About BDMI
BDMI is a venture capital firm founded in 2000. It is primarily based out of New York City, United States. As of Apr 2025, BDMI has invested in 190 companies. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Consumer and High Tech. Most recently it participated in the $***** Series D round of FloSports Overall, BDMI portfolio has seen 2 unicorns, 1 IPO and 59 acquisitions including key companies like BarkBox, Acorns and Audible. A lot of funds co-invest with BDMI, with names like Greycroft sharing a substantial percentage of its portfolio. BDMI has team of 6 people including 2 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 3 more
Portfolio IPOs
Portfolio Acquisitions
BDMI's List of Top Investments
BDMI has a portfolio of 190 companies, including 2 unicorns. Their most notable investments are in Wibbitz and Podsights.Their portfolio spans across United States, Germany, United Kingdom and 7 more locations. They have invested in Enterprise Applications, Consumer, High Tech and 26 other sectors, across stages such as Seed, Series A and 3 more. Here is the list of top investments by BDMI:1. BarkBox
BarkBox is an online subscription platform offering dog supplies. The products include food, treats, toys, and gifts for dogs. The products are curated and sold in periodic subscription plans.
Key facts about BarkBox
- Founded Year: 2011
- Location: New York City (United States)
- Stage: Acquired
- Total Funding till date: $83M
- Employee Count: 686 as on Dec 31, 2021
- Investors: August Capital, Lerer Hippeau and 24 Others
- Latest Funding Round: Series C, May 17, 2016, $*****
- Highlight: Acquired
2. FloSports
Global independent sports media company. The company owns exclusive broadcast rights to in-demand events and broadcasts various hours of live sporting events each year. It features webcasts per sport, documentary series, and athletes ranked within their respective sports.
Key facts about FloSports
- Founded Year: 2006
- Location: Austin (United States)
- Stage: Series D
- Total Funding till date: $100M
- Employee Count: 658 as on Mar 31, 2026
- Investors: Causeway, SVB and 8 Others
- Latest Funding Round: Series D, Apr 01, 2025, $*****
- Highlight: Editors' Pick
3. Acorns
App-based platform for spare change investment. The company allows users to collect spare change from everyday transactions. It rounds off the user's transactions to the nearest dollar and invests it. It also gives customers discretion over the type of portfolio they want to create, with five alternatives to pick from. It also provides money-saving education tools.
Key facts about Acorns
- Founded Year: 2012
- Location: Irvine (United States)
- Valuation: $*****
- Stage: Series F
- Total Funding till date: $588M
- Employee Count: 585 as on Mar 31, 2026
- Investors: Kaplan Group Investments, Owl Rock and 69 Others
- Latest Funding Round: Series F, Mar 09, 2022, $*****
- Highlight: Editors' Pick
4. Audible
SaaS-driven digital audiobook reading platform. The platform produces and distributes audio books, radio broadcasts, speeches, and stand-up comedy videos and drama shows. It enables users to stream and read books based on various genres such as fiction, mysteries & thrillers, sci-fi & fantasy, and more through a web or mobile app. Users can search for books & authors based on the keywords. It offers freemium packages. The app is available for iOS and Android devices.
Key facts about Audible
- Founded Year: 1995
- Location: Newark (United States)
- Stage: Acquired
- Total Funding till date: $6M
- Employee Count: 1,001 - 5,000 as on Jul 01, 2024
- Investors: Apax, Bertelsmann and 4 Others
- Latest Funding Round: Series A, 2004, $*****
- Highlight: Acquired
5. Omaze
Online fundraising platform for donation-based charities. Non Profit organizations create campaigns and upload them on the platform. Interested users select a campaign and donate an amount. Omaze uses a larger share of funds raised for charity purposes. Some of the campaigns include a trip to SpaceX’s Singularity University headquarters, or a hang-out session with the cast of It’s Always Sunny In Philadelphia. Also, offers production of all of the videos announcing the campaigns, as well as the back-end details around analytics, social distribution, and of course, transactions.
Key facts about Omaze
- Founded Year: 2012
- Location: Los Angeles (United States)
- Stage: Series C
- Total Funding till date: $127M
- Employee Count: 41 as on May 05, 2025
- Investors: Savano Capital Partners, Finger Group and 43 Others
- Latest Funding Round: Series C, Sep 16, 2021, $*****
- Highlight: Editors' Pick
BDMI's Year-on-Year Investment Trends
BDMI has invested in 190 companies over the last 26 years, with an average of 6 new investments annually in the last 10 years. In 2025, it made 2 investments. Its most recent first time investment was in Spikerz and most recent follow-on round was in FloSports.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 1 | 1 | 2 |
2024 | 5 | 0 | 5 |
2023 | 9 | 1 | 10 |
2022 | 9 | 2 | 11 |
2021 | 6 | 3 | 9 |
2020 | 7 | 2 | 9 |
2019 | 2 | 2 | 4 |
2018 | 3 | 3 | 6 |
2017 | 7 | 3 | 10 |
BDMI's Investments by Stage
BDMI has made 47 investments in Seed stage with an average round size of $3.13M, 35 investments in Series A stage with an average round size of $8.08M, 18 investments in Series B stage with an average round size of $14.1M, 3 investments in Series C stage with an average round size of $17.3M and 1 investment in Series D stage with an average round size of $7.5M.Stage of entry | No. of Investments |
|---|---|
Seed | 47 |
Series A | 35 |
Series B | 18 |
Series C | 3 |
Series D | 1 |
Note: We have considered here, only first round of investments
BDMI's Investments by Sector
BDMI has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, Media & Entertainment, Retail and High Tech. Notably, it has invested in 163 Tech companies, 100 Enterprise (B2B) companies, 92 Software companies and at least 87 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 49 |
Consumer | 27 |
Media & Entertainment | 24 |
Retail | 15 |
High Tech | 9 |
Others | 63 |
Note: We have considered here, only first round of investments
BDMI's Investments by Geography
BDMI has made most investments in United States (75), followed by Germany where it has made 14 investments.Country | No. of Investments |
|---|---|
United States | 75 |
Germany | 14 |
United Kingdom | 6 |
Spain | 4 |
Canada | 2 |
Others | 3 |
Note: We have considered here, only first round of investments
BDMI's recent investments
BDMI has not made any investment in 2026 so far.Here are the most recent investments by BDMI:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Apr 01, 2025 | United States | Series D | 8102 | [+4] | |
Jan 16, 2025 | United States | Seed | 6024 | [+3] | |
Sep 27, 2024 | United States | Series A | 3497 | ||
Jun 27, 2024 | Germany | Seed | 8188 | [+4] | |
Jun 18, 2024 | United States | Seed | 7747 | [+4] |
Unicorns in BDMI's Portfolio
BDMI has 2 unicorns in its portfolio - Rain and Acorns. The most recent unicorn in their portfolio is Rain. It became a unicorn in 2026.Here is a list of unicorns in BDMI's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
52 | Stablecoin-powered cards and payments infrastructure for a fluid financial system | 2021 | Brooklyn | Series C | tigvbqy | ||
78 | App-based platform for spare change investment | 2012 | Irvine | Series F | pqapdgi |
IPOs and Publicly Listed companies in BDMI's Portfolio
1 of BDMI's portfolio company became public - Bark & Co. It got listed on the New York Stock Exchange (NYSE), in Dec 2020.Here are BDMI's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Dec 18, 2020 | Jul 11, 2014 | Series B | 3632 |
Acquired companies in BDMI's Portfolio
59 companies from BDMI's portfolio have been acquired. The most recent acquisition were Starglow Media in Jan 2026 by SuperAwesome.Here are BDMI's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jan 13, 2026 | - | - | 2705 | |
Dec 11, 2025 | Feb 28, 2024 | Series A | 4173 | |
Nov 10, 2025 | - | - | 8468 | |
Jul 20, 2025 | - | - | 6040 | |
May 08, 2025 | Jan 27, 2022 | Series A | 7205 |
Team profile of BDMI
BDMI has a team of 6 members including 2 Partners and 3 Principals located in United States. BDMI's team does not sit on the board of any company as of now.Here is a list of all team members in BDMI:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Brooklyn | - | ||
Partner | New York City | - | ||
Principal | New York City | - | ||
Principal | - | - | ||
Principal | - | - |
Co-investors of BDMI
Over the past 26 years, 663 investors have co-invested in BDMI's portfolio companies. This includes funds and angels.
- Invested before BDMI: Lerer Hippeau, Techstars and 148 others have invested in rounds before BDMI. There are 4 companies where Lerer Hippeau has invested before BDMI and 4 companies where Techstars has invested before BDMI.
- Top Co-investors of BDMI: 336 investors entered a company along with BDMI. These include investors like Greycroft (15 companies).
- Invested after BDMI: A total of 177 investors have invested in BDMI's portfolio after their investments. Top Investors include Kfw (4 companies), Time Warner Investments (3 companies) and August Capital (2 companies).
Recent News related to BDMI
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Hark Raises $3.5M Seed Round to Reinvent Voice-of-Customer Programs for the AI EraPR Newswire•Jun 18, 2024•Hark, Oceans, Converge, Atman and 3 others
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tvScientific Announces $9.4 Million Convertible Note led by S4S Ventures to Accelerate Growth and DevelopmentThe Tech Outlook•Feb 28, 2024•tvScientific, S4S Ventures, BDMI, Progress Ventures and 7 others
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Certa raises more than $35 million for oversubscribed Series B to counter third-party management issuesBusiness Wire•Sep 08, 2023•Certa, Fin Capital, Vertex Ventures, Tru Arrow Partners and 7 others
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Swiss B2B fintech GenTwo raises $15 millionFinextra•Sep 05, 2023•GenTwo, Point72 Ventures, Certa, Fin Capital and 4 others
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Wand.app Raises $4.2M Seed Funding to scale its AI-powered toolSilicon Valley Journals•Aug 24, 2023•Wand, OSV, Betaworks, Charge Ventures and 4 others
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Tracer Closes $18.1M Series A FundingFinSMEs•Aug 11, 2023•Tracer, NewRoad Capital Partners, Progress Ventures, BDMI and 4 others
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Cohart’s art marketplace makes buying and selling accessible for any kind of art loverTechCrunch+•Aug 02, 2023•Cohart, Courtside Ventures, Slauson, BDMI and 3 others
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DeFi Credit Protocol Concordia Raises $4M in Round Led by Tribe, Kraken VenturesCoinDesk•Jun 16, 2023•Concordia, Tribe Capital, Krakenventures, Cypher Capital and 10 others
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Spectrm Raises $6.5M in FundingFinSMEs•Jun 07, 2023•Spectrm, 3TS Capital Partners, LVH Global, B.D.M. International and 3 others
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