Jay Simons
Description
Jay Simons serves as a General Partner at Bond, a prominent growth equity firm co-founded by legendary internet analyst Mary Meeker. His transition to venture capital follows a distinguished career as the former President of Atlassian, an award-winning enterprise software company. At Atlassian, Simons played a pivotal role in scaling the company from a private entity to a publicly traded software giant, accumulating invaluable operational experience in product development, sales, marketing, and global expansion. This deep understanding of building and scaling enterprise software businesses significantly informs his investment approach at Bond, where he focuses on identifying and supporting disruptive technology companies poised for significant growth.
Bond primarily targets late-stage growth companies, often those that have already achieved substantial traction and are seeking capital for further expansion, market leadership, or pre-IPO growth. The firm is known for its selective investment strategy, backing companies that demonstrate strong product-market fit, robust business models, and significant potential for long-term impact across various sectors, including enterprise software, fintech, and consumer internet. Bond's investment philosophy is rooted in a data-driven approach, leveraging extensive market research and insights to identify category leaders.
With substantial capital under management, Bond has raised significant funds, including its inaugural fund, Bond I, at $1.25 billion in 2019, followed by Bond II, a $2.5 billion fund, in 2021. These substantial fund sizes enable Bond to make significant capital commitments to its portfolio companies. Typical first check sizes from Bond generally range from $50 million to $200 million, reflecting their focus on providing substantial growth capital to mature startups. Jay Simons' expertise, particularly in the enterprise software space, is instrumental in evaluating and guiding companies within Bond's portfolio, offering strategic insights derived from his experience at Atlassian. His operational background provides a unique value proposition, extending beyond capital provision to include mentorship on scaling operations, go-to-market strategies, and organizational development for high-growth tech companies.
Investor Profile
Jay Simons has backed more than 21 startups, with 1 new investments in the last 12 months alone. The firm has led 1 rounds, about 5% of its total and boasts 2 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Series B rounds (top funding stages).
- Majority of deals are located in United States, Canada, Australia.
- Strong thematic focus on Software, Analytics, Artificial Intelligence (AI).
- Typical check size: $50M – $200M.
Stage Focus
- Seed (43%)
- Series A (38%)
- Series B (10%)
- Series C (10%)
Country Focus
- United States (76%)
- Canada (10%)
- Australia (10%)
- United Kingdom (5%)
Industry Focus
- Software
- Analytics
- Artificial Intelligence (Ai)
- Productivity Tools
- Enterprise Software
- Human Resources
- Saas
- Information Technology
- Video Editing
- Employee Benefits
Frequently Asked Questions
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