Brook Smith
Title: Founder
Company: RSLP Ventures/Wabi Capital
Based in: Louisville
Year you began investing: With focus, 2015
Key companies that you’ve invested in: Locally: GoodMaps, Barrell Craft Spirits, Annex Capital, Untitled, Louisville Vegan Jerky Company, Hadley Pottery, J Wagner Group, Rocket Ship Racing
Smith’s hometown: Louisville
Lives: Louisville
Education: Bachelor of Science in financial management, Clemson University
Hobbies: Travel, art, golf, bourbon and wine
What’s been your strategy on investing in startups as many VCs have pulled back in 2023? Selectiveness and supporting existing investments.
What kind of deals are you interested in? Businesses that add value to industries by solving problems through innovation — led by founders who are focused, yet willing to listen.
What’s one thing you always look for in a pitch? Thoughtful, detailed plans to develop and grow a business. Specific breakdowns of the use of funds and related outcomes.
Tell us about one of your portfolio companies that is doing well. GoodMaps. As an investor and board participant, it’s been exciting to watch GoodMaps’ dynamic growth led by a developing management team. I expect GoodMaps to be the next significant Louisville success story.
What’s a Kentucky company you’ve been keeping your eye on? HANDLE Global. Great trajectory, poster-child founder, recently completed a round of funding.
Best piece of advice for startups that are fundraising right now? Patience. Capital is available. Always remember when a potential investor is considering funding your business, not only are they looking at your company, but others [as] well.
