Cox Enterprises
6205 Peachtree Dunwoody Rd, Atlanta, GA, 30328, United States
Overview
Cox Enterprises is a communications, media, and automotive services company. With revenues of $18 billion and approximately 60,000 employees, the company's major operating subsidiaries include Cox Communications (cable television distribution, high-speed Internet access, telephone, home security, and automation, commercial telecommunications, and advertising solutions); Cox Automotive (automotive-related auctions, financial services, media, and software solutions); and Cox Media Group (television and radio stations, digital media, newspapers, and advertising sales rep firms). The company's major national brands include Autotrader, Kelley Blue Book, and Manheim. Through Cox Automotive, the company's international operations stretch across Asia, Australia, Europe, and Latin America.
- Total investments
- 49
- Lead investments
- 23
- Investments · 12mo
- 4
- Active investors
- 9
Sector focus
- Advertising
- Broadcasting
- Digital Media
- Telecommunications
Investment portfolio
- True Footage
Led · Series C · Apr 2026
True Footage builds a full-stack residential valuation solution combining proprietary software, data science, and in-house appraisal services, anchored by its flagship platform TrueTracts. The platform provides appraisers with market analysis, time and feature adjustments, trend insights, and AI-driven analytics designed to improve consistency, compliance, and efficiency. The company has processed millions of appraisals and employs hundreds of appraisers across 33 states, serving roughly 300 mortgage lenders including seven of the top ten U.S. lenders. Founded in 2021 and based in Austin, Texas, True Footage emphasizes integrating advanced analytics directly into the appraisal workflow rather than selling standalone tools. The company plans to expand its valuation services across major consumer brands, government entities, and the broader mortgage ecosystem while deepening integrations with other real estate technology platforms. Financially, True Footage has raised more than $105 million in total, including the recently announced $40 million Series C.
- Hermeus
Participated · Series C · Apr 2026
Hermeus develops hypersonic unmanned aircraft and pursues rapid prototyping and flight testing to accelerate aircraft maturation. The company has flown multiple demonstrators, including a recent demonstrator about the size of an F-16 and an earlier, smaller demonstrator, and is working on a third aircraft iteration aimed at supersonic performance. Hermeus shifted from developing an in-house engine to modifying Pratt & Whitney’s F100 engine via a relationship with RTX/Pratt & Whitney to speed testing and reduce technical risk. The startup is expanding manufacturing capabilities and hiring—its staff is approaching roughly 300 employees—to support hardware production and iterative builds. Financially, the company recently raised $200 million in equity and $150 million in debt, valuing it at $1 billion, to fund growth and continued flight-test programs.
- Bending Spoons
Participated · Equity · Nov 2025
Bending Spoons follows an acquisition-led strategy and focuses capital allocation primarily on acquiring and improving digital businesses. The company works to enhance acquired businesses’ operations, technology, product development, marketing and monetization and says acquisitions have been its primary focus for more than a decade. Its portfolio includes assets such as AOL, Brightcove, Eventbrite, Evernote, Harvest, komoot, Remini, StreamYard, Vimeo and WeTransfer. As of March 2026, Bending Spoons served more than 500 million monthly active users and had over nine million monthly paying customers. The company said it has never sold a material business and aims to maximize long-term value per share through disciplined deployment of capital, primarily via acquisitions.
- You.com
Led · Series C · Sep 2025
You.com is a Palo Alto, CA-based enterprise AI infrastructure company that offers an AI-powered, chat-first search and productivity platform. Led by Richard Socher and Bryan McCann, its assistant integrates real-time web search, multimodal AI capabilities, and customizable solutions for consumers and enterprises. The company processes over 1 billion queries monthly via its API for customers including DuckDuckGo, Windsurf, and Harvey across technology, e-commerce, financial services, media, manufacturing and hospitality. You.com raised $100M in a Series C at a $1.5B valuation, which it plans to use to expand operations and accelerate development efforts. The round was led by Cox Enterprises with participation from existing investors Georgian, Salesforce Ventures and Norwest. Its product and API positioning target both consumer productivity and enterprise deployments. You.com builds an AI search "productivity engine" focused on answering complex, research-style queries that require fetching and evaluating up-to-date documents. The product chains searches and retrievals, returning deep-linked citations that highlight relevant source text to improve traceability. The company relies on external LLMs (including Claude and ChatGPT) and tightly controls prompting to reduce hallucinations and ensure more reliable outputs. It also demonstrated a collaborative “multiplayer” workspace where multiple users can add documents, summarize, and query with shared visibility. Commercially, You.com says subscribers are five times higher than at the start of the year, some enterprise customers use the service millions of times per day, and unit economics for large enterprise deals are positive. CEO Richard Socher says the company is monetizing selectively and is preparing to scale. You.com builds an AI-driven search engine that uses models to understand queries, rank results, and analyze inputs in multiple languages, including programming languages. The company is developing multimodal search so users can add elements beyond text and receive richer, app‑style answers within a chat. Founder Richard Socher says the product can surface interactive apps (for example, a stock app) directly inside conversations rather than inventing information. You.com positions itself as an open, user‑focused alternative to Google, emphasizing apps and reduced advertising. The firm launched in late 2020 and is headquartered in Silicon Valley. The article does not disclose revenue or user metrics; it notes a $25M financing raised last year to advance product development. You.com bills itself as an open search engine that leverages natural language processing (NLP) to understand queries, rank results, and summarize content from across the web. The platform offers extensibility through built-in search apps so users can complete tasks without leaving the results page and can parse queries into different languages including programming languages. The company emphasizes user control and personalization, and it currently offers a “zero trace” incognito mode and an ad-free experience while committing not to sell personal information or run targeted, privacy-invading ads. You.com launched a public beta and says it will use recently raised funds for user growth, product development, and technology to scale the platform. Founded in 2020 by Richard Socher and Bryan McCann, the company has about 30 employees. The team positions You.com as a privacy-forward alternative to incumbent search engines and aims to give users and content creators more agency over first-page search results.
- Carbyne
Participated · Series D · Jul 2025
Carbyne builds a cloud-native APEX platform that embeds AI into 911 call handling, dispatch, resource coordination, and emergency decision-making. Its AI Suite is integrated across the platform rather than as bolt-on tools, trained on proprietary datasets generated from millions of emergency interactions. Over the past year the company reported triple-digit growth, including +477% year‑over‑year growth in APEX ARR and a +105% increase in APEX platform customers. Carbyne is deployed at nearly 300 sites worldwide across 23 U.S. states and six countries, with more than 7,000 calltakers using its platform. The company processes over 250 million data points annually and reports 99.999% call handling uptime. Carbyne plans to use new capital to expand R&D and engineering, deepen AI capabilities, scale operations globally, and pursue strategic partnerships and integrations. Carbyne provides cloud-native solutions for emergency response centers, enabling emergency contact centers and select enterprises to connect with callers and connected devices via secure channels without requiring a consumer app. Its unified platform delivers live, actionable data—including video, photos, geolocation—and AI-based features to streamline operations and improve transparency. The company offers Carbyne APEX, an i3-compliant unified emergency call management solution that consolidates AI and rich media data for call takers, and Carbyne Universe, an OTT solution that delivers AI-based and rich media functionality without disrupting existing contracts or infrastructure. Carbyne intends to use the new investment to expand operations and development efforts. Led by CEO Amir Elichai and based in New York City, the company is positioning its offerings for resale through AT&T. Carbyne provides cloud-based systems used by emergency services to handle medical, public-safety, transportation and other urgent calls, including its APEX platform used by customers such as the city of New Orleans. Its technology is installed in emergency response services that cover about 400 million people and handles roughly 150 million 911 calls annually, and the company says it is on track to cover 1 billion people by 2024. Carbyne aims to make contact-center workers more effective and less stressed by investing in tools like sentiment analysis and trauma detection and by capturing richer data from callers. The company plans to expand in the U.S., establish a partner program to pursue global opportunities (it does not sell directly), and increase R&D investment. Financially, Carbyne grew revenues 400% in the last year and has raised $56 million in a Series C that values the company around $400 million. The startup was founded in Israel (R&D remains there) and is now headquartered in New York; it is primarily active in the U.S. Carbyne provides a unified, cloud-native platform that enables emergency communication centers, first responders, citizens and governments to share live actionable data to improve operational efficiency and save lives. The company is expanding its cloud-native platform into the emergency health services market and introducing an instantly deployable platform for unified flow between callers, health-related call centers, first responders, nurses and hospitals. Carbyne plans to work with Global Medical Response to develop interactive communication solutions for health and medical sectors and to build new dedicated domestic resources. To scale operations in North America, Carbyne will relocate CTO and co-founder Alex Dizengoff from Tel Aviv to the United States to grow a North American R&D center. Global Medical Response’s COO Edward Van Horne will join Carbyne’s board of directors as part of the collaboration. Financially, the company has raised a total of $73 million since its launch in 2015. Carbyne offers a cloud-based platform for emergency services that surfaces richer caller data (location, video) and enables remote telemedicine to accelerate 911 and EMS responses. Its technology no longer requires users to install an app, having integrated third-party location services to connect callers directly. The company partners with public-health providers and firms such as CentralSquare and Global Medical Response and says it is on target to cover about 90% of the U.S. market. Usage and adoption grew strongly during the pandemic: Carbyne served 250 million people before COVID and now covers roughly 400 million people, launching a new implementation every 10 days since March. In the last nine months it provided about 155 million location points and 1.3 million minutes of video; revenues doubled starting in Q2 and then grew 160% in Q3 and Q4. Carbyne aims to serve some 1.5 billion people by 2023 as it expands its technology and market footprint.