The Raine Group

The Raine Group is a growth capital investment firm founded in 2009 and headquartered in New York City, with additional offices in San Francisco, Los Angeles, Hong Kong, London, Mumbai, Paris, Shanghai, and Singapore. The firm specializes in providing advisory and investment services in high-growth sectors such as technology, media, entertainment, sports, lifestyle, and information technology. With a focus on leveraging its extensive industry experience and strategic relationships, The Raine Group aims to create value for its portfolio companies and clients. The firm primarily invests in companies across the United States, Europe, and Asia, utilizing growth capital as its preferred investment approach.

Naveen Asopa

Managing Director

Michael Branch

Senior Vice President, Portfolio Partnerships

Avidha Chakrabarti

Associate

Fred Davis

Partner

James Dolan

Associate

Christopher Donini

Partner

Courtney Favreau

Partner

Brandon Gardner

Partner, Co-Founder President and COO

Garrett Gomes

Managing Director

Garrett Gomes

Managing Director

Brooks Hansen

Managing Director

Erik Hodge

Partner

Dara Leung

Managing Director

Kevin Linker

Managing Partner, Raine Next-Gen Communications

Yingcun Luo

Managing Director

Mark Mager

Managing Director

Judy McLellan

Managing Director

Gaurav Mehta

Partner and Head - India

Colin Neville

Partner

Jessica Payne

Managing Director

Jonathan Pflug

Managing Director

Joe Puthenveetil

Managing Director

Peter Randaccio

Vice President

Joseph Ravitch

Co-Founder and Partner

Todd Rosoff

Partner

Ben Ross

Associate

Gordon Rubenstein

Managing Partner, Raine Ventures

John Salter

Partner and Co-Founder

Jason Schretter

Partner / Head of EMEA

Jeff Sine

Co-Founder / Partner

Jeffery Sine JD

Co-Founder and Partner

Jake Vachal

Managing Director

Brett Varsov

Partner

Sherri Williams

Managing Director

Past deals in Publishing

Perlego

Venture Round in 2024
Perlego is an online subscription service that provides access to a vast library of textbooks and non-fiction titles. Founded in 2016 and headquartered in London, it partners with over 3,000 publishers to offer users unlimited access to more than 650,000 eBooks and publications. The service aims to make learning more accessible and affordable for students around the world by allowing them to access essential academic and professional reading materials through a monthly subscription fee.

Perlego

Series B in 2022
Perlego is an online subscription service that provides access to a vast library of textbooks and non-fiction titles. Founded in 2016 and headquartered in London, it partners with over 3,000 publishers to offer users unlimited access to more than 650,000 eBooks and publications. The service aims to make learning more accessible and affordable for students around the world by allowing them to access essential academic and professional reading materials through a monthly subscription fee.

Carry1st

Series A in 2022
Carry1st is a mobile games publisher focused on social games and interactive content, primarily in frontier markets like Africa. Founded in 2018 by Cordel Robbin-Coker, Lucy Hoffman, and Tino Mundangepfupfu, the company has assembled a diverse team of 29 professionals from 14 countries, drawing talent from notable organizations such as Carlyle, King, and Jumia. Carry1st offers a comprehensive platform for game developers that includes publishing, distribution, localization, user acquisition, marketing, customer experience, and monetization services. This approach enables developers to collaborate with global content owners and tap into previously underserved markets. The company has successfully raised over $10 million in funding, including a recent $7 million Series A led by prominent investors such as Riot Games and Konvoy Ventures. The funds will be utilized to enhance its existing game portfolio, foster new partnerships with international gaming studios, and expand its workforce.

Carry1st

Series A in 2021
Carry1st is a mobile games publisher focused on social games and interactive content, primarily in frontier markets like Africa. Founded in 2018 by Cordel Robbin-Coker, Lucy Hoffman, and Tino Mundangepfupfu, the company has assembled a diverse team of 29 professionals from 14 countries, drawing talent from notable organizations such as Carlyle, King, and Jumia. Carry1st offers a comprehensive platform for game developers that includes publishing, distribution, localization, user acquisition, marketing, customer experience, and monetization services. This approach enables developers to collaborate with global content owners and tap into previously underserved markets. The company has successfully raised over $10 million in funding, including a recent $7 million Series A led by prominent investors such as Riot Games and Konvoy Ventures. The funds will be utilized to enhance its existing game portfolio, foster new partnerships with international gaming studios, and expand its workforce.

Moonbug

Venture Round in 2020
Moonbug is a global entertainment company that creates and distributes inspiring and engaging stories to expand kids’ worlds and minds. Founded in 2018, with offices in London and Los Angeles, Moonbug creates, produces and publishes thousands of minutes of video and audio content every month with the goal of teaching compassion, empathy and resilience to kids around the world.

Mitosis Games

Venture Round in 2020
Mitosis Games is a collective of game-creation superheroes who have produced top-grossing mobile games in companies ranging from large to small. Our core values are passion, respect, and flexibility, and we have tried to build a culture that exemplifies those values.

Moonbug

Series A in 2018
Moonbug is a global entertainment company that creates and distributes inspiring and engaging stories to expand kids’ worlds and minds. Founded in 2018, with offices in London and Los Angeles, Moonbug creates, produces and publishes thousands of minutes of video and audio content every month with the goal of teaching compassion, empathy and resilience to kids around the world.

Propagate Content

Venture Round in 2018
Propagate Content is an independent content creation company located in Los Angeles, California. The company specializes in the development, production, and distribution of diverse programming that encompasses a wide range of genres. Its offerings include premium scripted series, long-form content, unscripted programming, and various formats, which are designed for broadcast, cable, digital, and emerging platforms around the world. By focusing on compelling storytelling, Propagate aims to create engaging content that resonates with audiences across multiple viewing platforms.

System1

Private Equity Round in 2017
We use our best-in-class technology platform and marketing capabilities to build and grow brands and businesses in three areas: Publishing, Search and Applications & Services.

HowStuffWorks

Series A in 2017
HowStuffWorks, LLC, founded in 1998 and based in Atlanta, Georgia, operates a website that offers informative articles, podcasts, and videos explaining various topics, including science, technology, culture, health, and lifestyle. The company is recognized as a leading publisher of entertaining and educational podcast content, with a library exceeding 6,000 podcasts and over 1 billion downloads. It is home to popular brands such as Stuff You Should Know and Stuff You Missed in History Class, appealing to a highly engaged audience across multiple platforms. In addition to its digital content, HowStuffWorks runs an online store selling branded merchandise, including apparel and accessories. As of December 31, 2016, HowStuffWorks operates as a subsidiary of OpenMail, LLC.

VICE Media

Venture Round in 2011
Vice Media is a global youth media company that produces a wide range of content across various platforms, including print, online, television, and film. Founded in 1994 by Gavin McInnes, Shane Smith, and Suroosh Alvi, the company has its headquarters in Brooklyn, New York. Vice Media specializes in topics such as music, fashion, travel, sports, technology, and social issues, often focusing on investigative journalism and culturally relevant narratives. It publishes a magazine and offers digital content through videos and original programming, aiming to engage and inform a young audience. Additionally, Vice Media provides magazine subscriptions, books, and DVDs through its online store, further expanding its reach in the media landscape.

Jagex

Private Equity Round in 2011
Jagex Ltd. is an independent developer and publisher of online games, headquartered in Cambridge, United Kingdom. Founded in 2000, the company specializes in creating free-to-play online games, including massively multiplayer online role-playing games (MMORPGs) and titles across various genres such as strategy and action. Jagex has developed and self-published over 40 games, with some becoming globally popular among players. As of 2016, Jagex operates as a subsidiary of Shanghai Hongtou Network Technology Co., Ltd., continuing to focus on delivering community-driven gaming experiences to users worldwide.
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