# Birchmere Ventures: portfolio, investments and team

> Birchmere Ventures is a vc firm based in United States. 72 investments on record, latest Sept 2019. Portfolio, stages, co-investors and team.

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

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

# Birchmere Ventures

Last cheque observed Sep 2019. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Email

Quiet New fund $9.3M, Mar 2022 VC firm

Pre-seed Seed Series A Employment Network Effects App

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Cheques on record

**0%** of best year **0** **cheques in 12 months**, 72 on record

Since the last cheque **2600** days **00** hrs **00** min **00** sec

Median round **$6.7M** Rounds led **0 of 72** Sole investor **19 rounds** Exits **24 from the portfolio** Mostly in **United States, 100%**

Pitch Birchmere Ventures

## Birchmere Ventures highlights

- 01 72 rounds on record
- 02 Mostly Seed and Series B: 58% of its rounds
- 03 Sole investor in 19 rounds, median $7.5M
- 04 24 exits from the portfolio

## What they do

> The site presents a portfolio of startups it has invested in, describing them as companies it backs. From their own website

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Stages:** Pre-seed Seed Series A Series B Growth Pre-IPO
- **Sectors:** Employment Network Effects App
- **Based in:** Pittsburgh, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **72 appearances**

- **2019** 2 rounds
- **Sept** **[Idelic](https://millionrounds.com/company/idelic)** Series A · US · Smartbusinessdealmakers **$8.0M** With 4 others
- **May** **[Ikos](https://millionrounds.com/company/ikos)** US · FinSMEs **$4.0M** With 3 others
- **2018** 2 rounds
- **Nov** **[Idelic](https://millionrounds.com/company/idelic)** US · FinSMEs **$2.0M** With 3 others
- **Apr** **[Spidr](https://millionrounds.com/company/spidr)** US · FinSMEs **$2.5M** With 5 others
- **2017** 4 rounds
- **Dec** **[Modsy](https://millionrounds.com/company/modsy)** Series B · US · FinSMEs **$23M** With 6 others
- **Sept** **[The Zebra](https://millionrounds.com/company/the-zebra)** Series B · US · FinSMEs **$40M** With 5 others
- **Sept** **[YayPay](https://millionrounds.com/company/yaypay)** US · FinSMEs **$5.3M** With 6 others
- **Apr** **[ALung Technologies](https://millionrounds.com/company/alung-technologies)** Series C · US · FinSMEs **$36M** With 6 others
- **2015** 7 rounds
- **Nov** **[PresenceLearning](https://millionrounds.com/company/presencelearning)** Series C · US **$25M** With 4 others
- **Sept** **[Prayas Analytics](https://millionrounds.com/company/prayas-analytics)** Seed · US **$1.0M** With 6 others
- **Jun** **[BloomBoard](https://millionrounds.com/company/bloomboard)** Series B · US **$7.2M** With 2 others
- **Jun** **[Eargo](https://millionrounds.com/company/eargo)** Series A · US **$14M** With 8 others
- **Apr** **[Peloton Technology](https://millionrounds.com/company/peloton-technology)** Series A · US **$16M** With 9 others
- **Apr** **[Ascend Consumer Finance](https://millionrounds.com/company/ascend-consumer-finance)** Seed · US **$1.5M** With 2 others
- **Apr** **[Identified Technologies](https://millionrounds.com/company/identified-technologies)** Seed · US **$2.0M** With 3 others
- **2014** 5 rounds
- **Aug** **[The Resumator](https://millionrounds.com/company/the-resumator)** Series C · US **$15M** With 4 others
- **Aug** **Jazz** Series C **$15M** With 4 others
- **Jun** **[Earshot](https://millionrounds.com/company/earshot)** Seed · US **$1.7M** With 5 others
- **May** **[NoWait](https://millionrounds.com/company/nowait)** Series B · US **$10M** With 4 others
- **Jan** **[Gem](https://millionrounds.com/company/gem)** Seed · US **$100K** With 8 others
- **2013** 12 rounds
- **Dec** **[Estimote, Inc.](https://millionrounds.com/company/estimote-inc)** Seed · US · techcrunch.com **$3.1M** With 6 others
- **Dec** **[The Zebra](https://millionrounds.com/company/the-zebra)** Seed · US · techcrunch.com **$4.5M** With 4 others
- **Oct** **[NextPrinciples](https://millionrounds.com/company/nextprinciples)** Seed · US · sec.gov **$1.7M** Sole investor
- **Sept** **[TVplus](https://millionrounds.com/company/tvplus)** Venture · US · sec.gov **$1.5M** Sole investor
- **Sept** **[ALung Technologies](https://millionrounds.com/company/alung-technologies)** Series B · US · finsmes.com **$16M** With 8 others
- **Sept** **[BloomBoard](https://millionrounds.com/company/bloomboard)** Series A · US **$5.0M** With 1 other
- **Jul** **[Umano](https://millionrounds.com/company/umano)** Seed · US · finsmes.com **$1.5M** With 3 others
- **Apr** **[Conscious Box](https://millionrounds.com/company/conscious-box)** Seed · US · techcrunch.com **$1.4M** With 6 others
- **Apr** **[PresenceLearning](https://millionrounds.com/company/presencelearning)** Venture · US · techcrunch.com **$8.0M** With 5 others
- **Apr** **[Peloton Technology](https://millionrounds.com/company/peloton-technology)** Seed · US **$900K** With 3 others
- **Feb** **[NovaTorque](https://millionrounds.com/company/novatorque)** Series A · US **$14M** Sole investor
- **Jan** **[The Zebra](https://millionrounds.com/company/the-zebra)** Seed · US · techcrunch.com **$1.5M** With 4 others
- **2012** 7 rounds
- **Oct** **Jazz** Series B **$2.1M** With 4 others
- **Oct** **[The Resumator](https://millionrounds.com/company/the-resumator)** Series B · US · techcrunch.com **$2.1M** With 4 others
- **Aug** **[NoWait](https://millionrounds.com/company/nowait)** Series A · US · venturebeat.com **$2.0M** With 2 others
- **Jul** **[Mom Trusted](https://millionrounds.com/company/mom-trusted)** Seed · US · techcrunch.com **$1.0M** With 3 others
- **Mar** **[PowerGenix](https://millionrounds.com/company/powergenix)** US **Undisclosed** Sole investor
- **Feb** **[ZeaChem](https://millionrounds.com/company/zeachem)** Series C · US · onbiovc.com **$19M** With 5 others
- **Feb** **[ALung Technologies](https://millionrounds.com/company/alung-technologies)** Series B · US · bizjournals.com **$10M** With 2 others
- **2011** 4 rounds
- **Sept** **[TenMarks Education](https://millionrounds.com/company/tenmarks-education)** Venture · US · techcrunch.com **$3.0M** With 1 other

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 **3 named**

NR **Ned Renzi** Mr. Renzi is a member and manager of Birchmere Holdings LLC, the general partner of BV4GP LP, the general partner i Filing they signed

SA **Sean Ammirati** Manager of the General Partner of the Managing Member i Filing they signed

SS **Sean Sebastian** Mr. Sebastian is a member and manager of Birchmere Holdings LLC, the general partner of BV4GP LP, the general partner i Filing they signed

We also hold **3** 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.

## Exits from the portfolio

Companies it backed that were later bought or listed **24 in all**

**[Conscious Box](https://millionrounds.com/company/conscious-box)** Bought by Bestowed **Undisclosed** Oct 2015

**[Umano](https://millionrounds.com/company/umano)** Bought by [Dropbox](https://millionrounds.com/fund/dropbox-ventures) **Undisclosed** May 2015

**[NextPrinciples](https://millionrounds.com/company/nextprinciples)** Bought by Insightpool **Undisclosed** Feb 2015

**[Plextronics](https://millionrounds.com/company/plextronics)** Bought by [Solvay](https://millionrounds.com/fund/solvay) **Undisclosed** Mar 2014

**[NuPathe](https://millionrounds.com/company/nupathe)** Bought by Endo Health Solutions **$105M** Dec 2013

**[TenMarks Education](https://millionrounds.com/company/tenmarks-education)** Bought by [Amazon](https://millionrounds.com/fund/amazon) **Undisclosed** Oct 2013

**[Cvent](https://millionrounds.com/company/cvent)** Listed **$118M** Jul 2013

**[PTC Therapeutics](https://millionrounds.com/company/ptc-therapeutics)** Listed **$125M** Jun 2013

**[CyOptics](https://millionrounds.com/company/cyoptics)** Bought by Avago Technologies **Undisclosed** Apr 2013

**[MiaSolé](https://millionrounds.com/company/miasole)** Bought by [Hanergy Holding Group](https://millionrounds.com/fund/hanergy-holding-group) **$30M** Sept 2012

**[Webmedx](https://millionrounds.com/company/webmedx)** Bought by [Nuance Communications](https://millionrounds.com/fund/nuance-communications) **Undisclosed** Jul 2011

**[Inspired Technologies](https://millionrounds.com/company/inspired-technologies)** Bought by Evo Medical Solutions **Undisclosed** Dec 2010

**[NuPathe](https://millionrounds.com/company/nupathe)** Listed **Undisclosed** Aug 2010

**[Protez Pharmaceuticals](https://millionrounds.com/company/protez-pharmaceuticals)** Bought by [Novartis](https://millionrounds.com/fund/novartis) **$400M** Jun 2008

**[LogicLibrary](https://millionrounds.com/company/logiclibrary)** Bought by Akana **Undisclosed** May 2008

**[Renal Solutions](https://millionrounds.com/company/renal-solutions)** Bought by [Fresenius Medical Care](https://millionrounds.com/fund/fresenius-medical-care) **$200M** Nov 2007

**[Knova Software](https://millionrounds.com/company/knova-software)** Bought by Consona Corporation **Undisclosed** Mar 2007

**[TissueInformatics](https://millionrounds.com/company/tissueinformatics)** Bought by BioImagine **Undisclosed** Jun 2006

**[Lightningcast](https://millionrounds.com/company/lightningcast)** Bought by [AOL](https://millionrounds.com/fund/aol) **Undisclosed** May 2006

**[Eximias Pharmaceutical Corporation](https://millionrounds.com/company/eximias-pharmaceutical-corporation)** Bought by YM BioSciences **Undisclosed** Apr 2006

The latest 20 here. An exit counts when it came after the firm's first round in the company. From historical deal records.

New fund on file

**$9.3M**

raised in Mar 2022

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 **$6.7M** the round, not its cheque Alone, median **$7.5M**

Led 0 of 72 rounds **0%**

- **Sole investor:** 19 rounds
- **Last cheque:** Sept 2019
- **Exits:** 24 from the portfolio

Rounds by stage said on their site

- Seed said *16*
- Series B said *14*
- Series A said *9*
- Venture *7*
- Series C *6*
- Pre-seed said *-*
- Growth said *-*

Cheques by year Led Joined

1996 2019

Often in the room with

- [Bay City Capital](https://millionrounds.com/fund/bay-city-capital) 5
- [Innovation Works](https://millionrounds.com/fund/innovation-works) 5
- [Draper Triangle](https://millionrounds.com/fund/draper-triangle) 4
- [Firelake Capital Management](https://millionrounds.com/fund/firelake-capital-management) 4
- [Rincon Venture Partners](https://millionrounds.com/fund/rincon-venture-partners) 4
- [Riverfront Ventures](https://millionrounds.com/fund/riverfront-ventures) 4

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## Who they invest alongside

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

[**Bay City Capital** VC firm **5** rounds together](https://millionrounds.com/fund/bay-city-capital)[**Innovation Works** Government **5** rounds together](https://millionrounds.com/fund/innovation-works)[**Draper Triangle** VC firm **4** rounds together](https://millionrounds.com/fund/draper-triangle)[**Firelake Capital Management** Growth equity **4** rounds together](https://millionrounds.com/fund/firelake-capital-management)[**Rincon Venture Partners** VC firm **4** rounds together](https://millionrounds.com/fund/rincon-venture-partners)[**Riverfront Ventures** VC firm **4** rounds together](https://millionrounds.com/fund/riverfront-ventures)[**Alta Partners** VC firm **3** rounds together](https://millionrounds.com/fund/alta-partners)[**Catamount Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/catamount-ventures)[**Eagle Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/eagle-ventures)[**Floodgate** VC firm **3** rounds together](https://millionrounds.com/fund/floodgate)[**MAG Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/mag-ventures)[**Mark Cuban** Angel **3** rounds together](https://millionrounds.com/fund/mark-cuban)

## Recently backed

The latest companies Birchmere Ventures put money into.

[**Ikos** $4.0M · May 2019](https://millionrounds.com/company/ikos)[**The Zebra** $40M · Sept 2017](https://millionrounds.com/company/the-zebra)[**YayPay** $5.3M · Sept 2017](https://millionrounds.com/company/yaypay)

## Quick answers about Birchmere Ventures

### What does Birchmere Ventures invest in?

Birchmere Ventures invests most often at Seed and Series B (58% of the rounds on record), in sectors such as Employment, Network Effects and App.

### How active is Birchmere Ventures?

72 investments on record, 0 of them in the last 12 months. The most recent was in Sept 2019.

### What has Birchmere Ventures invested in recently?

Its most recent investments on record: Idelic (Series A, Sept 2019), Ikos (Undisclosed round, May 2019) and Spidr (Undisclosed round, Apr 2018).

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

The median round it joins is $6.7M.

### Does Birchmere Ventures lead rounds?

Rarely, if at all: none of its 72 investments on record names it as the lead.

### Where does Birchmere Ventures invest?

Most of the companies it backs are in the United States (100%).

### Is Birchmere Ventures investing now?

No investments in the last 12 months; the latest was in Sept 2019.

### Who does Birchmere Ventures invest alongside?

Most often Bay City Capital (5 rounds together), Innovation Works (5 rounds together) and Draper Triangle (4 rounds together).

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