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 Jul 2026, Bonfire Ventures is an active investor, having invested in 175 companies, with 8 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 Retail. Most recently it participated in the $***** Seed round of Katalyze AI Overall, Bonfire Ventures portfolio has seen 9 unicorns, 4 IPOs and 59 acquisitions including key companies like Salesforce, Scopely and Particle. 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 10 people including 6 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 3 more
Portfolio IPOs
Portfolio Acquisitions
Deals in last 12 months
Bonfire Ventures' List of Top Investments
Bonfire Ventures has a portfolio of 175 companies, including 9 unicorns. Their most notable investments are in Abstract and Office Otter.Their portfolio spans across United States, Canada, United Kingdom and 2 more locations. They have invested in Enterprise Applications, High Tech, Retail 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)
- Annual Revenue: $1B+ as on Jan 31, 2026
- Stage: Public
- Total Funding till date: $52M
- Employee Count: 76,453 as on Jan 31, 2025
- Investors: Glynn Capital, Meritech and 36 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: 3,833 as on May 31, 2026
- Investors: Cross Creek, InvestX and 70 Others
- Latest Funding Round: Series E, Oct 28, 2020, $*****
- Highlight: Acquired
3. Particle
Developer of a prototype to production connectivity platform for IoT. Its Photon Wi-Fi and the Electron 2G3G cellular are primary prototyping platforms for integrating connectivity into devices. The product is primarily aimed at designers and developers rather than at enterprises.
Key facts about Particle
- Founded Year: 2011
- Location: San Francisco (United States)
- Stage: Acquired
- Total Funding till date: $135M
- Employee Count: 117 as on Mar 31, 2026
- Investors: Western Technology Investment, Spark Capital and 20 Others
- Latest Funding Round: Series C, Mar 13, 2025, $*****
- Highlight: Acquired
4. Pendo
Provider of a platform for product experience and analytics management. The platform offers tools for product analytics, agent analytics, user guides, session replay, and user feedback. It facilitates data synchronization, integrations, and AI-driven insights. The platform helps teams understand user behavior, predict churn, and orchestrate user experiences. It supports product, revenue, IT, and marketing teams.
Key facts about Pendo
- Founded Year: 2013
- Location: Raleigh (United States)
- Valuation: $*****
- Stage: Series F
- Total Funding till date: $468M
- Employee Count: 996 as on May 31, 2026
- Investors: Meritech, Silver Lake and 19 Others
- Latest Funding Round: Series F, Nov 11, 2021, $*****
- Highlight: Editors' Pick
5. Tradesy
Tradesy is an online and mobile-based peer-to-peer marketplace where women can buy and sell clothing items from each other's closet at reasonable prices. Provides pricing recommendations, shipping and payment processing features to sellers and a flexible return policy for buyers.
Key facts about Tradesy
- Founded Year: 2012
- Location: Santa Monica (United States)
- Stage: Acquired
- Total Funding till date: $147M
- Employee Count: 137 as on Jul 01, 2024
- Investors: Northgate Capital, Riverwood Capital and 17 Others
- Latest Funding Round: Series D, Sep 16, 2021, $*****
- Highlight: Acquired
Bonfire Ventures' Year-on-Year Investment Trends
Bonfire Ventures has invested in 175 companies over the last 12 years, with an average of 8 new investments annually in the last 10 years. In 2025, it made 13 investments, while as of Jul 2026, it has made 6 investments in this year. Its most recent first time investment was in Katalyze AI and most recent follow-on round was in Alvys.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 6 | 0 | 6 |
2025 | 7 | 6 | 13 |
2024 | 4 | 4 | 8 |
2023 | 8 | 3 | 11 |
2022 | 12 | 7 | 19 |
2021 | 18 | 8 | 26 |
2020 | 6 | 5 | 11 |
2019 | 10 | 1 | 11 |
2018 | 8 | 1 | 9 |
2017 | 1 | 0 | 1 |
Bonfire Ventures' Investments by Stage
Bonfire Ventures has made 43 investments in Seed stage with an average round size of $5.36M, 32 investments in Series A stage with an average round size of $9.39M, 4 investments in Series B stage with an average round size of $19.7M, 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 | 43 |
Series A | 32 |
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, High Tech, HealthTech and FinTech. Notably, it has invested in 163 Tech companies, 150 Enterprise (B2B) companies, 141 Software companies and at least 99 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 69 |
Vertical SaaS | 21 |
High Tech | 12 |
HealthTech | 11 |
FinTech | 10 |
Others | 53 |
Note: We have considered here, only first round of investments
Bonfire Ventures' Investments by Geography
Bonfire Ventures has made most investments in United States (75), followed by Canada where it has made 2 investments.Country | No. of Investments |
|---|---|
United States | 75 |
Canada | 2 |
China | 2 |
United Kingdom | 2 |
Note: We have considered here, only first round of investments
Bonfire Ventures' recent investments
Bonfire Ventures has made 6 investments in 2026 so far. Katalyze AI and Vali 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 |
|---|---|---|---|---|---|
Jul 06, 2026 | Canada | Seed | 7683 | [+4] | |
Jun 17, 2026 | United States | Series A | 1241 | [+2] | |
Apr 09, 2026 | United States | Seed | 8936 | [+1] | |
Mar 18, 2026 | United States | Seed | 3865 | [+2] | |
Feb 12, 2026 | United States | Seed | 8457 | [+2] |
Unicorns in Bonfire Ventures' Portfolio
Bonfire Ventures has 9 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 |
|---|---|---|---|---|---|---|---|
70 | Developer of an enterprise AI platform for agentic work | 2012 | San Francisco | Series C | rnxgbou | ||
70 | Developer of conversation analytics software for marketing, sales, and contact centers | 2008 | Santa Barbara | Series F | xiavqzk | ||
74 | Provider of a platform for automating security and compliance programs | 2018 | San Francisco | Series D | pbtejtr | ||
46 | Provider of a software suite for hospitals | 2016 | San Francisco | Series C | oirmgbs | ||
69 | Online platform for the staking solution | 2018 | Toronto | Series C | yeoj{{h |
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 | - | - | 1366 | |
Jun 04, 2019 | - | - | 9127 | |
Sep 21, 2016 | - | - | 2555 | |
Jun 23, 2004 | - | - | 8639 |
Acquired companies in Bonfire Ventures' Portfolio
59 companies from Bonfire Ventures' portfolio have been acquired. The most recent acquisition was Bonsai Health in Apr 2026 by Modernizing Medicine for $*****.Here are Bonfire Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Apr 20, 2026 | Sep 25, 2025 | Seed | 3081 | |
Apr 07, 2026 | - | - | 3309 | |
Feb 18, 2026 | Jun 06, 2018 | Series A | 6148 | |
Jan 27, 2026 | Nov 15, 2019 | Series C | 7561 | |
Sep 09, 2025 | Jun 04, 2018 | Series A | 1635 |
Team profile of Bonfire Ventures
Bonfire Ventures has a team of 10 members including 6 Partners and 4 Principals located in United States. Bonfire Ventures' team sits on the board of 3 companies.Here is a list of all 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 | - | - | ||
Principal | Santa Monica | - | ||
Principal | Los Angeles | - | ||
Principal | Dallas | - | - | |
Principal | Providence | - | - |
Co-investors of Bonfire Ventures
Over the past 12 years, 523 investors have co-invested in Bonfire Ventures's portfolio companies. This includes funds and angels.
- Invested before Bonfire Ventures: Rincon Venture Partners, Y Combinator and 103 others have invested in rounds before Bonfire Ventures. There are 5 companies where Rincon Venture Partners has invested before Bonfire Ventures and 4 companies where Y Combinator has invested before Bonfire Ventures.
- Top Co-investors of Bonfire Ventures: 226 investors entered a company along with Bonfire Ventures. These include investors like Alumni Ventures (5 companies).
- Invested after Bonfire Ventures: A total of 192 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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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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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
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Bonsai Health Raises $7M Seed to Transform Healthcare With Agentic AIintelligence360•Oct 17, 2025•Bonsai Health, Bonfire Ventures, Wonder Ventures
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Alvys secures $40M Series B to streamline freight operations led by RTP GlobalFreightWaves•Oct 15, 2025•Alvys, RTP Global, Titanium Ventures, Picus Capital and 2 others
