Bloomberg Beta

Bloomberg Beta
Industry Venture Capital
Founded June 2013 (2013-06)
Founder Bloomberg L.P.
Headquarters San Francisco, California, United States
Key people
 Roy Bahat
Karin Klein
James Cham
Shivon Zillis
Shaina Conners
Morgan Polotan
Total assets $150 million
Website www.bloombergbeta.com

Bloomberg Beta is an early stage venture capital firm with $150M under management, capitalized solely by Bloomberg. The fund exists to expand Bloomberg’s horizons by investing in companies that make business work better, with a focus on machine intelligence. Bloomberg Beta was recognized by VC review site CB Insights as the #2 investor in AI. The firm invests purely for financial return. Led by Roy Bahat, a technology business operator and entrepreneur, Bloomberg Beta has an unconventional investing model where anyone on the team can say yes to a deal. The investing partnership has an equal male-to-female ratio.[1][2]

The fund launched in June, 2013 with $75 million of funding from Bloomberg L.P.[1][2]

Bloomberg Beta is headquartered in San Francisco, California, with additional operations in New York City.

Partners

Bloomberg Beta consists of six full-time employees: Roy Bahat, Karin Klein, James Cham, Shivon Zillis, Morgan Polotan and Shaina Conners. Bahat was previously the President of IGN Entertainment and was the chairman of Ouya Inc. until June 2015.[3]

Relationship with Bloomberg L.P.

Bloomberg Beta is operated as a separate legal entity from Bloomberg L.P., which is the sole investor in the fund.[4]

Notable investments

References

  1. 1 2 "Bloomberg Launches Bloomberg Beta, A $75 Million Early-Stage Investment Fund Led By Former IGN Exec Roy Bahatt". TechCrunch. June 4, 2013. Retrieved June 3, 2014.
  2. 1 2 "Bahat to Head $75 Million Bloomberg Beta Tech Fund". June 4, 2013. Retrieved June 3, 2014.
  3. ↑ https://www.linkedin.com/in/roybahat
  4. 1 2 "Bloomberg Begins Fund to Invest in Start-Ups". The New York Times. June 5, 2013. Retrieved June 3, 2014.
  5. ↑ Loizos, Connie. "Survata Surveys Investors, Raises $6 Million Series A". TechCrunch. Retrieved 2015-07-20.
  6. ↑ "Survata Announces $6 Million in Series A Funding". Survata Blog. Retrieved 2015-07-20.
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