An Evergreen Fund
Socium Ventures is a fund within Cox Enterprises focused on making minority investments in emerging-growth businesses. Socium 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 Unique?
Socium Ventures is backed by Cox Enterprises, a family-owned company that has created innovative companies for over 125 years. In addition, Socium 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, Ga.): 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, N.Y.): 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.