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Bluestein Ventures company logo
Family Office
bluesteinventures.com

Investments

25

Portfolio Exits

2

About Bluestein Ventures

Bluestein Ventures is a family office based in Chicago, right in the heart of the Midwest. It was formed in 2009 and redirected in 2014. Bluestein is focused on creating value for its portfolio; growing and building early-stage businesses through value-added investments that leverage its extensive experience coaching and advising business leaders and their businesses.

Headquarters Location

350 North LaSalle Suite 1020

Chicago, Illinois, 60654,

United States

312-724-8788

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Research containing Bluestein Ventures

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Bluestein Ventures in 1 CB Insights research brief, most recently on Nov 10, 2021.

Latest Bluestein Ventures News

BiomeSense Closes Oversubscribed $3 Million Funding Round

May 22, 2023

BiomeSense Closes Oversubscribed $3 Million Funding Round BiomeSense,  a biotech company unlocking the vast health benefits of the microbiome through novel “smart bathroom” hardware technology and advanced bioinformatics, announced the close of its oversubscribed $3 million funding round. Led by  Bluestein Ventures , the financing includes new investor  Harvest Ridge Capital  along with participation from existing investors SOSV and  Seerave Foundation,  underscoring their continued confidence in BiomeSense’s mission. This new financing will support BiomeSense’s commercial launch, anticipated within the year. BiomeSense is developing the first dedicated tools to help fully unlock microbiome precision medicine. Despite significant interest in the microbiome’s potential to improve human health, its complex nature coupled with a lack of effective measurement tools have made it difficult to understand, leaving much of the microbiome’s scientific and commercial promise untapped—until now. Seizing this opportunity, BiomeSense’s revolutionary “smart bathroom” technology, GutLab, and bioinformatics platform, MetaBiome, make generating and analyzing large-scale, time-series microbiome datasets not only possible, but cost effective. The company is partnering with leading scientists to deploy the platform across a range of clinical studies to create the industry’s first curated time-series microbiome database. This unprecedented resource will set new standards for microbiome precision medicine, from basic research through commercial product development. “Multiple studies have shown the microbiome is the portal to overall health and wellness, including the ability to predict a person’s response to a particular medicine and helping patients better manage conditions such as diabetes or celiac disease,” said Kevin Honaker, BiomeSense Co-Founder and CEO. “While we know these possibilities exist, data barriers have blocked the industry from fully harnessing the microbiome’s potential. Now, thanks to our funders’ confidence, we can launch our technology and access the microbiome’s full precision medicine promise.” BiomeSense’s breakthrough technology will allow continuous microbiome tracking—even in the comfort of someone’s home—enabling unprecedented insight into day-to-day fluctuations. “This comprehensive data is not possible with solutions currently on the market. BiomeSense’s innovative tools are creating a future where microbiome tracking becomes an integral part of patients’ daily routines, vastly improving individual health insights and outcomes,” Honaker added. “As an early investor in BiomeSense, we have always believed deeply in the company’s vision to unlock personalized nutrition via the gut microbiome,” said Andrew Bluestein, Managing Partner at Bluestein Ventures and BiomeSense board director. “The company has made immense progress since our initial investment, and we are proud to support BiomeSense as it enters this critical commercialization phase. There is a significant measurement gap in the industry and the expected benefits from BiomeSense’s technology are enormous.” The company will leverage this funding to launch its “smart bathroom” technology, GutLab, and further expand its bioinformatics platform, including a novel solution for simple integration of disparate datasets. This first for the microbiome industry will power a significant increase in the size and statistical power of analyses performed on the platform. Supporting development of BiomeSense’s technology is Jack Gilbert, renowned microbiome research expert and BiomeSense Co-Founder. About BiomeSense BiomeSense  is creating the first integrated precision measurement and analytics platform to transform how the human microbiome is explored, understood, and utilized to improve health. The comprehensive platform combines a novel “smart bathroom” technology (GutLab) with a cloud-based bioinformatics platform (MetaBiome). The resulting data and analytics will bring precision medicine to the microbiome, with significant potential to improve human health globally through drug development, disease identification and tracking, and consumer products. Sign Up to Free Newsletter The Microbiome Drug Database

Bluestein Ventures Investments

25 Investments

Bluestein Ventures has made 25 investments. Their latest investment was in Jellatech as part of their Seed VC - II on August 8, 2023.

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Bluestein Ventures Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

8/22/2023

Seed VC - II

Jellatech

$3.5M

No

2

5/18/2023

Seed VC - IV

BiomeSense

$3M

Yes

2

1/26/2023

Seed VC

People Science

$5.3M

Yes

5

9/9/2022

Seed VC

Subscribe to see more

$99M

Subscribe to see more

10

4/26/2022

Series A

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$99M

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10

Date

8/22/2023

5/18/2023

1/26/2023

9/9/2022

4/26/2022

Round

Seed VC - II

Seed VC - IV

Seed VC

Seed VC

Series A

Company

Jellatech

BiomeSense

People Science

Subscribe to see more

Subscribe to see more

Amount

$3.5M

$3M

$5.3M

$99M

$99M

New?

No

Yes

Yes

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

2

2

5

10

10

Bluestein Ventures Portfolio Exits

2 Portfolio Exits

Bluestein Ventures has 2 portfolio exits. Their latest portfolio exit was Foxtrot on November 27, 2023.

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

11/27/2023

Merger

$99M

5

1/25/2022

Acquired

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$99M

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10

Date

11/27/2023

1/25/2022

Exit

Merger

Acquired

Companies

Subscribe to see more

Valuation

$99M

$99M

Acquirer

Subscribe to see more

Sources

5

10

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