Established in 2006, with over $180 million under management, BDMI makes early stage investments into innovative companies in the digital media landscape.
Drawing upon the global media reach of parent company Bertelsmann, BDMI is a financially-driven corporate venture investor that brings a wealth of experience and opportunities to emerging companies. BDMI provides not only capital, but also brings access to a worldwide collection of diverse businesses within Bertelsmann and via our broader network of media industry connections. Our goal is to partner with companies that can benefit from our media expertise and global perspective.
BDMI invests out of two funds: a seed fund and a traditional early stage fund. For the seed fund, we typically prefer to see a product or service that is live in the marketplace with some initial data points that demonstrate early signs of product-market fit. We don’t usually lead seed stage investments, but prefer to join a syndicate with a lead already in place.
In BDMI’s main fund, we typically pursue Series A and Series B rounds with an initial investment of $500k to $5m plus reserves for follow-ons. We are comfortable leading an investment, co-leading or joining a syndicate with other strategic or financial investors. Depending upon the size of our investment, we usually hold voting board seats or observer seats. We invest in companies based in North America, Europe and Israel.
Bertelsmann is a media, services and education company that operates in about 50 countries around the world. It includes the broadcaster RTL Group, the trade book publisher Penguin Random House, the magazine publisher Gruner + Jahr, the music company BMG, the service provider Arvato, the Bertelsmann Printing Group, the Bertelsmann Education Group, and Bertelsmann Investments, an international network of funds. The company has 117,000 employees and generated revenues of €17.1 billion in the 2015 financial year. Bertelsmann stands for creativity and entrepreneurship. This combination promotes the creation of first-class media content and innovative service solutions that inspire customers around the world.
Bertelsmann is an international media company whose core divisions encompass television (RTL Group), book publishing (Penguin Random House), magazine publishing (Gruner + Jahr), music (BMG), services (Arvato), printing (Bertelsmann Printing Group), education (Bertelsmann Education Group) and global investing (Bertelsmann Investments) in about 50 countries.
RTL Group is Europe’s leading entertainment network, with holdings in 60 television channels and 31 radio stations, as well as production companies around the world. The television portfolio of Europe's largest broadcaster includes RTL Television in Germany, M6 in France, RTL channels in the Netherlands, Belgium, Luxembourg, Croatia, Hungary, Antena 3 in Spain and channels in Southeast Asia. In addition, with its Fremantle Media subsidiary, RTL Group is one of the largest international companies outside the United States in the areas of production, licensing and distribution of television content. Combining the Catch-up TV services of its broadcasters and the multi-channel networks BroadbandTV, Stylehaul and Divimove, as well as more than 230 Youtube channels, RTL Group has become the leading European media company in online video.
The world's largest trade book publishing group Random House is comprised of nearly 250 editorially independent imprints. The publishing group is represented in 15 countries with historic names such as Doubleday and Alfred A. Knopf (U.S.), Ebury and Transworld (U.K.), Plaza & Janés (Spain), Sudamericana (Argentina). Every year Random House publishes about 10,000 new titles and sells more than 800 million books, audiobooks and e-books worldwide.
The printing and publishing company Gruner + Jahr has approximately 500 media activities, magazines and digital offerings in over 20 countries. G+J publishes a wide variety of titles, including Stern, Brigitte, Geo, Capital, Gala, Eltern, Essen & Trinken, National Geographic and P.M. group's titles. Its most important company outside Germany is the second-largest magazine publisher in France, Prisma Média. With nondomestic sales accounting for 45 percent of the group's overall sales, Gruner + Jahr is one of the most international publishers in the world.
BMG – New Model Music Company for Songwriters and Artists in the Digital Age
As BMG is the world's fourth biggest music publisher and the first new global player in the recordings business in decades. BMG's offices across eleven core music markets now represent 2.5 million songs and recordings, including the catalogs of Chrysalis, Bug, Virgin, Mute, Sanctuary, Primary Wave and Talpa Music, as well as literally thousands of artists and songwriters.
Arvato – One-Stop Everything
As a global provider of business process outsourcing (BPO) services, Arvato supports business/B2B clients across a wide range of industries in maintaining successful customer relations by designing and delivering customized/bespoke solutions in more than 40 countries. Its wide range of services includes data management, customer services, customer relations services, supply chain management, digital distribution, financial services as well as professional and customized IT services.
Bertelsmann Printing Group – A Printing Powerhouse
The Bertelsmann Printing Group covers the entire technical spectrum of modern printing. In addtion to high-volume illustration and book printing (gravure and offset printing), the plants also offer digital printing of customizable products. They produce magazines, catalogs, brochures, books and packaging of the highest quality for their customers.
Bertelsmann Education Group – Shaping Learning in the 21st Century
The Bertelsmann Education Group focuses its investments on two fast-growing areas of e-learning (healthcare and technology) and online services for educational institutions. US education providers Relias Learning and Udacity, as well as education services provider HotChalk are the center of the education activities.
Bertelsmann Investments – International Investment Platforms
Bertelsmann Investments bundles Bertelsmann's holdings in startups around the world. Its activities are focused on the strategic growth regions of Brazil, China, and India, as well as the U.S. and Europe. Holdings are acquired via the international investment platforms Bertelsmann Asia Investments (BAI), Bertelsmann India Investments (BII), Bertelsmann Brazil Investments (BBI) and Bertelsmann Digital Media Investments (BDMI).
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