Bessemer Venture Partners

$9 billion under management

Bessemer Venture Partners is an American venture capital firm that was founded in 1911. The company’s founder was Henry Phipps, who was also a co-founder of Carnegie Steel.

Up to 1974, it had been called Bessemer Securities and it had been managed on a family basis. In 1974, Bessemer Venture Partners was established, and the company went beyond the family’s borders. In a year, the firm’s office in Silicon Valley was opened. In ten years, Bessemer Venture Partners expanded its presence to Boston and started its investments in life and science.

At the beginning of the 21st century, in 2003, Bessemer Venture Partners began its operations abroad. First, it was India. Then, in 2007, the firm expanded to Israel.

Bessemer Venture Partners’ Investments

As of 2018, the company established a seed fund for start-ups focusing on applying machine learning to health. In the same year, the company was managed to raise the largest fund, tenth, at $1.85 billion. Moreover, this year the company founded the BVP Nasdaq Emerging Cloud Index in partnership with NASDAQ. This index was created to monitor the performance of emerging public companies that provides cloud software. For growth-stage companies, the company raised $525 million in 2019. Bessemer Venture Partners has offices in the USA – San Francisco, Redwood City, New York City, Boston. As well as the company has its presence abroad – Israel, and India. Bessemer Venture Partners invests in seed, early, and growth-stage companies. It mainly focuses on enterprise, consumer, and healthcare sectors

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