Advance Publications is a private, family-held holding and investment company owned by the Newhouse family, founded in 1922. It owns and invests in a diversified portfolio across media, entertainment, technology, communications, and education, including Condé Nast, Advance Local, and other media properties.
Average disclosed round size is $42.8M (across 13 rounds with reported amounts).
Portfolio
13
Fund Size
—
Top Stage
Series B
Last 12 Mo
0
Team
BL
Barbara Lupo, CFP
Director Investment Management
WM
Winston Meade
Executive Vice President, Strategic Investments & Acquisitions
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
15 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 JOOR | Series B | $25M | Oct 2023 |
 Stackwell | Seed | $3.5M | Aug 2022 |
 Rent the Runway | Series E | $125M | Jan 2019 |
| Rent the Runway | Series D | $60M | Dec 2016 |
 Unified | Series B | $30M | Sep 2015 |
 Backplane | Series A | — | Jan 2015 |
 Bloomboard | Series A | $5M | Jan 2015 |
 Digitour | Seed | — | Jan 2014 |
 Compass | Series B | $40M | Jan 2014 |
| Rent the Runway | Series C | $4.4M | Mar 2013 |
 Visible Measures | Unknown | $21.5M | Jan 2012 |
 Gigya | Unknown | $25M | — |
 EVERFI | Growth | $190M | — |
 Above Average | Unknown | $15M | — |
 IfOnly | Series A | $12M | — |
Top Co-Investors
Bain Capital Ventures3 shared
Fidelity Investments3 shared
Advance Venture Partners3 shared
TCV2 shared
DAG Ventures2 shared
Allen & Company LLC2 shared
Founders Fund2 shared
Battery Ventures2 shared
American Express Ventures2 shared
Scale Venture Partners1 shared
CMFG Ventures Discovery Fund1 shared
Nexus Venture Partners1 shared
Service Provider Capital1 shared
Vertex Pharmaceuticals1 shared
SE Ventures1 shared
Strategic Development Fund1 shared
Major League Baseball Ventures1 shared
The Kraft Group1 shared
iHeartMedia1 shared
Upfront Ventures1 shared
Last updated: 7 October 2026