Raine Ventures

Raine Ventures is the early-stage investment arm of The Raine Group, established in 2013 and headquartered in San Francisco. The firm operates globally with additional offices in New York, Los Angeles, London, and Shanghai, focusing on growth equity investments in sectors such as entertainment, digital media, sports, information technology, and lifestyle. Raine Ventures leverages its extensive industry experience and a unique network of strategic relationships to create value for its portfolio companies and clients. As part of The Raine Group, which was founded in 2009 by industry veterans, Raine Ventures benefits from a deep understanding of the technology, media, and telecommunications sectors, positioning it as a trusted financial partner and advisor.

Naveen Asopa

Managing Director

Michael Branch

Senior Vice President, Portfolio Partnerships

Elizabeth Brillman

Venture Capital Partner

Avidha Chakrabarti

Associate

Fred Davis

Partner

James Dolan

Associate

Christopher Donini

Partner

Brandon Gardner

Partner, Co-Founder President and COO

Garrett Gomes

Managing Director

Garrett Gomes

Managing Director

Cesar Han

Managing Director

Brooks Hansen

Managing Director

Erik Hodge

Partner

Dara Leung

Managing Director

Kevin Linker

Managing Partner, Next-Gen Communications

Yingcun Luo

Managing Director

Mark Mager

Managing Director

Judy McLellan

Managing Director

Gaurav Mehta

Partner and Head - India

Jessica Payne

Managing Director

Jonathan Pflug

Managing Director

Girish Punjabi

Managing Director

Joe Puthenveetil

Managing Director

Peter Randaccio

Vice President

Joseph Ravitch

Co-Founder / Partner

Todd Rosoff

Partner

Ben Ross

Associate

John Salter

Co-Founder and Partner

Jason Schretter

Partner / Head of EMEA

Jeff Sine

Co-Founder / Partner

Jeffery Sine

Co-Founder and Partner

Quincy Smith

Partner

Jake Vachal

Managing Director

Brett Varsov

Partner and Head of M&A

Sherri Williams

Partner

Past deals in Gambling

Zebedee

Series B in 2022
Zebedee, Inc. operates a platform designed to integrate bitcoin into digital gaming environments, facilitating in-game microtransactions. Founded in 2019 and headquartered in Hoboken, New Jersey, Zebedee provides a solution that enables game developers to implement bitcoin microtransactions, allowing players to send and receive small amounts of bitcoin seamlessly within games. The platform supports players, developers, streamers, and viewers in exchanging value effortlessly, promoting a frictionless experience in digital interactions. By offering infrastructure and software for Bitcoin and Lightning support, Zebedee aims to enhance the monetization of gaming and digital experiences.

Games24x7

Venture Round in 2022
Games24x7 is an online gaming company based in Mumbai, India, founded in 2006 by economists Bhavin Pandya and Trivikraman Thampy. The company operates a portfolio of skill-based and casual games, including RummyCircle, the leading online rummy platform in India, and My11Circle, a prominent fantasy sports platform. Additionally, Games24x7 has established Ultimate Games, a casual games studio aimed at launching new titles for the global market. The company leverages behavioral science, technology, and artificial intelligence to enhance user experiences and provide a diverse selection of games that cater to various interests and skill levels. With a talented team spread across multiple continents, Games24x7 aims to deliver engaging and rewarding gaming experiences to its users.

Midnite

Series A in 2022
Midnite is a betting platform tailored for the esports fan.

Jackpocket

Series D in 2021
Jackpocket, Inc. develops a mobile application that allows users to buy lottery tickets while playing games. Its application can be downloaded on iOS and Android devices. The company was founded in 2013 and is based in New York, New York.

Arcadia Gaming

Venture Round in 2021
Developer of a live-streaming platform designed for online gaming providers. The company's platform brings physical arcade machines to online casinos and offers live gaming with a slot-like patented return-to-player mechanism, as the games are hosted in secure data centers, enabling operators to help players remotely control physical machines and enjoy a unique experience.

Jackpocket

Series C in 2020
Jackpocket, Inc. develops a mobile application that allows users to buy lottery tickets while playing games. Its application can be downloaded on iOS and Android devices. The company was founded in 2013 and is based in New York, New York.

DraftKings

Series D in 2015
DraftKings, Inc. is a Boston-based digital sports entertainment and gaming company that offers a range of online services focused on daily and weekly fantasy sports contests, sports betting, and iGaming. Founded in 2012, the company initially gained recognition for its innovative approach to daily fantasy sports, providing contests for major sports such as football, baseball, basketball, hockey, golf, and college events. Following a Supreme Court ruling in 2018, DraftKings expanded its operations to include online sports wagering and casino gaming, now active in 27 states for sports betting and seven states for iGaming. It holds a significant market presence and generally ranks among the top three in revenue share in its competitive states. The company's offerings are accessible through various channels, including websites and mobile applications, and it also operates a marketplace for non-fungible tokens and develops online gaming products.

RisingTideGames

Seed Round in 2015
Rising Tide Games, Inc. is a New York-based game production company that specializes in developing social interactive games. Founded in 2014, the company focuses on creating engaging gaming experiences that foster social interaction among players. As of September 2015, Rising Tide Games operates as a subsidiary of Zynga, a well-known entity in the gaming industry.

DraftKings

Series C in 2014
DraftKings, Inc. is a Boston-based digital sports entertainment and gaming company that offers a range of online services focused on daily and weekly fantasy sports contests, sports betting, and iGaming. Founded in 2012, the company initially gained recognition for its innovative approach to daily fantasy sports, providing contests for major sports such as football, baseball, basketball, hockey, golf, and college events. Following a Supreme Court ruling in 2018, DraftKings expanded its operations to include online sports wagering and casino gaming, now active in 27 states for sports betting and seven states for iGaming. It holds a significant market presence and generally ranks among the top three in revenue share in its competitive states. The company's offerings are accessible through various channels, including websites and mobile applications, and it also operates a marketplace for non-fungible tokens and develops online gaming products.
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