UTA Ventures, the venture capital arm of United Talent Agency, focuses on investing in startups in the E-Commerce and Apps industries. Notable portfolio companies include Lyft, Thrive Market, and Victorious. The fund typically invests in startups that are 2-3 years old and prefers founders with fewer than 5 years of experience. UTA Ventures has a strong presence in the United States and has a lower exit rate compared to other firms. The fund typically participates in 2-6 deals per year, with investments ranging from $10-50 million. It often co-invests with Advancit Capital, Third Wave Digital, and Novel TMT Ventures. In subsequent funding rounds, UTA Ventures is often joined by Thrive Capital, Third Wave Digital, and Slow Ventures.