# Raine Ventures: portfolio, investments and team

> Raine Ventures is a vc firm based in United States. 97 investments on record, 18 in the last 12 months, latest Sept 2026.

Source: https://millionrounds.com/fund/raine-ventures (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# Raine Ventures

Last cheque observed Sep 2026; 97 cheques on record.

Deploying now New fund $94M, May 2026 VC firm

Pre-seed Seed Series A AI & Machine Learning Advertising (AdTech) Analytics

Deploying now

**90%** of best year **18** **cheques in 12 months**, 97 on record

Since the last cheque **32** days **00** hrs **00** min **00** sec

Median round **$30M** Cheque size, as they say **$100K – $10M** Rounds led **5 of 97** Sole investor **11 rounds** Exits **3 from the portfolio** Mostly in **United States, 79%**

Pitch Raine Ventures

## Raine Ventures highlights

- 01 18 cheques in the last 12 months
- 02 Mostly Series A and Seed: 55% of its rounds
- 03 Sole investor in 11 rounds, median $16M
- 04 3 exits from the portfolio

## What they do

> Filed 1 private fund offerings with the SEC, the most recent in 2025-01 From their own website

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** $100K – $10M as they say
- **Stages:** Pre-seed Seed Series A Series B Growth
- **Sectors:** AI & Machine Learning Advertising (AdTech) Analytics
- **Based in:** New York, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **97 appearances**

- **2026** 17 rounds
- **Sept** **[Nex](https://millionrounds.com/company/nex)** Series E · Crunchbase News **$150M** With 3 others
- **Sept** **[TopDog](https://millionrounds.com/company/topdog)** Seed · Boston Seed Capital **$2.5M** With 2 others
- **Sept** **[AfterQuery](https://millionrounds.com/company/afterquery)** Series B · US **$30M** With 3 others
- **Jun** **[General Intuition](https://millionrounds.com/company/general-intuition)** Series A · US · TechCrunch **$300M** With 7 others
- **Jun** **[Premier Lacrosse League](https://millionrounds.com/company/premier-lacrosse-league)** Series E · US **$100M** With 2 others
- **Jun** **[System1](https://millionrounds.com/company/system1)** Debt · US **$150M** Sole investor
- **May** **[Kohort](https://millionrounds.com/company/kohort)** Series A · GB **$7.0M** With 4 others
- **May** **[Dorian](https://millionrounds.com/company/dorian)** Crowdfunding · US **$131K** With 2 others
- **Apr** **[AfterQuery](https://millionrounds.com/company/afterquery)** US · AlleyWatch **$30M** With 3 others
- **Apr** **[Packz](https://millionrounds.com/company/packz)** Seed · US **$11M** With 3 others
- **Feb** **[Duetti](https://millionrounds.com/company/duetti)** Series C · US · AlleyWatch **$200M** *Led*
- **Feb** **[Hook](https://millionrounds.com/company/hook)** Series A · US **$16M** With 2 others
- **Feb** **[Propagate Content](https://millionrounds.com/company/propagate-content)** Growth · US **$50M** With 1 other
- **Jan** **[ZBD](https://millionrounds.com/company/zbd)** Series C · US · Ventureburn **$40M** With 3 others
- **Jan** **[General Intuition](https://millionrounds.com/company/general-intuition)** Venture · US **Undisclosed** With 4 others
- **Jan** **[Midnite](https://millionrounds.com/company/midnite)** Series C · GB **$35M** With 3 others
- **Jan** **[Duetti](https://millionrounds.com/company/duetti)** Debt · US **$150M** With 4 others
- **2025** 8 rounds
- **Dec** **[Xpoint](https://millionrounds.com/company/xpoint)** Venture · US **Undisclosed** With 1 other
- **Oct** **[General Intuition](https://millionrounds.com/company/general-intuition)** Seed · US · Silicon Canals **$134M** With 2 others
- **Oct** **[Cypher Games](https://millionrounds.com/company/cypher-games)** Series A · TR · Ventureburn **$30M** *Led*
- **Jul** **[Kaleidoscope](https://millionrounds.com/company/kaleidoscope)** Series A · US **$5.0M** Sole investor
- **Jun** **[Definely](https://millionrounds.com/company/definely)** Series B · GB · TechCrunch **$30M** With 4 others
- **May** **[Filed](https://millionrounds.com/company/filed)** Seed · US · TechCrunch **$17M** With 3 others
- **Mar** **[DraftKings](https://millionrounds.com/company/draftkings)** Debt · US **$600M** With 6 others
- **Feb** **[Voldex](https://millionrounds.com/company/voldex)** Venture · GB **Undisclosed** With 3 others
- **2024** 5 rounds
- **Oct** **[VOI Technology](https://millionrounds.com/company/voi-technology)** Debt · SE **$55M** With 4 others
- **Sept** **[Cypher Games](https://millionrounds.com/company/cypher-games)** Seed · US **$10M** With 3 others
- **Sept** **[Essor](https://millionrounds.com/company/essor)** Venture · FR **Undisclosed** With 5 others
- **Feb** **[Vatom](https://millionrounds.com/company/vatom)** Series B · US **$10M** With 2 others
- **Jan** **[TelevisaUnivision](https://millionrounds.com/company/televisaunivision)** Debt · US **$241M** With 1 other
- **2023** 5 rounds
- **Sept** **[VideoAmp](https://millionrounds.com/company/videoamp)** Growth · US **$150M** With 3 others
- **Jul** **[GenXComm](https://millionrounds.com/company/genxcomm)** Venture · US **$8.2M** With 3 others
- **Feb** **[Jackpocket](https://millionrounds.com/company/jackpocket)** Venture · US **Undisclosed** With 4 others
- **Jan** **[AC Momento](https://millionrounds.com/company/ac-momento)** Seed · US **$20M** With 4 others
- **Jan** **[Firebird](https://millionrounds.com/company/firebird)** Venture · US **Undisclosed** Sole investor
- **2022** 7 rounds
- **Sept** **[Sitetracker](https://millionrounds.com/company/sitetracker)** Series D · US **$66M** With 4 others
- **Aug** **[Reposite](https://millionrounds.com/company/reposite)** Series A · US **$7.5M** With 4 others
- **Aug** **[Fliff](https://millionrounds.com/company/fliff)** Venture · US **Undisclosed** With 2 others
- **Feb** **[Tripledot Studios](https://millionrounds.com/company/tripledot-studios)** Series B · GB **$116M** With 3 others
- **Feb** **[Reigning Champs](https://millionrounds.com/company/reigning-champs)** Series A · US **$16M** Sole investor

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **10 named**

AJ **Alfred Joseph Chianese** Officer and Director of the General Partner of the Issuer's Managing Member. i Filing they signed

AR **Angela Renee Risher** Chief Compliance Officer i Form ADV

BW **Brandon Wade Gardner** Officer and Director of the General Partner of the Issuer's Managing Member. i Filing they signed

GJ **Gordon J. Rubenstein** Managing Partner i Filing they signed

IW **Irene Willard** Officer of the General Partner i Filing they signed

JA **Jeffrey Alan Sine** Officer and Director of the General Partner of the Issuer's Managing Member. i Filing they signed

JA **Joseph A. Ravitch** Officer and Director of the General Partner of the Issuer's Managing Member. i Filing they signed

JA **Joseph Anthony Beyrouty** Chief Financial Officer - Management Company i Form ADV

PV **Peter Vassilev** Officer of the General Partner i Filing they signed

SE **Steven Edward Gannalo** Chief Financial Officer - Principal Business i Form ADV

We also hold **23** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**$2.8B** assets it manages Oct 2026

**Registered** investment adviser full reporting to the SEC

- **Legal name:** Raine Capital LLC
- **SEC number:** CRD 157939

Funds on its Form ADV

**36** private funds, **$5.2B** in gross assets · filed May 2024

- Raine Partners IV L.P. *Private equity* 125 investors $934M
- Raine Partners III L.P. *Private equity* 125 investors $880M
- Raine Partners II L.P. *Private equity* 121 investors $723M
- Raine Partners IV - AIV 1 L.P. *Private equity* 91 investors $561M
- Raine Partners III - AIV 1 L.P. *Private equity* 80 investors $528M
- Raine Partners III - AIV 2 L.P. *Private equity* 44 investors $279M
- Raine Venture Partners II L.P. *Private equity* 38 investors $205M
- Raine Partners IV - AIV 2 L.P. *Private equity* 33 investors $189M
- Raine Partners II (Cayman) L.P. *Private equity* 121 investors $172M
- Raine Gaming Fund L.P. *Private equity* 51 investors $128M

And 26 more on the filing.

## Exits from the portfolio

Companies it backed that were later bought or listed **3 in all**

**[AltspaceVR](https://millionrounds.com/company/altspacevr)** Bought by [Microsoft](https://millionrounds.com/fund/microsoft) **Undisclosed** Oct 2017

**[Rising Tide Games](https://millionrounds.com/company/rising-tide-games)** Bought by Zynga **Undisclosed** Sept 2015

**[Viki](https://millionrounds.com/company/viki)** Bought by [Rakuten](https://millionrounds.com/fund/rakuten) **$200M** Sept 2013

An exit counts when it came after the firm's first round in the company. From historical deal records.

New fund on file

**$94M**

raised in May 2026

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Pre-seed Seed Series A

Median round joined **$30M** the round, not its cheque Alone, median **$16M**

Led 5 of 97 rounds **5%**

- **Said size:** $100K – $10M
- **Sole investor:** 11 rounds
- **Last cheque:** Sept 2026
- **Exits:** 3 from the portfolio

Rounds by stage said on their site

- Series A said *24*
- Seed said *14*
- Series B said *13*
- Venture *10*
- Series C *8*
- Pre-seed said *-*
- Growth said *-*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Courtside Ventures](https://millionrounds.com/fund/courtside-ventures) 6
- [CrossCut Ventures](https://millionrounds.com/fund/crosscut-ventures) 6
- [General Catalyst](https://millionrounds.com/fund/general-catalyst) 6
- [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) 6
- [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) 5
- [Greycroft](https://millionrounds.com/fund/greycroft) 5

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## Who they invest alongside

The investors most often in the same rounds as Raine Ventures. A count of rooms they were both in, not a relationship either has claimed.

[**Courtside Ventures** VC firm **6** rounds together](https://millionrounds.com/fund/courtside-ventures)[**CrossCut Ventures** VC firm **6** rounds together](https://millionrounds.com/fund/crosscut-ventures)[**General Catalyst** VC firm **6** rounds together](https://millionrounds.com/fund/general-catalyst)[**Khosla Ventures** VC firm **6** rounds together](https://millionrounds.com/fund/khosla-ventures)[**Andreessen Horowitz** VC firm **5** rounds together](https://millionrounds.com/fund/andreessen-horowitz)[**Greycroft** VC firm **5** rounds together](https://millionrounds.com/fund/greycroft)[**Redpoint** VC firm **5** rounds together](https://millionrounds.com/fund/redpoint)[**Y Combinator** Accelerator **5** rounds together](https://millionrounds.com/fund/y-combinator)[**500 Global** Angel **4** rounds together](https://millionrounds.com/fund/500-startups)[**Comcast Ventures** Corporate VC **4** rounds together](https://millionrounds.com/fund/comcast-ventures)[**First Round Capital** VC firm **4** rounds together](https://millionrounds.com/fund/first-round-capital)[**Play Ventures** VC firm **4** rounds together](https://millionrounds.com/fund/play-ventures)

## Recently backed

The latest companies Raine Ventures put money into.

[**TopDog** $2.5M · Sept 2026](https://millionrounds.com/company/topdog)[**AfterQuery** $30M · Sept 2026](https://millionrounds.com/company/afterquery)[**General Intuition** $300M · Jun 2026](https://millionrounds.com/company/general-intuition)[**Premier Lacrosse League** $100M · Jun 2026](https://millionrounds.com/company/premier-lacrosse-league)[**Packz** $11M · Apr 2026](https://millionrounds.com/company/packz)[**Duetti** $200M · Feb 2026](https://millionrounds.com/company/duetti)

## Quick answers about Raine Ventures

### What does Raine Ventures invest in?

Raine Ventures invests most often at Series A and Seed (55% of the rounds on record), in sectors such as AI & Machine Learning, Advertising (AdTech) and Analytics.

### How active is Raine Ventures?

97 investments on record, 18 of them in the last 12 months, and it led 5. The most recent was in Sept 2026.

### What has Raine Ventures invested in recently?

Its most recent investments on record: Nex (Series E, Sept 2026), TopDog (Seed, Sept 2026) and AfterQuery (Series B, Sept 2026).

### How big are Raine Ventures's cheques?

The median round it joins is $30M. It says it writes cheques of $100K to $10M.

### Does Raine Ventures lead rounds?

Sometimes: it led 5 of its 97 investments on record (5%).

### Where does Raine Ventures invest?

Most of the companies it backs are in the United States (79%) and the United Kingdom (13%).

### Is Raine Ventures investing now?

Yes: it is actively investing, with 18 investments in the last 12 months.

### Who does Raine Ventures invest alongside?

Most often Courtside Ventures (6 rounds together), CrossCut Ventures (6 rounds together) and General Catalyst (6 rounds together).

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