Draft:M13 Investments

M13 Investments (Founded 2016, Santa Monica, California) is an venture capital investment firm founded by brothers Carter and Courtney Reum (husband to Paris Hilton). They are early-round investors in notable companies such as Pinterest, Snapchat, Slack, Bonobos, Lyft, Pinterest, Coinbase, Daily Harvest, Thrive Market, Rothy’s, Ring, Cabify, Classpass, Scopely, Cue and Bird. It is also known for acquiring investors such as Sir Richard Branson, Silas Chou, Tony Robbins, and Arianna Huffington. The firms early investments in over 100 startup companies has produced an industry-known portfolio estimated at $280b (2023).

History
Founded by brothers Carter and Courtney Reum (Harvard Business School and Columbia University) who started the firm after a brief time as investment bankers at Goldman Sachs. The brothers sold their alcohol spirits business in 2016 to the beverage company Luxco. They then decided to focus on providing Seed, Series A, and Series B+ rounds in emerging companies. The firm is named for the star cluster Messier 13.