BBG Ventures

BBG Ventures last closed a fund in October 2024 — 25 months ago. By its own rhythm, that is already past its usual gap.

Next fund

Jun 2026

past due

last close~20 mo39 mo

BBG Ventures has raised 4 times about every 20 months. The last was BBG Ventures IV-I, L.P. That pointed to Jun 2026. It is 5 months past its own gap and has not filed a new fund.

Historically about 1 in 4 firms in this position filed within a year. The month is approximate — how often this is right.

Watch BBG Ventures →Told at 6am the day it files — Morning seat All firms due to raise How the call is made

Mid-cycle This firm is far enough into its last fund to be investing, and too early to be raising again.

Funds on file: 4
Single-deal SPVs: 1
Capital raised: $89M
Latest close: October 2024
Based in: DE, NY

Vehicles on file

Vehicle	First close	Amount	Filings
BBG Ventures IV-I, L.P.	October 2024	$6M	0002041502 ↗
BBG Ventures IV, L.P.	October 2022	$54M	0001949254 ↗
BBG Ventures III-A, L.P.	February 2021	$5M	0001844251 ↗
BBG Ventures III, L.P.	August 2019	$25M	0001783098 ↗
BBGV SPV I a series of BBG Ventures SPV LLC (single-deal SPV)	November 2020	$459,450	0001836037 ↗

Each row links to that vehicle’s Form D filings on EDGAR — the name, date and amount above should match what is filed there.

Named on filings

Susan Lyne, Nisha Dua

What BBG Ventures invests in

Typical fund: $25M median, pre-seed / seed scale
Median of this firm’s filed fund sizes on Form D.
Says it invests in: fintech · health/bio · climate/energy · consumer · enterprise/SaaS
“We invest across the systems shaping our polycultural future: health , work , vertical Al , consumer , fintech , and climate .” — its own site, read September 2026
Says it invests at: pre-seed · seed
“We back pre-seed and seed founders who know the problem from the inside.” — its own site, read September 2026
Cheque size, in its words: $
“Pre-seed & seed Stage $500k-$2M Size We like to lead, help shape the round, and often take board seats — but we’re flexible on structure and comfortable partnering with others.” — its own site, read September 2026
Website: bbgventures.com
As filed by the adviser on Form ADV, March 2026.

Sector and stage are quoted from the firm’s own website, not inferred, and dated.

Service providers

Fund administrator: Aduro (4 funds), Allocations Fund Administration (1 fund), AngelList (Belltower) (1 fund)
Auditor: Frank Rimerman (3 funds)

From Form ADV filed by BBG VENTURES MANAGEMENT, LLC CRD 309525 ↗, latest filing March 2026, covering 5 funds linked to this firm by Form D file number. Form ADV is filed once a year, so a provider may have changed since. How this is matched.

What this is. Every figure on this page comes from Form D filings with the U.S. Securities and Exchange Commission — public records, reproduced here as filed. Service providers, where shown, come from the adviser’s Form ADV and are dated.

What it is not. Single-deal SPVs, feeder vehicles and GP or employee commitment funds are listed but excluded from fund counts and capital totals: an SPV is one investment, a feeder holds the same capital as its master, and a “Principals” or “Entrepreneurs” fund closes alongside a main fund rather than being raised in its own right. Capital deployed from a family office, a corporate balance sheet or an evergreen structure never arrives as a fund close, so a firm doing that looks quiet here. Amounts are as of the last amendment and go stale. Dates are the date of first sale — a fund's first close, not its final one. Funds filed as “Indefinite” are excluded from totals rather than counted as zero, so a total is a floor.

“No recent fund” is a statement about filings. It is not a statement about whether a firm is solvent, investing, or still in business.