Home › News › Feb 2021

Panoramic Ventures Launches With $300 Million Fund as BIP Capital and Paul Judge Join Forces

Tuesday, February 16th, 2021

Panoramic Ventures today announced its formation through a partnership between highly successful entrepreneur and investor Paul Judge and BIP Capital, one of the most active venture capital firms in the Southeast with more than $550 million in assets under management. Judge and BIP Capital Co-founder Mark Buffington are managing partners of Panoramic Ventures, which also announced today the launch of a new fund with a target of $300 million.

Panoramic's core mission is to fund companies in the Southeast, Midwest, and other regions across the country where high-potential companies are often overlooked.

"Our intent at Panoramic is to take a wider-view approach to investing in order to give more entrepreneurs access to both capital and expertise to help build leading tech companies, regardless of geographic location," said Buffington. "Looking outside the traditional innovation hubs to find the most promising tech companies is something that we have been doing successfully for over a decade, and with the new Panoramic fund we're accelerating this initiative."

Focused on the Southeast and Midwest
The Southeast and Midwest receive only 14 percentof VC funding even though they include 44 percentof the country's population. Further, 36 percent of last year's Inc. 5000 reside in these regions with a median growth rate of 161 percent year over year.

Panoramic is based in Atlanta, which has a strong presence of colleges, corporations, and culture. The Metro Atlanta area is home to 30 Fortune 1000 corporations and has nearly 300,000 students at its universities ranging from Georgia Tech and Emory University to historically Black colleges. Georgia's cultural influence ranges from music to film. Overall, the environment is well positioned for a venture fund that can support and accelerate the growing ecosystem.