Bridgevine, Inc.
Headquartered in Vero Beach, FL with offices in Atlanta, GA, Bridgevine acquires customers for Internet, phone, television, wireless, entertainment and other service providers and advertisers through its intelligent online shopping engine and marketing platform. www.bridgevine.com
Why Bridgevine? — Improvements to Bridgevine’s technology platform helped enhance profitability and drive 2011 revenue to approximately $39 million. The company’s business model is highly scalable, enabling significant growth without a proportionate increase in costs.
Market Opportunity — Bridgevine competes at the convergence of two markets: 1) digital service customer acquisition, and 2) online lead generation. The U.S. market for digital services, including broadband Internet access, cable TV, and voice/VoIP exceeds $100T.
Awards — Inc. 500 (2007, 2008), Inc. 5000 (2009, 2010, 2011), Deloitte Technology Fast 50 (2008), and MegaPath Partner “Rookie of the Year” (2009).
Safeguard Board Member — Philip D. Moyer
Financial Summary — Safeguard has deployed $10.0 million of capital in Bridgevine and has a 23% primary ownership position. Co-investors include Constellation Ventures II, Pat Welsh of Welsh Carson Anderson and Ted Leonsis, Vice Chairman Emeritus of AOL.
Initial Capital Deployment — August 2007
Sector — Technology, Internet/New Media
