About BFG
BFG is a venture capital firm founded in 2014. It is primarily based out of Boulder, United States. As of Sep 2026, BFG is an active investor, having invested in 35 companies, with 1 new investment 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 Retail to Enterprise Applications and Consumer. Most recently it participated in the $***** Series B round of Bird&Be Overall, BFG portfolio has seen 1 unicorn and 7 acquisitions including key companies like OLIPOP, Birch Benders and Good Day Chocolate. A lot of funds co-invest with BFG, with names like Finn Capital Partners sharing a substantial percentage of its portfolio. BFG has team of 7 people including 4 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Seed & 3 more
Portfolio Acquisitions
Portfolio Unicorns
Portfolio Soonicorns
Deals in last 12 months
BFG's List of Top Investments
BFG has a portfolio of 35 companies, one of which is a Unicorn. Their most notable investments are in Quinn Snacks and MALK Organics.Their portfolio spans across United States and Canada. They have invested in Retail, Enterprise Applications, Consumer and 7 other sectors, across stages such as Series A, Seed and 3 more. Here is the list of top investments by BFG:_1547109176749.png?format=webp&height=120&width=120){kind=logo}
1. OLIPOP
Online brand offering organic drinks for health and wellness. The company develops probiotic drinks formulated with different flavors such as cherry cola, cream soda, and strawberry vanila, and more providing support to digestive health and the gut microbiome.
Key facts about OLIPOP
- Founded Year: 2017
- Location: Oakland (United States)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $243M
- Employee Count: 195 as on Mar 31, 2025
- Investors: Fifth Down Capital, Collab Fund and 56 Others
- Latest Funding Round: Series C, Dec 19, 2024, $*****
- Highlight: Editors' Pick
Key facts about Oats Overnight
- Founded Year: 2017
- Location: Tempe (United States)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $102M
- Employee Count: 267 as on Sep 30, 2026
- Investors: Creative Capital, Asto Consumer Partners and 19 Others
- Latest Funding Round: Series C, Jan 30, 2026, $*****
- Highlight: Editors' Pick
3. Maev
Provider of internet-first brand for nutrition and wellness product for dogs. The products are for daily nutrition and overall wellness. The company offers products like vitamin bars, bone broth, raw meals, among others. The company also offers the product for anxiety and depression in animals and weight management for dogs. The company also offers online information and Q&A platform for dog's health queries to the owners.
Key facts about Maev
- Founded Year: 2018
- Location: New York City (United States)
- Stage: Series A
- Total Funding till date: $19M
- Employee Count: 42 as on Aug 31, 2026
- Investors: Delivery Hero Ventures, Dorm Room Fund and 8 Others
- Latest Funding Round: Series A, Sep 28, 2022, $*****
- Highlight: Editors' Pick
4. Meati
Developer of fungi-based protein meats foods. It uses mycelium as food ingredient that grown indoor using only water, sugar, and nutrients. Its products, like cutlets and steaks, are made using a natural fermentation process that produces nutrient-dense, high-protein, high-fiber meat alternatives.
Key facts about Meati
- Founded Year: 2005
- Location: Boulder (United States)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $489M
- Employee Count: 88 as on Sep 30, 2026
- Investors: Toba Capital, Trinity Capital and 34 Others
- Latest Funding Round: Series C, Apr 19, 2024, $*****
- Highlight: Editors' Pick
Fourth & Heart's Ghee is a brand of ghee butter. Their products include ghee butter, ghee oil, chocolate ghee spread, in varieties of flavors such as Himalayan pink salt, California garlic, and more. The company claims that their products are non-dairy, non-GMO and paleo. The company sells the majority of their products in America. They sell products through their own website.
Key facts about Fourth & Heart
- Founded Year: 2014
- Location: Los Angeles (United States)
- Stage: Series C
- Total Funding till date: $13.1M
- Employee Count: 16 as on Mar 31, 2026
- Investors: Cambridge Companies SPG, SG Credit Partners and 11 Others
- Latest Funding Round: Series C, Mar 07, 2024, $*****
- Highlight: Editors' Pick
BFG's Year-on-Year Investment Trends
BFG has invested in 35 companies over the last 11 years, with an average of 2 new investments annually in the last 10 years. As of Sep 2026, it has made 1 investment in this year. Its most recent first time investment was in Bird&Be and most recent follow-on round was in Oats Overnight.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 0 | 1 |
2025 | 0 | 0 | 0 |
2024 | 0 | 1 | 1 |
2023 | 5 | 0 | 5 |
2022 | 1 | 1 | 2 |
2021 | 3 | 1 | 4 |
2020 | 3 | 0 | 3 |
2019 | 4 | 0 | 4 |
2018 | 0 | 0 | 0 |
2017 | 0 | 1 | 1 |
BFG's Investments by Stage
BFG has made 11 investments in Series A stage with an average round size of $8.68M, 5 investments in Seed stage with an average round size of $7.21M, 2 investments in Series B stage with an average round size of $9.25M, 1 investment in Series C stage with an average round size of $7.6M and 1 investment in Unattributed stage with an average round size of $5M.Stage of entry | No. of Investments |
|---|---|
Series A | 11 |
Seed | 5 |
Series B | 2 |
Series C | 1 |
Unattributed | 1 |
Note: We have considered here, only first round of investments
BFG's Investments by Sector
BFG has a diverse portfolio, with companies operating in the Consumer Goods, Food and Agriculture, Retail, HealthTech and Consumer. Notably, it has invested in 23 Consumer (B2C) companies, 17 Tech companies, 5 Software companies and at least 3 companies focusing on Enterprise (B2B).Sector | No. of Investments |
|---|---|
Consumer Goods | 12 |
Food and Agriculture | 9 |
Retail | 9 |
HealthTech | 5 |
Consumer | 4 |
Others | 11 |
Note: We have considered here, only first round of investments
BFG's Investments by Geography
BFG has made most investments in United States (18), followed by Canada where it has made 2 investments.Country | No. of Investments |
|---|---|
United States | 18 |
Canada | 2 |
Note: We have considered here, only first round of investments
BFG's recent investments
BFG has made 1 investments in 2026 so far - Bird&Be.Here are the most recent investments by BFG:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 22, 2026 | Canada | Series B | 8130 | [+3] | |
Jul 12, 2024 | United States | Series B | 7942 | ||
Jun 21, 2023 | United States | Seed | 6439 | [+5] | |
Jun 16, 2023 | United States | Series A | 9719 | [+2] | |
May 22, 2023 | United States | Series A | 6150 | [+4] |
Unicorns in BFG's Portfolio
BFG has 1 unicorn in its portfolio - OLIPOP. The most recent unicorn in their portfolio is OLIPOP which became a unicorn in 2025, 5 years after BFG first invested in it.Here is a list of unicorns in BFG's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
67 | Online brand offering organic drinks for health and wellness | 2017 | Oakland | Series C | tcaqkww |
Acquired companies in BFG's Portfolio
7 companies from BFG's portfolio have been acquired. The most recent acquisition was Good Day Chocolate in Mar 2023 by Kimmiecandy for $*****.Here are BFG's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Mar 10, 2023 | Jun 30, 2015 | Seed | 3764 | |
Jan 09, 2023 | - | - | 4200 | |
Nov 09, 2022 | Oct 15, 2019 | Series A | 7028 | |
May 05, 2022 | Jan 08, 2021 | Series A | 2530 | |
Nov 04, 2017 | - | - | 3569 |
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Team profile of BFG
BFG has a team of 7 members including 4 Partners and 1 Principal located in United States. BFG's team sits on the board of 1 company.Here is a list of all team members in BFG:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Los Angeles | |||
Partner | Boulder | - | ||
Partner | Litchfield | - | - | |
Partner | Denver | - | - | |
Principal | Boulder | - |
Co-investors of BFG
Over the past 11 years, 133 investors have co-invested in BFG's portfolio companies. This includes funds and angels.
- Invested before BFG: Monogram Capital Partners, Danilo Stern-Sapad and 7 others have invested in rounds before BFG. There is 1 company where Monogram Capital Partners has invested before BFG and 1 company where Danilo Stern-Sapad has invested before BFG.
- Top Co-investors of BFG: 70 investors entered a company along with BFG. These include investors like Finn Capital Partners (2 companies).
- Invested after BFG: A total of 54 investors have invested in BFG's portfolio after their investments. Top Investors include SG Credit Partners (2 companies), Platinum Mile Ventures (1 company) and Priyanka Chopra Jonas (1 company).
Recent News related to BFG
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Oats Overnight: High-Protein Oatmeal Company Closes $35 Million (Series B)Pulse 2.0•Aug 11, 2024•Oats Overnight, Enlightened Hospitality Investments, Sonoma Brands Capital, Impatient and 3 others
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Oats Overnight raises $35 millionFood Business News•Aug 06, 2024•Oats Overnight, Enlightened Hospitality Investments, Sonoma Brands Capital, Impatient and 3 others
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Oats Overnight Announces $35M Raise in Series B CapitalPR Newswire•Jul 29, 2024•Oats Overnight, Sonoma Brands Capital, Impatient, Enlightened Hospitality Investments and 3 others
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BFG Partners Activates $125 Million Third Fund To Back Healthy consumer productsForbes•Feb 26, 2024•BFG
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Stay Ai Raises $15.1M to Develop the Next Generation Subscription & Loyalty Platform for Shopify BrandsACCESSWIRE•Aug 01, 2023•Stay Ai, Vanterra Capital, BFG, RiverPark Ventures and 2 others
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Sunscreen Company Vacation Completes $6M Series A Funding RoundBeauty Packaging•May 22, 2023•Vacation, Silas Capital, True Beauty Ventures, BFG and 1 other
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Oats Overnight Raises $20M+ in FundingFinSMEs•Mar 04, 2023•Oats Overnight, Singh Capital Partners, BFG, Impatient and 6 others
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Maev Raises $10 Million In Milestone Fundraising Round Led By VMG PartnersPRWeb•Sep 28, 2022•Maev, VMG Partners, BFG, Willow and 5 others
