Saban Ventures, launched by Saban Capital Group, focuses on the digital media space, including Mobile, Social, Entertainment, Information, eCommerce and marketplaces, Cloud, Financial Technologies and SaaS (Software as a Service). The fund which will initially manage $100m will focus on identifying investment opportunities in companies in stages that range from post-seed to growth. The ventures engages with the most promising entrepreneurs from the early stage of building their businesses. It prides itself on its entrepreneur-friendly DNA, agile decision making and propensity to take on risk. Saban Ventures will also deliver unparalleled expertise and access to the global media and telecom markets through its relationship with parent company, Saban Capital Group.
Barak Pridor, a seasoned media and technology executive with over 20 years of diverse experience will lead the fund and spearhead the efforts in sourcing and monitoring all venture investment opportunities.