Bedrock

Bedrock Capital is an Austin, Texas-based venture capital firm co-founded by Geoff Lewis and Karl Alomar. Established with a distinctive investment philosophy, Bedrock focuses on identifying and backing "one-of-a-kind companies" that often challenge conventional wisdom or are initially misunderstood by the broader market. The firm prides itself on taking contrarian positions and making high-conviction bets on businesses with unique trajectories and significant long-term potential. This approach allows them to partner with founders building category-defining companies across various sectors.

The firm has demonstrated a strong fundraising track record, successfully raising substantial capital across its various funds. This includes a $200 million Fund I, a $300 million Fund II, and most recently, a $500 million Fund III, bringing their total committed capital to approximately $1 billion. These significant fund sizes enable Bedrock to make meaningful investments and provide sustained support to its portfolio companies as they scale. Their portfolio features notable companies such as Faire, Rippling, Vercel, and Substack, reflecting their diverse investment interests and ability to spot disruptive innovation.

Bedrock typically engages in early to growth-stage investments, often leading or co-leading Series A and Series B rounds. Their typical first check size ranges from $10 million to $50 million, indicating a preference for substantial ownership stakes and a commitment to being a significant partner to their founders. Beyond capital, Bedrock aims to provide strategic guidance and operational support, leveraging their experience to help portfolio companies navigate growth challenges and achieve their ambitious visions. Their concentrated portfolio strategy underscores a deep belief in the potential of each investment.