Cobalt Capital

Cobalt Capital is a principal investment firm based in Santa Monica, California, focusing on growth-stage opportunities. Originally known as Evolution Media, the firm specializes in sectors such as digital content, technology, media, consumer, and lifestyle. Cobalt Capital partners with exceptional teams to cultivate and scale innovative businesses, leveraging its deep industry expertise and extensive network to accelerate the growth of its portfolio companies. The firm aims to invest in rising technology ventures that significantly influence culture and actively works to help these companies reshape and disrupt their respective industries.

Dan Abrams

Managing Partner

Richard Hess

Founder and Managing Partner

14 past transactions

Tonal

Venture Round in 2023
Tonal is a smart home gym company that specializes in strength training through a digital fitness platform. Founded in 2015 by Aly Orady and headquartered in San Francisco, California, Tonal manufactures innovative fitness equipment that is wall-mounted and utilizes artificial intelligence to deliver personalized workouts. The system generates variable resistance using magnets and electricity, allowing users to perform a wide range of exercises without traditional weights. Tonal's platform tracks workouts in real-time and offers tailored workout plans aimed at muscle building, strength balancing, and athletic performance. Additionally, the company provides live and recorded classes led by expert coaches, enhancing the user experience and accessibility of full-body fitness training from home.

Intellimize

Series B in 2021
Intellimize, Inc. specializes in website personalization and conversion rate optimization, leveraging machine learning to enhance marketing effectiveness. Founded in 2016 and headquartered in San Mateo, California, the company automates the process of optimizing websites to improve customer acquisition and drive revenue growth. Intellimize's platform personalizes the user experience for each visitor in real-time across both mobile and desktop devices, allowing marketers to deliver tailored content without the complexities of traditional A/B testing or rules-based personalization. This approach enables companies to achieve higher conversion rates and increased revenue with less effort, making Intellimize a preferred choice for leading organizations seeking to optimize their online presence.

Mux

Series D in 2021
Mux specializes in online video infrastructure. Initially known for Mux Data, its performance analytics tool trusted by prominent companies, it later launched Mux Video, offering a simple API for video hosting, encoding, and streaming. Mux focuses on key viewer metrics like rebuffering, startup time, video quality, and errors to ensure optimal video experiences across devices.

Tonal

Series E in 2021
Tonal is a smart home gym company that specializes in strength training through a digital fitness platform. Founded in 2015 by Aly Orady and headquartered in San Francisco, California, Tonal manufactures innovative fitness equipment that is wall-mounted and utilizes artificial intelligence to deliver personalized workouts. The system generates variable resistance using magnets and electricity, allowing users to perform a wide range of exercises without traditional weights. Tonal's platform tracks workouts in real-time and offers tailored workout plans aimed at muscle building, strength balancing, and athletic performance. Additionally, the company provides live and recorded classes led by expert coaches, enhancing the user experience and accessibility of full-body fitness training from home.

Mux

Series C in 2020
Mux specializes in online video infrastructure. Initially known for Mux Data, its performance analytics tool trusted by prominent companies, it later launched Mux Video, offering a simple API for video hosting, encoding, and streaming. Mux focuses on key viewer metrics like rebuffering, startup time, video quality, and errors to ensure optimal video experiences across devices.

Feather

Series B in 2020
Feather offers a furniture rental service for urban residents. Members can access high-quality furniture at affordable monthly prices, with options to add, swap, buy, or return items as needed. The company delivers and assembles furniture within a week, promoting sustainability by reducing waste and keeping furniture in use.

Boat Rocker Media

Venture Round in 2019
Boat Rocker Media is a global entertainment company that creates, produces, and distributes premium content across various platforms.

Premier Lacrosse League

Series A in 2019
The Premier Lacrosse League is a professional lacrosse organization that operates a tour-based league featuring top-tier teams and players. It aims to bring lacrosse to a national stage, providing fans with an entertaining sports experience.

CreatorIQ

Series A in 2017
CreatorIQ delivers an enterprise influencer marketing platform centered on an Intelligence Cloud that enables data-driven creator discovery, automated workflow, brand safety, and measurement. The platform helps brands, agencies, and publishers manage influencer campaigns at scale by identifying suitable talent, managing creator relationships, and monitoring performance across campaigns to drive meaningful business results.

Fender Digital

Venture Round in 2016
Fender Digital LLC, a subsidiary of Fender Musical Instruments Corporation, was established in 2015 and is headquartered in Los Angeles, California. The company specializes in the development of applications, websites, platforms, and tools designed to enhance the experience of using guitars, amplifiers, and audio equipment. By focusing on digital solutions that complement its parent company's renowned musical instruments, Fender Digital aims to innovate and expand the ways musicians interact with their gear.

Thom Browne

Venture Round in 2016
Thom Browne, Inc. is a New York-based company specializing in the design and marketing of modern tailoring and apparel for men, women, and children. The company offers a diverse range of products, including ready-to-wear clothing, footwear, leather goods, eyewear, ties, and various accessories. Known for its distinctive style, Thom Browne conveys a unique design aesthetic that blends classic tailoring with contemporary elements. As of August 2018, Thom Browne operates as a subsidiary of Ermenegildo Zegna Holditalia S.p.A., further expanding its reach in the fashion industry.

Fred Segal

Venture Round in 2014
Fred Segal Inc. is a prominent retailer based in Los Angeles, California, specializing in clothing stores and boutiques for men, women, and children. Established in 1961, the company offers a diverse range of casual and contemporary apparel, including tops, denim jeans, jackets, loungewear, dresses, swimwear, and various accessories such as jewelry, eyewear, and footwear. In addition to clothing, Fred Segal provides home goods and features amenities like cafés, salons, and spas within its retail spaces. The company has expanded its presence internationally with locations in cities such as Tokyo, Kobe, Zürich, Lausanne, Taipei, and Kuala Lumpur, while also maintaining an online sales platform to reach a broader audience.

Brave Bison

Venture Round in 2013
Brave Bison is an independent digital media company specializing in social video broadcasting. It offers services including digital advertising, influencer marketing, paid media, search engine optimization, and operates a network of channels across platforms like YouTube, Snapchat, Facebook, TikTok, and Instagram.

Matador

Venture Round in 2012
Matador is a full-service content production company established in 2013, with offices located in New York and Los Angeles. Founded by experienced producers Jay Peterson and Todd Lubin, the company focuses on creating a diverse array of innovative content across multiple platforms. Matador's production portfolio includes various formats such as series, specials, documentaries, docu-soaps, and large-scale competition shows, showcasing its commitment to delivering engaging and popular media. Through their collaboration and creative vision, Matador has positioned itself as a significant player in the content production industry.
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