Firm Overview We are built for growth
At Bethlehem Capital, we back ambitious founders of B2B software companies from early stage through growth. Our team combines capital, technology expertise, and hands-on operating experience to help entrepreneurs harness digital transformation and proven frameworks to scale faster and smarter.
We invest $200K to $5MM+, take a collaborative approach to ownership, and provide more than just funding—we bring strategic guidance and operational support to fuel long-term success.
Our fund growth over time:
$21M
2007$53M
2012$153M
2016$330M
2019$780M
2021$1.1B
2024Our Partnerships Why we believe founders
partner with Bethlehem
Capital?
Humility + Hustle
We've built lasting trust with founders by keeping our style open, honest, and straightforward. That trust gives us a seat at the table—even in companies that don't need outside capital. Like the entrepreneurs we back, we're not the incumbent giant—we push harder to prove ourselves every day.
Operational Value Add
Our Operational Value Creation Team focuses on building the core functions growth-stage companies often lack—sales operations, marketing, financial systems, and senior leadership—so businesses are equipped to scale.
Optimal Capitalization
Our approach is rooted in transparency, ethics, and long-term relationships with founders and investors alikeWe keep our investment range broad by design. Undercapitalization stalls growth; overcapitalization risks founder dilution and fewer exit paths. We aim for the right balance—fueling innovation while preserving long-term success.
Highly Flexible Capital
Every business is different, so we shape our investment to fit—whether that means majority or minority ownership, growth capital, or liquidity for founders. We're also long-term partners, able to back companies through successive rounds of growth.
Our Investment Characteristics Who do we like to partner with?
Challengers to the "Old Guard"
Our founders are winning market share from incumbents by solving customer problems more effectively and delivering next-generation solutions in their categories.
Culture Bearers
Our top-performing companies are deliberate about culture—because it's essential to their success. Our playbook is simple: great products + great people = great outcomes.
Vertical Market Leaders
We typically back founders who have experienced their customers' pain points firsthand, often within a specific vertical. We believe these category leaders earn the right to expand their offerings across the value chain.
Must-Have Products
We seek products that are indispensable to customers, with retention rates that demonstrate it. We invest in businesses with proven product–market fit, a clear right to win, and the capacity to capture greater market share.
Our portfolio The visionaries driving the
companies we invest in.
See our full portfolio 
Glemser Technologies
- Bethlehem,
- Pennsylvania
Structured content AI tools and IT solutions for pharmaceutical companies
Snyder Technologies
- Bethlehem,
- Pennsylvania
Digital transformation and AI implementation services for businesses globally
About Bethlehem Capital By the numbers...
Our focus and values have remained constant, even as we've steadily
expanded in scale and capability.