Bessemer Venture Partners (Bessemer) is an American

venture capital Venture capital (often abbreviated as VC) is a form of private equity financing that is provided by venture capital firms or funds to startups, early-stage, and emerging companies that have been deemed to have high growth potential or which ha ...

firm. The firm has over $19 billion under management and invests globally, with offices in

San Francisco San Francisco (; Spanish language, Spanish for "Francis of Assisi, Saint Francis"), officially the City and County of San Francisco, is the commercial, financial, and cultural center of Northern California. The city proper is the List of Ca ...

Redwood City Redwood City is a city on the San Francisco Peninsula in Northern California's Bay Area, approximately south of San Francisco, and northwest of San Jose. Redwood City's history spans its earliest inhabitation by the Ohlone people to being a po ...

New York City New York, often called New York City or NYC, is the List of United States cities by population, most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the L ...

Boston Boston (), officially the City of Boston, is the state capital and most populous city of the Commonwealth of Massachusetts, as well as the cultural and financial center of the New England region of the United States. It is the 24th- mo ...

Israel Israel (; he, יִשְׂרָאֵל, ; ar, إِسْرَائِيل, ), officially the State of Israel ( he, מְדִינַת יִשְׂרָאֵל, label=none, translit=Medīnat Yīsrāʾēl; ), is a country in Western Asia. It is situated ...

India India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the so ...

, and

London London is the capital and largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary down to the North Sea, and has been a majo ...

. Bessemer has funded technology companies including

Shopify Shopify Inc. is a Canadian multinational e-commerce company headquartered in Ottawa, Ontario. Shopify is the name of its proprietary e-commerce platform for online stores and retail point-of-sale systems. The Shopify platform offers online ret ...

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LinkedIn LinkedIn () is an American business and employment-oriented online service that operates via websites and mobile apps. Launched on May 5, 2003, the platform is primarily used for professional networking and career development, and allows job se ...

Pinterest Pinterest is an American image sharing and social media service designed to enable saving and discovery of information (specifically "ideas") on the internet using images, and on a smaller scale, animated GIFs and videos, in the form of pinboard ...

Yelp Yelp Inc. is an American company that develops the Yelp.com website and the Yelp mobile app, which publish crowd-sourced reviews about businesses. It also operates Yelp Guest Manager, a table reservation service. It is headquartered in San Fra ...

Wix Wix may refer to: Computing * WiX (Windows Installer XML Toolset), a software toolset * Wix.com, an Israeli software company providing cloud-based web development services Places * Wix, Essex, United Kingdom * Vicques, Switzerland, formerly O ...

Skype Skype () is a proprietary telecommunications application operated by Skype Technologies, a division of Microsoft, best known for VoIP-based videotelephony, videoconferencing and voice calls. It also has instant messaging, file transfer, deb ...

Procore Procore Technologies is an American construction management software as a service company founded in 2002, with headquarters in Carpinteria, California. History Founder and CEO Craig "Tooey" Courtemanche created the software that became Procor ...

DocuSign DocuSign, Inc. is an American company headquartered in San Francisco, California, that allows organizations to manage electronic agreements. As part of the DocuSign Agreement Cloud, DocuSign offers eSignature, a way to sign electronically on diff ...

Bumble Bumble is an online dating application. Profiles of potential matches are displayed to users, who can "swipe left" to reject a candidate or "swipe right" to indicate interest. In heterosexual matches, only female users can make the first contac ...

Canva Canva is an Australian graphic design platform that is used to create social media graphics and presentations. The app includes readymade templates for users to use, and the platform is free and offers paid subscriptions such as Canva Pro and ...

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, Diapers.com,

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, Fiverr,

Discord Discord is a VoIP and instant messaging social platform. Users have the ability to communicate with voice calls, video calls, text messaging, media and files in private chats or as part of communities called "servers".The developer documenta ...

Box A box (plural: boxes) is a container used for the storage or transportation of its contents. Most boxes have flat, parallel, rectangular sides. Boxes can be very small (like a matchbox) or very large (like a shipping box for furniture), and can ...

, Mindbody,

Lifelock LifeLock Inc. is an American identity theft protection company based in Tempe, Arizona. LifeLock's system monitors for identity theft, the use of personal information, and credit score changes. LifeLock was acquired by computer security compan ...

, RocketLab, Bright Health Group, Pager Duty,

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, Toast, Inc., and

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History

In 1911,

Henry Phipps Henry Phipps may refer to: * Henry Carnegie Phipps (1879–1953), sportsman and financier * Henry Phipps Jr. (1839–1930), entrepreneur and major philanthropist * Henry Phipps, 1st Earl of Mulgrave General Henry Phipps, 1st Earl of Mulgrave, ...

, a co-founder of

Carnegie Steel Carnegie Steel Company was a steel-producing company primarily created by Andrew Carnegie and several close associates to manage businesses at steel mills in the Pittsburgh, Pennsylvania area in the late 19th century. The company was formed ...

, established Bessemer Securities as a family office. In 1974, Bessemer Securities expanded beyond immediate family management and the venture capital firm, Bessemer Venture Partners, was created. In 1975, Bessemer Venture Partners opened an office in

Silicon Valley Silicon Valley is a region in Northern California that serves as a global center for high technology and innovation. Located in the southern part of the San Francisco Bay Area, it corresponds roughly to the geographical areas San Mateo County ...

. In 1985, the firm opened an office in Boston and began investing in health and life sciences. In 2003, Bessemer expanded its operations to India. In 2007, Bessemer expanded its operations to Israel. It purchased early stakes in LinkedIn, Box Inc., and Shopify Inc. In October 2018, in partnership with Nasdaq, the company created the BVP Nasdaq Emerging Cloud Index and in September 2019

WisdomTree Investments WisdomTree Investments, Inc. is a New York-based exchange-traded fund (ETF) and exchange-traded product (ETP) sponsor and asset manager. WisdomTree launched its first ETFs in June 2006, and became one of the major ETF providers in the United St ...

launched WCLD, an ETF based on the index. In June 2018, it launched a seed fund for startups "applying machine learning to health." In October 2018, the firm raised its tenth fund at $1.85 billion. In November 2019, the firm raised a $525 million dollar fund for growth-stage companies. In February 2021, the firm raised $3.3 billion for early stage and growth stage investments. As of February 2021, Bessemer operates with 21 partners and 45 investors.

Investments

Bessemer Venture Partners invests in seed stage, early stage, and growth stage private technology companies. The firm is primarily focused on investing in the enterprise, consumer, and healthcare sectors. Bessemer has been part of over 125

IPOs In demonology, Ipos is an Earl and powerful Prince of Hell (a Duke to some authors) who has thirty-six legions of demons under his command. He knows and can reveal all things, past, present and future (only the future to some authors, and past ...

in the last 50 years.

References

{{Private equity and venture capital Companies based in Menlo Park, California Venture capital firms of the United States Financial services companies established in 1911 1911 establishments in New York (state) Companies based in New Jersey