Bonfire Ventures
725 Arizona Avenue #400, Santa Monica, CA, 90401, United States
Overview
Seed funding for business software solutions and industry transformation.
Founded
2017
Deals · 12mo
10
Stage focus
Geographic focus
Sector focus
Investment portfolio
| NAME | DATE | SIZE | |
|---|---|---|---|
Santé | Oct 2026Participated | $15 MSeries A | |
Destro AI | Sep 2026Led | $8 MSeed | |
Katalyze AI | Jul 2026Led | $11 MSeed | |
Vali Health | Jun 2026Participated | $6 MOther Equity | |
Ranger AI | May 2026Led | $8 MSeed | |
Juno | Apr 2026Led | $12 MSeed | |
Odynn | Feb 2026Led | $10 MSeed | |
Santé | Feb 2026Led | $8 MSeed | |
Risotto | Jan 2026Led | $10 MSeed | |
Jeeva AI | Dec 2025Participated | $9 MOther Equity | |
Alvys | Sep 2025Participated | $40 MSeries B | |
Bonsai Health | Sep 2025Led | $7 MSeed | |
Santé | Oct 2026Participated | $15 MSeries A | |
Destro AI | Sep 2026Led | $8 MSeed | |
Katalyze AI | Jul 2026Led | $11 MSeed | |
Vali Health | Jun 2026Participated | $6 MOther Equity | |
Ranger AI | May 2026Led | $8 MSeed | |
Juno | Apr 2026Led | $12 MSeed | |
Odynn | Feb 2026Led | $10 MSeed | |
Santé | Feb 2026Led | $8 MSeed | |
Risotto | Jan 2026Led | $10 MSeed | |
Jeeva AI | Dec 2025Participated | $9 MOther Equity | |
Alvys | Sep 2025Participated | $40 MSeries B | |
Bonsai Health | Sep 2025Led | $7 MSeed |
Insights
Time horizon
View by
Deal Distribution
| Round type | Led deals | Participated deals |
|---|---|---|
| Seed | 34 | 10 |
| Series A | 3 | 24 |
| Series B | 0 | 12 |
| Series C+ | 0 | 2 |
| Other Equity | 5 | 6 |
Monthly Deal Activity
| Month | Deals |
|---|---|
| Oct '17 | 1 |
| Nov '17 | 0 |
| Dec '17 | 0 |
| Jan '18 | 0 |
| Feb '18 | 0 |
| Mar '18 | 0 |
| Apr '18 | 0 |
| May '18 | 2 |
| Jun '18 | 1 |
| Jul '18 | 1 |
| Aug '18 | 0 |
| Sep '18 | 0 |
| Oct '18 | 0 |
| Nov '18 | 0 |
| Dec '18 | 0 |
| Jan '19 | 0 |
| Feb '19 | 1 |
| Mar '19 | 1 |
| Apr '19 | 0 |
| May '19 | 0 |
| Jun '19 | 0 |
| Jul '19 | 0 |
| Aug '19 | 2 |
| Sep '19 | 1 |
| Oct '19 | 3 |
| Nov '19 | 1 |
| Dec '19 | 0 |
| Jan '20 | 0 |
| Feb '20 | 0 |
| Mar '20 | 1 |
| Apr '20 | 0 |
| May '20 | 1 |
| Jun '20 | 0 |
| Jul '20 | 1 |
| Aug '20 | 1 |
| Sep '20 | 1 |
| Oct '20 | 3 |
| Nov '20 | 3 |
| Dec '20 | 1 |
| Jan '21 | 0 |
| Feb '21 | 1 |
| Mar '21 | 4 |
| Apr '21 | 1 |
| May '21 | 1 |
| Jun '21 | 0 |
| Jul '21 | 0 |
| Aug '21 | 8 |
| Sep '21 | 2 |
| Oct '21 | 3 |
| Nov '21 | 2 |
| Dec '21 | 0 |
| Jan '22 | 4 |
| Feb '22 | 2 |
| Mar '22 | 0 |
| Apr '22 | 0 |
| May '22 | 0 |
| Jun '22 | 1 |
| Jul '22 | 0 |
| Aug '22 | 2 |
| Sep '22 | 0 |
| Oct '22 | 1 |
| Nov '22 | 2 |
| Dec '22 | 1 |
| Jan '23 | 0 |
| Feb '23 | 3 |
| Mar '23 | 1 |
| Apr '23 | 0 |
| May '23 | 0 |
| Jun '23 | 3 |
| Jul '23 | 1 |
| Aug '23 | 1 |
| Sep '23 | 1 |
| Oct '23 | 1 |
| Nov '23 | 0 |
| Dec '23 | 0 |
| Jan '24 | 0 |
| Feb '24 | 0 |
| Mar '24 | 0 |
| Apr '24 | 0 |
| May '24 | 1 |
| Jun '24 | 1 |
| Jul '24 | 2 |
| Aug '24 | 1 |
| Sep '24 | 0 |
| Oct '24 | 0 |
| Nov '24 | 3 |
| Dec '24 | 0 |
| Jan '25 | 1 |
| Feb '25 | 0 |
| Mar '25 | 0 |
| Apr '25 | 1 |
| May '25 | 0 |
| Jun '25 | 0 |
| Jul '25 | 1 |
| Aug '25 | 1 |
| Sep '25 | 2 |
| Oct '25 | 0 |
| Nov '25 | 0 |
| Dec '25 | 1 |
| Jan '26 | 1 |
| Feb '26 | 2 |
| Mar '26 | 0 |
| Apr '26 | 1 |
| May '26 | 1 |
| Jun '26 | 1 |
| Jul '26 | 1 |
| Aug '26 | 0 |
| Sep '26 | 1 |
| Oct '26 | 1 |
Sector Breakdown
A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.
| Sector | Deals |
|---|---|
| Enterprise Software | 50 |
| AI & Machine Learning | 43 |
| Networks, Cloud & Communication | 19 |
| Health & Life Sciences | 16 |
| Marketing & Advertising | 15 |
| Fintech | 15 |
| Professional Services | 14 |
| Data, Analytics & IT | 13 |
| E-Commerce & Retail | 9 |
| Hardware & Robotics | 7 |
| Cybersecurity & Privacy | 6 |
| Education & Workforce | 5 |
| Transportation & Logistics | 5 |
| Real Estate & Construction | 3 |
| Consumer & Lifestyle | 3 |
| Media & Entertainment | 3 |
| Social & Community Platforms | 3 |
| Government & Defense | 2 |
| Crypto & Blockchain | 2 |
| Developer Tools | 2 |
| AR/VR | 1 |
| Space & Frontier Tech | 1 |
| Manufacturing | 1 |
Deal Size Distribution
Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.
| Round size band (USD) | Deals |
|---|---|
| <$5M | 29 |
| $5M-$10M | 27 |
| $10M-$25M | 27 |
| $25M-$50M | 10 |
| $50M-$100M | 3 |
| $100M-$250M | 0 |
| $250M-$500M | 0 |
| $500M-$1B | 0 |
| $1B+ | 0 |
Deals By Geography
Top 6 of 6 regions; European countries are grouped as Europe.
| Region | Deals |
|---|---|
| United States | 89 |
| Canada | 2 |
| Europe | 2 |
| Hong Kong | 1 |
| Mexico | 1 |
| 91367 | 1 |
Co-Investors
Bubble size = shared deals
Click a bubble to open that fund in a new tab.
Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.
| Co-investor | Shared deals |
|---|---|
| Operator Collective | 9 |
| Daher Capital | 7 |
| Alumni Ventures | 6 |
| Greycroft | 5 |
| Bullpen Capital | 4 |
| Foundry Group | 4 |
| GTMfund | 4 |
| Matchstick Ventures | 4 |
| RTP Global | 4 |
| Struck Capital | 4 |
| Alpha Edison | 3 |
| Battery Ventures | 3 |
| BBG Ventures | 3 |
| CRV | 3 |
| Index Ventures | 3 |
| Industry Ventures | 3 |
| Launch Capital | 3 |
| Sapphire Ventures | 3 |
| SOSV | 3 |
| Tau Ventures | 3 |
Investment Strategy
| Category | Deals (count) | Share (%) |
|---|---|---|
| Led | 42 | 44% |
| Participating | 54 | 56% |
| Category | Deals (count) | Share (%) |
|---|---|---|
| Single-lead | 31 | 74% |
| Co-led | 11 | 26% |
Team
Partner & Managing Director
Head of Marketing & Platform
Vice President
Principal
Co-Founder & Managing Director
VP Operations
Co-Founder & Managing Director
Principal