We at
@BainCapVC
are providing our companies with loans from our mgmt co for payroll. In many cases we’ve shared responsibility with co-investors. In other cases, we are doing entire thing. Regardless we want to eliminate unnecessary stress on our founders and their teams.
Today we’re thrilled to announce $1.3B in fresh capital to back exceptional early-stage
#founders
building industry-defining
#tech
companies. Our partner
@ajay_bcv
talks more about
@BainCapVC
Fund 2021 👇
Love
@ycombinator
!!! We consistently find that their founders operate with higher velocity, are more hands-on and in the details, are more frugal, and are more commercial. This leads to faster momentum and steeper revenue ramp, less likelihood of false product market fit, and
The winners in application software are founders who understand a domain/workflow and build software to support that workflow. In some cases, these are new workflows that didn't exist before (CS before
@GainsightHQ
) and in some cases, they are workflows that are reimagined
Today we announce $1 billion in new funding to continue to partner with entrepreneurs at all stages of the startup journey while they work to redefine major industries. Our partners share more about this exciting milestone on our blog:
At
@BainCapVC
we have been actively investing in the physical world for over 20 years starting with our initial investment in
@KivaSystems
. Today we are on the verge of an Industrial Renaissance driven by a confluence of new AI technologies, a massive need to upgrade and
During covid crisis, every b2b sales leader should start each and every account review with their AEs with one simple question: Why now? What’s the call to action? Why does customer need our software now? If the AE can’t articulate that, don’t bother with rest of review.
In the world of AI applications, companies are automating jobs vs. providing workflow tools for existing information workers. This has led to a set of companies (including in our portfolio) with extremely high ASPs and extraordinary growth rates. Companies are willing to pay a
1/ We are at an exciting inflection pt. in history of business sw: the rise of the USER as key decision maker. This has profound implications for how sw co's get built and for the tooling (CRM, Mktg tools, prod. roadmap) that sw co's require to scale.
1/ On behalf of the entire team here
@BainCapVC
we wanted to send our congrats to
@nrmehta
and the team
@GainsightHQ
on today's amazing news. We are so grateful to
@nrmehta
and team for including us in this incredible journey. Read more here:
Really excited about Clari's $150M funding round led by Silver Lake and B Capital! I share more about Clari' journey in building the RevOps Category here: Clari: How Modern Companies Drive and Manage Revenue
@00byrne
@venkatrangan01
@clarihq
@BainCapVC
Congrats to
@spdholakia
and entire team at
@SendGrid
Amazing combination to create the leader in developer-first APIs for modern communications.
@twilio
The most frequent Q I get from founders after our initial funding is: "any advice on best way to run the board meetings?". Here are my thoughts after thousands of board meetings of seed, Series A, growth, and public companies.
@saastr
@BainCapVC
blown away by the level of leadership across our portfolio founders and ceos. combination of sober realism, decisive action, calmness under pressure, strong communication, and extreme levels of positive energy despite the long hours and tough circumstances.
@BainCapVC
My kid received a
@BookCameo
sent by a good friend of hers whos now at a diff school. My daughter loves the nhl and she got one from an nhl player wishing her good luck this year with school and a hello from her friend. She had tears in her eyes. It was magical!
@BainCapVC
My partners
@mattcharris
Keri
@kevinzhang
and
@merritthummer
have been investing behind the theme of embedded finance. According to them, every sw co. will be a fintech company!
@AirbaseHQ
is a great example of the magic of payments seamlessly integrating into core workflows.
Big day for
@BainCapVC
and our companies in the trucking space. Both Ike and
@FourKites
announce $50M funding rounds. We love the logistics and supply chain space. Lots more to do- space is just getting started.
Congrats to the entire team
@ShipBob
on raising $68M from
@SoftBank
as they continue to provide the leading software-driven fulfillment solution for the fastest growing brands in the world.
@BainCapVC
I love
@stratechery
but Ben's analysis breaks down as it relates to ecommerce and the physical world. Let me elaborate. Amazon's fulfillment network is purpose-built for their needs, not for the needs of a typical Shopify D2C brand. Amazon has ~10M SKUs which requires warehouses
We are so excited to double down and co-lead the growth round in
@RedisLabs
, a company we funded beginning in the Series A years ago. Amazing progress since then!
@EnriqueSalem
@BainCapVC
We're proud to announce our partnership with
@Wonolo
, an incredible company helping hourly workers find work. Our own
@jamisonh
shares why we invested here:
#BackedbyBCV
Thousands of startups and countless entrepreneurs and employees have benefited from the unique expertise and resources that SVB has brought to the startup community. There is an opportunity for new institution to fill this void.
Today: So grateful - to all those who trusted (customers) and supported (investors, families, friends) us. So proud - of all those (founders, teammates) who built this place. So excited - to be joining an incredible company and team!
#TwilioSendGrid
Thrilled about
@Vention_io
$38M round led by
@GeorgianPrtnrs
We've never seen before a complex manufacturing automation sold via a self service bottom up distribution model. Amazing team led by Etienne and Max!
@BainCapVC
Elevated cardiac disease is huge unsolved mystery in South Asian community. Theories include genetics, diet, stress, culture but there isn't scientific evidence to date linking certain factors to the risks within this population. If you are South Asian and want to learn more,
Thrilled to officially launch
@ourhealthstudy
!
Help us identify the reasons why South Asian Americans are at increased risk for heart disease, stroke, diabetes, & others.
A new virtual & community-based nationwide initiative to build the infrastructure.
Not sure we'll ever see this level of tennis between the best in the game. I recall thinking same thing during fed/nadal Wimbledon 5 setter years ago though.
Rubrik is now valued at $3.3 billion as it competes with a SoftBank-backed rival to revitalize the "backwater" data backup and recovery market. I spoke to CEO Bipul Sinha about the race.
We’re excited to announce that we have raised a $70 million Series C investment led by
@sequoia
and
@IVP
, with participation from
@EniacVC
and
@NextViewVC
Learn more:
So thrilled that
@ChristinaPhili5
has joined us as our newest partner to grow our early-stage fintech and commerce practices. She brings a strong product orientation from her experiences as a product leader
@Affirm
We could not be more proud to welcome
@ChristinaPhili5
to our team of partners
@BainCapVC
! A proven operator and angel investor, Christina will work closely with the next gen of fintech and commerce founders.
@bayareawriter
@TechCrunch
has the scoop ⬇️
Monster round from
@getreprise
as we help every technology company embrace PLG with our no code platform for product demos. Glad to welcome
@Iconiq
and
@dougpepper
to the board.
@BainCapVC
1/🔥 We’re so excited to announce our $62M Series B Funding from new investor
@ICONIQGrowth
, with participation from existing investors Bain Capital Ventures [
@BainCapVC
], Accomplice VC [
@Accomplices
], and Glasswing Ventures [
@GlasswingVC
].
The round also includes 👇🏽
Scooters WILL be a part of the core infrastructure of every major city in the world. We at
@BainCapVC
believe
@limebike
is the company that will make this a reality. My partner
@sasmith4
explains why.
The inaugural YC Top Companies List by Revenue is live! This list recognizes the companies in the YC community that achieved the highest net revenue throughout 2022.
The day that many of us who use Office 365 for email and calendar is finally here!
@getclockwise
is now available to Microsoft users—a workforce of over 400 million employees across 40% of businesses.
Try it out and let me know what you think.
Congrats to
@FourKites
on latest funding. Speed and visibility in global supply chains has become a strategic issue for C-suite at most major companies. Amazon resetting rules of competition and customer expectations on speed/convenience.
@BainCapVC
With covid fueling work from home and remote employees, the need for technology to help manage meetings, calendars, and time is more critical than ever. Congrats to
@getclockwise
team on this milestone which was driven by the incredible user growth in 2021!
@voxmatt
@BainCapVC
We’re proud to announce our $45M Series C to help bring a new way of working to more people worldwide. Led by Coatue,
@Atlassian
Ventures participated along with existing investors
@Accel
,
@GreylockVC
&
@BainCapVC
.
1/
@AirbaseHQ
recently announced our Series B of $60M led by
@MenloVentures
. Here is the investment memo that helped us do it in 10 days.
(A thread on why I choose to write long-form memos instead of relying on pitch decks.)
Thank you
@andrewsthoughts
for partnering with us at the Series A.
@wrike
is a pioneer of product-led growth creating a massive company that didn’t require lots of capital. Also huge shout out to
@toddmaclean
and
@indyguha
for spearheading this investment for
@BainCapVC
Today,
@citrix
has announced its intent to acquire
@wrike
!
Citrix's industry leading workspace delivery platform + our leading collaborative work management platform = a strong match as we work together to help enhance productivity for all.
After leading
@AlloyAutomation
's Seed funding in 2021, we're excited to continue supporting them in their Series A, announced today. Congrats on this exciting next chapter.
Read
@alex
@TechCrunch
's interview with co-founders
@saraduit
and
@greggmojica
⬇️
We are launching a search for a new member of our investment team based in NYC! Fantastic role for folks who are connected to early stage entrepreneurial scene in NYC and want to join the venture business. More info below:
@BainCapVC
Today is an exciting day at Bloomreach as we announce the achievement of some major milestones: surpassing $100 million in ARR and exceeding 100% new ARR growth in our second quarter, and adding nearly 100 new brands year to date!
Today is a very special day for
@DocuSign
as it debuts on the
@Nasdaq
. I'm humbled to be an investor and serve on its board, and I look forward to our journey ahead together.
@BainCapVC
#backedbyBCV
We love the warehouse and logistics space! Massive TAMs that are only growing because of ecommerce boom. We backed
@ShipBob
early in 2017 because of the amazing founders, Dhruv Saxena and Divey Gulati and their full stack software approach.
@BainCapVC
ShipBob's co-founder and CEO, Dhruv Saxena, spoke with
@BusinessInsider
about his journey to finding the right investors, pitching as if a bet on ShipBob was a bet on the entire e-commerce ecosystem.
Read more here: (2/2)
Thank you
@iraweiss
for being such a great partner. You, Guy and Tim at
@hydeparkvp
have backed so many great founders in the Midwest and we look forward to many more years of collaboration.
Super excited to have the support of
@gradypb
from
@sequoia
as we enter the next chapter
@finix
! We are looking forward to delighting our customers with major investments in product and international reach! We are just getting started
#embeddedpayments
What are the factors that make a city a great place for startups?🌎
How is tech transforming the physical world?🤖
At the new episode of
@TFR_Pod
,
@ajay_bcv
from
@BainCapVC
covers this and other questions. It's a must-listen for anyone interested in tech and VC!
Link in bio!
We are thrilled to welcome Leslie Crowe to
@BainCapVC
as our Talent Partner. We are excited for our founders to benefit from Leslie's track record at
@MuleSoft
@Dropbox
and
@TripActions
to help with talent, culture and scaling their orgs.
Congrats to Dhruv and Divey, founders at
@ShipBob
. We are thrilled to lead the latest round. “Way To Deliver: Doubling Down On Our Investment In ShipBob” by Ajay
@BainCapVC
Congratulations to entire team
@clarihq
on today's amazing funding milestone!!! To learn more about the journey so far and why this is just the beginning! Clari: Instrumentation For Modern Revenue Operations
@EnriqueSalem
@aaref
@BainCapVC