Investments
112Portfolio Exits
24Funds
10Latest Bling Capital News
Jun 5, 2022
Kolors , a Houston, TX-based technology and data-driven intercity bus network company, raised $26 million in funding. This included a $20 million Series A financing round led by UP.Partners with participation from Toyota Ventures, Maniv Mobility, K5 Global, Mazapil, alongside existing investors Tuesday Capital, Garret Camp’s Expa, Chris Sacca’s Lowercase, Moving Capital, MVG, Brainstorm Ventures, Bling Capital and Amplifica. The funding will further accelerate expansion in Mexico, expand to new Latin American markets and enable cross-border US travel. Founded in 2020 by experienced mobility entrepreneurs Rodrigo Martinez and Anca Gardea, Kolors provides a smart-bus-platform, which, in a combination of airline and ridesharing style technology, runs and optimizes its intercity bus network while delivering the best passenger experience through the introduction of bus attendants powered by technology. The company doesn’t own any vehicles but instead partners with small and medium-sized bus operators. The operator is only responsible for driving the bus and Kolors does everything else (route optimization, virtual stops, scheduling, pricing, marketing, sales, customer service, etc) through its tech, data and customer experience layer. FinSMEs 05/06/2022
Bling Capital Investments
112 Investments
Bling Capital has made 112 investments. Their latest investment was in Kolors as part of their Series A on June 6, 2022.
Bling Capital Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
6/3/2022 | Series A | Kolors | $20M | No | 4 | |
5/24/2022 | Seed VC | Actiondesk | $3.9M | Yes | FundersClub, Liquid 2 Ventures, Speedinvest, Tiger Global Management, Undisclosed Investors, and Y Combinator | 1 |
4/29/2022 | Pre-Seed | Taelor | $2.3M | Yes | 2 | |
4/27/2022 | Series A | |||||
4/19/2022 | Seed VC |
Date | 6/3/2022 | 5/24/2022 | 4/29/2022 | 4/27/2022 | 4/19/2022 |
---|---|---|---|---|---|
Round | Series A | Seed VC | Pre-Seed | Series A | Seed VC |
Company | Kolors | Actiondesk | Taelor | ||
Amount | $20M | $3.9M | $2.3M | ||
New? | No | Yes | Yes | ||
Co-Investors | FundersClub, Liquid 2 Ventures, Speedinvest, Tiger Global Management, Undisclosed Investors, and Y Combinator | ||||
Sources | 4 | 1 | 2 |
Bling Capital Portfolio Exits
24 Portfolio Exits
Bling Capital has 24 portfolio exits. Their latest portfolio exit was Zenefits on December 23, 2021.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
12/23/2021 | Acquired | 1 | |||
10/29/2021 | IPO | Public | 6 | ||
9/30/2020 | IPO | Public | 4 | ||
Date | 12/23/2021 | 10/29/2021 | 9/30/2020 | ||
---|---|---|---|---|---|
Exit | Acquired | IPO | IPO | ||
Companies | |||||
Valuation | |||||
Acquirer | Public | Public | |||
Sources | 1 | 6 | 4 |
Bling Capital Fund History
10 Fund Histories
Bling Capital has 10 funds, including Bling Capital Seed Fund.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
12/3/2020 | Bling Capital Seed Fund | $77M | 2 | ||
12/3/2020 | Bling Capital Opportunity Fund | $36M | 2 | ||
10/16/2019 | Bling Capital SPV C Plastiq | $3.25M | 1 | ||
9/19/2019 | Bling Capital Fund I Opps | ||||
6/21/2019 | Bling Capital SPV B CoreTech Fitness |
Closing Date | 12/3/2020 | 12/3/2020 | 10/16/2019 | 9/19/2019 | 6/21/2019 |
---|---|---|---|---|---|
Fund | Bling Capital Seed Fund | Bling Capital Opportunity Fund | Bling Capital SPV C Plastiq | Bling Capital Fund I Opps | Bling Capital SPV B CoreTech Fitness |
Fund Type | |||||
Status | |||||
Amount | $77M | $36M | $3.25M | ||
Sources | 2 | 2 | 1 |
Bling Capital Team
2 Team Members
Bling Capital has 2 team members, including current General Partner, Benjamin Ling.
Name | Work History | Title | Status |
---|---|---|---|
Benjamin Ling | Khosla Ventures, Google, Youtube, Meta, TellMe, Tellme Networks, E.piphany, Stanford University, and IBM | General Partner | Current |
Kyle Lui | DCM Ventures, Salesforce, ChoicePass, Clearwater Capital Partners, and Pantheon Ventures Ltd. | General Partner | Current |
Name | Benjamin Ling | Kyle Lui |
---|---|---|
Work History | Khosla Ventures, Google, Youtube, Meta, TellMe, Tellme Networks, E.piphany, Stanford University, and IBM | DCM Ventures, Salesforce, ChoicePass, Clearwater Capital Partners, and Pantheon Ventures Ltd. |
Title | General Partner | General Partner |
Status | Current | Current |
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