Published in Ideas from Bain Capital Ventures·Apr 6Why We Invested In Fidel API: Building The Next Foundational Platform For Fintech ApplicationsBy Merritt Hummer, Partner at Bain Capital Ventures 2021 was a banner year for fintech: global funding to fintech companies hit an all-time high of $132 billion and the sector produced more than a dozen IPOs not including SPACs. The aggregate market cap of public fintech companies exceeds $600 billion…Fintech4 min read
Published in Ideas from Bain Capital Ventures·Mar 3It’s A Wrap! BCV’s Inaugural B2B Marketplace Founder SummitB2B marketplace founders discussed key trends such as B2B BNPL, the vertical integration of marketplaces, and the promise of emerging markets Global B2B e-commerce generates tens of trillions in transaction volume annually, but amazingly, B2B e-commerce penetration is still in its infancy. The vast majority of B2B transactions still occur…5 min read
Published in Ideas from Bain Capital Ventures·Nov 9, 2021Why We Invested In Socure: Securing The Internet One Identity At A TimeToday, BCV is thrilled to announce our Series E investment in Socure, the leading online identity verification platform — When COVID first struck, we all wondered what the long-term impact on the world would be. Some first-order impacts happened right away: ecommerce boomed, but physical retail sank. Food delivery surged, but restaurants suffered. …Identity Verification4 min read
Published in Ideas from Bain Capital Ventures·Jul 21, 2021BCV Leads $35M Series B In Properly: Canada’s One-Stop-Shop For Home Buying And Sellingby Merritt Hummer, Clelia Warburg Peters, Ashley Paston & Allison Xu Amid unprecedented housing demand in the US, a familiar story is taking hold in Canada: rapidly rising prices, record high home values, heated bidding wars, and preemptive all-cash offers. Remarkably, Canadian home values have grown 39% over the last…Proptech4 min read
Published in Ideas from Bain Capital Ventures·Jul 6, 2021BCV Co-Leads $150M Series C Round In Pleo, The Top Spend Management Platform For European SMEsby Merritt Hummer and Keri Gohman The future of work is here, and it’s decidedly employee-centric. The pandemic catalyzed many behavioral changes, and chief among those is an entirely new approach to corporate work. …Spend Management4 min read
Published in Ideas from Bain Capital Ventures·May 18, 2021The Future Of Retail Is Local: Co-Leading Ankorstore’s $100M Series Bby Allison Xu and Merritt Hummer We aspire to partner with marketplaces that are transforming the way their respective industries operate, and that’s what we found in Ankorstore and the European wholesale market. Our investment thesis on the future of retail can be summed up in four words: staples online…Marketplaces3 min read
Published in Ideas from Bain Capital Ventures·Apr 8, 2021The Next Chapter In The “Embedded” Movement: MarketplacesOriginally published in TechCrunch on March 31, 2021. In 2019, my colleague Matt Harris coined the term “embedded fintech” to describe how virtually all software-driven companies will soon embed financial services into their applications, from sending and receiving payments to enabling lending, insurance, and banking services, and that idea quickly…Marketplaces5 min read
Published in Ideas from Bain Capital Ventures·Dec 2, 2020B2B Marketplaces Will Be The Next Billion-Dollar E-Commerce StartupsOriginally published in TechCrunch on November 4, 2020. Startups involved in B2B e-commerce such as Faire and Mirakl have burst out of the gates in 2020. Almost overnight, these startups transformed into consequential platforms, earning billion-dollar valuations along the way. The B2B e-commerce industry has broad reach, encompassing everything from…Insights8 min read
Published in Ideas from Bain Capital Ventures·Apr 30, 2020The Rise Of The B2B Marketplace: Our Investment In Material BankImagine your most recent e-commerce experience, perhaps on a brand’s website or a marketplace like Amazon. Whether searching for a new kitchen appliance or simply browsing for a new wardrobe item, chances are you didn’t have to give much thought to the purchasing process itself. …Venture Capital4 min read
Published in Ideas from Bain Capital Ventures·Apr 28, 2020Welcoming Clelia Warburg Peters To Our Proptech PracticeAt Bain Capital Ventures, we strive to become domain experts in our chosen verticals. We want founders to choose us because of our familiarity with and fluency in their markets. …News3 min read
