. Form ADV is filed once a year, so a provider may have changed since. How this is matched.
What this is. Every figure on this page comes from Form D filings with the U.S. Securities and Exchange Commission — public records, reproduced here as filed. Service providers, where shown, come from the adviser’s Form ADV and are dated.
What it is not. Single-deal SPVs, feeder vehicles and GP or employee commitment funds are listed but excluded from fund counts and capital totals: an SPV is one investment, a feeder holds the same capital as its master, and a “Principals” or “Entrepreneurs” fund closes alongside a main fund rather than being raised in its own right. Capital deployed from a family office, a corporate balance sheet or an evergreen structure never arrives as a fund close, so a firm doing that looks quiet here. Amounts are as of the last amendment and go stale. Dates are the date of first sale — a fund's first close, not its final one. Funds filed as “Indefinite” are excluded from totals rather than counted as zero, so a total is a floor.
“No recent fund” is a statement about filings. It is not a statement about whether a firm is solvent, investing, or still in business.