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. Deal activity decreased year-over-year (3 deals in the last 12 months vs 5 prior). Average disclosed round size is $251.6M (across 14 rounds with reported amounts).
Portfolio
15
Fund Size
$2.5B
Top Stage
Series B
Last 12 Mo
3
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
15 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Stream | Series D | $90M | Jan 2026 |
 Flatpay | Growth | $145M | 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 | $500M | 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 |
Top Co-Investors
Sequoia Capital3 shared
Andreessen Horowitz3 shared
Iconiq Capital3 shared
BroadLight Capital3 shared
Balderton Capital3 shared
Northzone3 shared
Valor Equity Partners2 shared
NFDG2 shared
Lightspeed Venture Partners2 shared
SV Angel2 shared
Fair by Design2 shared
BlackRock2 shared
British Business Bank2 shared
Goodwater Capital2 shared
AVP1 shared
Dawn Capital1 shared
AMP Coalition1 shared
Evantic1 shared
BOND1 shared
NEA (New Enterprise Associates)1 shared
Last updated: 21 April 2026