ADVANCIT CAPITAL ADVISORS LLC
ADVANCIT CAPITAL ADVISORS LLC is a Pre-seed, Seed, Series A and Series C+ fund in the US writing $500K–$1M checks into Healthcare, media, entertainment, technology, web3, leisure, consumer-goods and media-entertainment.
- Stages
- Pre-seed, Seed, Series A, Series C+
- Sectors
- Healthcare, media, entertainment, technology, web3, leisure, consumer-goods, media-entertainment
- Check size
- $500K–$1M
- Invests in
- US-wide
- Round role
- Leads rounds
- Actively investing
- Yes
- Founded
- 2011
- Assets under management
- $70M
Thesis
Advancit Capital Advisors LLC is an early-stage venture capital firm founded in 2011, specializing in the media, entertainment, technology, and web3 sectors. Their investment thesis focuses on identifying and supporting "best-in-class entrepreneurs" who are innovating within these markets. Primarily operating in the United States, Advancit Capital tends to lead investments. Their stage preference is predominantly seed stage, with average round sizes of $2.94M, and they also participate in Series A, pre-seed, Series C, and occasionally growth/later-stage rounds for successful portfolio follow-ons. While AUM figures vary, the firm has raised funds up to $70 million, with specific reports indicating $40 million and a second flagship vehicle at $45 million. The typical check size ranges from $500,000 to $1,000,000, with a sweet spot of $750,000.
Common questions
Does ADVANCIT CAPITAL ADVISORS LLC invest at the Pre-seed stage?
Yes. ADVANCIT CAPITAL ADVISORS LLC lists Pre-seed, Seed, Series A and Series C+ among the stages it invests in.
What check size does ADVANCIT CAPITAL ADVISORS LLC write?
ADVANCIT CAPITAL ADVISORS LLC writes $500K–$1M checks.
Where does ADVANCIT CAPITAL ADVISORS LLC invest?
ADVANCIT CAPITAL ADVISORS LLC invests in the US.