Benchmark

Activity from announced rounds

Activity in this selectionEnterprise software

Benchmark is a venture investment partnership based in the San Francisco Bay Area, backing technology founders at seed and Series A and continuing with companies through later financings.

Partner Chetan Puttagunta describes its early investing as work that can begin before a company has a product, revenue or operating metrics. The focus at that point is on the founding team and the business it intends to create.

Its relationship with tax software company Numeral illustrates continued participation: Benchmark led the Series A and also joined the company’s Series C. The financing relationship can therefore extend beyond the initial institutional round.

Sources
Rounds participated in
12
Confirmed lead rounds
1
8 roles undisclosed
New companies
11
First participation on record · 1 follow-on
Funding in participating rounds
$3.6B
12 disclosed · full round size, not this investor’s share

By stage

Series C+5
Series B3
Seed2
Series A2

By primary sector

AI6
Enterprise software5
Space tech1

By country

United States9
Sweden2
Brazil1

Rounds

12 in this selection
Legora

Legora develops AI software for law firms and in-house legal teams.

$550MSeries E
Participant
Hone

Persistent AI systems that learn company workflows and work toward ongoing business goals.

$60MSeed
Lead
Numeral

AI-powered software that automates sales tax and VAT compliance for global businesses.

$100MSeries C
Participant
Instinct

Develops a personal AI assistant that carries out everyday tasks through text and phone calls.

$250MSeries B
Role not disclosed
Deep Cogito

Post-training research lab building reinforcement learning and self-improving AI models

$43MSeries A
Role not disclosed
Ollama

Ollama provides tools for developers to use open AI models.

$65MSeries B
Role not disclosed
Pax

Connects cameras, police records, and criminal databases into a unified AI intelligence platform for law enforcement

$40MSeed
Role not disclosed
Starcloud

Builds orbital data centers running AI GPU compute in space

$170MSeries A
Role not disclosed
Gumloop

Provides AI-powered automation tools for non-technical employees to build and deploy autonomous agents

$50MSeries B
Role not disclosed
Legora

Legora develops AI software for law firms and in-house legal teams.

$550MSeries D
Role not disclosed
Cerebras Systems

Cerebras Systems develops computing infrastructure for AI.

$1BSeries H
Role not disclosed
Airtable

Airtable helps teams build applications, organise shared data and automate business workflows.

$735MSeries F
Participant