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Josh Richards

North America, California, United States, Los Angeles

Description

Josh Richards, a prominent figure in the social media and entertainment landscape, has successfully transitioned his influence into the venture capital world. Best known as a TikTok star and entrepreneur, Richards co-founded Animal Capital, a Gen Z-focused venture capital firm, alongside Marshall Sandman and Michael Gruen. This firm specifically targets early-stage companies that resonate with the younger demographic, spanning sectors such as consumer technology, fintech, and media. Animal Capital's unique value proposition lies in its founders' intimate understanding of the creator economy and digital trends, providing portfolio companies with not just capital but also strategic insights and access to a vast network.

Animal Capital announced the close of its debut fund in 2021, successfully raising $15 million. This capital is deployed into promising startups that align with their investment thesis, leveraging the team's expertise in identifying and scaling businesses within the rapidly evolving digital landscape. Richards' involvement extends beyond just capital deployment; he actively contributes to the strategic direction of Animal Capital's portfolio companies, often leveraging his personal brand and network to foster growth.

The firm typically writes first checks ranging from $250,000 to $1 million, focusing on pre-seed and seed-stage investments. This range allows Animal Capital to back innovative startups at their earliest phases, providing crucial initial funding. Beyond Animal Capital, Richards also holds the position of Chief Strategy Officer at Triller and was a co-founder of TalentX Entertainment, further cementing his multifaceted role in the entertainment and tech industries. His investment activities through Animal Capital underscore a strategic pivot from content creation to significant venture backing, aiming to shape the next generation of consumer-facing businesses.

Investor Profile

Josh Richards has backed more than 20 startups, with 0 new investments in the last 12 months alone. The firm has led 1 rounds, about 5% of its total and boasts 1 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series B rounds (top funding stages).
  • Majority of deals are located in United States, Canada.
  • Strong thematic focus on E-Commerce, Marketplace, Financial Services.
  • Typical check size: $250K – $1M.

Stage Focus

  • Seed (40%)
  • Series A (30%)
  • Series B (10%)
  • Pre Seed (10%)
  • Series Unknown (5%)
  • Angel (5%)

Country Focus

  • United States (90%)
  • Canada (10%)

Industry Focus

  • E-commerce
  • Marketplace
  • Financial Services
  • Finance
  • Credit Cards
  • Internet
  • Social Media
  • Manufacturing
  • Consumer
  • Fintech
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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 Josh Richards frequently co-invest with?

TC
North America, New York, United States, New York
Co-Investments: 5
Animal Capital
North America, California, United States, Los Angeles
Co-Investments: 4
Soma Capital
North America, California, United States, San Francisco
Co-Investments: 2
SignalFire
North America, California, United States, San Francisco
Co-Investments: 2
Night Ventures
North America, California, United States, Los Angeles
Co-Investments: 2
Y Combinator
North America, California, United States, Mountain View
Co-Investments: 2
Union Square Ventures
North America, New York, United States, New York
Co-Investments: 2
Notable Capital
North America, California, United States, Menlo Park
Co-Investments: 2
Sound Ventures
North America, California, United States, Beverly Hills
Co-Investments: 2
Dreamers VC
North America, California, United States, Los Angeles
Co-Investments: 3

Which angels does Josh Richards often collaborate with?

BD
North America, California, United States, Los Angeles
Shared Deals: 2
BH
North America, California, United States, Los Angeles
Shared Deals: 6
NB
North America, California, United States
Shared Deals: 4
AN
North America, California, United States, Los Altos
Shared Deals: 1
MG
North America, Florida, United States, Palm Beach Gardens
Shared Deals: 2
KO
North America, Massachusetts, United States, Boston
Shared Deals: 2
GJ
North America, California, United States, Los Angeles
Shared Deals: 15
MV
North America, New York, United States, New York
Shared Deals: 2
KL
North America, Ohio, United States, Cleveland
Shared Deals: 2
RW
North America, California, United States, Los Angeles
Shared Deals: 2

What are some of recent deals done by Josh Richards?

Whop

Brooklyn, New York, United States

Whop is building a platform to service the internet economy.

E-CommerceInternetMarketplace
Series AJul 20, 2023
Amount Raised: $17,000,000
Karat Financial

Los Angeles, California, United States

Karat Financial offers business credit cards tailored to the needs of digital creators and influencers.

Content CreatorsCredit CardsFinanceFinancial Services
Series BJul 19, 2023
Amount Raised: $40,000,000
SkillBank

Los Angeles, California, United States

A 1:1 mentorship and training program for entry-level marketing roles.

CommunitiesContinuing EducationE-LearningHuman ResourcesMarketing
Pre SeedJul 25, 2022
Amount Raised: $1,500,000
Parallel Learning

New York, New York, United States

Parallel is the first tech-forward provider of learning assessments and support services for students with learning differences.

ChildrenEducationTherapeuticsTraining
SeedDec 16, 2021
Amount Raised: $2,800,000
hai

Manhattan Beach, California, United States

hai is a smart in-home spa system transforms any shower into a self-care ritual experience.

Smart Home
SeedNov 18, 2021
Amount Raised: $6,000,000
Breakthru

Brooklyn, New York, United States

Powering Organizations to Build Trust

EducationRecruitingSocial Media
Pre SeedSep 18, 2021

3D print high performance parts in the world’s most advanced thermoplastics and composites, including PEEK & ULTEM™.

3D PrintingAdvanced MaterialsManufacturing
Series ASep 2, 2021
Amount Raised: $11,500,000
Poppi

Dallas, Texas, United States

Poppi manufactures prebiotic soda that combines real fruit juice with apple cider vinegar.

Food and BeverageFood ProcessingHealth CareManufacturing
Series AAug 30, 2021
Amount Raised: $13,500,000
Lolli

Durham, North Carolina, United States

Lolli is a rewards app that allows users to earn bitcoin when shopping online.

AppsBitcoinConsumerCryptocurrencyE-Commerce
Series AJul 28, 2021
Amount Raised: $10,000,000
Poppi

Dallas, Texas, United States

Poppi manufactures prebiotic soda that combines real fruit juice with apple cider vinegar.

Food and BeverageFood ProcessingHealth CareManufacturing
Series UnknownJul 14, 2021
Amount Raised: $13,787,052