News Corp
1211 Avenue of the Americas, New York, NY, 10036, United States
Overview
Dow Jones is a media and information services company that creates and distributes engaging content and other products and services. It operates a network of companies in the diversified media, news, education, and information services. The global, diversified media and information services company focuses on creating and distributing authoritative and engaging content to consumers throughout the world. It comprises businesses across a range of media, including news and information services, digital real estate services, book publishing, digital education, and sports programming, and pay-TV distribution.
- Total investments
- 9
- Lead investments
- 2
- Investments · 12mo
- 1
- Active investors
- 8
Sector focus
- Education
- Information Services
- News
- Publishing
Investment portfolio
- GC AI
Participated · Series B · Nov 2025
GC AI builds an AI platform tailored specifically for corporate legal departments, offering chat-based legal expertise, Microsoft Word redlining agents, and custom negotiation playbooks. More than 1,000 companies—including News Corp, Nextdoor, Skims, Liquid Death, Vercel, TIME Inc., and Zscaler—use the software, and the product records a 70 Net Promoter Score and 1.75 million prompts to date. The company jumped from $1 million to over $10 million in annual recurring revenue in under a year, averaging 23 % month-over-month growth in 2025. GC AI’s customers log in daily and collectively report an estimated 600,000 hours of legal work saved, as well as reduced outside-counsel spend and faster deal cycles. More than 5,000 legal professionals have completed the firm’s AI-prompting courses, driving adoption inside legal teams. Founded by three-time General Counsel Cecilia Ziniti and AI engineer Bardia Pourvakil, GC AI operates with a distributed team from a San Francisco base. The Series B valuation places the company at $555 million, and total capital raised now stands at $73 million, giving GC AI ample runway for continued product development and enterprise expansion.
- Hawke's Brewing
Participated · Equity · May 2024
Founded in 2017 in Sydney, Hawke's Brewing produces a range of craft beers that leverage the likeness and legacy of former Prime Minister Bob Hawke. The partnership with Hawke directs brand royalties to environmental nonprofit Landcare Australia, giving the label a strong social-impact angle. Since launch, the brewery has grown its presence in the Australian craft beer market and now seeks to accelerate brand awareness and distribution. To support this growth, the company has tapped non-traditional funding models that pair capital with high-value media exposure. The latest initiative is a media-for-equity transaction that will supply discounted advertising inventory across major Australian outlets. Access to this advertising is expected to boost consumer reach and drive sales without immediate cash outlays for marketing. No revenue, production, or user metrics were disclosed in the article.
- CTO
Participated · Equity · Jul 2021
Wimp 2 Warrior runs a mixed martial arts (MMA) gym program and is building a digital platform to increase engagement and participation. The business is rolling out platform technology across 140-plus participating gyms in nine countries, including Australia, the UK and the USA. The platform is being trialed by several gyms to drive customer acquisition and retention, with plans to launch B2C MMA fitness and training programs people can follow at home. CEO and co-founder Nick Langton said the pandemic prevented the business from reaching eight-figure revenue in 2020, and that new capital will accelerate technology development, global growth and senior hires. Former Winning Group tech executive James Fleet has signed on as chief technology officer to manage the global roll-out. Co-founder John Kavanagh says a W2W distribution strategy could add 30–40% to partner gyms' top-line revenue and help popularise MMA similarly to CrossFit.
- AppNexus
Led · Equity · Sep 2016
AppNexus operates a powerful, real-time decisioning platform that supports products for publishers to maximize yield and for marketers and agencies to harness data and machine learning to deliver customized campaigns. The company offers a full suite of advertising-technology products, including an SSP and Yieldex Analytics. AppNexus is headquartered in New York City and employs over 1,000 professionals across five continents. It recently entered a strategic partnership with News Corp that will make AppNexus' full suite available to several News Corp businesses, including Dow Jones, News UK and News Corp Australia. AppNexus also augments its existing relationship with Unruly; under that partnership buyers and sellers of outstream inventory can combine AppNexus' video buying platform with Unruly's UnrulyX SSP (70% of views delivered across comScore 500 sites). The company emphasized long-term innovation and digital expansion through strategic media partnerships. AppNexus has built a platform for buying and selling ads through real-time bidding. The company says 30 billion ad impressions are transacted on the platform each day and more than $1 billion in ad spend ran through the platform in 2013. AppNexus employs nearly 600 people. The company announced an additional $60M funding round (which could eventually reach $100M) at a $1.2B valuation. CEO Brian O'Kelley said AppNexus just saw its first profitable quarter and that recent weak public-market performance by ad-tech companies did not factor into the decision to raise capital. The new funding brings total capital invested in the company to just over $200M. AppNexus runs a real-time bidding platform that powers ad networks and programmatic advertising transactions. The company is led by co-founder and CEO Brian O’Kelley, who previously built the ad exchange platform at Right Media. AppNexus reported managing about $700 million of advertising spend in 2012 and said it nearly tripled its revenues that year. The business has grown to more than 400 employees across nine offices worldwide. The new funding was announced following what the company described as a successful year. AppNexus builds a realtime bidding platform and management tools that allow ad networks to interface with large display advertising exchanges. The service connects roughly 120 ad networks to exchanges such as Google Ad Exchange, Microsoft Media Network, Admeld, OpenX, and AdECN. The platform helps advertisers and networks optimize for metrics like cost-per-click and cost-per-impression. More than 4 billion ad impressions are served through AppNexus every day, up from zero two years prior. The company has rapidly grown headcount, increasing from about 23 employees at the start of the year to roughly 65. CEO Brian O’Kelley said the company has “gone crazy on the revenue side,” though he declined to disclose specific revenue figures. AppNexus is a New York City-based provider of a platform for buying real-time online advertising. Its core product gives buyers of online ads a proprietary gateway to leading ad exchanges and ad inventory aggregators. On October 11, 2009, the company announced it secured a $5 million equity financing. The round was led by existing investor Kodiak Venture Partners, with participation from current investors Venrock and First Round Capital. Proceeds will be used to continue expanding the business and to add top industry talent. The financing is intended to support growth of its real-time ad-buying platform.
- PropTiger
Led · Equity · Nov 2014
PropTiger.com leverages technology and data to guide customers through the entire home‑buying process including search, property identification, price negotiation, documentation, home‑loan facilitation and post‑sales services. The company has a presence in the major real estate markets in India and recently launched Data Labs services for institutions such as developers, private equity investors and banks to support better decision‑making. PropTiger.com is part of Singapore‑based parent Elara Technologies Pte Ltd. The business positions itself as an end‑to‑end online real estate marketing and transaction platform. In conjunction with its recent financing, the company strengthened ties with strategic media investor News Corp. The company was co‑founded in February 2011 by Dhruv Agarwala and Kartik Varma.