With every new investment this year came a new beginning for Bessemer, including some exciting inflection points for our leaders and companies.
- 5 IPOs: Pinterest, PagerDuty, Fiverr, Life360, and TeamViewer
- Notable highlights: Anaqua was acquired by Astorg, Dynamic Yield was acquired by McDonald’s, Habana Labs was acquired by Intel, SendGrid was acquired by Twilio, United Capital was acquired by Goldman Sachs, Verodin acquired by FireEye, and Viagogo entered an agreement to acquire StubHub.
- Over 30 new companies joined our portfolio
- $6 billion, total assets under management: In addition to BVP X, our $1.85 billion fund, we launched a $525 million growth fund. To lead Bessemer’s growth practice, we welcomed Elliott Robinson as our newest partner.
From early-stage to growth, we’re honored to be part of our founders’ stories.
Bessemer’s backstory on Pinterest–from Series A to IPO: Jeremy Levine remembers meeting Ben and Evan in a small Palo Alto apartment on a rainy day before writing Pinterest’s Series A check.
How PagerDuty became the central nervous system for digital operations: Ethan Kurzweil shares what it was like to invest early in the DevOps category, and explains the forces that vaulted PagerDuty to market leadership.
Fiverr’s evolution into a global marketplace for digital services: Adam Fisher explains the marketplace dynamics that underpin Fiverr’s thriving freelancer economy and what made the company “crazy enough” to work.