# Blue Lagoon Capital: portfolio, investments and team

> Blue Lagoon Capital is a vc firm based in United States. 4 investments on record, latest Aug 2019. Portfolio, stages, co-investors and team.

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

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

# Blue Lagoon Capital

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

Quiet New fund $20M, Mar 2022 VC firm

Series A Series B Growth Generalist Industry Agnostic Sector Agnostic

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 4 on record

Since the last cheque **2617** days **00** hrs **00** min **00** sec

Median round **$14M** Rounds led **1 of 4** Exits **1 from the portfolio**

Pitch Blue Lagoon Capital

## Blue Lagoon Capital highlights

- 01 4 rounds on record
- 02 Mostly Series A and Series B: 100% of its rounds
- 03 Led 1 rounds
- 04 1 exits from the portfolio

## What they do

> Identifying, commercializing and monetizing technologies that radically advance human efficiency and business productivity. From their own website

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Stages:** Series A Series B Growth
- **Sectors:** Generalist Industry Agnostic Sector Agnostic
- **Based in:** Sunrise, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **4 appearances**

- **2019** 2 rounds
- **Aug** **[Bestmile](https://millionrounds.com/company/bestmile)** Series B · US · FinSMEs **$17M** *Led*
- **May** **[Revenue Analytics](https://millionrounds.com/company/revenue-analytics)** Series A · US · FinSMEs **$11M** With 1 other
- **2011** 1 round
- **Feb** **[Virtustream](https://millionrounds.com/company/virtustream)** Series A · US · virtustream.com **$9.8M** With 5 others
- **2009** 1 round
- **Aug** **[Virtustream](https://millionrounds.com/company/virtustream)** Series A · US · virtustream.com **$25M** 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**

KD **Kevin Delano Reid** PRINCIPLE OF BLUE LAGOON CAPITAL III GP, LLC, GENERAL PARTNER i Filing they signed

RJ **Rodney John Rogers** PRINCIPLE OF BLUE LAGOON CAPITAL III GP, LLC, GENERAL PARTNER i Filing they signed

YS **Young S Nam** CFO i Form ADV

We also hold **4** 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

**$84M** gross assets of its funds Oct 2026

**Exempt** reporting adviser venture or small private funds

- **Legal name:** BLUE Lagoon Advisors, LLC
- **SEC number:** CRD 300276

## Exits from the portfolio

Companies it backed that were later bought or listed **1 in all**

**[Virtustream](https://millionrounds.com/company/virtustream)** Bought by [EMC](https://millionrounds.com/fund/emc) **$1.2B** May 2015

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

New fund on file

**$20M**

raised in Mar 2022

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

## The cheque

Series A Series B Growth

Median round joined **$14M** the round, not its cheque

Led 1 of 4 rounds **25%**

- **Sole investor:** Never alone
- **Last cheque:** Aug 2019
- **Exits:** 1 from the portfolio

Rounds by stage said on their site

- Series A said *3*
- Series B said *1*
- Growth said *-*

Cheques by year Led Joined

2009 2019

Often in the room with

- [Columbia Capital](https://millionrounds.com/fund/columbia-capital) 2
- [Noro-Moseley Partners](https://millionrounds.com/fund/noro-moseley-partners) 2

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## Who they invest alongside

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

[**Columbia Capital** VC firm **2** rounds together](https://millionrounds.com/fund/columbia-capital)[**Noro-Moseley Partners** Growth equity **2** rounds together](https://millionrounds.com/fund/noro-moseley-partners)

## Recently backed

The latest companies Blue Lagoon Capital put money into.

[**Bestmile** $17M · Aug 2019](https://millionrounds.com/company/bestmile)[**Revenue Analytics** $11M · May 2019](https://millionrounds.com/company/revenue-analytics)

## Quick answers about Blue Lagoon Capital

### What does Blue Lagoon Capital invest in?

Blue Lagoon Capital invests most often at Series A and Series B (100% of the rounds on record), in sectors such as Generalist, Industry Agnostic and Sector Agnostic.

### How active is Blue Lagoon Capital?

4 investments on record, 0 of them in the last 12 months, and it led 1. The most recent was in Aug 2019.

### What has Blue Lagoon Capital invested in recently?

Its most recent investments on record: Bestmile (Series B, Aug 2019) and Revenue Analytics (Series A, May 2019).

### How big are Blue Lagoon Capital's cheques?

The median round it joins is $14M.

### Is Blue Lagoon Capital investing now?

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

### Who does Blue Lagoon Capital invest alongside?

Most often Columbia Capital (2 rounds together) and Noro-Moseley Partners (2 rounds together).

### What kind of investor is Blue Lagoon Capital?

Blue Lagoon Capital is a VC firm based in Sunrise, United States.

### How much does Blue Lagoon Capital manage?

About $84M, as gross assets of its private funds (Oct 2026).

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