Bain alumni-founded Vendelux, Common Sense Privacy, Duckbill, Hived and Qube received funding from the management consultancy-backed fund.

Ann Scott-Plante

Image of Ann Scott-Plante, head of Future Back Ventures, courtesy of Bain & Company.

Future Back Ventures, a US venture capital fund backed by management consulting firm Bain & Company, has made its first five investments in technologies driven by artificial intelligence.

Formed in 2023, Future Back Ventures focuses on early-stage startups founded or run by former Bain employees. The initiative is overseen by head of fund Ann Scott-Plante (pictured), who was a Bain alumna and entrepreneur before returning to lead the fund.

Event marketer platform Vendelux, privacy assessment technology provider Common Sense Privacy and personal assistant service Duckbill are among its portfolio companies, as are electric parcel delivery network operator Hived and Qube, whose software tool helps companies monitor their emissions.

“Bain produces more startup founders than any other business per capita, with 8% of former Bain employees starting their own venture, according to research by Ondeck,” says Miles Cook, Bain partner and chairman of Future Back Ventures.

Companies founded by Bain alumni include BetterUp, Delhivery, Faire, Intuit, Net-a-Porter, Plaid, Riot Games and Xiaohongshu.

Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.