Browsing: 575B

On September 23, San Francisco-based Bessemer Venture Partners announced a $5.75 billion single-close raise, allocating $4 billion to growth investing and $1.75 billion to seed and early-stage companies. Most of the new capital is therefore intended for businesses beyond their first financing rounds, while the firm continues to finance founders at inception.

Bessemer Venture Partners announced on Wednesday that it has raised $5.75 billion across two new funds to accelerate its investment across all parts of the AI stack. The firm, which has backed companies such as Anthropic, Cognition, Legora, Perplexity, Ramp, Shopify, and Waymo, dedicated $1.75 billion for seed and early-stage investing and the remaining $4…