Bain Capital Ventures LLC is the venture capital division within Bain Capital, which has approximately $105 billion of assets under management worldwide. The firm's early-stage investments have included Staples, LinkedIn, Kiva Systems, Jet.com and Shopping.com. Bain Capital Ventures manages $5.1 billion of committed capital, has over 70 active portfolio companies, and has offices in Boston, New York City, Palo Alto, and San Francisco.
 | |
| Company type | Limited liability company |
|---|---|
| Industry | Financial services, Investment management |
| Founded | 1984 |
| Headquarters | Boston, Massachusetts, New York, New York, San Francisco, California, Palo Alto, California |
Key people | Managing Directors: Ajay Agarwal, Yumin Choi, Scott Friend, Matt Harris, Michael Krupka, Enrique Salem |
| Products | Venture capital |
| AUM | $5.1 billion |
Number of employees | 30+ |
| Parent | Bain Capital |
| Website | www |
Investments
Bain Capital Ventures has raised slightly over $4.9 billion of investor capital since 2001 across eight core investment funds and two co-investment funds. The firm is currently investing its eighth fund, Bain Capital Venture Fund 2019, which raised $650 million from investors. The following is a summary of Bain's private equity funds raised from its inception through the beginning of 2012:[1]
| Fund | Vintage Year | Committed Capital ($m) |
|---|---|---|
| Bain Capital Venture Fund | 2001 | $250 |
| Bain Capital Venture Partners 2005 | 2005 | $250 |
| Bain Capital Venture Partners 2007 | 2007 | $500 |
| Bain Capital Venture Partners 2009 | 2009 | $525 |
| Bain Capital Venture Partners 2012 | 2012 | $660 |
| Bain Capital Venture Partners 2014 | 2014 | $650, $200[2] |
Some of the company's notable investments have included: Ameritox, Apparent Networks,[3] AppAssure Software, blip.tv, Booker Software,[4] Fingerhut, INRIX, Kiva Systems, LinkedIn,[5] The Princeton Review, Rave Wireless,[6] Skyhook Wireless,[7][8] Stackdriver,[9] SurveyMonkey,[10] TheFind, Thumbplay, Tokbox,[11] VMTurbo,[12] Vonage, and ZeroTurnaround.
In November 2018, Bain Capital Ventures announced it had raised $1 billion to be spread between two funds.[13]
References
- ^ Data collected from Preqin, a private equity database system
- ^ Shieber, Jonathan. "Bain Capital Ventures Raises $850 Million In Two New Funds". TechCrunch. Retrieved 18 June 2014.
- ^ Apparent Networks Obtains Expansion Capital Investment From Leading Venture Firms
- ^ Roslyn, Darah. "Booker Raises $27.5 Million Led by Bain Capital Ventures." Press release. The Wall Street Journal. April 16, 2013
- ^ LinkedIn Closes Its Round; Got That Billion Dollar Valuation
- ^ "Rave Wireless Raises $7 Million For Mobile Safety Services". Archived from the original on 2010-12-29. Retrieved 2012-01-10.
- ^ Skyhook Wireless Secures $8.5 million of New Financing to Fuel Global Expansion
- ^ Skyhook Wireless Closes $6.5 Million In Venture And Corporate Funding Round
- ^ VMware vets launch Stackdriver, raise $5M from Bain Capital Ventures
- ^ SurveyMonkey Announces Group Led by Spectrum Equity to Become Majority Investor
- ^ Video Chat Service TokBox Raises $10 Million From Bain
- ^ VMTurbo grabs $10M from Bain, Highland to expand cloud virtualization solutions
- ^ https://techcrunch.com/2018/11/14/bain-capital-ventures-has-a-fresh-1b-to-invest-in-startups/