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BBG Ventures is a venture capital firm established by Nisha Dua and Susan Lyne in 2014. It is part of the Verizon Media Group. The firm specializes in funding companies with female founders, during its early stage of financing. It prefers to fund companies that are developing internet and tech-based consumer-focused products and services.
The firm has raised two funds, with its most recent opened in 2019. BBG Ventures' first fund raised $10 million, with its most recent opened in August 2019. BBG Ventures' past investments have included companies that operated in the healthcare, beauty, hospitality, agriculture, and AR/VR industries. The firm is headquartered in New York City, United States. As of May 2020, BBG Ventures has made 93 investments and maintains its share of ownership in 52 companies. Its most recent investment was in March 2020 for Planet FWD's seed round, a company which is developing biodegradable food packaging.