Golden
CrossCut Ventures

CrossCut Ventures

Crosscut is a seed-stage venture capital firm, partnering with early-stage founders to build high-growth tech companies.

Company Overview

Crosscut Ventures specializes in seed, startup, early and later venture investments. It prefers to invest in Los Angeles and Southern California. The firm primarily invests in companies in digital media field including online advertising, mobile, digital telecommunications, gaming and ESports, consumer Internet, business software, artificial intelligence, blockchain technologies, and e-commerce and the next-generation of infrastructure and analytics. 



CrossCut Ventures, launched in 2008, is a seed-stage venture capital firm founded by Brian Garrett and Rick Smith. The firm looks to invest between $250,000 and $750,000 in the equity of start-up companies that have the potential to achieve $50 - $100 million in revenue in the next five years. Their area of greatest interest is in digital media and the infrastructure and analytics associated with new media. Crosscut Ventures typically co-invests with other seed-stage funds or angel investors for a total initial raise of $1- 2 million.

History

Crosscut Ventures was founded in 2008 by Brett Brewer, Brian Garrett, and Rick Smith and is based in Venice, California.

Crosscut Ventures is a seed-stage venture capital firm in Los Angeles. The firm invests early in the equity of start-ups that have the potential to scale, disrupt, and build large markets. Crosscut is a catalyst for innovation, bringing expertise in technology and entrepreneurship to help founders build strong companies. Founded in LA, the firm has been committed to powering the entrepreneurship community in southern California.

Investments

Crosscut Ventures has made 97 investments. One of their investments was on Feb 20, 2019, when they invested $3.9M in Monarx, Inc. Crosscut Ventures has raised a total of $221M across four funds, one of them being CrossCut 4, L.P. This fund was announced on Dec 6, 2017, and raised a total of $125M.



Crosscut Ventures Management, LLC is a venture capital firm specializing in investments in seed and startups and growth capital. The firm primarily invests in companies in digital media field including online advertising, mobile, digital telecommunications, gaming and ESports, consumer Internet, business software, artificial intelligence, blockchain technologies, and e-commerce and the next-generation of infrastructure and analytics. It prefers to invest in Los Angeles and Southern California. It typically makes investments between $250,000 and $20 million in the equity of start-ups that have the potential to scale to $100 million or more in revenue. The firm typically co-invests with other seed-stage funds or angel investors for a total initial raise of $1 million to $2 million.

Timeline

February 20, 2019

Monarx, Inc.



 $3.9M.

December 6, 2017

CrossCut 4, L.P.



 $125M.

2008

CrossCut Ventures, launched in 2008, is a seed-stage venture capital firm founded by Brian Garrett and Rick Smith.

Associated investment funds

4 Results
Investment Fund
Investment Fund
Total offering (USD)
Total offering (USD)
Location
Location
Date signed
Date signed

Funded Companies

7 Results

People

Name
Role
LinkedIn

Adam Goldenberg

Employee



brett brewer

Employee



Brian Garrett

Employee



Clinton Foy

Employee



David Feldman

Investor



David Hernand

Investor



Dennis Phelps

Investor



Felix Jahn

Investor



John O'Hagan

Investor



Kris Bjornerud

Employee



Mark Mullen

Investor



Michael Marchetti

Investor



Rick Smith

Founder



Rouven Dresselhaus

Investor



Sarah Moret

Employee



Scott Morrow

Investor



Sean Trigony

Investor



Shawn Carpenter

Investor



Steve Hart

Investor



Vince Thompson

Investor



Warren Jason

Investor



Zaw Thet

Advisor



Further reading

Title
Author
Link
Type
Date









Documentaries, videos and podcasts

Title
Date
Link





Companies

Company
CEO
Location
Products/Services









References