Betaworks

2007

Founded

210

Investments

United States

Offices

Venture Fund

Investor Type

About

Betaworks is a New York City-based startup studio and seed-stage venture capital firm founded in 2007 by John Borthwick. The firm specializes in building and investing in network-focused media businesses, operating with a hybrid model that combines elements of both a venture capital firm and a startup incubator. This approach has led to the creation and support of several notable companies, including Chartbeat, Bitly, and SocialFlow.

Betaworks has also invested in high-profile startups such as Tumblr, Airbnb, Groupon, and Twitter. In 2016, the firm sold its product Instapaper to Pinterest.

Portfolio Companies

Chartbeat, Bitly, SocialFlow, Tumblr, Airbnb, Groupon, Twitter, Instapaper, Giphy, Dots, Digg

Gepgraphic Focus

United States

Key Differentiators

Hybrid investor/builder model, Focus on network effects in media, Hands-on involvement in portfolio companies

Thypical Investment Size

$150,000-200,000

Total Funds Raised

$41.8 million

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Developer Tools

Software

EdTech

E-Commerce

Fashion

RetailTech

New York

Seed

Series A

Series B

United States