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    Cobalt Capital

    Santa Monica, California, United StatesFounded 2019
    cobalt.laLinkedIn
    ConsumerMedia & EntertainmentEnterprise Software

    Cobalt Capital (formerly Evolution Media) is a multi-stage venture capital firm based in Santa Monica, CA, that partners with technology-enabled companies solving real-world challenges across consumer, technology, content, and lifestyle sectors.

    They made 2 investments in the last 12 months. Average disclosed round size is $57.6M (across 37 rounds with reported amounts).

    Find people at Cobalt Capital on Goldilocks AI

    Portfolio

    30

    Fund Size

    $350M

    Top Stage

    Series C

    Last 12 Mo

    2

    Portfolio Breakdown

    Stage Distribution

    Sector Distribution

    Investment Activity

    DealsAvg Round Size

    Portfolio

    42 investments
    CompanyRoundAmountDate
    Parallel Systems logoParallel SystemsSeries C$100MOct 2026
    Handspring Health Inc. logoHandspring Health Inc.Series B$19MJul 2026
    HHavocSeries A$100MMay 2026
    Handspring Health Inc. logoHandspring Health Inc.Series A$12MJul 2025
    WEVR logoWEVRUnknown$3.5MJan 2024
    SpectrumAi logoSpectrumAiSeries A$20MJan 2023
    Genvid logoGenvidGrowth—Jul 2021
    Genvid logoGenvidSeries C$113MJul 2021
    GGenvid TechnologiesGrowth—Jul 2021
    GGenvid EntertainmentGrowth—Jul 2021
    Tonal logoTonalSeries E$250MMar 2021
    Genvid logoGenvidSeries C$113MJan 2021
    GGenvid EntertainmentSeries C$113MJan 2021
    Tonal logoTonalSeries E$250MJan 2021
    Cedar Gate Technologies logoCedar Gate TechnologiesUnknown—Dec 2020
    Mux logoMuxSeries C$37MAug 2020
    The Athletic logoThe AthleticSeries D$50MJan 2020
    Mux logoMuxSeries B$20MAug 2019
    Tonal logoTonalSeries C$45MApr 2019
    MasterClass logoMasterClassSeries D$80MSep 2018
    Genvid logoGenvidGrowth—Aug 2018
    ATTN: logoATTN:Unknown$15MJan 2018
    VVision EsportsUnknown$38MJan 2018
    iFlix logoiFlixSeed$90MMar 2017
    LLive.meUnknown$60MJan 2017
    Page 1 of 2

    Top Co-Investors

    Horizons Ventures8 shared
    Atreides Management8 shared
    Third Point Ventures8 shared
    NTT DOCOMO Ventures8 shared
    Valor Equity Partners8 shared
    Makers Fund7 shared
    XN7 shared
    Lux Capital7 shared
    OCA Ventures7 shared
    Galaxy Interactive7 shared
    B Capital4 shared
    Accel3 shared
    AARP3 shared
    L Catterton3 shared
    Sapphire Ventures3 shared
    Sky3 shared
    Elysian Park Ventures3 shared
    Samsung Venture Investment Corporation3 shared
    Y Combinator2 shared
    Battery Ventures2 shared

    Last updated: 20 October 2026