Whether you’re in the market for a new pair of shoes or a new razor, you should look for companies that invest in cutting-edge technology and infrastructure of True Ventures. True Ventures is one such company. It’s included in CB Insights’ 12 Expert Collections. The companies in the True Ventures Expert Collections are startups that sell products directly to consumers, instead of relying on big online marketplaces or department stores. They include cosmetic brands, shaving startups, on-demand beauty services, salon management platforms, and salon-management platforms.
Art Blocks
If you’ve ever wanted to sell your own art, you’ve probably heard about the new crowdfunding website True Ventures Art Blocks. They accept submissions from amateur artists, check for copyright and functionality, and let you sell your creations for a fraction of the price. The best part? It’s free! The website is reminiscent of local art galleries, where you can find some hidden gems and even get free cheese!
In addition to being a crowdsale site, Art Blocks is an art market. You can buy paintings, drawings, and other works of art and then sell them for a fraction of the price they’d normally fetch. The art will be published on a blockchain, and buyers will “mint” new works by purchasing NFTs. determined by the artist.
Peloton
True Ventures leading global private equity firm, has invested in Peloton, a NYC-based fitness technology company that has revolutionized the fitness industry with its indoor cycling bikes and studio content. The company recently closed a $325 million series A financing round led by True Ventures. It plans to use the funds to expand its product offerings, open new showrooms, and continue to improve the user experience. Peloton is a hybrid company, with components that include hardware, software, and live and on-demand fitness group classes.
In addition to True Ventures’ investment in Peloton, Tiger Global Management holds a 20% stake in the company, and has invested in its Series C round at $2.22 per share. The company has also raised capital through debt rounds and through the crowdfunding platform Kickstarter. The most recent $550M Series F round, closed in August 2018, included all of the company’s top institutional investors. Peloton is now valued at over $4 billion, according to its latest funding round.
Peloton invests in infrastructure software
In addition to investing in software startups, True Ventures has also invested in digital asset protocols. The company’s recent investments include trading platform FutureSwap and Art Blocks, which generates original artwork on the Ethereum blockchain. This investment team focuses on software startups that help make our lives easier and are building the future of the world. Besides technology, True Ventures invests in infrastructure. For more information, please visit the True Ventures website.
The company is also looking to invest in infrastructure and media companies. Though True isn’t among the early movers in crypto-assets, its investments in startups in these areas are promising. The startup has also brought on board Bryan Mason, who founded the typeface and font-maker Typekit. Mason is responsible for working with the company’s founders on business development and go-to-market strategies. However, it is not a solely tech-focused firm.
Art Blocks invests in digital asset protocols
Unlike a typical gallery or museum, Art Blocks does not own any physical artwork. Instead, it creates and stores digital art using blockchain technology. This hash determines the new piece of art. And that piece will be unique based on the algorithm used by the artist.
This creates a customized piece of artwork, which is essentially custom on demand. It uses the blockchain to randomly create each output. The result is an entirely new form of art.
Art Blocks invests in infrastructure software
In the first year of the service, Art Blocks sold over $100 million in projects. As its popularity has grown, so has the community of collectors and outspoken users. A notable user is Rose, who has a legion of followers and listeners.As a result. The service has become something of a speculative frenzy.
When a new entrant to the NFT world is not sure what to expect. The company invests in infrastructure software to help them get off to a good start. The software is so flexible and adaptable that it can scale across different forms of generative art and other use cases like gaming. For newcomers to the NFT world, Art Blocks may not be a good choice because they are inexperienced in the process of building a platform.