ABOUT US

 

Advance Venture Partners ("AVP") is a venture capital and growth equity investment firm that combines the disciplined approach of an institutional growth equity investor with the strategic insights, access and impact made possible by a high-value strategic partner.  AVP invests in early growth stage companies operating at the intersection of technology, media and marketing that can benefit from the Firm’s partnership with Advance Publications - one of the world’s premier global media franchises.

Advance is a 100 year old family-held media company that reaches more than 500 million consumers each month. Advance’s portfolio of businesses includes Condé Nast (e.g., Vogue, GQ, Vanity Fair, The New Yorker, and Wired Magazine), Reddit, American City Business Journals, the Golf Digest Companies, newspapers and local digital media properties in more than 25 American cities and 1010data, a leader in big data discovery and data sharing solutions. Advance also has extensive interests in cable television, digital media and internet properties, and has made direct investments in a broad range of leading technology, media and marketing companies. 

AVP leverages Advance’s premier brands and domain expertise to develop differentiated insights, offer unique access and deliver meaningful value to its portfolio companies.

 

INSIGHTS

Unique insights generated by Advance owning and operating leading global media and technology businesses

Firsthand experience and direct data about consumers’ media consumption behaviors

Substantial IT budgets and technology thought leadership in media

ACCESS

Differentiated access created by the global footprint of Advance’s premium brands

High-profile executives are a unique source of domain expertise, market intelligence and deal flow

Premium brands and exclusive events create unique access and relationships

VALUE

Resource base and talented executives capable of meaningfully enhancing portfolio companies’ value

Top-flight operators who can support AVP portfolio companies in a broad range of activities

Unique partnership opportunities for AVP portfolio companies

 

TEAM

 

David Ibnale

David is a Founding Partner and the Managing Partner of AVP. He has over twenty years of experience as an investor in small and mid-sized growth companies in the technology, media and communications sectors. Prior to co-founding AVP, David was a Managing Director of TPG Growth, the growth equity and middle market investment platform of TPG, where he led the firm’s global technology investing effort. Prior to joining TPG Growth, David was a Partner at Francisco Partners, and began his investing career at Summit Partners. David is currently a member of the Boards of Directors of Above Average, Compass, Nativo and UCT (Nasdaq: UCTT), and is involved in the Firm's investments in EVRYTHNG, Gigya and Mediamorph. David received an AB in Public Policy and an AM in International Development Policy from Stanford University, and received an MBA from the Stanford University Graduate School of Business.

Courtney Robinson

Courtney is a member of AVP's founding team and is a Partner of the Firm. Prior to joining AVP, Courtney was a founding Principal of American Express Ventures. During her tenure at American Express Ventures, she completed investments in companies such as RetailNext, Bill.com, IfOnly, SavingStar and Learnvest (acquired by Northwestern Mutual). Prior to co-founding American Express Ventures, Courtney ran business development and partnership efforts at Plum District, a local market oriented e-commerce business. Courtney began her career at GCA Savvian Advisors, where she was an Associate in the Firm’s Internet group. Courtney is a member of the Board of Directors of Curology, and is also involved in the Firm's investments in Rent the Runway, Monoqi, and Farfetch. Courtney received her BA in Economics from Columbia University.

Alex Christ

Alex has spent his entire career focused on technology companies. Prior to joining AVP in August 2015, he was an Associate at ICONIQ Capital, a late-stage technology growth equity fund with $1.5 billion of committed capital. Alex began his career at Morgan Stanley in the Global Technology Group, where he executed mergers and acquisitions, equity and debt offerings, and private placements. Alex received his BBA from the University of Iowa.

Andrew Siegel

Andrew is a Founding Partner of AVP and a Senior Advisor to the firm. Andrew joined Advance Publications in January 2011, and as Executive Vice President, Strategy and Corporate Development, he has been responsible for growth initiatives at the holding company and its operating units.  Andrew joined Advance from Yahoo! Inc., where he led the digital media company’s Corporate Development team. Prior to joining Yahoo!, Andrew held several executive positions during a five-year tenure at General Electric. Previously, he was Senior Vice President of Corporate Development at InVision Technologies and a Vice President on the Internet investment banking team at Merrill Lynch. Andrew was named to the 2011 Silicon Alley 100, recognized as one of Ad Age’s 2013 “Media Mavens” and was honored with a 2011 TechFellow Award for General Management. Andrew received his BA from the Newhouse School of Public Communications at Syracuse University, and his JD from New York University School of Law.

Tom Mastrobuoni

Tom was previously the Chief Financial Officer of AVP and is a Senior Advisor to the firm. Tom has over eleven years of experience in alternative asset management. Prior to joining AVP, Tom was the Chief Financial and Compliance Officer of RedBird Capital Partners, Senior Vice President of Finance at The Electrum Group, and the Chief Financial and Compliance Officer at Augusta Columbia Capital Partners. Tom received a BS in Accountancy from Villanova University, is a Certified Public Accountant and holds the Chartered Global Management Accountant designation from the AICPA. He is a member of the AICPA, the New York State Society of CPAs and serves on the State Society’s Private Equity and Venture Capital Committee.

AVP INVESTMENTS

 

NEWS

 

CONTACT

 

SAN FRANCISCO

170 Grant Avenue, 4th Floor
San Francisco, CA 94108
415-594-6000

NEW YORK

One World Trade Center
285 Fulton Street, 43rd Floor
New York, NY 10007
212-286-2805