Rokk3r Labs, a Miami Beach, FL-based platform for entrepreneurs to partner with strategists, creatives, and engineers to cobuild and launch exponential companies, has teamed up with Jon Gosier and RJ Joshi to launch a new $20m venture capital fund.
Called Cross Valley Capital, the fund will invest in early-stage startups across a variety of industries through deals that range from $25k to $600k per company.
Based in Miami and Philadelphia, the vehicle will back technology companies that are considered exponential organizations (ExO), a definition by Singularity University’s founding Executive Director, Salim Ismail, which refers to a new breed of company that leverages assets like crowd-sourcing, big data, algorithms, and other new technologies to achieve performance benchmarks at least 10 times better than their competitors while using fewer resources.
Jon Gosier is a native of Atlanta who moved to Philadelphia in 2011 when DreamIt Ventures and Comcast co-invested in his company MetaLayer. He also co-founded Predictive Pop and D8A Group, and is the former director of Data Products at crowdsourcing Ushahidi.
In 2014, Gosier co-founded Third Cohort Capital, an investment fund focused on early-stage technology companies.
RJ Joshi co-founded nanotech company VisiChem Technologies, consulted for hedge funds and private equity funds, was an investment banker for JPMorgan Chase, a network data engineer for Verizon, and Marketing Director for PR Newswire.