What is Betaworks?
Betaworks is a product-focused, seed-stage venture capital fund that has been actively collaborating with creators and makers since 2008. The firm specializes in building and working on innovative projects, with a particular emphasis on the technology sector. Beyond direct investment, Betaworks fosters community engagement and knowledge sharing through events and meetups, positioning itself as a key supporter for startups and entrepreneurs seeking both capital and strategic guidance for their ventures.
How much funding has Betaworks raised?
Betaworks has raised a total of $47.5M across 3 funding rounds:
Series A
$7.5M
Series B
$20M
Series C
$20M
Series A (2008): $7.5M with participation from White Star Capital and SV Angel
Series B (2010): $20M led by The New York Times Company, Joshua Stylman, SoftBank, Aol Ventures, Pilot Group, Founder Collective, Social Leverage, Intel Capital, and Draper Fisher Jurvetson (DFJ)
Series C (2013): $20M supported by Venture51, Digital Garage, and Draper Fisher Jurvetson (DFJ)
Key Investors in Betaworks
White Star Capital
White Star Capital is a global multi-stage technology investment platform that partners with exceptional entrepreneurs to build ambitious international businesses. With a presence in major cities like New York, London, and Singapore, the firm focuses on venture investing at the Series A and B stages, as well as in digital assets and blockchain-enabled companies.
SV Angel
SV Angel is a long-term investment firm dedicated to supporting founders in creating impactful businesses. They prioritize building strong partnerships by advocating for founders and providing essential resources, strategic insights, and a vast network to help companies scale.
Venture51
VENTURE51 offers a platform called Forge, designed for developers to manage their applications and server environments efficiently. The service includes features such as project installation, environment variable configuration, DNS record management, and SSL certificate support.
What's next for Betaworks?
The consistent and significant capital injections into Betaworks suggest a mature operational phase, likely focused on scaling its investment portfolio and expanding its influence within the tech ecosystem. The company's strategic approach, evident from its long-standing history and diverse funding rounds, indicates a forward-looking strategy aimed at identifying and nurturing emerging technologies and innovative business models. Future endeavors will likely involve further diversification of its investment thesis and potentially exploring new avenues for venture creation and support.
See full Betaworks company page
