# Brightstone Venture Capital: portfolio, investments and team

> Brightstone Venture Capital is a vc firm based in United States. 12 investments on record, latest Oct 2018. Portfolio, stages, co-investors and team.

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

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

# Brightstone Venture Capital

Last cheque observed Oct 2018. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Email

Quiet New fund $15M, Apr 2016 VC firm

Seed Series A Series B Life Sciences Lifesciences AR

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

Cheques on record

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

Since the last cheque **2944** days **00** hrs **00** min **00** sec

Median round **$16M** Rounds led **0 of 12** Sole investor **5 rounds** Mostly in **United States, 100%**

Pitch Brightstone Venture Capital

## Brightstone Venture Capital highlights

- 01 12 rounds on record
- 02 Mostly Seed and Series A: 67% of its rounds
- 03 Sole investor in 5 rounds, median $3.5M

## What they do

> Brightstone currently manages a $100 million venture fund focused on early-growth stage investment opportunities. From their own website

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Stages:** Seed Series A Series B Growth
- **Sectors:** Life Sciences Lifesciences AR
- **Based in:** Minneapolis, United States
- **Cold pitches:** Not accepted

## The record

Every round we can evidence, newest first **12 appearances**

- **2018** 1 round
- **Oct** **[Cnex Labs](https://millionrounds.com/company/cnex-labs)** Series D · US · FinSMEs **$23M** With 3 others
- **2017** 1 round
- **May** **[Atavium](https://millionrounds.com/company/atavium)** Series A · US · FinSMEs **$8.7M** With 4 others
- **2015** 3 rounds
- **May** **[truBrain](https://millionrounds.com/company/trubrain)** Seed · US **$1.4M** With 5 others
- **Feb** **[Vidku](https://millionrounds.com/company/vidku)** Series A · US **$17M** With 1 other
- **Jan** **[HomeSpotter](https://millionrounds.com/company/homespotter)** Seed · US **$1.8M** With 1 other
- **2014** 2 rounds
- **Jun** **[Fortus Medical](https://millionrounds.com/company/fortus-medical)** Venture **$1.4M** Sole investor
- **Mar** **[Celcuity](https://millionrounds.com/company/celcuity)** Series A · US **$4.0M** Sole investor
- **2013** 3 rounds
- **Oct** **[Horizon Oilfield Services](https://millionrounds.com/company/horizon-oilfield-services)** Series A **$3.5M** Sole investor
- **May** **[HomeSpotter](https://millionrounds.com/company/homespotter)** Seed · US · sec.gov **$1.0M** Sole investor
- **Mar** **[Bnocular](https://millionrounds.com/company/bnocular)** Seed · US · venturebeat.com **$1.0M** With 2 others
- **2012** 1 round
- **Jul** **[Miromatrix Medical](https://millionrounds.com/company/miromatrix-medical)** Venture · US · sec.gov **$5.3M** Sole investor
- **2004** 1 round
- **May** **[Disc Dynamics](https://millionrounds.com/company/disc-dynamics)** Venture · US **$24M** With 3 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 **3 named**

DF **David F. Dalvey** Principal i Filing they signed

PM **Patrick M. O'Shaughnessy** Principal i Filing they signed

SA **Seth A. DeGroot** Principal i Filing they signed

We also hold **5** 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 they claim to have backed

From their own portfolio page (on their website)

**10** of 14 we have independently watched raise

[Celcuity](https://millionrounds.com/company/celcuity)[Codestream](https://millionrounds.com/company/codestream)[Cryosa](https://millionrounds.com/company/cryosa)[Flyrlabs](https://millionrounds.com/company/flyr)[Gravie](https://millionrounds.com/company/gravie)[Homespotter](https://millionrounds.com/company/homespotter)[Info](https://millionrounds.com/company/info)[Intacttherapeutics](https://millionrounds.com/company/intact-therapeutics)[Wasabi](https://millionrounds.com/company/wasabi)[Xplore](https://millionrounds.com/company/xplore) Afriexapp Bitesquad Mosaic Vrchat

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

**$15M**

raised in Apr 2016

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

## The cheque

Seed Series A Series B

Median round joined **$16M** the round, not its cheque Alone, median **$3.5M**

Led 0 of 12 rounds **0%**

- **Sole investor:** 5 rounds
- **Last cheque:** Oct 2018

Rounds by stage said on their site

- Seed said *4*
- Series A said *4*
- Venture *3*
- Series D *1*
- Series B said *-*
- Growth said *-*

Cheques by year Led Joined

2004 2018

**Pitching Brightstone Venture 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 *→*

## Recently backed

The latest companies Brightstone Venture Capital put money into.

[**Cnex Labs** $23M · Oct 2018](https://millionrounds.com/company/cnex-labs)

## Quick answers about Brightstone Venture Capital

### What does Brightstone Venture Capital invest in?

Brightstone Venture Capital invests most often at Seed and Series A (67% of the rounds on record), in sectors such as Life Sciences, Lifesciences and AR.

### How active is Brightstone Venture Capital?

12 investments on record, 0 of them in the last 12 months. The most recent was in Oct 2018.

### What has Brightstone Venture Capital invested in recently?

Its most recent investments on record: Cnex Labs (Series D, Oct 2018) and Atavium (Series A, May 2017).

### How big are Brightstone Venture Capital's cheques?

The median round it joins is $16M.

### Does Brightstone Venture Capital lead rounds?

Rarely, if at all: none of its 12 investments on record names it as the lead.

### Where does Brightstone Venture Capital invest?

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

### Is Brightstone Venture Capital investing now?

No investments in the last 12 months; the latest was in Oct 2018.

### What kind of investor is Brightstone Venture Capital?

Brightstone Venture Capital is a VC firm based in Minneapolis, United States.

## Raising now?

Find the investors who back rounds like yours, and keep every conversation on one fundraising board.

Find similar investorsOpen your CRM

Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=brightstone-venture-capital) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=brightstone-venture-capital)
