Blumberg Capital is an early-stage

venture capital firm Venture capital (often abbreviated as VC) is a form of private equity financing that is provided by venture capital firms or funds to startups, early-stage, and emerging companies that have been deemed to have high growth potential or which hav ...

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 for a business or businesses start-up, usually in exchange for convertible debt or owners ...

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

San Francisco San Francisco (; Spanish language, Spanish for "Francis of Assisi, Saint Francis"), officially the City and County of San Francisco, is the commercial, financial, and cultural center of Northern California. The city proper is the List of Ca ...

with team members in

Tel Aviv Tel Aviv-Yafo ( he, תֵּל־אָבִיב-יָפוֹ, translit=Tēl-ʾĀvīv-Yāfō ; ar, تَلّ أَبِيب – يَافَا, translit=Tall ʾAbīb-Yāfā, links=no), often referred to as just Tel Aviv, is the most populous city in the G ...

Miami Miami ( ), officially the City of Miami, known as "the 305", "The Magic City", and "Gateway to the Americas", is a East Coast of the United States, coastal metropolis and the County seat, county seat of Miami-Dade County, Florida, Miami-Dade C ...

, and

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

. 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 intelligence—perceiving, synthesizing, and inferring information—demonstrated by machines, as opposed to intelligence displayed by animals and humans. Example tasks in which this is done include speech 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. Blumberg Capital has an invitation-only council of CIOs that connects members and portfolio company entrepreneurs to provide introductions, forge partnerships and engage in conversations about business and technology trends. With more than 100 members, the Council meets regularly in San Francisco and New York. 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 Fintech, a portmanteau of "financial technology", refers to firms using new technology to compete with traditional financial methods in the delivery of financial services. Artificial intelligence, blockchain, cloud computing, and big data are r ...

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

Seed A seed is an embryonic plant enclosed in a protective outer covering, along with a food reserve. The formation of the seed is a part of the process of reproduction in seed plants, the spermatophytes, including the gymnosperm and angiospe ...

rounds. Blumberg Capital was the first investor in many of these startups, including

Braze Brazing is a metal-joining process in which two or more metal items are joined together by melting and flowing a filler metal into the joint, with the filler metal having a lower melting point than the adjoining metal. Brazing differs from we ...

, DoubleVerify, Katapult and Trulioo. A number of Blumberg Capital’s growth stage companies such as

Addepar Addepar, Inc. is an American wealth management platform for registered investment advisors, specializing in data aggregation, analytics, and portfolio reporting. Origin In 2004, Peter Thiel founded Palantir Technologies along with several o ...

, 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. It mainly focuses on Internet, software, consumer, and financial technology industries. Background and histo ...

and

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

in “The Big Winners in DoubleVerify’s Public Debut.” Blumberg backed companies including

, BioCatch,

, CaseStack,

Check Point Check Point is an American-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 and security managem ...

, Credorax, Cyvera,

Deep Instinct Deep Instinct is a cybersecurity company that applies deep learning to cybersecurity. The company implements advanced artificial intelligence to the task of preventing and detecting malware. The company was the recipient of the ''Technology Pioneer ...

, DoubleVerify, DSP Group, 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 Fundbox is a working capital platform based in San Francisco that offers credit and payment solutions to small businesses. Founded in 2013, the company innovates technology to help optimize cash flow for small businesses. History The concept fo ...

HootSuite Hootsuite is a social media management platform, created by Ryan Holmes in 2008. The system's user interface takes the form of a dashboard, and supports social network integrations for Twitter, Facebook, Instagram, LinkedIn, Pinterest, YouTube an ...

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 owners. History Founded in 2006 as FundingUtah, , it became FundingUniverse ...

Namogoo Namogoo Technologies Ltd. is a Digital Journey Continuity software as a service platform, that autonomously adapts to each customer visit in real-time, that helps improve online customer journeys and business results for global retail brands. Namo ...

Nutanix Nutanix, Inc. is an American cloud computing company that sells software, cloud services (such as desktops as a service, disaster recovery as a service, and cloud monitoring), and software-defined storage. History Nutanix was founded on September ...

, Parse.ly, SQream DB,

WorkJam WorkJam Co., Ltd. (株式会社ワークジャム ''Work Jam Co., Ltd.'') was a Japanese video game and software development company. Its main headquarters were located in Chiyoda, Tokyo. History WorkJam was founded by Yutaka Kaminaga on Dec ...

, Trulioo, CoverHound, IntSights, Ferrum Health, Slync.io, Wunder Mobility, and Apester ( Heb).

References

External links

Blumberg Capital Website
* {{cite web , url = https://www.youtube.com/watch?v=LNJrDKTkhBw&feature=player_embedded, title = Blumberg Capital on CNN Money: SXSW Through A VC’s Eyes Financial services companies established in 1991 Technology companies based in the San Francisco Bay Area Venture capital firms of the United States