Firms

Benchmark

San Francisco, California, US

benchmark.com

signal.nfx.com

goldi.ai

Venture firm founded in 1995 with offices in San Francisco and Woodside. Verified company announcements establish semiconductor, electronics-design automation and robotics investments. Public 2026 reporting describes separate early-stage and growth vehicles. The old Signal partner roster and private-company status descriptions are historical and are not verified as current.

Founded: 1995
Type: Venture capital

Funds2

First growth fund2026-06-042026-06-04—
Axios reports effectively closed USD1.25B growth fund; exact legal name/final close not established. Distinct from flagshipXII and Cerebras SPVs.
Flagship XII2026-06-042026-06-04—
Axios reports effectively closed USD750M early-stage fund; exact legal name/final closing documents not reviewed. Amount null pending final-close confirmation.

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	Sunday	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
$1B2026-02-04	Cerebras Systems	Benchmark
$88M2026	Ollama	Y Combinator, Benchmark, 8VC, GTMfund, Garage Capital, 49 Palms Ventures
$35M2025-11-19	Sunday	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
$25M2025-10-06	Quilter	Benchmark
$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
$19M2024-11-20	New Lantern	Benchmark, Eric Vishria, Afore Capital, Neo, SV Angel, Menlo Ventures, Guillermo Rauch
$—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, Eclipse
$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	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
$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
$250MUnknown date	Unresolved imported financing claim — Instinct AI Series B; YC participation unverified	Y Combinator, Benchmark, Index Ventures

team@apexlogos.aiyesterday
Investment-fund research reviewed 2026-10-06. Publicly identified funds, dates, amounts and fundraising status are below. Undisclosed commitments remain unknown; this is not a complete register of private SPVs or parallel entities. Fund size and stages | Evidence date | Amount / vehicle / status | Source | | --- | --- | --- | | 2026-06-04 | Reported effectively closed: USD 750m flagship XII, early-stage; USD 1.25bn first growth fund. | [Axios](https://www.axios.com/2026/06/04/benchmark-2-billion-vc-funds) | | 2024-07-09 | Historical fund: USD 425m raised; numbering unverified here. | [Axios](https://www.axios.com/2024/07/09/benchmark-raises-425-million-fund) | | 2026-02-06 | Benchmark reportedly raised separate Cerebras vehicles; its investment totaled at least USD 225m. | [TechCrunch](https://techcrunch.com/2026/02/06/benchmark-raises-225m-in-special-funds-to-double-down-on-cerebras/) | These are latest-known public reports located in this review, not independently inspected closing documents. The growth vehicle adds later-stage capacity ([TechCrunch, 2026-06-03](https://techcrunch.com/2026/06/03/benchmark-raises-its-first-ever-growth-fund-as-part-of-2b-capital-raise/)). Exact legal fund names, final closing dates, AUM and current check-size policy were not established. Company financing totals below are round sizes, not Benchmark checks. Special-purpose commitments must remain separate from commingled funds and AUM. Current public evidence supports early-stage and growth strategies. Historically, official company announcements demonstrate Series A leads and Series B/H participation; follow-ons do not establish a universal initial-entry mandate. Signal's early-stage description alone no longer captures all reported vehicles. No independent current pre-seed mandate or standardized check range was verified. Funds recorded in Adex after this review: | Fund | Disclosed amount | Announcement / filing date | | --- | --- | --- | | First growth fund | Undisclosed / unverified | 2026-06-04 | | Flagship XII | Undisclosed / unverified | 2026-06-04 |
team@apexlogos.ai2 days ago
Match research 2026-10-06 / Benchmark / sha256:d0eae044d3eb3293825ea66202b59a9fbdbe62ba49cb0a11497da51b5fb84bd3 / part 2 of 2 Imported completed research. Baseline Adex/Signal statements describe prior state, not independent verification. Retain cited attribution, date, currency and classification caveats. 5. **Fund fields:** older historical fund caps and early-stage-only language require reconciliation with 2026 reports. Verify legal names and filings before recording final fund-close facts. Do not sum historic vintages, special vehicles and current vehicles into AUM. 6. **Match rationale:** evidence supports selected semiconductor, EDA and robotics investments. Neurotech specialization is unestablished; preserve this uncertainty in a later review. BioTech categorization deserves source-specific review rather than automatic deletion. 7. **Coverage limitation:** no full audit of all 223 saved investments; weak aggregator-only claims and ordinary marketplaces/SaaS were excluded from deep-tech evidence. No Adex/database changes were made.
team@apexlogos.ai2 days ago
Match research 2026-10-06 / Benchmark / sha256:d0eae044d3eb3293825ea66202b59a9fbdbe62ba49cb0a11497da51b5fb84bd3 / part 1 of 2 Imported completed research. Baseline Adex/Signal statements describe prior state, not independent verification. Retain cited attribution, date, currency and classification caveats. # Benchmark - **Exact ID:** `Benchmark` - **Adex URL:** https://adex.page/firms/Benchmark - **Research date / all web accesses:** 2026-10-06 - **Identity:** Silicon Valley venture firm at benchmark.com; distinct from Benchmark Electronics at bench.com. - **Assessment:** Verified deep-tech exposure includes wafer-scale AI processors, physics-based circuit-board automation and autonomous household robotics. Direct neurotech exposure was not verified. Public fund reporting indicates an expanded mandate requiring review of the older early-stage-only description. ## Starting evidence: Adex and NFX Signal Read the exact-ID snapshot `data/research/_sources/Benchmark.adex.json`, retrieved 2026-10-06T19:29:47.706Z. It contains 223 investment participations, null check minimum/maximum/sweet spot, historical and duplicate partner roles, and a description of early-stage mobile, marketplaces, social and infrastructure/enterprise software. The BioTech sector tag comes from a broad Signal investor ranking rather than established brain-interface specialization. These are leads, not independent verification. [NFX Signal firm page](https://signal.nfx.com/firms/benchmark), undated, was directly read. Its historical description substantially matches Adex: founded 1995, early-stage software focus and California offices. It still names Matt Cohler, Bill Gurley, Mitch Lasky and Scott Belsky among its purported current partners and describes now-public companies as private. Do not import this roster or portfolio-status language as current. The rendered team section did not provide usable current investor profiles; no Signal check size or direct neurotech claim was verified. The co-investor list alone establishes neither investment attribution nor sector specialization. [Official homepage](https://www.benchmark.com/), undated, directly confirms San Francisco and Woodside addresses but exposes almost no strategy, fund or portfolio text. Reputable reporting and company announcements therefore supply the substantive evidence below. ## Fund size and stages | Evidence date | Amount / vehicle / status | Source | | --- | --- | --- | | 2026-06-04 | Reported effectively closed: USD 750m flagship XII, early-stage; USD 1.25bn first growth fund. | [Axios](https://www.axios.com/2026/06/04/benchmark-2-billion-vc-funds) | | 2024-07-09 | Historical fund: USD 425m raised; numbering unverified here. | [Axios](https://www.axios.com/2024/07/09/benchmark-raises-425-million-fund) | | 2026-02-06 | Benchmark reportedly raised separate Cerebras vehicles; its investment totaled at least USD 225m. | [TechCrunch](https://techcrunch.com/2026/02/06/benchmark-raises-225m-in-special-funds-to-double-down-on-cerebras/) | These are latest-known public reports located in this review, not independently inspected closing documents. The growth vehicle adds later-stage capacity ([TechCrunch, 2026-06-03](https://techcrunch.com/2026/06/03/benchmark-raises-its-first-ever-growth-fund-as-part-of-2b-capital-raise/)). Exact legal fund names, final closing dates, AUM and current check-size policy were not established. Company financing totals below are round sizes, not Benchmark checks. Special-purpose commitments must remain separate from commingled funds and AUM. Current public evidence supports early-stage and growth strategies. Historically, official company announcements demonstrate Series A leads and Series B/H participation; follow-ons do not establish a universal initial-entry mandate. Signal's early-stage description alone no longer captures all reported vehicles. No independent current pre-seed mandate or standardized check range was verified. ## Named previous deep-tech investments | Company / technology rationale | Firm attribution and supported transaction | Dated supporting evidence | | --- | --- | --- | | **Cerebras Systems:** custom wafer-scale AI processors, a semiconductor architecture rather than ordinary SaaS. Neural-network computation is not human neural interfacing. | Benchmark explicitly participated in a closed USD 1bn Series H led by Tiger Global. Benchmark's individual contribution is not disclosed by the company. | [Cerebras official release](https://investors.cerebras.ai/news-releases/news-release-details/cerebras-systems-raises-1-billion-series-h), page dated 2026-02-04; body dateline 2026-02-03. The date discrepancy should be preserved rather than silently resolved. | | **Quilter:** autonomous PCB layout using physics simulation and reinforcement learning, with CAD kernels and electromagnetics/manufacturing constraints. This is substantive electronics-design technology. | USD 10m Series A led by Benchmark; Eric Vishria joined the board representing Benchmark. Subsequent USD 25m Series B led by Index; official announcement references the continuing Benchmark relationship, while Axios explicitly lists Benchmark participation. | [Official Series A](https://www.quilter.ai/blog/series-a), 2024-02-12; [official Series B](https://www.quilter.ai/blog/series-b), 2025-10-06; [Axios participation corroboration](https://www.axios.com/newsletters/axios-pro-rata-f52d2ccf-ccfd-4964-a691-4dd4f7f33636), 2025 (exact newsletter date not established). | | **Sunday / Sunday Robotics:** Memo household robot, embodied manipulation learning and proprietary training-data capture; directly hardware/robotics rather than a carwash business. | Official launch describes USD 35m backing from Benchmark and Conviction without explicitly naming the round stage. Official 2026 announcement names Benchmark among participants in USD 165m Series B led by Coatue. | [Sunday official launch distributed by GlobeNewswire](https://www.globenewswire.com/news-release/2025/11/19/3191274/0/en/Sunday-Launches-Memo-the-Robot-That-Actually-Learns-Your-Home.html), 2025-11-19; [official Series B](https://www.globenewswire.com/news-release/2026/03/12/3254877/0/en/Sunday-Raises-165M-to-Launch-First-Autonomous-Robots-by-Thanksgiving.html), 2026-03-12. | The technology classifications are research judgments grounded in the companies' described products. Performance and deployment claims remain company claims, not independently validated engineering results. These examples establish actual firm participation, not an exhaustive deep-tech portfolio. ## Neurotech and attribution exclusions **No verified neurotech investment found in the sources checked.** Checked the saved investment leads, directly accessible Signal and official firm page, official announcements above, and searches combining Benchmark with neurotechnology/brain/startup investing. This finding describes search coverage, not proof of an absent portfolio. A potentially misleading search result is [“CoMind Partners with Benchmark”](https://www.bench.com/setting-the-benchmark/benchmark-partners-with-comind-to-develop-groundbreaking-non-invasive-brain-monitoring-device), 2025-10-22. The page identifies **Benchmark Electronics**, a product-development/manufacturing company, as CoMind's engineering/manufacturing partner. It does not attribute a venture investment to this Benchmark firm. CoMind's brain-monitoring technology therefore must not become a neurotech investment in this record. Cerebras' artificial neural networks and Quilter's reinforcement learning do not measure or stimulate the human nervous system. Broad biotech ranking membership also does not establish BCI/neurotech investments. No personal investments or investments made at partners' prior employers are attributed to Benchmark here. ## Conflicts, gaps and concrete Adex review notes 1. **Entity mapping error:** snapshot maps both 2025-11-19 robotics backing and 2026-03-12 robotics Series B to `SunDayCarwash`. The official releases concern Sunday, founded by Tony Zhao and Cheng Chi, developing Memo. Later review should repair attribution to the correct robotics entity after resolving its actual ID. 2. **Amount semantics:** Quilter's snapshot stores USD 25m in the participation `amount` while leaving `roundAmount` null. The evidence establishes the whole Series B, not Benchmark's check. Sunday USD 35m has the same risk. Do not treat these as firm-specific contributions. 3. **Dates/stages:** fill Quilter A/B dates from primary evidence; retain Sunday's 2025 stage as unspecified until stronger source evidence resolves conflicting aggregator seed/Series A labels. Cerebras page/body dates differ by one day. 4. **Description/roles:** Signal and Adex repeat stale portfolio and partner language; duplicated historical roles with null end dates should be individually reviewed, not treated as a current team. This report does not attempt a complete roster audit.
team@apexlogos.ai24 days ago
MATCH

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