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Bain Capital

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Last 12 months
5 investments
Tracked investments
26

What they invest in

from 24 of 26 portfolio companies

AI & Machine Learning Γ—9Enterprise Software Γ—9SaaS Γ—8Fintech Γ—5Developer Tools Γ—4Hardware Γ—4Biotech Γ—3Crypto & Web3 Γ—3

HQs:United StatesΓ—13AustraliaΓ—1CanadaΓ—1GermanyΓ—1United KingdomΓ—1SwedenΓ—1

Investments Β· 26 tracked

founders shown can be your intro path

By year:2026 Β· 52021 Β· 16 dated

Anderaandera.aiβœ“ verified

Andera is an AI tool for auditors that ingests audit evidence in any format and produces audit-ready workpapers, performing AI-based control testing without requiring an engineering team.

AI & Machine LearningEnterprise SoftwareFintech

Aryo Patel(Founder)in

Co-investorsA*Bain Capital VenturesLightspeed Venture Partners

Beeline Medicinesbeelinemedicines.comβœ“ verified

Beeline Medicines is a clinical-stage biotechnology company developing precision therapies that target the underlying drivers of immune dysfunction for people living with autoimmune and inflammatory diseases such as lupus and psoriasis.

BiotechHealthtechStamford, US

Co-investorsBain Capital Life Sciences

Cardurioncardurion.cominβœ“ verified

Cardurion is a cardiovascular disease-focused company developing therapeutics, with a pipeline advanced through clinical development, trial design, regulatory affairs, and commercialization.

BiotechDigital HealthHealthtechMedical DevicesBurlington, US

Michael Mendelsohn, M.D.(Founder)inMichael E. Mendelsohn(Founder and Chief Strategy Officer)

Co-investorsDelos CapitalDigitalis VenturesNew Enterprise Associates (NEA)

Decodabledecodable.coSep 2021βœ“ verifiedAcquired

Decodable offers a serverless data engineering platform for building and managing real-time data pipelines, aimed at data engineers, application developers, and data scientists.

AI & Machine LearningCloud ComputingData & InfrastructureDeveloper ToolsSaaSWalnut, US

Eric Sammer(Founder & CEO)

BoardEthan Batraski(Director)in

Co-investorsVenrockHarpoon VenturesRackhouse Venture Management LpScribble VenturesBain Capital Ventures

Estia Healthestiahealth.com.auinβœ“ verified

Estia Health Limited is an Australian residential aged care provider.

Digital HealthHealthtechWellness & Fitness

Co-investorsMercury Capital

Granicagranica.aiβœ“ verified

Granica is an AI research and products company that builds enterprise AI infrastructure customers own and run inside their own environment, including Myelin (stateful infrastructure for long-running agents), Crunch (a data lake optimization engine that reduces storage and compute costs), and Large Tabular Models for generative AI on tabular data.

AI & Machine LearningData & InfrastructureEnterprise SoftwareMountain View, US

Rahul Ponnala(Co-founder & CEO)Edgar Wu(Founder)Sumit Rawat(Founder)Zhen Wang(Founder)

Co-investorsNew Enterprise Associates (NEA)Abstract VenturesSINEWAVE VENTURESBain Capital Ventures

Infiniainfinia.xyzinβœ“ verified

Infinia provides digital finance infrastructure that connects traditional banking networks with digital asset rails, enabling cross-border settlement and real-time treasury operations for enterprise customers in emerging markets.

Crypto & Web3Enterprise SoftwareFintechNew York, US

Ianai Urwicz(CEO)Alejandro Rettig(CTO)

Co-investorsVariant FundLattice CapitalReverieTekton VenturesY Combinator

SafeBreach Attack Simulation Platformsafebreach.cominπ•βœ“ verified

SafeBreach offers a continuous threat exposure management (CTEM) platform that combines breach and attack simulation, attack path validation, and an AI agent to help enterprise security teams identify, prioritize, and remediate cyber risk.

AI & Machine LearningCybersecurityEnterprise SoftwareSaaS

Guy Bejerano(CEO & Co-founder)Itzik Kotler(CTO & Co-founder)inMichal Weiner(Chief Financial Officer)Raman Kumar(Chief Customer Officer)

Co-investorsOCV PartnersDTCP33NBright Pixel CapitalDnx VenturesEmerald Development Managers+2 more

Sduisdui.deinβœ“ verified

Sdui provides a digital education platform for schools and daycare centers, offering apps and suites for communication, administration, and learning/grade management including chat, video conferencing, calendars, and resource planning.

EdTechSaaS

Co-investorsFranz Haniel & Cie. GmbHPando Ventures

Atomsatoms.coin𝕏Jul 2026 Β· $1.7B

Builds automated kitchen systems using robotics to produce consistent, affordable meals at scale.

FoodTechHardwareRobotics

Co-investorsAbstract VenturesAlpha Wave GlobalAndreessen HorowitzBain Capital VenturesSV AngelAlpha Square Group+5 more

Beelinebeeline.co

Beeline makes compact GPS navigation devices (Moto II and Velo 2) and a companion app offering turn-by-turn directions, speed, and ride tracking for motorcyclists and cyclists.

ConsumerHardwareMobility & Transportation

Mark(Co-founder)Tom(Co-founder)Tom Putnam(Founder)in

Co-investorsEarlymarketTrue.

Benchgetbench.aiin

Bench builds engineering software for hardware development in the AI era.

AI & Machine LearningDeveloper ToolsEnterprise SoftwareHardwareSaaS

Co-investorsSuperSeedVanagonInovia Capital

Cardurion Pharmaceuticals, Inc.

BiotechBurlington, US

Michael Mendelsohn(Executive Officer, Director)

BoardEvan Rachlin(Director)Peter Lawrence(Executive Officer, Director)Edward Mathers(Director)Adam Koppel(Director)inNicholas Downing(Director)

Co-investorsBain Capital Life SciencesNEA SecondaryPolaris PartnersThird Rock Ventures

ExtraHopextrahop.comin𝕏

ExtraHop provides RevealX, a network security and observability platform that consolidates NDR, network performance monitoring, and intrusion detection into a single system.

AI & Machine LearningCloud ComputingCybersecurityEnterprise SoftwareSaaSSeattle, US

Raja Mukerji(Founder)inPalvi Mehta(Executive Officer)Theodore Coons(Director)Sujal Patel(Director)Arindum Mukerji(Executive Officer, Director)Jesse Rothstein(Executive Officer, Director)

Co-investorsMadrona Venture Group

Fluentfluent.xyz𝕏

Fluent is a blockchain platform with a mainnet and testnet that supports "blended" app development, enabling developers to build on-chain applications.

Crypto & Web3Deep TechDeveloper Tools

Co-investorsMH VenturesTPC Club (The presale club)TPC VenturesEspresso Systems

Fluent Commercefluentcommerce.comin

Fluent Commerce provides Fluent Order Management, a distributed order management system that retailers and brands use to coordinate inventory, fulfillment, and omnichannel operations such as store pickup and dropship.

E-commerceRetail TechSaaS

Co-investorsArrowroot CapitalFive V CapitalPartners for GrowthPartners for Growth (PFG)

Hazelhazelhq.comin

HR TechVancouver, CA

Co-investorsTechstarsOwl Ventures

Hazelhellohazel.com

Hazel makes disposable briefs designed for women experiencing bladder leaks, offering underwear-like products with a control top.

Direct to ConsumerFemTechWellness & Fitness

Co-investorsBAM VenturesBroad Street AngelsEntrepreneurs Roundtable Accelerator (ERA)Overeasy VenturesHuman VenturesOwl Ventures

Infiniainfiniaweb.cominJul 2026 Β· $13.5M

Infinia provides a unified API infrastructure for global payments and financial services, enabling businesses to collect, convert, and disburse money across 200+ countries with local compliance and regulatory requirements built-in.

Enterprise SoftwareFintechSaaSMontevideo, UY

Ianai Urwicz(Founder)inAlejandro Rettig(Founder)in

Co-investorsFlucas VenturesKube VCY CombinatorVariant Fund

Keystone Agency Partnerskeystoneagencypartners.comin

Keystone Agency Partners is an insurance brokerage platform that acquires and partners with independent insurance agencies across the US, offering them growth resources and shared services.

FintechInsurTech

Dan Girardi(Chief Strategy Officer)

Co-investorsWarburg PincusCrescent Capital

Legoralegora.comin𝕏Mar 2026 Β· $550M

Legora builds AI-powered collaboration software for lawyers to automate routine tasks and improve efficiency in legal work.

AI & Machine LearningEnterprise SoftwareLegalTechStockholm, SE

Max Junestrand(Founder)inSigge Labor(Founder)inAugust ErsΓ©us(Co-founder)

BoardJacob Effron(Redpoint board member)Logan Bartlett(Redpoint board member)

Co-investorsAbstract VenturesAccelAlkeon InnovationAtlassian VenturesBain Capital VenturesBessemer Venture Partners+26 more

Mergemergevr.comin𝕏Jan 2026

Merge Labs creates AR/VR learning tools for K-12 education, including the Merge Cube handheld interface and Merge EDU platform, enabling immersive hands-on STEM and science learning in classrooms and educational spaces.

AI & Machine LearningEdTechHardwareSan Antonio, US

Andrew Trickett(Founder)in

Co-investorsGeekdomNew Ground VenturesAccelFifty YearsInterface FundRothenberg Ventures

Merge LabsJan 2026

San Antonio, US

Andrew Trickett(Executive Officer, Director)Franklin Lyons(Executive Officer, Director)

BoardLew Moorman(Director)in

Co-investorsStarship VenturesFifty YearsInterface FundScaleworks

Optimizelyoptimizely.cominAcquired

Optimizely develops an AI-powered marketing operating system used by over 10,000 businesses to manage campaigns and conduct experiments.

AI & Machine LearningDeveloper ToolsEnterprise SoftwareMarketing TechSaaSNew York, US

Pete Koomen(Founder)inDan Siroker(Co-founder and former Chief Executive Officer)Alexander Atzberger(Chief Executive Officer of combined Optimizely)inShafqat Islamin

BoardIlya Fushman(Director)inScott Weiss(Director)

Co-investorsAdvancit CapitalAndreessen HorowitzAshton KutcherBattery VenturesBridge BankCorrelation Ventures+19 more

Wonder Groupwonder.com

Cloud kitchen platform and in-person cafeterias delivering curated meals.

New York, US

Marc Lore(Executive Officer, Director, Promoter)inAntony Hoggett(Executive Officer)Jay Naik(Executive Officer)Andrew Gasper(Executive Officer)Gabrielle Rabinovitch(Executive Officer)

BoardDave Munichiello(Director)in

Co-investorsA-Rod CorpAAF Management Ltd.AccelBain Capital VenturesHarmony PartnersNew Enterprise Associates (NEA)+4 more

Zero Hashzerohash.comin𝕏

Zero Hash provides API-based infrastructure for banks, brokerages, and fintechs to embed crypto trading, stablecoin payments, and tokenized financial assets into their platforms.

Crypto & Web3Data & InfrastructureFintechChicago, US

Adam Berg(Chief Financial Officer)Stephen Gardner(Chief Legal Officer and Secretary)Adam Leaman(Chief Commercial Officer)Tom Sosnoff(Director)Edward Woodford(Chief Executive Officer)Adam Carson(Director)

Co-investorsNycaNyca PartnersPoint72 VenturesStruck CapitalJump CryptoSocially Financed+1 more

Portfolio news

latest coverage across their companies

Fund performance Β· per public LP disclosures Β· 36

as of Mar 2025
FundVintageCommittedNet IRRTVPIDPI
Bain Capital Beacon Roll SPV XI Private EquityLPs: Pennsylvania Public School Employees' Retirement System2025β€”β€”1.00x1.00x
Bain Capital Beacon Roll SPV XIILPs: Pennsylvania Public School Employees' Retirement System2025β€”β€”0.74x0.42x
Bain Capital Special Situations Managed Account (CLP), L.P.LPs: California Public Employees' Retirement System2024β€”β€”1.27x0.00x
Bain Capital Asia Fund VLPs: California Public Employees' Retirement System, California State Teachers' Retirement System, Maryland State Retirement and Pension System2023β€”β€”1.23x0.12x
Bain Capital Europe Fund VI, SCSpLPs: California Public Employees' Retirement System, California State Teachers' Retirement System, Maryland State Retirement and Pension System2023β€”β€”1.12x0.00x
Bain Capital Insurance Fund, L.P.LPs: Texas Municipal Retirement System, California Public Employees' Retirement System2023β€”16.4%1.23x0.08x
Bain Capital RE Fund II ALPs: Los Angeles County Employees Retirement Association2021β€”-0.8%0.98x0.09x
Bain Capital Special Situations Asia II, L.P.LPs: Pennsylvania Public School Employees' Retirement System, Ventura County Employees' Retirement Association2021β€”18.8%1.33xβ€”
Bain Capital Fund XIII, L.P.LPs: New Mexico Educational Retirement Board, Maryland State Retirement and Pension System2020β€”6.8%1.13x0.16x
Bain Capital Asia Fund IV-B, L.P.LPs: Pennsylvania Public School Employees' Retirement System2019β€”24.4%1.74x1.06x
Bain Capital Fund XII-A, L.P.LPs: Pennsylvania Public School Employees' Retirement System2017β€”18.8%1.93x1.56x
Bain Capital Fund XII, L.P.LPs: New Mexico Educational Retirement Board, Maryland State Retirement and Pension System2017β€”19.0%1.85x1.10x
Bain Capital Special Situations Asia, LPLPs: Pennsylvania Public School Employees' Retirement System2017β€”β€”1.00xβ€”
Bain Capital Asia Fund IIILPs: California State Teachers' Retirement System, Los Angeles City Employees' Retirement System, Andrew W. Mellon Foundation +1 more2016β€”19.0%1.91x1.21x
Bain Capital Asia Fund III-A, L.P.LPs: Pennsylvania Public School Employees' Retirement System2016β€”23.8%2.20x1.39x
Bain Capital Fund XILPs: The Regents of the University of California, New Mexico Educational Retirement Board, Andrew W. Mellon Foundation +2 more2014β€”19.6%1.87x1.58x
Bain Capital Fund XI-A, L.P.LPs: Pennsylvania Public School Employees' Retirement System2014β€”20.4%1.88x1.48x
Bain Capital Fund XI-A, L.P. Private EquityLPs: Pennsylvania Public School Employees' Retirement System2014β€”β€”1.90x1.86x
Bain Capital Middle Market Credit 2014, LPLPs: Pennsylvania Public School Employees' Retirement System2013β€”5.3%1.24x1.12x
Bain Capital Asia Fund II, LPLPs: Pennsylvania Public School Employees' Retirement System, California State Teachers' Retirement System, Carnegie Corporation of New York2012β€”16.4%1.80x1.67x
Bain Capital Distressed and Special Situations 2013 (A + AIV I), L.P.LPs: Pennsylvania Public School Employees' Retirement System2012β€”13.8%1.79x0.37x
Bain Capital Middle Market Credit 2010, L.P.LPs: Pennsylvania Public School Employees' Retirement System2010β€”9.2%1.26x1.26x
Bain Capital Europe Fund IIILPs: The Regents of the University of California, Carnegie Corporation of New York, Andrew W. Mellon Foundation +2 more2008β€”18.3%2.02x1.93x
Bain Capital X (Co-investment)LPs: The Regents of the University of California2008β€”3.0%1.21x1.21x
Bain Capital Europe III, L.P.LPs: The Regents of the University of California, Andrew W. Mellon Foundation2007β€”17.9%1.90x1.51x
Bain Capital Europe Ill, L.P.LPs: The Regents of the University of California2007β€”16.8%β€”1.07x
Bain Capital Fund X Co-Invest, L.P.LPs: The Regents of the University of California2007β€”4.5%1.27x0.58x
Bain Capital Fund X Co-lnv15l, L.P.LPs: The Regents of the University of California2007β€”3.7%β€”β€”
Bain Capital Fund X, L.P.LPs: California State Teachers' Retirement System, The Regents of the University of California, Employees' Retirement System of Rhode Island +6 more2007β€”8.8%1.60x1.51x
Bain Capital Fund IX Co-Invest L.P.LPs: The Regents of the University of California2006β€”8.8%β€”1.40x
Bain Capital Fund IX, L.P.LPs: California State Teachers' Retirement System, The Regents of the University of California, Andrew W. Mellon Foundation +6 more2006β€”6.4%1.54x1.54x
Bain Capital IX (Co-investment)LPs: The Regents of the University of California, Annie E. Casey Foundation2006β€”7.3%1.48x1.41x
Bain Capital IX Coinvestment Fund, LPLPs: California State Teachers' Retirement System, The Regents of the University of California, Andrew W. Mellon Foundation +3 more2006β€”9.9%1.77x1.77x
Bain Capital Fund VIII - Coinvestment Fund, L.P.LPs: The Regents of the University of California2004β€”12.5%1.77x1.75x
Bain Capital Fund VIII (Co-investment)LPs: The Regents of the University of California2004β€”12.5%1.77x1.77x
Bain Capital Fund VIII, L.P.LPs: The Regents of the University of California, Carnegie Corporation of New York, Andrew W. Mellon Foundation +2 more2004β€”12.2%1.96x1.96x

Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).