Ajay Agarwal

Partner at Bain Capital Ventures · Joined 2003

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Biography

Ajay Agarwal spent two summers as a telemetry design engineer at Hughes Aircraft, helping bid on the original DirecTV satellite, before co-founding a software startup with a college classmate that grew into Trilogy Software - Agarwal joined as employee 18 and spent eight years running product and sales, growing revenue from $1 million to $300 million. After an MBA at Harvard and a stint at McKinsey, he joined Bain Capital Ventures in 2003. His signature bet came in 2004, when he led BCV's first institutional round in Kiva Systems, a warehouse robotics startup founded by Mick Mountz at a time when e-commerce was still nascent. Amazon acquired Kiva in 2012, rebranding it Amazon Robotics - its robots now power more than 2,000 fulfillment centers across Amazon's global network. Agarwal was named to the Forbes Midas List in both 2012 and 2013.

Education

Previous Experience

Notable Investments

ClariGainsightSendGridTellApartOptimizelyKiva SystemsBloomReachDocuSign DOCUInrixSneakpeeqArioMind RoboticsProntoObvioTerraFirmaActively

Board Seats

Career Timeline

2003
Joins Bain Capital Ventures as a partner, focused on early-stage application software.
2004
Leads BCV's first institutional round in Kiva Systems, a warehouse robotics startup.
2012
Amazon acquires Kiva Systems, rebranding it Amazon Robotics.
2012
Named to the Forbes Midas List.
2013
Named to the Forbes Midas List for a second consecutive year.

Sources & References

Bain Capital Ventures - Ajay Agarwal ↗Bain Capital ↗