Profile
Powerhouse Capital is a Los Angeles-based venture capital fund exclusively dedicated to global technology investment opportunities in the sports, media, and entertainment sectors. The firm was founded by a team of experienced investors and entrepreneurs including Salim Mitha and Ian Doody, who bring extensive backgrounds in media and technology. Powerhouse emphasizes a focused investment strategy, leveraging a specialized platform to provide a compelling advantage for tech-driven media opportunities.
Powerhouse Capital invests across the four pillars of Sight, Sound, Play, and Live, with a focus on technology-driven media innovations. They typically engage in venture capital investments and operate with a global scope. The team has contributed to leading companies such as MasterClass, Wondery, The Athletic, Epic! Kids, Scopely, and Calm. Their typical investment size is in the $5-10 m range, and they seek to partner with both entrepreneurs and their backers for enhanced outcomes.
Notable investments made by Powerhouse include MasterClass - premium video courses, Wondery - acquired by Amazon, The Athletic - sports content platform acquired by NY Times, Epic! Kids - children's book subscription, Scopely - mobile gaming, and Calm - meditation app.
Industry
Powerhouse Capital Funds
| Name | Type |
|
|
|
Size | AUM | Launch date |
|---|---|---|---|---|---|---|---|
|
Powerhouse Ventures Fund II
|
Venture Capital (VC)
|
Gaming
SaaS
Software
|
Pre-seed
Seed
|
North America
|
$5-10 m
|
$70 M
|
June 2018
|
Contacts
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