About Blue Bear Capital
Blue Bear Capital is a venture capital firm founded in 2016. It is primarily based out of Los Angeles, United States. As of May 2026, Blue Bear Capital is an active investor, having invested in 36 companies, with 2 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 Environment Tech. Most recently it participated in the $***** Series A round of Lastwall Overall, Blue Bear Capital portfolio has seen 5 acquisitions including key companies like Urbint, Mission Secure and TruckLabs. A lot of funds co-invest with Blue Bear Capital, with names like Congruent Ventures sharing a substantial percentage of its portfolio. Blue Bear Capital has team of 14 people including 2 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Seed & 1 more
Portfolio Acquisitions
Portfolio Soonicorns
Blue Bear Capital's List of Top Investments
Blue Bear Capital has a portfolio of 36 companies. Their most notable investments are in TruckLabs and Splight.Their portfolio spans across United States, Germany, Netherlands and 3 more locations. They have invested in Enterprise Applications, High Tech, Environment Tech and 18 other sectors, across stages such as Series A, Seed and 1 more. Here is the list of top investments by Blue Bear Capital:1. Urbint
Platform that offers AI driven datasets and data analysis tools. The platform offers a toolkit for professionals to access urban data, APIs for front end app developers and urban data processing, and a grid of an enterprise grade version of its APIs offering, enabling users to access all available APIs and run third party algorithms on datasets.
Key facts about Urbint
- Founded Year: 2015
- Location: New York City (United States)
- Stage: Acquired
- Total Funding till date: $144M
- Employee Count: 83 as on Jul 31, 2026
- Investors: Salesforce Ventures, Fifth Wall and 12 Others
- Latest Funding Round: Series C, Oct 24, 2024, $*****
- Highlight: Acquired
2. Delos
AI-based insurance platform for homeowners insurance against natural disasters. It offers insurance coverage against wildfire, earthquakes, and floods. It uses public and private data sources to estimate risk. It offers proprietary satellite and aerial imagery technology for risk assessment.
Key facts about Delos
- Founded Year: 2015
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $28.5M
- Employee Count: 62 as on Jul 31, 2026
- Investors: IA Capital Group, Avanta Ventures and 18 Others
- Latest Funding Round: Series A, Oct 07, 2024, $*****
- Highlight: Editors' Pick
3. Raptor Maps
Provider of solar asset management platform using aerial and sensor data. The platform analyzes images to conduct root cause analysis and direct operations and maintenance efforts. The platform digitally reconstructs solar plants in a map-based interface enriched with data. Autonomous drones investigate site conditions and equipment, automating visual investigations. A mobile application allows technicians to access remediation context, even offline.
Key facts about Raptor Maps
- Founded Year: 2015
- Location: Cambridge (United States)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $62.2M
- Employee Count: 106 as on Jul 31, 2026
- Investors: Clean Energy Venture Group, Climate Capital and 18 Others
- Latest Funding Round: Series C, Dec 10, 2024, $*****
- Highlight: Editors' Pick
4. Abatable
Online platform to calculate and offset the carbon footprint. The platform provides a framework to evaluate carbon projects. It also provides access to financing, market knowledge, carbon credit distribution, and offtake agreements to carbon project developers. They offer data insights and analysis on carbon markets.
Key facts about Abatable
- Founded Year: 2021
- Location: London (United Kingdom)
- Stage: Series A
- Total Funding till date: $16.6M
- Employee Count: 47 as on Jul 31, 2026
- Investors: Global Founders Capital, Climate Capital and 6 Others
- Latest Funding Round: Series A, Apr 14, 2023, $*****
- Highlight: Editors' Pick
Provider of reinsurance solutions for non-catastrophic weather-related losses for insurers. The company offers reinsurance to protect annual earnings and credit ratings in volatile climate markets. Brokers can supplement traditional weather reinsurance programs with coverage for frequent weather losses. Reinsurance providers can re-enter the market for secondary perils with a modeled-loss solution.
Key facts about The Demex Group
- Founded Year: 2019
- Location: Washington, DC (United States)
- Stage: Series A
- Total Funding till date: $28.4M
- Employee Count: 28 as on Jul 31, 2026
- Investors: IA Capital Group, Blue Bear Capital and 5 Others
- Latest Funding Round: Series A, Sep 05, 2024, $*****
- Highlight: Editors' Pick
Blue Bear Capital's Year-on-Year Investment Trends
Blue Bear Capital has invested in 36 companies over the last 9 years, with an average of 4 new investments annually in the last 5 years. In 2025, it made 6 investments, while as of May 2026, it has made 2 investments in this year. Its most recent first time investment was in Lastwall and most recent follow-on round was in Hydrosat.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 1 | 2 |
2025 | 5 | 1 | 6 |
2024 | 0 | 6 | 6 |
2023 | 7 | 4 | 11 |
2022 | 2 | 5 | 7 |
2021 | 7 | 5 | 12 |
2020 | 3 | 3 | 6 |
2019 | 4 | 3 | 7 |
2018 | 4 | 1 | 5 |
2017 | 3 | 0 | 3 |
Blue Bear Capital's Investments by Stage
Blue Bear Capital has made 20 investments in Series A stage with an average round size of $10.7M, 13 investments in Seed stage with an average round size of $3.02M and 3 investments in Series B stage with an average round size of $42.2M.Stage of entry | No. of Investments |
|---|---|
Series A | 20 |
Seed | 13 |
Series B | 3 |
Note: We have considered here, only first round of investments
Blue Bear Capital's Investments by Sector
Blue Bear Capital has a diverse portfolio, with companies operating in the Enterprise Applications, Environment Tech, Sustainability Tech, Energy Tech and High Tech. Notably, it has invested in 35 Tech companies, 34 Enterprise (B2B) companies, 26 Software companies and at least 18 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 21 |
Environment Tech | 18 |
Sustainability Tech | 18 |
Energy Tech | 15 |
High Tech | 15 |
Others | 68 |
Note: We have considered here, only first round of investments
Blue Bear Capital's Investments by Geography
Blue Bear Capital has made most investments in United States (29), followed by Germany where it has made 2 investments.Country | No. of Investments |
|---|---|
United States | 29 |
Germany | 2 |
Netherlands | 2 |
Canada | 1 |
Norway | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
Blue Bear Capital's recent investments
Blue Bear Capital has made 2 investments in 2026 so far - Lastwall and Hydrosat.Here are the most recent investments by Blue Bear Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
May 27, 2026 | United States | Series A | 5484 | [+2] | |
Jan 15, 2026 | United States | Series B | 3068 | [+7] | |
Oct 07, 2025 | Germany | Series A | 2240 | [+4] | |
Aug 26, 2025 | United States | Series A | 3958 | ||
Jul 23, 2025 | United States | Series A | 3310 | [+2] |
Acquired companies in Blue Bear Capital's Portfolio
5 companies from Blue Bear Capital's portfolio have been acquired. The most recent acquisition was Urbint in Oct 2025 by Itron for $*****.Here are Blue Bear Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Oct 06, 2025 | Mar 04, 2021 | Series B | 3854 | |
Nov 18, 2024 | Aug 02, 2017 | Series A | 4726 | |
Nov 07, 2023 | Aug 01, 2023 | Series B | 2211 | |
Jun 07, 2023 | Jul 01, 2020 | Series A | 5652 | |
Dec 01, 2018 | Feb 07, 2018 | Series A | 8926 |
Team profile of Blue Bear Capital
Blue Bear Capital has a team of 14 members including 2 Partners, 1 Venture Partner and 1 Principal located in United States. Blue Bear Capital's team sits on the board of 1 company.Here is a list of top team members in Blue Bear Capital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Houston | - | ||
Partner | New York City | - | ||
Venture Partner | - | |||
Principal | San Francisco | - |
Co-investors of Blue Bear Capital
Over the past 9 years, 295 investors have co-invested in Blue Bear Capital's portfolio companies. This includes funds and angels.
- Invested before Blue Bear Capital: Y Combinator, Energy Impact Partners and 92 others have invested in rounds before Blue Bear Capital. There are 3 companies where Y Combinator has invested before Blue Bear Capital and 2 companies where Energy Impact Partners has invested before Blue Bear Capital.
- Top Co-investors of Blue Bear Capital: 92 investors entered a company along with Blue Bear Capital. These include investors like Congruent Ventures (2 companies).
- Invested after Blue Bear Capital: A total of 109 investors have invested in Blue Bear Capital's portfolio after their investments. Top Investors include Bridges Fund Management (4 companies), HSBC (3 companies) and National Grid Partners (2 companies).
Recent News related to Blue Bear Capital
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Lastwall Secures $16 Million Investment for Quantum-Resilient Cyber Defense Expansion in CanadaQuantum Computing Report•May 27, 2026•BlueWing, New Brunswick Innovation Foundation, Blue Bear Capital, BDC and 1 other
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Hydrosat Secures €51 Million to Advance Thermal Satellite Tech for Water and Agricultural Risk ManagementEU-Startups•Jan 15, 2026•Hartree Partners, Hydrosat, Axiom Space, and 6 others
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Energy Robotics Secures $13.5 Million Series A for AI-Powered Infrastructure InspectionsMiningstockeducation•Oct 07, 2025•Energy Robotics, TAD Tech, Futury Capital, Hessen Kapital and 9 others
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Nuclearn Secures $10.5 Million to Advance AI-Driven Modernization in Nuclear IndustryMiningstockeducation•Sep 09, 2025•Nuclearn, AZ-VC, Nucleation Capital, SJF Ventures and 1 other
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Splight Raises $12.4M to Expand Transmission Capacity with Machine LearningPR Newswire•Aug 26, 2025•Splight, ZOMALAB, Blue Bear Capital
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Warp streamlines supply chains with AI: Featured Logistics and Cargo Start-up of the WeekInternational Finance•Jul 30, 2025•Warp, UP.Partners, Blue Bear Capital
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Warp Secures $10M to Advance AI Freight Network with RoboticsEvertiq•Jul 04, 2025•Warp, UP.Partners, Blue Bear Capital
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Topanga Secures $8 Million Series A Funding for Food Waste ReductionLos Angeles Business Journal•Apr 14, 2025•Topanga.io, Blue Bear Capital, Struck Capital, Wonder Ventures and 1 other
