VC firm Bessemer now has another $5.75B to invest in (what else?) AI

Bessemer Venture Partners said it raised $5.75 billion across two new funds to expand investments across the AI stack, allocating $1.75 billion for seed and early-stage startups and $4 billion for growth-stage companies. The firm highlighted its track record in enterprise software and said it has backed more than 260 AI-native companies since 2022 and invested roughly $3 billion into AI-related startups so far.

By AI Newsroom· Reviewed by Pranav, Founder & Editor-in-ChiefPublished about 2 hours agoUpdated about 2 hours ago0 views

VC firm Bessemer now has another $5.75B to invest in (what else?) AI

Why It Matters

The new capital underscores venture firms' continued emphasis on AI as a dominant investment theme and enables Bessemer to increase deployments across compute, infrastructure, models, developer tools, apps and agentic technologies. Bessemer also points to industry changes such as companies remaining private longer, which it calls a lasting structural shift affecting VC strategy.

Key Facts

Total new capital raised: $5.75 billion
Allocation by stage: $1.75 billion for seed and early-stage; $4 billion for growth-stage
Notable portfolio companies mentioned: Anthropic, Cognition, Legora, Perplexity, Ramp, Shopify, Waymo
AI investments since 2022: More than 260 AI-native companies
Total AI-related capital invested so far (per firm): $3 billion

Bessemer Venture Partners announced a $5.75 billion fundraising across two new vehicles on Wednesday, earmarking $1.75 billion for seed and early-stage investments and $4 billion for growth-stage companies. The firm said the fresh capital will be deployed across the full AI stack, including compute, infrastructure, foundation models, developer tools, app-layer startups and agentic technologies. Bessemer framed the initiative as an acceleration of its AI investing strategy.

The firm is no stranger to enterprise software investing and highlighted a portfolio that includes firms such as Anthropic, Cognition, Legora, Perplexity, Ramp, Shopify and Waymo. Bessemer reported it has participated in more than 260 AI-native company investments since 2022 and has invested about $3 billion in AI-related startups to date.

Bessemer Partner Byron Deeter said AI-native firms are scaling faster than any technology category the firm has backed before. Deeter also told Bloomberg that the lengthening of private company lifecycles has become "a permanent structural shift," a factor he said drives the need for larger venture funds.

The fundraising continues a broader trend among venture firms to expand war chests to pursue opportunities in artificial intelligence, an area Bessemer now identifies as its primary focus across stages and parts of the technology stack.