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Alumni Ventures Invests in Bloomfilter to Revolutionize Software Development

Co-Founder and Co-CEO Erik Severinghaus Recently Discussed His Company on AV’s Tech Optimist Podcast

Bloomfilter is a process intelligence platform for software development, designed to measure and improve the software development lifecycle
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MANCHESTER, NH, JANUARY 16, 2025 — Alumni Ventures (AV), one of the world’s most active venture capital firms, is a proud investor in Bloomfilter. The company’s enterprise software planning application provides complete visibility into software development projects in order to improve the process and outcomes. AV invested in the company’s $7 million seed round led by Magarac Venture Partners, with participation from Sequoia, HPA, North Coast Ventures, Techstars, and Pacific Western Bank.

Founded by Co-CEOs Andrew Wolfe and Erik Severinghaus, Bloomfilter is addressing one of the most pressing challenges in technology today: the inefficiencies and misalignment in the software development lifecycle. Their platform integrates data from a wide array of tools used in the software development process, leveraging advanced process mining and AI technologies to provide actionable insights for businesses.

“We’re excited by Bloomfilter’s solutions for software development, one of the least optimized processes in modern business, ” said AV Managing Partner Chris Sklarin, who recently hosted a conversation with Severinghaus on AV’s Tech Optimist podcast.  “Their ability to bring clarity and efficiency to such a complex process is game-changing, and we’re proud to be an early supporter.”

Bloomfilter recently announced a transformative partnership with Celonis, a global leader in process mining technology. This new offering allows companies to gain unprecedented visibility into their software development operations, creating a unified ecosystem that fosters alignment between technical and business leaders. This marks a significant step forward in enhancing the observability, predictability, and efficiency of software development processes across industries.

“Our collaboration with Celonis enables us to scale rapidly and bring transformative capabilities to organizations of all sizes,” explained Severinghaus on AV’s Tech Optimist podcast. “Their enterprise-grade platform accelerates our ability to deliver value, and we’re thrilled to be a part of their vision for expanding process mining beyond its traditional domains.”

About Bloomfilter

Bloomfilter is a pioneer in software development intelligence, providing businesses with the tools and insights necessary to optimize their SDLC to be more observable, predictable, efficient and nimble. Headquartered in Chicago, IL, Bloomfilter’s platform empowers organizations to identify inefficiencies and drive continuous improvement throughout their development process.

About Alumni Ventures

Alumni Ventures (AV) offers accredited individuals access to professional-grade venture capital, a key asset class missing from the portfolios of many sophisticated investors. Since 2014, AV has raised $1.3+ billion from 10,000+ investors and backed 1,500+ unique portfolio companies. AV is a top 20 venture firm in North America according to CB Insights, as well as the #1 most active venture firm in the U.S. according to PitchBook’s 2022 and 2023 rankings. AV has  also won awards from Inc. Magazine, Fast Company, Benzinga, and the US FinTech Awards. AV funds are private, for-profit, and not affiliated with or sanctioned by any school.

About Tech Optimist

The Tech Optimist Podcast, presented by Alumni Ventures (AV), focuses on the intersection of technology, entrepreneurship, and innovation. True to our name, we are passionate about technology and its potential to drive positive change. We explore our lane through interviews with startup founders, venture investors, and futurists; discussions of new innovations; and reviews of trends in tech and venture capital. Click here to subscribe.

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Alumni Ventures, 670 N. Commercial Street, Suite 403, Manchester, NH 03101

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Alumni Ventures

Alumni Ventures is a network-powered VC firm that helps accredited individuals invest in venture capital.

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