Raine Ventures

Raine Ventures is The Raine Group's early stage fund.

ActiveVenture Capital

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Updated: Feb 17, 2026 ·

Financial History

Total Raised

N/A

Valuation

N/A

Investments Made

Date	Company	Round	Lead Investor(s)	Co-Investor(s)
Jun 1, 2025	Definely	$30.0M Series B	—	Adapt Ventures, Alumni Ventures, Authentic Ventures, BoxGroup, Browder Capital, Capital Factory, CapitalX, Fifth Wall, Foundation Capital, Infinite Niches, Kepler Operator’s Fund, NextView Ventures, Not Boring Capital, Octopus Ventures, Offline Ventures, Paradox Capital, Pareto Holdings, Predictive VC, Redpoint Ventures, SRB Ventures, Systemiq Capital, Thirty Five Ventures, Uncork Capital, Adam Guild, Claire Hughes Johnson, Cory Levy, Priyank Chandra, Quinn Slack, Rich Miner, Scot Wingo
May 1, 2024	Definely	$7.0M Series A	—	01 Advisors, 20VC, Accel, AirAngels, Alumni Ventures, Coinbase Ventures, FJ Labs, Jude Gomila Rolling Fund, Octopus Ventures, Sequoia Capital, Systemiq Capital, Y Combinator, Akash Garg, Aston Motes, Bobby Goodlatte, Charlie Cheever, Christina Cacioppo, Claire Hughes Johnson, Dylan Field, Immad Akhund, Jeff Chang, Julia DeWahl, Koen Bok, Lauren Loktev, Marc McCabe, Robert Gentz, Stewart Butterfield, Tikhon Bernstam
Mar 1, 2024	Lily AI	$20.0M Series B	—	7GC & Co, BlueRun Ventures, Camber Creek, Canaan Partners, Conductive Ventures, Grit Capital Partners, Interplay Ventures, Left Lane Capital, M13, QEY Capital, Top Tier Capital Partners, WestWave Capital, Dennis Crowley, Kevin Hart, Mark Cuban, Whitney Cummings
May 1, 2023	Qualis Flow	$9.0M Series A	—	Alumni Ventures, Octopus Ventures, Systemiq Capital, Claire Hughes Johnson
Apr 1, 2023	Rock The Bells	$15.0M Series B	—	7GC & Co, BlueRun Ventures, Camber Creek, Conductive Ventures, Grit Capital Partners, Interplay Ventures, Left Lane Capital, M13, QEY Capital, Dennis Crowley, Kevin Hart, Mark Cuban, Whitney Cummings
Mar 1, 2023	Barley	$4.0M Seed	—	1955 Capital, AME Cloud Ventures, Bling Capital, Framework Venture Partners, Golden Ventures, Hardware Club, Uncork Capital
Jan 1, 2023	Zurp	$5.0M Seed	—	10X Capital, 20VC, 7GC & Co, Access Biotechnology, AirAngels, Amity Ventures, Andreessen Horowitz, Animoca Brands, Asymmetric, Atlas Venture, Awesome People Ventures, BlueRun Ventures, Bombas, Buckley Ventures, C2 Investment, Camber Creek, CapitalG, Cardumen Capital, Coalition Operators, Color Capital, Conductive Ventures, Darling Ventures, Earl Grey Capital, Freestyle Capital, Freigeist, Grit Capital Partners, Hack VC, Immeasurable, Interlace Ventures, Interplay Ventures, Jump Crypto, Kepler Operator’s Fund, Left Lane Capital, Lightspeed Venture Partners, Long Journey Ventures, M13, Mantis VC, Menlo Ventures, NFX, Pantera Capital, Pareto Holdings, Plaid, QEY Capital, Reshape Ventures, Gil Penchina, Saga, Sanofi Ventures, Scale Venture Partners, Scribble Ventures, Slow Ventures, SRB Ventures, Trust Fund, Volition Capital, Andy Bechtolsheim, Arash Ferdowsi, Baron Davis, Bill Tai, Christian Reber, Claire Hughes Johnson, Darius Contractor, Dennis Crowley, Ethan Beard, George Ruan, Julian Shapiro, Kevin Hart, Koen Bok, Kunal Shah, Leore Avidar, Louis Beryl, Manik Gupta, Mark Cuban, Mathilde Collin, Melissa Tan, Roger Ehrenberg, Ryan Tedder, Scott Belsky, Shane Battier, Tony Hawk, Tyler Willis, Vindi Banga, Whitney Cummings
Oct 1, 2022	Liquid Death	$70.0M Series D	—	7GC & Co, BlueRun Ventures, Camber Creek, Conductive Ventures, Grit Capital Partners, Interplay Ventures, Left Lane Capital, M13, QEY Capital, Red Swan Ventures, Science, Dennis Crowley, Kevin Hart, Mark Cuban, Sahin Boydas
Sep 1, 2022	Composer	$6.0M Seed	—	20VC, 7GC & Co, Angel Invest, BlueRun Ventures, Camber Creek, Conductive Ventures, Connect Ventures, Crosslink Capital, First Round Capital, Grit Capital Partners, Interplay Ventures, Left Lane Capital, M13, Pareto Holdings, Peak, QEY Capital, Spero Ventures, Stride VC, Y Combinator, Dennis Crowley, Kevin Hart, Lucas Cranach, Mark Cuban, Patrick Andrae, Whitney Cummings
May 1, 2022	Natrion	$2.0M Seed	—	7GC & Co, BlueRun Ventures, Camber Creek, Conductive Ventures, Grit Capital Partners, Interplay Ventures, Left Lane Capital, M13, QEY Capital, TechNexus Venture Collaborative, Dennis Crowley, Kevin Hart, Whitney Cummings
Nov 1, 2021	Jackpocket	$120.0M Series D	—	1984 Ventures, 7GC & Co, Battery Ventures, Bombas, Bow Capital, Conductive Ventures, Craft Ventures, Divergent Capital, Jenny Fielding, Scott Hartley, Infinite Niches, Innovation Endeavors, Insight Partners, Jump Crypto, Left Lane Capital, Pantera Capital, REMUS Capital, Scale Asia Ventures, Scalebridge Capital, Spero Ventures, SuperAngel.Fund, Symbolic Capital, Boris Hageney, Jack Leeney, Justin Timberlake, Kevin Hart, Lev Ekster, Richard Rosenblatt, Wiley Cerilli
Nov 1, 2021	Allo	$5.0M Seed	—	Ascendo Ventures, 20VC, Alumni Ventures, Chalfen Ventures, Christian Reber, Claire Hughes Johnson, Mario Götze, Michael Wax, Octopus Ventures, Patrick Andrae, Systemiq Capital, Tushar Ahluwalia
Oct 1, 2021	nft42, Inc., d/b/a nameless	$4.0M Seed	—	AME Cloud Ventures, B Capital Group, Craft Ventures, Grace Beauty Capital, Greylock, Hardware Club, North Island Ventures, Springdale Ventures, Vayner RSE, Ben Holmes, Greg Maffei, Gustavo Pessoa, John Makinson
Oct 1, 2021	Rad Power Bikes	$150.0M Series D	—	Madrona Ventures, Movac, Vulcan Capital
Sep 1, 2021	Flexcavo	$6.0M Seed	—	Accel, Bascom Ventures, Fabric Ventures, General Catalyst, Global Founders Capital, Greenoaks Capital, Index Ventures, IVP, La Famiglia, Lightspeed Venture Partners, Luv Ventures, Meritech Capital Partners, Morado Venture Partners, Northzone, Picus Capital, Redstone, VR Ventures, Anselm Bauer, Benjamin Guenther, Hanno Renner, Maximilian Tayenthal, Max-Josef Meier, Patrick Andrae, Reiner Mauch, Rubin Ritter, Sebastian Schuon
Sep 1, 2021	Rocket Dollar	$8.0M Series A	—	DST Global, gener8tor, Idealab, Khosla Ventures, Kraken Ventures, Lakestar, LGF, Next Level Ventures, Primetime Partners, Saturn Partners, Sure, Village Global, Henry Yoshida, Kunal Shah, Mato Peric
Aug 1, 2021	Absurd:Joy	$5.0M Seed	—	1Up Ventures, Animo Ventures, Avalanche VC, Dune Ventures, Jenny Fielding, Scott Hartley, foobar.vc, Galaxy Interactive, General Catalyst, KRM Interests LLC, LAUNCH, London Venture Partners, March Capital, Nonlinear, Rethink Impact, Sequoia Capital, Thrive Capital, True Ventures, Bryan Meehan, Eden Chen, Erin Shipley, Jaroslav Beck, Mark Pincus, Michael Stoppelman, Moaffak Ahmed, Rolf Schrömgens
Jul 1, 2021	Tailor Brands	$50.0M Series C	—	Accel, Aya, Disruptive Technologies Venture Capital, Giza Polish Ventures, HV Capital, Innovation Endeavors, Mangrove Capital Partners, Pitango Venture Capital, S Capital VC, Spero Ventures, Stride VC, Webtalk Ltd, Jens Christensen
Jul 1, 2021	talkshoplive	$6.0M Seed	—	Andreessen Horowitz, Matt Ocko, Flex Capital, Founder Collective, Index Ventures, Miramar Ventures, Primetime Partners, Saturn Partners, Teamworthy Ventures, Esther Dyson
Jun 1, 2021	Figma	$200.0M Series E	—	A Capital, Kevin Hartz, AirAngels, Andreessen Horowitz, Animoca Brands, Anorak Ventures, Atomic, Bascom Ventures, Base Partners, Bee Partners, Benchmark, Blue Bear Capital, C2 Investment, Cedar Capital Group, Climate Capital, Coatue, CoinFund, Contrary Capital, CRV, Daffy, Davidovs VC, Dreamers VC, Earthshot Ventures, Eclipse Ventures, Electric Capital, Endeavor8, Ensemble VC, Fabric Ventures, Founders Fund, Fuel Capital, Future Shape, General Catalyst, Greylock, Brian Bendett, Harrison Metal, Index Ventures, IVP, Kapor Capital, Kleiner Perkins, LGF, Ligature, LombardStreet Ventures, Menlo Ventures, Morado Venture Partners, Next Play Ventures, Obvious Ventures, Otherwise Fund, Outcast Ventures, Pathbreaker Ventures, Pillar VC, Robert Bosch Venture Capital, S2G Ventures, Scalar Capital, Sequoia Capital, Slow Ventures, SOSV, SRB Ventures, The Hit Forge, Todd and Rahul's Angel Fund, UpHonest Capital, UP.Partners, Vayner RSE, Wing Venture Capital, Aaron Levie, Amjad Masad, Arash Ferdowsi, Augusto Marietti, Balaji Srinivasan, Ben Porterfield, Bradley Horowitz, Colin Carrier, Daniel Kan, DJ Patil, Do Kwon, Drew Houston, Dylan Field, Elad Gil, Felix Jahn, Greg Brockman, Jack Chou, Jeremy Stoppelman, Jonathan Wasserstrum, Julia Hartz, Kevin Colas, Kyle Vogt, Marc Benioff, Maximilian Tayenthal, Max Mullen, Max Ventilla, Mike Krieger, Ryan Shea, Sahin Boydas, Sam Altman
Jun 1, 2021	Yieldstreet	$100.0M Series C	—	IVP, Lampros Capital Partners, LightShed Ventures, Primetime Partners, Sixty8 Capital, TQ Ventures, Ron Zuckerman
May 1, 2021	Nana Academy	$18.0M Series A	—	1984 Ventures, 8VC, Kevin Hartz, Alt Capital, Army Venture Capital Corp., Collab Capital, Crosslink Capital, CRV, For Good Ventures, Incisive Ventures, Initialized Capital, Kapor Capital, Maveron, Next Play Ventures, Obvious Ventures, Pareto Holdings, Preface Ventures, Rackhouse Venture Capital, Sequoia Capital, Spero Ventures, Stage Venture Partners, Stellar Capital, SV Angel, TechSquare Labs, Thirty Five Ventures, Tribe Capital, Turtle Ventures, Ulu Ventures, Unshackled Ventures, Vista Venture Partners, WorkLife Ventures, Y Combinator, Yes VC, Anthony Pompliano, Bangaly Kaba, Baron Davis, Bob Lee, Dylan Field, Halle Tecco, Jacob Chapman, John Henry, Justin Rosenstein, Kevin Lee, Khaled Helioui, Michael Staton, Nick Caldwell, Richard Rosenblatt, Sameer Bhalla, Scott Belsky, Sean Behr
Apr 1, 2021	Rock The Bells	$8.0M Series A	—	7GC & Co, AME Cloud Ventures, Andreessen Horowitz, Angel investor, Archetype, Blisce, BlueRun Ventures, Bond, Bow Capital, BoxGroup, Caffeinated Capital, Camber Creek, Chapter One Ventures, Coatue, CoinFund, Compound, Conductive Ventures, Craft Ventures, Dispersion Capital, Dreamers VC, Electric Capital, Floodgate, Graph Ventures, Greylock, Griffin Gaming Partners, Grit Capital Partners, Hardware Club, Helium-3 Ventures, Interplay Ventures, Khosla Ventures, Left Lane Capital, M13, North Island Ventures, Paradigm, QEY Capital, Reform Ventures, Roosh Ventures, Sequoia Capital, Sound Ventures, Susa Ventures, The Hit Forge, Thirty Five Ventures, Threshold Ventures, Union Square Ventures, Webb Investment Network, Yes VC, Andre Iguodala, Avid Larizadeh, Balaji Srinivasan, Bill Tai, Dennis Crowley, Dharmesh Shah, Jeff Morris, Kevin Hart, Mark Cuban, Mark Pincus, Matt Bellamy, Rashaun Williams, Whitney Cummings, William Mougayar
Apr 1, 2021	finmid	$2.0M Seed	—	Bascom Ventures, Fabric Ventures, General Catalyst, IVP, Morado Venture Partners, Felix Jahn
Apr 1, 2021	Boundless Immigration	$25.0M Series B	—	Alumni Ventures, AME Cloud Ventures, Foundry Group, General Atlantic, Greylock, Hardware Club, H.I.G. Capital, Madrona Ventures, North Island Ventures, OurCrowd, Gil Penchina, Sapphire Ventures, Chaim Meir Tessler, Greg Maffei, Mark Cuban, Will Herman

Financial History

Total Raised

N/A

Valuation

N/A

Leadership Team

Key people at Raine Ventures.

Leadership Team

Key people at Raine Ventures.

Deep Dive

High-Level Overview

Raine Ventures is the early-stage investment arm of The Raine Group, a globally recognized merchant bank focused on technology, media, and telecommunications (TMT). Its mission is to identify, build, and back the next generation of disruptive TMT startups, leveraging both capital and strategic guidance to accelerate growth. Raine Ventures operates with a philosophy centered on value-add investing—providing not just funding but also access to Raine’s deep industry relationships, global network, and operational expertise. The fund targets companies in sectors such as SaaS, software, IT services, hardware, gaming, sports tech, health and wellness, and digital media. By supporting founders at the earliest stages, Raine Ventures plays a pivotal role in shaping the future of innovation within the TMT ecosystem, helping startups scale internationally and navigate complex industry dynamics.

Origin Story

Launched in 2013 as an extension of The Raine Group, Raine Ventures was created to formalize and expand the firm’s early-stage investment activities. The Raine Group itself was founded in 2009 by a team of seasoned investment bankers and entrepreneurs with deep roots in media, entertainment, and technology. Key figures include Joseph Ravitch and J. Dana Settle, who have led the firm’s evolution from a boutique advisory shop into a vertically integrated merchant bank with a robust venture and growth equity platform. Over time, Raine Ventures has grown alongside the broader TMT sector, capitalizing on the rise of digital transformation, mobile-first platforms, and new consumer behaviors. Its launch marked a strategic shift to capture value not only through advisory work but also by directly participating in the growth of emerging companies.

Core Differentiators

Integrated Merchant Bank Model: Raine Ventures benefits from the full resources of The Raine Group, combining venture capital with investment banking, M&A advisory, and strategic consulting.
Global Network & Industry Access: With offices in New York, San Francisco, London, Mumbai, Shanghai, and more, Raine offers portfolio companies unparalleled access to international markets, partners, and acquirers.
Strategic Value-Add: Beyond capital, Raine provides hands-on support in business development, recruiting, go-to-market strategy, and follow-on fundraising.
Track Record of High-Profile Exits: Raine has advised on landmark deals (e.g., UFC, WWE, Chelsea FC) and invested in companies that have achieved significant exits or rapid scaling.
Sector Specialization: Deep expertise in TMT allows Raine Ventures to offer nuanced insights and connections that generalist VCs often lack.

Role in the Broader Tech Landscape

Raine Ventures is riding the wave of digital disruption across media, entertainment, sports, and enterprise technology. The timing is critical: as traditional industries undergo rapid digitization, startups are redefining how content is created, distributed, and monetized. Raine Ventures is uniquely positioned to back founders building at the intersection of technology and culture—whether it’s AI-powered tax platforms, blockchain gaming, or next-gen fitness brands. Market forces like the rise of creator economies, mobile-first consumers, and global connectivity are working in its favor. By nurturing early-stage innovation, Raine Ventures helps shape the infrastructure of tomorrow’s digital world, influencing everything from how fans engage with sports to how businesses operate in the cloud.

Quick Take & Future Outlook

Raine Ventures is poised to deepen its influence as the TMT sector continues to evolve. Expect increased activity in AI-driven platforms, immersive media, and cross-border expansion, particularly in emerging markets like India and Southeast Asia. The firm’s ability to blend venture capital with strategic advisory will remain a key advantage as startups face more complex scaling challenges. Looking ahead, Raine Ventures is likely to double down on sectors where technology meets culture—gaming, sports, wellness, and digital content—while expanding its footprint in frontier tech like Web3 and spatial computing. As the line between media, tech, and telecom blurs, Raine Ventures will continue to be a go-to partner for founders building the next wave of iconic brands. Just as it helped shape the rise of digital sports and entertainment, its next chapter will be defined by backing the innovators who are reimagining the future of connection, creativity, and commerce.

Sources

High-Level Overview

Origin Story

Core Differentiators

Integrated Merchant Bank Model: Raine Ventures benefits from the full resources of The Raine Group, combining venture capital with investment banking, M&A advisory, and strategic consulting.
Global Network & Industry Access: With offices in New York, San Francisco, London, Mumbai, Shanghai, and more, Raine offers portfolio companies unparalleled access to international markets, partners, and acquirers.
Strategic Value-Add: Beyond capital, Raine provides hands-on support in business development, recruiting, go-to-market strategy, and follow-on fundraising.
Track Record of High-Profile Exits: Raine has advised on landmark deals (e.g., UFC, WWE, Chelsea FC) and invested in companies that have achieved significant exits or rapid scaling.
Sector Specialization: Deep expertise in TMT allows Raine Ventures to offer nuanced insights and connections that generalist VCs often lack.