CV Catalyst Fund

The CV Catalyst Fund, also known as the Comcast Ventures Catalyst Fund, was established in 2018 as a dedicated initiative to address the funding gap for underrepresented founders in the technology sector. Operating in partnership with Comcast Ventures, the fund was initially capitalized with $20 million, specifically earmarked for early-stage technology startups led by women and people of color. Its creation underscored Comcast's commitment to fostering diversity and inclusion within the startup ecosystem, leveraging the resources and strategic insights of one of the nation's largest media and technology companies.

The fund primarily targets Seed and Series A rounds, focusing on companies that align with Comcast's strategic interests, though not exclusively. Its investment thesis centers on identifying promising technology ventures across various sectors, including media, entertainment, connectivity, and enterprise solutions, where diverse leadership can bring unique perspectives and drive innovation. The typical initial check size for the CV Catalyst Fund ranges from $250,000 to $1 million, providing crucial early capital to help these startups scale their operations and develop their products.

Beyond financial investment, the CV Catalyst Fund aims to provide portfolio companies with access to Comcast's extensive network, mentorship opportunities, and potential strategic partnerships. This includes connections to the Comcast NBCUniversal LIFT Labs Accelerator, offering founders a pathway to further resources and corporate engagement. By focusing on underrepresented founders, the fund not only seeks financial returns but also strives to create a more equitable and inclusive technology landscape, recognizing that diverse teams often lead to stronger, more resilient businesses and innovative solutions. This strategic approach positions the CV Catalyst Fund as a significant player in promoting diversity within venture capital.