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The Venture Codex

Raine Ventures

One Lombard Street, Suite 300, San Francisco, CA, 94111, United States

Overview

Raine Ventures is an early stage fund managed by The Raine Group. The firm has offices in San Francisco, New York, Los Angeles, London and Shanghai. With a global reach, Raine focuses on investment and advisory opportunities where its deep industry experience and unique network of strategic relationships can create value for portfolio companies and clients.

Total investments
98
Lead investments
42
Investments · 12mo
9
Active investors
10

Sector focus

  • Funding Platform
  • Impact Investing
  • Venture Capital
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Investment portfolio

  • Uncensored

    Led · Equity · Jun 2026

    Uncensored began as Piers Morgan's YouTube channel and has grown into a talent-driven media company producing multiple audio and video programs and live events. Its current programming includes shows such as History Uncensored, World Cup Uncensored, and The Royals Uncensored, and the company's YouTube channel has 4.43 million subscribers. The company has distribution partnerships with Paramount UK/Channel 5 and a co-production and distribution arrangement with Time Studios for a new long-form interview series. Following a $27 million raise that values the business at $145 million, Uncensored plans to scale its slate of channels, launch subscription products, expand live events, and pursue international expansion through a content licensing deal with Antenna. Leadership cited in the coverage includes founder Piers Morgan and CEO Rashida Jones, and the company says the new capital will turbocharge its growth and diversification of revenue streams.

  • Kohort

    Led · Series A · May 2026

    Kohort builds an ML-based predictive analytics platform for decision-makers in gaming and consumer sectors, led by CEO Dan Marcus. Its flagship product, Ktrl, generates network-specific bidding strategies and targets for campaigns, supporting ROAS, CPI, and CPE/CPA campaign types and integrating directly with ad networks. Kohort’s agent suite focuses on campaign optimization, deep research (cross-referencing studio historical data and benchmarks), and automated reporting to keep teams aligned. The company benchmarks performance against roughly $1 billion in annual spend flowing through its platform. With the new Series A funding, Kohort plans to further develop and expand its agent suite capabilities. The business emphasizes integration with ad networks to drive campaigns toward 100% ROAS.

  • AfterQuery

    Participated · Series A · Apr 2026

    AfterQuery builds datasets and reinforcement learning environments that translate subject-matter expert reasoning into encoded patterns used by leading AI labs and enterprises. Founded in January 2025 by Spencer Mateega and Carlos Georgescu, the company works with nearly 100,000 verified practicing professionals across domains such as finance, software engineering, medicine, and law. AfterQuery reports it has surpassed a $100 million annual revenue run rate and has supported every leading AI lab since launch. The company offers tailored research and custom data creation for enterprise AI tool implementation and evaluation. Following its Series A, AfterQuery plans to expand its expert network, deepen domain coverage, and hire across operations, engineering, and research while further developing its enterprise solutions business.

  • Packz

    Participated · Equity · Apr 2026

    Packz operates a gamified collectibles marketplace that lets thousands of users open digital packs daily to pull rare trading cards which can be shipped to collectors or sold back instantly. In its first six months since selling its first pack, Packz reported approximately $8.1M in packs opened in the most recent month, growing 76% month-over-month, and has delivered thousands of cards. The company is a small, fully in-person team based in NYC led by founders Rahul Khatti and Balazs. Packz is scaling operations and hiring across engineering and design, offering base salaries up to $300K plus meaningful equity. Public statements emphasize rapid user and revenue growth but do not disclose profitability, historical funding rounds, or detailed financials.

  • Duetti

    Led · Series C · Jan 2026

    Founded in 2022, Duetti partners with independent artists, songwriters, and other music creators to unlock the value of their music catalogs through flexible capital solutions and operational support. The company acquires portions of master recording and publishing rights and then boosts catalog performance through playlisting, remix production, sync licensing, and customized marketing programs. To date, Duetti has worked with more than 1,100 creators across 40+ countries and now closes 80+ catalog deals each month—over 2.5× its pace a year ago. Its 65-person team operates across New York City, Los Angeles, Miami, Nashville, London, and Rio de Janeiro. The firm maintains a playlist network of 3,000+ playlists with 5+ million followers and releases 60+ remixes per quarter, supporting over 200 tailored artist marketing programs in 2025. Including the latest raise, Duetti has secured more than $635 million in funding, with over $100 million of that in equity, enabling continued expansion of its technology, marketing services, and global footprint.

Team