Bloomberg Beta

Bloomberg Beta is an early-stage venture capital firm uniquely backed by Bloomberg L.P., focusing on investments in the future of work, machine learning, artificial intelligence, and data-driven enterprise software. Based in San Francisco, the firm leverages its strategic relationship with Bloomberg to provide portfolio companies with not only capital but also access to a vast network, data resources, and industry expertise. Their investment thesis centers on identifying foundational technologies and innovative business models that will shape how businesses operate and how work is performed.

The firm primarily invests at the pre-seed and seed stages, positioning itself as a crucial first institutional investor for promising startups. Bloomberg Beta's typical initial check sizes range from $250,000 to $2 million, reflecting their commitment to early-stage development and providing substantial initial capital to help founders achieve key milestones. This focused approach allows them to partner closely with entrepreneurs from the very beginning, offering hands-on support and strategic guidance as companies navigate their initial growth phases.

Bloomberg Beta has demonstrated a consistent fundraising strategy, having raised multiple funds, each typically sized at $75 million. Their fifth fund, also $75 million, was announced in 2022, underscoring their sustained commitment to their investment mandate. Over the years, the firm has built an extensive portfolio, making over 300 investments in a diverse range of companies across its core focus areas. This robust activity has also led to a significant number of successful outcomes, with more than 50 exits reported from their portfolio, showcasing their ability to identify and nurture high-potential ventures.