AAA Armor says farewell to Comcast Ventures

Armor says farewell to Comcast Ventures

Kim Armor has departed from her managing director and chief financial officer roles at Comcast Ventures, the corporate venture capital arm of US-based mass media conglomerate Comcast.

Armor has served more than 16 years at Comcast, of which the final two dozen years were spent at Comcast Ventures, during which time she came first on the GCV Emerging Leaders 2020 list. She has not disclosed her next role but says she intends to pursue climate change innovation and activism.

Kim Armor

“I’m deeply grateful to have been part of the Comcast/NBCUniversal family, from my initial role in 2006 on the sports media leadership team to the NBCU acquisition to joining Comcast Ventures as managing director and CFO in 2011,” Armor said in a Linkedin post.

“As tech innovation skyrocketed over the past decade, we built a top corporate venture arm that delivered tremendous impact. Being a part of that growth, being on the front lines of innovation, and guiding generational change has been the perfect finish to this part of my journey.”

Formed in 1999, Comcast Ventures invests in seed to late-stage companies focusing on consumer products and IT sectors, with more than 120 active portfolio companies. After the departure of the former head of funds Amy Banse in late 2020, Comcast Ventures was included under the corporate business division.

“So many talented people inside and outside the organisation shared their expertise generously, believed in me, and taught me so much along the way,” added Armor. “I look forward to sharing more on my next venture in the new year. Thank you to everyone at Comcast/NBCU for your partnership & making the last 16 years so incredible for me.”