HearstLab
HearstLab, established in 2015 and based in New York, is a corporate venture capital arm of Hearst Corporation that focuses on early-stage investments in women-led startups. The firm targets companies primarily in technology, data analytics, fintech, healthcare, transportation, and media sectors, primarily within North America. HearstLab has invested in over 56 startups at the Seed and Series A stages, achieving four successful exits. In addition to capital investments, HearstLab offers a year of comprehensive support services, leveraging Hearst’s extensive resources across more than 360 businesses. This support includes assistance with commercial deals, legal services, marketing, and capital raising. Portfolio companies also benefit from the strategic insights of HearstLab Scouts, a network of women leaders from Hearst who provide mentorship and connections. The dedicated team at HearstLab further enhances portfolio companies by offering expertise in areas such as UI/UX, DevOps engineering, data security, and business development.
FilmChain Ltd is a fintech company based in London, established in 2018, that addresses financial inefficiencies in the film and television industry. Operating within a £267 billion market, FilmChain tackles issues such as underreported revenues and delayed payments that can extend for years. The company provides a platform that enables nearly real-time payments to stakeholders involved in independent films and offers a royalties management system for larger enterprises. By utilizing a private Ethereum blockchain ledger, FilmChain ensures transparency in transactions and facilitates the distribution of funds directly to stakeholders' digital wallets. Additionally, the company offers features such as collaboration tools, legal support, instant withdrawals, automatic statement generation, and performance tracking. FilmChain's client base includes award-nominated films and various businesses across Europe, the UK, Israel, Australia, and North America.
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