Bessemer raises five point seven five billion dollars

Bessemer Venture Partners announced Wednesday it has raised five point seven five billion dollars across two new funds focused on artificial intelligence investing.

Money split between seed and growth stages

One point seven five billion dollars goes to seed and early-stage companies. The remaining four billion dollars targets growth-stage startups across the AI stack.

Bessemer's track record in AI investing

Since twenty twenty-two, Bessemer has invested in more than two hundred sixty AI-native companies and deployed three billion dollars into AI-related startups including compute, infrastructure, and foundation models.

Bessemer's history backing enterprise winners

The firm became known in the SaaS era for picking enterprise winners like Box, Docusign, and Gainsight. It has also backed Anthropic, Cognition, Perplexity, Ramp, Shopify, and Waymo.

AI companies scaling faster than any tech before

Bessemer Partner Byron Deeter said AI-native companies are scaling faster than any category of technology the firm has backed before.

“AI-native companies are scaling faster than any category of technology we've backed before.”

Why VCs need bigger war chests now

Deeter told Bloomberg that companies staying private longer has become a permanent structural shift, forcing venture firms to keep increasing their investment funds.