· investment-strategies · 1 min read
NYC VC Fund Launch: Bloomberg Beta Closes $75M Fund V for Future-of-Work AI
Bloomberg Beta closed its fifth $75 million fund on June 10, 2025, maintaining day-zero future-of-work investing from New York and San Francisco offices.
Bloomberg Beta closed Fund V at $75 million on June 10, 2025 — deliberately holding fund size steady while total AUM reached $450 million.
Key facts
- Firm: Bloomberg Beta
- Date announced: June 10, 2025
- Fund size: $75 million (Fund V)
- Total AUM: $450M
- Focus: Day-zero, future of work, AI/machine intelligence
- Stage: Pre-seed and seed
- Offices: New York + San Francisco
- GPs: Roy Bahat, Karin Klein, James Cham
- Sole LP: Bloomberg LP
2025 exit activity
CoreWeave acquired Weights & Biases ($1.7B) — Bloomberg Beta backed W&B at $5M Series A. Four exits closed or lined up in 2025.
Why this matters
Fewer than 5% of VC firms reach a fifth fund without expanding AUM. Bloomberg Beta’s discipline — same $75M size, same early check sizes — makes it a reference point for NYC/SF founders seeking patient, founder-first capital without fund-size creep.
Sources
- Global Venturing (June 10, 2025): https://globalventuring.com/corporate/fundraising/bloomber-beta-75m-fifth-fund/
- Newcomer.co: https://www.newcomer.co/p/my-conversation-with-roy-bahat-as
- TBPN Digest: https://www.tbpndigest.com/story/2025-06-10/bloomberg-beta-closes-75m-fund-5-staying-focused-on-day-zero-future-of-work-investing