Blumberg Capital is an early-stage

venture capital firm Venture capital (VC) is a form of private equity financing provided by firms or funds to startup, early-stage, and emerging companies, that have been deemed to have high growth potential or that have demonstrated high growth in terms of number ...

that partners with entrepreneurs to innovate and build technology companies. The firm specializes in leading Seed and Series A rounds collaborating with

angel investor An angel investor (also known as a business angel, informal investor, angel funder, private investor, or seed investor) is an individual who provides capital to a business or businesses, including startups, usually in exchange for convertible de ...

s, other venture capital firms and strategic partners. Blumberg Capital is headquartered in

San Francisco San Francisco, officially the City and County of San Francisco, is a commercial, Financial District, San Francisco, financial, and Culture of San Francisco, cultural center of Northern California. With a population of 827,526 residents as of ...

with team members in

Tel Aviv Tel Aviv-Yafo ( or , ; ), sometimes rendered as Tel Aviv-Jaffa, and usually referred to as just Tel Aviv, is the most populous city in the Gush Dan metropolitan area of Israel. Located on the Israeli Mediterranean coastline and with a popula ...

Miami Miami is a East Coast of the United States, coastal city in the U.S. state of Florida and the county seat of Miami-Dade County, Florida, Miami-Dade County in South Florida. It is the core of the Miami metropolitan area, which, with a populat ...

, and

New York New York most commonly refers to: * New York (state), a state in the northeastern United States * New York City, the most populous city in the United States, located in the state of New York New York may also refer to: Places United Kingdom * ...

. Blumberg Capital was founded in 1991 by David J. Blumberg. The firm's investments typically range from $500,000 to $5-million with additional amounts reserved for follow-on funding. Blumberg Capital invests in early stage capital efficient technology companies in North America, Israel and Europe which are automating the white collar economy by merging big data and

artificial intelligence Artificial intelligence (AI) is the capability of computer, computational systems to perform tasks typically associated with human intelligence, such as learning, reasoning, problem-solving, perception, and decision-making. It is a field of re ...

(AI), integrating IT and healthcare, transforming the automotive industry from a product to service, FinTech, PropTech, InsureTech, building data businesses with growing barriers to entry, such a marketplaces, orchestrating and simplifying cybersecurity operations; addressing new challenges, innovating in new domains, including: Deep tech, IoT, drones and space. On September 17, 2021, Blumberg Capital announced its fifth flagship fund, Blumberg Capital Fund V, an early stage fund to help entrepreneurs use AI, big data, and other transformative technologies to "empower individuals, businesses and society." The fund raised $225M, the most of any its four previous funds, bringing Blumberg Capital's total amount raised to over $750M. Blumberg Capital Fund V (BCV) portfolio companies include Ferrum Health, Slync.io, and Zone7, among others in the

fintech Financial technology (abbreviated as fintech) refers to the application of innovative technologies to products and services in the financial industry. This broad term encompasses a wide array of technological advancements in financial services, ...

, health tech, supply chain and logistics industries and beyond. Out of 16 new BCV companies, 12 were initially

Seed In botany, a seed is a plant structure containing an embryo and stored nutrients in a protective coat called a ''testa''. More generally, the term "seed" means anything that can be Sowing, sown, which may include seed and husk or tuber. Seeds ...

rounds. Blumberg Capital was the first investor in many of these startups, including Braze, DoubleVerify, Katapult and Trulioo. A number of Blumberg Capital’s growth stage companies such as Addepar, Bento, Braze, DoubleVerify, IntSights, Katapult, Trulioo and Yotpo achieved major milestones or made successful exits in 2021. The firm was named among three big winners, alongside

Tiger Global Tiger Global Management, LLC (often referred to as Tiger Global and formerly known as Tiger Technology) is an American investment firm founded by Chase Coleman III, a former Tiger Management employee under Julian Robertson, in March 2001. It ma ...

and

Providence Equity Partners Providence Equity Partners L.L.C. is a specialist private equity investment firm focused on media, communications, education, and technology investments across North America and Europe. The firm specializes in growth-oriented private equity inves ...

in “The Big Winners in DoubleVerify’s Public Debut.” Blumberg backed companies including Addepar, BioCatch, Braze, CaseStack,

Check Point Check Point Software Technologies Ltd. is an Israeli multinational provider of software and combined hardware and software products for IT security, including network security, endpoint security, cloud security, mobile security, data security ...

, Credorax, Cyvera, Deep Instinct, DoubleVerify,

DSP Group DSP Group, Inc. was an American company that manufactured chipsets for VoIP, multimedia, and digital cordless applications. Founded in 1987 with headquarters in San Jose, California, DSP Group employed over 400 people at three US sites and office ...

, Easyknock, efi,

eVoice eVoice is a telecommunications service owned by j2 Global, Inc. (NASDAQ:JCOM). The company manages incoming and outgoing calls using virtual phone numbers. The service was initially founded by Wendell Brown, Mark Klein, and Craig Taro Gold in ...

, Fundbox,

HootSuite Hootsuite is a Online presence management, social media management platform, created by Ryan Holmes in 2008. The system's user interface takes the form of a dashboard (web administration), dashboard, and supports social network integrations for T ...

Lendio Utah-based Lendio (formerly Funding Universe), founded in 2011 by Brock Blake and Trent Miskin, is a free online loan marketplace in the U.S. targeting small business Small businesses are types of corporations, partnerships, or sole propriet ...

, Namogoo,

Nutanix Nutanix, Inc. is an American cloud computing company that sells software for datacenters and hybrid multi-cloud deployments. This includes software for virtualization, Kubernetes, database-as-a-service, software-defined networking, security, as w ...

, Parse.ly, SQream DB, WorkJam, Trulioo, CoverHound, IntSights, Ferrum Health, Slync.io, Wunder Mobility, and Apester ( Heb).

References

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External links

Blumberg Capital Website
Financial services companies established in 1991 Technology companies based in the San Francisco Bay Area Venture capital firms of the United States