Preheat oven to 425 degrees F. Place bacon on a slotted baking sheet with edges, laying them next to each other with edges lining up. Bake bacon in the preheated oven until partially cooked but still flexible, about 6 minutes.
Brush venison tenderloin with 1 teaspoon melted butter or oil and season with 1 1/2 tablespoon ranch seasoning. Place tenderloin roast on one end of the strips of partially cooked bacon. Wrap bacon strips snugly around loin and place with the ends on bacon under the loin so the bacon secures around the loin. Bake for 15 minutes for medium rare loin. Remove from oven and allow to rest on cutting board for 10 minutes before slicing.
While the tenderloins bake make the mushrooms and ranch dressing. Place the rest of the butter in a large saute pan over medium heat. Add the mushrooms and onions and saute while stirring occasionally for 7 minutes, or until mushrooms are golden brown. Season with 1/2 teaspoon Ranch seasoning.
To make the Ranch dressing, place all the ingredients in a blender and puree until smooth. I store this tasty dressing in my fridge at all times.
Place mushroom mixture on a serving platter. Slice the loin into 1/2 inch slices and place onto the platter. Drizzle with Ranch dressing if desired.