Company: Powerhouse Capital
Description: Powerhouse Capital is a venture fund based in Los Angeles, specifically dedicated to exploring global investment opportunities in technology sectors related to media, entertainment, and interactive gaming. The firm is committed to forging connections within this dynamic ecosystem, creating what they refer to as "The Gateway to LA." By fostering relationships between innovative companies, talented teams, and groundbreaking ideas, Powerhouse Capital aims to catalyze growth and development in the industry.
Focusing on investment in direct-to-consumer platforms driven by data, Powerhouse Capital operates under the belief that these platforms will be the primary sources of accelerated value creation throughout the upcoming cycles of global investment. The company's investment strategy is built upon four key pillars of the media ecosystem: i) Sight, encompassing visual content; ii) Sound, which includes audio, music, and podcasting; iii) Play, focusing on gaming, sports, and esports; and iv) Live, pertaining to the experience economy.
Founded in 2019 by industry veterans from Evolution Media—a platform that invests in collaboration with TPG and CAA—Powerhouse Capital brings a wealth of experience to the table. The team possesses extensive operational, investment, and board-level expertise across these important sectors. This rich background enables Powerhouse Capital to adopt a focused and distinctive approach when it comes to identifying opportunities for value creation, further establishing the firm as a significant player in the venture capital and private equity landscape.
Industry: Venture Capital and Private Equity
Founded: 2019
Location: Los Angeles, CA
Address: Los Angeles, CA 90401, US
Size: 2-10 employees