Bling Capital Company Research Report
Company Overview
- Name: Bling Capital
- Mission: Bling Capital aims to help entrepreneurs find and scale product-market fit.
- Foundation: Bling Capital was founded in 2018.
- Key People:
- Ben Ling: General Partner and Founder. Previously a General Partner at Khosla Ventures.
- Kyle Lui: General Partner. Previously a Partner at DCM and has backed multiple unicorn companies.
- Eric Theis: Principal. Former senior software engineer at Flexport.
- Charlie Pinto: Operating Partner. Focused on SaaS, enterprise, and consumer health deals.
- Ash Panchang: Senior Associate. Former Director of Operations at Burrow.
- Headquarters: No specific information on the exact location of the headquarters.
- Number of Employees: No information available.
- Revenue: No information available.
- Core Competence: Bling Capital is known for its expertise in guiding seed stage companies to achieve product-market fit and scaling them up, with a focus on verticals such as consumer tech, internet and mobile, marketplaces, data, fintech, SaaS, and automation.
Products
Bling Capital doesn’t have products in the traditional sense, as it is a venture capital organization. Instead, it offers investment and strategic guidance to startups and emerging companies.
- Investment Focus:
- Consumer Tech: Direct to consumer subscription commerce, social platforms, and tools.
- SaaS: Products targeted at both consumer and business markets.
- Automation: Investments in industries adopting modern technology for operations.
- Fintech: Innovations in financial services for businesses and consumers.
- Marketplaces: Aggregation of fragmented suppliers and customers.
Recent Developments
- Fund IV Announcement: Raised $270 million for Bling Capital Fund IV, which includes a flagship Seed Fund for early-stage investments and an Opportunity Fund for scaling breakthrough companies.
- Portfolio Innovations: Bling Capital has invested in companies such as Grata, Printify, Rippling, Veho, and Vise that are recognized as leaders in their industries.
- Expansion: The investment team has grown to ten members, with a presence across major cities like Miami, San Francisco, New York City, Seattle, Austin, and Los Angeles.
- Partnerships: Formed collaborative ties with notable companies, including Duolingo, Calendly, Grammarly, Notion, OpenAI, Scale AI, and Stripe, by incorporating their experienced leaders into the Product Council.
Investment Portfolio
Notable Investments:
- Lyft: On-demand transportation service.
- Palantir: Develops software to connect data, technologies, humans, and environments.
- Lucidchart: Online tool for diagramming and visualization.
- Udemy: Online learning marketplace.
- Gusto: Payroll and benefits services.
- Square: Credit card processing technology.
- Webflow: Visual website design, building, and launching.
- Vise: Offers AI SaaS tools for RIA.
- Tempo: AI-powered home gym experience.
- Veho: Advanced shipping platform prioritizing customer satisfaction.
Fellowship Program
- Objective: To guide founders from the conceptual stage (zero) to viable businesses (one) and beyond.
- Benefits:
- Up to $500K in startup capital.
- Personalized coaching and strategic guidance.
- Access to a network of engineering and product council experts.
- Integration into the Bling Capital founder community from the onset.
Bling Capital's Unique Approach
- Hands-on Partnership: Collaborates closely with founders to develop from seed stage to a product-market fit.
- Fellowship Opportunities: Fosters high-potential and ambitious founding teams, often offering bespoke program structures as opposed to cohort-based models.
- Focus on AI: Recognizes AI's transformative role across essential sectors like software, healthcare, financial services, consumer internet, and marketplaces.
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