- Bridge Alternatives becomes outsourced CFO for NEXT VENTŪRES, Collide Capital, and Voyager Ventures
April 14th, 2023 — Leading outsourced CFO & Advisory firm, Bridge Alternative Investment Solutions (“Bridge Alternatives”), today announced a new expansion to support its growing client footprint, which now exceeds over 30 clients across the globe.
Bridge Alternatives has increased its team to 23 employees to keep up with growing client demands. These individuals come from the largest fund administrators and accounting firms in the world with deep expertise in the alternatives space.
This expansion is driven by recent engagements with emerging Venture Capital firms such as NEXT VENTŪRES, Collide Capital, and Voyager Ventures. These firms invest in varying strategies such as fintech, climate tech, and health & wellness, but they all share the common goal of partnering with a team they can trust to support their accounting and finance needs.
Bridge Alternatives will serve as full back office, including Controller and CFO functions to support these clients now and in the future.
Shane Bates, Partner of Bridge Alternative Investment Solutions, said: “We have been fortunate to team up with extremely talented managers in the Venture Capital sector that have fueled significant growth for our firm.
Our experience in the industry and white-glove service model allows us to provide an institutional grade back-office solution for emerging managers. We work with firms of all sizes but there is something special about building a foundation that’s scalable long term. It’s exciting to be able to deliver such a valuable service and grow together with our clients.”
Julian Eison, Managing Partner of NEXT VENTŪRES, said of the relationship: “They bring a team approach with immense industry expertise, which aligns perfectly with our vision at NEXT VENTŪRES. Bridge feels like an extension of our team. Having their OCFO support has allowed me to shift efforts to growing the firm.”
Brian Hollins, Founder and Managing Partner of Collide Capital, said of the relationship: “Bridge has allowed us to focus on driving returns for our investors and supporting our founders. We trust them to run our back office while guiding us with industry best practices as we build our firm. We look forward to a long partnership.”
Sierra Peterson, Founding Partner of Voyager Ventures, said of the relationship: “Bridge is an experienced and trusted partner, and the Bridge team is always ready to roll up their sleeves and get involved in not only the day-to-day accounting but also the overarching financial strategy for our firm. The Bridge team are experts who know the industry and help connect operations to finance. We are grateful to partner with Bridge as we build Voyager to become a best-in-class organization.”
About NEXT VENTŪRES
NEXT VENTŪRES is an early-stage venture capital firm focused on whole person health and investing in passionate founders who build innovative technology and products that enable people to live healthier lives. They closed their inaugural Fund I of $50M in 2019 with big plans to launch Fund II in 2023. Founded by Lance Armstrong and Melanie Strong, their Managing Partners are world class leaders in sports, marketing, and technology which fuels their ability to find the best partners at the table. For more information on NEXT VENTŪRES, please visit nextventures.com.
About Collide Capital
Collide Capital is a minority owned, emerging venture capital firm investing in early-stage companies from pre-seed to Series A, with a focus on fintech, supply chain redesign, and the future of work. They closed an oversubscribed Fund I of $66M in 2022 backed by prominent endowments and tech giants, allowing them to carry out their mission to guide deserving founders on their institutional capital journey and equip them with resources, knowledge networks, and hands-on operational support for a successful exit. For more information on Collide Capital, please visit collidecap.com.
About Voyager Ventures
Voyager Ventures invests in exceptional climate technology companies creating the foundations of a new, decarbonized economy. Led by experienced climate technology investors, founders, company-builders, and policy-makers, Voyager launched its $100M Fund I in 2021 and is now investing out of two funds in early-stage climate technology companies. Voyager brings its expertise, experience and networks to accelerate the success of ambitious early-stage founding teams in North America and Europe, investing in software, hardware and biotech companies driving decarbonization worldwide. For more information on Voyager Ventures, please visit voyagervc.com.
About Bridge Alternative Investment Solutions
Bridge Alternative Investment Solutions continues to provide virtually every function that an in-house CFO, COO and/or Controller would provide, including books and records management, cash movements and controls, fee calculations and billing, audit management and coordination, tax compliance and coordination, and service provider oversight and relationship management. For further information please contact info@bridgealternatives.com or please visit our website at bridgealternatives.com.
The risk of loss in trading commodity interests can be substantial. You should therefore carefully consider whether such investing is suitable for you in light of your financial condition. Past performance is not necessarily indicative of future results.