
Bertelsmann
Description
Bertelsmann, a global media, services, and education conglomerate headquartered in Gütersloh, Germany, extends its influence into the venture capital landscape through Bertelsmann Investments (BI). BI serves as the strategic investment arm of the corporation, focusing on early to growth-stage companies across various digital and technology sectors. Its primary objective is to identify and support innovative businesses that align with Bertelsmann's core operations and future strategic directions, leveraging the parent company's extensive network and industry expertise.
Bertelsmann Investments operates through a decentralized structure, comprising several regional funds tailored to specific markets. These include Bertelsmann Digital Media Investments (BDMI) in the United States, Bertelsmann Asia Investments (BAI) in China, Bertelsmann India Investments (BII) in India, and Bertelsmann Brazil Investments (BBI) in Brazil. Additionally, BI encompasses the Bertelsmann Education Group and Bertelsmann Next, further diversifying its investment scope. Since its inception, Bertelsmann Investments has deployed over €1.7 billion (approximately $1.85 billion USD) into more than 300 companies and funds globally, demonstrating its significant commitment to the startup ecosystem.
For its typical first cheques, Bertelsmann Investments, particularly through its BDMI arm, targets initial investments ranging from $1 million to $10 million. This range underscores its focus on supporting companies from their early stages through significant growth phases. The firm's investment thesis often revolves around digital media, ad tech, enterprise software, fintech, and education technology, reflecting the broader strategic interests of Bertelsmann. Beyond capital, portfolio companies benefit from access to Bertelsmann's vast resources, including strategic partnerships, market insights, and operational guidance, facilitating their scaling and market penetration.
Investor Profile
Bertelsmann has backed more than 48 startups, with 3 new investments in the last 12 months alone. The firm has led 14 rounds, about 29% of its total and boasts 14 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series B, Series A, Series C rounds (top funding stages).
- Majority of deals are located in United States, China, India.
- Strong thematic focus on E-Commerce, Education, Internet.
- Typical check size: $1M – $10M.
Stage Focus
- Series B (31%)
- Series A (21%)
- Series C (13%)
- Seed (10%)
- Series Unknown (10%)
- Series D (4%)
- Series F (2%)
- Private Equity (2%)
- Angel (2%)
- Post Ipo Equity (2%)
Country Focus
- United States (48%)
- China (19%)
- India (17%)
- Brazil (8%)
- Germany (4%)
- Finland (2%)
- Hong Kong (2%)
Industry Focus
- E-commerce
- Education
- Internet
- Artificial Intelligence (Ai)
- Edtech
- Software
- Big Data
- Apps
- Training
- Financial Services
Frequently Asked Questions
Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.