Bloomberg Beta
Page Module:Infobox/styles.css has no content.Page Template:Infobox company/styles.css has no content.
| Lua error in package.lua at line 80: module 'Module:InfoboxImage/data' not found. | |
| ISIN | Script error: No such module "WikidataIB". |
|---|---|
| Industry | Script error: No such module "WikidataIB". |
| Predecessor | Script error: No such module "WikidataIB". |
| Incorporated | Script error: No such module "WikidataIB". |
| Founded | Script error: No such module "WikidataIB". |
| Founder | Script error: No such module "WikidataIB". |
| Defunct | Script error: No such module "WikidataIB". |
| Successor | Script error: No such module "WikidataIB". |
| Headquarters | , |
Key people | Roy Bahat Karin Klein James Cham Shivon Zilis |
| Revenue | Script error: No such module "WikidataIB". |
| Script error: No such module "WikidataIB". | |
| Script error: No such module "WikidataIB". | |
| Total assets | Script error: No such module "WikidataIB". |
Number of employees | Script error: No such module "WikidataIB". |
| Parent | Script error: No such module "WikidataIB". |
| Website | www |
Script error: No such module "Check for conflicting parameters".Script error: No such module "Check for deprecated parameters".
Bloomberg Beta is an early stage venture capital firm with $450 million[1] under management, capitalized solely by Bloomberg. The fund exists to expand Bloomberg's horizons by investing in companies built by extraordinary founders that are creating profound change in the way business operates,[2] with a focus on machine intelligence and the future of work. Bloomberg Beta was recognized by VC review site CB Insights as the #2 investor in AI.[3]
Led by Roy Bahat, the firm has an unconventional investing model where anyone on the team can independently say "yes" to a deal. The fund's operating manual is publicly available online.[4]
Bloomberg Beta launched in June 2013, with $75 million of funding from Bloomberg L.P.[5][6] A second fund of $75 million[7] was announced in July 2016. In October 2019, they announced a third fund of $75 million.[8] In June 2022, they announced a fourth fund of $75 million, and their first opportunity fund, also of $75 million.[9] Bloomberg Beta is headquartered in San Francisco, California, with additional operations in New York City.
The firm uses data to find new customers. Their "Future Founders"[10] project started in 2014[11] to predict who will start companies before they do.[12] In 2014, it began publishing an annual Machine Intelligence landscape to better understand what was happening in the start-up ecosystem with artificial intelligence and machine learning.[13] The firm is the organizer behind "Comeback Cities",[14] taking groups of venture capitalists[15] and members of Congress[16] on bus tours throughout America,[17] to find untapped beds of talent and entrepreneurship.[18]
Relationship with Bloomberg L.P.
Bloomberg Beta is operated as a separate entity from Bloomberg L.P., which is the sole investor in the fund.[19] It consists of three full-time partners: Roy Bahat, Karin Klein, and James Cham.
References
Page Template:Reflist/styles.css has no content.
- ^ Page Module:Citation/CS1/styles.css has no content."My Conversation with Roy Bahat As Bloomberg Beta Announces New $75M Fund". Newcomer. 2025-06-09.
- ^ Page Module:Citation/CS1/styles.css has no content.Bahat, Roy (7 October 2019). "Lessons about the future of work from six years of investing". Medium.
- ^ Page Module:Citation/CS1/styles.css has no content."A New High In Deal Activity To Artificial Intelligence Startups In Q4'15". CB Insights Research. 4 February 2016.
- ^ Page Module:Citation/CS1/styles.css has no content."Bloomberg-Beta/Manual". Bloomberg Beta. 28 March 2020.
- ^ Page Module:Citation/CS1/styles.css has no content."Bloomberg Launches Bloomberg Beta, A $75 Million Early-Stage Investment Fund Led By Former IGN Exec Roy Bahatt". TechCrunch. June 4, 2013. Retrieved June 3, 2014.
- ^ Page Module:Citation/CS1/styles.css has no content."Bahat to Head $75 Million Bloomberg Beta Tech Fund". June 4, 2013. Retrieved June 3, 2014.
- ^ Page Module:Citation/CS1/styles.css has no content."Bloomberg Beta raises a second $75 million fund". TechCrunch. 19 July 2016.
- ^ Page Module:Citation/CS1/styles.css has no content."Bloomberg Beta, now six years old, closes its third $75 million fund". TechCrunch. 18 October 2019.
- ^ Page Module:Citation/CS1/styles.css has no content."Bloomberg VC Arm Adds $150 Million to Investing War Chest". The Information. Retrieved 2022-07-08.
- ^ Page Module:Citation/CS1/styles.css has no content."VC firms use data to identify startup founders before they know it". Fortune.
- ^ Page Module:Citation/CS1/styles.css has no content.Bahat, Roy; Beta, head of Bloomberg. "Fortune-Tellers, Step Aside: Big Data Looks For Future Entrepreneurs". NPR.org.
- ^ Page Module:Citation/CS1/styles.css has no content.Miller, Claire Cain (2 July 2015). "The Next Mark Zuckerberg Is Not Who You Might Think". The New York Times.
- ^ Page Module:Citation/CS1/styles.css has no content."Machine Intelligence In The Real World". TechCrunch. Retrieved 30 March 2020.
- ^ Page Module:Citation/CS1/styles.css has no content.Bahat, Roy (30 March 2018). "What this Silicon Valley VC learned on the "Rust Belt Safari"". Vox.
- ^ Page Module:Citation/CS1/styles.css has no content.Roose, Kevin (4 March 2018). "Silicon Valley Is Over, Says Silicon Valley". The New York Times.
- ^ Page Module:Citation/CS1/styles.css has no content.Andrews, Natalie (23 February 2018). "With Jobs in Mind, Ohio Democrat Takes Venture Capitalists on Midwest Road Trip". Wall Street Journal.
- ^ Page Module:Citation/CS1/styles.css has no content."Placing bets beyond the venture hubs of New York and Silicon Valley". TechCrunch.
- ^ Page Module:Citation/CS1/styles.css has no content."Comeback Cities tour takes politicians, venture capitalists to tech start-ups in the South". VentureBeat. 19 October 2018.
- ^ Page Module:Citation/CS1/styles.css has no content."Bloomberg Begins Fund to Invest in Start-Ups". The New York Times. June 5, 2013. Retrieved June 3, 2014.
Lua error in package.lua at line 80: module 'Module:Navbox/configuration' not found.