BDMI
BDMI is a New York-based venture capital firm that specializes in early-stage investments in innovative digital media technologies, products, and distribution channels across North America, Europe, and Israel. Primarily focusing on Series A and B investments, BDMI also operates a seed fund that encompasses approximately 20 companies. The firm typically invests between $500,000 and $3 million in startups, aiming to accelerate growth through both financial support and management resources. BDMI leverages its close connection to Bertelsmann, an international media company with consolidated revenues exceeding $25 billion, which operates across various sectors including television, book publishing, magazine publishing, music, and media services. This relationship enables BDMI to not only provide capital but also to support startups through an extensive network of contacts within Bertelsmann and the broader media landscape.
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Past deals in Newspaper
The Athletic
Series C in 2018
The Athletic is an online media company founded in 2015 and headquartered in San Francisco, California. It operates a subscription-based platform dedicated to providing in-depth coverage of sports news, focusing on both local and national events. The service features a wide array of articles about various sports, including basketball and football, delivered by skilled journalists. The Athletic distinguishes itself by offering an ad-free experience, allowing subscribers to access authentic sports content without distractions such as pop-ups or auto-play videos. Through its comprehensive reporting and updates, the company aims to engage sports enthusiasts seeking detailed insights into their favorite teams and athletes.
The Athletic
Series B in 2018
The Athletic is an online media company founded in 2015 and headquartered in San Francisco, California. It operates a subscription-based platform dedicated to providing in-depth coverage of sports news, focusing on both local and national events. The service features a wide array of articles about various sports, including basketball and football, delivered by skilled journalists. The Athletic distinguishes itself by offering an ad-free experience, allowing subscribers to access authentic sports content without distractions such as pop-ups or auto-play videos. Through its comprehensive reporting and updates, the company aims to engage sports enthusiasts seeking detailed insights into their favorite teams and athletes.
The Athletic
Series A in 2017
The Athletic is an online media company founded in 2015 and headquartered in San Francisco, California. It operates a subscription-based platform dedicated to providing in-depth coverage of sports news, focusing on both local and national events. The service features a wide array of articles about various sports, including basketball and football, delivered by skilled journalists. The Athletic distinguishes itself by offering an ad-free experience, allowing subscribers to access authentic sports content without distractions such as pop-ups or auto-play videos. Through its comprehensive reporting and updates, the company aims to engage sports enthusiasts seeking detailed insights into their favorite teams and athletes.
The Athletic
Seed Round in 2017
The Athletic is an online media company founded in 2015 and headquartered in San Francisco, California. It operates a subscription-based platform dedicated to providing in-depth coverage of sports news, focusing on both local and national events. The service features a wide array of articles about various sports, including basketball and football, delivered by skilled journalists. The Athletic distinguishes itself by offering an ad-free experience, allowing subscribers to access authentic sports content without distractions such as pop-ups or auto-play videos. Through its comprehensive reporting and updates, the company aims to engage sports enthusiasts seeking detailed insights into their favorite teams and athletes.
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