Search company, investor...

Predict your next investment

BFG Partners company logo
Venture Capital
bfgpartners.com

Investments

44

Portfolio Exits

4

Funds

2

About BFG Partners

BFG Partners is a venture capital fund that seeks to partner with early-stage food and beverage consumer product companies. BFG works alongside entrepreneurs to ensure the business is able to deliver sustainable growth and outperform its competitors.

Headquarters Location

929 Pearl Street Suite 300

Boulder, Colorado, 80302,

United States

303-954-4413

Are you an investor?
Submit your portfolio details now to be considered in our investor rankings.

Expert Collections containing BFG Partners

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Find BFG Partners in 1 Expert Collection, including Food & Beverage .

F

Food & Beverage

123 items

Latest BFG Partners News

Stay Ai: $15.1 Million Raised To Develop Customer Loyalty Operating System For Shopify Brands

Aug 8, 2023

Stay Ai – a customer loyalty operating system for Shopify brands – recently announced that it has raised a $15.1m Series A, the company’s first funding announcement since launching in October 2021. And this funding round consists of an $8.6 million investment led by Telescope Partners with participation from Boulder Food Group, Riverpark Ventures, and Vanterra Capital. The previous investments total $7.5 million, led by Watchfire Ventures, alongside industry leaders such as Nik Sharma (Sharma Brands) and Adam Turner (Postscript). This funding round will build on Stay Ai’s rapid first-year growth, which concluded with 300+ merchants like Vita Coco and Momofuku choosing the platform over legacy solutions, as well as the acquisition of RetentionEngine, which is a pioneer in applying machine learning to e-commerce. The priorities include expanding Stay Ai’s product-centric 50+ team, driving an industry-leading innovation roadmap, and supporting acquisition strategy. The company is founded and led by serial e-commerce entrepreneurs Gina Perrelli (CEO) and Pierson Krass (President), who co-founded Lunar Solar Group in 2018, an award-winning ecommerce agency bootstrapped from $0 to $12m in ARR in under four years. Stay Ai’s platform revolutionizes legacy subscription tools in the Shopify ecosystem. And with Stay Ai’s marquee ExperienceEngine, brands can apply performance marketing tactics to their subscription programs to manage and personalize customer lifecycles in cutting-edge ways. These features have enabled brands like Olipop to drive a 35% lift in subscriber revenue within 90 days of moving to Stay. KEY QUOTES: “After building subscription and retention programs for 100+ brands, it felt crazy to me that we A/B test every other channel like email or SMS, but with loyal subscribers, we just set it and forget it.” — Gina Perrelli “E-commerce brands urgently need dependable, higher margin revenue, and subscription programs were ripe for innovation. The first half of 2023 was all about integrating proprietary machine learning models into our platform, both for more personalized experiences and to automatically improve outcomes. Next, we’re focusing on a variety of never-before-seen tools to help brands better reward and retain customers.” — Pierson Krass “Stay Ai puts brands and their consumers first and we’re confident it will become a leading subscription and loyalty solution.” — Amit Parekh, Principal, Telescope Partners Trending on Pulse 2.0

Mar 13, 2023
Oats Overnight

BFG Partners Investments

44 Investments

BFG Partners has made 44 investments. Their latest investment was in Fourth and Heart as part of their Series D on November 11, 2023.

CBI Logo

BFG Partners Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

11/22/2023

Series D

Fourth and Heart

$10M

No

Cambridge SPG, Harbinger Ventures, Undisclosed Angel Investors, and Undisclosed Investors

1

6/21/2023

Unattributed VC

Rodeo

Yes

1

6/16/2023

Series A

Stay AI

$15.1M

Yes

6

3/3/2023

Series A

Subscribe to see more

$99M

Subscribe to see more

10

12/1/2022

Series A

Subscribe to see more

$99M

Subscribe to see more

10

Date

11/22/2023

6/21/2023

6/16/2023

3/3/2023

12/1/2022

Round

Series D

Unattributed VC

Series A

Series A

Series A

Company

Fourth and Heart

Rodeo

Stay AI

Subscribe to see more

Subscribe to see more

Amount

$10M

$15.1M

$99M

$99M

New?

No

Yes

Yes

Subscribe to see more

Subscribe to see more

Co-Investors

Cambridge SPG, Harbinger Ventures, Undisclosed Angel Investors, and Undisclosed Investors

Sources

1

1

6

10

10

BFG Partners Portfolio Exits

4 Portfolio Exits

BFG Partners has 4 portfolio exits. Their latest portfolio exit was ZitSticka on November 09, 2022.

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

11/9/2022

Acquired

$99M

3

4/25/2022

Acquired

Subscribe to see more

$99M

Subscribe to see more

10

8/26/2020

Acquired

Subscribe to see more

$99M

Subscribe to see more

10

11/3/2017

Acquired

Subscribe to see more

$99M

Subscribe to see more

10

Date

11/9/2022

4/25/2022

8/26/2020

11/3/2017

Exit

Acquired

Acquired

Acquired

Acquired

Companies

Subscribe to see more

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

$99M

$99M

Acquirer

Subscribe to see more

Subscribe to see more

Subscribe to see more

Sources

3

10

10

10

BFG Partners Fund History

2 Fund Histories

BFG Partners has 2 funds, including Boulder Food Group II.

Closing Date

Fund

Fund Type

Status

Amount

Sources

3/1/2019

Boulder Food Group II

Early-Stage Venture Capital

Closed

$103.25M

5

5/28/2015

Boulder Food Group

Subscribe to see more

Subscribe to see more

$99M

10

Closing Date

3/1/2019

5/28/2015

Fund

Boulder Food Group II

Boulder Food Group

Fund Type

Early-Stage Venture Capital

Subscribe to see more

Status

Closed

Subscribe to see more

Amount

$103.25M

$99M

Sources

5

10

BFG Partners Team

2 Team Members

BFG Partners has 2 team members, including current Managing Partner, Dayton Miller.

Name

Work History

Title

Status

Dayton Miller

Managing Partner

Current

Subscribe to see more

Subscribe to see more

Subscribe to see more

Name

Dayton Miller

Subscribe to see more

Work History

Title

Managing Partner

Subscribe to see more

Status

Current

Subscribe to see more

Loading...

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.