{{short description| American venture capital firm}} {{Use mdy dates|date=November 2024}} {{Infobox company | name = B Capital Group Management, L.P. | logo = B Capital.svg | type = Private | industry = Venture capital | predecessor = | founded = {{start date and age|2015}} | location = Manhattan Beach, Los Angeles County, California, U.S. | founders = {{Unbulleted list|Eduardo Saverin|Raj Ganguly}} | key_people = Howard L. Morgan (Chairman) | aum = {{US$|9.0 billion|link=yes}} (2026) | num_employees = 250+ (2026) | website = {{ubl|{{URL|b.capital}}}} | footnotes = <ref name="ADV">{{cite web |title=Form ADV |url=https://reports.adviserinfo.sec.gov/reports/ADV/287986/PDF/287986.pdf |website=SEC |access-date=November 30, 2024 |archive-date=December 4, 2024 |archive-url=https://web.archive.org/web/20241204003710/https://reports.adviserinfo.sec.gov/reports/ADV/287986/PDF/287986.pdf |url-status=live }}</ref> }}
'''B Capital''' is an American venture capital firm, headquartered in Manhattan Beach, California. The firm has a strategic partnership with the Boston Consulting Group (BCG).
Outside the United States, B Capital has offices in Doha, Hong Kong and Singapore.<ref>{{Cite news |title=Contact - B Capital |url=https://b.capital/contact/ |access-date=2026-05-05 |work=B Capital |language=en-US}}</ref>
== History == B Capital was founded in 2015 by Facebook co-founder Eduardo Saverin and Raj Ganguly. Saverin had worked with Ganguly since 2012 where they met in Singapore due to mutual acquaintances from Harvard University. From inception, the firm took a multinational approach to investing rather than starting locally. While Ganguly oversaw more of the day-to-day management, Saverin focused on investments especially those in Southeast Asia and India.<ref name=":0"/>
B Capital partnered with BCG which allowed its portfolio companies access to BCG's advice and clients. BCG as a passive investor in B Capital would only provide consulting advice when founders ask.<ref name=":0">{{Cite web |last=Konrad |first=Alex |date=May 19, 2019 |title=Life After Facebook: The Untold Story Of Billionaire Eduardo Saverin's Highly Networked Venture Firm |url=https://www.forbes.com/sites/alexkonrad/2019/03/19/life-after-facebook--the-untold-story-of-billionaire-eduardo-saverins-highly-networked-venture-firm/ |access-date=November 30, 2024 |website=Forbes |language=en |archive-date=March 4, 2020 |archive-url=https://web.archive.org/web/20200304103101/https://www.forbes.com/sites/alexkonrad/2019/03/19/life-after-facebook--the-untold-story-of-billionaire-eduardo-saverins-highly-networked-venture-firm/ |url-status=live }}</ref>
In May 2016, B Capital raised more than $143.6 million in its first fund, after having already invested in Ninja Van and Evidation Health.<ref>{{Cite web |last=Purnell |first=Newley |date=May 19, 2016 |title=Facebook Co-Founder Saverin's Venture-Capital Firm Raises $143.6 Million |url=https://www.wsj.com/articles/facebook-co-founders-venture-capital-firm-raises-143-6-million-1463666733?mod=rss_Technology |website=Wall Street Journal}}</ref>
In 2017, First Round Capital co-founder Howard L. Morgan came out of retirement to become chairman of B Capital.<ref name=":0" />
In April 2021, B Capital expanded its investment scope into China and hired a former SoftBank Vision Fund partner to lead its China team, despite the Chinese government launching a regulatory campaign on technology companies.<ref>{{Cite news |last=Lee |first=Yoolim |date=March 31, 2021 |title=Saverin's Venture Firm Enters China With Ex-SoftBank Partner |url=https://www.bloomberg.com/news/articles/2021-03-31/saverin-s-venture-firm-enters-china-with-former-softbank-partner |access-date=November 30, 2024 |work=Bloomberg News |language=en |archive-date=September 2, 2022 |archive-url=https://web.archive.org/web/20220902233955/https://www.bloomberg.com/news/articles/2021-03-31/saverin-s-venture-firm-enters-china-with-former-softbank-partner |url-status=live }}</ref>
In July 2022, B Capital raised $250 million for its first early-stage venture fund, Ascent Fund. Prior to that B Capital had allocated most of its capital toward later-stage companies.<ref>{{Cite news |last=Ellen |first=Huet |date=July 19, 2022 |title=Eduardo Saverin's B Capital Raises Its First Early-Stage VC Fund |url=https://www.bloomberg.com/news/articles/2022-07-19/eduardo-saverin-s-b-capital-raises-first-early-stage-vc-fund |access-date=November 30, 2024 |work=Bloomberg News |language=en}}</ref>
In March 2023, B Capital had raised $500 million for its first healthcare-only fund.<ref>{{Cite web |last=Gormley |first=Brian |date=March 1, 2023 |title=Venture Investor B Capital Raises First Healthcare Fund |url=https://www.wsj.com/articles/venture-investor-b-capital-raises-first-healthcare-fund-589bd57c |website=Wall Street Journal |access-date=November 30, 2024 |archive-date=May 8, 2023 |archive-url=https://web.archive.org/web/20230508192937/https://www.wsj.com/articles/venture-investor-b-capital-raises-first-healthcare-fund-589bd57c |url-status=live }}</ref> In March 2024, B Capital raised $750 million to fund and invest in late stage startups.<ref>{{Cite web |last=Rosendar |first=Yessar |title=Billionaire Eduardo Saverin’s B Capital Raises $750 Million To Fund Late Stage Startups |url=https://www.forbes.com/sites/yessarrosendar/2024/03/20/billionaire-eduardo-saverins-b-capital-raises-750-million-to-fund-late-stage-startups/}}</ref>
As of 2026, the firm has invested $60 million in three startups: industrial robot developer Eureka Robotics, Ninja Van and automation software developer MoEngage.<ref>{{Cite web|url=https://www.forbes.com/sites/johnkang/2026/05/27/meet-the-fintech-founders-and-investors-of-the-30-under-30-asia-2026-list/|title=Meet The Fintech Founders And Investors Of The 30 Under 30 Asia 2026 List|last=Kang|first=John|date=27 May 2026|website=Forbes}}</ref>
== See also == * Boston Consulting Group * Eduardo Saverin
==References== {{reflist}}
==External links== * {{official website|http://www.b.capital}}
{{Private equity and venture capital}} {{authority control}} Category:Boston Consulting Group Category:Financial services companies established in 2015 Category:Companies based in Los Angeles County, California Category:Venture capital firms of the United States Category:Venture capital firms based in California