BDMI

BDMI

Type	Limited liability partnership Subsidiary
Industry	Financial services Investment management
Founded	2006
Headquarters	New York City, United States
Key people	Urs Cete Jan Borgstaedt Tobias Schirmer Keith Titan Sim Blaustein
Products	Venture Capital
Total assets	Series A Funds: $200 million Seed Funds: $7 million
Number of employees	10
Parent	Bertelsmann
Website	www.bdmifund.com

BDMI (also known as Bertelsmann Digital Media Investments) is a corporate venture capital firm headquartered in New York City, United States, focused on innovative digital media technologies, products, and distribution channels in Europe, Israel and North America.^[1] BDMI is a 100%-owned subsidiary of Bertelsmann SE, the international media company.

General partners

The firm's investing partners include Urs Cete, Sim Blaustein, and Keith Titan. The team is supported by investment Associate Mary Liu and Analyst Courtney Nelson.

Investment focus

BDMI concentrates on early stage investments into growing companies in the digital media landscape, specifically in the categories of online video, next generation publishing and adtech/pubtech. The company focuses predominantly on Series A and B investments, but also has a seed fund that includes over 20 companies. The initial investment range is from $500k to $5m.^[2] The company looks for opportunities where they can accelerate growth through BDMI’s financial and management resources and close connectivity with one or more Bertelsmann divisions. Although BDMI is a 100%-owned subsidiary of Bertelsmann SE, it conducts investments just like every other financial VC. With consolidated revenues of over €19 billion (U.S. $25 billion), Bertelsmann is an international media company encompassing television (RTL Group), book publishing (Penguin Random House), magazine publishing (Gruner + Jahr), music (BMG), media services (Arvato), and media clubs (Direct Group) in more than 60 countries. Due to the vast resources of Bertelsmann SE & Co. KGaA, BDMI is an investor that provides not only capital, but can also benefit startups through its network of diverse Bertelsmann businesses and its broader connections to media companies in the US and Europe.

Investments

BDMI has invested in more than 50 startups since its inception in 2006.^[3][4]

Notable investments have included:

For more of BDMI's investments, see Crunchbase article.

References

External links

• BDMI - Crunchbase Profile
• Official Website of BDMI

Private equity and venture capital
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History	History of private equity and venture capital Early history of private equity Private equity in the 1980s Private equity in the 1990s Private equity in the 2000s
Terms and concepts	Buyout Financial sponsor Management buyout Divisional buyout Buy–sell agreement Leveraged recapitalization Dividend recapitalization Venture Angel investor Business incubator Post-money valuation Pre-money valuation Seed money Startup company Venture capital financing Venture debt Venture round Structure Private equity firms and funds Limited partnership Limited liability company Carried interest Management fee Publicly traded private equity Business Development Company Venture capital trust Private investment in public equity (PIPE) Pledge fund
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