WndrCo is a holding company based in Los Angeles, California, and San Francisco, California focused on investing in, acquiring, developing, and operating consumer technology and digital media businesses. The company was founded in 2017 by Ann Daly (for president of DreamWorks Animation), Sujay Jaswa (former CFO of DropBox), and Jeffrey Katzenberg. Jeffrey Katzenberg formed WndrCo after exiting DreamWorks Animation Studio after it was purchased by Comcast, and is going to be modeling WndrCo after Barry Diller's IAC.
On June 26, 2017, WndrCo completed raising funds for their first investment fund. The company raised a total of $591.5 million in capital. The fund will be used to invest in consumer technology and digital media businesses. The capital came from 18 undisclosed investors that had a minimum investment from outside investors of $25 million.
WndrCo has made a total of 21 investments and lead 5 investment rounds as of July 2019. The investment rounds lead by WndrCo were in the following companies: Nami ML, Tinkergarten, AnchorFree, The Infatuation, and Mixcloud.
Timeline
Further Resources
Jeffrey Katzenberg Raises $600 Million for New Venture, WndrCo
Natalie Jarvey
Web
January 26, 2017
The Infatuation raises $30M from Jeffrey Katzenberg's WndrCo to bring Zagat into the digital age
Kate Clark
Web
September 27, 2018