Venture Capital: Bain Capital Ventures Raises $1.9B Across Two Funds

March 1, 2023 | Latest News, News, Venture Capital
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The two oversubscribed funds will invest in technology startups.

Bain Capital Ventures (BCV) has raised $1.9 billion in two oversubscribed funds, furthering its support for technology startups from seed to growth. The funds will be used to discover and grow the most innovative and promising companies within fintech, infrastructure, apps, and commerce.

These new funds are in addition to the Bain Capital Crypto fund announced in April 2022 with $500 million under management. BCV’s multi-stage orientation allows it to identify emerging trends and meet promising founders at the earliest stages, then build conviction in them over time as it follows their trajectories. (CISION PRNewswire)

Over the last year, BCV has strengthened its investment team by adding partners Christina Melas-Kyriazi, Sarah Hinkfuss, Slater Stich, and Saanya Ojha.

Furthermore, the appointment of partner Noah Breslow, who has built a team of 23 former operators dedicated to helping startups mature more quickly with experienced guidance, also ensures that BCV provides tangible benefit and hands-on support for its portfolio.

BCV’s early-stage exposure is seen as a tremendous asset for identifying winners at the growth stage.

Over more than two decades, BCV has helped launch and commercialize more than 400 companies including Attentive, Bloomreach, Clari, Docker, DocuSign, Flywire, LinkedIn, Mirakl and Redis.

“The common thread to our work is partnering as soon as we recognize unique talent, and clear-eyed visions with the potential to become category-defining businesses,” said Kevin Zhang, Partner, in a blog post.

Related Story:  Consulting Firm Bain Announces Global Services Alliance With OpenAI

Image by Tumisu from Pixabay

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