BVP Forge has secured $1 billion in capital commitments for its second fund, marking a significant expansion of the firm’s private equity platform and signaling continued investor confidence in its model of supporting growth-oriented, self-sustaining technology and services companies. The fund, named Forge II, was oversubscribed and closed in 4 months, bringing BVP Forge’s total assets under management to $2.3 billion.
Founded four years ago, BVP Forge focuses on growth buyout and significant minority investments in companies generating between $10 million and $50 million in revenue. Its first fund totaled $780 million and has built a portfolio of nine companies to date. The firm’s approach combines dedicated private equity operational capabilities with direct access to Bessemer Venture Partners’ global venture resources, providing management teams with specialized operational support and insights from its extensive early-stage investing platform.
Central to BVP Forge’s model is its ForgeEdge program, which works closely with leadership teams to enhance systems, processes, and talent development across engineering, go-to-market, and other core business functions. Through Bessemer’s global platform, portfolio companies also gain exposure to emerging AI innovations that can be applied across product development and operational workflows.
With Forge II, BVP Forge plans to further expand its capabilities by adding new talent, strengthening the ForgeEdge platform, and extending its investment roadmaps across the technology and services sectors. The firm remains committed to serving as the preferred private equity partner for self-sustaining businesses seeking both operational support and access to Bessemer’s industry expertise.
KEY QUOTES
“The demand for Forge II reflects conviction in our strategy and is a testament to the strength of the platform. We’re grateful for the support and confidence we received from our new and returning limited partners.”
Rob Arditi, Partner, BVP Forge
“BVP Forge is a differentiated business-building partner for successful, self-sustaining companies. It delivers bespoke operational resources through ForgeEdge™ and access to the early stage technology insights and resources of the Bessemer platform—filling a critical gap for management teams seeking a private equity partner. With Forge II, we’re excited to bring our approach to even more companies as we expand deeper into the sectors in which we invest.”
Navid Oreizy, Partner, BVP Forge
