# BIP Ventures: portfolio, investments and team

> BIP Ventures is a vc firm based in United States. 38 investments on record, 1 in the last 12 months, latest Jul 2026. Portfolio, stages, co-investors and team.

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

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

# BIP Ventures

Last cheque observed Jul 2026; 38 cheques on record.

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Deploying now New fund $147M, Oct 2026 VC firm

Venture Series A Seed Venture Capital & Private Equity

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Deploying now

**10%** of best year **1** **cheques in 12 months**, 38 on record

Since the last cheque **122** days **00** hrs **00** min **00** sec

Median round **$5.1M** Rounds led **0 of 38** Sole investor **15 rounds** Mostly in **United States, 97%**

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## BIP Ventures highlights

- 01 1 cheques in the last 12 months
- 02 Mostly Venture and Series A: 71% of its rounds
- 03 Sole investor in 15 rounds, median $5.5M

## What they do

> BIP Ventures has a history of investing in high-growth companies From their own website

- **Type:** VC firm
- **Cheque size:** Not stated
- **Sectors:** Venture Capital & Private Equity
- **Based in:** Atlanta, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **38 appearances**

- **2026** 1 round
- **Jul** **[Karoo Health](https://millionrounds.com/company/karoo-health)** Series A · US **$16M** Sole investor
- **2025** 4 rounds
- **Jul** **[ShiftMed](https://millionrounds.com/company/shiftmed)** Venture · US **$4.2M** With 1 other
- **Jul** **[MetaCX](https://millionrounds.com/company/metacx)** Venture · US **$3.9M** With 3 others
- **Apr** **[Aptivio](https://millionrounds.com/company/aptivio)** Venture · US **Undisclosed** With 3 others
- **Feb** **[SkillCycle](https://millionrounds.com/company/skillcycle)** Venture · US **$2.5M** With 2 others
- **2024** 10 rounds
- **Dec** **[Peregrine Health](https://millionrounds.com/company/peregrine-health)** Venture · US **$5.0M** Sole investor
- **Nov** **[Velocity Benefits](https://millionrounds.com/company/velocity-benefits)** Venture · US **$1.4M** Sole investor
- **Oct** **[Case Status](https://millionrounds.com/company/case-status)** Series B · US **$20M** With 2 others
- **Sept** **[Korio](https://millionrounds.com/company/korio)** Series A · US **$5.5M** Sole investor
- **Aug** **[Kobiton](https://millionrounds.com/company/kobiton)** Venture · US **$3.0M** With 2 others
- **Jun** **[HealtheMed](https://millionrounds.com/company/healthemed)** Venture · US **$7.0M** Sole investor
- **May** **[Kythera](https://millionrounds.com/company/kythera)** Venture · US **$9.2M** With 2 others
- **Apr** **[1 True Health](https://millionrounds.com/company/1-true-health)** Seed · US **$800K** Sole investor
- **Mar** **[GameDriver](https://millionrounds.com/company/gamedriver)** Venture · US **$578K** Sole investor
- **Jan** **[ObjectiveHealth](https://millionrounds.com/company/objectivehealth)** Venture · US **Undisclosed** With 1 other
- **2023** 8 rounds
- **Sept** **[Lumu](https://millionrounds.com/company/lumu)** Series B · US **$30M** With 3 others
- **Jun** **[Karoo Health](https://millionrounds.com/company/karoo-health)** Seed · US **$3.4M** Sole investor
- **May** **[DropStat](https://millionrounds.com/company/dropstat)** Seed · US **$2.5M** With 1 other
- **May** **[Cloverly](https://millionrounds.com/company/cloverly)** Series A · US **$19M** With 1 other
- **Mar** **[OpenLoop Health](https://millionrounds.com/company/openloop-health)** Series A · US **$15M** With 1 other
- **Mar** **[LineSlip Solutions](https://millionrounds.com/company/lineslip-solutions)** Series A · US **$5.6M** Sole investor
- **Feb** **[Pockyt](https://millionrounds.com/company/pockyt)** Venture · US **Undisclosed** With 3 others
- **Jan** **[Defy Trends](https://millionrounds.com/company/defy-trends)** Venture · US **Undisclosed** With 1 other
- **2022** 10 rounds
- **Nov** **[Supply Chain Wizard](https://millionrounds.com/company/supply-chain-wizard)** Series A · US **$10M** Sole investor
- **Nov** **[GigLabs](https://millionrounds.com/company/giglabs)** Venture · US **Undisclosed** With 4 others
- **Oct** **[Base](https://millionrounds.com/company/base)** Venture · US **Undisclosed** With 4 others
- **Sept** **[The Rounds](https://millionrounds.com/company/the-rounds)** Series A · CA **$5.1M** With 1 other
- **Aug** **[Acclivity Health Solutions](https://millionrounds.com/company/acclivity-health-solutions)** Venture · US **$13M** Sole investor
- **Jul** **[GloveBox](https://millionrounds.com/company/glovebox)** Series A · US **$5.5M** Sole investor
- **May** **[Vibenomics](https://millionrounds.com/company/vibenomics)** Series B · US **$12M** With 3 others
- **Feb** **[Rhyme](https://millionrounds.com/company/rhyme)** Venture · US **$25M** With 2 others
- **Jan** **[Pickle](https://millionrounds.com/company/pickle)** Pre-seed · US **$2.4M** With 1 other
- **Jan** **[FortifyData](https://millionrounds.com/company/fortifydata)** Seed · US **$5.0M** With 2 others
- **2021** 5 rounds
- **Dec** **[Relay](https://millionrounds.com/company/relay)** Seed · US **$1.7M** With 2 others
- **Nov** **[Trella Health](https://millionrounds.com/company/trella-health)** Venture · US **Undisclosed** Sole investor
- **Aug** **[Opya](https://millionrounds.com/company/opya)** Series A · US **$15M** Sole investor
- **Jul** **[Swipe Credit](https://millionrounds.com/company/swipe-credit)** Pre-seed · US **$120K** With 2 others
- **Jun** **[Ksana Health](https://millionrounds.com/company/ksana-health)** Seed **$2.0M** Sole investor

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 **14 named**

AS **Ann St Germain** Trustee i Filing they signed

AP **Austin Poole** General Partner of the Manager of the General Partner i Filing they signed

DD **Dan Drechsel** General Partner of the Manager i Filing they signed

DD **Dan Dreschel** General Partner of the General Partner i Filing they signed

DD **Dan Dreschsel** General Partner of the Manager i Filing they signed

HS **Herbert Scott Pressly** Managing Partner i Form ADV

HB **Hines Brannan** Trustee i Filing they signed

MA **Mark Anderson Flickinger** Chief Operating Officer of the General Partner i Filing they signed

MA **Mark Andrew Buffington** Chairman of Board of Trustees, Chief Executive Officer i Filing they signed

MN **Mark n/a Bell** Trustee i Filing they signed

MT **Mark Teixeira** Trustee i Filing they signed

PI **Paul Iaffaldano** Chief Investment Officer of the General Partner i Filing they signed

RR **Russell Robins** Trustee i Filing they signed

TE **Todd Eric Knudsen** Chief Financial Officer and Chief Compliance Officer i Filing they signed

We also hold **16** 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

**$1.6B** assets it manages, 2 advisers combined Oct 2026

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

- **Legal name:** BIP Capital Management Services, LLC
- **SEC number:** CRD 300757

Funds on its Form ADV

**61** private funds, **$1.2B** in gross assets · filed Mar 2024

Venture **40** Private equity **21**

- Panoramic Venture Fund 5-QP, L.P. *Private equity* 353 investors $190M
- BIP Capital Venture Fund IV-QP, L.P. *Private equity* 173 investors $98M
- Panoramic Shiftmed Equity II-QP, LLC *Venture* 291 investors $98M
- BIP Capital Growth Fund III, QP-LP *Private equity* 58 investors $68M
- BIP Capital Growth Fund III, L.P. *Private equity* 69 investors $55M
- BIP Capital 2080 Media Investments IV, LLC *Venture* 81 investors $42M
- BIP Capital 2080 Media Investment VI, LLC *Venture* 92 investors $39M
- Panoramic Annex Fund 4B-QP, L.P. *Private equity* 153 investors $35M
- BIP Capital Venture Fund IV, L.P. *Private equity* 100 investors $33M
- BIP Capital Huddle I, LLC *Venture* 67 investors $33M

And 51 more on the filing.

## What they claim to have backed

From their own portfolio page (on their website)

**0** of 2 we have independently watched raise

Hbs I Agree

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.

New fund on file

**$147M**

raised in Oct 2026

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

## The cheque

Venture Series A Seed

Median round joined **$5.1M** the round, not its cheque Alone, median **$5.5M**

Led 0 of 38 rounds **0%**

- **Sole investor:** 15 rounds
- **Last cheque:** Jul 2026

Rounds by stage said on their site

- Venture *18*
- Series A *9*
- Seed *6*
- Series B *3*
- Pre-seed *2*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Gaingels](https://millionrounds.com/fund/gaingels) 3
- [High Alpha](https://millionrounds.com/fund/high-alpha) 3
- [Techstars](https://millionrounds.com/fund/techstars) 3
- [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) 2
- [SVB Capital](https://millionrounds.com/fund/svb-capital) 2

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

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## Who they invest alongside

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

[**Gaingels** Private equity **3** rounds together](https://millionrounds.com/fund/gaingels)[**High Alpha** VC firm **3** rounds together](https://millionrounds.com/fund/high-alpha)[**Techstars** VC firm **3** rounds together](https://millionrounds.com/fund/techstars)[**Alumni Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund)[**SVB Capital** VC firm **2** rounds together](https://millionrounds.com/fund/svb-capital)

## Recently backed

The latest companies BIP Ventures put money into.

[**Karoo Health** $16M · Jul 2026](https://millionrounds.com/company/karoo-health)[**ShiftMed** $4.2M · Jul 2025](https://millionrounds.com/company/shiftmed)[**MetaCX** $3.9M · Jul 2025](https://millionrounds.com/company/metacx)[**Aptivio** Apr 2025](https://millionrounds.com/company/aptivio)[**SkillCycle** $2.5M · Feb 2025](https://millionrounds.com/company/skillcycle)[**Velocity Benefits** $1.4M · Nov 2024](https://millionrounds.com/company/velocity-benefits)

## Quick answers about BIP Ventures

### What does BIP Ventures invest in?

BIP Ventures invests most often at Venture and Series A (71% of the rounds on record), in sectors such as Venture Capital & Private Equity.

### How active is BIP Ventures?

38 investments on record, 1 of them in the last 12 months. The most recent was in Jul 2026.

### What has BIP Ventures invested in recently?

Its most recent investments on record: Karoo Health (Series A, Jul 2026), ShiftMed (Venture, Jul 2025) and MetaCX (Venture, Jul 2025).

### How big are BIP Ventures's cheques?

The median round it joins is $5.1M.

### Does BIP Ventures lead rounds?

Rarely, if at all: none of its 38 investments on record names it as the lead.

### Where does BIP Ventures invest?

Most of the companies it backs are in the United States (97%).

### Is BIP Ventures investing now?

Yes: it is actively investing, with 1 investments in the last 12 months.

### Who does BIP Ventures invest alongside?

Most often Gaingels (3 rounds together), High Alpha (3 rounds together) and Techstars (3 rounds together).

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