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Our partnership has previously acquired and operated over $100B in iconic brands and invested in over $4 billion into fast growing technology companies and have during their decades long careers.
Smash Capital's team has a long history operating and investing in consumer, internet, and enterprise software businesses at scale. We seek companies with the potential to build iconic brands in their industries by improving the lives of millions of people.
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ElevenLabs raises $500 million in a round led by Sequoia Capital at an $11 billion valuation. Sequoia partner Andrew Reed joins its board, while existing investors a16z and Iconiq increase their investments and new investors include Lightspeed Venture Partners, Evantic Capital, and Bond. The company plans to use the funding for research, product development, and international expansion, and reports $330 million in ARR at year-end.
Feb 2026 · TechCrunchNews article
Flatpay raises €145 million at a €1.5 billion valuation, becoming a European fintech unicorn as it scales card-payment services for small businesses. The Danish startup says it has 60,000 customers and more than €100 million in ARR, and plans to expand beyond its six current markets while doubling its 1,500-person workforce by the end of next year. It remains unprofitable and is also developing a banking suite.
Nov 2025 · TechCrunchNews article
Sydney-based Leonardo.Ai, an AI art production platform for consumers and enterprise users, announces a $31 million funding round. Investors include Blackbird, Side Stage Ventures, Smash Capital, TIRTA Ventures, Gaorong Capital, and Samsung Next. The company was founded last year.
Dec 2023 · TechCrunchNews article

Smash Capital: A VC firm investing in emerging consumer internet, software brands, and growth stages.