As we wrap up 2024, I'm blown away by the incredible milestones Bonfire Ventures 🔥 founders achieved this year. Let me take you behind the scenes of what building alongside exceptional teams looks like:
The growth stories:
⇒ Writer tripled revenue and hit a $1.9B valuation with 250+ enterprise customers
⇒ Boulevard landed at #163 on the Inc. 5000 with 2,276% 3-year growth
⇒ We backed several new companies building at the forefront of AI, including Reactiv and Mithrl
What excites me most is seeing how B2B software - a category that can be seen as unimpactful - makes a tangible impact on the world. We see this across our portfolio everyday. From CalmWave transforming ICU care, to SafeRide Health ensuring millions of rides from patient homes to healthcare appointments, and companies like Supio and Reactiv that convert customers into investors. Our portfolio is solving problems that matter.
We’ve been lucky to celebrate an active and successful 2024:
✅ $30M deployed into new technology companies across auto, legal, healthcare, e-commerce, fintech and AI infrastructure
✅ Companies across the portfolio raising significant up-rounds despite the market (special shoutouts to Writer & Supio)
This year reinforced why we love backing B2B founders at the seed stage. There's nothing quite like partnering with teams who see around corners and build category-defining companies.
2025, we're ready for you!
What emerging B2B trends are you most excited about for next year?
#VCInvesting #StartupSuccess #VCPortfolio #B2BSoftware
I will be there to collect my autograph