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Office Locations:
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140 New Montgomery
San Francisco, CA 94105
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Communications & Networking
Financial Services
Information Technology
Software & Internet
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Founded in 1995, Benchmark has invested in more than 250 startups. The firm's investments range in size from as little as $100,000 to as much as $10 or $15 million. Typically, Benchmark invests $3 to $5 million initially and expects to invest $5 to $15 million over the life of a company. Benchmark focuses its investments on early stage opportunities in enterprise software and services, communications & security, semiconductors, mobile computing, consumer services and financial services. The firm maintains an additional office in San Francisco.
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Investment Firm Key
VC = Venture Capital
PE = Private Equity
A = Angel
I = Incubator
MB = Merchant Bank
VD = Venture Debt
FI = Family Investment Office
FOF = Fund of Funds
ED = Economic Development Office
TT = Technology Transfer Office
CVC = Corporate Venture Capital
SEC = Secondary Purchaser
HF = Hedge Fund/Mutual Fund
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| COMPANY STAGE | REVENUE |
| Venture Capital | |
Seed Stage (includes "pre-seed," or concept stage) | No Revenue |
| Early Stage | Minimal Revenue |
Growth Stage (also called Mid-stage) | $2M-$7M |
Expansion Stage (also called Late-stage) | $7M and greater |
| Private Equity | |
| Lower Middle Market | $10M-$249M |
| Middle Market | $250M-$499M |
| Upper Middle Market | $500M-$1B |
| Large Cap | >$1B |
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| Name | |
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Title | |
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| Bill Gurley | |
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General Partner | |
| Bob Kagle | |
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General Partner | |
| Bruce Dunlevie | |
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General Partner | |
| Kevin Harvey | |
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General Partner | |
| Matt Cohler | |
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General Partner | |
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Date
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Name
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State
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Amount
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Stage
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11/18/2025
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Agentio
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NY
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$40,000,000
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Series B
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11/01/2025
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Mercor
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CA
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$350,000,000
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Series C
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10/30/2025
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Legora
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DE
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$150,000,000
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Series C
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10/14/2025
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Reducto
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CA
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$75,000,000
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Series B
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09/30/2025
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Cerebras Systems
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CA
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$1,100,000,000
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Series G
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09/18/2025
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Numeral
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CA
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$35,000,000
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Series B
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07/08/2025
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Levelpath
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CA
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$55,000,000
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Series B
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05/30/2025
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ClickHouse
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CA
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$350,000,000
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Series C
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04/25/2025
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Reducto
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CA
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$24,500,000
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Series A
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11/21/2024
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New Lantern
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CA
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$19,000,000
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Series A
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