Imagine Impact, an offshoot of Ron Howard and Brian Grazer’s production company Imagine Entertainment, has closed its Series A financing round led by Silicon Valley venture capital firm Benchmark.
Imagine Impact joins eBay, Hipcamp, Instawork, Nextdoor, OpenTable, Stitch Fix, Uber, Yelp, and Zillow, in Benchmark’s investment portfolio. Benchmark partner Bill Gurley spearheaded the deal and will join the board.
“The old way of sourcing talent in the entertainment industry is based on who you know, which presents high barriers-to-entry for the fresh voices we need to hear from,” said Gurley. “Impact is knocking down these barriers through a marketplace model that reduces information asymmetry and levels the playing field.”
Grazer said, “We could not be more thrilled to be working with Benchmark. They have an unrivaled track record in building marketplaces and companies that have changed the world.”
The company was launched in 2018 by Grazer and Howard with Tyler Mitchell as CEO,...
Imagine Impact joins eBay, Hipcamp, Instawork, Nextdoor, OpenTable, Stitch Fix, Uber, Yelp, and Zillow, in Benchmark’s investment portfolio. Benchmark partner Bill Gurley spearheaded the deal and will join the board.
“The old way of sourcing talent in the entertainment industry is based on who you know, which presents high barriers-to-entry for the fresh voices we need to hear from,” said Gurley. “Impact is knocking down these barriers through a marketplace model that reduces information asymmetry and levels the playing field.”
Grazer said, “We could not be more thrilled to be working with Benchmark. They have an unrivaled track record in building marketplaces and companies that have changed the world.”
The company was launched in 2018 by Grazer and Howard with Tyler Mitchell as CEO,...
- 9/17/2020
- by Dave McNary
- Variety Film + TV
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