Organization · Venture Capital
Third Wave Digital
Third Wave Digital is an early-stage venture capital firm based in Los Angeles, specializing in investments within the digital media sector. The firm focuses on supporting companies that are innovating in digital video, advertising technology, and content distribution.
Overview
What Third Wave Digital does
What Third Wave Digital is
Third Wave Digital is an early-stage venture capital firm based in Los Angeles, specializing in investments within the digital media sector. The firm focuses on supporting companies that are innovating in digital video, advertising technology, and content distribution.
How it participates in the startup ecosystem
The current public profile supports funder capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.
Operational profile
Organization status and context
Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.
- Operational status
- Active
- Organization type
- Venture Capital
- Founded
- Founded in 2014
- Approximate age
- About 12 years
- Structured capabilities
- Funder
- Last reviewed
- April 23, 2026
Official channels
Find Third Wave Digital elsewhere
Open the official website or a supported primary organization account.
Capability profile
Third Wave Digital as a funder
Investment thesis
Third Wave Digital focuses on minority investments in seed through later-stage companies across digital media, advertising technology, content distribution, and adjacent software sectors. They believe the next generation of media companies will be built natively for digital platforms.
Focus narrative
Third Wave Digital invests in digital media services, including digital video platforms, mobile digital video programming, and virtual reality. The firm targets various sectors within the digital media space and engages with companies at different stages of development, from seed to later-stage investments.
Value beyond capital
Third Wave Digital adds value to its portfolio companies by leveraging its deep industry expertise in digital media and technology. The firm provides strategic guidance, access to a network of industry contacts, and support in navigating the evolving digital landscape, helping companies to scale and succeed in their respective markets.
Focus and fit
- Stages
- Seed · Series A · Series B · Series C · Series D · Growth Equity
- Sectors
- Media & EntertainmentDigital HealthArtificial IntelligenceSaaS & Cloud SoftwareFintechConsumerCommerce & Retail
- Regions
- North America · Global
Availability
- Currently deploying
- Not published
Portfolio and track record
- Recorded portfolio count
- 63
- Recorded notable exits
- Vessel
Portfolio context
Notable portfolio companies include: 88Rising: A music label and media brand for Asian artists. Air Media: Provides native advertising for sports media companies. Battlefy: An eSports platform for tournaments and leagues. Canvas: Produces original series for digital, traditional, VOD, and OTT platforms. CreatorIQ: A SaaS platform for managing social influencer campaigns. DanceOn: Offers influencer-driven dance programming for millennials. Drone Racing League: A video network focused on professional drone racing. FameBit: A YouTube marketing platform. Hello Giggles: An entertainment and lifestyle brand for women. Immortals: A super-star eSports team. Insurrection Media: A digital TV studio targeting OTT distribution platforms. Pluto.TV: A multi-category online video platform with over 100 channels. TasteMade: Focuses on food and travel videos for the mobile generation.
Common questions
What to know about Third Wave Digital
Upseed classifies Third Wave Digital under the Venture Capital organization type. Its current public profile includes funder capabilities.
Source and update disclosure
Know what this page is based on
Source basis
Public organization and program material, official websites, and structured Upseed records.
Last reviewed
April 23, 2026
Known limits
Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.
Upseed is an independent guide. It is not affiliated with or endorsed by the organization described on this page.