Future Back Ventures helps Bain alumni ‘build the companies of the future’
San Francisco, April 15, 2024 /PRNewswire/ — Future Back Ventures (FBV), a Bain & Company-backed venture fund focused on investing in early-growth startups founded or led by Bain alumni, has invested in the first five announced that it had completed its investment.
Founded in 2023, FBV provides early-stage capital and other resources to former Bain employees looking to start their own businesses. Head of Funds at FBV; Anne Scott Plantefounded his own company, then returned to Bain to lead FBV.
“We are enthusiastic and excited to support former Bainese as they begin their entrepreneurial journeys,” said Scott Plante. “One of the things that makes Bain a special place to work is the commitment we provide to our employees for their professional development and long-term career growth, no matter what path they choose. It’s a comprehensive level of support. FBV is an example of a service that lasts. Bain provides a commitment to our employees, whether during their tenure or beyond.”
FBV’s portfolio companies gain access to the company’s network of industry-leading experts, providing graduates with resources beyond traditional funding. One of his first investments in this fund was in Vendelux, his AI-enabled platform for event marketers used by companies around the world, including Fortune 500 companies. CEO of Vendelux, alex reynolds, co-founded the company in 2021 after an earlier stint as Bain AC. Reynolds said he was first exposed to the startup world when he worked at a startup during an internship at Bain.
“Looking back, my career at Bain has had a huge impact on me, which is a big reason why I wanted to work at FBV,” said Reynolds. “Now, as a founder of a startup, being able to leverage the relationships I have at Bain and remain part of the connective tissue of the company is invaluable, especially as Vendelux builds its foundation. “When you connect with Bane, good things happen.”
In addition to Vendelux, other FBV portfolio companies include Common Sense Privacy, Duckbill, HIVED, and Qube. Although FBV serves startups across all industries, three of its five portfolio companies are focused on artificial intelligence (AI). FBV joins a group of prominent venture capitalists including Forerunner Ventures, General Catalyst, Greycroft, and FirstMark Capital in some of these investments.
Bain alumni have been building successful companies for decades.More than 40 companies have achieved this goal. 1 billion dollars The valuation was founded by Bain alumni since the mid-1990s, according to the company. Companies founded by Bain alumni include BetterUp, Delhivery, Faire, Intuit, Net-a-Porter, Plaid, Riot Games, Xiaohongshu, and more.
“According to ondeck research, Bain produces more startup founders per capita than any other company, with 8% of former Bain employees starting their own ventures.” Miles Cook, Partner at Bain and Chairman of FBV. “While we are proud to support our graduates, we also invest in companies that are creating the future.”
If you want to learn more about FBV, you can also find out more about the foundation’s inaugural Bain Alumni Pitch Day, scheduled to take place on the 2nd. Wednesday, April 24thSan Francisco — Visit the foundation’s website here.
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About Bain & Company Future Back Ventures (FBV)
Bain & Company’s Future Back Ventures invests in promising early-stage companies led by Bain Alumni and provides portfolio companies with access to Bain’s best services through strategic consulting support, talent, community, tools and resources. provides access to
About Bain & Company
Bain & Company is a global consulting firm that helps the world’s most ambitious change makers define their future.
In 65 cities across 40 countries, we work with clients as one team with a shared ambition to achieve extraordinary results, outperform the competition and redefine industries. We complement our customized and integrated expertise with a vibrant ecosystem of digital innovators to deliver better, faster, and more lasting results.Our 10-year commitment to invest more than 1 billion dollars In our pro bono services, we bring our talent, expertise, and insight to organizations addressing today’s most pressing issues such as education, racial equity, social justice, economic development, and the environment. We received a Platinum rating from EcoVadis, the leading environmental, social and ethical performance assessment platform for global supply chains, ranking us in the top 1% of all companies. Since our founding in 1973, we have measured our success by the success of our clients and are proud to maintain the highest level of client advocacy in the industry.
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