Comcast Ventures

Comcast Ventures is the corporate venture capital arm of Comcast Corporation, one of the world's leading media and technology companies. Based in San Francisco, with additional offices, it strategically invests in early to growth-stage companies that are developing transformative technologies and business models relevant to Comcast's core operations. Its investment thesis spans a wide array of sectors, including consumer technology, enterprise software, digital media, entertainment, connectivity, and advertising technology, aiming to foster innovation that complements and enhances Comcast's vast ecosystem.

As a strategic investor, Comcast Ventures provides more than just capital; it offers portfolio companies access to Comcast's extensive resources, expertise, and distribution channels. The firm typically participates in funding rounds from Series A through later growth stages, often co-investing with traditional venture capital firms. While specific check sizes can vary based on the stage and needs of the company, their typical initial investments generally range from $1 million to $15 million, reflecting their commitment to supporting promising ventures through significant growth phases.

Comcast Ventures has built a robust portfolio of innovative companies, demonstrating its long-term commitment to fostering technological advancement. Since its inception, the firm has invested over $2.5 billion across more than 100 companies, showcasing its significant footprint in the venture landscape. Notable past investments and successful exits include companies like Buzzfeed, FanDuel, Group Nine Media, and Vox Media, among many others. These investments underscore Comcast Ventures' role in identifying and nurturing businesses that have the potential to disrupt industries and deliver substantial strategic value to its parent company, while also generating financial returns.