Benchmark Capital

Venture Capital Est. 1995
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≈USD 7.58B
Firm FUM
Private-fund gross assets, stated by SEC Form ADV, 2026 · source
Type
Venture Capital
HQ
San Francisco, CA, United States
Founded
1995
Last fundraise
2026 (USD 2B)

About

Benchmark Capital is a US-based venture capital firm that has invested in some of the most successful startups in the last twenty years. Benchmark Capital is one of the most recognized, successful, and unique venture firms in Silicon Valley. we focus on social, mobile, local and cloud startups. It has a flat hierarchy with no CEO, and an equal ownership and compensation structure among its six full-time partners. It remains primarily focused on American technology startups. Benchmark Capital was founded in 1995 by four partners: Bob Kagle, Bruce Dunlevie, Andy Rachleff and Kevin Harvey.

Strategies

Venture Capital

Investment Focus

Investment size
USD 1M - USD 15M

Reported investment size. Actual commitments may vary by stage, ownership and follow-on participation.

Investment Stages
Stages
Series A Series B
Investment Geographies
Primary Markets
United States
Coverage
Country-focused
Regions
North America

Coverage is a guide only.

Location

Headquarters
San Francisco, CA, United States
More investors with offices in San Francisco
Office Presence
1 country
United States
2 known offices
San Francisco, CA, United States (HQ)
Woodside, CA, United States

Fundraising

Early-Stage and Growth Funds
Jun 4, 2026
USD 2B

Deals & Activity

Tracked Deals
2
Most common deal types
Series A (1) Unknown (1)
Recent tracked deals
Cerebras Systems
2026
$225M
Starcloud
Series A - 2026
$170M

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