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 Jun 2026, B Capital is an active investor, having invested in 204 companies, with 19 new investments in the last 12 months. It primarily invests in Series B 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 C round of Cadence Overall, B Capital portfolio has seen 35 unicorns, 10 IPOs and 25 acquisitions including key companies like Perplexity, Bird and Meesho. 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 105 people including 27 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 204 companies, including 35 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: 1,417 as on May 31, 2026
- Investors: Glade Brook Capital, 1435 Capital and 60 Others
- Latest Funding Round: Angel, Dec 05, 2025, $*****
- Highlight: Editors' Pick
2. 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: 955 as on May 31, 2026
- Investors: Glynn Capital, CRV and 60 Others
- Latest Funding Round: Series D, Aug 04, 2021, $*****
- Highlight: Public
3. 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: Naspers, Fidelity Investments and 40 Others
- Latest Funding Round: Series F, Jan 27, 2025, $*****
- Highlight: Public
4. 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: 875 as on May 31, 2026
- Investors: Glynn Capital, Alrai Capital and 72 Others
- Latest Funding Round: Series E, Jun 16, 2026, $*****
- Highlight: Editors' Pick
Chain of limited service restaurant serving coffee. It offers a variety of flavors, including avocado & marie regal coffee, salted caramel macchiato, and fruity series. It also provides other items like bread, fried chicken, and cookies.
Key facts about Kopi Kenangan
B Capital's Year-on-Year Investment Trends
B Capital has invested in 204 companies over the last 10 years, with an average of 17 new investments annually in the last 10 years. In 2025, it made 39 investments, while as of Jun 2026, it has made 10 investments in this year. Its most recent first time investment was in Cadence and most recent follow-on round was in Star Catcher.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 7 | 3 | 10 |
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 42 investments in Series A stage with an average round size of $29.4M, 40 investments in Series B stage with an average round size of $104M and 29 investments in Seed stage with an average round size of $7.2M.Stage of entry | No. of Investments |
|---|---|
Series A | 42 |
Series B | 40 |
Seed | 29 |
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 179 Tech companies, 149 Enterprise (B2B) companies, 133 Software companies and at least 70 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 102 |
FinTech | 38 |
Consumer | 33 |
High Tech | 31 |
HealthTech | 27 |
Others | 210 |
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 (118), followed by India where it has made 27 investments.Country | No. of Investments |
|---|---|
United States | 118 |
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 10 investments in 2026 so far. Cadence and SolarSquare 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 |
|---|---|---|---|---|---|
Jun 23, 2026 | United States | Series C | 5992 | [+6] | |
Jun 16, 2026 | India | Series C | 3244 | ||
Apr 10, 2026 | United States | Series A | 4584 | [+5] | |
Mar 17, 2026 | United States | Series A | 6935 | [+4] | |
Mar 12, 2026 | United States | Series C | 8838 |
Unicorns in B Capital's Portfolio
B Capital has 35 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 | mrtxibx | ||
71 | Interpretability tooling for generative AI models | 2024 | San Francisco | Series B | bv{tcfw | ||
66 | Provider of blockchain intelligence for detecting crypto-facilitated crime and compliance | 2018 | San Francisco | Series C | xbooagf | ||
66 | Developer of autonomous coding systems | 2025 | New York City | Series B | hsrmuec | ||
71 | Cloud-based AR-enabled field service management suite solutions | 2015 | Lincoln | Series C | lrzabdu |
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 | 5400 | |
Dec 30, 2025 | Jun 22, 2021 | Series C | 7094 | |
Dec 10, 2025 | Sep 29, 2021 | Series F | 6281 | |
Nov 06, 2025 | Oct 30, 2024 | Series C | 7895 | |
Jul 23, 2025 | Apr 19, 2022 | Series B | 7851 |
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Acquired companies in B Capital's Portfolio
25 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 | 2465 | |
Dec 10, 2025 | Apr 12, 2022 | Series D | 9196 | |
Oct 17, 2025 | Dec 21, 2023 | Series E | 2026 | |
Sep 16, 2025 | Feb 24, 2022 | Series A | 8973 | |
Jul 25, 2025 | Sep 14, 2021 | Series A | 3739 |
Team profile of B Capital
B Capital has a team of 105 members including 27 Partners, 7 Venture Partners and 27 Principals located in United States, Singapore and 5 more locations. B Capital's team sits on the board of 8 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 | San Francisco | Nalu Medical, Aktana and 2 more | - | |
Partner | Chicago | - | ||
Partner | San Francisco | - | ||
Partner | United States | - | ||
Partner | New York City | - | ||
Partner | United States | - | ||
Partner | New York City | - | ||
Partner | Delhi | HealthifyMe, Little Black Book and 2 more |
Co-investors of B Capital
Over the past 10 years, 2216 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 1119 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: 633 investors entered a company along with B Capital. These include investors like Alumni Ventures (7 companies).
- Invested after B Capital: A total of 462 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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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
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B Capital Selected as a Registered VC by AMED to Accelerate Japan’s Drug Development EcosystemBusiness Wire•Apr 07, 2026•B Capital
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Axiom, led by 25-year-old Hong LeWan, just raised 1.4 billion.Sina•Apr 06, 2026•B Capital, Madrona, Toyota Ventures, Axiom and 2 others
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Knox Systems Raises $25M in Series A FundingFinSMEs•Mar 17, 2026•Knox Systems, Benchstrength, B Capital, M12 and 4 others
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ORO Labs Raises $100M in Series C FundingFinSMEs•Mar 12, 2026•Norwest, Brighton Park Capital, Oro Labs, B Capital and 3 others
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Tech Lio Secures $30M From Andreessen Horowitz To Revolutionize Enterprise Procurement With AI AgentsBitcoin Ethereum News•Mar 05, 2026•Andreessen Horowitz, Techlio, Lio, XYZ Venture Capital and 17 others
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EV startup Bounce raises $5 million from Accel, B Capital, QualcommThe Economic Times•Mar 02, 2026•Bounce, Accel, B Capital, Qualcomm Ventures and 6 others
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Gushwork AI raises $9 million from Susquehanna Asia VCViestories•Feb 26, 2026•Gushwork, B Capital, SIG Venture Capital, Lightspeed Venture Partners and 8 others
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Code Metal Secures $125M Series B at $1.25B Valuation to Bridge the Trust Gap in AI Code GenerationBusiness Wire•Feb 20, 2026•Code Metal, Salesforce Ventures, Overmatch, B Capital and 7 others
