Forecast Labs

Forecast Labs is a New York City-based corporate venture capital firm and division of Comcast NBCUniversal that invests in high-growth consumer and internet technology startups. The firm operates an alternative investment model by deploying equity based on customer acquisition volume, leveraging Comcast's extensive broadcast and digital media inventory to provide startups with discounted television advertising campaigns. Operating with fewer than 25 employees and generating just under $5 million in annual revenue, the group prioritizes profitable customer scaling over traditional capital deployment. Through its strategic guidance and media distribution advantages, the firm has successfully helped notable portfolio companies such as Acorns, Hippo Insurance, Public.com, and Smalls improve customer retention by 80 percent and reduce transaction costs by 30 percent. Forecast Labs was originally established as an internal group within Comcast Ventures before being officially founded in 2019 by Arjun Kapur.