AF

Atom Factory

North America, California, United States, Culver City

Description

Atom Factory, founded by music industry veteran Troy Carter, is primarily recognized as a multi-faceted entertainment management company based in Culver City, California. However, its significant foray into venture capital is channeled through its dedicated investment arm, AF Square. Established to leverage Carter's keen eye for talent and market trends beyond the music industry, AF Square functions as a strategic investment vehicle, primarily focusing on early-stage technology startups. This dual operational model allows Atom Factory to catalyze culture not only through artist management but also by fostering innovation in the tech landscape.

AF Square has built a remarkable portfolio by identifying and backing disruptive companies at their nascent stages. Its investment strategy often targets ventures at the intersection of technology, media, and consumer culture, demonstrating a strong emphasis on platforms that reshape user experiences. Among its most notable early-stage investments are stakes in now-household names such as Uber, Spotify, Dropbox, Warby Parker, and Lyft. These successful bets underscore AF Square's ability to spot future market leaders. Through AF Square, Troy Carter himself has reportedly invested in over 70 startups, showcasing a prolific and impactful presence in the venture ecosystem.

The investment philosophy of AF Square is deeply rooted in providing more than just capital; it often involves strategic guidance and leveraging Troy Carter's extensive network across entertainment, media, and technology. The firm typically engages in seed and Series A funding rounds, seeking to be an early partner to founders building scalable and impactful businesses. While specific check sizes can vary based on the opportunity and round dynamics, AF Square's typical first checks for these early-stage investments generally range from $100,000 to $1,000,000. This range reflects their commitment to providing meaningful initial capital to promising ventures poised for significant growth.

Investor Profile

Atom Factory has backed more than 20 startups, with 0 new investments in the last 12 months alone. The firm has led 0 rounds, about 0% of its total and boasts 12 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series Unknown rounds (top funding stages).
  • Majority of deals are located in United States, United Kingdom, Israel.
  • Strong thematic focus on Social Media, Music, Mobile.
  • Typical check size: $100K – $1M.

Stage Focus

  • Seed (30%)
  • Series A (30%)
  • Series Unknown (20%)
  • Debt Financing (10%)
  • Angel (5%)
  • Series B (5%)

Country Focus

  • United States (90%)
  • United Kingdom (5%)
  • Israel (5%)

Industry Focus

  • Social Media
  • Music
  • Mobile
  • Software
  • Apps
  • E-commerce
  • Ios
  • News
  • Digital Media
  • Communities
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Atom Factory frequently co-invest with?

First Round Capital
North America, California, United States, San Francisco
Co-Investments: 1
A-Grade Investments
North America, California, United States, West Hollywood
Co-Investments: 4
Upfront Ventures
North America, California, United States, Santa Monica
Co-Investments: 2
AFSquare
North America, California, United States, Culver City
Co-Investments: 11
Menlo Ventures
North America, California, United States, San Francisco
Co-Investments: 2
Ludlow Ventures
North America, Michigan, United States, Detroit
Co-Investments: 2
Mesa Ventures
North America, New York, United States, New York
Co-Investments: 3
Tuesday Capital
North America, California, United States, San Francisco
Co-Investments: 4
Greylock
North America, California, United States, Menlo Park
Co-Investments: 2
Slow Ventures
North America, California, United States, San Francisco
Co-Investments: 2

Which angels does Atom Factory often collaborate with?

SF
North America, California, United States, San Francisco
Shared Deals: 2
GV
North America, New York, United States, New York
Shared Deals: 2
JF
North America, New York, United States, New York
Shared Deals: 1
BC
North America, California, United States, San Francisco
Shared Deals: 2
TH
North America, Nevada, United States, Las Vegas
Shared Deals: 2
Vivi Nevo
Asia, Tel Aviv, Israel, Tel Aviv
Shared Deals: 3
GO
North America, California, United States, Los Angeles
Shared Deals: 2
WS
North America, Pennsylvania, United States, Philadelphia
Shared Deals: 2
MC
North America, Texas, United States, Dallas
Shared Deals: 2
CH
North America, California, United States
Shared Deals: 1

What are some of recent deals done by Atom Factory?

Droplet

San Francisco, California, United States

Droplet makes state-of-the-art home diagnostic kits for industry.

Health CareHealth DiagnosticsHealth Insurance
SeedMar 23, 2018
Girlboss

Los Angeles, California, United States

Girlboss is a digital and physical community for ambitious women.

CommunitiesSocial Media
SeedDec 13, 2017
Amount Raised: $3,100,000
Sidestep

New York, New York, United States

Sidestep is an app that lets fans browse and buy concert merchandise before, during, and after the show for pickup at show or delivery home.

AppsE-CommerceMusicMusic Venues
SeedFeb 12, 2015
Amount Raised: $900,000
ATTN:

Los Angeles, California, United States

ATTN: is a content network that helps people understand and impact the world around them.

Digital MediaNewsSocial MediaVideo
Series ADec 4, 2014
Amount Raised: $4,099,999
SonicEnergy™

Santa Monica, California, United States

SonicEnergy is a wireless power startup that transmits power to charge electronic devices over-the-air.

Consumer ElectronicsEnergyHardwareInternet of ThingsWireless
Series AOct 30, 2014
Amount Raised: $10,000,000
Sparks

California City, California, United States

Sparks develops a platform that enables users to create memes on mobile.

E-CommerceMessagingMobile
SeedOct 1, 2013
Amount Raised: $2,300,000
Songza

Long Island City, New York, United States

Songza is a music streaming and recommendation service offering curated playlists based on the time of day or a user's mood or activity.

Media and EntertainmentMusicMusic VenuesMusical Instruments
Series UnknownSep 10, 2013
Amount Raised: $4,700,000
SonicEnergy™

Santa Monica, California, United States

SonicEnergy is a wireless power startup that transmits power to charge electronic devices over-the-air.

Consumer ElectronicsEnergyHardwareInternet of ThingsWireless
Debt FinancingApr 22, 2013
Amount Raised: $985,000
Tuition.io

Santa Monica, California, United States

Tuition.io delivers student loan contributions as a benefit, allowing companies and governments of all sizes to recruit and retain talent.

EducationEmployee BenefitsFinanceFinancial ServicesPersonal FinanceSoftwareSoftware Engineering
SeedFeb 26, 2013
Amount Raised: $1,000,000
Summly

London, England, United Kingdom

Summly is a web platform and smartphone app that provides algorithmically-generated summaries from thousands of sources.

AppsArtificial Intelligence (AI)iOSMobileNews
Series UnknownOct 1, 2012
Amount Raised: $1,230,000