Benchmark

Activity from announced rounds

Activity in this selectionSeries C+

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
6
Confirmed lead rounds
0
2 roles undisclosed
New companies
4
First participation on record · 2 follow-on
Funding in participating rounds
$3.9B
6 disclosed · full round size, not this investor’s share

By stage

Series C+6

By primary sector

Enterprise software4
AI2

By country

United States4
Sweden2

Rounds

6 in this selection
Legora

Legora develops AI software for law firms and in-house legal teams.

$550MSeries E
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
Legora

Legora develops AI software for law firms and in-house legal teams.

$550MSeries D
Role not disclosed
Cerebras Systems

Cerebras Systems develops computing infrastructure for AI.

$1BSeries H
Role not disclosed
Airtable

Airtable helps teams build applications, organise shared data and automate business workflows.

$735MSeries F
Participant