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.
Cheehoo is an AI-powered animation platform based in Los Angeles, California, aimed at enhancing and accelerating animation production for a diverse range of users, including artists, brands, and studios. Currently operating in stealth mode, Cheehoo leverages advanced artificial intelligence technology to streamline the animation creation process, making it more efficient and accessible to its clientele.
Lil Snack
Seed Round in 2024
Lil Snack is building a consumer platform for daily games! Our team has collectively built some of the most beloved gaming and digital entertainment experiences of the past decade. The company is headquartered in Los Angeles.
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 specializes in streaming short films, catering to individuals who want to enjoy cinematic experiences during brief intervals in their day. Positioned as a convenient option for busy users, Cineshort offers an extensive library of films that can be watched in short segments, ideal for moments like commuting. The platform not only enhances viewer engagement by providing personalized selections but also connects filmmakers with a broader audience, facilitating exposure and support through a revenue-sharing model. This dual focus allows Cineshort to promote creative works while ensuring that filmmakers can sustain their projects financially.
GAMURS Group
Series A in 2022
The GAMURS Group is the leading esports media network shaping the future of gaming. We strive to inform, entertain, and educate the global gaming community through our content and services.
SuperTeam Games
Seed Round in 2022
SuperTeam Games is a developer focused on creating online sports games that leverage blockchain technology. The company aims to innovate traditional sports gaming by offering unique gameplay experiences that prioritize teamwork and feature fast-paced 7v7 action. Its games are designed to be cross-platform, allowing players to engage with friends regardless of the device they use. By emphasizing fun and accessibility, SuperTeam Games seeks to provide a fresh perspective on the sports gaming genre.
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, Inc. is a digital media company based in New York that connects brands with multicultural audiences, particularly through its free streaming service, Canela.TV. Established in 2019, the company provides a comprehensive ecosystem for advertisers, offering video and display solutions, branded content, and influencer marketing. Canela Media specializes in analyzing brands' social media presence and identifying relevant influencers to enhance their visibility and engagement within diverse communities. The company focuses on delivering Latino-centric movies and TV entertainment across multiple platforms, helping clients forge meaningful and culturally relevant connections with the evolving mainstream market in the United States.
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 immersive games for the metaverse, with an initial focus on platforms like Roblox. Supersocial aims to create engaging gaming experiences that foster social interaction and community building among players. By leveraging rapid development cycles and offering support in terms of capital and operational expertise, the studio is dedicated to bringing innovative game concepts to fruition, enabling gamers to connect, explore, and socialize in vibrant virtual environments.
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, specializes in developing engaging mobile gaming applications that emphasize fair competition through a sophisticated algorithm. The company operates a gaming studio that publishes real-money skill-based games, including various genres such as casino, puzzle, action, card, math, and brain games. Its flagship product, Pocket7Games, consolidates these diverse gaming categories under a single membership and wallet system, allowing players to transition smoothly between different games. AviaGames has quickly established itself in the gaming industry, achieving significant popularity with top rankings on the App Store and leading in monthly tournaments. While currently focused on the U.S. market, the company plans to expand into other regions, including the UK, in the near future.
ARENA
Seed Round in 2021
ARENA is a venture-backed startup focused on creating innovative solutions for at-home fitness. The company comprises a team of engineers and athletes committed to enhancing strength and health through its unique training platforms. ARENA designs and manufactures specialized equipment aimed at improving the efficiency and effectiveness of personal training at home, leveraging advanced engineering principles to deliver high-quality fitness solutions.
Comunix
Series A in 2021
Comunix Ltd. is a social gaming company based in Tel Aviv-Yafo, Israel, founded in 2018. The company specializes in developing multiplayer mobile and desktop games that emphasize human connection through innovative communication technologies. Comunix's platform enables users to engage in face-to-face interactions via group video chat while playing games. Its flagship titles, Pokerface and Jungle Kings, have garnered a significant user base, allowing players to enjoy live gameplay with friends and foster new connections. By integrating video, voice, and messaging capabilities, Comunix aims to enhance the social gaming experience and redefine how players interact in online environments.
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, specifically before, during, and after pregnancy. The app offers a range of resources, including guided meditations, mindfulness exercises, and expert advice tailored to the needs of expectant and new mothers. By providing a non-pharmacologic and accessible solution, Expectful aims to alleviate prenatal and postpartum stress, ultimately enhancing maternal and infant health outcomes. Its research-backed approach ensures that users receive effective tools to navigate the mental and emotional challenges associated with pregnancy and early 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, that specializes in providing in-depth sports coverage through a subscription-based platform. The company offers a web-based service that delivers comprehensive articles and updates on a range of sports, including basketball and football, without advertisements, pop-ups, or auto-play videos. This approach allows users to access authentic sports news and insights from skilled local and national journalists, creating a focused and immersive experience for sports enthusiasts.
QCode
Seed Round in 2019
QCode is an audio production studio that specializes in originating and innovating stories in the audio format. The company collaborates with creative talent and celebrities to develop franchises, emphasizing original narrative storytelling. By focusing on audio representation, QCode aims to deliver unique and engaging fictional audio content, providing users with access to compelling stories crafted through this medium.
Wondery
Series B in 2019
Wondery Inc., founded in 2016 and based in West Hollywood, California, is a content producer and publisher specializing in immersive audio storytelling. The company focuses on creating and curating original podcasts across various genres, including crime, love, mystery, and history. Notable titles in its portfolio include Sword & Scale, Dirty John, and Business Wars, among others. By offering a mobile application, Wondery enables users to follow their favorite podcasts, discover new content, and organize it by channels. The network aims to connect storytellers with audiences, providing a platform for increased exposure and advertising opportunities in the realm of on-demand audio entertainment.
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 company that specializes in creating personalized soundscapes aimed at enhancing focus and relaxation. Their platform employs a unique algorithm that integrates various inputs, such as time, weather, heart rate, and location, to generate adaptive sound environments. The use of circadian rhythms, pentatonic scales, and sound masking techniques allows users to tailor their auditory experience to improve productivity and cognitive function. Founded by a small team of artists, developers, and scientists, Endel has previously collaborated on notable digital projects, including an award-winning app series for children. The company emerged from the 2018 Techstars Music Accelerator program, emphasizing its innovative approach to audio solutions.
Endel
Seed Round in 2018
Endel is a company that specializes in creating personalized soundscapes aimed at enhancing focus and relaxation. Their platform employs a unique algorithm that integrates various inputs, such as time, weather, heart rate, and location, to generate adaptive sound environments. The use of circadian rhythms, pentatonic scales, and sound masking techniques allows users to tailor their auditory experience to improve productivity and cognitive function. Founded by a small team of artists, developers, and scientists, Endel has previously collaborated on notable digital projects, including an award-winning app series for children. The company emerged from the 2018 Techstars Music Accelerator program, emphasizing its innovative approach to audio solutions.
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