Phoenix Capital Ventures

Phoenix Capital Ventures is a venture capital firm established in 2016, with locations in Atlanta and New York City. The firm specializes in investing in early-stage and scaling companies within the sports, media, and lifestyle industries. Its investment focus extends across various sectors, including gaming, esports, entertainment, ticketing, and predictive analytics. By providing both capital and strategic guidance, Phoenix Capital Ventures aims to support the growth of innovative companies in these dynamic fields.

Adam Lewites

Managing Director

Andrew Steinberg

Founder & Managing Partner

10 past transactions

Nextiles

Seed Round in 2022
Nextiles is a New York-based company founded in 2019 that specializes in smart apparel technology, merging athletic clothing with an advanced analytics system to enhance exercise performance and safety. The company innovatively integrates electrically conductive fibers into fabrics using a patented sewing technology, allowing for the development of wearables that include motion sensors directly within the apparel. This unique approach enables the creation of responsive and adaptive devices, providing valuable insights into an individual's movement patterns. With a strong foundation in electrical engineering and circuit design, Nextiles offers its expertise to businesses looking to develop or enhance their own Internet of Things (IoT) and smart device products.

Flexia

Seed Round in 2022
Flexia is a connected fitness company that offers a comprehensive home fitness solution centered around Pilates. The company provides a professional-grade Pilates machine known as the Reformer, along with an online studio featuring classes suitable for all skill levels. Flexia's technology is designed to tailor workouts and quantify their health benefits, focusing on improving posture, flexibility, and muscle tone while minimizing impact on the joints. By combining high-quality equipment with accessible online instruction, Flexia aims to replicate the Pilates studio experience in the comfort of one’s home.

Tallysight

Venture Round in 2022
Tallysight was started with one simple goal — to make the wisdom of sports experts accessible to all. We believe the smartest sports betting insights get lost over the internet. Everyday, industry analysts make picks, predictions, and analysis — but it’s too difficult to make sense of all this information. Sports experts need an easier way to share their insights and fans should be able to find them in one place. We’re building the tools and technology that will help raise the bar for sports intelligence and make it useful for casual fans and experts alike. Tallysight is a next-generation platform that helps sports writers, analysts, & organizations share their sports picks and gain recognition. Powered by a network of over 2,000 sports media professionals from 600+ outlets.

Prevent Biometrics

Venture Round in 2022
Prevent’s goal is to make athletes safer by eliminating undetected concussions. We provide parents, coaches and trainers the technology needed to monitor athletes in real time on the field of play. Undetected and untreated concussions can result in a variety of health issues, including cognitive and behavioral problems, ruining the lives of many athletes. As a result of high profile lawsuits and tragedies in the NFL and NCAA, concussion awareness is growing rapidly and has resulted in all 50 states passing laws on concussions in sports for youth and high school athletes. Further evidence of the level of concern by parents is the precipitous 9.5% drop in youth football participation.

The List

Seed Round in 2021
THE LIST Limited offers e-commerce platform that offers a wide selection of curated boutiques products. The company was founded in 2016 and is based in Dubai, United Arab Emirates with additional offices in Berlin, Germany; and Lisbon, Portugal.

PrizePicks

Venture Round in 2021
PrizePicks is the largest independently owned Daily Fantasy Sports platform in North America, offering a unique experience where users make real-money over/under predictions against estimated projections rather than competing against each other. This approach simplifies daily fantasy sports and provides extensive coverage across various sports, making it accessible to a broad audience. PrizePicks has established partnerships with professional sports teams, including the Atlanta Braves and Miami Marlins, enhancing its visibility and reach. It serves as a legal alternative to mobile sports betting in many U.S. markets, including major states like California, Texas, Florida, and Georgia. With a digital presence covering over 60 percent of the U.S. population, PrizePicks is designed for mass participation. The company is headquartered in Atlanta and is part of Performance Predictions, which also includes other fan engagement solutions. Users can access PrizePicks through its website or mobile applications available on major platforms.

Skillshot Media

Seed Round in 2021
Skillshot Media builds community through esports. Skillshot operates online and offline competitive video game competitions, from grassroots amateur tournaments to professional global leagues and live arena events, supported by industry-leading video production and active community management.

Ghost Gaming

Seed Round in 2021
Ghost Gaming is an Atlanta-based organization cultivating the best talent in gaming and providing platforms to create unique partnerships in sports, music, lifestyle, and entertainment. Ghost Gaming has a roster of professional esports players across multiple videogame titles, including Fortnite, Rocket League and homegrown Atlanta games Brawlhalla and Smite. With millions of social media followers across all platforms, Ghost has established itself as one of the most popular names in gaming.

Ghost Gaming

Acquisition in 2020
Ghost Gaming is an Atlanta-based organization cultivating the best talent in gaming and providing platforms to create unique partnerships in sports, music, lifestyle, and entertainment. Ghost Gaming has a roster of professional esports players across multiple videogame titles, including Fortnite, Rocket League and homegrown Atlanta games Brawlhalla and Smite. With millions of social media followers across all platforms, Ghost has established itself as one of the most popular names in gaming.

PrizePicks

Venture Round in 2020
PrizePicks is the largest independently owned Daily Fantasy Sports platform in North America, offering a unique experience where users make real-money over/under predictions against estimated projections rather than competing against each other. This approach simplifies daily fantasy sports and provides extensive coverage across various sports, making it accessible to a broad audience. PrizePicks has established partnerships with professional sports teams, including the Atlanta Braves and Miami Marlins, enhancing its visibility and reach. It serves as a legal alternative to mobile sports betting in many U.S. markets, including major states like California, Texas, Florida, and Georgia. With a digital presence covering over 60 percent of the U.S. population, PrizePicks is designed for mass participation. The company is headquartered in Atlanta and is part of Performance Predictions, which also includes other fan engagement solutions. Users can access PrizePicks through its website or mobile applications available on major platforms.