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Hearst Ventures is a global venture capital firm that is a unit of Hearst Communications. It was founded in 1995 in the Greater New York Area. Hearst Communications is one of US’s largest diversified media and information companies.
Through the years, it has made strategic investments in companies that focus on media, information and technology. Since it invested in Netscape in 1995, Hearst Ventures has grown to become one of the most active and successful corporate venture companies.
Hearst Ventures is a global investment group with offices in NYC, London, Beijing and Tel-Aviv. Notable investments include Via Transportation, Buzzfeed, Roku, Sling Media, HootSuite, Brightcove, E Ink, Pandora, and XM Satellite Radio. It has more than $1 billion invested as of 2019.
Hearst Financial Venture Fund is a New York-based company that works with Fitch Group to make investments. The fund generally invests in start-ups that utilize artificial intelligence and machine learning. Its stated goal is to create a network of companies that can build upon one another.Hearst Financial Venture Fund has made three investments in Series A and Series B funding rounds since its founding. The investments were in the industries of business-to-business software, investment software, and financial software.