– Bessemer Venture Partners has raised $5.75 billion in new capital in a single close.
– $1.75 billion will target seed and early-stage investments.
– $4 billion will be dedicated to growth investments in category-leading companies.
– The new capital is aimed at supporting companies as AI accelerates the pace of technology creation, scaling and value creation.
– Since 2022, Bessemer has backed more than 260 AI-native companies, investing over $3 billion across the AI stack, including compute, infrastructure, foundation models, developer platforms, applications and agents.
– Around 70% of Bessemer’s investments are made at the early stage, reinforcing its focus on backing founders before markets and categories are fully established.
– The firm cites companies including Abridge, Perplexity, Shopify, Toast and Wonderful as examples of this early-stage strategy.
– The $4 billion growth platform reflects the trend of companies staying private longer and creating more value before entering public markets.
– Bessemer’s growth practice now operates as a dedicated platform, with dedicated capital and partners focused on concentrated, high-conviction investments.
– Jeremy Levine, Partner, Bessemer Venture Partners: “AI is creating a generational opportunity, and this capital strengthens our ability to make the first bets on the founders shaping the AI age.”
– Byron Deeter, Partner, Bessemer Venture Partners: “AI-native companies are scaling faster than any category of technology we’ve backed before.”
– Growth investments can target both existing portfolio companies and new opportunities.
– The firm invests globally across the United States, Europe, India and Israel, backing companies transforming industries through AI and other technology transitions.
