TC

Troy Carter

North America, California, United States, Culver City

Description

Troy Carter is a prominent figure known for his multifaceted career spanning music management, entrepreneurship, and venture capital. Initially rising to fame as a manager for artists like Lady Gaga, Carter leveraged his deep understanding of culture and consumer trends to transition successfully into the tech investment landscape. He founded Atom Factory, an entertainment and tech management company based in Culver City, which also served as his primary vehicle for early-stage venture investments. Through Atom Factory, Carter established himself as a shrewd investor with a keen eye for disruptive consumer technologies.

Carter's investment philosophy centered on identifying and backing innovative companies at their nascent stages, often with a strategic link to the entertainment or consumer tech sectors. His portfolio boasts an impressive list of successes, including early investments in industry giants such as Uber, Spotify, Dropbox, and Warby Parker. A notable example of his early conviction is his $60,000 investment in Uber, a stake that reportedly grew significantly, demonstrating his ability to spot transformative opportunities. By 2014, Carter had reportedly invested in over 80 tech companies, showcasing the breadth of his early-stage investment activity and his commitment to fostering innovation across various digital platforms.

Beyond direct investments, Carter's entrepreneurial spirit led him to various influential roles, including Global Head of Creator Services at Spotify, where he further bridged the gap between technology and creative industries. More recently, he founded Venice Music, a platform designed to empower independent artists with distribution and financial tools, reinforcing his ongoing dedication to the music ecosystem. His career trajectory highlights a unique blend of creative intuition and business acumen, making him a distinctive and impactful investor in the venture capital landscape.

Investor Profile

Troy Carter has backed more than 22 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, Canada.
  • Strong thematic focus on Mobile, Software, Social Media.
  • Typical check size: $60K – $500K.

Stage Focus

  • Seed (77%)
  • Series A (14%)
  • Series Unknown (5%)
  • Series B (5%)

Country Focus

  • United States (91%)
  • Canada (5%)

Industry Focus

  • Mobile
  • Software
  • Social Media
  • Enterprise Software
  • Music
  • Advertising
  • Mobile Apps
  • Fintech
  • Apps
  • News
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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 Troy Carter frequently co-invest with?

Start Fund
North America, California, United States, San Francisco
Co-Investments: 2
BlockTower Capital
North America, Florida, United States, Miami
Co-Investments: 2
ACME Capital
North America, Florida, United States, Boca Raton
Co-Investments: 2
FundersClub
North America, California, United States, San Francisco
Co-Investments: 2
500 Global
North America, California, United States, San Francisco
Co-Investments: 2
Promus Ventures
North America, Illinois, United States, Chicago
Co-Investments: 2
AFSquare
North America, California, United States, Culver City
Co-Investments: 8
Boost VC
North America, California, United States, San Mateo
Co-Investments: 2
Menlo Ventures
North America, California, United States, San Francisco
Co-Investments: 3
Social Capital
North America, California, United States, Menlo Park
Co-Investments: 2

Which angels does Troy Carter often collaborate with?

SR
North America, California, United States, Los Angeles
Shared Deals: 4
SB
North America, California, United States, Los Angeles
Shared Deals: 2
AO
North America, California, United States, San Francisco
Shared Deals: 2
BF
North America, Maryland, United States
Shared Deals: 3
TB
North America, Georgia, United States
Shared Deals: 2
JB
North America, Colorado, United States, Denver
Shared Deals: 2
FN
North America, California, United States, Menlo Park
Shared Deals: 2
SP
North America, California, United States, San Francisco
Shared Deals: 2
Shared Deals: 2
RJ
North America, United States
Shared Deals: 3

What are some of recent deals done by Troy Carter?

Professional Networking Mobile App

Professional NetworkingSocial NetworkSoftware
SeedMar 14, 2024
Amount Raised: $1,750,000
Audioshake

San Francisco, California, United States

AudioShake uses AI to separate music and speech to help make audio more interactive and accessible.

Artificial Intelligence (AI)Machine LearningMusic
SeedOct 18, 2021
Amount Raised: $2,000,000
MobileCoin

San Francisco, California, United States

MobileCoin is a cryptocurrency platform that provides anti-fraud services and payment systems for merchants.

CryptocurrencyFinTechMobilePayments
Series BAug 18, 2021
Amount Raised: $66,000,000
Lobus

New York, New York, United States

Lobus is art's essential infrastructure allowing owners, creators and advisors to manage their assets in the 21st century

Enterprise SoftwareFinTechInformation TechnologyInternetMarketplaceSoftware
SeedApr 29, 2021
Amount Raised: $6,000,000
Therabody

Dallas, Texas, United States

Therabody is a developer of medical devices for targeted vibration therapy and pain relief.

Health CareMedical DeviceTherapeutics
Series UnknownFeb 17, 2021
Moment House

Los Angeles, California, United States

Moment House is a social live media platform for creators and artists.

Digital MediaMedia and EntertainmentMusic
SeedOct 6, 2020
Amount Raised: $1,500,000
FaZe Clan

Los Angeles, California, United States

FaZe Clan is a gaming organization known for its original content and hyper-engaged global fanbase.

Digital EntertainmenteSportsGaming
Series AApr 9, 2020
Amount Raised: $40,000,000
Good Money

Marina Del Rey, California, United States

Good Money is a digital banking platform that provides banking and financial services.

BankingFinancial ServicesFinTechMobile Apps
Series ADec 10, 2018
Amount Raised: $30,000,000
Rocket Money

Silver Spring, Maryland, United States

Rocket Money is a financial money app that provides bill negotiation, budgeting, autopilot savings, and credit score services.

AppsArtificial Intelligence (AI)EducationFinancial ServicesMobileMobile AppsMobile PaymentsPaymentsPersonal FinanceTask Management
Series AOct 3, 2018
Amount Raised: $5,000,000
Ritual

Culver City, California, United States

Ritual is a health technology company that is re-inventing consumer products.

Consumer GoodsDietary SupplementsHealth CareMedicalPersonal HealthSubscription ServiceWellness
SeedJun 1, 2015
Amount Raised: $1,500,000