Profile
Bullpen Capital invests in post-seed companies that have achieved product-market fit, but have not yet proven sufficient market scalability to raise a major VC round. We invest in companies that have an operational plan to hit big milestones within a 12-month period, and we work closely with the companies in our portfolio to develop this early traction into large, sustainable businesses.
Seed financing is now more of a process than an event, with multiple rounds of investment layered into the early stages of startup companies. The "post-seed" stage is often the inflection point of value, the last lean money in before a “super-sized” A round. Bullpen’s strategy aims to provide leverage for founding teams, who can minimize dilution to maintain ownership and control of their companies, while retaining the option of choosing either a quick acquisition or raising major growth capital to go for a big win.
Industry
Region of investment
Bullpen Capital Funds
| Name | Type |
|
|
|
Size | AUM | Launch date |
|---|---|---|---|---|---|---|---|
|
Bullpen Capital Fund V
|
Venture Capital (VC)
|
Media and Entertainment
SaaS
Software
Telecommunications
Technology
|
Pre-seed
Seed
|
North America
|
$5-10 m
|
$130 M
|
October 2020
|
|
Bullpen Capital I, L.P.
|
Venture Capital (VC)
|
Consumer Products
Consumer Services (B2C)
Financial Services
Fintech
SaaS
Software
Cybersecurity
HealthTech
|
Pre-seed
Seed
|
North America
|
$5-10 m
|
$25 M
|
December 2010
|
|
Bullpen Capital III, L.P.
|
Venture Capital (VC)
|
Financial Services
Fintech
Gaming
Marketing and Advertising
Media and Entertainment
Real Estate
SaaS
Software
HealthTech
|
Pre-seed
Seed
|
North America
|
$5-10 m
|
$75 M
|
May 2017
|