Bain Capital Ventures
Bain Capital Ventures LLC is the venture capital division within Bain Capital, which has approximately $160 billion of assets under management worldwide. The firm's early-stage investments have included Attentive, Bloomreach, Billtrust, Docusign, Flywire, LinkedIn, Justworks, Turbonomic, Rent the Runway, Twilio, Rapid7, and Redis. Bain Capital Ventures manages $10 billion of committed capital, has over 400 active portfolio companies, and has offices in New York City, Palo Alto, and San Francisco.
Investments
Bain Capital Ventures has raised slightly over $10 billion of investor capital since 2001 across ten core investment funds and three co-investment funds. The firm is currently investing its tenth fund, Bain Capital Venture Fund X, which raised $1.4 billion from investors. The following is a summary of Bain Capital Venture's private equity funds raised from its inception through 2023:| Fund | Vintage Year | Committed Capital |
| Bain Capital Venture Fund I | 2001 | $250 |
| Bain Capital Venture Fund II | 2005 | $250 |
| Bain Capital Venture Fund III | 2007 | $500 |
| Bain Capital Venture Fund IV | 2009 | $525 |
| Bain Capital Venture Fund V | 2012 | $660 |
| Bain Capital Venture Fund VI | 2014 | $650, $200 |
| Bain Capital Venture Fund VII | 2016 | $600 |
| Bain Capital Venture Fund VIII | 2019 | $650, $250 |
| Bain Capital Venture IX | 2021 | $950, $350 |
| Bain Capital Ventures Fund X | 2023 | $1440, $480 |
Some of the company's notable investments have included: Attentive, Bloomreach, Clari, Docusign, Flywire, LinkedIn, Moveworks, Rapid7, and Redis.
Investments
Bain Capital Ventures works with seed, early and growth-stage investments. Its seed and early stage investments include Soona, Momento, Hightouch, and Zenlytic. Examples of growth stage investments include Docker, Tecton, GoCardless, Signifyd, and MaintainX. It invested in the US unit of Japanese national company Seven-Eleven Japan by taking a stake in its US convenience business in case it sells it or lists it in the public markets.Noted Exits:
- DocuSign: IPO valuation of $629 million in 2018
- LinkedIn: IPO valuation of $7.8 billion in 2011
- Twilio: IPO valuation of $150 million in 2016
- Rent the Runway: IPO valuation of $357 million in 2021
- Flywire: IPO valuation of $3.5 billion in 2021
- Avidxchange: IPO valuation of $4.6 billion in 2021