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BVP Forge
Who We Are
BVP Forge is a private equity firm for growth-oriented, self-sustaining software-enabled and services businesses paired with access to the Bessemer Venture Partners platform. BVP Forge combines BVP’s front-line industry insights, proven growth IP, and legendary executive network with tailored resources for self-sustaining companies and ForgeEdge™ strategic resources.
Mission-driven teams gain an ally who values their expertise, respects their legacy, and supports them to build a winning culture and business that withstands the test of time. BVP Forge invests from a $1 billion fund in partnership with the $18B+ BVP venture platform that has backed industry defining businesses such as LinkedIn, MindBody, PagerDuty, Procore, ServiceTitan, Shopify, Toast, and Twilio.
Transaction Type: Majority or significant minority, typically for shareholder liquidity
Company Type: Software, AI, tech-enabled services, managed services. Double digit growth and self-sustaining
Transaction Size: $50-$500mm enterprise value; $30-$250mm equity investments
Geography: North America, Europe, Australia, New Zealand
Why We're Different
Tailored Approach
A partner exclusively focused on growing and self-sustaining middle market technology and services businesses.
Stay Ahead of What’s Next
Innovate faster and see around corners with front-line insights from the technology industry’s recognized thought leader: 40+ industry roadmaps and 60+ annual technology publications.
Unlock Bessemer’s Network and Growth Assets
Huddle with admired technology executives at BVP’s 10+ private workshops, and mine BVP’s resources to outmaneuver your competitors.
ForgeEdge™ Strategic Resources
A set of resources, AI Insights, and toolkits to accelerate your journey toward building a lasting, impactful business.
Partnership Philosophy
We’re mission-driven, eager to help you transform your industry, innovate, and deliver customers a better offering than that stodgy competitor. Becoming a self-sustaining company is no small feat – you deserve the ultimate respect. We recognize you’ve been successful without us, but we can be additive.
We are a partner with a business operator’s mentality, but one who recognizes we may not always have all the answers or the best answer. However, we win together when products endure, customers praise, and employees thrive. Our platform is for those who don’t want a one-size fits all approach but value a partner who brings a proactive operational and strategic framework. We’re ideally suited for management teams who want to connect and partner on a noble purpose.
ForgeEdge™
Forge an enduring edge for your business with operational resources that adapt to your culture and capitalize on BVP’s acclaimed programs. The result? Accelerate your journey and amplify your success.
Proprietary Resources Adapted to Your Culture
What you’ve already achieved is no small feat. Everyone states the “what” – but our program goes deeper to help you with the “how”. Feel confident in your path forward.
Proactive and Aligned
Instead of being reactive, we align upfront, and proactively launch a program to seize key opportunities and navigate challenges.
Knowledge Transfer from Wins at Massive Scale
Unlock a knowledge transfer of IP that’s been proven at massive scale, led by someone who has been in your shoes as a CEO – and won.
Responsible Growth
A growth philosophy that empowers employees, creates lasting value through customer centricity, and prioritizes sustainable growth principles
AI Velocity A ForgeEdge Program
AI is the biggest near-term opportunity for your business. Our AI Velocity program is how we help Forge portfolio companies capture it. Our dedicated team works alongside yours, with the full Bessemer network behind every engagement.
Learn MoreWhat We Believe
BVP Forge believes exceptional people, product, and customer strategies together form the advantage that feeds profitability and growth.
People
Finding, hiring, and keeping great people are just a start – and treating them fairly is a non-negotiable. Motivating and rewarding great people are the keys to growth, customer management, and product excellence. Continuously building a winning culture requires effectively adding new and different talent – “what got you here won’t get you there.”
Do you have everything needed to create a business that continues to win?
Product
Great products solve important customer problems and deliver measurable value. Product strategy is a primary source for sustained competitive advantage. Investing in non-functional requirements is as important as new features for consistent and reliable performance. Great products are effectively managed throughout the life-cycle – based on their role in the portfolio.
Have you maximized the opportunity with your core product – and how do you balance it with new product development?
Customer
Customers may not always know what they need, but they are the experts at the problem to be solved. Great companies build customer communities to get really good at listening and understanding the problems to be solved. It takes 40 positive customer experiences to make up for one bad review, and every interaction is important. Reference-able customers are gold and need to be continuously maintained.
How do you build customer communities and maximize customer centricity?
Growth
All growth is not created equal. Growth from the target customer type is of the highest quality because it has higher lifetime value. Growth from new logos is more valuable than growth from upsells, but will become more expensive. Volume growth is sustainable, whereas growth from price increases are one time in nature. Customer acquisition cost metrics provide meaningful insight into optimizing growth.
Do you have the people, processes and systems to achieve your goals for growth?
Profitability
The role of profitability is often misunderstood. At a basic level, no business can survive too long unless it becomes profitable. The recipe for value creation is Competitive Advantage, Returns, and Growth – in that order. Without an advantage, returns (i.e. profit) will decrease. And without adequate returns (i.e. profit), growth destroys value. Simply put, profitability – reinforced by growth – is the engine that drives continued reinvestment by attracting more capital.
How do you weigh profitability tradeoffs when evaluating growth and operational initiatives?
Our Experience
Bessemer Venture Partners has partnered with industry-defining companies for more than half a century. BVP Forge pairs companies with access to BVP’s front-line industry insights, proven growth IP, and legendary executive network.
* Indicates BVP Forge team experience prior to BVP Forge
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Team
We are a mission-driven crew from wide ranging backgrounds, but we share a common passion to partner with companies on a noble purpose to build lasting, impactful businesses.
On our team you’ll find multiple first-generation college graduates, a rodeo star, competitive skier, college athletes, poker enthusiasts, fly fishermen, multi-lingual speakers, and active philanthropists. The common thread running through us is an underdog mentality, we-before-I mindset, and a commitment to clear and independent thinking.
BVP Forge
BVP Forge Strategic Advisors
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Insights
BVP Forge partners with Vector to accelerate automation of logistics workflows
BVP Forge has made a strategic investment in Vector to fuel growth and support network expansion.
Mortgage Automator Extends its Market Lead with Strategic Investment from BVP Forge
Mortgage Automator gains access to ForgeEdge™ and the growth IP, workshops, and programming of Bessemer Venture Partners.
BVP Forge partners with Givebutter to support its rapid, sustainable growth
BVP Forge investment will fuel Givebutter’s mission to become the operating system for non-profits worldwide.
BVP Forge establishes a partnership with Parsec designed to fuel future growth
BVP Forge has led a major recapitalization with Parsec Automation Corp, a trailblazer in Manufacturing Operations Management (MOM) software.
BVP Forge partners with Radformation to accelerate AI-driven solutions for cancer care
BVP Forge has made a strategic investment in Radformation to accelerate its global growth.
Medisolv receives a strategic investment from BVP Forge
BVP Forge completed a strategic investment in Medisolv, a leader in healthcare quality data measurement and reporting solutions.
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