XRC Ventures Overview
XRC Ventures, formerly known as XRC Labs, is a VC firm headquartered in New York City that specializes in early-stage investments from pre-Seed to Series A. The firm focuses on startups in the retail tech, consumer goods, and healthtech sectors, supporting innovative solutions that shape the future of these industries.
Founded in 2015 by Pano Anthos, XRC Ventures began its journey with the launch of the XRC Accelerator Fund, targeting high-potential pre-Seed companies in retail technology, consumer packaged goods (CPG), and healthcare innovation. This initial fund laid the groundwork for the firm’s mission to back transformative startups.
Since then, XRC Ventures has expanded its investment scope through the creation of two additional funds: the Brand Capital Fund and the Opportunity Fund. The Opportunity Fund, launched in 2019, was established to provide follow-on capital for the firm’s existing portfolio companies and support non-XRC startups that could benefit from the firm’s extensive network and sector expertise.
With a diverse portfolio of over 30 companies across its Brand Capital and Opportunity Funds, XRC Ventures has supported the growth of both XRC alumni, such as Fillogic, Recurate, and Gather.ai, as well as external ventures like Solawave, Naked Sundays, Raydiant, and HILOS.
XRC Ventures AUM
Information regarding XRC Ventures’ Assets Under Management (AUM) is not publicly available at this time.
XRC Ventures Interview Process & Questions
While firms often tailor their interview processes based on individual candidates, if you’re interviewing at XRC Ventures (or a similar firm), you can anticipate the following:
- Around 4-6 interview rounds
- Early-stage interviews are usually led by junior investment professionals or HR representatives, with senior team members handling the later stages
- The entire process often spans several weeks, unless it’s part of an “on-cycle” or “on-campus” recruitment effort
Expect a combination of fit, behavioral, and technical/investment-related questions throughout the interview process at XRC Ventures.
If you’d like support in preparing for these interviews, check out the Growth Equity Interview Guide.
Why XRC Ventures
“Why do you want to work at this firm?” is one of the most crucial and frequently asked interview questions.
If you’ve connected with someone at the firm through networking, this is a perfect moment to highlight the positive impression they left on you.
Additionally, it’s essential to research the firm thoroughly before your interview. A great way to gain deeper insights is by listening to interviews featuring its founders or investors.
Here’s an interview with Pano Anthos, Founder & Managing Director at XRC Ventures, to help you get started:
More Interviews
- Pano Anthos, the Founder and Managing Director of XRC Ventures, interview with Christine Russo
- Interview with Diana Melencio, General Partner at XRC Ventures
XRC Ventures Case Study
Candidates are typically asked to complete a case study during the interview process, as it allows firms to evaluate both technical skills and communication abilities.
At firms like XRC Ventures, case studies often center around financial modeling and making investment recommendations. For junior positions, you may also encounter a cold-calling case study.
If you need assistance preparing for case studies, take a look at our course.
XRC Ventures Salary & Compensation
Glassdoor reports that analysts at XRC Ventures earn a median salary of $100K annually, while associates typically earn around $166K per year. Keep in mind that these numbers can fluctuate based on individual experience and qualifications.
Analyst
Associate
XRC Ventures Careers, Jobs, & Internships
To see open roles at XRC Ventures, check out our job board which shows the most recent open roles for them and other similar firms.
XRC Ventures Portfolio & Investments
According to Crunchbase, XRC Ventures has made 164 investments across 10 funds. Some of their notable deals include MINU, ShareClub, and Teleperson.
Notable Transaction: Resist Nutrition
XRC Ventures recently announced their investment in Resist Nutrition, a Gen-Z brand offering all-natural, vegan protein bars designed to support blood sugar stability. This transaction aligns with XRC’s strategic focus on personalized healthtech solutions that cater to a growing market of consumers managing metabolic disorders.
Founded by Drew Lederman and Emily Rachlin, who both experienced challenges finding suitable nutrition options for hormonal and blood sugar imbalances, Resist aims to make blood sugar health accessible and enjoyable. The brand’s bars are formulated with a clinically-backed blend of superfoods, plant proteins, fiber, and healthy fats to support stable blood sugar levels. This innovative approach differentiates Resist from legacy brands like Atkins and Glucerna, which have dominated the category for years.
XRC Ventures identified Resist as a strong player in the rapidly expanding protein bar market, which was valued at $4.76 billion back in 2022 and is projected to grow to USD 7.66 billion by 2030. The firm sees Resist’s tailored product offering as a prime example of how personalized health solutions can disrupt traditional consumer markets.
With XRC’s backing, Resist has scaled rapidly, expanding its retail presence from 40 to over 200 stores and securing a national distribution deal. The investment has enabled Resist to enhance its product formulations, revamp packaging, and build connections that drive growth and innovation.
Next Steps
If you’re aiming to join the investment team at XRC Ventures, my Growth Equity Interview Guide can be a valuable resource.
This self-paced course is designed for aspiring professionals looking to break into growth equity, helping you boost your chances of securing your target role. It covers key topics that frequently appear in interviews, including case studies, financial modeling, and other essential concepts.
Get a head start on your interview preparation today!