SMASH VENTURES MANAGEMENT COMPANY LP
SMASH VENTURES MANAGEMENT COMPANY LP is a Series C+ fund in Global writing $50K–$30M checks into AI, Enterprise, Fintech, Healthcare, consumer-internet, sports-&-gaming, sports-gaming, vertical-market-software, communications-infrastructure and tech-enabled-services.
- Stages
- Series C+
- Sectors
- AI, Enterprise, Fintech, Healthcare, consumer-internet, sports-&-gaming, sports-gaming, vertical-market-software, communications-infrastructure, tech-enabled-services
- Check size
- $50K–$30M
- Invests in
- Global
- Round role
- Leads rounds
- Actively investing
- Yes
- Founded
- 2018
- Assets under management
- $2.5B
- Website
- smashcap.com
Thesis
Smash Ventures focuses on investing in growth-stage technology companies with the potential to redefine their markets. The firm's investment thesis was molded during Garland and Richter's time at Disney, where they aimed to bring non-traditional consumer technology investments to big media. They look for companies outside the media space with strong brands and loyal followings, believing these companies hold untapped potential for growth and revenue generation. The firm invests in various sectors, including enterprise software, AI, fintech, consumer internet, healthcare technology, and sports & gaming. They are also interested in vertical market software, communications infrastructure, and tech-enabled services. Smash Ventures targets companies with strong brand and media capabilities. They aim to make four to five investments per year and can deploy upwards of 50 million in a single investment. For traditional search funds, they target an average equity commitment size of 2.5 million. Smash Ventures also focuses on self-funded search funds and independent sponsor deals. They back acquisition entrepreneurs before and after close, helping fill the capital stack.
Common questions
Does SMASH VENTURES MANAGEMENT COMPANY LP invest at the Series C+ stage?
Yes. SMASH VENTURES MANAGEMENT COMPANY LP lists Series C+ among the stages it invests in.
What check size does SMASH VENTURES MANAGEMENT COMPANY LP write?
SMASH VENTURES MANAGEMENT COMPANY LP writes $50K–$30M checks.
Where does SMASH VENTURES MANAGEMENT COMPANY LP invest?
SMASH VENTURES MANAGEMENT COMPANY LP invests in Global.