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§ Venture Capital · Beverly Hills, CA, USA
digital investment arm making angel investments for early-stage digital media and consumer entertainment tech startups.
Established in 2011 by founders Robert Downey Junior and Susan Downey, Downey Ventures is a Venice, California-based firm operating as the digital investment arm of the entertainment production company Team Downey. The organization targets the digital media, sports, and entertainment sectors by making angel and early-stage seed investments while incubating consumer entertainment technology companies focused on online videos and games. The firm has participated in several notable funding rounds, including a $4,500,000 Series A for the online education platform MasterClass in early 2015 and an $18,500,000 Series A for the subscription service Loot Crate in June 2016. Additionally, the broader investment portfolio features financial backing for consumer technology companies such as Ethos and JRNI. Expanding beyond traditional media, founder Robert Downey Junior has also joined the board of a $2,500,000,000 enterprise artificial intelligence security startup.
Downey Ventures has 4 tracked investments across 4 companies. The latest tracked deal is $11.5M Other Equity in Ethos Life in June 2018.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jun 14, 2018 | Ethos Life | $11.5M Other Equity | Roelof Botha | Arrive, Kosaku Yada, Stanford University, Thirty Five Ventures |
| Jun 1, 2016 | Loot Crate | $19.0M Series A | Greg Bettinelli | 7GC & Co, BlueRun Ventures, Camber Creek, Conductive Ventures, Grit Capital Partners, Interplay Ventures, Left Lane Capital, M13, QEY Capital, Raine Ventures, Dennis Crowley, Kevin Hart, Mark Cuban, Whitney Cummings, Breakwater Investment Management, Sterling.VC, Time Inc. |
| Feb 1, 2016 | MasterClass | $15.0M Series B | Rick Yang | Hack VC, Javelin Venture Partners, MHS Capital, Silicon Valley Connect, Turtle Ventures, Matthew Rutler, Philip Krim, YAN David Erlich, Advancit Capital, Bloomberg Beta, Michael Dearing, Novel TMT Ventures, WME Ventures |
| Sep 1, 2013 | Maker Studios | $26.0M Series C | — | Hoxton Ventures, Lakestar, Elisabeth Murdoch, JON Landau, Ynon Kreiz, Astro, Canal+, Daher Capital, Fuel Venture Capital, Greycroft, Northgate Capital, Singtel Innov8, Time Warner Investments, Upfront Ventures |