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Bonfire Ventures

Company

Investment-firm

Financing round

General

About Company
Bonfire Ventures is a seed stage focused firm that invests in B2B software companies.

Industry

Sector :

Subsector :

founded date

01.01.2005

Number of employees

IPO status

Private

Description

Based in Los Angeles, Bonfire Ventures is a venture capital fund that primarily invests in B2B software companies during their seed stage. Founded by Jim Andelman and Mark Mullen, the fund typically participates in rounds with 4-5 other investors. Notable co-investors include Root Ventures, Rincon Venture Partners, and Amplify.LA. Bonfire Ventures has a track record of committing exits more frequently than other organizations, and their average investment ranges from $5-10 million. The fund is actively involved in 7-12 investment rounds annually, with a focus on industries such as SaaS and E-Commerce. Some of their popular portfolio startups include Branch, Spekit, and Brainbase.
Contacts
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Financials

Investments
118
Date 
name 
Lead 
type 
Raised 
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People

Founders
2
Mark Mullen
Mark Mullen

Mark Mullen

Mark Mullen has added 20 years of investment banking experience and relationships in investing and raising capital. He launched his second fund in early 2012, Double M Partners LP. The fund currently has 14 investments as of December 31, 2012. The fund focuses on early stage investments in Southern Cal.

current job

Bonfire Ventures
Bonfire Ventures

organization founded

2

Mark Mullen

Jim Andelman
Jim Andelman

Jim Andelman

Jim is co-founder and Managing Director of Bonfire Ventures and Rincon Venture Partners. In this capacity, he is responsible for driving the firms' investment activities, as well as the firm’s operations. Jim is in his sixteenth year as a VC. Previously, Jim led software investing at Broadview Capital Partners, a $250 million expansion-stage venture capital firm based in the Bay Area. Before BCP, Jim was a member of the Technology Investment Banking Group at Alex. Brown & Sons (and its successor, Deutsche Bank Securities). There, he concentrated on equity private placements and initial public offerings for software companies. Jim began his career with Symmetrix, a boutique management consulting firm founded by a Bain & Co. founder, which helped to create strategic advantage through the application of technology. At Symmetrix, Jim specialized in strategy formulation and economic modeling. Jim received his MBA with highest distinction (first in his class) from the Amos Tuck School at Dartmouth College, and his BS in Economics (magna cum laude) from the Wharton School at the University of Pennsylvania. Jim serves on the Boards of Directors of Campus Explorer, Conversion Logic, Keen IO, Mobcrush, Rentlytics, Rainforest QA, Steelhouse, TaxJar and Tradesy. He previously served on the Boards of Cadforce (acquired by Neilsoft), Packet Island (acquired by BroadSoft), Burstly (acquired by Apple), DataPop (acquired by Criteo), and Shift (acquired by Brand Networks). In addition, he serves on the Boards of Directors of Friends of Yosemite Search and Rescue and the Los Angeles Venture Association, on the Advisory Board of the Douglas Family Preserve.

current job

Bonfire Ventures
Bonfire Ventures

organization founded

2

Jim Andelman

Employee Profiles
7
Tyler Churchill

Tyler Churchill

Principal

Mark Mullen

Mark Mullen

Co-Founder & Managing Director

Loren Shepard

Loren Shepard

Administrative Director and VP, Operations

Jim Andelman

Jim Andelman

Co-Founder & Managing Director

Jennifer Richard

Jennifer Richard

Principal

Brett Queener

Brett Queener

Partner & Managing Director

Activity

Recent News
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