Blue Cloud Ventures V

About Blue Cloud Ventures V

Blue Cloud Ventures V (BCV V) is the latest growth-stage fund from NYC-based Blue Cloud Ventures, pushing firm AUM past $1B. Founded in 2012, BCV writes $10-30M lead and co-lead checks into AI-first enterprise software companies with $10-50M revenue and 3-5 year exit horizons. BCV V already booked its first exit: Zendesk's March 2026 acquisition of Forethought, where BCV led the $25M growth round just 11 months earlier. The firm's 100+ tech founder/CEO LP network provides portfolio companies with customer intros and operational support.

Investment Focus

Location / RegionUnited States

Funding StageGrowth

Industry Focus

Ai Ml

Cybersecurity

Enterprise Software

Saas

Investor Signals Profile

active

Sweet Spot

B-round or C-round enterprise software founders with $10M+ ARR and AI-native or AI-leveraged products

AI-first enterprise software

growth-stage SaaS

open-source

software infrastructure

M&A advisory

Bullish Signals

First exit already — Zendesk acquired Forethought 11 months after BCV led roundblog

AUM past $1B — 14-year track record across 5 fundsblog

100+ tech founder/CEO LP network = customer introsblog

$10-30M checks in the missing middle of Series B/Cblog

Portfolio includes Writer — leading enterprise gen-AI companyblog

Contrarian Signals

Concentrated 12-20 positions — every check mattersblog

AI valuations still resetting — multiple compression riskblog

Fund size undisclosed, implied $250-400M rangeblog

Founder Do's

Target if at Series B/C with $10M+ ARR in enterprise software

Leverage operator LP network for customer intros

BCV runs structured M&A advisory for portfolio companies

Good fit if you want capital + operator access without diluting founder authority

Founder Don'ts

Not for early-stage or seed companies

Do not expect board control — BCV is supportive, not directive

Avoid if you need a heavy-hands growth lead driving strategy

Key GPs & Partners

Rami Rahal

Founder, Managing Partner

growth-specialistsoftware-nativeM&A-driven

Mir Arif

Founder, Managing Partner

growth-specialist

Joel Lou

Founder, Operating Partner

LP-relationsoperations

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Fund Overview

Fund SizeUSD

Saves0

Website

Key People

Rami Rahal, Mir Arif, Joel Lou

Rami RahalFounder, Managing Partner

Mir ArifFounder, Managing Partner

Joel LouFounder, Operating Partner