Bessemer Venture Partners

Bessemer Venture Partners is a global multi-stage venture capital firm that traces its origins to 1911, when it was established as the family investment office of Henry Phipps Jr., co-founder of Carnegie Steel Company with Andrew Carnegie. The modern venture capital operations began in the early 1970s and Bessemer has since evolved into one of the most globally active venture capital franchises, with seventeen offices across the United States, India, Israel, Europe, and emerging markets. The firm manages more than $17 billion in assets under management and has backed more than 140 companies through initial public offerings. Bessemer is famous for its anti-portfolio: a list of companies the firm had the opportunity to invest in and declined, including Google, Amazon, Apple, eBay, Facebook, PayPal, and FedEx, which the firm publishes as an honest reflection on missed opportunities in a notoriously difficult profession. The firm publishes the State of the Cloud report annually, a definitive industry analysis of cloud software metrics and benchmarks used by founders, executives, and investors worldwide. Portfolio exits include Shopify, the Canadian commerce platform the firm backed as an early investor, which is publicly traded on the New York and Toronto stock exchanges; Twilio, the developer communications platform; LinkedIn, the professional network acquired by Microsoft; and PagerDuty. Beyond its original investments in Shopify, Twilio, and LinkedIn, the broader current portfolio includes Canva, Wix, Lob, Workiva, Box, and dozens of enterprise and consumer technology companies across all geographies.