At a glance
Bain Capital Ventures appears in 10 funding rounds tracked by ValueAddVC since 2024, leading 4. Its most frequent sectors in these rounds are AI & Infrastructure and Enterprise Software, and its most recent tracked deal was Armadin's $255.5M Series B round (Oct 1, 2026). It co-invests most often with Accel, Menlo Ventures and Redpoint Ventures.
Strategy
Recent changes
- Oct 1, 2026Oct 1, 2026Invested in Armadin (Series B, $255.5M) TechCrunch
- Sep 21, 2026Sep 21, 2026Invested in Corridor (Seed, $25M) TechCrunch
- Sep 17, 2026Sep 17, 2026Bain Capital Ventures Raises $1.6B To Bet On 'Life After AGI' Pulse story
- Sep 16, 2026Sep 16, 2026Bain Capital Ventures Closes $1.6B Fund For 'Post-AGI' Bets Pulse story
- Sep 8, 2026Sep 8, 2026Invested in Forus (Series C, $150M) Bloomberg
Earlier changes (7)
- Aug 6, 2026Aug 6, 2026Invested in Lumilens (Series C, $700M) SiliconANGLE
- Jul 30, 2026Jul 30, 2026Invested in Simile (Series B, $200M) TechCrunch
- Jul 14, 2026Jul 14, 2026Invested in Chai Discovery (Series C, $400M) Law360
- Jun 30, 2026Jun 30, 2026Invested in Straiker (Series A, $64M) The Next Web
- Jun 18, 2026Jun 18, 2026Invested in Dream ($260M) PR Newswire / Reuters
- Jun 10, 2026Jun 10, 2026Invested in Modal Labs (Series C, $355M) Crunchbase News
- Jun 27, 2024Jun 27, 2024Invested in MagicSchool AI (Series A, $15M) TechCrunch
Portfolio
16 totalRecent Investment Activity
10Track record: led 4 and participated in 6 of 10 tracked venture rounds · 9 in the last 12 months · led 2 Series C, 1 Seed, 1 Series A
Sector / Stage Activity
Co-Investors
12Value Add Research
- Market & Trends · Sep 27, 2026Crusoe Series F: Inside the $30.9B AI Data Center Company
- AI & Technology · Sep 9, 2026Forus Valuation: $3B After $150M Series C, Triple in 4 Months
- AI & Technology · Aug 29, 2026Simile AI Valuation 2026: $2B After a 20x Jump in 5 Months
- AI & Technology · Aug 22, 2026Decagon Valuation 2026: $4.5B (Jan 2026) — $100M ARR
- AI & Technology · Aug 22, 2026Nvidia's $7B Poolside Deal: The Reverse Acquihire Playbook
- AI & Technology · Aug 19, 2026Rillet Hits $1B After ARR Doubled Every Quarter
- Growth & Marketing · Aug 4, 2026Apollo vs Lusha — $150M vs $64M ARR (2026)
- AI & Technology · Jul 24, 2026Etched Hits $21B, Up From $10.3B in Under a Month
Latest Pulse
- Sep 21, 2026Corridor Raises $25M To Rebuild SMB Health BenefitsCorridor raised a $25 million seed round led by Bain Capital Ventures to build an AI-native health insurance brokerage for businesses with 1 to 100 employees, a segment traditional brokers often deprioritize.→
- Sep 18, 2026AI Infrastructure Financing Just Broke Its Own CeilingCrusoe's $3.9B raise and Bain Capital Ventures' $1.6B 'post-AGI' fund landed in the same 24 hours, and both are the same bet: the compute and services layer under AI is where the money is actually going now.→
- Sep 18, 2026This Week Alone Nearly Matched A Month Of AI Infra CapitalCrusoe's $3.9B raise and CoreWeave's roughly $6B combined debt-and-equity push this week total nearly $10B, against Pulse's own tracker showing $129.9B across 347 startup deals over the past 17 weeks.→
- Sep 17, 2026Crusoe Hits Initial Close On $3.9B Series F At $30.9BCrusoe's AI data-center buildout tripled its valuation to $30.9B in under a year, with Nvidia, Founders Fund and three sovereign-linked funds among the backers of the initial close.→
- Sep 17, 2026Bain Capital Ventures Raises $1.6B To Bet On 'Life After AGI'Bain Capital Ventures closed its largest fund yet, built around backing startups that sell AI-completed work itself rather than the software tools underneath it.→
- Sep 16, 2026Bain Capital Ventures Closes $1.6B Fund For 'Post-AGI' BetsBain Capital Ventures closed its eleventh flagship fund at $1.6 billion, 14% larger than its predecessor, betting on AI agents as the primary driver of a coming 'post-AGI' economy.→
- Sep 8, 2026Forus Triples Valuation To $3B In Series CForus raised a $150 million Series C led by Bain Capital Ventures at a $3 billion valuation, tripling its worth months after its Series B, as its AI agents automate prescription prior authorization for providers nationwide.→
- Sep 8, 2026Forus Triples to a $3B Value in Four MonthsForus, an AI network that automates prescription access between doctors, pharmacies and payers, raised $150 million at a $3 billion valuation -- roughly triple its mark from four months ago.→
- Aug 20, 2026Nvidia Pays $6B to License Poolside's Coding AINvidia agreed to pay $6B to non-exclusively license Poolside's code-generation models and invest $1B at a $12B valuation, while extending job offers to roughly 109 Poolside employees.→
- Aug 18, 2026Rillet Hits $1B Valuation on $100M Series CRillet raised a $100 million Series C led by ICONIQ at a $1 billion valuation, its third round in a year, pushing total funding past $200 million for an AI-native accounting platform aimed at NetSuite and Sage.→
- Aug 18, 2026Etched's Valuation Doubles to $21B in a MonthAI inference-chip startup Etched raised $700 million at a $21 billion valuation weeks after its $10.3 billion mark, with first customer Jane Street already running Etched's Sohu chips in production.→
- Aug 18, 2026Etched Raises $700M as Valuation Doubles to $21BEtched raised $700 million led by Jane Street at a $21 billion valuation, doubling the $10.3 billion mark it set in July after the quant firm tested the startup's inference hardware and installed a rack in its own data center.→
- Aug 8, 2026AI's Next Bottleneck Isn't Chips — It's the WiresLumilens emerged from stealth with $700M+ in new funding at a $5.51B valuation to build the optical links between AI chips, the same week Terafab, Taalas and Hadrian all bet on AI's physical layer.→
- Aug 5, 2026The Educator Who Built a $63M AI Edtech StartupMagicSchool AI, founded by a former school principal who says VCs initially refused to fund an educator, has now raised $63M and reaches an educator in nearly every US school district.→
- Jul 30, 2026Simile Raises $200M to Simulate Human Behavior at ScaleSimile raised a $200 million Series B led by Greenoaks at a $2 billion valuation, just five months after its $100 million Series A, to build foundation models that simulate how humans will respond to products and decisions before they ship.→
- Jul 30, 2026Simile Raises $200M at $2B to Simulate Human BehaviorSynthetic-user startup Simile closed a $200 million Series B at a $2 billion valuation, just five months after its $100 million Series A, to scale AI simulations that predict how real people will behave.→
- Jul 7, 2026Norm AI Hits $1.2B Valuation With $120M Series CNorm AI raised $120 million led by Khosla Ventures at a $1.2 billion valuation, as its AI-native "Norm Law" agents take on document drafting and compliance work under attorney supervision.→
- Jul 1, 2026Lime Rings the Nasdaq Bell at $25 as Uber-Backed Scooter Giant Reaches $1.8B Market CapLime — the world's largest shared micromobility operator, formally Neutron Holdings — priced its Nasdaq IPO at the $25 midpoint on June 30 and begins trading July 1 under ticker LIME, raising roughly $174-182M at a $1.63-1.8B market cap. Uber, which owns a meaningful stake and operates Lime bikes and scooters through its ride-hail app, is a key backer testing whether the scooter category still has a public-market future after Bird's bankruptcy.→
- Jun 29, 2026Straiker Raises $64M Series A to Secure the Enterprise AI Agent WorkforceStraiker, which calls itself 'the agentic security company,' raised a $64 million Series A -- bringing total funding to $85 million -- to protect the enterprise AI agents that legacy security tools were never built to govern. The round was led by Marathon Management Partners with Citi Ventures, Illuminate Financial and Workday Ventures, plus existing backers Bain Capital Ventures and Lightspeed.→
- Jun 18, 2026Dream Raises $260M at $3B to Sell 'Sovereign AI' Cyber Defense to GovernmentsDream, the Israeli cybersecurity startup founded by former NSO Group CEO Shalev Hulio and former Austrian Chancellor Sebastian Kurz, raised $260 million at a $3 billion valuation -- roughly tripling its mark in a year as it sells AI-driven national cyber defense directly to governments and critical-infrastructure operators. Just three years old, the company says it has booked nearly $300 million in total contract value since commercial launch in late 2024, and the new round was co-led by Bicycle Capital and Group 11.→
Bain Capital Ventures FAQ
What companies has Bain Capital Ventures invested in?
Bain Capital Ventures' portfolio includes Etched, Armadin, Modal Labs, Corridor, Forus, Poolside, and 10 more tracked companies.
Who does Bain Capital Ventures co-invest with most?
In the rounds Value Add tracks, Bain Capital Ventures most often invests alongside Bain Capital (7 shared deals), Accel (5 shared deals), SV Angel (5 shared deals), Andreessen Horowitz (4 shared deals), Kleiner Perkins (3 shared deals).
Sources & methodologyshow
- PR Newswire / Reutersprimary source1 fact
- Bloombergmajor outlet1 fact
- SiliconANGLEmajor outlet1 fact
- TechCrunchmajor outlet1 fact
- TechCrunchmajor outlet1 fact
- TechCrunchmajor outlet1 fact
- TechCrunchmajor outlet1 fact
- Crunchbase Newsresearch database1 fact
Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.