Touchdown Ventures

Touchdown Ventures is a 'powered' corporate venture capital platform founded in 2014, with offices in the greater Los Angeles, Philadelphia and San Francisco Bay areas. Rather than investing solely from its own balance sheet, Touchdown establishes and manages venture capital programs on behalf of large corporations, aligning startup investments with each corporate partner's strategic priorities while offering portfolio companies operational guidance, board participation and access to corporate customers and partners. The firm has run roughly 20 corporate venturing funds for partners including AmerisourceBergen, Allegion, Avery Dennison, Bentley Systems, Colorcon, Kellogg's, Masco, Olympus, Tegna, T-Mobile and ScottsMiracle-Gro. It invests across stages from Seed to Series D, with a center of gravity around Series A, in US-based startups spanning enterprise applications, high tech, education, human capital, digital media, entertainment, retail, health and industrial technologies, typically as a co-investor. Since inception it has made on the order of 69 investments, producing two unicorns, Everlywell and Dialpad, three IPOs and 13 acquisitions, with notable companies including Dialpad, Tubi, Openpath and Everlywell. The firm was co-founded by CEO David Horowitz, formerly a managing director at Comcast Ventures, President Scott Lenet and Richard Grant, and employs a team of around 43 people including about 11 partners. In September 2024 Touchdown merged with wealth manager Cerity Partners and now operates as Cerity Partners Ventures. By building and running tailored venture programs for corporations, Touchdown connects large companies to startup innovation while delivering financial and strategic returns.