About BIP Capital
BIP Capital is a venture capital firm founded in 2007. It is primarily based out of Atlanta, United States. As of Sep 2019, BIP Capital has invested in 29 companies. 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 HealthTech and FinTech. Most recently it participated in the $***** Series A round of Proem Behavioral Health Overall, BIP Capital portfolio has seen 14 acquisitions including key companies like Tropical Smoothie Cafe, Strata Decision and Ipreo. A lot of funds co-invest with BIP Capital, with names like Croft & Bender sharing a substantial percentage of its portfolio. BIP Capital has team of 9 people including 6 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Seed & 3 more
Portfolio Acquisitions
Portfolio Soonicorns
BIP Capital's List of Top Investments
BIP Capital has a portfolio of 29 companies. Their most notable investments are in Rhyme and Monsieur.Their portfolio spans across and United States. They have invested in Enterprise Applications, HealthTech, FinTech and 11 other sectors, across stages such as Series A, Seed and 3 more. Here is the list of top investments by BIP Capital:
Fast-casual restaurant inspiring better with smoothies, food, and community. The company is dedicated to inspiring a healthier lifestyle through amazing food and smoothies with a tropical twist. It operates as a franchise-based system, offering opportunities for individuals to own and operate their own restaurants. The brand focuses on providing better-for-you options, including smoothies, sandwiches, salads, flatbreads, and wraps. It emphasizes community involvement, partnering with organizations like No Kid Hungry to address childhood hunger. The company's mission is to inspire better in the communities it serves, creating a destination for flavor and fun. The business model is B2C, focusing on providing a positive customer experience and promoting a healthier lifestyle.
Key facts about Tropical Smoothie Cafe
- Founded Year: 1997
- Location: Atlanta (United States)
- Stage: Acquired
- Employee Count: 9,057 as on May 31, 2026
- Investors: FOD Capital, Panoramic Ventures and 4 Others
- Latest Funding Round: Series A, 2012, $*****
- Highlight: Acquired
2. ChartSpan
ChartSpan, is a patient-facing personal health record tool, which can import records in various electronic formats, can convert paper records into structured data using machine learning and optical character recognition. Using the app patients can request records from providers and send records to others. ChartSpan provides patients, hospitals, clinics, insurers, pharma, public health agencies, researchers and big data companies access to real-time information and meaningful interpretation of healthcare data.
Key facts about ChartSpan
- Founded Year: 2012
- Location: Greenville (United States)
- Stage: Series A
- Total Funding till date: $37.2M
- Employee Count: 224 as on May 31, 2026
- Investors: Blue Heron Capital, Cypress Growth Capital and 7 Others
- Latest Funding Round: Series A, Jun 06, 2019, $*****
- Highlight: Editors' Pick
Strata Decision provides a cloud-based financial analytics and performance platform to healthcare providers for financial planning, decision support and continuous cost improvement. Claims that the company's customer base consists of more than 1,000 hospitals. The company’s StrataJazz application is a single integrated software platform that includes modules for capital planning, contract modeling, cost accounting, cost management, decision support, financial forecasting, management reporting, operational budgeting and performance improvement and strategic planning.
Key facts about Strata Decision
- Founded Year: 1996
- Location: Chicago (United States)
- Stage: Acquired
- Total Funding till date: $5.4M
- Employee Count: 719 as on May 31, 2026
- Investors: Council Capital, VSS and 3 Others
- Latest Funding Round: Unattributed, Apr 23, 2015, $*****
- Highlight: Acquired
PlayOn Sports is the nation’s premier high school sports media company and is composed of six operating divisions: the NFHS Network, PlayOn Sports Properties, PlayOn Sports Technology, PlayOn Sports Productions, School Broadcast Program, and Digital Scout. They are the rights holder, producer, and aggregator of high school sports events distributed across television, the Internet, and mobile devices. By combining State Athletic Association postseason content with the regular season events of member schools, Playon sports provides viewers the high school sports content available and marketers with a unique multimedia platform solution to reach teens, young adults, and families.
Key facts about PlayOn Sports
- Founded Year: 2008
- Location: Atlanta (United States)
- Stage: Series D
- Total Funding till date: $87.9M
- Employee Count: 25 as on Dec 06, 2025
- Investors: Tiptana, Disney Accelerator and 14 Others
- Latest Funding Round: Series D, Feb 01, 2022, $*****
- Highlight: Editors' Pick
5. Microf
Online platform for rent-to-own specialty financing. It enables consumers to restore their heating/cooling needs by providing customized periodic payment options through a network of dealers. Enrolled dealers can submit the consumer application through the dealer portal. It funds the dealers after the completion of the signed rental-purchase agreement.
Key facts about Microf
- Founded Year: 2010
- Location: Albany (United States)
- Stage: Seed
- Total Funding till date: $19M
- Employee Count: 126 as on May 31, 2026
- Investors: Atalaya Capital Management, Rotunda Capital Partners and 7 Others
- Latest Funding Round: Conventional Debt, Feb 14, 2022, $*****
- Highlight: Editors' Pick
BIP Capital's Year-on-Year Investment Trends
BIP Capital has invested in 29 companies over the last 16 years, with an average of 1 new investment annually in the last 10 years. Its most recent first time investment was in Proem Behavioral Health and most recent follow-on round was in Inked Brands.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 0 | 0 | 0 |
2022 | 0 | 0 | 0 |
2021 | 0 | 0 | 0 |
2020 | 0 | 0 | 0 |
2019 | 2 | 0 | 2 |
2018 | 1 | 2 | 3 |
2017 | 3 | 2 | 5 |
BIP Capital's Investments by Stage
BIP Capital has made 12 investments in Series A stage with an average round size of $6.83M, 4 investments in Seed stage with an average round size of $2.2M, 2 investments in Series B stage with an average round size of $5.15M, 1 investment in Series C stage with an average round size of $1.5M and 1 investment in Unattributed stage with an average round size of $3.4M.Stage of entry | No. of Investments |
|---|---|
Series A | 12 |
Seed | 4 |
Series B | 2 |
Series C | 1 |
Unattributed | 1 |
Note: We have considered here, only first round of investments
BIP Capital's Investments by Sector
BIP Capital has a diverse portfolio, with companies operating in the Enterprise Applications, HealthTech, Vertical SaaS, Enterprise Infrastructure and Business Services. Notably, it has invested in 21 Enterprise (B2B) companies, 21 Tech companies, 20 Software companies and at least 15 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 13 |
HealthTech | 7 |
Vertical SaaS | 6 |
Enterprise Infrastructure | 3 |
Business Services | 2 |
Others | 10 |
Note: We have considered here, only first round of investments
BIP Capital's Investments by Geography
BIP Capital has made most investments in United States (20).BIP Capital's recent investments
BIP Capital has not made any investment in 2026 so far.Here are the most recent investments by BIP Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 24, 2019 | United States | Series A | 7505 | - | |
Jun 06, 2019 | United States | Series A | 5366 | [+3] | |
Sep 20, 2018 | United States | Series A | 2801 | [+3] | |
Sep 17, 2018 | United States | Series A | 4038 | - | |
May 15, 2018 | United States | Series A | 7100 | [+1] |
Acquired companies in BIP Capital's Portfolio
14 companies from BIP Capital's portfolio have been acquired. The most recent acquisition was Tropical Smoothie Cafe in Apr 2024 by Blackstone for $*****.Here are BIP Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Apr 24, 2024 | 2012 | Series A | 6033 | |
Nov 02, 2023 | Jan 04, 2016 | Series A | 7788 | |
Mar 16, 2021 | Jul 16, 2015 | Series A | 7974 | |
Mar 18, 2019 | Dec 03, 2014 | Seed | 7132 | |
Dec 03, 2018 | Mar 20, 2017 | Series A | 6250 |
Team profile of BIP Capital
BIP Capital has a team of 9 members including 6 Partners and 1 Principal located in United States. BIP Capital's team sits on the board of 1 company.Here is a list of all team members in BIP Capital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Atlanta | - | - | |
Partner | Gainesville | - | ||
Partner | Atlanta | - | ||
Partner | Atlanta | |||
Partner | Atlanta | - | ||
Partner | Atlanta | - | ||
Principal | Atlanta | - | - |
Co-investors of BIP Capital
Over the past 16 years, 68 investors have co-invested in BIP Capital's portfolio companies. This includes funds and angels.
- Invested before BIP Capital: Cypress Growth Capital, Iron Yard Ventures and 12 others have invested in rounds before BIP Capital. There is 1 company where Cypress Growth Capital has invested before BIP Capital and 1 company where Iron Yard Ventures has invested before BIP Capital.
- Top Co-investors of BIP Capital: 24 investors entered a company along with BIP Capital. These include investors like Croft & Bender (3 companies).
- Invested after BIP Capital: A total of 30 investors have invested in BIP Capital's portfolio after their investments. Top Investors include Panoramic Ventures (3 companies), BIP Ventures (2 companies) and BIP Wealth (2 companies).
Recent News related to BIP Capital
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Panoramic Ventures launches with USD300m fund as BIP Capital and Paul Judge join forcesPrivate Equity Wire•Feb 10, 2021•Panoramic Ventures, BIP Capital
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Martin Ventures invests in oncology tech firmNashville Post•Jan 19, 2021•Martin Ventures, BIP Capital
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Vibenomics Closes $6.5 Million FundingMarTech Series•Oct 28, 2020•Vibenomics, BIP Capital, Elevate Ventures
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Vibenomics raises $6 million for its Audio Out-of-Home advertising platformRAIN News•Apr 21, 2020•Vibenomics, BIP Capital
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Case Status Raises $1.5M in Series Seed II Funding RoundFinSMEs•Mar 11, 2020•Case Status, BIP Capital
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