
Raine Ventures
Description
Raine Ventures operates as the dedicated early-stage venture capital arm of The Raine Group, a prominent global merchant bank with a specialized focus on the technology, media, and telecommunications (TMT) sectors. Headquartered in San Francisco, Raine Ventures strategically targets Seed, Series A, and Series B investment opportunities, aiming to identify and back disruptive innovations within its core verticals.
The firm's investment thesis is deeply rooted in the evolving landscape of digital media, entertainment, sports, gaming, health & wellness, and consumer technology. Raine Ventures leverages the extensive industry network, strategic insights, and deep domain expertise of its parent organization, providing portfolio companies with more than just capital. They actively seek to partner with visionary entrepreneurs who are building category-defining businesses, offering significant value-add through their global connections and strategic guidance.
Typical initial check sizes for Raine Ventures generally fall within the range of $1 million to $10 million for early-stage rounds. However, given the broader capital base of The Raine Group, they possess the flexibility and capacity to participate in larger growth-stage venture opportunities, with some investments extending up to $20 million. This dual capacity allows them to support companies across various stages of their early growth trajectory.
The Raine Group's substantial capital resources, exemplified by the closing of Raine Partners IV, a growth equity fund, at $760 million in 2022, underscore the financial strength backing Raine Ventures' initiatives. This robust foundation enables Raine Ventures to make meaningful commitments and provide sustained support to its portfolio companies, fostering long-term growth and market leadership within the dynamic TMT ecosystem.
Investor Profile
Raine Ventures has backed more than 84 startups, with 3 new investments in the last 12 months alone. The firm has led 26 rounds, about 31% of its total and boasts 16 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series A, Series B, Seed rounds (top funding stages).
- Majority of deals are located in United States, United Kingdom, Sweden.
- Strong thematic focus on Internet, Software, Mobile.
- Led 1 rounds in the past year.
- Typical check size: $1M – $10M.
Stage Focus
- Series A (32%)
- Series B (21%)
- Seed (18%)
- Series C (13%)
- Series D (5%)
- Series Unknown (4%)
- Pre Seed (2%)
- Private Equity (2%)
- Series E (1%)
- Convertible Note (1%)
Country Focus
- United States (79%)
- United Kingdom (6%)
- Sweden (4%)
- Israel (2%)
- India (2%)
- South Africa (2%)
- Canada (1%)
- Germany (1%)
- France (1%)
- Hong Kong (1%)
Industry Focus
- Internet
- Software
- Mobile
- Gaming
- Content
- Video
- Video Streaming
- Media And Entertainment
- Apps
- Virtual Reality
Frequently Asked Questions
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