Cox Enterprises

Cox Enterprises is a privately held global conglomerate headquartered in Atlanta, Georgia, with operations spanning communications, automotive services, and media. The company has a rich history of over 125 years, during which it has built innovative businesses and invested in emerging technologies. In June 2023, Cox Enterprises launched Socium Ventures, a venture and growth investment firm focused on investing in durable and compounding companies. Socium Ventures seeks investment opportunities ranging from $3 million to $25 million across various industries experiencing technology-led growth, including enterprise and vertical software, advanced computer tools, public sector software, healthcare, fintech, B2B marketplaces, and sustainability. The firm aims to support its portfolio companies at every stage of development with strategic and operational support, as well as permanent capital over the long term. In October 2024, Cox Enterprises backed Socium Ventures with a second $300 million fund, bringing the total managed capital to $600 million. This commitment reinforces Cox Enterprises' dedication to fostering innovation and partnering with the next generation of original thinkers to create solutions to significant problems and drive prosperity. Socium Ventures' current portfolio includes companies like Carbyne, a New York-based firm revolutionizing how citizens engage with emergency services nationwide, and recently added Knowde and Crisp to its investments. The firm continues to focus on helping early-stage businesses scale for a more significant impact, leveraging Cox Enterprises' deep and permanent capital base and strategic and operational expertise. Through Socium Ventures, Cox Enterprises demonstrates its ongoing commitment to investing in innovative companies and supporting their growth across various sectors and stages of development.