💰Bessemer Closes $5.75B Across Two Funds for the AI Stack
TL;DR
Bessemer Venture Partners raised $5.75B across two new funds to invest across the AI stack. $1.75B goes to seed and early stage and $4B to growth, after the firm backed 260+ AI-native companies including Anthropic and Perplexity since 2022.
Bessemer Venture Partners raised $5.75B across two new funds to invest across the AI stack. $1.75B goes to seed and early stage and $4B to growth, after the firm backed 260+ AI-native companies including Anthropic and Perplexity since 2022.
Key Points
$1.75B early-stage fund plus $4B growth fund
260+ AI-native investments since 2022, about $3B deployed into AI so far
Portfolio includes Anthropic, Cognition, Legora, Perplexity and Waymo
Partner Byron Deeter calls longer private company lifespans 'a permanent structural shift'
Why It Matters
The SaaS-era kingmaker putting 70% of fresh capital into growth rounds tells founders late-stage AI money stays plentiful, and valuations will stay stretched.
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