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Fund profile

Powerhouse Capital

Powerhouse Capital

Los Angeles, United States

Not leading

About

Powerhouse Capital is a Los Angeles-based venture capital firm dedicated to investing in technology-driven media opportunities across four main pillars: Sight (visual content), Sound (music and audio), Play (gaming and sports), and Live (the experience economy). Founded by industry veterans like Salim Mitha and Ian Doody, the firm specializes in backing early-stage and growth-stage companies within the media, entertainment, and sports sectors. Their portfolio includes high-profile investments in companies such as MasterClass, Wondery (acquired by Amazon), The Athletic (acquired by The New York Times), Epic! Kids (acquired by Byju's), and Scopely, a leader in mobile gaming. Powerhouse Capital's team brings extensive experience from media and finance backgrounds, enabling them to not only provide capital but also offer strategic guidance and deep industry networks. The firm's investment philosophy centers on partnering with talented management teams to build globally impactful media platforms. They focus on companies with strong growth potential that align with their expertise in the media, tech, and experience-driven economies. Powerhouse is committed to delivering long-term value to its portfolio companies, supporting them through various stages of growth.

Details

Average check

$0-$100K
$1M-$3M
$3M-$10M
$10M-$50M

Round

Seed
Series A
Private Equity Round

Previous Investments

Advertising & Marketing
Fintech & Financial services
Gaming
Media, Events & Entertainment
Other

Highlights

$16.2M

Historical average check

$300M

Historical max check

April 2024

Last investment date

23

Investments

Gaming

Media, Events & Entertainment

Advertising & Marketing

Fintech & Financial services

Other

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Website

powerhouse.vc

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