Advancit Capital

Advancit Capital is a venture capital firm based in Norwood, Massachusetts, founded in 2011. It concentrates on early-stage investments in media, entertainment, web3 and technology, including software and technology-enabled services. The firm aims to form long-term partnerships with driven entrepreneurs and provides value-added resources and strategic industry guidance to help portfolio companies grow through critical growth stages.

Jason Ostheimer

Managing Partner

Past deals in Video on Demand

Wondery

Series B in 2019
Wondery Inc. is a content producer and publisher based in West Hollywood, California, specializing in mobile and on-demand audio storytelling. Founded in 2016, the company focuses on creating and curating immersive podcasts that span various genres, including crime, love, mystery, and conspiracy. Wondery's portfolio features well-known programs such as Sword & Scale, Dirty John, and Business Wars, among others. The company aims to connect audiences to a diverse array of narratives while offering a platform for storytellers to gain exposure and advertising representation. Additionally, Wondery provides a mobile application that allows users to follow their favorite podcasts, discover new content, and organize it by channels.

MasterClass

Series D in 2018
MasterClass is an online education platform that provides video-based courses across a diverse array of subjects, including arts, business, design, sports, and writing. The platform features lessons taught by renowned celebrities, athletes, and industry leaders, making high-quality education accessible to a broad audience. In addition to video instruction, MasterClass offers interactive exercises and supplementary course materials to enhance the learning experience. This approach allows users to develop their skills and knowledge, ultimately supporting their academic and professional growth.

MasterClass

Series B in 2016
MasterClass is an online education platform that provides video-based courses across a diverse array of subjects, including arts, business, design, sports, and writing. The platform features lessons taught by renowned celebrities, athletes, and industry leaders, making high-quality education accessible to a broad audience. In addition to video instruction, MasterClass offers interactive exercises and supplementary course materials to enhance the learning experience. This approach allows users to develop their skills and knowledge, ultimately supporting their academic and professional growth.

Indigenous Media

Seed Round in 2016
Indigenous Media is an operator of a studio designed to produce transformative content for all screens, including cinema and television as well as original digital material. In order to provide customers with access to the original material for their platforms, the company's studio creates scripted feature films in addition to original content for existing and developing platforms around the world.

MasterClass

Series A in 2015
MasterClass is an online education platform that provides video-based courses across a diverse array of subjects, including arts, business, design, sports, and writing. The platform features lessons taught by renowned celebrities, athletes, and industry leaders, making high-quality education accessible to a broad audience. In addition to video instruction, MasterClass offers interactive exercises and supplementary course materials to enhance the learning experience. This approach allows users to develop their skills and knowledge, ultimately supporting their academic and professional growth.

GoPoP

Seed Round in 2014
Zeega is a cloud-based platform to create and share interactive videos. It curates music, pictures, GIFs, and more from a range of websites to help its users create their own interactive and engaging stories. The platform allows its users to express themselves by combining personal moments with popular culture. Zeega was launched in 2013 and is based in San Francisco, California.

MasterClass

Seed Round in 2013
MasterClass is an online education platform that provides video-based courses across a diverse array of subjects, including arts, business, design, sports, and writing. The platform features lessons taught by renowned celebrities, athletes, and industry leaders, making high-quality education accessible to a broad audience. In addition to video instruction, MasterClass offers interactive exercises and supplementary course materials to enhance the learning experience. This approach allows users to develop their skills and knowledge, ultimately supporting their academic and professional growth.

Base79

Venture Round in 2012
Base79 is an international online media company specializing in video content, recognized as YouTube’s largest partner and multi-channel network outside North America. Established in 2007, the company, originally known as My Video Rights, has evolved to manage over 800 YouTube channels and collaborate with approximately 1,000 partners, including prominent entities like BBC Worldwide and Endemol’s Tiger Aspect. Base79 generates around 650 million views monthly on YouTube, leveraging its proprietary technology and media relationships to create innovative revenue opportunities for content creators and brands. With offices in major cities such as London, Los Angeles, and Sydney, Base79 is equipped with specialized advertising sales teams that work with global brands to enhance engagement through video content. The company's commitment to excellence is reflected in its YouTube Certified team and its recognition as a leading provider of original content on the platform.

Directr

Seed Round in 2012
Directr is a mobile application company that specializes in enabling users to create visually appealing movies directly on their smartphones. The app provides professional guidance on filmmaking, offering users step-by-step instructions on what to shoot and how to capture it effectively. Additionally, Directr allows users to personalize their creations by adding titles and music, facilitating a seamless editing process that synchronizes video clips automatically. This user-friendly approach makes it easy for individuals to produce shareable movies within minutes, enhancing the overall experience of mobile filmmaking.

Nettle

Seed Round in 2011
Nettle was a La Jolla, CA technology company that launched MovieGoer, a social/mobile/local app for moviegoers. The company was founded by Brian Dear (CEO) and Dan O'Neill (CTO) in late 2010. Investors included Google Ventures, Advancit Capital, and 500 Startups.
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