Bradley Harrison, founder and managing partner of Scout Ventures, a New York-based venture capital firm that focuses on early-stage investments, announced that the fund is investing in Rokk3r Labs, a platform for entrepreneurs to cobuild and launch companies. The announcement was made during a panel discussion at a Miami Finance Forum event called "Mapping Miami's Future" on Wednesday morning.
Through Rokk3r Labs, based in Miami Beach, entrepreneurs partner with Rokk3r Labs strategists, creatives and engineers to cobuild and launch exponential companies. As a Venture Partner, Scout Ventures will serve as a strategic adviser to Rokk3r Labs focused on strategic business development, fundraising and product innovation across the Rokk3r Labs portfolio, the companies said. "Good ideas can come from everywhere... that is where we are building our niche," said Nabyl Charania, CEO of Rokk3r Labs.
The fast-growing Rokk3r Labs, launched in 2012, has 85 team members in three offices – Miami, Bogota and Toronto. It plans to open New York City and London offices this year. It’s 21 portfolio include startups such as AdMobilize, Boatyard, Fitting Room Social, LocalMaven, Voike and Public Reputation.
In September 2014, Scout Ventures opened a satellite office in Miami in order to tap into the city’s burgeoning startup ecosystem. Rokk3r Labs is Scout’s second South Florida investment, following the fund’s recent investment in LiveNinja, a Rokk3r Labs portfolio company that provides an enterprise level, web-based, real-time video chat solution for businesses.
The size of the Rokk3r investment was not disclosed. Scout typically invests $50,000 to $500,000 in early-stage tech companies. Said Harrison: “For us, we think the growth of tech talent and coders is really going to be the key to Miami's future. We are very excited to begin working directly with Nabyl, German and the entire Rokk3r community.”