Brightstone Venture Capital
Venture capitalMinneapolis · Seed–Late Stage · 11 people tracked
Find your way into Brightstone Venture Capital
337 people in our graph share verified history with the Brightstone Venture Capital team — schools, employers, funds. One of them is your warm intro.
Investment thesis
Brightstone manages a $100 million venture fund targeting early-growth stage opportunities, leveraging the operating and investment experience of its partners. It invests in technology sectors including data storage, AR/VR, AI/machine learning, enterprise security, blockchain, cloud infrastructure and marketplaces, as well as life sciences areas such as regenerative medicine, stem cells, next-gen diagnostics, genomics/gene editing, medical devices, drug discovery tools and personalized medicine.
Source: firm website, verified Aug 23, 2026.
Team · 11 people
from the firm's website & public directories
What they invest in
from 19 of 27 portfolio companiesBiotech ×6Healthtech ×6SaaS ×6AI & Machine Learning ×3Creator Economy ×3Enterprise Software ×3Medical Devices ×3Cloud Computing ×2
HQs:United States×16
Who they back
founder profiles across 13 portfolio companiesFounding team size:solo founder×52 founders×73 founders×1
Where their founders studiedfrom 12 founders with education data
Harvard University ×2Stanford University ×2
What their founders studiedfrom 10 founders with field-of-study data
Computer Science ×4Engineering ×2Life Sciences ×2Medicine ×2Physics ×2
Accelerator rootsportfolio companies that came through a program
Investments · 27 tracked
founders shown can be your intro pathBy year:2021 · 12016 · 12 dated
Celcuity is a commercial-stage biotechnology company developing targeted cancer therapies for tumors involving the PAM (PI3K/AKT/mTOR) pathway, including breast, prostate, lung, endometrial, colon, and ovarian cancers.
BiotechHealthtechMedical DevicesMinneapolis, US
Lance G. Laing(Executive Officer, Director, Promoter)inBrian F. Sullivan(Executive Officer, Director, Promoter)inLance G. Laing, Ph.D.(Chief Science Officer, Vice President, Secretary and Director)Vicky Hahne(Executive Officer)in
BoardDavid F. Dalvey(Director)inRichard E. Buller(Director)
Board seatDavid Dalvey· per SEC Form D
Co-investorsNew Enterprise Associates (NEA)
HomeSpotter provides mobile and marketing software for real estate brokerages, teams, and agents, including automated listing ads across Facebook, Instagram, and the web, digital open house lead generation, and branded MLS search apps.
Marketing TechPropTechSaaSMinneapolis, US
Aaron Kardell(Executive Officer, Director)
Board seatDavid Dalvey· per SEC Form D
Co-investorsMatchstick VenturesSandalphon Capital
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Afriex provides a remittance service enabling immigrants to transfer money to over 25 countries at low costs with rapid settlement.
FintechSan Francisco, US
Tope Alabi(Founder)inJohn Obirije(Founder)in
Co-investorsAdaverseDragonflyFoundersMetastableOpen Opportunity FundPrecursor Ventures+4 more
BiotechHealthtechSt. Paul, US
Joshua Woolley(Executive Officer)inRyan Gladney(Executive Officer)Gary Graham(Executive Officer)Dan W. Gladney(Executive Officer, Director)inPeter DeLange(Executive Officer)inBruce A. Machmeier(Executive Officer)
Co-investorsAngel Physicians FundBroadview VenturesPortfoliaCatalyst Health VenturesXeraya Capital
San Jose, US
Yiren Huang(Executive Officer, Director)Alan Armstrong(Executive Officer, Director)Joseph DeFranco(Executive Officer)
BoardLip Bu Tan(Director)inBen Yu(Director)inBill Moore(Director)
Co-investorsCastor VenturesCisco InvestmentsM12 (Microsoft's Venture Fund)We VenturesCelesta CapitalDell Technologies Capital+1 more
CodeStream built a developer collaboration tool that brought code discussion, review, and issue tracking directly into the IDE, integrating with editors like VS Code and JetBrains.
AI & Machine LearningDeveloper ToolsEnterprise SoftwareSaaSNew York City, US
Claudio Pinkus(Founder)in
Co-investorsPJCY CombinatorS28 Capital
End-to-end commercial real estate platform for brokers, agents, tenants and owners; raised a $40M Series B.
Michael DeGiorgio(Founder)inLuke Morris(Founder)
Co-investorsBaroda VenturesFounder CollectiveHemisphere Ventures LLCHypothesisJackson Square VenturesKarlin Ventures+9 more
Cryosa develops an incisionless medical treatment that uses controlled cooling to reduce tissue and open airways.
BiotechHealthtechMedical DevicesArden Hills, US
Laura Stoltenberg(Executive Officer, Director)in
BoardDavid Belitz(Director)inDoug French(Director)James Eadie(Director)Donald Gonzales(Founder and Chief Medical Officer)
Co-investorsSolas BioVentures
FLYR provides a modular Offer & Order retailing platform for airlines, layered on top of existing passenger service systems to enable omnichannel shopping carts, dynamic AI-driven pricing, marketplace bundling of flights with hotels and activities, post-booking servicing, and cross-airline commerce.
AI & Machine LearningSaaSTravel & HospitalitySan Francisco, US
Alex Mans(Founder and Chief Executive Officer)inCyril Guiraud(Co-Founder and Former Chief Marketing Officer)inJean Tripier(Executive Officer, Director)
BoardUllas Naik(Director)inPankaj Shah(Director)
Co-investorsBeyond CapitalBoeing HorizonX VenturesCota CapitalHaymaker VenturesJetBlue VenturesSKY VC+4 more
Gravie provides health benefits products for small and midsize businesses, including its flagship Comfort level-funded health plan with zero-cost coverage of common services, as well as traditional copay/HSA plans and ICHRA administration.
Digital HealthHealthtechInsurTechMinneapolis, US
Abir Sen(Director)Marek Ciolko(Executive Officer)Marlon Cush(Executive Officer)inDan Schabold(Executive Officer)inSteve Wolin(CEO)inJill Prevost(Executive Officer, Promoter)in
Co-investorsFirstMark CapitalGeneral AtlanticK2 HealthVenturesAtlantic Vantage Point
Intact Therapeutics develops next-generation biopharmaceutical therapies for gastrointestinal diseases to address unmet clinical needs.
BiotechHealthtechSan Francisco, US
Ravi Pamnani(Founder/CEO)inSidhartha Sinha(Founder)in
Co-investorsY Combinator
Miromatrix develops fully biologic organs using decellularization and recellularization technology for transplant patients.
BiotechLongevityMedical DevicesEden Prairie, US
Jeff Ross(Executive Officer)Robert Cohen(Executive Officer, Director, Promoter)
BoardRonald Eibensteiner(Director)Timothy Flynn(Director)Walter Sembrowich(Director)Timothy J. Pawlenty(Director)
Mosaic is a general contractor for build-to-rent (BTR) residential communities, combining construction services with proprietary software to plan, schedule, contract, and deliver homes at scale.
Construction TechPropTechSaaSPhoenix, US
Co-investorsAndreessen HorowitzBuilding VenturesAZ-VCFounders FundGreylock PartnersInnovation Endeavors+9 more
ShareFile provides secure file sharing, document collection, e-signature capabilities, and automated workflow management for teams collaborating with clients, partners, and vendors.
Enterprise SoftwareSaaS
Co-investorsAstellaBlack Diamond VenturesCID CapitalConcord Health PartnersH Venture PartnersRiverVest Venture Partners+1 more
28bio (formerly StemoniX Medical Tech) develops human induced-pluripotent-stem-cell-derived 3D neural organoid platforms, including CNS and PNS models, used to measure human neural activity in vitro.
BiotechEden Prairie, US
Yung-Ping Yeh(Executive Officer, Director, Promoter)Ryan Gordon(Executive Officer)Murdoc Khaleghi(Executive Officer)Robert Petcavich(Executive Officer, Director, Promoter)
BoardSteven Snyder(Director)Paul Hansen(Director)
Co-investorsRockies Venture Club
Versus provides an interactive content platform that enables audiences to make predictions and express opinions about live and on-demand entertainment content like TV shows and sports.
AI & Machine LearningCreator EconomyMedia & Entertainment
John Vitti(Founder & CEO)
Co-investors7BC Venture Capitalalphabet angelsBeresford VenturesEvolution VenturesMoonshots CapitalMotivate Venture Capital+5 more
Viosera Therapeutics is a biotechnology company founded to develop resistance-proof antimicrobial drugs.
Co-investorsDreamers VC
Vori Health is a nationwide specialty medical practice that treats back, neck, and joint pain using board-certified orthopedic specialists and integrated care teams.
Digital HealthHealthtechWellness & FitnessNashville, US
Ryan Grant(Executive Officer, Director)Mary O'Connor(Executive Officer, Director)inRyan A. Grant, MD, MS, MBA, FAANS(Founder)in
BoardHui Cheng(Director)inMohamad Makhzoumi(Director)inJane Suh(Director)in
Co-investorsAlleyCorpAscension VenturesEcho Health VenturesGood FriendsNew Enterprise Associates (NEA)Alley Robotics Ventures
VRChat is a social platform where users explore and build 3D virtual worlds and avatars, meet others, and join communities and events, accessible on PC, standalone VR headsets (Meta Quest, Pico), and mobile.
Creator EconomyGamingSocial
Graham Gaylor(Founder)in
VRChat is a social virtual reality platform where users explore user-generated worlds, use custom avatars, and connect with others across PC, standalone VR headsets (Meta Quest, Pico), and mobile.
Creator EconomyGamingSocialHouston, US
Graham Gaylor(Manager)inJesse Joudrey(Manager)
Co-investorsGFR FundMakers FundAnthos CapitalHTCRothenberg Ventures
Wasabi provides low-cost cloud object storage for businesses storing data such as backups, medical images, surveillance footage, financial records, and multimedia.
Cloud ComputingCybersecurityData & InfrastructureEnterprise SoftwareBoston, US
David Friend(Co-founder)inJeff Flowers(Co-founder)in
Co-investorsAlumni VenturesBasecamp FundBoston Harbor AngelsEnergy Impact PartnersNorth Atlantic CapitalProsperity7 Ventures+1 more
Xplore provides space infrastructure and satellite operations services to commercial, government, and nonprofit organizations.
Cloud ComputingData & InfrastructureSaaSSpace Tech
Jeff Rich(Chief Executive Officer)Dave Claussen(Chief Technology Officer)David Floyd(Engineering Director)inLisa Rich(Chief Operating Officer)Henry Lin(Chief Financial Officer)in
Co-investorsBatshit Crazy VenturesHelios CapitalIndustrious VenturesSand Hill AngelsStarbridge Venture Capital LlcSwan Venture Fund+4 more
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Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
BitesquadBrilliantEternalFlipgridLifeLens
Exits · 2
1 IPOs · 1 acquisitionsCelcuityNASDAQ: CELCCodeStreamacq. by New Relic
Portfolio news
latest coverage across their companiesCelcuity · investing.com · Aug 17, 2026
Gravie · trysignalbase.com · Aug 3, 2026
Xplore · norfolkdailynews.com · Jul 15, 2026
VRChat · note.com · Jul 2, 2026
Crexi · nasdaqprivatemarket.com · Oct 21, 2025
IPO stake values · per SEC filings
Value of this firm's stake in each portfolio company at its IPO price, from the prospectus principal-stockholder table.
| Company | Owned | IPO price | At IPO | Stake value |
|---|---|---|---|---|
| Celcuity | 2.6% | $9.50 | Sep 2017 | $2.4M |
Source: SEC S-1 / 424B prospectus filings. Stake value = shares beneficially owned × the initial public offering price, as disclosed — a market value at IPO, not a return multiple (the firm's original cost is not disclosed).
Frequently asked questions
- How many investments has Brightstone Venture Capital made?
- Brightstone Venture Capital has 27 tracked investments, 2 of which have exited.
- What stage does Brightstone Venture Capital invest at?
- Brightstone Venture Capital invests at the Seed, Series A, Series B, Growth, Late Stage stages.
- What is Brightstone Venture Capital's typical check size?
- Brightstone Venture Capital typically writes checks of $250K – $10M.
- What sectors does Brightstone Venture Capital focus on?
- Brightstone Venture Capital focuses on AdTech, AI & Machine Learning, B2B Marketplaces, Biotech, Cloud Computing, Crypto & Web3, Cybersecurity, Data & Infrastructure, Digital Health, Enterprise Software, Healthtech, Marketplaces, Medical Devices, Semiconductors.
- Where is Brightstone Venture Capital located?
- Brightstone Venture Capital is headquartered in Minneapolis, US.
- Does Brightstone Venture Capital lead rounds?
- Yes, Brightstone Venture Capital leads investment rounds.
- Who does Brightstone Venture Capital co-invest with?
- Brightstone Venture Capital most often shares deals with Y Combinator, New Enterprise Associates (NEA), VU Venture Partners, among 86 tracked co-investors.
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