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Powerhouse Capital

North America, California, United States, Los Angeles

Description

Powerhouse Capital is a Los Angeles-based venture capital firm established in 2018, specializing in early to growth-stage investments across the technology, media, entertainment, and interactive gaming sectors. The firm positions itself at the intersection of content, technology, and consumer engagement, seeking out innovative companies that are shaping the future of these dynamic industries. With a strategic focus on the evolving digital landscape, Powerhouse Capital aims to back founders who are building disruptive platforms and experiences.

The firm typically invests across Seed, Series A, and Series B rounds, demonstrating flexibility in its entry points depending on the maturity and capital needs of its portfolio companies. Powerhouse Capital has successfully raised two funds, with Fund I closing at $50 million in 2020 and Fund II also at $50 million in 2022, bringing their total assets under management to approximately $100 million. While specific check sizes can vary based on the stage and opportunity, Powerhouse Capital's initial investments generally range from $500,000 for Seed-stage companies up to $7 million for later-stage Series B rounds, reflecting their commitment to providing meaningful capital to their portfolio.

Powerhouse Capital's investment thesis emphasizes companies that leverage technology to create compelling content, enhance user experiences, or build robust digital ecosystems. Their portfolio includes over 20 investments, featuring companies that span various facets of their target sectors, from gaming studios and content platforms to consumer-facing applications and enabling technologies. The firm is known for its hands-on approach, offering strategic guidance and leveraging its extensive network within the media and entertainment industries to support the growth and scaling of its portfolio companies. This collaborative model underscores their commitment to not just financial investment, but also operational partnership.

Investor Profile

Powerhouse Capital has backed more than 23 startups, with 0 new investments in the last 12 months alone. The firm has led 1 rounds, about 4% of its total and boasts 4 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series B rounds (top funding stages).
  • Majority of deals are located in United States, Israel, Germany.
  • Strong thematic focus on Gaming, Media and Entertainment, Audio.
  • Typical check size: $500K – $7M.

Stage Focus

  • Seed (48%)
  • Series A (17%)
  • Series B (13%)
  • Series F (4%)
  • Private Equity (4%)
  • Series D (4%)
  • Series E (4%)
  • Series C (4%)

Country Focus

  • United States (78%)
  • Israel (9%)
  • Germany (4%)
  • Canada (4%)
  • Australia (4%)

Industry Focus

  • Gaming
  • Media And Entertainment
  • Audio
  • Digital Media
  • Wellness
  • Video Games
  • Edtech
  • Sports
  • Mobile
  • Music
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Powerhouse Capital frequently co-invest with?

Advancit Capital
North America, Massachusetts, United States, Norwood
Co-Investments: 2
01 Advisors
North America, California, United States, San Francisco
Co-Investments: 2
Waverley Capital
North America, California, United States, Palo Alto
Co-Investments: 2
Atomico
Europe, England, United Kingdom, London
Co-Investments: 2
Greycroft
North America, New York, United States, New York
Co-Investments: 2
IVP
North America, California, United States, Menlo Park
Co-Investments: 2
Andreessen Horowitz
North America, California, United States, Menlo Park
Co-Investments: 2
Alumni Ventures
North America, New Hampshire, United States, Manchester
Co-Investments: 2
Lerer Hippeau
North America, New York, United States, New York
Co-Investments: 2
Fidelity
North America, Massachusetts, United States, Boston
Co-Investments: 2

Which angels does Powerhouse Capital often collaborate with?

BR
North America, California, United States, Los Angeles
Shared Deals: 1
ME
North America, California, United States, Beverly Hills
Shared Deals: 1
EP
North America, California, United States, San Francisco
Shared Deals: 1
EM
North America, New York, United States, New York
Shared Deals: 1
CS
North America, California, United States, Palo Alto
Shared Deals: 1
BM
North America, Texas, United States, Austin
Shared Deals: 1
SS
North America, Texas, United States, New Boston
Shared Deals: 1
NC
North America, United States
Shared Deals: 1
AM
North America, California, United States, San Francisco
Shared Deals: 1
SK
North America, California, United States, Santa Monica
Shared Deals: 1

What are some of recent deals done by Powerhouse Capital?

Lil Snack

Los Angeles, California, United States

Lil Snack is developing the daily games consumer platform.They has collectively built some of the most beloved gaming experiences.

Consumer Lending
SeedApr 2, 2024
Amount Raised: $3,100,000
Betty

Toronto, Ontario, Canada

Betty is a mobile gaming entertainment company that develops the intersection of casual mobile gaming and real money online casinos.

CasinoGamingMedia and Entertainment
SeedJan 25, 2024
Amount Raised: $3,708,970
Closing Theory

Austin, Texas, United States

Closing Theory is a studio for mobile game development.

Media and EntertainmentMobile AppsOnline GamesVideo Games
SeedJul 24, 2023
Amount Raised: $2,300,000
Cineshort

Sheridan, Wyoming, United States

Cineshort App is a new-generation streaming platform for curating, promoting, and monetizing unique short films and series.

Media and EntertainmentVideo Streaming
SeedOct 28, 2022
GAMURS Group

Beaconsfield, New South Wales, Australia

The GAMURS Group is the leading esports media network shaping the future of gaming.

eSports
Series AOct 5, 2022
Amount Raised: $12,000,000
SuperTeam Games

San Jose, California, United States

SuperTeam Games is is creating a new breed of sports games.

GamingSports
SeedJun 9, 2022
Amount Raised: $10,000,000
Recurrent Ventures

Miami, Florida, United States

Recurrent is an innovative digital media company that helps brands to grow, and connect with consumers.

AdvertisingDigital MediaMedia and Entertainment
Private EquityMay 18, 2022
Amount Raised: $300,000,000
Canela Media

New York, New York, United States

Canela Media operates as a digital media company.

AdvertisingAudioDigital MediaMarketing
Series AFeb 24, 2022
Amount Raised: $32,000,000
Supersocial

Brooklyn, New York, United States

Supersocial is an indie games studio focused on creating insanely fun games for the metaverse, starting with Roblox.

Developer PlatformGamingMetaverseSocial Network
SeedSep 24, 2021
Amount Raised: $5,200,000
Toya Pioneering Women

Tel Aviv, Tel Aviv, Israel

Toya Pioneering Women develops multi-layer games for girls on a Minecraft platform.

E-LearningEdiscoveryEdTechGaming
SeedSep 8, 2021
Amount Raised: $4,000,000