# Third Wave Digital: portfolio, investments and team

> Third Wave Digital is a vc firm based in United States. 41 investments on record, latest Dec 2016. Portfolio, stages, co-investors and team.

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

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

# Third Wave Digital

Last cheque observed Dec 2016. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Email

Quiet New fund $50K, Nov 2018 VC firm

Pre-seed Seed Series A Digital Media Technology

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Cheques on record

**0%** of best year **0** **cheques in 12 months**, 41 on record

Since the last cheque **3613** days **00** hrs **00** min **00** sec

Median round **$25M** Rounds led **0 of 41** Sole investor **4 rounds** Exits **4 from the portfolio** Mostly in **United States, 97%**

Pitch Third Wave Digital

## Third Wave Digital highlights

- 01 41 rounds on record
- 02 Mostly Seed and Venture: 73% of its rounds
- 03 Sole investor in 4 rounds, median $250K
- 04 4 exits from the portfolio

## What they do

> Venture Capital for Digital Media From their own website

- **Type:** VC firm
- **Cheque size:** Not stated
- **Stages:** Pre-seed Seed Series A
- **Sectors:** Digital Media Technology
- **Based in:** Beverly Hills, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **41 appearances**

- **2016** 2 rounds
- **Dec** **[Pluto TV](https://millionrounds.com/company/pluto-tv)** **$30M** With 27 others
- **May** **[Wevr](https://millionrounds.com/company/wevr)** **$20M** With 26 others
- **2015** 16 rounds
- **Nov** **[VideoAmp](https://millionrounds.com/company/videoamp)** Series A · US **$15M** With 7 others
- **Oct** **[EverSport Media](https://millionrounds.com/company/eversport-media)** Series A · US **$4.2M** With 2 others
- **Aug** **[Sportle](https://millionrounds.com/company/sportle)** Seed **Undisclosed** Sole investor
- **Jun** **[Ninja Metrics](https://millionrounds.com/company/ninja-metrics)** Series B · US **$2.9M** With 1 other
- **Apr** **[TopFan](https://millionrounds.com/company/topfan)** Series A **Undisclosed** With 2 others
- **Apr** **[Tubular Labs](https://millionrounds.com/company/tubular-labs)** Series B · US **$6.6M** With 2 others
- **Apr** **[Ferris](https://millionrounds.com/company/ferris)** Seed · US **$2.0M** With 5 others
- **Mar** **[Vrideo](https://millionrounds.com/company/vrideo)** Seed · US **$1.8M** With 11 others
- **Mar** **[BOOMiO Music](https://millionrounds.com/company/boomio-music)** Debt · US **$75K** Sole investor
- **Feb** **[Fabric](https://millionrounds.com/company/fabric)** Seed · US **$1.5M** With 1 other
- **Feb** **[StarMaker Interactive](https://millionrounds.com/company/starmaker-interactive)** Series B · US **$6.4M** With 8 others
- **Feb** **[MiTu Network](https://millionrounds.com/company/mitu-network)** Series B · US **$5.0M** With 4 others
- **Jan** **[The League](https://millionrounds.com/company/the-league)** Seed · US **$2.1M** With 12 others
- **Jan** **[Videoink](https://millionrounds.com/company/videoink)** Seed · US **Undisclosed** With 1 other
- **Jan** **[MobLabs](https://millionrounds.com/company/moblabs)** Seed · US **$1.5M** With 1 other
- **Jan** **[Naritiv](https://millionrounds.com/company/naritiv)** Seed · US **$1.2M** With 18 others
- **2014** 18 rounds
- **Dec** **[Battlefy](https://millionrounds.com/company/battlefy)** Seed · CA **$2.0M** With 7 others
- **Dec** **[ALL DAY MEDIA](https://millionrounds.com/company/all-day-media)** Seed · US **$2.0M** With 10 others
- **Dec** **[VideoAmp](https://millionrounds.com/company/videoamp)** Seed · US **$2.2M** With 8 others
- **Dec** **[Sportle](https://millionrounds.com/company/sportle)** Seed **Undisclosed** Sole investor
- **Dec** **[Smiletime](https://millionrounds.com/company/smiletime)** Seed · US **Undisclosed** With 7 others
- **Nov** **[Overdog](https://millionrounds.com/company/overdog)** Venture · US **$1.8M** With 6 others
- **Nov** **[The Mighty](https://millionrounds.com/company/the-mighty)** Seed **Undisclosed** With 2 others
- **Oct** **[AirMedia](https://millionrounds.com/company/airmedia)** Seed · US **$2.0M** With 5 others
- **Oct** **[Pluto TV](https://millionrounds.com/company/pluto-tv)** Seed · US **$500K** With 5 others
- **Oct** **[Jukin Media](https://millionrounds.com/company/jukin-media)** Venture · US **$1.0M** With 2 others
- **Sept** **[Hello Giggles](https://millionrounds.com/company/hello-giggles)** Seed · US **$1.2M** With 5 others
- **Jul** **[WemoLab](https://millionrounds.com/company/wemolab)** Venture · US **$2.7M** With 2 others
- **Jun** **[Tastemade](https://millionrounds.com/company/tastemade)** Series C · US **$25M** With 5 others
- **Jun** **[Vessel](https://millionrounds.com/company/vessel)** Series A · US **$75M** With 3 others
- **Jun** **[FameBit](https://millionrounds.com/company/famebit)** Seed · US **$1.5M** With 4 others
- **Jun** **[DoneBy](https://millionrounds.com/company/doneby)** **$630K** With 3 others
- **May** **[Digitour Media](https://millionrounds.com/company/digitour-media)** Seed · US **$2.0M** With 7 others
- **Jan** **[Gbox by OnCircle, Inc.](https://millionrounds.com/company/gbox-by-oncircle-inc)** Seed · US **Undisclosed** With 9 others
- **2013** 3 rounds
- **Oct** **[DanceOn](https://millionrounds.com/company/danceon)** Venture · US · techcrunch.com **$4.0M** With 3 others
- **Aug** **[EverSport Media](https://millionrounds.com/company/eversport-media)** Seed · US **Undisclosed** With 2 others
- **Apr** **[Takes](https://millionrounds.com/company/takes)** Venture · US **$250K** With 1 other
- **2012** 1 round
- **Dec** **[IROCKE](https://millionrounds.com/company/irocke)** Seed · US **$425K** 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 **3 named**

JR **John R. Fazio** General Manager of Third Wave Capital LLC (a General Manager) i Filing they signed

KA **Kenneth A. Armstrong** General Manager of Elevate Ventures, Ltd. (a General Manager) i Filing they signed

SR **Shane R. Fleury** General Manager of Elevate Ventures, Ltd. (a General Manager) i Filing they signed

We also hold **5** 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.

## Exits from the portfolio

Companies it backed that were later bought or listed **4 in all**

**[Fabric](https://millionrounds.com/company/fabric)** Bought by [Google](https://millionrounds.com/fund/google-assistant-investments) **Undisclosed** Jan 2017

**[FameBit](https://millionrounds.com/company/famebit)** Bought by [Google](https://millionrounds.com/fund/google-assistant-investments) **Undisclosed** Oct 2016

**[Hello Giggles](https://millionrounds.com/company/hello-giggles)** Bought by [Time Inc.](https://millionrounds.com/fund/time-inc) **$30M** Oct 2015

**[Vessel](https://millionrounds.com/company/vessel)** Bought by [Marketo](https://millionrounds.com/fund/marketo) **Undisclosed** May 2015

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

New fund on file

**$50K**

raised in Nov 2018

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 **$25M** the round, not its cheque Alone, median **$250K**

Led 0 of 41 rounds **0%**

- **Sole investor:** 4 rounds
- **Last cheque:** Dec 2016
- **Exits:** 4 from the portfolio

Rounds by stage said on their site

- Seed said *22*
- Venture *5*
- Series A said *4*
- Series B *4*
- Debt *2*
- Pre-seed said *-*

Cheques by year Led Joined

2011 2016

Often in the room with

- [Allen DeBevoise](https://millionrounds.com/fund/allen-debevoise) 15
- [QueensBridge Venture Partners](https://millionrounds.com/fund/queensbridge-venture-partners) 4
- [Daher Capital](https://millionrounds.com/fund/daher-capital) 3
- [Manatt Venture Fund](https://millionrounds.com/fund/manatt-venture-fund) 3
- [Upfront Ventures](https://millionrounds.com/fund/upfront-ventures) 3
- [Wavemaker Partners](https://millionrounds.com/fund/wavemaker-partners-3) 3

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## Who they invest alongside

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

[**Allen DeBevoise** Angel **15** rounds together](https://millionrounds.com/fund/allen-debevoise)[**QueensBridge Venture Partners** VC firm **4** rounds together](https://millionrounds.com/fund/queensbridge-venture-partners)[**Daher Capital** Family office **3** rounds together](https://millionrounds.com/fund/daher-capital)[**Manatt Venture Fund** Corporate VC **3** rounds together](https://millionrounds.com/fund/manatt-venture-fund)[**Upfront Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/upfront-ventures)[**Wavemaker Partners** VC firm **3** rounds together](https://millionrounds.com/fund/wavemaker-partners-3)[**500 Global** Angel **2** rounds together](https://millionrounds.com/fund/500-startups)[**AMC Networks** Corporate VC **2** rounds together](https://millionrounds.com/fund/amc-networks)[**Anthem Venture Partners** VC firm **2** rounds together](https://millionrounds.com/fund/anthem-ventures-fund-lp)[**BDMI** Corporate VC **2** rounds together](https://millionrounds.com/fund/1745-ventures)[**Boldstart Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/boldstart-ventures)[**Chicago Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/chicago-ventures)

## Recently backed

The latest companies Third Wave Digital put money into.

[**Pluto TV** $30M · Dec 2016](https://millionrounds.com/company/pluto-tv)

## Quick answers about Third Wave Digital

### What does Third Wave Digital invest in?

Third Wave Digital invests most often at Seed and Venture (73% of the rounds on record), in sectors such as Digital Media and Technology.

### How active is Third Wave Digital?

41 investments on record, 0 of them in the last 12 months. The most recent was in Dec 2016.

### What has Third Wave Digital invested in recently?

Its most recent investments on record: Pluto TV (Dec 2016) and Wevr (May 2016).

### How big are Third Wave Digital's cheques?

The median round it joins is $25M.

### Does Third Wave Digital lead rounds?

Rarely, if at all: none of its 41 investments on record names it as the lead.

### Where does Third Wave Digital invest?

Most of the companies it backs are in the United States (97%).

### Is Third Wave Digital investing now?

No investments in the last 12 months; the latest was in Dec 2016.

### Who does Third Wave Digital invest alongside?

Most often Allen DeBevoise (15 rounds together), QueensBridge Venture Partners (4 rounds together) and Daher Capital (3 rounds together).

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