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 $1m 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 service providers Arvato and Be Printers, the music rights company BMG and the e-learning provider Relias Learning. The company has more than 112,000 employees and generated revenues of €16.7 billion in financial year 2014. 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), services (Arvato) and printing (Be Printers) in some 50 countries.
RTL Group is Europe’s leading entertainment network, with holdings in 55 television channels and 27 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, Southeast Asia and India, as well as shares in Atresmedia in Spain. 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. RTL Group S.A. is listed on the stock exchanges in Frankfurt, Brussels and Luxembourg.
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 700 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 30 countries. Its most important company outside Germany is the second-largest magazine publisher in France, Prisma Média. Gruner + Jahr also publishes, distributes and/or sells magazines and other media offerings in China, Italy, the Netherlands, Austria, Poland, Spain, in the Adriatic region and Mexico with magazines, sales or marketing activities.
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 nearly 40 countries. Its wide range of services includes data management, customer services, customer relations services, supply chain management, digital distribution, financial services, professional and customized IT services, and all services related to the creation and distribution of printed materials and digital storage media.
Be Printers – A Strong Provider of Print and Communications Services
The international printing group Be Printers covers the entire technical spectrum of the printing industry with gravure, web and sheet-fed offset printing as well as digital printing. Be Printers has operations in the core markets of Europe (Prinovis Germany and Britain, Italy, Spain) and the Americas (the U.S. and Colombia). Plants at 14 production sites produce magazines, catalogs, brochures, books, and calendars for their customers.