Benchmark

Activity from announced rounds

All recorded activity

Benchmark is a venture investment partnership based in the San Francisco Bay Area, backing technology founders at seed and Series A and continuing with companies through later financings.

Partner Chetan Puttagunta describes its early investing as work that can begin before a company has a product, revenue or operating metrics. The focus at that point is on the founding team and the business it intends to create.

Its relationship with tax software company Numeral illustrates continued participation: Benchmark led the Series A and also joined the company’s Series C. The financing relationship can therefore extend beyond the initial institutional round.

Sources
Rounds participated in
15
Confirmed lead rounds
0
9 roles undisclosed
New companies
13
First participation on record · 2 follow-on
Funding in participating rounds
$3.8B
14 disclosed · full round size, not this investor’s share

By stage

Series B4
Series C+4
Seed3
Series A3
Undisclosed1

By primary sector

AI6
Enterprise software3
Space tech2
Defense tech1
Fintech1
2 more
Media & gaming1
Robotics1

By country

United States11
Brazil2
France1
Sweden1

Rounds

15 in all activity
Furientis

Low-cost interceptor systems and defensive munitions designed for modern air defense.

$25MSeed
Participant
Instinct

Develops a personal AI assistant that carries out everyday tasks through text and phone calls.

$1BSeries C
Participant
Numeral

AI-powered software that automates sales tax and VAT compliance for global businesses.

$100MSeries C
Participant
Sorare

A consumer fantasy-sports platform where fans collect, trade and play with officially licensed digital player cards.

>€10MUndisclosed equity financing
Participant
Instinct

Develops a personal AI assistant that carries out everyday tasks through text and phone calls.

$250MSeries B
Role not disclosed
Deep Cogito

Post-training research lab building reinforcement learning and self-improving AI models

$43MSeries A
Role not disclosed
Starcloud

Builds orbital data centers running AI GPU compute in space

$250MSeries A extension
Participant
Decade

AI-native wealth advisory pairing clients with human advisors and personalized AI

$85MSeed
Participant
Ollama

Ollama provides tools for developers to use open AI models.

$65MSeries B
Role not disclosed
Pax

Connects cameras, police records, and criminal databases into a unified AI intelligence platform for law enforcement

$40MSeed
Role not disclosed
Starcloud

Builds orbital data centers running AI GPU compute in space

$170MSeries A
Role not disclosed
Gumloop

Provides AI-powered automation tools for non-technical employees to build and deploy autonomous agents

$50MSeries B
Role not disclosed
Sunday

Builds household humanoid robot called Memo for tasks like laundry and clearing the table

$165MSeries B
Role not disclosed
Legora

Provides AI-powered legal workflow software for corporate legal teams and law firms

$550MSeries D
Role not disclosed
Cerebras Systems

Cerebras Systems develops computing infrastructure for AI.

$1BSeries H
Role not disclosed