Bee Partners, a San Francisco, CA-based pre-seed venture capital firm, closed its third fund, at $43m.
LPs in Bee Partners III include family offices, university endowments and entrepreneurial high net worth individuals.
The fund will continue to follow the firm’s strategy of investing in entrepreneurs at pre-seed and seed stage, helping to refer reference customers, capital sources, strategic insights, leadership support and more. The firm seeks out founders with Deep Market Insights and is industry-agnostic.
The fund has already invested in seven companies. Have a look at the entire portfolio here.
Bee also promoted Tim Smith to Partner, who joined Michael Berolzheimer, Garret Goldberg, and Kira Noodleman.