Baird Capital Raises $215MM Venture Capital Fund V, Chicago Firm’s Largest To Date
Celebrates 20 years of early and expansion-stage investing in Healthcare, Technology
CHICAGO, March 31, 2020 – Baird Capital, the direct private investment arm of Baird, announced the final close of its fifth U.S. Venture Capital fund with a total of $215 million in committed capital, well exceeding its target and the size of its previous funds. The fund is anchored by a number of returning and new institutions, foundations and family offices, a significant achievement marking 20 years of Baird Capital's venture investing.
Baird Capital’s experienced investment team includes Michael Liang, Jim Pavlik, Benedict Rocchio, Nicole Walker, Joanna Arras and Amy Kobe.
"I am incredibly proud of this diverse and tenured team, and it’s a testament to their commitment and expertise that we exceeded our fundraising goal," said Gordon Pan, President of Baird Capital. 'For 20 years, we have been passionate about our focus on helping entrepreneurs build their businesses and creating value for our investors. We bring this 'clients-first' approach into every decision and investment we make, and we are grateful to our existing investors and the new relationships that we welcomed into this partnership."
Baird Capital's Venture team to date has invested $30 million from Fund V in four companies:
- AEGIS Energy Risk -The leading fintech and advisory solutions provider for energy derivatives.
- Cala Health -A bioelectronic medicine company developing wearable therapies for chronic disease.
- ChurnZero -A real-time Customer Success platform helping subscription businesses fight customer churn.
- Greenlight Biosciences -A bio-performance company with a unique, cell-free production platform delivering high-performing RNA solutions to human, plant and animal challenges.
For 20 years, Baird Capital's Venture team has partnered with entrepreneurs to build innovative, high-growth companies within the healthcare and technology sectors. The fund’s investments to date are examples of Baird Capital’s consistent strategic approach within the two industries.
Committing $10 million to $20 million in equity over the life of an investment, Baird Capital's Venture team looks to partner with companies with strong and experienced management teams, capital-efficient business models, and differentiated products or services that address market opportunities.
Baird Capital is the private direct investment arm of Baird, which celebrated 100 years of client service in 2019. For more information on Baird Capital's investment approach, team members, or portfolio, visit BairdCapital.com.
About Baird Capital
Baird Capital makes venture capital, growth equity and private equity investments in strategically targeted sectors around the world. Having invested in more than 300 companies over its history, Baird Capital partners with entrepreneurs and, leveraging its executive networks, strives to build exceptional companies. Baird Capital provides operational support to its portfolio companies through teams on the ground in the United States, Europe and Asia, a proactive portfolio operations team and a deep network of relationships, which together strive to deliver enhanced shareholder value. Baird Capital is the direct private investment arm of Robert W. Baird & Co. For more information, please visit BairdCapital.com.
For additional information, contact:
Baird Public Relations