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Beringea

North America, Michigan, United States, Farmington Hills

Description

Beringea is a well-established transatlantic venture capital firm with a significant presence in both the United States, notably from its Farmington Hills, Michigan office, and the United Kingdom. Founded with a mission to back rapidly scaling entrepreneurial companies, Beringea focuses on providing growth equity to businesses poised for significant expansion. The firm distinguishes itself through a sector-agnostic approach, though it has a strong track record in areas such as B2B software, fintech, digital media, consumer brands, and healthcare technology. Their investment philosophy centers on building lasting success by partnering closely with management teams to navigate the challenges of scaling.

The firm typically targets companies in their Series A to Series C funding rounds, seeking businesses that have demonstrated product-market fit and are ready to accelerate their growth. Beringea provides not just capital but also strategic guidance, operational support, and access to an extensive network across both continents. This hands-on approach is designed to help portfolio companies overcome hurdles related to market expansion, talent acquisition, and operational efficiency, thereby maximizing their potential for long-term value creation.

With over $700 million under management, Beringea has built a diverse portfolio comprising over 100 companies across its US and UK operations. For initial investments, the firm typically writes first checks ranging from $2 million to $20 million, demonstrating their capacity to support substantial growth rounds. They are known for their patient capital and willingness to provide follow-on funding to support companies through multiple stages of their development. Beringea's commitment to fostering innovation and driving economic growth is evident in its sustained investment activity and successful exits across various industries.

Investor Profile

Beringea has backed more than 180 startups, with 5 new investments in the last 12 months alone. The firm has led 100 rounds, about 56% of its total and boasts 33 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Series Unknown, Series B rounds (top funding stages).
  • Majority of deals are located in United Kingdom, United States, Belgium.
  • Strong thematic focus on Software, E-Commerce, Analytics.
  • Led 4 rounds in the past year.
  • Typical check size: $2M – $20M.

Stage Focus

  • Series A (29%)
  • Series Unknown (27%)
  • Series B (22%)
  • Series C (7%)
  • Seed (6%)
  • Series D (5%)
  • Debt Financing (2%)
  • Private Equity (1%)
  • Convertible Note (1%)
  • Equity Crowdfunding (1%)

Country Focus

  • United Kingdom (62%)
  • United States (34%)
  • Belgium (1%)
  • Canada (1%)
  • France (1%)
  • Israel (1%)
  • Germany (1%)
  • Austria (1%)
  • Ireland (1%)

Industry Focus

  • Software
  • E-commerce
  • Analytics
  • Health Care
  • Medical
  • Saas
  • Internet
  • Information Technology
  • Artificial Intelligence (Ai)
  • Machine Learning
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Beringea frequently co-invest with?

Baird Capital
North America, Wisconsin, United States, Milwaukee
Co-Investments: 6
Plymouth Growth
North America, Michigan, United States, Ann Arbor
Co-Investments: 7
Michigan Rise
North America, Michigan, United States, East Lansing
Co-Investments: 4
HPA (Hyde Park Angels)
North America, Illinois, United States, Chicago
Co-Investments: 4
Hyde Park Venture Partners
North America, Illinois, United States, Chicago
Co-Investments: 4
Amadeus Capital Partners
Europe, Cambridgeshire, United Kingdom, Cambridge
Co-Investments: 6
Arboretum Ventures
North America, Michigan, United States, Ann Arbor
Co-Investments: 6
Northstar Ventures
Europe, Newcastle upon Tyne, United Kingdom, Newcastle Upon Tyne
Co-Investments: 4
I
North America, Michigan, United States, Farmington Hills
Co-Investments: 16
North Coast Technology Investors
North America, Michigan, United States, Ann Arbor
Co-Investments: 5

Which angels does Beringea often collaborate with?

BB
Europe, England, United Kingdom, London
Shared Deals: 1
WB
North America, Illinois, United States, Chicago
Shared Deals: 1
AP
North America, Illinois, United States, Chicago
Shared Deals: 1
DG
North America, Pennsylvania, United States, Pittsburgh
Shared Deals: 1
JM
North America, New Jersey, United States, Absecon
Shared Deals: 1
JB
Europe, England, United Kingdom, London
Shared Deals: 1
CC
Europe, England, United Kingdom, London
Shared Deals: 1
AI
Europe, England, United Kingdom, London
Shared Deals: 1
AE
Europe, Buckinghamshire, United Kingdom, Great Linford
Shared Deals: 1
Damien Byrne
North America, United States
Shared Deals: 1

What are some of recent deals done by Beringea?

Limitless Travel

Birmingham, Birmingham, United Kingdom

Limitless Travel provides holidays, tours, accommodation, and travel for people living with disability.

LeisureTravel
Series AApr 1, 2025
Amount Raised: $8,410,005
VRAI

Dublin, Dublin, Ireland

VRAI is a Virtual Reality Company

ContentGamingSoftwareVirtual Reality
Series AFeb 27, 2025
Amount Raised: $4,365,496
InvestNext

Detroit, Michigan, United States

InvestNext is a real estate investment management platform that offers administrative expenses and portfolio management for investors.

ConsultingFinancial ServicesFinTechFunding PlatformReal Estate Investment
Series BFeb 7, 2025
Amount Raised: $15,000,000
MOTH:

London, England, United Kingdom

MOTH: is a beverages company that provides ready-to-drink cocktail for family and friends.

BrewingFood and BeverageWine And Spirits
SeedSep 9, 2024
Amount Raised: $6,012,592
ATLAS Space Operations

Traverse City, Michigan, United States

ATLAS Space Operations is the Satellite Communications as a Service Getting Your Data, Faster

AerospaceEnterprise SoftwareTelecommunications
Series UnknownSep 4, 2024
Amount Raised: $15,000,000
Gorilla

Antwerp, Antwerpen, Belgium

Data-driven solutions for utility pricing, forecasting and reporting.

Information TechnologyInternetSoftware
Series BJun 12, 2024
Amount Raised: $24,707,087
Iceberg Data Lab

Paris, Ile-de-France, France

Iceberg Data Lab offers financial companies with environmental data solutions to report and manage environmental impact.

AnalyticsConsultingEnvironmental ConsultingInformation TechnologySoftware
Series AApr 3, 2024
Amount Raised: $9,971,084
AccessPay

Manchester, Manchester, United Kingdom

AccessPay incorporates digital banking tools into the systems of corporate clients to minimize the risks of fraud and errors.

FinanceFinancial ServicesFinTechPayments
Series UnknownMar 21, 2024
Amount Raised: $23,801,747
Evios

Bedford, Bedfordshire, United Kingdom

Evios is a manufacturer of home electric vehicle charging stations.

AutomotiveCharging InfrastructureElectric VehicleManufacturing
Series AFeb 19, 2024
Amount Raised: $5,035,031
Farmer J

London, England, United Kingdom

Farmer J is a food service provider that Serving honest food, that rolls with the seasons, is mindfully sourced.

Food and BeverageFood ProcessingSnack Food
Series UnknownFeb 15, 2024
Amount Raised: $6,929,247