Phoenix Capital Ventures (PCV)

Phoenix Capital Ventures (PCV) is an early-stage venture capital firm focusing on companies within the sports, gaming, human performance, and media industries. Leveraging over 35 years of industry experience, PCV partners with entrepreneurs to build industry-leading companies. Their investment strategy involves supporting businesses through both capital and strategic guidance, helping them scale and achieve market leadership. PCV has built an impressive portfolio, backing a range of innovative companies like Prize Picks, a popular daily fantasy sports platform, Flexia, a connected fitness company in the Pilates space, and Ghost, a sports and gaming performance brand. The firm also has a strong track record of successful exits, including companies like THUUZ and Manifest Pharmacy. Headquartered in Atlanta, PCV is led by founder and managing partner Andrew Steinberg and managing director Adam Lewites. They are supported by a diverse team of advisors, including professionals with expertise in sports, healthcare, and business development. This extensive network allows PCV to provide unique insights and resources to their portfolio companies, helping them navigate challenges and seize growth opportunities. PCV typically invests at the seed and Series A stages, offering both financial and operational support to companies that align with their vision of innovation and industry disruption. Their approach emphasizes building strong, long-term partnerships with founders to drive sustainable growth in emerging markets​.