Atlas Obscura, Inc.

New Atlantic Ventures (NAV) focuses on seed and early-stage investments in companies that target high-growth, emerging mass markets. They invest in the mobile, new digital media and online services industries and in other breakthrough technology companies. Within the mobile sector, NAV focuses on investments in smartphone platforms, wireless data and content delivery, wireless marketing and advertising, location-based services, entertainment services and communications applications. Within the online services sector, the firm focuses on investments in next-generation Internet consumer services, financial services and payments, back-office operations, vertical industry applications, SaaS business services and cloud computing overlays. Within the new digital media sector, NAV focuses on digital connected home applications, digital content distribution, user-created content services, the integration of communication and other content and next generation advertising media and delivery optimization. NAV also invests in breakthrough technologies in a variety of fields, including, but not limited to portable power, clean technology, materials, next generation advertising and energy efficiency and conservation.NAV looks for companies with exceptional management teams, unbounded markets and defensible business models. Investments typically range from $250,000 seed investments to $3 million rounds in which the firm invests alongside other investors. New Atlantic Ventures usually serves as the lead investor. The firm reserves capital for future investment rounds and continues to support their portfolio companies as they progress.

AlleyCorp is an active manager invests in pre-seed and seed transactions. The firm incubates the companies and also investments in social impact and non-profit organizations. They also makes follow-on investments.

Co-Founder at Business Insider, Inc.