Knight Enterprise Fund

Knight Enterprise Fund is a venture capital firm based in Miami, Florida, that focuses on early-stage investments in media and technology companies. As a subsidiary of the John S. and James L. Knight Foundation, the fund leverages the foundation's endowment to support for-profit startups aligned with its mission of promoting informed and engaged communities. The fund's investment strategy emphasizes sectors such as digital media, virtual reality, and augmented reality.

The fund's portfolio includes companies like Captricity, a cloud-based service that digitizes data from paper documents, and OwnLocal, a company that provides digital advertising solutions for local media. These investments reflect the fund's commitment to supporting innovative solutions that enhance media and technology landscapes.

Knight Enterprise Fund operates under the leadership of CEO Alberto Ibargüen, who also serves as the president of the Knight Foundation. The fund's activities are guided by the foundation's broader mission to advance quality journalism, foster media innovation, and engage communities, aiming to strengthen democracy through informed and engaged citizens.