Raine
Venture capitalNew York · Seed–Late Stage · 1 people tracked
Also known as Raine Capital Llc
Investment thesis
Raine combines strategic advisory, capital, and a global network to support both established industry leaders and emerging disruptors. It manages growth equity and venture capital strategies focused on four core verticals — sports, content, music, and gaming — as well as their intersections, supported by specialized teams in advertising, commerce, and technology. Raine believes these sectors will continue to see strong top-line growth driven by globalization and secular technology shifts, positioning its investment strategies to benefit from these trends. The firm leverages its industry expertise and network to guide portfolio companies toward maximizing growth opportunities.
Source: firm website, verified Aug 25, 2026.
Team · 1 people
from public directories
What they invest in
from 1 of 1 portfolio companiesConsumer ×1EdTech ×1SaaS ×1
Investments · 1 tracked
founders shown can be your intro pathPerlego operates a subscription digital library of more than 1.5 million academic and non-fiction ebooks, offering study tools such as an app, smart search, and citation features.
ConsumerEdTechSaaS
Co-investorsEvli Growth PartnersFounders FactoryFounders Factory NYKPN VenturesRedbus VenturesACE & Company
Portfolio news
latest coverage across their companiesPerlego · trysignalbase.com · Oct 16, 2025
Fund performance · per public LP disclosures · 4
as of Jun 2025| Fund | Vintage | Committed | Net IRR | TVPI | DPI |
|---|---|---|---|---|---|
| Raine Partners IVLPs: New York City Employees' Retirement System, Teachers' Retirement System of the City of New York, New York City Police Pension Fund | 2022 | — | — | 1.11x | 1.11x |
| Raine Partners IV, L.P.LPs: New Mexico Educational Retirement Board, New York City Employees' Retirement System, Teachers' Retirement System of the City of New York +3 more | 2022 | — | 8.3% | 1.11x | 0.00x |
| Raine Partners IIILPs: New Mexico Educational Retirement Board, New York City Police Pension Fund, New York City Board of Education Retirement System | 2018 | — | 1.2% | 1.05x | 0.06x |
| Raine Partners IILPs: New York City Police Pension Fund, New York City Board of Education Retirement System | 2014 | — | 24.2% | 2.95x | 2.29x |
Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).
Frequently asked questions
- What stage does Raine invest at?
- Raine invests at the Seed, Series A, Series B, Growth, Late Stage stages.
- What sectors does Raine focus on?
- Raine focuses on AI & Machine Learning, Consumer, Gaming, Media & Entertainment, Sports Tech, Wellness & Fitness.
- Where is Raine located?
- Raine is headquartered in New York, US.
Images
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