Betaworks
QuietFiled to raiseNew York, NYLast fund filed December 2023Website
1 on a current fund
last 24 months
across filed funds
| Vehicle | Filed | Target | Sold to date | Investors |
|---|---|---|---|---|
| Betaworks Ventures 3.0 | December 2023 | $75M | $52M | 38 |
| Betaworks Ventures 2.0 | December 2019 | $55M | $8.8M | 16 |
| Betaworks Giphy One | April 2016 | $3.7M | $3.7M | 5 |
| Betaworks Ventures 1.0Filed to raise in 2016, with no closing reported yet. | 2016 | $75M | $0 | 0 |
Amounts are Item 13 as filed: the target is the whole offering, and the amount sold is cumulative across amendments rather than a final close. The filing carries no per-investor amount, so a firm’s own cheque is not recoverable here.
1 partner is named across this firm’s filings, 1 of them on a fund it is deploying now.
| Partner | Activity | Categories | Board seats | Last 24mo |
|---|---|---|---|---|
| John Borthwick | Quiet | Consumer apps & internet, AI & machine learning, Data & analytics | 8 |
Classified sectors of Betaworks’s own portfolio companies, based on 7 with a verified or cited source.
| Firm | Shared boards | Companies |
|---|---|---|
| BBG Ventures | 1 | Studios at Betaworks |
| Bullpen Capital | 1 | BETAWORKS STUDIO |
| DFJ Growth | 1 | Giphy |
| Lerer Hippeau | 1 |
| 0 |
Activity is filed board seats in the last 24 months: 4+ Active, 2–3 Selective, 1 Slowing, none Quiet. A firm's tier totals its partners, so an active firm may be four partners with one seat each. It undercounts partners who invest without taking a board seat, and filings lag a closing by weeks, so Quiet means the paperwork is quiet, not the person.
Not a filing value: this is Lev’s own classification of each company, one company one vote regardless of how many of Betaworks’s partners are named on its board, shown only when we found a specific, checkable source. Companies with no source read as unclassified and are left out of the shares above.
| BETAWORKS STUDIO |
| Lightspeed Venture Partners | 1 | Giphy |
| LocalGlobe | 1 | Chartbeat |
| RRE Ventures | 1 | BETAWORKS STUDIO |
| Threshold Ventures | 1 | Chartbeat |
A shared board seat: a company where filings name a Betaworks partner and a partner at the other firm, both with a clean identity match. Not a claim either firm led or co-led the round, only that both are named on the same board.