Red Swan Ventures

Red Swan Ventures is a venture capital firm founded in 2011 and based in New York. Co-founded by Andy Dunn (founder of Bonobos) and managed by Sandy Cass, the firm backs pre-seed and seed stage founders who are reshaping culture and creating new markets — particularly those leveraging platform shifts alongside deep cultural insight. The firm targets companies with product-led growth, network effects, and flywheel dynamics. It aims to be a founder's first outside capital, writing checks of $500K or more at pre-seed and $1M or more at seed stage. Notable exited portfolio companies include Coinbase, Warby Parker, Harry's, Oscar Health, Hinge, SeatGeek, and Brightwheel, reflecting a focus on consumer technology, fintech, and direct-to-consumer brands. The firm's portfolio spans a wide range of industries, from eyewear and grooming to health insurance and real estate software.