About Bay Partners
Bay Partners is a venture capital firm founded in 1976. It is primarily based out of Menlo Park, United States. As of Oct 2021, Bay Partners has invested in 126 companies. It primarily invests in Series B round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Enterprise Infrastructure and High Tech. Most recently it led the $13M Series B round of Covestor along with Union Square Ventures. This round also saw participation from Spark Capital and other investors.
Overall, Bay Partners portfolio has seen 1 unicorn, 9 IPOs and 67 acquisitions including key companies like Lending Club, Enphase Energy and Cornerstone. A lot of funds co-invest with Bay Partners, with names like Foundation Capital sharing a substantial percentage of its portfolio.
Bay Partners has team of 5 people including 1 partners.
Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Series B &
Portfolio IPOs
Portfolio Acquisitions
Portfolio Unicorns
Bay Partners' Year-on-Year Investment Trends
Bay Partners has invested in 126 companies over the last 26 years, with an average of 0 new investment annually in the last 10 years. Its most recent first time investment was in Coconut Software and most recent follow-on round was in Coconut Software.

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Bay Partners' Investment Trends by Stage
Bay Partners has made 28 investments in Series A stage with an average round size of $9.61M, 25 investments in Series B stage with an average round size of $19M and 7 investments in Series C stage with an average round size of $18.9M.Note: We have considered here, only first round of investments
Stage of entry | No. of Investments |
---|---|
Series A | 28 |
Series B | 25 |
Series C | 7 |
Series D | 3 |
Seed | 2 |
Others | 3 |
Bay Partners' Investment Trends by Sector
Bay Partners has a diverse portfolio, with companies operating in the Enterprise Applications, Enterprise Infrastructure, Semiconductors, High Tech and FinTech. Notably, it has invested in 80 Enterprise (B2B) companies, 79 Tech companies, 28 Software companies and at least 25 companies focusing on Consumer (B2C).
Note: We have considered here, only first round of investments
Sector | No. of Investments |
---|---|
Enterprise Applications | 22 |
Enterprise Infrastructure | 15 |
Semiconductors | 11 |
High Tech | 9 |
FinTech | 7 |
Others | 41 |
Bay Partners' Investment Trends by Geography
Bay Partners has made most investments in United States (83), followed by Canada where it has made 3 investments.
Note: We have considered here, only first round of investments
Country | No. of Investments |
---|---|
United States | 59 |
United Kingdom | 3 |
Canada | 1 |
China | 1 |
India | 1 |
Others | 2 |
Bay Partners' recent investments
Here are the most recent investments by Bay Partners:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
---|---|---|---|---|---|
Oct 05, 2021 | Canada | Series B | $22.2M | ScaleUP Ventures [+3] | |
Nov 26, 2019 | Canada | Series A | $4.89M | SaskWorks [+5] | |
Nov 07, 2017 | Canada | Series A | $3.29M | ||
May 13, 2015 | United States | Series G | $128M | Cisco Investments [+11] | |
May 30, 2014 | United States | Series E | $60.1M | [+7] |
Unicorns in Bay Partners' Portfolio
Here is a list of unicorns in Bay Partners' portfolio:
ÃØÃÜÑо¿Ëù Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
---|---|---|---|---|---|---|---|
62 | Cloud based API management platform | 2006 | San Francisco | Series G | rsqgrbu |
IPOs and Publicly Listed companies in Bay Partners' Portfolio
Here are Bay Partners' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
---|---|---|---|---|
Sep 16, 2021 | - | - | - | |
Aug 02, 2019 | Aug 06, 2008 | Series B | $12.9M | |
Jul 26, 2019 | Oct 06, 2006 | Series B | $35M | |
Feb 12, 2018 | - | - | - | |
Dec 11, 2014 | - | - | - |
Acquired companies in Bay Partners' Portfolio
Here are Bay Partners' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
---|---|---|---|---|
Nov 01, 2023 | - | - | - | |
Nov 06, 2021 | Jun 18, 2002 | Series A | $35M | |
Aug 05, 2021 | Sep 17, 2007 | Series D | $32M | |
Mar 04, 2021 | - | - | - | |
Jan 07, 2020 | Jul 10, 2007 | Series A | $2.3M |
Team profile of Bay Partners
Bay Partners has a team of 5 membersÌýlocated in United States. Bay Partners' team does not sit on the board of any company as of now.Co-investors of Bay Partners
Over the past 26 years, 326 investors have co-invested in Bay Partners's portfolio companies.
- Invested before Bay Partners:ÌýLightspeed Venture Partners, Morgenthaler and 29 others have invested in rounds before Bay Partners. There are 2 companies where Lightspeed Venture Partners has invested before Bay Partners and 2 companies where Morgenthaler has invested before Bay Partners.
- Top Co-investors of Bay Partners:Ìý137 investors entered a company along with Bay Partners. These include investors like Foundation Capital (4 companies).
- Invested after Bay Partners:ÌýA total of 158 investors have invested in Bay Partners's portfolio after their investments. Top Investors include IVP (4 companies), Meritech (2 companies) and Salesforce Ventures (2 companies).

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Recent News related to Bay Partners
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GlobeNewswire•Oct 05, 2021•Coconut Software, Klass Capital, Information Venture Partners, ScaleUP Ventures and 3 others
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Coconut Software•Oct 05, 2021•Coconut Software, Klass Capital, Information Venture Partners, ScaleUP Ventures and 3 others
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Los Angeles Business Journal•Jul 20, 2020•, Bay Partners
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BetaKit•Nov 27, 2019•Coconut Software, Conexus Credit Union, SaskWorks, Information Venture Partners and 3 others
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BetaKit•Apr 23, 2019•Coconut Software, Canadian Imperial Bank of Commerce, Information Venture Partners, StandUp Ventures and 3 others
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PR Newswire•Nov 07, 2017•, Information Venture Partners, ScaleUP Ventures, PIC Investment Group and 2 others
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