Smash Ventures, operating as a later-stage venture capital fund managed by Smash Capital, focuses its investments on the information technology, consumer products, and services sectors. The firm's strategy involves partnering with leading storytellers and creative talent to provide them with advantages in content, distribution, promotion, marketing, and intellectual property licensing.
33% of their portfolio is in AI. Average disclosed round size is $348.9M (across 17 rounds with reported amounts).
Portfolio
18
Fund Size
$2.5B
Top Stage
Growth
Last 12 Mo
5
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
18 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 ElevenLabs | Series D | $500M | Feb 2026 |
 Stream | Series D | $90M | Jan 2026 |
 Flatpay | Growth | $145M | Nov 2025 |
| Flatpay | Growth | $169M | Nov 2025 |
 Wagestream | Unknown | — | May 2025 |
| ElevenLabs | Series C | $180M | Jan 2025 |
| RRead AI | Series B | $50M | Oct 2024 |
| OOvoko | Series B | $20M | Sep 2024 |
| ElevenLabs | Series D | $460M | Aug 2024 |
 Pearl | Series C | $58M | Jul 2024 |
| ElevenLabs | Series B | $73M | Jan 2024 |
 Leonardo.Ai | Series B | $31M | Dec 2023 |
 Lanes & Planes | Series B | $33.2M | Oct 2023 |
 Coda Payments | Growth | $690M | Apr 2022 |
| Wagestream | Series C | $175M | Apr 2022 |
 Fever | Growth | $227M | Jan 2022 |
 Epic Games | Growth | $1.3B | Oct 2018 |
| Epic Games | Growth | $1.8B | — |
Top Co-Investors
Lightspeed Venture Partners4 shared
Sequoia Capital4 shared
Andreessen Horowitz4 shared
Iconiq Capital4 shared
BlackRock3 shared
NFDG3 shared
Valor Equity Partners3 shared
BroadLight Capital3 shared
Balderton Capital3 shared
Northzone3 shared
KKR2 shared
AVP2 shared
Dawn Capital2 shared
Evantic2 shared
BOND2 shared
SV Angel2 shared
Fair by Design2 shared
British Business Bank2 shared
Goodwater Capital2 shared
Sony1 shared
Last updated: 8 March 2026