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Wednesday, Feb 21, 2024
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Aaron Rodgers’ RX3 Raises $150M

OC-based firm says 2nd fund oversubscribed

San Juan Capistrano-based RX3 Growth Partners, which was co-founded by NFL quarterback Aaron Rodgers, announced it’s successfully raised nearly $150 million for its second fund.

Four-time NFL MVP, Super Bowl Champion and new NY Jets Quarterback Rodgers in 2018 co-founded the firm and serves as a general partner. He is joined by fellow co-founders Nate Raabe, managing partner, and Byron Roth, executive chairman of Roth MKM.

“This marks an exciting time for all of us at RX3,” Rodgers said in a statement. “Our family of athletes, musicians, actors and business leaders not only adds to the unique RX3 community we have built, but also allows us to invest in and support category leading growth-stage, consumer brands,” he continued.

RX3 typically invests in growth-oriented consumer companies with trailing 12-month revenue of $10 million or more.

For more on the fund, see this upcoming Monday’s print issue of the Orange County Business Journal.

 

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Peter J. Brennan
Peter J. Brennan
Peter J. Brennan has been a journalist for 40 years. He spent a decade in Latin America covering wars, narcotic traffickers, earthquakes, and business. His resume includes 15 years at Bloomberg News where his headlines and articles sometimes moved the market caps of companies he covered by hundreds of millions of dollars. His articles have been published worldwide, including the New York Times and the Washington Post; he's appeared on CNN, CBC, BBC, and Bloomberg TV. He was awarded a Kiplinger Fellowship at The Ohio State University.
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