In rare move, VC firm Rhino Ventures makes fund performance public

The six-year-old firm is an outlier in an industry that is traditionally tight-lipped about returns.

Over a period of six years, Rhino Ventures has invested in 20 companies, of which four have exited. Last week, the firm published an anonymized breakdown of its returns with the goal of increasing transparency and trust in their industry.

Rhino Fund I, their first fund, is a $14M seed-stage fund and has been active since 2015. It’s invested in 10 compani…