Bonaventure Capital

Bonaventure Capital, LLC is a venture capital firm established in 1998 and based in Birmingham, Alabama. The firm specializes in investing in mid-stage to emerging growth businesses across various sectors, including internet services, financial services, energy services, and manufacturing. Primarily focused on the Southeastern United States, Bonaventure Capital typically makes investments ranging from $0.5 million to $1.5 million. It engages in minority investments in companies with revenues between $3 million and $20 million and EBITDA of up to $3 million, as well as control investments in firms with revenues between $5 million and $50 million and EBITDA between $1 million and $5 million. The firm partners with management teams to develop strategies aimed at achieving growth and aligned objectives.

Billy Reiser

Partner

William E. Reiser

CFA

11 past transactions

Conserv

Series A in 2022
Conserv, a software and sensors business, is changing the art conservation market with a conservation-focused platform that brings together all of the jobs conservation professionals do into a single place. Conserv's initial focus is on environmental monitoring, a non-optional conservation job, where they've developed the only wireless, conservation-focused monitoring system in the space.

Red Sea Farms

Series A in 2021
Red Sea Farms, located in Thuwal, Saudi Arabia, specializes in sustainable agriculture solutions tailored for saltwater and desert environments. The company provides a range of services, including technical advice, design, and project management, to enhance agricultural practices in these challenging climates. Red Sea Farms employs innovative, patent-pending technology that allows greenhouse and hydroponic farms to produce healthier and tastier crops while using significantly less water and energy. Their commitment to sustainability is reflected in their pesticide-free, organic produce, which not only meets high quality standards but also promotes environmental responsibility. Through their expertise, Red Sea Farms aims to improve agricultural efficiency and profitability in arid regions.

Second Nature

Series C in 2020
Second Nature is a consumer goods company that specializes in providing air filters. It offers a web-based platform that enables people to purchase online its services include shipping, installation, and maintenance that helps their client to improve their indoor air quality and protect the HVAC system. The company was founded in 2012 and headquartered in North Carolina, United States.

Rachio

Series B in 2018
Rachio, Inc. provides intelligent sprinkler controllers that enable users to water landscapes smartly. It also offers Iro, a WiFi-enabled device that turns sprinklers on and off remotely, and enables users to schedule irrigation automatically based on factors, such as water budgets, local weather, soil characteristics, and more. The company also offers control and dashboard options through a smartphone application. Rachio, Inc. was founded in 2013 and is based in Denver, Colorado.

Second Nature

Series B in 2017
Second Nature is a consumer goods company that specializes in providing air filters. It offers a web-based platform that enables people to purchase online its services include shipping, installation, and maintenance that helps their client to improve their indoor air quality and protect the HVAC system. The company was founded in 2012 and headquartered in North Carolina, United States.

Deep Fiber Solutions

Venture Round in 2017
Deep Fiber Solutions, Inc. specializes in converting coax networks to fiber optics, offering a range of turnkey services for both underground and aerial applications. These services include span qualification testing, potholing, temporary service fiber or coax cable installation, coax coring, fiber optic cable blowing, fiber optic cable splicing, and the installation of nodes and RFoG/GPON terminals. Founded in 2013 and headquartered in Roswell, Georgia, the company also operates in Deerfield Beach, Florida; Charlotte, North Carolina; and Oklahoma City, Oklahoma.

MemberSuite

Series A in 2015
MemberSuite is the premier software and services provider of association management software solutions for associations and nonprofits. It harnesses the power of the cloud to deliver enterprise systems that enables modern organizations to accomplish every activity they need to serve their constituents. With a unified platform, top of the line extensibility, and expert support, their association management software is the contemporary solution for organizations of all sizes. They combine enterprise functionality with the convenience of SaaS to deliver a modern solution that works. The company was founded in 2008 and is based in Atlanta, Georgia.

EnteGreat

Venture Round in 2013
Entegreat, Inc. provides operational excellence and manufacturing intelligence solutions to manufacturing customers through consulting and integration services, and specialized applications. The company offers enCONTEXTTM, a SaaS platform for manufacturing analytics. In addition, it provides manufacturing systems consulting and integration, ERP to manufacturing consulting practice, GE software consulting and integration practice, energy and water management enablement services, and industry focused consulting services. The company was founded in 2000 and is based in Vestavia Hills, Alabama.

Musicbank

Venture Round in 2000
Musicbank, www.musicbank.com, will provide on-demand access to and portability of consumers' personal music collections. musicbank will allow users to access, listen to and manage their personal music collections via the Web without having to upload the content. Financial backers include Atlas Venture, Bertelsmann Ventures, Bonaventure Investments Ltd and Universal Music Group. Prior to its fall 2000 launch, musicbank has secured licensing agreements with BMG Entertainment, Universal Music Group, Warner Music Group and Sony Music Entertainment, and an exclusive retail partnership with Virgin Megastores. Michael Downing and Pierce Ledbetter founded musicbank in 1999. The Company is based in San Francisco.

EXP

Venture Round in 2000
EXP is a civil operation firm that specializes in providing engineering, architecture, design, and consulting services for both built and natural environments. The company focuses on delivering innovative solutions that address the complex challenges faced by communities and industries. By integrating various disciplines, EXP aims to enhance infrastructure and environmental sustainability while ensuring the efficient use of resources. In addition to its primary services, EXP also offers an online platform that connects clients with expert advice, further expanding its reach and capabilities in the industry.

Redundant.net

Series A in 2000
Redundant.net is a revolution in the servicing of mission critical applications for your business. Founded in 1999, they are the internet industry's first Redundant Internet Service Provider (RISP) and service customers that already have a dedicated high speed (T1+) connection to the Internet. They are not a primary ISP and never will be. They are dedicated exclusively to providing a redundant connection and eliminating all single points of failure in your company's network architecture. When they say that they are eCommerce insurance, they mean that literally. With their Managed Service Provider product, you can pay a small premium monthly to have your network monitored by professionals whose sole focus is providing backup connectivity OR you can take your chances with the numerous points of failure in your Internet connection chain.