BCVP Closes on $53M Fund

We are thrilled to announce that we've oversubscribed and closed Bull City Venture Partners Fund IV with $53 million in capital commitments.

Our vision for Fund IV is to mirror the proven strategies from our previous funds, but with greater impact and firepower. The new fund will allow us to invest more meaningfully in the best tech entrepreneurs across our regions and develop even stronger relationships with the founders operating at the forefront of their industries. Everything we do here at Bull City Venture Partners is centered around supporting founders and we are incredibly grateful for opportunity to continue our mission with greater scale.

Our new fund will continue to focus on:

  • Stage: Seed and Early

  • Geography: Mid-Atlantic and Southeastern US

  • Industries: Software & Internet

  • Check Size: $300K - $3M+

  • Teams: All types, regardless of pedigree, background, or creed

Read more about the fund announcement at TechCrunch, WRAL, GrepBeat, TBJ and Hypepotamus.

We have already announced four investments out of BCVP IV: Blueprint Title, LaunchNotes, Levitate and Tiny Earth Toys.

As always, feel free to reach out to us at any time.

Jason, David & Michael

ServiceTrade Receives $85 Million Growth Investment Led by JMI Equity

Durham, North Carolina — December 6, 2021 – ServiceTrade, the leading provider of software as a service (“SaaS”) applications for commercial service contractors, today announced that it has received an $85 million growth investment led by JMI Equity (“JMI”), a growth equity firm focused on investing in leading software companies. Existing investors Frontier Growth and Bull City Venture Partners also participated in the funding. With the additional capital, ServiceTrade will increase the pace of new product innovations to continue to meet the heightened demand from commercial service contractors.

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Circonus Raises $10M Series B Funding Led by Baird Capital

Circonus, the full-stack monitoring and analytics platform built for the modern-day enterprise, today announced it has secured $10 million in Series B funding led by Baird Capital with participation from existing investors NewSpring Capital, Osage Venture Partners, and Bull City Venture Partners. The new funding will be used to accelerate growth, scale product innovation, and build upon the company’s record-setting performance in 2021.

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Tiny Earth Toys Raises $1.5 Million Seed Round

Tiny Earth Toys has raised nearly $1.5 million to expand the e-commerce company’s product inventory of high-quality wooden children’s toys for kids up to five years of age, and hire the staff to fuel the company’s growth.

“Everybody has heard that there is a massive global supply chain crisis happening now that will impact the toy industry by driving up prices and reducing access to inventory,” said Rachael Classi, founder and CEO of Tiny Earth Toys, in an interview with WRAL TechWire.  “But we’re in a fantastic position to ensure families have quality, sustainable products in plenty of time for the holidays.”

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Spiffy Raises $22 Million Series B

The round was led by Tribeca Venture Partners, with participation from existing investors Bull City Venture Partners, Shell Ventures, Idea Fund Partners, Trog Hawley Capital, and Attinger. New investors include Goodyear Ventures, Private Access Network, Gaingels, and Flucas Ventures. The company will use its Series B funding to advance the geographic roll-out of new Spiffy markets, expand franchise territories, and introduce new service offerings including tires and repairs.

Since its launch in 2014, Spiffy has serviced over 891,000 vehicles nationwide and is currently delivering over 2,000 services daily across 36 markets. With a significant Series B investment, Spiffy plans to continue to establish itself as a premier mobile car care and maintenance provider in a United States automotive repair and maintenance services market projected to reach $250B by 2026, up over 24% from $201B in 20201. The company's geographic growth will be supported with a hybrid model that includes Spiffy-owned-and-operated locations and new franchise cities.

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ID Technologies Acquires Attila Security

Ashburn, VA, July 15, 2021 – ID Technologies LLC (“the company”), a mission-driven technology provider backed by The Acacia Group, announced today that it has acquired Attila Security, a leading developer of data security products with customers across the U.S. federal government. Attila Security will integrate with the company’s Archon secure solutions division, adding complementary product IP and technical capabilities, new customers and greater sales capacity to the Archon secure product portfolio. The addition of Attila will strengthen Archon’s position as a premier Commercial Solutions for Classified (CSfC) enterprise solution provider.

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