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Fund profile

F

Fitch Ventures (f/k/a Hearst Financial Venture Fund)

New York, United States

Leading

About

Hearst Ventures, established in 1995, is the corporate venture capital arm of Hearst Communications. Based in New York, it operates globally with offices in London, Beijing, and Tel-Aviv. Hearst Ventures has invested over $1 billion to date, making it one of the most active corporate venture funds. The firm focuses on early-stage investments in technology-driven businesses across various sectors, including media, information services, and technology. Notable portfolio companies include Via, a global provider of on-demand transit solutions; Roku, a leading streaming platform; and BuzzFeed, a prominent digital media company. Hearst Ventures has made a total of 199 investments and achieved 84 successful exits, including high-profile companies like Pandora and Brightcove. The leadership team at Hearst Ventures includes Kenneth Bronfin, Senior Managing Director and Head of International Investments; Scott English, Senior Managing Director and Head of U.S. Investments; and Darcy Frisch, Managing Director and Vice President. Their extensive experience and strategic guidance play a crucial role in driving the success of Hearst Ventures' portfolio companies.

Details

Average check

$1M-$3M
$3M-$10M

Round

Series A
Series B
Series C+

Previous Investments

Advertising & MarketingAI & Deep TechB2BCommunications & MessagingConsumer Goods & ElectronicsData & AnalyticsE-commerce & RetailEducationFashion & ApparelFintech & Financial servicesGamingHardware. Robotics & IoTHealthtech & WellnessHR & RecruitmentLegal & Professional servicesLifestyleMedia, Events & EntertainmentPharmaReal Estate & ProptechSecurity & PrivacySharing economySocial mediaSoftware & AppsSports & FitnessTransportation & MobilityTravel & TourismVR & AR

Geo focus

EuropeEast AsiaUSA

Highlights

$180M

Historical max check

April 2023

Last investment date

4

Investments

Sports & Fitness

AI & Deep Tech

Pharma

Advertising & Marketing

Fintech & Financial services

Education

Transportation & Mobility

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Contacts

Website

hearst.comfitch-group/financial-venture-fund

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