We see ourselves doing about 40 deals over the course of Fund I. As we noted in our fund strategy, we like to work close with companies to provide them other relevant resources post-investment and *if applicable, additional capital (must meet reinvestment criteria).

While we are an industry-agonistic fund, we have intentionally built industry-specific screening into our evaluation and due diligence processes. Our investments so far represent eight unique and differentiated verticals for maximum diversification and impact.

As with other professionally managed funds, The BFM Fund has a team of General Partners/Managing Directors who oversee the operations of the fund and make investment decisions. We routinely pull from the expertise of our Limited Partner/investor base to help facilitate industry-specific deal screening. We also pull from our Limited Partner/investor base for company advisor and board member opportunities.

We generally invest between the Series Seed and Series A round.

Venture investing is a high-risk, high-reward environment where returns can take 5-10 years to pay out. The primary way that any equity-focused venture fund gets a pay out is through a liquidation event. Broadly speaking, this is when a portfolio investment either gets acquired or goes public through IPO.

The investment period for The BFM Fund I is 2020-2025.

On average, the Investment Period is the most active period in a fund's life. During this time the GP is sourcing and evaluating potential investments, conducting business and valuation due diligence, negotiating term sheets, and closing deals.

The life cycle of Fund I is from 2020 to 2030 with two 1-yr extensions.

PLEASE NOTE: The life cycle of a typical private equity fund is usually ten years, but that ten years generally doesn't start until the team raises substantial capital and it doesn't end until all assets are sold. So, the life cycle of a private equity fund may stretch to as long as 15 years.

Venture Backable is where an institutional investor (investing other people's money) can get a 10X-100X return on their investment. Other investors may look for smaller returns, but in general VC's are looking for the potential for outsized returns.

Funding from VCs sounds great because it solves your near-term problems. But do you really want to grow into a $1 billion+ company? Be honest - once you take that money you’re signed up for the $1 billion + ride. And if that’s not what you want then we can almost guarantee you that the money won’t be worth it. There is nothing wrong with building a business that doesn’t scale to VC-level outcomes. In fact – We’d argue that non-VC businesses are just as critical if not more critical to the economy.

This application will take 15 to 20 minutes, require you to upload your pitch deck and provide financial projections for the next 5 years.

If you're not ready to apply, or if you have questions, please reach out to us at founders@bfm.fund