Advancit Capital: VC Firm in United States

Investor Type	VC Firm
Type of Fund	Venture Capital Fund
Industries	Software (Web Marketplace Saas..) • IT (& TMT) • Media • Businesses Solutions • Entertainment (& Sports) • HealthTech (& Fitness) • Blockchain (& Cryptos) • Gaming (& eSports) • Advertising • Healthcare (& Wellness) • Music • Online Social • Consumer
Stages	Pre-Seed, Seed, Series A, Series C, Series B
Investing	United States • United Kingdom • Canada • Germany • Spain
Investment Range	$500,000 - $1,000,000
Investment Sweet Spot	$750,000
Assets Under Management	$40,000,000

Who are the key investors at Advancit Capital?

Who co-invests with Advancit Capital?

What is Advancit Capital?

Advancit Capital is a venture firm based in Norwood, Massachusetts, United States, with a focus on investing in media, technology, and web3 startups.

They aim to partner with best-in-class entrepreneurs who are building the next generation of leading companies, particularly in the areas of Software (Web Marketplace SaaS, etc.), IT & TMT, Media, Business Solutions, Entertainment & Sports, HealthTech & Fitness, Blockchain & Cryptos, Gaming & eSports, Advertising, Healthcare & Wellness, and Online Social Consumer sectors.

Advancit Capital is known for their expertise in equity investments, with a minimum investment of $500,000, a maximum of $1,000,000, and a 'sweet spot' investment size of $750,000. Their specialties include supporting companies at the Pre-Seed, Seed, Series A, and Series C stages.

As an investment fund described as 'Other,' they manage approximately $40,000,000 in assets under management.

The firm provides not only capital to its portfolio companies but also offers access to a unique, deep network of industry relationships and strategic support designed to help accelerate growth.

Co-founded by media executive Shari Redstone, who carries extensive experience in media and digital industries, and Jason Ostheimer, who brings in his expertise from the finance sector, Advancit Capital stands out with a leadership team that has a combined broad range of industry knowledge.

Their senior advisor, Jonathan Miller, adds to the firm's depth with his experience in digital strategy and early-stage investments. By centering their investment philosophy on forming long-term partnerships with talented and passionate entrepreneurs focused on innovation and disruption, Advancit Capital seeks to contribute to the success of businesses that are addressing significant market opportunities.

What they say:

We are a capital firm supporting emerging businesses.

What we look for: We invest in early-stage companies at the intersection of media, entertainment, and technology.

Advancit Capital's investments on record

Knotch	$10,000,000.00	Series A
Fresco News	$1,200,000.00	Seed Round
Greatist	$3,500,000.00	Seed Round
WeShop	$4,300,000.00	Series A
OpenX	$10,000,000.00	Series C
Lookery	$900,000.00	Seed Round
Clickable	$3,000,000.00	Series A
Mahalo	$5,000,000.00	Series A
Sanctuary	$3,000,000.00	Seed