BHV said Thursday that it has changed its name to Scout Ventures. The change is effective immediately. According to the company, the rebranding “better reflects the firm’s values, mission and future.” Based in New York City, Scout Ventures is a venture capital firm that invests in early-stage companies.
NEW YORK, Aug. 8, 2013 /PRNewswire-iReach/ — BHV announced today that, effective immediately, it is changing its name to Scout Ventures, an identity that better reflects the firm’s values, mission, and future.
“Every day we are actively engaged in the technology, media, and entertainment industries, scouting for the next great entrepreneurs,” explained Brad Harrison, Founder and Managing Partner. “The new name more accurately reflects our core strength: identifying smart and scrappy founders who are creating disruptive, transformational technologies.”
Under the leadership of Mr. Harrison, the early-stage venture capital investment firm has evolved and grown over the past four years, building an all-star team and expanding its proprietary network.
Since its founding in 2009, Scout Ventures has invested in 35 companies in industries including advertising, social, ecommerce, services, content, infrastructure and mobile. Exits out of Scout Ventures’ first fund, BHV Entrepreneurship Fund, include BlackBook, SocialWeekend, and GateGuru. In March 2013, Scout Ventures launched its second fund, Scout Ventures Fund II. In conjunction with the rebrand, Scout Ventures launched a new website: ScoutVentures.com.
“Our target investment space has always been where companies impact consumers and their rapidly evolving tech-enhanced lifestyles. We remain focused on investing in early-stage companies and partnering with our founders to help build great businesses,” Mr. Harrison said. “Whether they need help with business development, marketing, recruiting or product development, we provide our entrepreneurs with the resources they need to succeed.”
About Scout Ventures:
Scout Ventures enables entrepreneurs to build great businesses by providing them the strategic support and capital necessary to grow and reach new markets.
Scout Ventures engages and utilizes its proprietary network to identify smart and scrappy entrepreneurs who are adapting to changing markets, disrupting established business models and creating products that matter.
Scout Ventures seeks entrepreneurs beginning at the seed stage, and complements them by taking an active role in business development, marketing, recruiting and product development. Leveraging its partners’ strategic expertise, and extensive media and technology industry connections, Scout Ventures provides its portfolio companies the resources they need to build great businesses.
For more information please visit ScoutVentures.com.