Bedrock
US venture capital firm participating in the Mach Industries $300M Series C.
Last refreshed: 7 June 2026 · Appears in 1 active topic
Timeline for Bedrock
Mentioned in: Mach hits $1.8B in fintech-backed round
Drones: Industry & Defence- What is Bedrock Capital known for investing in?
- Bedrock Capital, founded by Geoff Lewis in 2018, focuses on 'narrative violations': companies the VC consensus has overlooked. Its portfolio includes OpenAI, Rippling, and Flock Safety. In defence, it is a multi-round backer of Mach Industries.Source: bedrockcap.com / Tracxn
- Is Bedrock Capital a new or existing investor in Mach Industries?
- Bedrock is a returning investor in Mach Industries, having backed the company before the June 2026 Series C. In that round it participated alongside new co-leads Infinite Capital and Ribbit Capital, and fellow incumbent Sequoia Capital.Source: event
- How large is Bedrock Capital as a fund?
- Bedrock manages approximately $2bn in assets, with a concentrated strategy typically entering at seed or Series A. It has backed 9 unicorns since founding in 2018.
Background
Bedrock is a US venture capital firm founded in 2018 by Geoff Lewis and Eric Stromberg, with offices in Los Angeles and Austin. The firm manages approximately $2 billion in assets across concentrated portfolios, investing primarily at Series A and seed stage. Bedrock built its investment thesis around what Lewis coined 'narrative violations': high-potential companies that the mainstream VC consensus had dismissed or overlooked. Portfolio companies include OpenAI, Rippling, Flock Safety, and Vercel; the firm has backed 9 unicorns and seen 5 IPOs. Bedrock's defence-technology exposure through Mach Industries sits alongside its broader frontier-tech allocations.
Bedrock was a pre-existing backer of Mach Industries before the $300m Series C of June 2026, participating alongside new co-leads Infinite Capital and Ribbit Capital, and fellow returning investor Sequoia Capital. The round valued Mach at $1.8bn, a 4x step-up within twelve months.