Advancit Capital

Advancit Capital is a venture capital firm founded in 2011, focusing on early-stage investments in media, technology, and web3 startups. Co-founded by Shari Redstone and Jason Ostheimer, the firm leverages its deep industry relationships and strategic support to help accelerate the growth of its portfolio companies. Advancit Capital's notable investments include The Athletic, an online sports media company; Headspace, a provider of guided meditation and mindfulness training; and Thrive Global, a platform for mental well-being coaching. They also have investments in Public, a multi-asset investment platform, and Mux, a video performance monitoring platform. The firm has a portfolio of over 100 companies and has seen several successful exits, including the acquisitions of Wondery, a podcast streaming platform, and Mic, a media company targeting millennials. With a strong emphasis on forming long-term partnerships, Advancit Capital continues to support innovative startups addressing large opportunities ripe for disruption.