Interplay is a startup ecosystem and investment firm founded in 2012 and based in New York. It backs founders and innovation at every stage through five business lines: venture capital, an accelerator programme, a company studio, an operational platform and a multi-family office. The firm's portfolio comprises over 150 companies across North America.
The venture capital arm invests in early-stage software companies, with a focus on application-layer AI and marketplace businesses; typical cheque sizes range from $500,000 to $2m. The accelerator provides Pre-Seed and Seed stage companies with a $50,000 investment and a six-month hands-on programme in exchange for a 6% equity stake. Separately, the company studio builds businesses from scratch around internally generated ideas.
Portfolio companies are supported by an operational platform supplying accounting, marketing, legal support and professional development. Ascend, the firm's multi-family office, offers full-service portfolio management and advisory services. The stated approach is one of hands-on, comprehensive support for entrepreneurs from concept through to scale.
Interplay operates from New York and invests throughout North America.
