BDMI

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BDMI
Type Limited liability partnership
Subsidiary
Industry Financial services
Investment management
Founded 2006
Headquarters New York, USA
Berlin, Germany
Key people Urs Cete
Jan Borgstaedt
Tobias Schirmer
Keith Titan
Sim Blaustein
Products Venture Capital
Total assets Series A Fonds: $200 million
Seed Fonds: $7 million
Employees 10
Website www.bdmifund.com

BDMI (also known as Bertelsmann Digital Media Investments) is an European venture capital firm headquartered in New York, USA and Berlin, Germany focused on innovative digital media technologies, products, and distribution channels in Europe, Israel and North America.[1]

General partners[edit]

The firm's general partners include Urs Cete, Jan Borgstaedt, Tobias P. Schirmer, Keith Titan, and Sim Blaustein.

Investment focus[edit]

BDMI concentrates on early stage investments into growing companies in the digital media landscape. The company focuses predominantly on Series A and B investments but also maintains a seed fund that include about 20 companies. The initial investment range is from €0.5 to 3 million.[2] The company looks for opportunities where they can accelerate growth through BDMI’s financial and management resources and close connectivity with one or more Bertelsmann divisions. Although BDMI is a 100%-owned subsidiary of Bertelsmann SE, it is no strategic investor and conducts investments as every other financial VC. With consolidated revenues of over €19 billion (U.S. $25 billion), Bertelsmann is an international media company encompassing television (RTL Group), book publishing (Penguin Random House), magazine publishing (Gruner + Jahr), music (BMG), media services (Arvato), and media clubs (Direct Group) in more than 60 countries. Due to the vast resources of Bertelsmann SE & Co. KGaA, BDMI is an investor that provides not only capital, but can also support startups by using its network of diverse Bertelsmann contacts and businesses.

Investments[edit]

BDMI has invested in more than 50 startups since its inception in 2006.[3][4]

Notable investments have included:

For more of BDMI's investments, see Crunchbase article.

References[edit]

  1. ^ "Über 100 Venture Capital-Geber, denen jeder Gründer sofort folgen sollte". Deutsche-Startups.de. Retrieved 2014-03-27. 
  2. ^ "BDMI - About". BDMI. Retrieved 2014-03-26. 
  3. ^ "BDMI - Portfolio". BDMI. Retrieved 2014-03-25. 
  4. ^ "CrunchBase - BDMI". CrunchBase. Retrieved 2014-03-26. 

External links[edit]