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At a Glance

Check Size
$. – $.
Stage
Pre-Seed, Seed, Series A, Series B+
AUM
$2.1B
Sectors
Aerospace & Defense, Digital Health, Other +2
Founded
2015
HQ
Manhattan Beach, CA

About B Capital

B Capital is a venture capital firm based in Palo Alto, CA founded in 2015. We empower entrepreneurs to think bigger. Scale faster. Grow global. The firm focuses on Pre-Seed, Seed, Series A, Series B+ investments across sectors including Aerospace & Defense, Digital Health, Other, Consumer, Fintech. The firm manages $2.1B in assets under management.

Notable portfolio companies include ByteDance, Icertis, Ninja Van, Red Ventures, Mindstrong, Bright Health and Udaan. Invests in technology companies across healthcare, fintech, and enterprise software, leveraging strategic partnerships with BCG and Facebook.

Investment Thesis

“Invests in technology companies across healthcare, fintech, and enterprise software, leveraging strategic partnerships with BCG and Facebook.”

Sector Focus

Investment Stage

Notable Portfolio Companies

View full portfolio →
BByteDance
IIcertis
NNinja Van
RRed Ventures
MMindstrong
BBright Health
UdaanUdaan

Key Team (2)

R

Raj Ganguly

Co-Founder and Co-CEO

E

Eduardo Saverin

Co-Founder and Co-CEO

Fund History

  • B Capital's Form D record shows a manager that scaled its fund line roughly tenfold in six years.
  • B Capital Fund, L.P., formed in 2015, recorded a first sale on May 6, 2016 and had sold $143.6 million by that month, rising to $181.0 million across 29 investors by May 2017.
  • Fund II filed in April 2019 against a first sale of March 22 and stepped up through the year: $406.1 million sold at filing, $749.9 million by March 2020, and $821.8 million across 161 investors by June 2020.
  • The growth franchise then took over.
  • B Capital Global Growth III recorded a first sale on July 6, 2021, showed $1.111 billion sold in March 2022 and closed at $1.588 billion across 122 investors by January 2023, with Global Growth IV filing in July 2024.
  • Around the flagship line sits a dense set of strategy vehicles: Ascent Funds II and III for early stage, Healthcare I and II, China I, Climate I, a MESA Venture Fund, a FinTech Growth Fund, Opportunities Funds I and II, and annual Watermark feeders from 2022 through 2026.

Team (2)

Related Articles (6)

Frequently Asked Questions

What stage does B Capital invest at?

B Capital primarily invests at the Pre-Seed, Seed, Series A, Series B+ stages. This means they focus on companies that are at the earliest idea or prototype phase.

Where is B Capital located?

B Capital is headquartered in Manhattan Beach, CA. Many of their portfolio companies are also based in this region, though they invest across geographies.

What sectors does B Capital focus on?

B Capital focuses on investments in Aerospace & Defense, Digital Health, Other, Consumer, Fintech. Their portfolio reflects deep expertise and networks within these sectors.

What is B Capital's typical check size?

B Capital's typical investment check size ranges from $. to $.. Actual amounts may vary based on the stage, sector, and specific opportunity.

How much does B Capital have under management?

B Capital manages approximately $2.1B in assets under management (AUM) across their funds.

Fund Operations Resources

Running a fund like B Capital? Independent guides to the software and processes emerging managers use to operate.

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