Comcast Ventures, the venture capital affiliate of Comcast Corporation, announced Andre Iguodala has joined its Catalyst Fund as a venture partner.
Iguodala is a three-time NBA champion and first VP of the National Basketball Players Association. He is a New York Times best-selling author of “The Sixth Man” and also a successful entrepreneur and startup investor, funding over 40 companies including Zoom, Datadog, PagerDuty, and Allbirds. As an investor and a member of the Board of Directors for Jumia Technologies, Iguodala helped the company grow and go public in April 2019 with a billion-dollar IPO. He also serves as a Board Advisor at enterprise software company Zuora.
“We are thrilled to welcome Andre to the Comcast Ventures team,“ said Amy Banse, Comcast Ventures’ head of funds and managing director. “Andre’s investment experience and network, coupled with his passion for supporting entrepreneurs from diverse backgrounds, is a perfect fit for our Catalyst Fund. Together, we can offer early-stage companies unique resources for growth, building on our vision of a startup ecosystem full of founders creating technologies for a diverse world.”
“I am excited to join the Catalyst and Comcast Ventures teams, which will provide me with the opportunity to advise and work with emerging entrepreneurs from diverse backgrounds,” said Iguodala. “I have admired Comcast NBC Universal’s commitment to invest in startups with founders who are typically underrepresented in the venture world. Together, we have unique experiences and resources no other venture firm has to help founders grow their companies.”
Iguodala joins Principal Fatima Husain at the Catalyst Fund and will focus investments in companies founded by African American, Latino and female entrepreneurs. Husain joined Comcast Ventures in 2019 and was previously a senior growth product manager at Airbnb. She’s also a Co-chair for an All Raise Cohort and an active advisor for AirAngels, Airbnb’s alumni angel investor group.
Photo courtesy Comcast Ventures