Boldstart Ventures

Bond Capital, stylized BOND, is a San Francisco-based growth equity firm founded in January 2019 by Mary Meeker, the former Morgan Stanley internet analyst widely known as the Queen of the Internet, alongside co-founders Mood Rowghani, Noah Knauf, and Juliet de Baubigny. The firm was established as a spinout of the Kleiner Perkins Digital Growth Fund, where Meeker had managed growth-stage technology investments since 2010. Bond focuses on high-growth internet companies across consumer, enterprise, and emerging technology sectors, investing at the later stages of company development from Series B through growth rounds with initial checks from $10 million to $50 million. The firm has raised three successive funds totalling $5.75 billion: $1.25 billion for Fund I in 2019, $2 billion for Fund II in 2021, and $2.5 billion for Fund III in 2022. Meeker's annual Internet Trends Report, which she published from 1995 through her transition to venture investing, was one of the most closely watched documents in technology investing history and remains a benchmark analytical framework for the industry. Bond's investment philosophy centers on backing visionary founders in companies that are building transformative internet businesses and supporting them as long-term partners through their full growth lifecycle. Portfolio companies include Canva, the Australian design platform which Bond backed at a $2.5 billion valuation as its first investment, and which has since grown to approximately $49 billion; Stripe; Airbnb; Hopin; Applied Intuition; and Checkr. Beyond its original investments in Canva, Hopin, Postmates, and Stripe, the portfolio spans consumer internet, SaaS, fintech, and AI-native businesses.