Raine Ventures

Raine Ventures is an early-stage investment fund managed by The Raine Group, which was founded in 2009 by industry veterans Joe Ravitch and Jeff Sine. With offices in major cities including San Francisco, New York, Los Angeles, London, and Shanghai, Raine Ventures has a global focus on the entertainment, digital media, sports, and technology sectors. The firm leverages its extensive industry experience and strategic relationships to create value for its portfolio companies. Raine Ventures specializes in growth equity investments, targeting opportunities that can benefit from its deep sector-specific expertise and network, making it a trusted financial partner in its areas of focus.

Focus

Scale Stage Series A Early Venture Series C Series B Show more

http://raine.com

https://crunchbase.com/organization/therainegroup

https://linkedin.com/company/the-raine-group

https://pitchbook.com/profiles/advisor/51002-92

https://signal.nfx.com/firms/raine-ventures

https://twitter.com/raineventures

https://www.privateequityinternational.com/database/#/profile?id=11996

Naveen Asopa

Managing Director

Joseph Beyrouty

Vice President of Finance of the Firm

Rebecca Chia

Managing Director

Ben Cousens

Associate

Fred Davis

Partner

Carrie Eagle

Investor Relations Associate

Blair Ford

Venture Partner

Brandon Gardner

Co-Founder, President & Partner

Matt Gralen

Associate

Brooks Hansen

Managing Director

Zahra Hassan

Vice President

Erik Hodge

Managing Director

Dara Leung

Managing Director

Kevin Linker

Managing Partner, Raine Liquid

Yingcun Luo

Vice President

Gaurav Mehta

Managing Director

Deborah Mei

Co-Founder & Partner

Colin Neville

Partner

Girish Punjabi

Managing Director

Joe Ravitch

Partner and Co-Founder

Todd Rosoff

Partner

Gordon Rubenstein

Managing Partner, Raine Ventures

John Salter

Co-Founder & Partner

Max Schapiro

Vice President

Jason Schretter

Partner & Head of Europe, Middle East and Africa

Jeffrey (Jeff) Sine

Partner

Brett Varsov

Partner and Head of M&A

Irene Willard

Vice President of Finance

Sherri Williams

Managing Director and Head of Private Placements, IR and Fundraising

Li Yi

Vice President

Past deals in Gambling

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 several gaming platforms, including RummyCircle, a leading online rummy site, and My11Circle, a prominent fantasy sports platform in India. Additionally, Games24x7 has established Ultimate Games, a casual games studio focused on developing new titles for the global market. The company leverages behavioral science, technology, and artificial intelligence to enhance the gaming experience across its offerings. With a team of diverse talent located in offices across Mumbai, Bengaluru, Kiev, Philadelphia, and Miami, Games24x7 aims to provide engaging and innovative 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.

Jackpocket

Series C in 2020

DraftKings

Series D in 2015

DraftKings Inc. operates as a digital sports entertainment and gaming company in the United States. The company provides users with daily sports, sports betting, and iGaming opportunities. It is also involved in the design and development of sports betting and casino gaming platform software for online and retail sportsbook, and casino gaming products. The company distributes its product offerings through various channels, including traditional websites, direct app downloads, and direct-to-consumer digital platforms. DraftKings Inc. is headquartered in Boston, Massachusetts.

DraftKings

Series C in 2014