Venture Capital Firms in Bay Area – Benchmark Capital – San Francisco, CA – 19/50

Venture Capital Firms in Bay Area – Benchmark Capital – San Francisco, CA – 19/50


Venture Capital Firms in Bay Area – Benchmark Capital – San Francisco, CA – 19/50

Early Stage
Other Areas of Focus: Cloud Computing, Consumer Services and Financial Services, Enterprise Software & Services, SaaS, Web Hosting
Total Capital: $1.25 billion
Notable Investments: Prosper, Wealthfront, Zopa, ZipRealty, Xapo, Zuora

Benchmark is a venture capital firm based in San Francisco that provides seed money to startups. The firm’s most successful investment was a 1997 investment of $6.7 million in eBay for 22.1% of the company. In 2011, it invested $12 million for an 11% stake in Uber, worth $7 billion in 2019.
Founded: May 1, 1995, Menlo Park, CA
Headquarters: Menlo Park, CA
Founders: Andy Rachleff, Bob Kagle, Kevin Harvey, Bruce Dunlevie
Key people: Matt Cohler, Peter Fenton, Bill Gurley, Mitch Lasky, Eric Vishria
Type of business: Limited liability company

Benchmark is a venture capital firm based in San Francisco that provides seed money to startups.

The firm’s most successful investment was a 1997 investment of $6.7 million in eBay for 22.1% of the company.[2] In 2011, it invested $12 million for an 11% stake in Uber, worth $7 billion in 2019.[3]

Successful companies funded by the firm includ e Dropbox,[4]Twitter, Uber,[5]Snapchat,[6]Instagram,[7]Discord,[8]Domo,[9]New Relic,[10]Nextdoor,[11]Stitch Fix,[12]WeWork,[13]Yelp,[14]Zendesk,[15]Zillow[16] and Zipcar.[17]

Since early 2011, Benchmark has had 37 exits, including 14 IPOs and 23 mergers and acquisitions, representing a total market value of more than $60 billion.[18] By 2015, Benchmark’s eight funds had paid out $22.6 billion to investors, and its backers received a 1,000% gain net of fees over the prior decade.[4]

The firm manages nearly $3 billion in committed capital and has been widely recognized for its commitment to the open-source model.[19]

Benchmark Capital Advisory UK
Benchmark Capital is a technology-led, high-quality adviser support business based in the UK.
Categories  Finance, Financial Services, Information Technology
Headquarters Regions  European Union (EU)
Founded Date 2003
Founders  Ian Cooke
Operating Status Active
Last Funding Type Corporate Round

Benchmark Capital was formed in 2015 with a mission to power the highest quality firms in the Financial Services profession.

Our Group companies bring together all the jigsaw pieces in an otherwise fragmented industry. Our best-in-class technology solutions, discretionary platform and support services provide competitive advantage to over 120 leading National and Regional firms.

Benchmark
Type
Limited liability company
Industry Private equity
Founded 1995; 24 years ago
Founder Bob Kagle
Bruce Dunlevie
Andy Rachleff
Kevin Harvey
Headquarters San Francisco, California, United States
Key people
Matt Cohler, General Partner
Peter Fenton, General Partner
Bill Gurley, General Partner
Mitch Lasky, General Partner
Eric Vishria, General Partner
Chetan Puttagunta, General Partner
Sarah Tavel, General Partner
Website www.benchmark.com