About B Capital
B Capital is a venture capital firm founded in 2015. It is primarily based out of Manhattan Beach, United States. As of Jul 2026, B Capital is an active investor, having invested in 208 companies, with 20 new investments in the last 12 months. It primarily invests in Series A round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and FinTech. Most recently it participated in the $***** Series A round of Flourish Health Overall, B Capital portfolio has seen 37 unicorns, 10 IPOs and 26 acquisitions including key companies like Perplexity, Meesho and Flutterwave. A lot of funds co-invest with B Capital, with names like Alumni Ventures sharing a substantial percentage of its portfolio. B Capital has team of 80 people including 19 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Series B & 9 more
Portfolio IPOs
Portfolio Acquisitions
Portfolio Unicorns
Deals in last 12 months
B Capital's List of Top Investments
B Capital has a portfolio of 208 companies, including 37 unicorns. Their most notable investments are in INTURN and Twlm.Their portfolio spans across United States, India, China and 16 more locations. They have invested in Enterprise Applications, High Tech, FinTech and 35 other sectors, across stages such as Series A, Series B and 9 more. Here is the list of top investments by B Capital:1. Perplexity
AI-powered search and answer generation. It enables users to ask complex questions and receive concise, well-sourced answers synthesized from multiple web sources. The platform combines natural language understanding with real-time web data to provide accurate, context-aware responses.
Key facts about Perplexity
- Founded Year: 2022
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $1.72B
- Employee Count: 1,389 as on Jun 30, 2026
- Investors: New Enterprise Associates, T. Rowe Price and 61 Others
- Latest Funding Round: Angel, Dec 05, 2025, $*****
- Highlight: Editors' Pick
2. Meesho
Online marketplace providing a platform for individuals and small businesses to sell products across various categories. It is an online shopping platform offering a wide range of products, including fashion, electronics, and home essentials, at affordable prices. It enables individuals to start their online stores without any investment and offers a platform for small businesses to sell their products.
Key facts about Meesho
- Founded Year: 2015
- Location: Bengaluru (India)
- Annual Revenue: ₹1,000+ Cr as on Mar 31, 2025
- Stage: Public
- Total Funding till date: $1.36B
- Employee Count: 2,082 as on Mar 31, 2025
- Investors: SoftBank Group, Elevation Capital and 40 Others
- Latest Funding Round: Series F, Jan 27, 2025, $*****
- Highlight: Public
3. Flutterwave
Provider of payment solutions for online and physical business transactions. It offers tools for accepting payments, payouts, transfers, and creating online stores. The company provides application programming interfaces for developers to integrate payment functionalities. It also facilitates tuition payments and event ticket purchases.
Key facts about Flutterwave
- Founded Year: 2016
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $489M
- Employee Count: 882 as on Jun 30, 2026
- Investors: Glynn Capital, Insight Partners and 73 Others
- Latest Funding Round: Series E, Jul 07, 2026, $*****
- Highlight: Editors' Pick
4. Bird
App-based rental platform providing self-drive electric kick-scooters. Users can locate, and reserve electric kick-scooters through the app. They can unlock vehicles by scanning the QR codes, ride the scooters, and park in legal parking spaces at the end of the ride. The kick-scooters include self-reporting damage sensors, self-sealing tires, dual anti-tipping kickstands, and anti-theft encryption. App is available for both Android and iOS devices.
Key facts about Bird
- Founded Year: 2017
- Location: Miami (United States)
- Annual Revenue: $100M - $500M as on Dec 31, 2022
- Stage: Public
- Total Funding till date: $765M
- Employee Count: 951 as on Jun 30, 2026
- Investors: Glynn Capital, 2B Global and 60 Others
- Latest Funding Round: Series D, Aug 04, 2021, $*****
- Highlight: Public
5. FalconX
Online platform offering cryptocurrency trading and investment solutions for institutions. It offers a fully comprehensive solution built specifically for institutions. It enables users to buy and sell digital assets through encrypted networks. It also provides trade execution, trading insights, market updates, crypto industry news, credit and treasury management, market making, and more.
Key facts about FalconX
- Founded Year: 2018
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $430M
- Employee Count: 630 as on Jun 30, 2026
- Investors: Adams Street Partners, Thoma Bravo and 26 Others
- Latest Funding Round: Series D, Jun 22, 2022, $*****
- Highlight: Editors' Pick
B Capital's Year-on-Year Investment Trends
B Capital has invested in 209 companies over the last 10 years, with an average of 18 new investments annually in the last 10 years. In 2025, it made 39 investments, while as of Jul 2026, it has made 14 investments in this year. Its most recent first time investment was in Flourish Health and most recent follow-on round was in Star Catcher.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 11 | 3 | 14 |
2025 | 23 | 16 | 39 |
2024 | 13 | 8 | 21 |
2023 | 7 | 12 | 19 |
2022 | 38 | 14 | 52 |
2021 | 46 | 16 | 62 |
2020 | 19 | 9 | 28 |
2019 | 4 | 6 | 10 |
2018 | 9 | 2 | 11 |
2017 | 7 | 2 | 9 |
B Capital's Investments by Stage
B Capital has made 44 investments in Series A stage with an average round size of $30.1M, 41 investments in Series B stage with an average round size of $103M and 30 investments in Seed stage with an average round size of $7.39M.Stage of entry | No. of Investments |
|---|---|
Series A | 44 |
Series B | 41 |
Seed | 30 |
Series C | 28 |
Series D | 17 |
Others | 19 |
Note: We have considered here, only first round of investments
B Capital's Investments by Sector
B Capital has a diverse portfolio, with companies operating in the Enterprise Applications, FinTech, Consumer, High Tech and HealthTech. Notably, it has invested in 182 Tech companies, 151 Enterprise (B2B) companies, 135 Software companies and at least 72 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 104 |
FinTech | 38 |
Consumer | 34 |
High Tech | 33 |
HealthTech | 28 |
Others | 211 |
Note: We have considered here, only first round of investments
B Capital's Investments by Geography
B Capital has made most investments in United States (122), followed by India where it has made 27 investments.Country | No. of Investments |
|---|---|
United States | 122 |
India | 27 |
Singapore | 9 |
Indonesia | 7 |
Canada | 3 |
Others | 16 |
Note: We have considered here, only first round of investments
B Capital's recent investments
B Capital has made 14 investments in 2026 so far. Flourish Health and Alpha Design AI are the latest among them.Here are the most recent investments by B Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jul 27, 2026 | United States | Series A | 3113 | [+1] | |
Jul 08, 2026 | United States | Series A | 4042 | ||
Jul 08, 2026 | United States | Series B | 3844 | [+1] | |
Jun 24, 2026 | United States | Seed | 2441 | [+8] | |
Jun 23, 2026 | United States | Series C | 3766 | [+6] |
Unicorns in B Capital's Portfolio
B Capital has 37 unicorns in its portfolio - Code Metal, Goodfire, TRM Labs and others. The most recent unicorn in their portfolio is Code Metal. It became a unicorn in 2026.Here is a list of unicorns in B Capital's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
65 | Provider of AI-powered solutions for automated code translation and edge deployment | 2023 | Boston | Series B | knpxskd | ||
71 | Interpretability tooling for generative AI models | 2024 | San Francisco | Series B | xtpfmy{ | ||
66 | Provider of blockchain intelligence for detecting crypto-facilitated crime and compliance | 2018 | San Francisco | Series C | zshdmzp | ||
63 | Manufacturer of multiple renewable energy, electric vehicles, and consumer electronics products | 2013 | - | San Francisco | Series D | frenyjx | |
47 | Platform offering scalable GPU cloud solutions tailored for enterprises and AI developers | 2023 | Burlingame | Series B | piwaerh |
IPOs and Publicly Listed companies in B Capital's Portfolio
10 of B Capital's portfolio companies have become public. Fervo Energy got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in May 2026 at marketcap of $7.45B and In Silico got listed on the Hong Kong Exchanges (HKG) at marketcap of $1.72B.Here are B Capital's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 13, 2026 | Dec 04, 2025 | Series E | 8121 | |
Dec 30, 2025 | Jun 22, 2021 | Series C | 5985 | |
Dec 10, 2025 | Sep 29, 2021 | Series F | 8298 | |
Nov 06, 2025 | Oct 30, 2024 | Series C | 1526 | |
Jul 23, 2025 | Apr 19, 2022 | Series B | 2981 |
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Acquired companies in B Capital's Portfolio
26 companies from B Capital's portfolio have been acquired. The most recent acquisition was Faeth Therapeutics in Feb 2026 by Sensei Biotherapeutics for $*****.Here are B Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Feb 18, 2026 | Aug 01, 2025 | Series A | 7256 | |
Dec 10, 2025 | Apr 12, 2022 | Series D | 3138 | |
Oct 17, 2025 | Dec 21, 2023 | Series E | 8397 | |
Sep 16, 2025 | Feb 24, 2022 | Series A | 7294 | |
Jul 25, 2025 | Sep 14, 2021 | Series A | 9970 |
Team profile of B Capital
B Capital has a team of 80 members including 19 Partners, 5 Venture Partners and 23 Principals located in United States, Singapore and 4 more locations. B Capital's team sits on the board of 2 companies.Here is a list of top team members in B Capital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Singapore | - | ||
Partner | Los Angeles | - | ||
Partner | Chicago | - | ||
Partner | United States | - | ||
Partner | United States | - | ||
Partner | New York City | - | ||
Partner | Delhi | HealthifyMe, Little Black Book and 2 more | ||
Partner | San Francisco | - | ||
Partner | Los Altos | - |
Co-investors of B Capital
Over the past 10 years, 2245 investors have co-invested in B Capital's portfolio companies. This includes funds and angels.
- Invested before B Capital: Y Combinator, Peak XV Partners and 1132 others have invested in rounds before B Capital. There are 19 companies where Y Combinator has invested before B Capital and 9 companies where Peak XV Partners has invested before B Capital.
- Top Co-investors of B Capital: 645 investors entered a company along with B Capital. These include investors like Alumni Ventures (7 companies).
- Invested after B Capital: A total of 466 investors have invested in B Capital's portfolio after their investments. Top Investors include Goldman Sachs (5 companies), Wellington (4 companies) and HSBC (4 companies).
Recent News related to B Capital
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MS Dhoni Invests in SolarSquare's $53 Million Series C Funding RoundViestories•Jul 21, 2026•SolarSquare, B Capital, Good Capital, Lowercarbon and 1 other
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B Capital-led Consortium to Acquire Russell Investments for $2.8 BillionPrivatebankerinternational•Jul 10, 2026•B Capital, Russell Investment Group, TA Associates, Reverence Capital Partners and 2 others
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Seltz raises $12.5 million Seed round for AI web retrieval technologyTeleborsa•Jun 24, 2026•Speedinvest, B Capital, B Capital, Seltz
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Shardul Amarchand Mangaldas advises SolarSquare on $53 million Series C fundraiseBar & Bench•Jun 19, 2026•SolarSquare, B Capital
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SolarSquare Secures $53 Million in Series C Funding Led by B CapitalEntrackr•Jun 16, 2026•SolarSquare, B Capital, Lowercarbon, Elevation Capital and 10 others
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SolarSquare in talks to raise up to $60M as India’s rooftop solar market draws major VC interestTechCrunch+•May 23, 2026•SolarSquare, B Capital, Lightspeed Venture Partners, Elevation Capital and 1 other
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Star Catcher Industries Raises $65M in Series A FundingFinSMEs•May 12, 2026•Star Catcher, B Capital, Helena, Shield Capital and 6 others
