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Advancit Capital

Company

Investment-firm

Financing round

General

About Company
Advancit Capital invests in early-stage media, entertainment, and technology companies.

Industry

Sector :

Subsector :

Keywords :

founded date

29.03.2011

Number of employees

IPO status

Private

Description

The firm partners with driven entrepreneurs to provide strategic and industry expertise, and value-added resources during critical growth stages. Founded in 2011, Advancit Capital is headquartered in Massachusetts and has a regional office in New York.
Contacts
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Financials

Investments
111
Date 
name 
Lead 
type 
Raised 
29.08.2024
No
$3M
25.06.2024
No
$3.4M
09.04.2024
No
$7M
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People

Founders
2
Shari Redstone
Shari Redstone

Shari Redstone

Shari Redstone is a media executive with a wide-ranging background in numerous aspects of the entertainment industry and related ventures. She is Vice Chair of the Board of Directors of Viacom Inc. and Vice Chair of the Board of Directors of the Company. Since 2000, she has been President of National Amusements, one of the top 10 movie exhibitors in the United States. Redstone has expanded the company's international footprint and its exploration of new technologies. Redstone is also Co-founder and Managing Partner of Advancit Capital, a venture capital firm launched in 2011 which focuses on early stage investments in media, entertainment and technology. In addition, she is Co-Chairman of MovieTickets.com, Inc. and is a member of the Board of Directors and Executive Committee for the National Theatre Owners Association (NATO). Redstone earned a BS from Tufts University and a JD and a Masters in Tax Law from Boston University. She practiced corporate law, estate planning and criminal law in the Boston area before joining National Amusements. With a deep commitment to the community, Redstone is actively involved in a variety of charitable, civic and educational organizations. She is currently a member of the Board of Directors at Combined Jewish Philanthropies and the John F. Kennedy Library Foundation. Redstone sits on the Board of Trustees at Dana Farber Cancer Institute. She served on the Board of Directors of CASA-Columbia from 2003-2012. Redstone joined the Board and Executive Committee of Our Time, a mass-membership organization that stands for the economic interests and political inclusion of young Americans aged 18-30. She is also on the Local Advisory Board and Executive Committee for BUILD, a non-profit organization which uses entrepreneurship to propel low income youth through high school and into college.

current job

Advancit Capital
Advancit Capital

count Of Investments

1

Shari Redstone

Jason Ostheimer
Jason Ostheimer

Jason Ostheimer

Jason Ostheimer is Co-Founder and Partner of Advancit Capital. He focuses most of his time working with the portfolio and making new investments in early stage media, entertainment and technology companies. Jason also works with management at National Amusements Inc. to help identify emerging technologies that enhance the consumer experience for the company’s brands. Previously, Jason was at the Blackstone Group, where he served as a Vice President focused on middle market private equity and mezzanine investments across a diverse range of industries. Jason graduated summa cum laude from the University of Pennsylvania where he received a B.S. in Economics from The Wharton School with a concentration in Finance. Jason is involved with several charitable organizations and currently serves as a Board Member of the Gift of Life Bone Marrow Foundation.

current job

Advancit Capital
Advancit Capital

count Of Investments

1

count Of Exists

1

Jason Ostheimer

Employee Profiles
6
Jerry Lu

Jerry Lu

Investor

Jonathan Miller

Jonathan Miller

Partner

Jason Ostheimer

Jason Ostheimer

Co-Founder and Partner

Shari Redstone

Shari Redstone

Co-Founder & Managing Partner

Alex Yagoda

Alex Yagoda

Investment Team

Andrew Goletka

Andrew Goletka

Investor

Activity

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