# Bain Capital: portfolio, investments and team

> Bain Capital is a private equity based in United States. 58 investments on record, 11 in the last 12 months, latest Aug 2026.

Source: https://millionrounds.com/fund/bain-capital (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# Bain Capital

Last cheque observed Aug 2026; 58 cheques on record.

Email

Deploying now New fund $1.8B, Oct 2026 Private equity

Pre-seed Seed Series A Finserv Payment Fin-tech

Follow Bain Capital and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fbain-capital)

Deploying now

**92%** of best year **11** **cheques in 12 months**, 58 on record

Since the last cheque **61** days **00** hrs **00** min **00** sec

Median round **$50M** Rounds led **5 of 58** Sole investor **17 rounds** Exits **9 from the portfolio** Mostly in **United States, 83%**

Pitch Bain Capital

## Bain Capital highlights

- 01 11 cheques in the last 12 months
- 02 Mostly Series B and Series A: 48% of its rounds
- 03 Sole investor in 17 rounds, median $33M
- 04 9 exits from the portfolio

## What they do

> Bain Capital is a global private investment firm that partners differently to unlock opportunity and help people and companies create exceptional outcomes. From their own website

- **Type:** Private equity (from a list, unverified)
- **Cheque size:** Not stated
- **Stages:** Pre-seed Seed Series A Series B Growth Pre-IPO
- **Sectors:** Finserv Payment Fin-tech
- **Based in:** Boston, United States
- **Cold pitches:** Not accepted

## The record

Every round we can evidence, newest first **58 appearances**

- **2026** 11 rounds
- **Aug** **[RQD Clearing](https://millionrounds.com/company/rqd-clearing)** Growth · US · AlleyWatch **$74M** With 5 others
- **Jul** **[AdvanCell](https://millionrounds.com/company/advancell)** Series D · AU · QRM Capital **$315M** With 16 others
- **Jul** **[Oratomic](https://millionrounds.com/company/oratomic)** Series A · US · TechCrunch **$300M** With 7 others
- **Jul** **[Infinia](https://millionrounds.com/company/infinia)** Series A · UY · LatamList **$14M** *Led*
- **Jun** **[CereVasc](https://millionrounds.com/company/cerevasc)** Series C · US · Ventureburn **$85M** With 6 others
- **May** **[Wasabi Technologies](https://millionrounds.com/company/wasabi-technologies)** Debt · US · Ventureburn **$250M** With 6 others
- **May** **[Apreo Health](https://millionrounds.com/company/apreo-health)** Venture · US **Undisclosed** With 2 others
- **Apr** **[Beeline Medicines](https://millionrounds.com/company/beeline-medicines)** Series A · US · TechStartups **$300M** Sole investor
- **Mar** **[Legora](https://millionrounds.com/company/legora)** Series D · SE · Crunchbase News **$550M** With 13 others
- **Feb** **[Fluent Commerce](https://millionrounds.com/company/fluent-commerce)** Growth · AU · Ventureburn **$33M** *Led*
- **Jan** **[Defense Unicorns](https://millionrounds.com/company/defense-unicorns)** Series B · US · TechStartups **$136M** *Led*
- **2025** 3 rounds
- **Oct** **[Kailera Therapeutics](https://millionrounds.com/company/kailera-therapeutics)** Series B · US · Crunchbase News **$600M** With 9 others
- **Aug** **[Apreo Health](https://millionrounds.com/company/apreo-health)** Series B · US · TechStartups **$130M** With 6 others
- **Apr** **[Atsena Therapeutics](https://millionrounds.com/company/atsena-therapeutics)** Series C · US · Hatteras Venture Partners **$150M** *Led*
- **2024** 2 rounds
- **May** **[CereVasc](https://millionrounds.com/company/cerevasc)** Series B · US **$70M** With 2 others
- **Mar** **[Cameo](https://millionrounds.com/company/cameo)** Venture · US **$25M** With 5 others
- **2019** 6 rounds
- **Sept** **[Netdata](https://millionrounds.com/company/netdata)** Series A · US · TechCrunch **$17M** *Led*
- **Aug** **[Opsani](https://millionrounds.com/company/opsani)** Series A · US · VentureBeat **$10M** With 2 others
- **Jun** **[Cameo](https://millionrounds.com/company/cameo)** Series B · US · FinSMEs **$50M** With 4 others
- **May** **[LunaPBC](https://millionrounds.com/company/lunapbc)** US · FinSMEs **$4.6M** With 4 others
- **Apr** **[CloudGenix](https://millionrounds.com/company/cloudgenix)** Series C · US · FinSMEs **$65M** With 4 others
- **Jan** **[Vention](https://millionrounds.com/company/vention)** Series A · CA · Montrealintechnology **$13M** Sole investor
- **2018** 3 rounds
- **Dec** **[ACV Auctions](https://millionrounds.com/company/acv-auctions)** Series D · US · Bizjournals **$93M** Sole investor
- **Oct** **[TidalScale](https://millionrounds.com/company/tidalscale)** Series B · US · FinSMEs **$24M** With 5 others
- **Mar** **[Corvus](https://millionrounds.com/company/corvus)** Seed · US · FinSMEs **$4.0M** Sole investor
- **2017** 5 rounds
- **Dec** **[Passport](https://millionrounds.com/company/passport)** Series C · US · FinSMEs **$43M** Sole investor
- **Oct** **[Feather](https://millionrounds.com/company/feather)** Seed · US · TechCrunch **$3.5M** With 2 others
- **Jul** **[Awake Security](https://millionrounds.com/company/awake-security)** US · FinSMEs **$30M** With 1 other
- **Jul** **[Lightbend](https://millionrounds.com/company/lightbend)** US · FinSMEs **$15M** With 5 others
- **Mar** **[Flow.io](https://millionrounds.com/company/flow-io)** Series A · US · FinSMEs **$13M** Sole investor
- **2015** 2 rounds
- **Sept** **[Sundial Brands](https://millionrounds.com/company/sundial-brands)** US **Undisclosed** Sole investor
- **Jan** **[VMTurbo](https://millionrounds.com/company/vmturbo)** Series D · US **$50M** With 3 others
- **2014** 3 rounds
- **Oct** **[Socar](https://millionrounds.com/company/socar)** Series A · KR **$18M** Sole investor
- **Apr** **[ViewPoint Construction Software](https://millionrounds.com/company/viewpoint-construction-software)** Growth · US **$230M** Sole investor
- **Apr** **[BMC Software](https://millionrounds.com/company/bmc-software)** Debt · US **$750M** Sole investor
- **2013** 1 round
- **Jan** **[AMResorts](https://millionrounds.com/company/amresorts)** Growth · US · amresorts.com **Undisclosed** Sole investor
- **2011** 2 rounds
- **Dec** **[SMART](https://millionrounds.com/company/smart)** Venture · CN **Undisclosed** With 1 other
- **May** **[BuyWithMe](https://millionrounds.com/company/buywithme)** Series C · US **$10M** Sole investor
- **2010** 3 rounds
- **Jun** **[Helomics](https://millionrounds.com/company/helomics)** Series D · US · fiercebiotech.com **$33M** Sole investor
- **Apr** **[AdReady](https://millionrounds.com/company/adready)** Series C · US · techcrunch.com **$5.3M** With 2 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **24 named**

AA **Ajay Agarwal** of the Manager of the Issuer's GP i Filing they signed

AH **Alex Hocherman** Managing Director of the Investment Advisor i Filing they signed

AH **Alexis Hennebaut** Manager i Filing they signed

AC **Alfonso Caci** Manager i Filing they signed

AA **Alon Avner** Officer of the Alternative Investment Fund Manager i Filing they signed

AW **Amit W. Chandra** Executive Officer i Filing they signed

AJ **Amy J Butte** Director i Filing they signed

AS **Anand S. More** Partner of the Investment Advisor i Filing they signed

AB **Andrew B. Balson** Executive Officer i Filing they signed

AJ **Andrew J. Carlino** Managing Director of the Managing Member of the Issuer's GP i Filing they signed

AS **Andrew Scott Viens** Partner & Head of Risk and Process Management, Capital Markets i Form ADV

AH **Andrew Hailey** Partner of the Managing Member of the Issuer's GP i Filing they signed

AJ **Andrew J. Calino** Director i Filing they signed

AP **Andrew Pain** Director i Filing they signed

AP **Andrew Pierson Terris** Executive Officer i Filing they signed

AS **Andrew S. Veins** Director i Filing they signed

AW **Andrew William Cleverdon** Chief Financial Officer, Ventures & Crypto i Form ADV

AF **Angelo F. Rufino** Partner of the Managing Member of the Issuer's GP i Filing they signed

AF **Anita F. Meconiates** Managing Director of the Managing Member of the Issuer's GP i Filing they signed

BB **Ben Brady** Executive Officer i Filing they signed

BM **Ben M. Holzman** Executive Officer i Filing they signed

BA **Benjamin A. Nye** Executive Officer i Filing they signed

BS **Benjamin Samuel Brady** Partner i Form ADV

BK **Betty Kyle** Director i Filing they signed

We also hold **651** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**$27B** assets it manages, 4 advisers combined Oct 2026

**14+** funds on file numbered funds in its name

**Registered** investment adviser full reporting to the SEC

- **Legal name:** BAIN Capital Investments (europe) Limited
- **SEC number:** CRD 309371

Funds on its Form ADV

**39** private funds, **$21B** in gross assets · filed Jul 2024

Real estate **19** Venture **16** Private equity **4**

- Bain Capital Venture Fund 2016, L.P. *Venture* 69 investors $1.6B
- Bain Capital Real Estate Fund II-A, L.P. *Real estate* 202 investors $1.6B
- Bain Capital Insurance Fund, L.P. *Private equity* 124 investors $1.5B
- Bain Capital Venture Fund 2022, L.P. *Venture* 203 investors $1.4B
- Bain Capital Venture Fund 2019, L.P. *Venture* 114 investors $1.3B
- Bain Capital Real Estate Fund III-A, L.P. *Real estate* 81 investors $1.3B
- Atlantic US Real Estate LLC *Real estate* 5 investors $1.1B
- Bain Capital Real Estate Fund II-B, L.P. *Real estate* 57 investors $1.0B
- Bain Capital Real Estate Fund I-A, L.P. *Real estate* 137 investors $970M
- Bain Capital Venture Fund 2012, L.P. *Venture* 75 investors $958M

And 29 more on the filing.

Who backs their funds

## 2 LPs on record in Bain Capital's funds

- **Committed:** $1.7B
- **Funds:** 8
- **Vintages:** 2008 to 2023

The institutions that put money into its funds, which the firm then invests in companies. Source: the pension's own report, latest Mar 2026.

- [**California Public Employees' Retirement System (CalPERS)** 5 funds *$894M*](https://millionrounds.com/fund/california-public-employees) Fund Vintage Committed Bain Capital Asia Fund V 2023 $300M Bain Capital Europe Fund VI 2023 $169M Bain Capital Venture Coinvestment Fund IV 2023 $150M Bain Capital Venture Fund 2022 2023 $150M Bain Capital Insurance Fund 2023 $125M
- [**California State Teachers Retirement System** 5 funds *$809M*](https://millionrounds.com/fund/california-state-teachers-retirement-system) Fund Vintage Committed Bain Capital Asia Fund V 2023 $150M Bain Capital Europe Fund VI 2023 $59M Bain Capital Asia Fund III 2016 $125M Bain Capital Asia Fund II 2012 $75M Bain Capital Fund X 2008 $400M

## What they claim to have backed

From their own portfolio page (on their website)

**0** of 11 we have independently watched raise

Bain Capital Industrials Cdn-east2 Credit > Double Impact > Global Private Equity > Insurance > Japan - 日本 Life Sciences > Real Estate > Special Situations > Tech Opportunities >

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

## Exits from the portfolio

Companies it backed that were later bought or listed **9 in all**

**[AcceleCare Wound Centers](https://millionrounds.com/company/accelecare-wound-centers)** Bought by Healogics **Undisclosed** Mar 2015

**[TravelCLICK](https://millionrounds.com/company/travelclick)** Bought by [Thoma Bravo](https://millionrounds.com/fund/thoma-bravo) **$930M** May 2014

**[E5 Systems Inc](https://millionrounds.com/company/e5-systems-inc)** Bought by [Lionbridge](https://millionrounds.com/fund/lionbridge) **Undisclosed** Oct 2013

**[AdReady](https://millionrounds.com/company/adready)** Bought by CPXi **Undisclosed** Oct 2013

**[BuyWithMe](https://millionrounds.com/company/buywithme)** Bought by Gilt City **Undisclosed** Nov 2011

**[Tengion](https://millionrounds.com/company/tengion)** Listed **Undisclosed** Apr 2010

**[Jott](https://millionrounds.com/company/jott)** Bought by [Nuance Communications](https://millionrounds.com/fund/nuance-communications) **Undisclosed** Jul 2009

**[TravelCLICK](https://millionrounds.com/company/travelclick)** Bought by [Genstar Capital](https://millionrounds.com/fund/genstar-capital) **Undisclosed** Dec 2007

**[eCredit](https://millionrounds.com/company/ecredit)** Bought by [Fidelity Ventures](https://millionrounds.com/fund/fidelity-ventures) **Undisclosed** Dec 2006

An exit counts when it came after the firm's first round in the company. From historical deal records.

## Companies it bought

Acquisitions by the firm itself

**Blue Coat Systems** **$2.4B** Mar 2015

**Oedo-Onsen Holdings** **Undisclosed** Feb 2015

**Wittur** **$750M** Dec 2014

**Lionbridge Financial Leasing (China)** **$164M** Oct 2014

**[TOMS Shoes](https://millionrounds.com/company/toms-shoes)** **Undisclosed** Aug 2014

**Retail Zoo** **Undisclosed** May 2014

**[Macromill](https://millionrounds.com/company/macromill)** **$501M** Dec 2013

**TeamSystem SpA** **Undisclosed** Dec 2004

**Unisource Worldwide** **Undisclosed** Aug 2002

New fund on file

**$1.8B**

raised in Oct 2026

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Pre-seed Seed Series A

Median round joined **$50M** the round, not its cheque Alone, median **$33M**

Led 5 of 58 rounds **9%**

- **Sole investor:** 17 rounds
- **Last cheque:** Aug 2026
- **Exits:** 9 from the portfolio

Rounds by stage said on their site

- Series B said *11*
- Series A said *10*
- Series C *10*
- Venture *8*
- Series D *5*
- Pre-seed said *-*
- Seed said *-*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Bain Capital Life Sciences](https://millionrounds.com/fund/bain-capital-life-sciences) 7
- [Kleiner Perkins](https://millionrounds.com/fund/kleiner-perkins) 3
- [L Capital Partners](https://millionrounds.com/fund/l-capital-partners) 3
- [Oak Investment Partners](https://millionrounds.com/fund/oak-investment-partners) 3
- [Quaker Partners](https://millionrounds.com/fund/quaker-partners) 3
- [Y Combinator](https://millionrounds.com/fund/y-combinator) 3

**Pitching Bain Capital?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

Add to your CRM *→*

## Who they invest alongside

The investors most often in the same rounds as Bain Capital. A count of rooms they were both in, not a relationship either has claimed.

[**Bain Capital Life Sciences** Private equity **7** rounds together](https://millionrounds.com/fund/bain-capital-life-sciences)[**Kleiner Perkins** VC firm **3** rounds together](https://millionrounds.com/fund/kleiner-perkins)[**L Capital Partners** VC firm **3** rounds together](https://millionrounds.com/fund/l-capital-partners)[**Oak Investment Partners** Private equity **3** rounds together](https://millionrounds.com/fund/oak-investment-partners)[**Quaker Partners** VC firm **3** rounds together](https://millionrounds.com/fund/quaker-partners)[**Y Combinator** Accelerator **3** rounds together](https://millionrounds.com/fund/y-combinator)[**ARCH Venture Partners** VC firm **2** rounds together](https://millionrounds.com/fund/arch-venture-partners)[**Abingworth** VC firm **2** rounds together](https://millionrounds.com/fund/abingworth)[**August Capital** VC firm **2** rounds together](https://millionrounds.com/fund/august-capital)[**F-Prime Capital** VC firm **2** rounds together](https://millionrounds.com/fund/f-prime)[**General Catalyst** VC firm **2** rounds together](https://millionrounds.com/fund/general-catalyst)[**Greylock** VC firm **2** rounds together](https://millionrounds.com/fund/greylock-partners)

## Recently backed

The latest companies Bain Capital put money into.

[**RQD Clearing** $74M · Aug 2026](https://millionrounds.com/company/rqd-clearing)[**AdvanCell** $315M · Jul 2026](https://millionrounds.com/company/advancell)[**Oratomic** $300M · Jul 2026](https://millionrounds.com/company/oratomic)[**Infinia** $14M · Jul 2026](https://millionrounds.com/company/infinia)[**CereVasc** $85M · Jun 2026](https://millionrounds.com/company/cerevasc)[**Apreo Health** May 2026](https://millionrounds.com/company/apreo-health)

## On podcasts

6 episodes naming Bain Capital in the title, and 4 more that mention it.

- [BRAVE Southeast Asia Tech](https://millionrounds.com/podcasts/brave-southeast-asia) 5 Sept 2024 · 33 min Jesse Choi: Bain Capital & Stanford MBA, Moving To Indonesia For Love & Founding Reku Investment Platform - E469 Mentions [Bain Capital](https://millionrounds.com/fund/bain-capital) Apple PodcastsShow page
- [Capital Allocators](https://millionrounds.com/podcasts/capital-allocators) 8 Jul 2024 · 50 min Training Grounds: Bain Capital, John Connaughton (EP.395) With [John Connaughton](https://millionrounds.com/person/john-connaughton) Mentions [Bain Capital](https://millionrounds.com/fund/bain-capital) Apple PodcastsShow page
- [Growth Investor](https://millionrounds.com/podcasts/growth-investor) 22 May 2024 · 33 min Top Tech Investors: Bain Capital’s Max de Groen and Scott Kirk With [Scott Kirk](https://millionrounds.com/person/scott-kirk) Mentions [Bain Capital](https://millionrounds.com/fund/bain-capital) Apple PodcastsShow page
- [Capital Allocators](https://millionrounds.com/podcasts/capital-allocators) 28 Aug 2023 · 52 min Classic Deal: HCA – Chris Gordon, Bain Capital (EP.335) With [Chris Gordon](https://millionrounds.com/person/chris-gordon) Mentions [Bain Capital](https://millionrounds.com/fund/bain-capital) Apple PodcastsShow page
- [Inevitable](https://millionrounds.com/podcasts/inevitable) 5 May 2023 · 1h 13m Capital Series: Sarah Hinkfuss, Bain Capital Ventures With [Sarah Hinkfuss](https://millionrounds.com/person/sarah-hinkfuss) Mentions [Bain Capital](https://millionrounds.com/fund/bain-capital)[Bain Capital Ventures](https://millionrounds.com/fund/bain-capital-ventures)[Jason Jacobs](https://millionrounds.com/person/jason-jacobs) Apple PodcastsShow page
- [Capital Allocators](https://millionrounds.com/podcasts/capital-allocators) 23 Nov 2022 · 1 min JUST RELEASED: Bain Capital on Private Equity Deals Mentions [Bain Capital](https://millionrounds.com/fund/bain-capital)[David Humphrey](https://millionrounds.com/fund/david-humphrey)[Devin O'Reilly](https://millionrounds.com/person/devin-o-reilly) Apple PodcastsShow page

### Mentioned in

- [How I Invest](https://millionrounds.com/podcasts/how-i-invest) 26 Oct 2026 · 1h 3m E447: Anthropic at $2 Trillion? The AI Bubble, and Why the Best Startups Always Look Overvalued Apple PodcastsShow page
- [Startup Europe](https://millionrounds.com/podcasts/sifted) 23 Sept 2026 · 18 min Is New York warming to European tech? Apple Podcasts
- [TBPN](https://millionrounds.com/podcasts/tbpn) 17 Sept 2026 · 3h 2m Snap Launches Specs, Paramount Eyes Nashville, Japan's Monks Turn to Investing, New Clip from 'The Social Reckoning' | Aaref Hilaly, David Gross, Max Junestrand, Chase Lochmiller, Jesse Zhang, Nilam Ganenthiran & Leonard Tang, Joe Weisenthal Apple PodcastsShow page
- [EU-Startups Podcast](https://millionrounds.com/podcasts/eu-startups) 26 Feb 2026 · 39 min How He Built a €1.1B Giant Apple PodcastsShow page

## Quick answers about Bain Capital

### What does Bain Capital invest in?

Bain Capital invests most often at Series B and Series A (48% of the rounds on record), in sectors such as Finserv, Payment and Fin-tech.

### How active is Bain Capital?

58 investments on record, 11 of them in the last 12 months, and it led 5. The most recent was in Aug 2026.

### What has Bain Capital invested in recently?

Its most recent investments on record: RQD Clearing (Growth, Aug 2026), AdvanCell (Series D, Jul 2026) and Oratomic (Series A, Jul 2026).

### How big are Bain Capital's cheques?

The median round it joins is $50M.

### Does Bain Capital lead rounds?

Sometimes: it led 5 of its 58 investments on record (9%).

### Where does Bain Capital invest?

Most of the companies it backs are in the United States (83%) and Australia (5%).

### Is Bain Capital investing now?

Yes: it is actively investing, with 11 investments in the last 12 months.

### Who does Bain Capital invest alongside?

Most often Bain Capital Life Sciences (7 rounds together), Kleiner Perkins (3 rounds together) and L Capital Partners (3 rounds together).

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