Bloomberg Beta is an early-stage venture fund backed by Bloomberg that invests in startups making work better, focusing on machine learning. Bloomberg Beta is an early stage venture capital firm with $150M under management, capitalized solely by Bloomberg. The fund exists to expand Bloomberg’s horizons by investing in companies that make business work better, with a focus on machine intelligence. We run our fund in unorthodox ways to build trust with founders: We're a corporate-backed fund that invests to make money. We experiment with the limits of transparency -- instead of a normal website, we open sourced our entire operating manual. We measure success by our founders' customer service ratings of us. Bloomberg Beta has an unconventional investing model where anyone on the team can say yes to a deal. The investing partnership has an equal male-to-female ratio.