BlueYard Capital
UnclaimedAt a Glance
- Check Size
- $500K – $5M
- Stage
- Pre-Seed, Seed, Series A, Series B+
- AUM
- $500M
- Sectors
- Web3, Deeptech, Consumer
- Founded
- 2016
- HQ
- Berlin, Germany
About BlueYard Capital
BlueYard Capital is a venture capital firm based in Berlin, Germany founded in 2014. We are a small and equal partnership based in the US and Europe, founded in 2016, managing $500M in AuM, and deploying our third fund. Blueyard invests $500K – $5M in pre‑seed to Series A rounds as a lead or co‑lead investor. The firm focuses on Pre-Seed, Seed, Series A, Series B+ investments across sectors including Aerospace & Defense, Other, Consumer, Fintech, Climate. The firm manages $150M in assets under management. Notable portfolio companies include SoundCloud, Blockstack, Tendermint, CryptoKitties and SourceCred. Invests in founders building the decentralized internet and open protocols that empower individuals and communities.
Investment Thesis
“Invests in founders building the decentralized internet and open protocols that empower individuals and communities.”
Sector Focus
Investment Stage
Notable Portfolio Companies
Fund History
BlueYard has raised three funds since Ciaran O'Leary and Jason Whitmire left Earlybird to launch the firm. Fund I was announced in January 2016 at $120 million, or about 110 million euros, and invested at seed and Series A in $500,000 to $5 million increments; reported performance data puts that vintage at roughly 3.4x distributions to paid-in capital and a 7x markup, an outlier for a European debut fund. BlueYard 2 followed in January 2019 at 105 million euros, again around $120 million, and was raised deliberately at the same size, with the same team, thesis, strategy and limited partners.
Fund III closed at $185 million in 2022 and is still deploying. Across the three vehicles the firm reports roughly $500 million in assets under management, writing $500,000 to $5 million as lead or co-lead from pre-seed through Series A. Realizations include the IonQ IPO, Groq, and the sale of Privy to Stripe, alongside earlier crypto-infrastructure positions in Filecoin, Protocol Labs and Centrifuge.
Team (4)
Frequently Asked Questions
What stage does BlueYard Capital invest at?
BlueYard 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 BlueYard Capital located?
BlueYard Capital is headquartered in Berlin, Germany. Many of their portfolio companies are also based in this region, though they invest across geographies.
What sectors does BlueYard Capital focus on?
BlueYard Capital focuses on investments in Web3, Deeptech, Consumer. Their portfolio reflects deep expertise and networks within these sectors.
What is BlueYard Capital's typical check size?
BlueYard Capital's typical investment check size ranges from $500K to $5M. Actual amounts may vary based on the stage, sector, and specific opportunity.
How much does BlueYard Capital have under management?
BlueYard Capital manages approximately $500M in assets under management (AUM) across their funds.
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