About Bonfire Ventures
Bonfire Ventures is a venture capital firm founded in 2005. It is primarily based out of Santa Monica, United States. As of Oct 2026, Bonfire Ventures is an active investor, having invested in 198 companies, with 9 new investments in the last 12 months. 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 High Tech and FinTech. Most recently it participated in the $***** Series A round of Sante Overall, Bonfire Ventures portfolio has seen 10 unicorns, 4 IPOs and 63 acquisitions including key companies like Salesforce, Scopely and Medallia. A lot of funds co-invest with Bonfire Ventures, with names like Alumni Ventures sharing a substantial percentage of its portfolio. Bonfire Ventures has team of 12 people including 7 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 3 more
Portfolio IPOs
Bonfire Ventures' List of Top Investments
Bonfire Ventures has a portfolio of 198 companies, including 10 unicorns. Their most notable investments are in Abstract and Office Otter.Their portfolio spans across United States, Canada, United Kingdom and 4 more locations. They have invested in Enterprise Applications, High Tech, FinTech and 29 other sectors, across stages such as Seed, Series A and 3 more. Here is the list of top investments by Bonfire Ventures:1. Salesforce
Provider of a platform delivering customer relationship management and cloud solutions. The platform offers applications and tools for sales, service, marketing, commerce, and information technology. It enables businesses to automate tasks, analyze data, and personalize customer interactions. The platform’s features include artificial intelligence, data integration, and application development capabilities.
Key facts about Salesforce
- Founded Year: 1999
- Location: San Francisco (United States)
- Stage: Public
- Total Funding till date: $52M
- Employee Count: 76,453 as on Jan 31, 2025
- Investors: Meritech, Glynn Capital and 41 Others
- Latest Funding Round: Post IPO, May 23, 2023, $*****
- Highlight: Public
2. Scopely
Developer of interactive entertainment and video games across multiple platforms. The company creates, publishes, and operates immersive games. It utilizes a technology platform to support a diversified portfolio in the games industry. The company focuses on building long-lasting game experiences.
Key facts about Scopely
- Founded Year: 2011
- Location: Culver City (United States)
- Annual Revenue: £1M - £10M as on Dec 31, 2021
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $1.02B
- Employee Count: 3,897 as on Sep 30, 2026
- Investors: InvestX, K2 Global and 70 Others
- Latest Funding Round: Series E, Oct 28, 2020, $*****
- Highlight: Acquired
3. Medallia
Provider of experience management software and related customer service solutions. The company offers a platform for capturing customer and employee feedback across various channels. It provides tools for data analysis, reporting, and action planning based on insights. The business delivers solutions for customer experience, employee experience, and market research.
Key facts about Medallia
- Founded Year: 2001
- Location: Pleasanton (United States)
- Annual Revenue: $100M - $500M as on Jan 31, 2021
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $344M
- Employee Count: 5,437 as on Sep 30, 2026
- Investors: HTIF, ADS Ventures and 20 Others
- Latest Funding Round: Post IPO, Sep 16, 2020, $*****
- Highlight: Acquired
4. Vanta
Provider of a platform for automating security and compliance programs. The platform offers continuous governance, risk, and compliance management. It facilitates personnel access control, risk management, and third-party risk oversight. The platform also provides questionnaire automation, trust center functionalities, and streamlined audit processes. It integrates with various tools and offers an application programming interface for custom integrations.
Key facts about Vanta
- Founded Year: 2018
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $504M
- Employee Count: 1,996 as on Sep 30, 2026
- Investors: Goldman Sachs, Workday Ventures and 23 Others
- Latest Funding Round: Series D, Jul 23, 2025, $*****
- Highlight: Editors' Pick
5. Outreach
Provider of an AI revenue workflow platform for sales teams. The platform offers tools for forecasting, coaching, closing deals, renewals, expansion, and pipeline building. It helps sales, marketing, revenue operations, and customer success teams. The platform provides features for prospecting, account engagement, deal management, coaching, and customer retention. It offers insights and workflows to improve sales performance and forecasting accuracy.
Key facts about Outreach
- Founded Year: 2014
- Location: Seattle (United States)
- Valuation: $*****
- Stage: Series G
- Total Funding till date: $489M
- Employee Count: 4,532 as on Sep 30, 2026
- Investors: Sprout Capital Partners, Meritech and 38 Others
- Latest Funding Round: Series G, Jun 02, 2021, $*****
- Highlight: Editors' Pick
Bonfire Ventures' Year-on-Year Investment Trends
Bonfire Ventures has invested in 198 companies over the last 12 years, with an average of 9 new investments annually in the last 10 years. In 2025, it made 14 investments, while as of Oct 2026, it has made 9 investments in this year. Its most recent first time investment was in Trade Lab and most recent follow-on round was in Sante.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 8 | 1 | 9 |
2025 | 8 | 6 | 14 |
2024 | 6 | 4 | 10 |
2023 | 10 | 3 | 13 |
2022 | 12 | 7 | 19 |
2021 | 19 | 8 | 27 |
2020 | 6 | 5 | 11 |
2019 | 11 | 1 | 12 |
2018 | 8 | 1 | 9 |
2017 | 1 | 0 | 1 |
Bonfire Ventures' Investments by Stage
Bonfire Ventures has made 50 investments in Seed stage with an average round size of $5.44M, 34 investments in Series A stage with an average round size of $9.87M, 4 investments in Series B stage with an average round size of $19.8M, 1 investment in Angel stage with an average round size of $5.5M and 1 investment in Series C stage with an average round size of $40M.Stage of entry | No. of Investments |
|---|---|
Seed | 50 |
Series A | 34 |
Series B | 4 |
Angel | 1 |
Series C | 1 |
Note: We have considered here, only first round of investments
Bonfire Ventures' Investments by Sector
Bonfire Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, Vertical SaaS, FinTech, HealthTech and High Tech. Notably, it has invested in 184 Tech companies, 169 Enterprise (B2B) companies, 157 Software companies and at least 113 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 78 |
Vertical SaaS | 25 |
FinTech | 14 |
HealthTech | 13 |
High Tech | 13 |
Others | 59 |
Note: We have considered here, only first round of investments
Bonfire Ventures' Investments by Geography
Bonfire Ventures has made most investments in United States (83), followed by China where it has made 2 investments.Country | No. of Investments |
|---|---|
United States | 83 |
China | 2 |
United Kingdom | 2 |
Canada | 1 |
Mexico | 1 |
Note: We have considered here, only first round of investments
Bonfire Ventures' recent investments
Bonfire Ventures has made 9 investments in 2026 so far. Sante and Trade Lab are the latest among them.Here are the most recent investments by Bonfire Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Oct 06, 2026 | United States | Series A | 3527 | [+3] | |
2026 | - | Seed | 8881 | - | |
Sep 29, 2026 | United States | Seed | 5457 | [+1] | |
Jul 06, 2026 | United States | Seed | 6460 | [+4] | |
Jun 17, 2026 | United States | Seed | 2717 | [+2] |
Unicorns in Bonfire Ventures' Portfolio
Bonfire Ventures has 10 unicorns in its portfolio - WRITER, Invoca, Vanta and others. The most recent unicorn in their portfolio is WRITER. It became a unicorn in 2024, 4 years after Bonfire Ventures first invested in it.Here is a list of unicorns in Bonfire Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
66 | Developer of an enterprise AI platform for agentic work | 2012 | San Francisco | Series C | hvnxznp | ||
72 | Developer of conversation analytics software for marketing, sales, and contact centers | 2008 | Santa Barbara | Series F | gajrwld | ||
77 | Provider of a platform for automating security and compliance programs | 2018 | San Francisco | Series D | xfvrevk | ||
43 | Provider of a software suite for hospitals | 2016 | San Francisco | Series C | bxcblyc | ||
65 | Online platform for the staking solution | 2018 | Toronto | Series C | wczhzio |
IPOs and Publicly Listed companies in Bonfire Ventures' Portfolio
4 of Bonfire Ventures' portfolio companies have become public. MNTN got listed on the New York Stock Exchange (NYSE), in May 2025 at marketcap of $759M and Shift Technologies got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ) at marketcap of $10.Here are Bonfire Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 22, 2025 | - | - | 5002 | |
Jun 04, 2019 | - | - | 5976 | |
Sep 21, 2016 | - | - | 9914 | |
Jun 23, 2004 | - | - | 2148 |
Acquired companies in Bonfire Ventures' Portfolio
63 companies from Bonfire Ventures' portfolio have been acquired. The most recent acquisition was Fuel50 in Sep 2026 by https://phoenixeducationpartners.com for $*****.Here are Bonfire Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 17, 2026 | Oct 04, 2017 | Series A | 2505 | |
Jun 18, 2026 | - | - | 9078 | |
Apr 20, 2026 | Sep 25, 2025 | Seed | 1590 | |
Apr 07, 2026 | - | - | 5062 | |
Feb 18, 2026 | Jun 06, 2018 | Series A | 8247 |
Team profile of Bonfire Ventures
Bonfire Ventures has a team of 12 members including 7 Partners and 5 Principals located in United States. Bonfire Ventures' team sits on the board of 3 companies.Here is a list of top team members in Bonfire Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Santa Barbara | |||
Partner | Santa Barbara | - | ||
Partner | Seattle | - | ||
Partner | Los Angeles | - | ||
Partner | Hollywood | - | - | |
Partner | Los Angeles | - | - | |
Partner | - | - | ||
Principal | Los Angeles | - | - | |
Principal | Santa Monica | - | ||
Principal | Los Angeles | - |
Co-investors of Bonfire Ventures
Over the past 12 years, 556 investors have co-invested in Bonfire Ventures's portfolio companies. This includes funds and angels.
- Invested before Bonfire Ventures: Y Combinator, Rincon Venture Partners and 130 others have invested in rounds before Bonfire Ventures. There are 6 companies where Y Combinator has invested before Bonfire Ventures and 5 companies where Rincon Venture Partners has invested before Bonfire Ventures.
- Top Co-investors of Bonfire Ventures: 231 investors entered a company along with Bonfire Ventures. These include investors like Alumni Ventures (5 companies).
- Invested after Bonfire Ventures: A total of 193 investors have invested in Bonfire Ventures's portfolio after their investments. Top Investors include B Capital (2 companies), Morgan Stanley (2 companies) and Battery Ventures (2 companies).
Recent News related to Bonfire Ventures
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Destro AI Raises $8M in Seed Funding to Advance Warehouse Robotics IntelligenceThe Joplin Globe•Sep 29, 2026•Destro, Bonfire Ventures, Base10 Partners, Accel
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Katalyze AI Secures $10.5M Seed Funding for Pharma Manufacturing AI SolutionsTechStartups.com•Jul 06, 2026•Bonfire Ventures
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Vali Health Emerges from Stealth with $6M to Scale Responsible AI Across Home Care EHRsHIT Consultant•Jun 18, 2026•Vali, Bonfire Ventures, Comma Capital
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Ranger AI Raises $8.4M in Seed FundingFinSMEs•May 14, 2026•25madison, Panache Ventures, Bonfire Ventures, Inovia Capital
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Juno Raises $12M in Seed FundingFinSMEs•Apr 09, 2026•Juno, Bonfire Ventures, Impression Ventures, Xfund and 1 other
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Odynn Raises $9.5M Seed Round to Disrupt Travel Portals with Personalized AI InfrastructureBenzinga•Feb 19, 2026•Odynn, Fiat Ventures, Bonfire Ventures
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Santé Raises $7.6M to Build AI Operating System for Wine & Liquor IndustryWebwire•Feb 12, 2026•Sante, Bonfire Ventures, Sante, Operator Collective and 2 others
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Risotto Raises $10M in Seed FundingFinSMEs•Jan 27, 2026•Ritual Capital, Risotto, Y Combinator, Bonfire Ventures and 2 others
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Jeeva AI Secures $9M from JLL Spark, Sapphire Ventures for AI Sales ToolsTechStartups.com•Dec 01, 2025•Jeeva, JLL Technologies, Sapphire Ventures, Creditas and 8 others
