Powerhouse Capital I

Powerhouse Capital I, established in 2020, is a Los Angeles-based venture capital fund focused on global technology investments in media, entertainment, and interactive gaming. The fund, managed by Powerhouse Capital, targets high-growth companies in the United States and Canada, with a strategic focus on direct-to-consumer platforms driven by data. Its investment strategy is centered around four key sectors: visual content, audio and podcasting, gaming and esports, and the experience economy. The fund's team, comprising veterans from Evolution Media, leverages extensive operating, investing, and board experience in these sectors to identify and create value in investment opportunities.

Ian Doody

Managing Partner

Salim Mitha

Managing Partner

25 past transactions

Cheehoo

Seed Round in 2025
Cheehoo is an AI-powered animation platform based in Los Angeles, California, focused on enhancing and expediting the animation production process. The platform serves a diverse range of users, including artists, brands, and studios, providing them with innovative tools to streamline their creative workflows. Currently operating in stealth mode, Cheehoo is developing its technology to facilitate more efficient animation creation, enabling users to bring their visions to life with greater speed and ease.

Lil Snack

Seed Round in 2024
Lil Snack is a Los Angeles-based gaming company that operates a consumer platform offering a variety of games on a daily basis. It publishes titles like 'Fresh Prince', 'Painty Pirate', and 'Liars Quest', providing users with diverse gaming experiences each day. The company is led by a team with a proven track record in building popular gaming and digital entertainment experiences.

Closing Theory

Venture Round in 2023
Closing Theory is a studio for mobile game development.

Cineshort

Seed Round in 2022
Cineshort is a mobile application that focuses on streaming short films, effectively catering to audiences looking to enjoy quality entertainment during brief moments in their day. The platform is designed to curate and promote a variety of short films, enabling viewers to access tailored content that fits their schedules, such as an 8-minute film during a 10-minute commute. Cineshort not only enhances the viewing experience for users but also connects filmmakers with a wider audience, offering them a revenue-sharing model to support professional sustainability. Through its innovative approach, Cineshort aims to transform how people engage with film by providing a convenient and enjoyable way to discover and consume short-form content.

GAMURS Group

Series A in 2022
Gamurs Pty Ltd. is an Australian company established in 2014, focused on creating a social network for gamers. It operates a comprehensive esports media network that informs, entertains, and educates the gaming community through various content and services. Gamurs offers a range of platforms and brands, including Dot Esports, CS:GO Squad, and Teamfind, among others. The company provides digital advertising, content creation, social media management, and consulting services, facilitating online tournaments and live coverage of events. Its aim is to enable gaming enthusiasts to connect, share their achievements, and stay updated on the latest gaming news and entertainment.

SuperTeam Games

Seed Round in 2022
SuperTeam Games is a developer specializing in online games that focus on blockchain-based sports experiences. The company aims to innovate within the sports gaming franchise by creating unique gameplay that emphasizes teamwork and features fast-paced, 7v7 action. SuperTeam Games offers cross-platform compatibility, allowing players to engage with friends regardless of the device they use. Through its approach, the company seeks to deliver an enjoyable and refreshing take on traditional sports gaming, combining the excitement of competitive play with the benefits of blockchain technology.

Recurrent Ventures

Private Equity Round in 2022
Recurrent Ventures is a digital media company that focuses on empowering brands to effectively connect with consumers while ensuring editorial integrity. Founded in late 2018, the company has rapidly expanded its portfolio to include 20 diverse brands across various verticals, including automotive, home, lifestyle, military, outdoors, and science and technology. Notable brands under its umbrella include Popular Science, The Drive, Domino, MEL, Outdoor Life, Field & Stream, Car Bibles, SAVEUR, Futurism, and Task & Purpose, collectively engaging over 50 million unique visitors each month. Recurrent's strategy involves making strategic acquisitions and investments in the digital media and technology sectors, enabling its brands to scale, monetize, and inspire audiences effectively.

Canela Media

Series A in 2022
Canela Media is a digital media company that connects brands with multicultural audiences through a free streaming service and a broader ecosystem of video and display advertising solutions. It offers Canela.TV, on-demand Latino-focused movies and TV entertainment across multiple platforms, branded content, and influencer marketing. The company provides analytics to help brands understand social media position and identify effective influencers, enabling culturally relevant connections with diverse audiences in the United States. Founded in 2019 and based in New York, Canela Media serves advertisers seeking authentic engagement with multicultural communities.

Supersocial

Seed Round in 2021
Supersocial, Inc. is an indie games studio based in Brooklyn, New York, founded in 2020. The company specializes in developing engaging and immersive games for the metaverse, starting with platforms like Roblox. Supersocial aims to create unique gaming experiences that foster online communities where players can socialize, explore, and engage in gameplay. With a focus on rapid development cycles, the studio combines innovative concepts with operational expertise to bring captivating virtual games to life.

Toya Pioneering Women

Seed Round in 2021
Toya is developing multilayer games for girls on a Minecraft platform. The playful learning experience enables girls to become the heroes while revealing the life stories of exceptional women.

Aviagames

Series B in 2021
AviaGames, founded in 2017, is a gaming studio that specializes in developing engaging and competitive mobile gaming applications focused on real-money skill games. Its flagship product, Pocket7Games, offers a diverse range of gaming categories, including casino, puzzle, action, card, math, and brain games, all integrated under a single membership and wallet system for a streamlined user experience. The company has quickly established itself in the gaming industry, achieving significant popularity with its innovative approach and leading monthly tournaments. Although currently concentrating on the U.S. market, AviaGames has plans for expansion into international markets, including the UK, to reach a broader audience.

ARENA

Seed Round in 2021
ARENA is a venture-backed startup focused on enhancing personal fitness through innovative design and engineering. The company develops and manufactures at-home training centers, combining advanced technology with user-friendly features to cater to individuals seeking to improve their strength and overall health. With a team of engineers and athletes, ARENA is dedicated to creating effective fitness solutions that empower users to achieve their health and wellness goals in a convenient setting.

Comunix

Series A in 2021
Comunix Ltd. is a social gaming company based in Tel Aviv-Yafo, Israel, established in 2018. The company specializes in the development of multiplayer mobile and desktop games, focusing on enhancing user interaction through advanced communication technologies. Its flagship games, Pokerface and Jungle Kings, allow players to connect and engage in gameplay via group video chat, fostering a seamless social experience. Comunix's mission is to revolutionize interactive gaming by integrating innovative features that promote human connection, enabling users to enjoy live play with friends and meet new players from around the globe. The company is backed by a team of experienced professionals from the technology and gaming sectors.

MasterClass

Series F in 2021
MasterClass is an online education platform that provides video-based courses across a diverse array of subjects, including arts, business, design, sports, and writing. The platform features lessons taught by renowned celebrities, athletes, and industry leaders, making high-quality education accessible to a broad audience. In addition to video instruction, MasterClass offers interactive exercises and supplementary course materials to enhance the learning experience. This approach allows users to develop their skills and knowledge, ultimately supporting their academic and professional growth.

Expectful

Seed Round in 2021
Expectful is a digital health and wellness platform focused on supporting women throughout their reproductive journey, including preconception, pregnancy, and postpartum stages. The platform offers a range of resources such as guided meditations, mindfulness exercises, and expert advice tailored to the unique needs of expectant and new mothers. By providing a non-pharmacologic and accessible approach to mental health, Expectful aims to reduce prenatal and postpartum stress, enhancing the overall well-being of both mothers and infants. The app is designed to make meditation easy and effective, helping users navigate the physical, mental, and emotional challenges associated with motherhood.

Podchaser

Series A in 2021
Podchaser LLC, established in 2016 and based in Louisville, Kentucky, operates a comprehensive podcast database platform designed for discovery and engagement. The company's service enables users to search, review, follow podcasts, creators, lists, and other users, providing personalized updates. It offers features like custom podcast lists, creator profile pages, episode ratings, and integrations with existing podcast players, fostering interaction between listeners and podcasters while expanding audience reach.

MasterClass

Series E in 2020
MasterClass is an online education platform that provides video-based courses across a diverse array of subjects, including arts, business, design, sports, and writing. The platform features lessons taught by renowned celebrities, athletes, and industry leaders, making high-quality education accessible to a broad audience. In addition to video instruction, MasterClass offers interactive exercises and supplementary course materials to enhance the learning experience. This approach allows users to develop their skills and knowledge, ultimately supporting their academic and professional growth.

The Athletic

Series D in 2020
The Athletic is an online media company founded in 2015 and headquartered in San Francisco, California. It operates a subscription-based platform dedicated to providing in-depth coverage of sports news, focusing on both local and national events. The service features a wide array of articles about various sports, including basketball and football, delivered by skilled journalists. The Athletic distinguishes itself by offering an ad-free experience, allowing subscribers to access authentic sports content without distractions such as pop-ups or auto-play videos. Through its comprehensive reporting and updates, the company aims to engage sports enthusiasts seeking detailed insights into their favorite teams and athletes.

QCode

Seed Round in 2019
QCode Media, Inc., established in 2019 and based in Los Angeles, California, operates as an audio production studio. It specializes in creating and distributing scripted and narrative stories, as well as fiction and talk shows, through its online platform. The company collaborates with creative talent and celebrities to develop franchises and focuses on producing original, engaging audio content.

Wondery

Series B in 2019
Wondery Inc. is a content producer and publisher based in West Hollywood, California, specializing in mobile and on-demand audio storytelling. Founded in 2016, the company focuses on creating and curating immersive podcasts that span various genres, including crime, love, mystery, and conspiracy. Wondery's portfolio features well-known programs such as Sword & Scale, Dirty John, and Business Wars, among others. The company aims to connect audiences to a diverse array of narratives while offering a platform for storytellers to gain exposure and advertising representation. Additionally, Wondery provides a mobile application that allows users to follow their favorite podcasts, discover new content, and organize it by channels.

The Athletic

Series C in 2019
The Athletic is an online media company founded in 2015 and headquartered in San Francisco, California. It operates a subscription-based platform dedicated to providing in-depth coverage of sports news, focusing on both local and national events. The service features a wide array of articles about various sports, including basketball and football, delivered by skilled journalists. The Athletic distinguishes itself by offering an ad-free experience, allowing subscribers to access authentic sports content without distractions such as pop-ups or auto-play videos. Through its comprehensive reporting and updates, the company aims to engage sports enthusiasts seeking detailed insights into their favorite teams and athletes.

Calm

Series B in 2019
Calm is a San Francisco-based company established in 2012, specializing in digital wellness products aimed at enhancing mental fitness and alleviating common mental health issues like anxiety, depression, insomnia, and stress. The company's flagship product is its meditation and relaxation app, which offers original audio content, stories, and programs to help users manage stress and improve overall well-being. Calm has been recognized for its impact, being named Apple's 2017 iPhone App of the Year and Google Play's Editors' Choice in 2018.

Endel

Seed Round in 2018
Endel is a cross-platform audio ecosystem that specializes in creating personalized, sound-based adaptive environments aimed at enhancing focus and relaxation. The company employs a core algorithm that incorporates elements such as circadian rhythms, pentatonic scales, and sound masking. By adapting to various inputs like time, weather, heart rate, and location, Endel's platform generates tailored soundscapes that help users improve their productivity and cognitive functions. Founded by a small team of artists, developers, and scientists, Endel has built on a foundation of previous digital projects, including the award-winning children's app series, BUBL. Established in 2018, Endel emerged from the Techstars Music Accelerator program.

Endel

Seed Round in 2018
Endel is a cross-platform audio ecosystem that specializes in creating personalized, sound-based adaptive environments aimed at enhancing focus and relaxation. The company employs a core algorithm that incorporates elements such as circadian rhythms, pentatonic scales, and sound masking. By adapting to various inputs like time, weather, heart rate, and location, Endel's platform generates tailored soundscapes that help users improve their productivity and cognitive functions. Founded by a small team of artists, developers, and scientists, Endel has built on a foundation of previous digital projects, including the award-winning children's app series, BUBL. Established in 2018, Endel emerged from the Techstars Music Accelerator program.
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