Helping founders find product market fit
Today, we’re thrilled to announce that we’ve raised $270M for Bling Capital Fund IV, which includes our flagship Seed Fund to back founders at the earliest stages, and our Opportunity Fund to support breakout companies as they scale.
As a firm, our goal is straightforward: find exceptionally ambitious founders and partner with them for the long run to find and scale product-market fit. We believe that it is a great time to be an entrepreneur, and we are more excited than ever to invest in the next generation of technology startups. It is also our perspective that AI will touch nearly every industry and sector, including our core focus areas: vertical and horizontal software, healthcare, financial services, consumer internet, and marketplaces.
Since launching Bling Capital in 2018, we’ve backed 170 companies, many of which are now emerging leaders. Grata, Printify, Rippling, Veho, and Vise highlight portfolio companies that are already making a name in their respective industries.
With every major existing LP recommitting to Fund IV, our fund was substantially oversubscribed. We’ve deliberately kept our fund size small so we could double down on backing founders at the earliest stages and partnering with them to build great products for venture scale markets. As with each new fund, we’ve added dozens of product council members including product, engineering and GTM leaders at companies such as Calendly, Duolingo, Grammarly, Notion, OpenAI, Scale AI, and Stripe.
We've expanded our investment team to ten members, with a presence in Miami, San Francisco, New York City, Seattle, Austin, and Los Angeles. Everyone on our team has been a founder or operator, with backgrounds in product management, software engineering, data science, financial services and healthcare. Charlie Pinto has been elevated to Operating Partner, Eric Theis to Principal, and Ash Panchang to Senior Associate.
To our portfolio company founders and employees, product council members and LPs, we appreciate your partnership in building the future.
Ben, Kyle & the Bling Capital team