Blue Lagoon Capital is a North American venture capital firm that invests in startups primarily in the United States. They typically participate in funding rounds with 3-4 other investors and have been known to invest alongside firms like Serena, Partech, and Airbus Ventures. The fund has a preference for investing in software and business intelligence startups and has backed companies like Virtustream, Revenue Analytics, and Bestmile. Blue Lagoon Capital has a track record of committing exits more frequently than other organizations and tends to invest in startups that are 4-5 years old.