Advancit Capital Founded 2011
Founders Jason Ostheimer Shari Redstone
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This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.
Total investments 133
Average round size
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The average size of a deal this fund participated in
$9M
Portfolio companies 76
Rounds per year 7.60
Lead investments 3
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.35
Exits 28
Stages of investment
Early Stage Venture
Seed
Areas of investment
Digital Media
Lifestyle
Marketing
Media and Entertainment
Software
Summary

Advancit Capital appeared to be the VC, which was created in 2011. The company was established in North America in United States. The leading representative office of defined VC is situated in the Norwood.

Among the most popular fund investment industries, there are Internet, Social Media. Besides, a startup needs to be aged 2-3 years to get the investment from the fund. The fund has no exact preference in a number of founders of portfolio startups. When startup sums 5+ of the founder, the probability for it to get the investment is little. Among the most popular portfolio startups of the fund, we may highlight Victorious, mitu00fa, Sliver.tv. For fund there is a match between the country of its foundation and the country of its the most frequent investments - United States.

The typical case for the fund is to invest in rounds with 6-7 participants. Despite the Advancit Capital, startups are often financed by SV Angel, Y Combinator, Novel TMT Ventures. The meaningful sponsors for the fund in investment in the same round are Mesa Ventures, The Chernin Group, Lowercase Capital. In the next rounds fund is usually obtained by Lerer Hippeau, Upfront Ventures, Greycroft.

The current fund was established by Jason Ostheimer, Shari Redstone. Besides them, we counted 2 critical employees of this fund in our database.

Deals in the range of 5 - 10 millions dollars are the general things for fund. The typical startup value when the investment from Advancit Capital is 50-100 millions dollars. The high activity for fund was in 2014. This Advancit Capital works on 12 percentage points less the average amount of lead investments comparing to the other organizations. The fund is constantly included in 7-12 investment rounds annually. The top amount of exits for fund were in 2019. Considering the real fund results, this VC is 15 percentage points less often commits exit comparing to other organizations.

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Notable deals
CompanyIndustryRoundRound SizeDateInvestorsLocation
Infinite Objects
Consumer Electronics
E-Commerce
Video
Seed
6M27 May 2021 United States, New York
Pragma
Early Stage Venture
12M20 Apr 2021 United States, " United States"}
Podchaser
Advertising Platforms
Analytics
Audio
Big Data
Data Visualization
Database
Internet Radio
Podcast
Search Engine
Social Network
Early Stage Venture
4M14 Jan 2021 United States, Louisville
Public.com
Finance
Financial Services
FinTech
Stock Exchanges
Trading Platform
Late Stage Venture
65M15 Dec 2020 United States, New York
Air
Apps
Cloud Storage
Collaboration
Content
Digital Media
Human Resources
Marketing
Productivity Tools
Software
Early Stage Venture
12M16 Sep 2020 United States, New York
Religion of Sports
Broadcasting
Content
Media and Entertainment
Sports
Early Stage Venture
10M23 Jul 2020 United States, Santa Monica
KUDO
Enterprise Software
Video Conferencing
Seed
6M22 Jul 2020 United States, New York
Headspace
Health Care
Mobile Apps
Training
Wellness
Late Stage Venture
47M11 Jun 2020 United States, Santa Monica
Pragma
Seed
4M12 Mar 2020 United States, " United States"}
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