A Transition for Brett Brewer as He Moves On from Crosscut VC

A New Chapter for Brett Brewer at Crosscut VC

In a significant shift within the California startup ecosystem, Crosscut Ventures has announced that co-founder Brett Brewer is departing from his role as a General Partner. This decision marks the beginning of a new chapter for Brewer, who has long been a pivotal figure in shaping the venture capital landscape in Los Angeles. While he steps away from the day-to-day operations, he intends to remain actively involved with the portfolio companies under Crosscut Funds 1 through 5, ensuring a smooth transition for both the firm and its investments.

Founded in 2008, Crosscut Ventures has successfully raised over $300 million across five funds, developing a reputation as one of the most influential seed funds in Los Angeles. The firm has invested in more than 170 companies, illustrating its commitment to supporting emerging entrepreneurs and innovators. Brewer's expertise has been instrumental in this journey, having led investments in notable companies such as Branch, Pacaso, and Rx Redefined, all of which have thrived under Crosscut’s guidance.

Brewer's career traces back to co-founding Intermix Media, the parent company of MySpace, which he notably guided to a successful acquisition by NewsCorp. Following this, he served as the CEO of AdKnowledge and helped steer the company to a private equity exit. With a rich background in tech and media, Brewer's vision has always been to empower local entrepreneurs with capital and strategic guidance, a mission he has passionately pursued through Crosscut.

Reflecting on his time at Crosscut, Brewer stated, "Building Crosscut alongside an incredibly talented team has been one of the most rewarding experiences of my life. I am incredibly proud of what we've accomplished together and look forward to seeing the firm continue to thrive in the years to come." His sentiments reflect the deep ties and friendships he has fostered throughout his tenure at the firm.

As Brewer prepares to announce his next career move in the forthcoming weeks, he will carry with him the knowledge and experience gained over the years. Brian Garrett, another key member of Crosscut, expressed gratitude towards Brewer, noting, "We are deeply grateful for Brett's leadership and contributions. While we will miss his presence at the firm, we fully support his decision and are excited to see where his next steps will take him."

Crosscut Ventures remains focused on its mission to invest in founders building solutions for a better future, emphasizing its commitment to sectors such as clean energy, space commercialization, and U.S. defense systems. With over 16 years of experience, the firm continues to leverage its extensive network and expertise to bring innovative projects to market, addressing important global challenges.

Despite the change, Brewer's influence will remain felt at Crosscut as he supports the firm from a distance while embarking on his new venture. As he steps into this new phase of his career, the Los Angeles tech ecosystem is sure to feel the impact of his next endeavors, as many are eager to see how his vision and strategic insights will continue to shape the industry.