# Bedrock

> Bedrock is a technology investment firm built around narrative violations: companies underestimated because they conflict with prevailing market beliefs. Publicly launched in March 2018 by Geoff Lewis and Eric Stromberg, it backs businesses including OpenAI, Rippling, Flock Safety, Vercel and Mach Industries, alongside exposure to Bitcoin. Its approach combines a concentrated portfolio with substantial follow-on investment.

- **Founded:** 2018
- **Headquarters:** Los Angeles, United States
- **Founders:** Geoff Lewis (Co-founder; Founder & Managing Partner), Eric Stromberg (Co-founder; former Managing Partner; now Partner at Terrain)
- **Products:** Venture capital investment, Follow-on capital, Private fund management
- **Notable:** Built a portfolio including OpenAI, Rippling, Flock Safety, Vercel and Mach Industries., Company’s current Geoff Lewis biography reports growth from $127 million opening AUM to approximately $3 billion in 2025., Committed $125 million to Rippling’s May 2022 Series D.

## Products & services

- **Venture capital investment** — Leads and participates in private technology-company financings; its published letter describes Series A-C focus, occasional seed investments and follow-on reserves.
- **Follow-on capital** — Adds capital to existing portfolio positions; its May 2022 Rippling investment was $125 million, following $35 million previously invested.
- **Private fund management** — Manages pooled investment vehicles for limited partners; its public biography identifies four flagship funds.

## Achievements

- Built a portfolio including OpenAI, Rippling, Flock Safety, Vercel and Mach Industries.
- Company’s current Geoff Lewis biography reports growth from $127 million opening AUM to approximately $3 billion in 2025.
- Committed $125 million to Rippling’s May 2022 Series D.
- Participated in Vercel’s December 2020 $40 million Series B.

## Latest updates

- **2026-06** — Ben Kany’s June 1 essay reports significant Bedrock participation in Mach Industries’ $300 million Series C at a $1.8 billion valuation and says Bedrock led three prior financings.
- **2025-11** — Michael Liftik published Structural Sovereignty. Structural Alignment. Institutional Sovereignty.
- **2025-10** — Q4 memo emphasized consistency and alignment under pressure, extending the narrative-violations thesis.
- **2025-09** — Announced Michael Liftik as Chief Legal & Governance Officer and plans for a Washington, D.C. regional office.

## Links

- Website: https://bedrockcap.com/
- LinkedIn: https://www.linkedin.com/company/bedrockcap/
- Twitter/X: https://twitter.com/bedrock

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Profile page: https://yespress.io/bedrock
Published by YesPress — https://yespress.io
Last updated: 2026-10-27