BVP focuses on technology-enabled business and healthcare services. Their portfolio includes TrueAdvantage (on-demand lead generation), SnagAJob.com (hourly-worker recruitment site), Payroll Associates (small business payroll), Encover (outsourced service sales), Pinstripe (recruitment outsourcing), Austin Logistics (decisioning and analytics for financial services companies), HireRight (background checking). They fund early to growth-stage companies with an emphasis on 1) outsourced services, 2) financial services and 3) information services.
Devin joined BVP after five years with Boston-based Great Hill Partners where he invested in financial and information services companies. Prior to that he was with William Blair Capital Partners investing WBCP V. Jim Pavlik joined BVP following business school at Kellogg and was previously with Madison Dearborn Partners.
Dimensions: 20 portfolio companies x 6 years x $100 million
Target Sectors: technology-enabled services, medical devices
Target stage/size: Early-to-growth stage, need to see traction in customers, revenue or proof that customers want it. $1MM-$7MM
Location: Chicago [Loop] + www.bairdventurepartners.com
