Bain Capital Ventures
Multi-stage venture capital fund investing in growth-stage start-ups.
Available information varies by company and source.
Profile record updated:
Company facts
- Official name
- Bain Capital Ventures, LP
- Entity type
- COMPANY
- Company size
- 50–200
- Market role
- Private Equity, VC & Investor
- Official website
- baincapitalventures.com
What Bain Capital Ventures does
The firm operates a venture capital model. It raises closed-end investment funds from limited partners, invests that capital into privately held companies across stages, supports those portfolio companies, and monetises through management fees on committed or managed capital plus carried interest on realised investment gains. Value is created by sourcing attractive deals, backing companies early enough to capture upside, and helping them scale towards follow-on financings or exits.
Category differentiation
This is a venture capital investor, not a software vendor, adtech platform, or Bain & Company. It is the venture investing arm within Bain Capital rather than a standalone operating technology business.
Strategic context
AI-supported assessment from the existing company research; distinguish interpretation from sourced facts.
Bain Capital Ventures is the venture capital business within Bain Capital, focused on investing across multiple stages and sectors rather than selling software or media products. It raises capital from limited partners into venture funds and deploys that capital into start-ups, aiming to generate returns through portfolio appreciation and exits. The firm is US-based, with offices in the Bay Area, New York City, and Boston, and reported assets under management above $10 billion. Its direct customers are primarily institutional and high-net-worth limited partners seeking venture exposure, while its operating counterparties are founders and start-up management teams seeking equity financing and strategic support.
Company news briefing
Briefing updated:
Bain Capital Ventures has formally established its $1.6 billion Fund XI to target post-AGI era startups spanning AI infrastructure, healthcare, physical AI, and security. The firm continues to back high-growth enterprise and AI ventures, having participated in Etched's $700 million funding round at a $21 billion valuation, supported Simile's human decision-making AI platform, and joined the Series B round for agentic security startup Armadin.
Business model & monetisation
Primary monetisation comes from venture fund economics: recurring management fees charged on assets under management or committed capital, and carried interest earned on profitable exits. Additional commercial strength comes from raising successive fund vintages, increasing assets under management, and compounding realised returns into future fundraising credibility.
- Fund management fees
- Recurring fees on committed or managed capital
- Carried interest
- Performance share of realised investment profits
- Co-investment economics
- Participation in specific deals alongside core funds
Products & capabilities
No products with linked sources are available in this view.
Recent recorded signals
Dates refer to the source publication. Older entries are historical context, not evidence of a new event.
Corridor Raises $25M Seed for AI Health Benefits Brokerage
Financials · Recorded impact score: 2/5
Corridor, an AI-powered health benefits brokerage for small businesses, announced a $25 million seed round led by Bain Capital Ventures. The startup combines human advisors with AI agents that handle administrative tasks like checking in-network doctors, scheduling care, and updating insurance info. Founded by Jackson Wagner (ex-Scale AI) and Eric Qian, with CEO Nikhil Aggarwal, the company aims to address the underserved SMB market. Investors include BoxGroup and executives from OpenAI, Scale AI, and Ramp. Corridor is preparing for Q4, when most small businesses choose their health plans.
- Corridor raised a $25 million seed round led by Bain Capital Ventures.
- The company was founded by Jackson Wagner, Eric Qian, Nikhil Aggarwal, and Jason Dong.
Bain Capital Ventures Raises $1.6B Fund for Post-AGI Era Startups
Venture Capital Funding · Recorded impact score: 3/5
Bain Capital Ventures (BCV) has raised a new $1.6 billion fund, 14% larger than its previous $1.4 billion fund from three years ago. The firm plans to deploy the capital primarily into startups focused on AI, particularly in infrastructure, healthcare, physical AI, and security, which it calls the 'post-AGI era.' BCV aims to fund compute infrastructure until AI becomes 'too cheap to meter,' and cites portfolio company Crusoe, a data center developer valued at $30 billion and a near-term IPO candidate. The firm also highlights investments in Loyal, a pet longevity startup, and Dream, an AI-powered national infrastructure defender. BCV intends to invest in 30 to 40 companies, primarily at seed through Series B stages, leveraging Bain Capital's expertise in credit, real estate, insurance, and private equity to support founders with more than just equity capital.
- Bain Capital Ventures raised a new $1.6 billion fund, 14% larger than its previous $1.4 billion fund.
- The fund is the firm's 11th and will focus on AI startups in infrastructure, healthcare, physical AI, and security.
Capital’s Duty to the Future
Recorded impact score: 4.5/5
We’re pleased to announce that we’ve raised $1.6B of total capital for Bain Capital Ventures’ Fund XI.
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Questions about Bain Capital Ventures
What is Bain Capital Ventures?
It is the venture capital arm of Bain Capital that invests in start-ups through multi-stage venture funds.
Who uses Bain Capital Ventures?
Its paying customers are limited partners that allocate capital to its funds, while founders use it as a source of equity financing and strategic support.
How does Bain Capital Ventures make money?
It earns management fees on its funds and carried interest on profitable investment exits.
Sources & coverage
This profile uses public, official and technically observable information. Missing information does not prove that a product or relationship does not exist. The list below does not imply that every profile statement has been verified.
18 publicly documented primary sources and citations linked across the market graph.
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