Bullpen Capital is an early-stage venture capital fund that invests post-seed capital into companies that have achieved product-market fit but are overlooked by other investors. Founded in 2010 and based in San Francisco, the firm has funded 100+ companies across consumer, gaming, enterprise software, healthcare, and other sectors.
Deal activity increased 600% year-over-year (7 deals in the last 12 months). Average disclosed round size is $19.4M (across 118 rounds with reported amounts).
Portfolio
89
Fund Size
$145M
Top Stage
Series A
Last 12 Mo
7
Team
Richard Melmon
Emeritus Partner, Co-Founder
Samantha Cooper
Director of Operations
Alex Loomes
Principal
Candace Chan
CFO
Rick Santos
CFO-in-Residence
TJ Hurst
Marketing & Operations
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
130 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| EEdge Markets | Series A | $29.2M | Jun 2026 |
 EDGE Markets | Series A | $29.2M | Jun 2026 |
 EDGE Markets | Series A | $29.2M | Jun 2026 |
 Edge | Series A | $29.2M | Jun 2026 |
 Edge | Series A | $29.2M | Jun 2026 |
 Edge | Series A | $29.2M | Jun 2026 |
 BetHog | Series A | $10M | Jan 2026 |
 Seneca | Series B | $60M | Oct 2025 |
 Jolly | Series A | $16.5M | Mar 2025 |
 Ciphero | Pre-Seed | $2.5M | Jan 2025 |
| AALLCITY Network | Series B | $25M | Aug 2024 |
 CruxOCM | Series A | — | Aug 2024 |
 Hemster | Seed | $3.5M | Jan 2024 |
 Hype | Series A | $10M | Apr 2023 |
 Fanimal | Seed | $4M | May 2022 |
 FAMA | Series B | $10M | Feb 2022 |
 Atrium | Series A | $20M | Jan 2022 |
 Atriumhq | Series A | $20M | Jan 2022 |
| RRei do Pitaco (RDP) | Series A | — | Jan 2022 |
 Roofr | Series A | $12M | Jan 2022 |
 Brightside | Series B | $50M | Jan 2022 |
 AvantStay | Series B | $160M | Dec 2021 |
 Ocrolus | Series C | $80M | Sep 2021 |
 HomeLight | Series D | $100M | Sep 2021 |
 Hologram | Series B | $65M | Aug 2021 |
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Top Co-Investors
Bullnet Capital14 shared
Y Combinator12 shared
First Round Capital12 shared
StepStone Group10 shared
500 Global10 shared
Western Technology Investment9 shared
Techstars9 shared
Bessemer Venture Partners9 shared
NextView Ventures8 shared
Bonfire Ventures8 shared
Gaingels8 shared
Floodgate Fund8 shared
Mantis VC7 shared
Indicator Ventures7 shared
ValueStream Ventures6 shared
Crosslink Capital6 shared
CoinFund6 shared
Blumberg Capital5 shared
Golden Ventures5 shared
Chicago Ventures5 shared
Last updated: 20 October 2026