Red & Blue Ventures is a U.S. venture capital firm based in Philadelphia, Pennsylvania, investing in hardware, software, e-commerce, and technology-enabled services companies. The firm's name ''Red & Blue'' may reference the University of Pennsylvania's school colours (red and blue), suggesting possible Penn / Wharton alumni-network affiliation (similar to Chestnut Street Ventures, covered earlier, which is similarly Penn-alumni-affiliated). Multiple unrelated small-to-mid-size boutique investment firms globally use ''Red & Blue'' branding. Detailed public information including precise aggregate AUM, named general partners, SEC / Pennsylvania-registered-investment-adviser status, fund vintages, and comprehensive portfolio-company disclosures is not extensively documented in mainstream financial-industry databases for this specific URL, consistent with the profile of a small Philadelphia / Penn-alumni-adjacent boutique investor. The row should be noted as Active with limited public disclosure.