Comcast Ventures

Venture Capital

Overview

Based in San Francisco Comcast Ventures is a private Venture Capital affiliate of Comcast Corporation. The firm looks to invest in innovative technologies with big business potential. Generally Comcast Ventures look to commit $2m-$15m in their initial investment and will invest in early and late stage funding rounds.

Country: United States

Founded: 1999

Headquarters: One Kearny Building, 23 Geary Street, 10th Floor, San Francisco, CA 94108

www.comcastventures.com/

Investment Strategy

Geography

Africa
North America

Sector Focus

Payments and Remittances
Infrastructure and Enterprise Software

Investment Stage

Seed
Early Stage Venture
Later Stage Venture
Series A
Series B
Series C
Series D

Summary

Comcast Ventures aim to turn startups with the potential to change the way people work and interact, into profitable businesses. Mainly investing in advertising, consumer, enterprise & infrastructure companies, Comcast Ventures looks for companies with an innovative idea, defensible technology and a solid team. Within the FinTech Sector the firm has invested in companies focusing on enterprise & infrastructure software, marketplace lending and InsurTech companies.

The firm initially invests between $2m and $15m in their portfolio companies. They generally look to lead the financing round and will invest at any point from seed to late stage venture.

Investments

Date

Name

Size

Round

Co-Investors

Sector

Country

May 2017

Bunker

$6m

Series A

Omidyar Network

InsurTech

United States

April 2017

College Ave Student Loans

$30m

Series D

Leading Edge Ventures

Marketplace Lending

United States

December 2016

Paystack

$1.3m

Seed

Tencent

Singularity Investments , Spark , M&S Partners , Tokyo Founders Fund , Blue Rinc capital , Pave Investments , KIBS-CFY Partners , Michael Siebel , Justin Kan , Olumide Soyombo , Leonard Stiegeler

Payments & Remittances

Nigeria

October 2016