Key facts
- Bessemer Venture Partners has raised $5.75 billion for AI investments.
- The funds are split into $1.75 billion for seed and early-stage companies and $4 billion for growth startups.
- Bessemer has invested $3 billion into AI-related startups since 2022.
- The firm has backed companies including Anthropic, Cognition, and Perplexity.
Bessemer Venture Partners announced on Wednesday, September 23, 2026, that it has raised $5.75 billion across two new funds to accelerate its investments in artificial intelligence. The firm will dedicate $1.75 billion for seed and early-stage investing and the remaining $4 billion for growth startups, targeting all segments of the AI stack.
Bessemer, known for its success in the SaaS era with investments in companies like Box, DocuSign, and Gainsight, has significantly increased its focus on AI. Since 2022, the firm has invested in over 260 AI-native companies, deploying $3 billion into startups focused on compute, infrastructure, foundation models, developer tools, application layers, and agentic technology.
Bessemer Partner Byron Deeter stated that AI-native companies are scaling faster than any previous technology category the firm has backed. He also noted to Bloomberg that venture capital firms need to maintain large war chests due to a "permanent structural shift" of companies remaining private for longer periods.