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Birchmere Ventures

Micro VCActive

Seed/early stage fund; >$200m AUM, 5 funds since 1996; portfolio market cap >$15b; offices in Pittsburgh and Palo Alto.

Pittsburgh, United StatesFounded 2019birchmerevc.com/
115
Investments
7
Exits
$500M
AUM
6.1%
Exit Rate

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Investment Thesis & Strategy

Birchmere Ventures is a seed and early-stage micro-VC firm with over $200M AUM, investing in mobile and SaaS companies, and looks for companies with high growth potential. They have a history of successful investments, with a portfolio market cap exceeding $15B.

Investment Activity

Deals per year over the last 13 years

2
2007
1
2008
0
2009
1
2010
3
2011
0
2012
0
2013
2
2014
2
2015
0
2016
0
2017
0
2018
1
2019

Portfolio Companies

Selected investments from their portfolio of 115 companies

V
Vera Therapeutics
Biotech · Series A, 2019
Active
L
Loop AI Labs
AI/ML · Series A, 2015
Active
S
ServiceTitan
SaaS · Series A, 2015
Active
B
Bright.md
Healthcare · Series A, 2014
Active
C
Confluent
Enterprise · Series A, 2014
Active
D
Duolingo
EdTech · Series A, 2011
Active
S
Sprout Social
SaaS · Series A, 2011
Active
B
Bloomreach
SaaS · Series A, 2011
Active
C
Cloudflare
Cybersecurity · Series A, 2010
Active
A
Avere Systems
Enterprise · Series A, 2008
Active
B
Blucora
Fintech · Series A, 2007
Active
P
PayScale
Enterprise · Series A, 2007
Active

Notable Exits

CompanyTypeYearValue / Acquirer
ServiceTitanAcquisition2024
Care.comAcquisition2020$415M
PhreesiaIPO2019
Reputation.comAcquisition2017
ReachLocalAcquisition2016$147M
ChannelAdvisorIPO2013
Liquidity ServicesIPO2006

Frequently Asked Questions

Birchmere Ventures focuses on Seed, Series A stage investments.

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