A strong entrepreneurial spirit exists across the global business community, driven by a variety of factors, including the transformational impact provided by multiple technology innovations, such as AI, the cloud, and mobile device proliferation. In fact, different types of businesses serve as incubators for this multitude of new startups, including the startup studio, also known as the venture studio.
The top venture studios typically boast multiple startups formulating in their oven at one time. This scenario requires the existence of a talented and proactive management team with the ability to juggle multiple responsibilities at any one time. Understanding the top companies in this space provides useful insights on what separates the best from the rest of the pack. So here’s a high-level overview of some of the top venture studios for 2023.
Founded in 2012 by Jack Abraham, San Francisco-based Atomic follows a disruptive ideology combined with an industry-honed methodology to form new businesses. This merging of innovative ideas, talented IT and business professionals, capital, and other critical resources raises the chances for startup success. This studio boasts an experienced team of entrepreneurial experts with top-shelf skills in all aspects of company building. Some of their notable “founded and funded” businesses include Homebound, Remrise, and Paravision.
Betaworks saw its genesis in 2008, formed by John Borthwick. This product-focused venture studio located in New York City aims to build a succession of leading-edge Internet companies. Their current focus lies in a variety of state of the art tech innovations, including web3, crypto media, NLP/CV, and applied machine learning. They boast a strong portfolio of successful emerging businesses highlighted by companies like Streem, Unsplash, and Anchor, which rank among the studio’s most notable startups.
Jon Bradford formed the Colab venture studio in 2013 with their headquarters located in Los Angeles. The company employs a collection of best of breed designers and technology professionals given direction by the organization’s top-shelf strategic team. In addition to bootstrapping startup businesses, they also work with established companies and brands to help supercharge those businesses’ 21st Century growth potential. Their robust portfolio includes Scriptera, HighReach, and NoCap.
With locations in Phoenix and Los Angeles, Coplex began operations in 2018, founded by Anthony Johnson, Ilya Pozin, Nikola Mickic, and Zach Ferres. This studio focuses on designing and managing other corporate startup studios; working with founders, investors, and even other established businesses. Their well-honed experience allows them to turn this process into something repeatable, efficient, and relatively risk free. Their portfolio includes businesses like Payper, Yellow Bird, Nurseio, and Steady Install.
NineTwoThree Venture Studio
Founded in 2012 by partners Andrew Amann and Pavel Kirillov, Boston’s NineTwoThree Venture Studio features state of the art technology know-how combined with unique experience forming startups in multiple business sectors. They also operate using the agency builder model; performing work for other businesses in a variety of industry domains. Their team boasts significant experience transforming promising business ideas into successful digital ventures, including mobile apps and interactive websites. Hydrofinity, Altar Live, Dishare, and the Dorel Baby Monitor make up only part of their strong portfolio.
Pioneer Square Labs
A Seattle-based venture studio, Pioneer Square Labs began operations in 2015, formed by Ben Gilbert, Mike Galgon, Greg Gottesman, and Geoff Entress. In addition to bootstrapping new businesses, the studio also provides venture capital resources to other startups. Their operations focus on bringing together top-shelf entrepreneurial talent, massive ideas with promise, and the necessary venture capital to build new organizations able to change the world. Some of the more notable companies in their portfolio include Gradient, Attunely, and Big Box.
2007 saw the formation of Rocket Internet, founded in Berlin by Marc Samwer, Oliver Samwer, Alexander Samwer, and Fabio Tran. The studio focuses on enabling entrepreneurs by investing in their Internet and technology companies located all over the world. They use their well-honed repeatable processes to incubate new startups while providing venture capital funding and other operational support services, including IT and business analysis. Their portfolio of incubated companies includes Nestpick, Home 24, and the Global Savings Group.
In 2016, Phil Santoro and David Kolodny founded the Wilbur Labs venture studio in San Francisco. The business creates market-leading companies by identifying critical pain points within multiple industry domains and forming startup organizations to solve these issues. They also hire leadership talent with experience in the targeted business domain to run the emerging startups, while providing funding, other resources, and operational support. Their portfolio includes successful new companies like Barkbus, Joblist, and Vitabox.
Located in Laguna Beach, CA, Mark S. McNally founded Nobody Studios in 2020. The organization serves to bring together entrepreneurs, investors, and creative talent to forge new modern organizations able to make a meaningful human connection. In addition to incubating a large number of successful startup businesses, the company also hopes to make a positive impact across the globe. As a relatively new venture studio, their portfolio continues to expand, including emerging businesses like Parentipity and Ovationz.
Santa Monica, CA is the home of Science, formed in 2011 by Greg Gilman, Michael Jones, Mike Macadaan, Peter Pham, and Tom Dare. This venture studio leverages a centralized platform to combine top-shelf ideas for new businesses with the funding, operational, and technology support they need for success. Their portfolio of startup successes includes The Good Patch, Dog Vacay, and Kyoku.
If you have a compelling idea for a new business able to change the world, an experienced partner remains critical for the success of your startup. This list of venture studios provides an excellent start for finding the support and capital your idea needs to be developed and eventually become successful.
When searching for a top-ranked venture studio, look no further than the team at NineTwoThree. We boast the broad domain expertise and technical chops to help transform your concept into reality. Connect with us soon!