B Capital
B Capital is a global multi-stage venture capital firm managing $12+ billion across Technology, Healthcare, and Energy & Resilience sectors, serving early-to-late-stage founders through 9 global offices and a strategic BCG partnership.
- Company typePrivate
- Founded2015
- HeadquartersManhattan Beach, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
What B Capital does
B Capital is a global multi-stage venture capital firm founded in 2015 by Eduardo Saverin (Facebook co-founder) and Raj Ganguly. The firm manages $12+ billion in assets under management across dedicated early-stage and growth-to-late-stage funds, backing 200+ portfolio companies in Technology (enterprise software, fintech, AI), Healthcare (health-tech, digital health, biotech, medtech), and Energy & Resilience sectors. B Capital operates from 9 global offices spanning San Francisco (headquarters), Singapore (APAC regional HQ), Doha (Middle East regional HQ), Los Angeles, New York, Austin, and Hong Kong, with a team of 100+ employees led by Co-CEOs Saverin and Ganguly alongside Chair & General Partner Howard Morgan (co-founder of First Round Capital).
The firm's principal differentiation is its strategic partnership with Boston Consulting Group, which gives portfolio companies structured access to 11,000+ BCG consultants, 1,800+ advisors across Fortune 1000 corporations, and BCG's 100+ offices across 50+ countries via a Technology Advisor Program, BCG Engagements, and Commercial Business Development support. Revenue mechanics follow standard VC economics: management fees on committed AUM (industry-typical 1.5-2% annually) plus carried interest on realized fund returns. Recent fund activity demonstrates scale and momentum — Ascent Fund III closed at its $500 million hard cap in July 2026, oversubscribed and nearly double the $254 million predecessor fund, with 20+ investments already made.
B Capital has materially deepened its AI investing capability through senior hires — most notably GP Yan-David Erlich (former COO/CRO of Weights & Biases, former GP at Coatue Ventures) to lead the AI co-worker and infrastructure thesis — and has aggressively led large 2026 rounds in AI infrastructure, robotics, geothermal, and frontier tech (Apptronik $520M, Fervo Energy $462M, Lunar Energy $232M, PaleBlueDot AI $150M). The firm was also selected as an AMED-registered VC in Japan, formalizing its expansion into Japanese biotech and pharma commercialization.
B Capital firmographics
Firmographics- Name
- B Capital
- Legal name
- B Capital Group Management, LP
- Website
- https://b.capital
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- B Capital is a global multi-stage venture capital firm managing $12+ billion across Technology, Healthcare, and Energy & Resilience sectors, serving early-to-late-stage founders through 9 global offices and a strategic BCG partnership.
- Ownership category
- akta.pro rank
B Capital industry classification
Industry- Product category
- Venture Capital and Private Equity
- NAICS
- Other Financial Investment Activities (5239), Other Investment Pools and Funds (5259)
- SIC
- Investors, Nec (6799)
- akta.pro primary industry
- Early-Stage Venture Capital (Series A/B) (FSANAAAB)
- akta.pro secondary industry
- Late-Stage Venture Capital (Series C+) (FSANAAAC)
Keywords
Where B Capital is headquartered
LocationHeadquarters
- HQ city
- Manhattan Beach
- HQ country
- United States
- HQ region
- North America
Offices7 records
Markets served
B Capital business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Management Fees: Venture capital firms typically charge management fees on assets under management, typically 1.5-2% annually, to cover operational costs and investment sourcing.
- Carried Interest (Performance Fees): VC firms earn carried interest typically 20% of profits above the hurdle rate from portfolio company exits, representing the primary revenue driver for fund performance.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
B Capital product offering
Product offeringCore offering
B Capital is a global multi-stage venture capital firm that invests capital from limited partners into early-stage (seed through Series B) and growth-to-late-stage portfolio companies across Technology, Healthcare, and Energy & Resilience sectors. Through its strategic partnership with Boston Consulting Group, B Capital supplements capital with operational advisory, corporate introductions, talent support, and capital advisory services to help portfolio companies scale across US and Asian markets.
Product overview
B Capital is a global multi-stage venture capital investment firm that does not offer products or services in the traditional SaaS/software sense. The firm provides venture capital funding and investment services across Technology, Healthcare, and Energy & Resilience sectors. Through its strategic partnership with Boston Consulting Group, B Capital offers portfolio companies access to advisory services, market expertise, talent acquisition support, and capital advisory. The firm manages assets through stage-based funds including early-stage funds (such as Ascent Fund III) and growth to late-stage funds, deploying capital into early and late-stage portfolio companies globally.
Differentiator
Problem solved
Functional benefit
Products and services
- Ascent Fund III (Early-Stage Fund) Multi-stage venture capital fund focused on Seed, Series A, and Series B investments in early-stage technology, healthcare, energy, and frontier technology companies across North America and Asia. Limited partners commit capital and receive returns through fund exits and IPOs.
- Growth to Late-Stage Investment Funds Dedicated stage-based venture capital funds providing growth to late-stage capital to companies across B Capital's Technology, Healthcare, and Energy & Resilience verticals. These funds complement the early-stage Ascent vehicles and enable B Capital to invest throughout the company-building lifecycle.
- B Capital & BCG Platform Services Strategic advisory platform combining B Capital's integrated platform team with Boston Consulting Group's 11,000+ consultants, 1,800+ advisors across Fortune 1000 corporations, and 100+ offices across 50+ countries. Services include the Technology Advisor Program, BCG Engagements, and Commercial Business Development support provided to portfolio companies.
Quantifiable outcome
- $12+ billion in assets under management
- +2 more outcomes
Companies that use B Capital
Customer profileNamed customers8 records
Segments3 records
Ideal customer profiles3 records
B Capital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
B Capital partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Boston Consulting Group (BCG)coreStrategic partnership providing B Capital portfolio companies access to BCG's global network of 11,000+ consultants, 1,800+ advisors across Fortune 1000 corporations, and operations in 100+ offices across 50+ countries. Services include Technology Advisor Program, BCG Engagements, and Commercial Business Development support for portfolio companies.
Scale indicators6 records
Recent moves6 records
Expansion highlights6 records
B Capital competitors and assessment
Company assessmentBroad incumbents
- Sequoia Capital: One of the largest and most established multi-stage venture firms with global offices, investing across technology, healthcare, and energy. Direct comparison point as a top-tier multi-sector VC with multi-stage funds.
- Andreessen Horowitz (a16z): Large multi-stage venture platform with dedicated bio/health, infrastructure, and AI funds; closest peer in scale, multi-sector strategy, and platform-services approach.
- Insight Partners: Late-stage-heavy global investor in enterprise/AI software with strong ScalePlay and operational support. Comparable as a scale-up platform investor competing for growth rounds.
- Kleiner Perkins: Heritage multi-stage venture firm investing across tech and healthcare with significant AUM. Comparable for cross-sector platform investing and stage diversification.
- Coatue Ventures: Late-stage technology investor with prior B Capital GP Yan-David Erlich on Coatue's team; active in AI infrastructure and consumer/enterprise tech that overlaps B Capital's enterprise/AI focus.
Direct peers
- General Catalyst: Multi-stage VC operating across technology, healthcare, and energy with strong applied-AI and resilience/climate theses. Closest direct competitor in stage diversification and sector mix.
- Lightspeed Venture Partners: Multi-stage global VC with U.S., India, and Asia presence actively investing in AI, energy, and enterprise; overlapping portfolio companies (e.g., SolarSquare) make it a direct peer.
- Accel: Long-standing multi-stage global VC with U.S., Europe, and India platforms investing in technology and consumer. Co-investor with B Capital in India deals (Bounce, Code Metal).
- First Round Capital: Seed-stage focused venture firm co-founded by B Capital Chair Howard Morgan. Strong precedent peer given leadership overlap and identical seed/Series A focus.
Others
- Temasek Holdings: Singapore-headquartered sovereign investor with significant growth/tech exposure; B Capital GP Jeff Johnson was previously a Temasek MD. Strategic LP and ecosystem counterpart.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
B Capital social profiles
Digital presenceB Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
B Capital leadership team
Management profileNumber of profiles
Profiles23 records
B Capital funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
B Capital M&A and investment
M&A and investmentM&A1 record
Investments346 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about B Capital
What does B Capital do?
B Capital is a global multi-stage venture capital firm that invests capital from limited partners into early-stage (seed through Series B) and growth-to-late-stage portfolio companies across Technology, Healthcare, and Energy & Resilience sectors. Through its strategic partnership with Boston Consulting Group, B Capital supplements capital with operational advisory, corporate introductions, talent support, and capital advisory services to help portfolio companies scale across US and Asian markets.
Is B Capital a public or private company?
B Capital is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was B Capital founded?
B Capital was founded in 2015. It employs 101 to 250 people.
Where is B Capital based?
B Capital is headquartered in Manhattan Beach, United States, in the North America region.
How does B Capital make money?
Two revenue lines are on record. Management Fees are the primary driver. The others are carried Interest (Performance Fees).
Who are B Capital's main competitors?
Broad incumbents on record are Sequoia Capital, Andreessen Horowitz (a16z), Insight Partners, Kleiner Perkins and Coatue Ventures. Direct peers are General Catalyst, Lightspeed Venture Partners, Accel and First Round Capital. Temasek Holdings is listed as an others.
Does B Capital have an API?
No public API is recorded for B Capital.
What industry is B Capital in?
B Capital's product category is Venture Capital and Private Equity. Its primary akta.pro industry code is FSANAAAB, Early-Stage Venture Capital (Series A/B), with a secondary code of FSANAAAC, Late-Stage Venture Capital (Series C+). Its NAICS code is 5239 and its SIC code is 6799.