TechCrunch: Bonfire Ventures is a seed stage focused firm that invests in a select number of B2B software companies to support founders through their most critical moments.
TechCrunch – May 31, 2022
By Christine Hall
Bonfire Ventures, a Los Angeles venture capital firm, invests in seed-stage business-to-business software companies and aims to change the odds so that more than the average 33% of companies in this sector make it to Series A.
The firm seems to have some good traction so far. It says over 85% of its portfolio companies raise follow-on funding — a collective $1.15 billion — and its first fund is “ranked as one of the top 5% of VC funds globally,” while the second fund is in “the top 10% of their respective vintage years.”
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