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Bertelsmann

Europe, Nordrhein-Westfalen, Germany, Gütersloh

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
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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 Bertelsmann frequently co-invest with?

Vertex Ventures Southeast Asia & India
Asia, Central Region, Singapore, Singapore
Co-Investments: 2
Sequoia Capital
North America, California, United States, Menlo Park
Co-Investments: 2
AOL
North America, New York, United States, New York
Co-Investments: 2
Mayfield Fund
North America, California, United States, Menlo Park
Co-Investments: 3
monashees
South America, Sao Paulo, Brazil, São Paulo
Co-Investments: 3
Atlas Venture
North America, Massachusetts, United States, Cambridge
Co-Investments: 2
DCM Ventures
North America, California, United States, Menlo Park
Co-Investments: 3
BDMI
North America, New York, United States, New York
Co-Investments: 2
3one4 Capital
Asia, Karnataka, India, Bangalore
Co-Investments: 3
Greylock
North America, California, United States, Menlo Park
Co-Investments: 3

Which angels does Bertelsmann often collaborate with?

EL
North America, Florida, United States, Miami Beach
Shared Deals: 1
PB
Europe, England, United Kingdom, London
Shared Deals: 1
Shared Deals: 1
NB
North America, California, United States, Los Angeles
Shared Deals: 1
AT
North America, New York, United States, New York
Shared Deals: 1
AkshayDelhi, India Ghulati
Asia, Delhi, India
Shared Deals: 1
JY
North America, California, United States, San Francisco
Shared Deals: 1
Duncan Clark
Asia, Beijing, China, Beijing
Shared Deals: 1
MH
North America, California, United States, San Francisco
Shared Deals: 1
CS
North America, Washington, United States, Kirkland
Shared Deals: 1

What are some of recent deals done by Bertelsmann?

[cafeteria]

Los Angeles, California, United States

[cafeteria] is an ongoing production partnership between businesses and teenagers to help build career skills.

Brand MarketingPersonal BrandingTeenagers
SeedOct 24, 2024
Amount Raised: $3,000,000
Astrix Health

San Francisco, California, United States

Astrix Health is a health technology company leveraging AI to improve hospital operations.

Artificial Intelligence (AI)Generative AIHealth CareMachine LearningSupply Chain Management
Pre SeedOct 10, 2024
Amount Raised: $2,000,000
Scimplifi

Bengaluru, Karnataka, India

Scimplifi is a B2B fulfilment platform that provides customized solutions for sourcing and manufacturing of innovative chemistries.

ChemicalChemical EngineeringManufacturing
Series AAug 1, 2024
Amount Raised: $7,045,269
LighthouseAI

Los Angeles, California, United States

LighthouseAI provides software solutions to pharmaceutical manufacturers.

Artificial Intelligence (AI)MedicalPharmaceuticalSoftware
SeedOct 24, 2023
Amount Raised: $4,600,000
Rupeek

Bangalore, Karnataka, India

Rupeek is an online lending platform that specializes in credit risk, gold loans, and personal loans.

CreditFinanceFinTechLending
Series UnknownSep 7, 2022
Amount Raised: $16,000,000
Ada Health

Berlin, Berlin, Germany

Ada Health is a digital health company that helps to diagnose symptoms and offer treatment advice using an AI-enabled platform.

AppsArtificial Intelligence (AI)Health CareMedicalmHealth
Series BFeb 10, 2022
Amount Raised: $30,000,000
Bijak

Haryana, Haryana, India

Bijak is a developer of B2B platform for agricultural commodities positioned towards MSME buyers and sellers

AgricultureAgTechAppsB2BFinancial Services
Series BJan 20, 2022
Amount Raised: $19,370,592
Electives

Boston, Massachusetts, United States

Electives is an enterprise live learning platform that offers interactive classes for employees.

EdTechInformation TechnologyTraining
SeedOct 13, 2021
Amount Raised: $2,250,000
Licious

Bengaluru, Karnataka, India

Licious is an online meat and seafood ordering startup that follows an end-to-end business.

Delivery ServiceE-CommerceFood and BeverageFood Delivery
Series FJun 11, 2021
Amount Raised: $192,000,000
Babel Finance

Hong Kong, Hong Kong Island, Hong Kong

Babel Finance is a global cryptocurrency financial service provider serving institutional and HNW investors.

BlockchainCryptocurrencyFinancial ServicesFinTech
Series AMay 10, 2021
Amount Raised: $40,000,000