
Scout Program
Bain Capital Ventures launched its venture scout program in May 2017 to gain greater visibility into early-stage investment opportunities and expand deal sourcing beyond the firm's direct network. The program represents BCV's commitment to partnering with distributed investors and scouts who can identify promising founders and companies at the earliest stages.
BCV's scout program operates through AngelList, a platform designed specifically to facilitate scout investing. This structure differs from traditional in-house scout networks, as it provides transparency about which venture firms are supporting particular scouts, addressing a key market concern about conflicts of interest when scouts also advise on venture funding decisions.
In January 2023, Bain Capital Ventures launched Magnify, a more structured scout program cohort, indicating a shift toward more intentional cohort building and scout community development.
Join the Superscout community!
🌍 Meet other scouts globally.
👀 Get first dibs on new scout programs and VC openings.
✨ Get feedback and investor recommendations for your deal memos.
✌️ Learn and grow together as a community!
BCV's scout program aims to identify promising early-stage startups by leveraging the networks and expertise of selected scouts. The program emphasizes the importance of maintaining founder relationships and ensuring that scouts operate with authenticity and independence.
BCV's scout program operates on an invitation-only basis. The firm identifies and recruits scouts who demonstrate strong founder networks, investment experience, specialized expertise, and credibility in the ecosystem.
BCV scout program participants receive investment capital to deploy in early-stage companies, carry participation on investments that result in exits or follow-on funding, and access to BCV's deal flow and investment opportunities.
There is no cost to participants; scouts are compensated based on their performance.
The program is open-ended, with an annual cohort kick-off for the Magnify program.
The program requires a part-time commitment from scouts, allowing them to balance other professional responsibilities.
The program operates remotely through the AngelList platform, allowing scouts to work from various locations.
BCV's scout program has been featured in various media outlets, highlighting its unique structure and successful alumni. Notable mentions include articles from TechCrunch and Fortune.
All trademarks, logos and brand names are the property of their respective owners. All company, product and service names used in this website are for identification purposes only. Use of these names, trademarks, and brands does not imply endorsement.