An Evergreen Fund
Socium Ventures is a fund within Cox Enterprises focused on making minority investments in emerging-growth businesses. Socium Ventures has a goal to promote deep and active teamwork at every stage of a business’ development while building strong relationships with company founders and leaders. The fund is actively seeking future investment opportunities in the range of $3-$25 million.
“Our launch of Socium Ventures adds a new layer to our continually developing investment strategy. By partnering with and funding like-minded companies, we’re able to help them reach their full potential, while moving ourselves closer to the goals we have for our people, communities and planet.”
What makes Socium Ventures Unique?
Socium Ventures is backed by Cox Enterprises, a family-owned company that has created innovative companies for over 125 years. In addition, Socium Ventures provides invested companies with a unique infrastructure opportunity, including:
- Permanent capital from a single LP with no liquidity timeline.
- Direct access to leaders who have strategic, operational and technical experience building markets from the ground up or scaling markets that are ripe for innovation.
- An investment team with vast experience in public and private investing in Fortune 500 companies; notably, taking important companies public from start to finish.
Recent Investments
Below are a few of the recent Socium Ventures investments:
Saltbox (Atlanta): Saltbox is a flexible co-warehousing and small business logistics pioneer. The funding from Socium Ventures is supporting the development of Saltbox’s core technology stack powering its end-to-end logistics platform for small and growing e-commerce businesses. In 2022, Saltbox more than doubled its growth, expanding its flexible warehouse network to 10 locations.
Carbyne (New York): Carbyne is a company revolutionizing how citizens engage with emergency services across the country. By building the first cloud-native 911 communications platform, Carbyne allows callers to easily share critical video, text, location and other lifesaving data with dispatchers and first responders. Their software improves the efficiency and effectiveness of emergency operations, reducing response times and ultimately saving lives.
Knowde (San Jose, California): Knowde is bringing the chemicals industry into the digital era with its cutting-edge software powering a single destination marketplace for 8,000+ suppliers of ingredients and polymers. Customers can efficiently conduct research, compare and purchase raw materials without the hassle of scouring thousands of websites, calling and emailing sales reps and attending costly in-person trade shows. Through this unparalleled digital marketplace, customers can achieve groundbreaking innovations faster.
Crisp (Bentonville, Arkansas): Crisp provides a collaborative commerce platform for the consumer packaged goods (CPG) industry. With Crisp, retailers can seamlessly share valuable sales and inventory data with suppliers, helping brands and buyers collaborate to improve supply chain performance and drive sales. Leveraging the power of the cloud to connect and normalize data from 40+ retail sources, Crisp provides real-time insights and trends to help brands, retailers, and distributors reduce waste and boost profitability.