R3 Experiential: Igniting Entrepreneurial Success
At R3 Experiential, we're more than a startup studio— We’ve been there, done that, and have the “T-shirts” and the “collective brain trust”, and more importantly, the network. We’ve founded and scaled successful companies ourselves, and we know that creating meaningful startups is really hard. Instead of spending years plodding away on an idea, validate it quickly in our Founder-in-Residence program.
At R3 Experiential, we're more than a startup studio, we are a commercialization platform—we're your co-founder and catalyst in the fast-paced entrepreneurial landscape. Combining the visionary spirit of an idea salon with the strategic rigor of a startup studio, we partner with entrepreneurs to rapidly transform promising ideas into profitable ventures. Our goal?
Simple. To significantly elevate your and our chances of success. At R3 Experiential, we're not just investing in companies; we're investing in futures. Let's build something extraordinary together.
Our Process
Business Idea Validation
Our team of startup builders performs market and technical validation on the idea.
Recruit future Founder ( Founder in Residence) and board member (Venture Advisor)
Next, we bring on a seasoned entrepreneur with domain expertise as a Founder in Residence (they will be the CEO upon launch) and pair them with an R3 Experiential Builder and Venture Advisor (who will be a future board member after launch).
Build with Founder in Residence
Founders in Residence spend two to four months with us developing the idea and iterating rapidly to de-risk the new business through deep customer and technical validation. The founder-in-residence collaborates very closely on this with our in-house builders, the Venture Advisor, and our engineering teams to structure a go-to-market strategy and product proof of concept.
Within the idea validation and exploration hub program, Founders in Residence are provided a short multi-month period to substantiate their concepts and implement rapid modifications predicated upon the feedback received from clients and technical specialists. Collaborative efforts are undertaken with our in-house builders, the Venture Advisor, and our multi-disciplinary teams, including our engineering teams to ascertain efficacious strategies for market introduction and validation of product functionality.
Pre-Seed Launch
Upon successful completion of the Build stage, the company will receive an initial investment of up to $2.5 million in the form of a pre-seed investment.
Our recruitment team will assist in the formation of your core team, including facilitating co-founder matchmaking if necessary. Additionally, the building team will provide support in gaining early customer traction, developing the product, and preparing for seed financing.
Our recruitment team will support you in assembling your core team and can assist in finding a co-founder if needed. Additionally, the building team will provide support in gaining early customer traction, and developing the product, our development team will help you refine your product, and prepare for seed financing.
Seed, Growth, and Scale
As a good co-founder, we will work alongside you, shoulder to shoulder supporting you as you grow. In our capacity as a co-founder, we will help you, providing solid footing, , and guidance as you navigate your entrepreneurial journey.
WHY PARTNER WITH R3 EXPERIENTIAL
As we said before; we’ve been there, done that, and have the “T-shirts” and the “collective brain trust”, and more importantly, the network. We’ve founded and scaled successful companies ourselves, and we know that creating meaningful startups is, like we said; really, really, really super hard.
Instead of spending years plodding away on an idea, validate it quickly in our R3 Founder-in-Residence program. And get it funded with a multi-year runway to turn it into a profitable product line.
Through our expertise, we are able to significantly reduce the duration of a process that typically spans over several years, compressing it into a matter of months. Our comprehensive approach ensures that you are targeting the most suitable market, have thoroughly validated your concept, and are surrounded by an exceptional team of collaborators.
Furthermore, we provide you with the unique perspective of a seasoned business operator, enabling you to view the world through the lens of an experienced executor. While data science and machine learning expertise can offer valuable insights, it is the execution of these insights, the realization of the vision, and the application of technical knowledge that truly sets successful companies apart in the competitive landscape of the future.
As operators and investors, our primary focus is on empowering exceptional humans to become exceptional founders and supporting them and their endeavors toward creating positive impactful business outcomes.
Throughout the years data and research have demonstrated that Partnering with a venture studio to launch your company can significantly increase your overall chances of achieving success in today’s competitive market.
According to a comprehensive study conducted by the Global Startup Studio Network (GSSN), startups that are founded in collaboration with a studio have been shown to enjoy a remarkable 30% higher success rate compared to those that operate independently. Additionally, these startups tend to experience quicker growth overall, as almost every company that has been launched from a studio received crucial seed funding. Remarkably, 72% of these ventures went on to secure Series A funding, further enabling their development and expansion.
Within our studio program, founders exploit diminished obstacles to entry, monetary assistance, access to financial resources, and elevated levels of operational involvement and heightened engagement to propel outstanding enterprises. Forging an alliance with our venture studio with the express purpose of initiating a company functions as a catalyst for expansion.
FAQ
What is a venture studio?
A venture studio differentiates itself from a traditional venture capital firm by prioritizing the establishment of businesses from their inception rather than solely investing in entities already experiencing growth.
At R3 Experiential, we source concepts from within our organization, our network of industry professionals, academic partners, and entrepreneurs such as yourself. Through our Founder in Residence program, we collaborate to validate your idea and assist in its transformation into a venture-backable enterprise. This process encompasses the recruitment of your team, the development of the product's proof of concept, and the acquisition of initial customers.
We transcend the role of mere investors. As a venture studio, we assume the responsibilities of co-founders alongside you.Is there a deadline for applications?
We seek collaborative alliances with entrepreneurs who possess a fervent desire to utilize human intelligence to effectuate positive change on a global scale. If you harbor a visionary concept but have yet to materialize it into a tangible product, we encourage you to initiate contact with us below.
Furthermore, if you are driven to create but lack a concrete business idea, we invite you to explore our careers page, where you will find opportunities for Founder-in-Residence positions.
How much capital does R3 Experiential invest in pre-seed companies?
Our preference aligns with being the initial institutional investor in a company. We allocate up to $2.5 million in convertible notes to establish the company.
What is the difference between a Founder in Residence and a Venture Advisor?
A Founder in Residence is analogous to a full-time, compensated position that is designed to transition seamlessly into the role of CEO of a newly established company once substantial funding has been secured. In contrast, Venture Advisors are more akin to part-time, equity-based endeavors, which are typically undertaken by successful entrepreneurs who have a breadth of experience. These individuals offer valuable guidance and counsel to the Founder in Residence, drawing from their own journeys and insights. Upon the company’s achievement of significant success, the Venture Advisor is granted an important seat on the board of directors of the portfolio company, further solidifying their role in shaping the company's future.
What kind of support does R3 Experiential offer Founders-in-Residence?
We equip each new startup with a dedicated team of specialists, covering a wide range of expertise from engineering and product development to data science, talent acquisition, fundraising, and corporate partnerships.