Private | |
Industry | Private equity |
Founded | 2010 |
Founder | Ashton Kutcher, Guy Oseary, Ron Burkle, |
Headquarters | Los Angeles, California |
Products | Venture Capital |
Website | www.agradeinvestments.com |
A-Grade Investments is a venture capital firm founded in 2010 by actor Ashton Kutcher, entertainment manager Guy Oseary, and billionaire investor Ron Burkle to opportunistically invest in technology start-up companies. The company is headquartered in Los Angeles, California.
Ashton Kutcher, Guy Oseary, and Ron Burkle invested in private equity deals individually, but in 2010, they formed A-Grade Investments to invest in technology startups as a group.
Abe Burns is head of digital operations at the firm.Chris Hollod is a Partner at the firm and works directly with the founders to manage the fund.
In March 2016, Forbes released a very comprehensive article on A-Grade Investments entitled "How Ashton Kutcher And Guy Oseary Built A $250 Million Portfolio With Startups Like Uber And Airbnb." Ashton appeared on the cover of the magazine, which became the most-widely read issue in Forbes’ 99-year history. The Forbes article states that the team turned $30m into $250m, representing almost an 8.5x investment multiple.
On May 1, 2013 onstage at TechCrunch Disrupt NYC, Kutcher and Oseary confirmed rumors that the fund was valued at over $100 million.
In 2012 Kutcher, Oseary and Burkle decided to raise more money for A-Grade from several billionaires including David Geffen and Mark Cuban.
Among its portfolio companies, A-Grade has invested in Spotify, Uber, Shazam, Couple, Soundcloud, and Airbnb. The firm mainly takes part in Seed and Series A rounds.
The firm’s targets tend to be consumer-focused businesses that change the way consumers share information, or shake up traditional marketplaces.