United Talent Agency Launches VC Arm Focused on Culture and Technology

ByLA STARTUPS

In a move that is sure to shake up the venture capital scene, United Talent Agency has announced the launch of its own investment fund. The new venture is called UTA.VC, will focus on startups that are centered around culture and technology. This includes everything from Web3 startups to the “creator economy.” Investcorp, a previous stakeholder in UTA, is partnering with the agency to make this all possible.

UTG.VC will be led by Anand Radhakrishnan, who serves as the managing director of Investcorp’s United States private equity division. He will be joined by UTA general partners Caroline Jacobs, Clinton Foy, and Sam Wick.

UTA Ventures, the investment subsidiary of the agency, has been investing in startups since 2014. Some LA-based companies they have invested in include Pluto TV, NTWRK, and Cloud9 Esports. UTA Ventures was also an early investor in firms that are now tech giants, including Patreon, Lyft, MasterClass, and Cameo.

This is an incredibly exciting development for both UTA and the startups that they will be investing in. There is a lot of potential for growth and success in this new venture. We will be sure to keep you updated on all the latest news and developments from UTA.VC.

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