Bonfire Ventures 🔥

🚨CalmWave, is on the hunt for a talented Data Scientist to join their mission-driven team. 🚨 What’s CalmWave all about? They’re addressing one of healthcare’s most critical challenges—reducing alarm fatigue for clinicians and optimizing workflows using cutting-edge, AI-powered solutions. Why This Role is Exciting: 🤖 Build and deploy machine learning models that have a real-world impact 📊 Collaborate with a world-class, passionate team in a dynamic startup environment 💻 Work with cutting-edge AI to solve meaningful challenges Learn more and apply here: https://lnkd.in/gE2B_VjM

Looking for Account Executives in SF! 🚀 Truss Payments, a YC-backed fintech startup, is hiring! They’re simplifying the way construction businesses handle financial operations with an all-in-one platform for banking, payment automation, and workflow management. Truss is looking for motivated and enthusiastic founding Account Executives to join their fast-growing team. This is an incredible opportunity to dive into sales, own the full sales cycle, and make a real impact in a supportive, fast-paced environment. If you’re an excellent communicator, love problem-solving, and thrive on achieving ambitious goals, they’d love to hear from you! 📩 Reach out to learn more or apply directly.

Location matters. That’s the key takeaway in the LA Times’ latest piece on the venture ecosystem here in SoCal, and I couldn’t agree more. Bonfire Ventures 🔥 very own Jim Andelman weighed in, sharing how LA’s tightly-knit community of investors creates something truly unique. When Bonfire launched, our focus was on Southern California because there was (and still is) a ton of untapped potential here. We were driven by the belief that proximity allows for deeper relationships and more meaningful impact—something that has always been core to how we work with founders. As Jim shared in the article, “It’s easier to get together with [local companies] and refer them to resources that are helpful to them.” This perfectly sums up one of the best things about the venture ecosystem in LA: its spirit of collaboration. Whether it’s co-investing, sharing deal flow, or making introductions, the community here isn’t just competitive—it’s genuinely supportive. While our portfolio has expanded beyond SoCal, nearly 40% of the companies we back are still based right here. The Los Angeles Times does a great job capturing how LA’s venture ecosystem has grown while maintaining its heart. Check out the article: https://lnkd.in/gNCTUCFu. It’s a good one.

🚗 Congratulations to KeySavvy on securing $4.25M in funding! Anyone who's bought or sold a car privately knows the process can be inconvenient and uncertain. KeySavvy has made peer-to-peer car sales as simple as online shopping. What's even more impressive: they've partnered with Cars & Bids, AutoCheck by Experian, and Hemmings to bring their secure payment platform to even more buyers and sellers. Kudos to Andrew Crowell, Jason Hoetger, and the entire KeySavvy team on this milestone. You're making private car transactions safer and simpler for everyone. 🎉

Congratulations to Ophir Ronen 🚀 and the team at CalmWave on their $5.25M raise! 🚀 This milestone highlights their commitment to tackling the critical challenge of operational overload in healthcare systems. Healthcare professionals are under immense pressure, navigating complex workflows and overwhelming amounts of data. CalmWave’s platform leverages advanced AI to cut through the noise, streamline operations, and create clarity in even the most high-stress environments. This allows healthcare teams to focus on what matters most: delivering exceptional patient care. As healthcare evolves, CalmWave is leading the way with intelligent systems that reduce burnout and improve efficiency, and we’re proud to support their journey. Here’s to many more milestones ahead! 💙🔥 #BonfireVentures #PortfolioHighlight #HealthTech #AI #InnovationInHealthcare

We led GitStart’s latest round because we believe in their potential to reshape how development teams work. Originally developed by CEO Hamza Z. to tackle challenges he faced as an engineer, GitStart quickly gained the attention of his then-boss, Fred Stevens-Smith, who became one of the company’s first investors. By combining AI with human expertise, GitStart transforms routine tickets into ready-to-merge pull requests, freeing dev teams to focus on high-impact projects. ✨ Why we’re excited about GitStart: 🔹 Solving a Core Issue: GitStart removes critical bottlenecks by automating repetitive work, letting teams focus on high-value tasks. Teams can now buy outcomes, not just interfaces, reshaping software delivery. 🔹 A Strategic Market Fit: With demand for efficient dev solutions rising, GitStart is perfectly positioned to set a new standard in agile, productive development. 🔹 From Engineer to Founder: Hamza Zia, a former engineer at Rainforest QA, first built this solution to streamline his own work. Recognizing its potential, Rainforest CEO Fred Stevens-Smith became one of GitStart’s earliest backers, encouraging Hamza to turn it into a full-fledged company. Today, Hamza’s deep expertise fuels GitStart’s commitment to practical, results-driven automation. 🔹 Real Results for Clients: GitStart’s customers already see significant savings and faster results. One CEO noted, “every ticket GitStart handles costs one-sixth of what it does in-house—and it’s done faster.” Beyond saving costs, GitStart lets companies optimize their teams for higher productivity. Learn more about why Jim Andelman invested in GitStart here - https://bit.ly/4fK1hpm

🔥 Why We Invested in Reactiv: It’s All About the Founders 🔥 "From the very first call, we knew Ross and Zack were founders we wanted to back. Not only are they building something game-changing with Reactive, but they’re also just good humans. Their journey started as operators at a little company you might’ve heard of—Shopify—where they honed their expertise in the e-commerce ecosystem. Later, they joined Plobal and saw firsthand the massive opportunity (and frustrations!) around mobile apps for merchants. Their clarity on how to tackle this problem in an otherwise complicated space made them instant standouts. Navigating go-to-market in the Shopify ecosystem is no easy feat, but Ross and Zack’s vision and experience made it clear they weren’t just solving a problem—they were creating a solution that merchants desperately needed. Since we invested, it’s been even more of the same—grit, dedication, curiosity, and a collaborative spirit. These are the kinds of founders we love to partner with." If you want to see why we’re all-in on Reactive and how they’re transforming mobile app creation for e-commerce merchants, check it out here: https://bit.ly/4e0tvKZ via Jennifer Richard Congrats Ross Correia, Zack Elias, Michael Pezzi! 🔥 🔥

Here’s how my ignorance led to a $400 million exit. When I moved to LA in 2006, I knew little about the tech scene. I was still managing international investment banking and frequently traveled to Europe and New York, unaware of the opportunities in my new backyard. After all, LA wasn’t Silicon Valley—it was Hollywood. That’s all most investors saw. But sometimes, being an outsider is your most significant advantage. Take Edgecast, for example, founded by a former I-banking client and now friend (Alex Kazerani). While I didn’t know much about content delivery networks, I knew and trusted him, so I became one of his first investors. Six years later, that “gut” decision resulted in a $400 million exit. Funny enough, my lack of VC habits became my superpower. I wasn’t stuck in the Silicon Valley playbook. My core investment strategy has always been about people and relationships—that’s where the true value lies. Sometimes, the smartest move is trusting your gut and betting on people, not just ideas. How has being an outsider in your industry given you an edge? Let’s trade stories on how "not knowing" can sometimes be the best advantage.