We are thrilled to announce $1.6B of new early stage capital to back founders building for a Post-AGI world. It's never been a better time to build a highly ambitious company. For the first time, AI can do the work, which means tapping into labor budgets instead of just software budgets. Chips, energy, physical AI, robotics, and personal software are all exploding. We want to hear the most ambitious ideas. In a time of rapid change, there is wisdom in heritage. While Bain Capital is large today, approximately $225B in AUM across its many strategies and geographies, the firm began with just $37M in 1984. In 1987, the early partners sat down to codify their principles for running the firm into a simple mantra. In 2026, we feel that mantra is the right one for an investment firm at the beginning of technological revolution: Make Money. Have Fun. Live with Integrity. We are ready to go!

Super fun BCV Fellows dinner last night with the one and only @levie. We chatted about all things enterprise agents, open source/ China, and where AI is creating more work instead of automating it. Lots of debate, and a great evening!

This was so much fun! Ron, Ryan and I were fortunate to work with @ryanjdaniels in the early days before he knew what Crosby would become. The son of 2 law professors, Ryan was born to start this company. He was early to the idea that AI would transform services, and made a bet about commercial contracts as the place to start that turned out to be correct. Crosby offers a radically better value prop of speed and quality to their customers, which resonated instantly with the fastest growing AI companies. They are pioneering the playbook of the neofirm, and they have built an incredible team in NY!