BBG Ventures

BBG Ventures is a corporate venture capital firm that invests in early-stage consumer internet startups, with a particular focus on companies that have at least one female founder. The firm is based in New York City and operates as a subsidiary of Verizon Media. BBG Ventures aims to support visionary entrepreneurs who are building the next generation of market-defining consumer products and services. The firm believes that women are the dominant users of the fastest-growing mobile and social platforms and make or influence 85% of consumer purchases, presenting a significant untapped opportunity in venture capital. BBG Ventures has invested in companies such as Caretaker, a startup that raised $1.2 million in June 2016. The firm's investment strategy centers on backing women who are using technology to address common life challenges and transform daily habits. By focusing on consumer internet startups with female founders, BBG Ventures seeks to empower women entrepreneurs and promote diversity in the tech industry. The firm operates as a subsidiary of Verizon Media, which was sold to Apollo Global Management in September 2021. This acquisition has not affected BBG Ventures' operations, and the firm continues to invest in early-stage companies led by women. BBG Ventures' portfolio includes companies that are leveraging technology to create innovative solutions in various sectors, demonstrating the firm's commitment to supporting female entrepreneurs and fostering diversity in the tech industry.