We focus on investments in consumer companies and supporting technologies for consumer companies. Each partner has unique areas of expertise, so we can bring in-depth market knowledge to bear on these sectors. On a deal-by-deal basis, we will consider opportunities outside of these industries.
BEV initially invests $1 million to $5 million in a company and keeps at least that same amount in reserve against future financing needs. Past investments have been as small as $1 million and as large as $10 million.
We have served as the lead investor in about half of our financings; however, we are comfortable functioning in either a lead or participatory role. BEV always invests together with a syndicate of other venture firms; over the years, BEV partners have co-invested with 100+ other venture firms.