Bullpen Capital Investments & Fund Profile

Overview

Venture capital fund investing in post-seed early-stage companies.

Founded

2010

Deals · 12mo

8

Links

Website LinkedIn X (Twitter)

Stage focus

Seed

Series A

Series B

Geographic focus

Canada

United States

Sector focus

Finance

Financial Services

Venture Capital

Investment portfolio

129rounds

LedParticipated

NAME	DATE	SIZE
RASA	Oct 2026Participated	$10 MOther Equity
Topdog	Sep 2026Participated	$3 MSeed
EDGE Markets	Jun 2026Participated	$29 MSeries A
SpeedLabs	Jun 2026Participated	$7 MSeed
BetHog	Apr 2026Participated	$10 MSeries A
Flip CX, Inc.	Jan 2026Participated	$20 MSeries A
Ciphero	Dec 2025Participated	$3 MSeed
Seneca	Oct 2025Participated	$60 MOther Equity
Jolly	Mar 2025Participated	$17 MSeries A
Daash Intelligence	Jan 2025Led	$6 MSeed
OneRail	Dec 2024Participated	$42 MSeries C
BetHog	Nov 2024Participated	$6 MSeed
RASA	Oct 2026Participated	$10 MOther Equity
Topdog	Sep 2026Participated	$3 MSeed
EDGE Markets	Jun 2026Participated	$29 MSeries A
SpeedLabs	Jun 2026Participated	$7 MSeed
BetHog	Apr 2026Participated	$10 MSeries A
Flip CX, Inc.	Jan 2026Participated	$20 MSeries A
Ciphero	Dec 2025Participated	$3 MSeed
Seneca	Oct 2025Participated	$60 MOther Equity
Jolly	Mar 2025Participated	$17 MSeries A
Daash Intelligence	Jan 2025Led	$6 MSeed
OneRail	Dec 2024Participated	$42 MSeries C
BetHog	Nov 2024Participated	$6 MSeed

129 Items

129

Items

...

Browse all public portfolio deals

Insights

Time horizon

View by

Deal Distribution

Bullpen Capital: 129 funding rounds are recorded in the selected participation categories. All available history
Round type	Led deals	Participated deals
Seed	10	10
Series A	21	30
Series B	2	18
Series C+	1	11
Other Equity	11	15

Monthly Deal Activity

Bullpen Capital: 129 deals are recorded across 190 months. All available history
Month	Deals
Jan '11	1
Feb '11	0
Mar '11	0
Apr '11	0
May '11	1
Jun '11	1
Jul '11	2
Aug '11	0
Sep '11	1
Oct '11	1
Nov '11	1
Dec '11	1
Jan '12	0
Feb '12	1
Mar '12	1
Apr '12	2
May '12	0
Jun '12	0
Jul '12	0
Aug '12	0
Sep '12	1
Oct '12	0
Nov '12	1
Dec '12	1
Jan '13	1
Feb '13	1
Mar '13	0
Apr '13	1
May '13	0
Jun '13	2
Jul '13	1
Aug '13	0
Sep '13	2
Oct '13	0
Nov '13	1
Dec '13	0
Jan '14	1
Feb '14	0
Mar '14	0
Apr '14	0
May '14	0
Jun '14	3
Jul '14	0
Aug '14	1
Sep '14	1
Oct '14	0
Nov '14	2
Dec '14	0
Jan '15	0
Feb '15	2
Mar '15	1
Apr '15	0
May '15	0
Jun '15	0
Jul '15	2
Aug '15	2
Sep '15	1
Oct '15	0
Nov '15	0
Dec '15	0
Jan '16	0
Feb '16	0
Mar '16	0
Apr '16	2
May '16	0
Jun '16	0
Jul '16	0
Aug '16	0
Sep '16	0
Oct '16	0
Nov '16	1
Dec '16	1
Jan '17	0
Feb '17	0
Mar '17	2
Apr '17	0
May '17	0
Jun '17	0
Jul '17	3
Aug '17	2
Sep '17	0
Oct '17	0
Nov '17	0
Dec '17	0
Jan '18	0
Feb '18	0
Mar '18	0
Apr '18	2
May '18	0
Jun '18	2
Jul '18	0
Aug '18	0
Sep '18	0
Oct '18	2
Nov '18	0
Dec '18	1
Jan '19	1
Feb '19	1
Mar '19	0
Apr '19	2
May '19	2
Jun '19	2
Jul '19	0
Aug '19	1
Sep '19	2
Oct '19	1
Nov '19	1
Dec '19	0
Jan '20	1
Feb '20	0
Mar '20	1
Apr '20	3
May '20	0
Jun '20	0
Jul '20	0
Aug '20	2
Sep '20	2
Oct '20	0
Nov '20	1
Dec '20	1
Jan '21	1
Feb '21	1
Mar '21	1
Apr '21	4
May '21	1
Jun '21	3
Jul '21	3
Aug '21	2
Sep '21	2
Oct '21	0
Nov '21	0
Dec '21	1
Jan '22	2
Feb '22	3
Mar '22	1
Apr '22	0
May '22	0
Jun '22	0
Jul '22	0
Aug '22	0
Sep '22	2
Oct '22	0
Nov '22	2
Dec '22	0
Jan '23	0
Feb '23	1
Mar '23	0
Apr '23	1
May '23	0
Jun '23	0
Jul '23	0
Aug '23	0
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	0
Jun '24	0
Jul '24	0
Aug '24	1
Sep '24	0
Oct '24	0
Nov '24	1
Dec '24	1
Jan '25	1
Feb '25	0
Mar '25	1
Apr '25	0
May '25	0
Jun '25	0
Jul '25	0
Aug '25	0
Sep '25	0
Oct '25	1
Nov '25	0
Dec '25	1
Jan '26	1
Feb '26	0
Mar '26	0
Apr '26	1
May '26	0
Jun '26	2
Jul '26	0
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.

Bullpen Capital: Enterprise Software is the largest displayed sector by deal count (53 deals). All available history
Sector	Deals
Enterprise Software	53
Networks, Cloud & Communication	41
Media & Entertainment	20
Data, Analytics & IT	19
Marketing & Advertising	19
E-Commerce & Retail	18
Consumer & Lifestyle	17
Fintech	15
AI & Machine Learning	15
Professional Services	15
Transportation & Logistics	14
Gaming & eSports	12
Health & Life Sciences	11
Social & Community Platforms	10
Travel & Hospitality	9
Real Estate & Construction	9
Education & Workforce	6
Hardware & Robotics	5
Food & Agriculture	5
Developer Tools	5
Clean Energy & Sustainability	3
Space & Frontier Tech	3
Government & Defense	2
Cybersecurity & Privacy	2
Crypto & Blockchain	2
AR/VR	1
Manufacturing	1

Deal Size Distribution

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Bullpen Capital: 129 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)	Deals
<$5M	36
$5M-$10M	40
$10M-$25M	35
$25M-$50M	9
$50M-$100M	5
$100M-$250M	2
$250M-$500M	2
$500M-$1B	0
$1B+	0

Deals By Geography

Top 7 of 7 regions; European countries are grouped as Europe.

Bullpen Capital: United States has the largest recorded deal count among the displayed regions (110 deals). All available history
Region	Deals
United States	110
Canada	8
Europe	6
Mexico	2
Singapore	1
Ip13 8lu	1
Indonesia	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.

Bullpen Capital: 20 co-investors are shown, with Gaingels sharing 8 recorded deals. All available history
Co-investor	Shared deals
Gaingels	8
500 Global	7
Chicago Ventures	7
Blumberg Capital	6
First Round	6
Floodgate	6
Lerer Hippeau	6
True Ventures	6
ValueStream Ventures	6
Accelerator Ventures	4
BDC Capital	4
Bessemer Venture Partners	4
Bonfire Ventures	4
Crosslink Capital	4
Digital Currency Group	4
Draper Associates	4
Golden Ventures	4
Las Olas Venture Capital	4
Mana Ventures	4
Salesforce Ventures	4