Blumberg Capital
| Blumberg Capital | |
|---|---|
 Blumberg Capital Logo | |
| Type | Private |
| Industry | Early Stage Venture Capital |
| Founded | 1991 |
| Founder | David J. Blumberg[1] |
| Headquarters | , |
| Website | blumbergcapital |
Blumberg Capital is an early and growth stage venture capital firm that partners with visionary enterprise AI founders from inception through exit. The firm often leads Seed and Series A rounds. Blumberg Capital has offices in San Francisco, Tel Aviv, Miami, and New York. Blumberg Capital was founded in 1991 by David J. Blumberg, a long-time investor who is frequently cited in venture capital and entrepreneurship discussions across North America, including Miami,[2] and Israel .[3][4] The firm's initial investments typically range from $500,000 to $5-million with additional amounts reserved for follow-on funding.
Investments
[edit]Blumberg Capital invests in enterprise AI companies in North America, Israel and Europe across fintech, supply chain & logistics, healthtech, cybersecurity, data infrastructure and analytics and other enterprise software sectors. Blumberg Capital was the first investor in now public companies such as Braze, DoubleVerify, Nutanix[5] and Katapult. In 2016, The Wall Street Journal noted Blumberg Capital's win[6] with the IPO of Nutanix in "Nutanix IPO Likely to Return More Than 20x for Blumberg, Lightspeed."
On September 17, 2021, Blumberg Capital announced its fifth flagship fund, Blumberg Capital Fund V, an early stage fund to help entrepreneurs use AI, big data, and other transformative technologies.[7] The fund raised $225M, the most of any its four previous funds, bringing Blumberg Capital's total amount raised to over $750M.[8] Blumberg Capital Fund V (BCV) portfolio companies include Angle Health, VerAI among others in the fintech, health tech, supply chain and logistics industries. The firm also invests out of a Venture Growth Fund, announcing investments in companies such as Snorkel AI.[9]
Blumberg backed companies including Addepar,[10] BioCatch, Braze, CaseStack, Check Point, Credorax, Cyvera, Deep Instinct, DoubleVerify, DSP Group, Easyknock, efi, eVoice, Fundbox,[11] HootSuite, Lendio, Namogoo, Nutanix, Parse.ly, SQream DB, WorkJam,[11] Trulioo, CoverHound, IntSights, Ferrum Health, Wunder Mobility, and Apester (Heb).[12]
References
[edit]- ↑ "Venture capital and health system investors are bullish on tech startups". Modern Healthcare. 2020-01-18. Retrieved 2020-07-29.
- ↑ researcher, Riley KaminerI am a Miami-based technology; startups, writer with a passion for sharing stories about the South Florida tech ecosystem I. particularly enjoy learning about GovTech; Intelligence, Cutting-Edge Applications of Artificial (2026-10-13). "David Blumberg on why Miami's tech moment is still gaining ground - Refresh Miami". Retrieved 2026-10-13.
- ↑ O’Brien, Chris (25 May 2011). "O'Brien: LinkedIn doesn't mean we're in a bubble". Mercury News. Retrieved 11 March 2014.
- ↑ Calvey, Mark (21 January 2011). "Venture capitalists fly into angels' territory". San Francisco Business Journal. Retrieved 11 March 2014.
- ↑ Haggin, Patience (2016-09-29). "Nutanix IPO Likely to Return More Than 20x for Blumberg, Lightspeed". Wall Street Journal. ISSN 0099-9660. Retrieved 2026-10-13.
- ↑ Haggin, Patience (2016-09-29). "Nutanix IPO Likely to Return More Than 20x for Blumberg, Lightspeed". Wall Street Journal. ISSN 0099-9660. Retrieved 2026-10-13.
- ↑ Sonoda, Deann (2021-09-17). "Fund V: Seeding the Next Generation of Innovation". Blumberg Capital. Retrieved 2022-04-25.
- ↑ Ravet, Hagar (2021-09-17). "Blumberg Capital closes $225 million fifth fund". CTECH - www.calcalistech.com. Retrieved 2025-09-05.
- ↑ AI, Snorkel. "Snorkel AI Raises $350M to Scale the Data Factory for Frontier AI". www.prnewswire.com. Retrieved 2026-10-13.
- ↑ O'Mara, Kelly (10 June 2012). "Addepar means to be the only technology platform RIAs will ever need -- and has MIT minds and PayPal money to back it up". United States: RIABiz. RIABiz LLC. Retrieved 13 February 2017.
- 1 2 "Companies | Blumberg Capital". www.blumbergcapital.com. Retrieved 2019-02-01.
- ↑ Schiff, Allison (2016-04-19). "Apester Picks Up $12 Million To Help Publishers Embrace Native". AdExchanger. Retrieved 2024-09-03.
