Bonfire Ventures

Summary

The main department of described VC is located in the Los Angeles. The fund was located in North America if to be more exact in United States.

The fund was created by Jim Andelman, Mark Mullen. Besides them, we counted 3 critical employees of this fund in our database.

The usual cause for the fund is to invest in rounds with 4-5 partakers. Despite the Bonfire Ventures, startups are often financed by Root Ventures, Rincon Venture Partners, Amplify.LA. The meaningful sponsors for the fund in investment in the same round are Greycroft, Industry Ventures, Amplify.LA. In the next rounds fund is usually obtained by TenOneTen Ventures, Double M Partners, Crosscut Ventures.

The average startup value when the investment from Bonfire Ventures is 50-100 millions dollars. Speaking about the real fund results, this VC is 8 percentage points more often commits exit comparing to other organizations. The common things for fund are deals in the range of 5 - 10 millions dollars. The fund is constantly included in 7-12 investment rounds annually. The high activity for fund was in 2019.

Among the most popular portfolio startups of the fund, we may highlight Branch, Spekit, Brainbase. For fund there is a match between the location of its establishment and the land of its numerous investments - United States. Among the most popular fund investment industries, there are SaaS, E-Commerce. Besides, a startup needs to be aged 2-3 years to get the investment from the fund. The fund has no exact preference in a number of founders of portfolio startups. If startup sums 4 of the founder, the chance for it to be financed is low.