Firms

Benchmark

San Francisco, California, US

benchmark.com

signal.nfx.com

goldi.ai

Benchmark invests in and works alongside entrepreneurs building startups into transformational companies. They focus on early-stage venture investing in mobile, marketplaces, social, and infrastructure and enterprise software. Founded in 1995, the firm has offices in Woodside and San Francisco, California. The firm has been recognized for itscommitment to open source and is noted for creating the first equal ownership and compensation structure for its partners. The six equal general partners who take board seats and a hands-on approach to every entrepreneur and company they back, with no junior investment staff. Current general partners are Matt Cohler, Peter Fenton, Bill Gurley, Mitch Lasky, Eric Vishria, and Scott Belsky. Benchmark has had 37 exits since beginning of 2011; 14 IPOs and 23 M&As representing a total market value of more than $60 billion. Benchmark’s current portfolio of early-stage venture investments includes private market leaders such as Uber, Snapchat, Tinder, Stitch Fix, Elastic and Cyanogen; recent IPOs and acquisitions such as Twitter, Instagram, Yelp, League of Legends, Jasper, OpenTable, New Relic, Hortonworks, GrubHub, Zendesk and Zillow; and franchise companies from Juniper to eBay to Red Hat.

Founded: 1995
Type: Venture capital

Team

Everett Randle Benchmark, General Partner	$25M$500K – $150M	San Francisco Bay Area
Arad Naveh Benchmark, Partner	$8M$1M – $15M	Cupertino, California
Bill Gurley Benchmark, General Partner	$8M$1M – $15M	Menlo Park, California
Kevin Harvey Benchmark, General Partner	$8M$1M – $15M	Menlo Park, California
Alex Balkanski Benchmark, General Partner	$8M$1M – $15M	Redwood City, California
Bob Kagle Benchmark, General Partner	$8M$1M – $15M	Redwood City, California
Bruce Dunlevie Benchmark, General Partner	$8M$1M – $15M	San Francisco Bay Area
Chetan Puttagunta Benchmark, General Partner	$8M$1M – $15M	San Francisco Bay Area
Eric Vishria Benchmark, General Partner	$8M$1M – $15M	San Francisco Bay Area
Jason Droege Benchmark, Venture Partner	$8M$1M – $15M	San Francisco, California
Peter Fenton Benchmark, General Partner	$4M$2M – $20M	Palo Alto, California
Matt Cohler Benchmark, General Partner	$4M$2M – $20M	United States
Miles Grimshaw Benchmark, general_partner	$3M$500K – $10M	San Francisco, California
George Hu Benchmark, Venture Partner	$25K$5K – $50K	San Francisco, California
Jim Lanzone Benchmark, Executive-in-Residence	$25K$5K – $50K	San Francisco, California

Investments

$65M2026-07-09	Ollama	Y Combinator, Benchmark, 8VC, GTMfund, Garage Capital, 49 Palms Ventures
$50M2026-03-12	Gumloop	Y Combinator, Benchmark, First Round Capital, Shopify Ventures, Nexus Venture Partners, The Cannon Project, BoxGroup, First Round, Everett Randle, Liz Wessel, Abhishek Sharma
$165M2026-03-12	Sun Day Carwash	Bain Capital, Benchmark, Coatue Management LLC, Tiger Global Management, LLC
$550M2026-03-10	Legora	Accel, Bain Capital, Alkeon Capital Management, Benchmark, Redpoint Ventures, Menlo Ventures, Salesforce Ventures, General Catalyst, Bain Capital Ventures, Y Combinator, ICONIQ Capital, Elliott Robinson, Chetan Puttagunta, Sameer Dholakia, Zeynep Yavuz, Seth Pierrepont
$—2026-02-04	Cerebras Systems	Benchmark
$88M2026	Ollama	Y Combinator, Benchmark, 8VC, GTMfund, Garage Capital, 49 Palms Ventures
$—2025-11-19	Sun Day Carwash	Benchmark
$—2025-11-18	Agentio	Benchmark
$150M2025-10-30	Legora	General Catalyst, Benchmark, Redpoint Ventures, Iconiq Capital, LLC, Y Combinator, Bessemer Venture Partners, ICONIQ Capital, Elliott Robinson, Chetan Puttagunta, Sameer Dholakia, Zeynep Yavuz, Seth Pierrepont
$350M2025-10-27	Mercor	General Catalyst, Robinhood Ventures, Benchmark, Felicis
$350M2025-10-27	Mercor	General Catalyst, Robinhood Ventures, Benchmark, Felicis, Bill Gurley, Sundeep Peechu, Marc Bhargava, Max Rimpel
$—2025-10-21	LangChain	Sequoia, Benchmark, eCAPITAL Entrepreneurial Partners AG, Amplify Partners, Institutional Venture Partners, Sapphire Ventures
$75M2025-10-14	Reducto	Y Combinator, Benchmark, First Round Capital, BoxGroup, First Round, Jennifer Li, Chetan Puttagunta, Liz Wessel
$35M2025-09-18	Numeral	Y Combinator, Benchmark, Mantis VC, Uncork Capital, Mayfield Fund, Susan Liu
$100M2025-08-07	Decart	Sequoia, Benchmark, Zeev Ventures
$—2025-06-04	Sema4.ai	Benchmark
$—2025-05-21	Legora	General Catalyst, ICONIQ Capital, Benchmark, Redpoint Ventures, Iconiq Capital, LLC, Y Combinator
$24M2025-04-25	Reducto	Y Combinator, Benchmark, First Round Capital, BoxGroup, First Round
$100M2025-02-20	Mercor	General Catalyst, Benchmark, DST Global, Menlo Ventures, Felicis, Bill Gurley, Sundeep Peechu, Marc Bhargava, Max Rimpel
$—2025	Manus	Benchmark
$—2025	LangChain	Benchmark
$100M2025	Mercor.io Corporation	General Catalyst, Benchmark, DST Global, Menlo Ventures, G Squared, Felicis
$—2024-11-19	Agentio	Benchmark
$—2024-11-01	11x	Benchmark, Project A Ventures
$24M2024-09-16	11x	Benchmark, Lux Capital, Project A Ventures
$—2024-07-17	Leya	Y Combinator, Benchmark, Redpoint Ventures, Alt Capital, Wayfinder Ventures
$—2024-06-20	HeyGen	Benchmark
$—2024-05-01	Leya	Benchmark
$25M2024-03-27	Fireworks	Sequoia, Benchmark, Databricks Ventures
$—2024-01-30	Nile	Benchmark
$—2024-01-29	Sema4.ai	Benchmark
$—2024-01-26	Sierra	Sequoia, Benchmark
$—2024	Ollama	Y Combinator, Benchmark
$—2023-09-18	Levelpath	Benchmark
$—2023-02-07	Mindsdb	Benchmark
$—2023	LangChain	Amplify Partners, Benchmark
$—2022-09-29	Plane	Benchmark
$—2022-08-24	Benchling, Inc.	Benchmark
$—2022-06-16	Fellow Products	Benchmark
$—2022-05-26	Solv	Benchmark, Upfront Ventures
$—2022-05-11	Mothership	Benchmark
$20M2022-04-21	Glide	Benchmark, First Round
$105M2022-03-31	Docker	Bain Capital, Benchmark, Tribe Capital, Citi Ventures, Four Rivers Group, Vertex Growth Fund
$—2022-02-22	TimeScale	Benchmark
$—2022-01-27	HackerOne	Benchmark
$25M2022-01-01	Fireworks	Sequoia, Benchmark
$—2021-12-16	Cockroach Labs	Benchmark
$—2021-12-09	Plane	Benchmark
$—2021-10-06	Modern Treasury	Benchmark
$—2021-07-08	Popshop Live	Benchmark
$—2021-06-24	Chainalysis	Accel, Benchmark
$—2021-05-26	Commerce Layer	Benchmark
$—2021-05-25	AcuityMD	Benchmark
$—2021-05-05	TimeScale	Benchmark
$—2021-03-31	Manticore Games	Benchmark
$—2021-02-01	Sorare	Benchmark, Accel
$—2021	Airtable	Benchmark
$—2021	Sorare	Benchmark, Accel
$—2021	Airbyte	Accel, Benchmark
$—2021	Hipcamp	Andreessen Horowitz, Benchmark
$—2020-11-23	Chainalysis	Accel, Benchmark
$15M2020-10-14	Engageli	Benchmark, Alex Balkanski, Lip-Bu Tan
$—2020-10-01	Pixie Labs	Benchmark
$—2020-09-17	Imagine Impact	Benchmark
$185M2020-09-14	Airtable	Benchmark, BoxGroup, CRV
$86M2020-05-05	Cockroach Labs	Sequoia, Benchmark, Redpoint Ventures, Altimeter Capital Management, LP, GV, Index Ventures
$250M2020-04-21	Confluent	Sequoia, Benchmark, Coatue Management LLC, Franklin Templeton, Altimeter Capital Management, LP, Index Ventures
$—2020	Manticore	Benchmark
$—2020	Cockroach Labs	Benchmark
$—2020	Amplitude, Inc.	Sequoia, Benchmark, Battery Ventures, Lead Edge Capital, Sorenson Capital
$100M2020	Discord	General Catalyst, Benchmark, Accel, Index Ventures, Greenoaks Capital, IDG Capital, Bessemer Venture Partners
$—2019-12-01	Wildlife Studios	Benchmark
$—2019-11-13	Docker	Benchmark
$—2019-11-06	Digits	Benchmark
$—2019-11-04	Robocorp	Benchmark
$—2019-09-24	Manticore Games	Benchmark
$—2019-09-10	Nextdoor	Benchmark
$—2019-07-24	Hipcamp	Benchmark
$—2019-06-19	Duffel	Benchmark
$—2019-03-29	1stdibs	Benchmark
$88M2019-03-20	Ro	General Catalyst, Slow Ventures, Benchmark, Y Combinator, BoxGroup, Initialized Capital
$125M2019-01-23	Confluent	Sequoia, Benchmark, Index Ventures
$—2019	Manticore	Benchmark
$—2019	HackerOne	Benchmark
$—2019	Cockroach Labs	Benchmark, Work-Bench
$33M2018-12-06	Contentful	General Catalyst, Benchmark, Hercules Capital, Inc., Salesforce Ventures, OMERS Ventures, Balderton Capital
$50M2018-11-29	Asana	Founders Fund, Benchmark, 8VC, World Innovation Lab, Lead Edge Capital, Generation Investment Management LLP
$—2018-08-01	Ubiquity6	Benchmark, First Round
$—2018-06-14	Benchling, Inc.	Benchmark
$—2018-04-05	Chainalysis	Benchmark
$75M2018-01-04	Wealthfront	Benchmark, Matt Cohler
$—2018-01-01	Ubiquity6	Benchmark
$28M2017-12-04	Contentful	General Catalyst, Point Nine Capital, Balderton Capital, Benchmark, Suranga Chandratillake, Eric Vishria, Trevor Oelschig
$—2017-08-10	Amplitude, Inc.	Benchmark
$10M2017-07-11	Buoyant	Benchmark, DCVC
$—2017-04-19	Solv	Benchmark
$—2017-02-01	Bugsnag	Benchmark
$—2017-01-01	Discord	Benchmark
$—2017	Manticore	Benchmark
$—2016-12-19	Cerebras	Benchmark
$20M2016	Cockroach Labs	Sequoia, Benchmark, GV, Index Ventures
$52M2015-11-30	ResearchGate	Founders Fund, Benchmark, The Goldman Sachs Group, Inc., Four Rivers Group, LVMH Luxury Ventures
$58M2015-10-13	Optimizely	Bain Capital, Benchmark, Salesforce Ventures, Battery Ventures, Andreessen Horowitz, Y Combinator, Bain Capital Ventures, Peter Fenton
$—2015-07-07	Bugsnag	Benchmark
$95M2015-04-14	Docker	Sequoia, Benchmark, Coatue Management LLC, The Goldman Sachs Group, Inc., Greylock Partners, Trinity Ventures, Peter Fenton
$—2015-04-08	Domo	Benchmark, Andreessen Horowitz
$13M2015-03-11	Greenhouse	Benchmark, Felicis
$—2015-02-27	PlayFab	Benchmark
$24M2015	Confluent	Sequoia, Benchmark, Index Ventures
$58M2015	Optimizely	Bain Capital, Benchmark, Salesforce Ventures, Battery Ventures, Andreessen Horowitz, Y Combinator, Bain Capital Ventures
$6M2014-11-06	Confluent	Benchmark, DCVC
$—2014-10-28	Tinder	Benchmark
$—2014-09-10	Tinder	Benchmark
$—2014-05-28	HackerOne	Benchmark
$57M2014-05-05	Optimizely	Bain Capital, Benchmark, Y Combinator, Peter Fenton
$6M2014	Confluent	Sequoia, Benchmark
$2M2013-09-30	DoorDash	Khosla Ventures, CRV, Y Combinator, SV Angel, Pear VC, Benchmark
$—2013-08-22	Uber	Benchmark
$—2013-08-13	Stitch Fix	Benchmark
$—2013-08-01	Uber	Benchmark
$—2013-06-25	Hortonworks	Benchmark
$80M2013-06-22	Snap	General Catalyst, Benchmark, Institutional Venture Partners, Lightspeed, SV Angel
$35M2013-06-04	ResearchGate	Founders Fund, Benchmark, Dragoneer Investment Group, Thrive Capital, Tenaya Capital
$—2013-02-12	Nextdoor	Benchmark
$—2013-02-01	Snap	Benchmark
$—2013	Nextdoor	Benchmark
$—2013	Domo	Andreessen Horowitz, Benchmark
$35M2013	Wilocity	Sequoia, Benchmark, Qualcomm Ventures, Vintage Investment Partners, Jerusalem Venture Partners, S Capital VC
$50M2012-04-09	Instagram	Sequoia, Benchmark, Greylock Partners, Thrive Capital
$—2012-02-22	ResearchGate	Founders Fund, Benchmark, Accel, Matt Cohler
$—2012	Edmodo	Benchmark
$—2012	CloudPassage	Benchmark
$13M2012	Boku	Khosla Ventures, Benchmark, Andreessen Horowitz, Index Ventures, Telefonica
$37M2011-12-07	Uber	Benchmark, Matt Cohler, Bill Gurley, Matt Ocko, Zachary Bogue
$250M2011-10-18	Dropbox	Sequoia, Benchmark, The Goldman Sachs Group, Inc., Valiant Capital, Greylock Partners, Institutional Venture Partners, Accel, Matt Cohler
$50M2011-09-20	Grubhub	Lightspeed, DAG Ventures, Benchmark, Greenspring Associates, Bill Gurley
$—2011-09-05	One Medical	Benchmark
$11M2011-02-14	Uber	Sequoia, Benchmark, Bill Gurley, Rob Hayes
$—2011-02-10	Glassdoor, Inc.	Benchmark
$—2011	Edmodo	Benchmark
$11M2010-03-28	Quora	Benchmark, Matt Cohler
$20M2010	Wilocity	Sequoia, Benchmark, Vintage Investment Partners, Jerusalem Venture Partners, S Capital VC
$—2009-10-08	Engine Yard	Benchmark
$6M2009-08-18	Polyvore	Benchmark, Peter Fenton
$—2009-02-13	Twitter	Andreessen Horowitz, Benchmark
$—2008-03-01	Glassdoor, Inc.	Benchmark
$—2006-11-20	Newport Media	Benchmark
$—2006-10	Yelp	Benchmark
$—2006	Yelp	Benchmark
$—2000-10-23	OpenTable	Benchmark
$—Unknown date	Zillow	Benchmark
$—Unknown date	Towns Protocol	Benchmark
$—Unknown date	Supergreat	Benchmark
$—Unknown date	Quilter	Benchmark
$—Unknown date	Mint	Benchmark
$—Unknown date	Greptile	Benchmark
$—Unknown date	Gigya	Benchmark
$—Unknown date	DogVacay	Benchmark
$—Unknown date	Deep Cogito	Benchmark
$—Unknown date	Cambly	Benchmark
$—Unknown date	Art.com	Benchmark
$25MUnknown date	Legora	Y Combinator, Benchmark, Redpoint Ventures, Alt Capital, Wayfinder Ventures
$250MUnknown date	Instinct	Y Combinator, Benchmark, Index Ventures
$150MUnknown date	Airbyte	Y Combinator, Benchmark, Coatue Management LLC, Salesforce Ventures, Altimeter Capital Management, LP, Accel
$400MUnknown date	The Open Network Foundation	Sequoia, Benchmark, Kingsway Capital, Vy Capital, Karatage, SkyBridge Capital
$—Unknown date	Decart	Sequoia, Benchmark, Zeev Ventures
$175MUnknown date	Sierra	Sequoia, Benchmark, Iconiq Capital, LLC, Thrive Capital, Greenoaks Capital
$50MUnknown date	Confluent	Sequoia, Benchmark, Index Ventures
$153MUnknown date	Decart	Sequoia, Benchmark, Zeev Ventures
$—Unknown date	CouchSurfing	Point Nine Capital, Benchmark, Omidyar Network, Menlo Ventures, General Catalyst
$—Unknown date	Exa	Lightspeed, Benchmark, Y Combinator, NVentures
$50MUnknown date	Nicira	Lightspeed, VMware, Benchmark, New Enterprise Associates
$20MUnknown date	flowlabs	Khosla Ventures, Benchmark, Bessemer Venture Partners, Toba Capital
$—Unknown date	CouchSurfing	General Catalyst, Benchmark, Omidyar Network, Menlo Ventures, Point Nine Capital
$—Unknown date	Brighter	General Catalyst, Benchmark, Mayfield Fund, Tenaya Capital
$—2025-04-25	Butterfly Effect	Benchmark
$24M2024-09-16	11x AI	Benchmark, Lux Capital, Project A Ventures
$—2022-09-01	OVO Automotive	Benchmark
$—2022-03-24	Digits Financial, Inc.	Benchmark
$—2022	Digits Financial, Inc.	Benchmark
$—2021-12-16	cockroach	Benchmark
$—2021	Supaglue	Benchmark
$—2021	Popshop	Benchmark
$—2021	Hound Labs	Benchmark
$—2021	cockroach	Benchmark
$—2020-11-12	Solv Health	Benchmark
$—2020-09-17	Impact Creative Systems	Benchmark
$—2019-03-28	1stdibs.com	Benchmark
$—2019	Hound Labs	Benchmark
$—2016-01-01	Joya Communications	Benchmark
$—2015-09-30	Farmigo	Benchmark
$—2015	Greenroad	Amadeus Capital Partners, Benchmark
$—2014-11-25	Elance-oDesk	Benchmark
$—2014-06-05	ElasticSearch	Benchmark
$—2013-12-19	CyanogenMod	Benchmark
$—2013-10-04	Potbelly Sandwich	Benchmark
$—2013-09-18	Cyanogen	Benchmark
$—2012-12-18	Grockit	Benchmark
$—2012-12-11	Farmigo	Benchmark
$10M2012-11-08	ElasticSearch	Benchmark, DCVC
$—2012-06-21	NaturalMotion Games	Benchmark
$—2011-09-21	Stitcher	Benchmark
$—2011-07-27	Vringo, Inc.	Benchmark
$11M2010-02-18	Clicker	Benchmark, Bill Gurley
$—2010-02-02	Vivox	Benchmark
$—2010	Clicker	Benchmark
$—2008	Move Networks	Benchmark
$—2007-02-07	Move Networks	Benchmark
$16M2004	BridgeCo	Benchmark, Earlybird Venture Capital
$—2002	Mazu Networks	Benchmark
$—Unknown date	Zlango	Benchmark
$—Unknown date	Zillow Group Inc	Benchmark
$—Unknown date	Vontu	Benchmark
$—Unknown date	TuneWiki	Benchmark
$—Unknown date	SparkCloud	Benchmark
$—Unknown date	Poparazzi	Benchmark
$—Unknown date	Panaya	Benchmark
$—Unknown date	Outpost Games	Benchmark
$—Unknown date	NaturalMotion	Benchmark
$—Unknown date	Here Not There Labs	Benchmark
$—Unknown date	Fantex	Benchmark
$—Unknown date	Euclid Analytics	Benchmark
$—Unknown date	CTERA Networks	Benchmark

Team

Co-investing

Investments