HomeUSAFuture Back Ventures Closes First Five Investments

Future Back Ventures Closes First Five Investments

Bain & Company

Future Back Ventures (FBV), a San Francisco, CA-based, Bain & Company-backed venture fund focused on investing in early-growth startups founded or led by Bain alumni, closed on its first five investments.

Investments included Vendelux, Common Sense Privacy, Duckbill, HIVED, and Qube. Via these investments, FBV joined a cohort of venture capitalists including Forerunner Ventures, General Catalyst, Greycroft and FirstMark Capital.

Launched in 2023, Future Back Ventures by Bain & Company invests in early stage, Bain Alumni-led companies and provides portfolio companies access to strategic consulting support, talent, community, tools, and resources. It is led by Head of Fund Ann Scott-Plante, who returned to Bain to lead FBV after founding a company of her own.

Bain alumni have been founding companies for decades. There have been more than 40 companies that have achieved $1 billion valuations founded by Bain alumni since the mid-1990s, according to the firm. Companies founded by Bain alumni include BetterUp, Delhivery, Faire, Intuit, Net-a-Porter, Plaid, Riot Games, Xiaohongshu, among others.

To learn more about FBV— including details on the fund’s planned Inaugural Bain Alumni Pitch Day set to take place on Wednesday, April 24, in San Francisco— visit the fund’s website.

VCWire

15/04/2024