VC firm Bessemer now has another $5.75B to invest in (what else?) AI
The VC firm says that AI-native companies are growing faster than any technology, ever.
Bessemer Venture Partners, a leading venture capital firm, has announced the launch of two new funds, each containing $5.75 billion, to fuel their investments in artificial intelligence (AI). The firm, which has previously backed companies such as Anthropic, Cognition, Legora, Perplexity, Ramp, Shopify, and Waymo, has allocated $1.75 billion for seed and early-stage investments and the remaining $4 billion for growth-stage startups.
Bessemer has a strong track record in the Software as a Service (SaaS) era, having successfully identified enterprise winners like Box, DocuSign, and Gainsight. Since 2022, the firm has made more than 260 investments in AI-native companies, totaling $3 billion, encompassing areas such as compute, infrastructure, foundation models, developer tools, application-layer startups, and agentic technology.
Bessemer CEO Byron Deeter stated in the announcement that AI-native companies are scaling at a faster pace than any other technology category they have backed. Deeter also noted to Bloomberg that VC firms must continue to increase their war chests, as companies staying private for extended periods has become a permanent structural shift.
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