Blackstone Accelerates Growth
Signal active
Investment Firm
Overview
Blackstone Accelerates Growth (BxG) creates jobs and economic development through entrepreneurship and growth. They work with their partners to create statewide programs with coordinated, focused activities to accelerate companies, connections, and the next generation of Maine entrepreneurs. They operate as part of the Blackstone Charitable Foundation, a $50 million Entrepreneurship Initiative to support innovative programs that drive job creation.
Highlights
Founded
2012
Industry
Financial Services
Employees
1-10
Investment
4
Lead Investment
3
Exits
undefined
Stages
Late Stage Venture, Early Stage Venture
Investor Type
Accelerator, Private Equity Firm
Location
United States, North America
Contact Information
Social
Profile Resume
Blackstone Accelerates Growth, established in 2012 and headquartered in United States, North America., specializes in Late Stage Venture, Early Stage Venture investments across Cloud Computing, Software, Biotechnology, Medical, Bioinformatics, Financial Services, Venture Capital, Finance, Service Industry, Funding Platform. Their recent investments include DNAnexus, Google Ventures, Foresite Capital, Perceptive Advisors, Innovatus Capital Partners. The highest investment round they participated in was $136.0B. Among their most notable exits are DNAnexus and Google Ventures. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.
Employees
N/A
Investment portfolio
Blackstone Accelerates Growth has made 4 investments. Their most recent investment was on Mar 08, 2022, when DNAnexus raised $200.0M.
Blackstone Accelerates Growth has made 1 diversity investments. Their most recent diversity investment was on Oct 26, 2021, when Medable raised $304.0M.
investments
4
Diversity investments
1
Lead investments
3
Number of exits
undefined
Investments
4
| Annouced Date | Organization Name | Industry | Money Raised |
|---|---|---|---|
| Jul 01, 2021 | Articulate | Software | 1500.0M |
| Oct 26, 2021 | Medable | Messaging | 304.0M |
| Feb 15, 2022 | Cloudinary | Information Technology | 100.0M |
| Mar 08, 2022 | DNAnexus | Cloud Computing | 200.0M |
Exits
0
Funding Timeline
Funding rounds
4
Investors
0
Funds
0
Funding Rounds
4
Blackstone Accelerates Growth has raised 4 rounds. Their latest funding was raised on Mar 08, 2022 from a Series H - DNAnexus round.
| Annouced Date | Transaction Name | Number of Investors | Money Raised | Lead Investor |
|---|---|---|---|---|
| Jul 01, 2021 | Series A - Articulate | - | 1500.0M | - |
| Oct 26, 2021 | Series D - Medable | - | 304.0M | - |
| Feb 15, 2022 | Secondary Market - Cloudinary | - | 100.0M | - |
| Mar 08, 2022 | Series H - DNAnexus | - | 200.0M | - |
Investors
0
There is no funding round available on this profile
Fund raised
2
Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.
| Annouced Date | Fund Name | Money Raised |
|---|---|---|
| May 10, 2013 | OTPPLESS | 1.0M |
| May 11, 2013 | OTPPLESS | 1.0M |
Invest in industries
Recent Activity
There is no recent news or activity for this profile.