# Benchmark: portfolio, investments and team

> Benchmark is a vc firm based in United States. 587 investments on record, 34 in the last 12 months, latest Oct 2026. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/benchmark (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# Benchmark

Last cheque observed Oct 2026; 587 cheques on record.

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Deploying now New fund $86M, Oct 2026 VC firm

Seed Series A Series B Productivity Tools Platform Software

Follow Benchmark and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fbenchmark)

Deploying now

**87%** of best year **34** **cheques in 12 months**, 587 on record

Since the last cheque **10** days **00** hrs **00** min **00** sec

Median round **$30M** Cheque size, as they say **$100K – $30M** Rounds led **18 of 587** Sole investor **50 rounds** Exits **87 from the portfolio** Mostly in **United States, 83%**

Pitch Benchmark

## Benchmark highlights

- 01 34 cheques in the last 12 months
- 02 Mostly Series B and Series A: 52% of its rounds
- 03 Sole investor in 50 rounds, median $7.3M
- 04 87 exits from the portfolio

## What they do

> Filed 1 private fund offerings with the SEC, the most recent in 2024-07 From their own website

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** $100K – $30M as they say
- **Stages:** Seed Series A Series B Growth Pre-IPO
- **Sectors:** Productivity Tools Platform Software
- **Based in:** Woodside, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **587 appearances**

- **2026** 30 rounds
- **Oct** **[Legora](https://millionrounds.com/company/legora)** Series E · SE · Google News search **$550M** With 17 others
- **Oct** **[Skyroot Aerospace](https://millionrounds.com/company/skyroot-aerospace)** IN · The Economic Times: startups **$300M** With 2 others
- **Oct** **[Hone](https://millionrounds.com/company/hone)** Seed · US · Trending Topics **$60M** *Led*
- **Oct** **[Furientis](https://millionrounds.com/company/furientis)** Seed · US · Leap Ventures **$25M** *Led*
- **Sept** **[Numeral](https://millionrounds.com/company/numeral)** Series C · US · Ventureburn **$100M** With 7 others
- **Sept** **[Cognition](https://millionrounds.com/company/cognition)** Series E · US · TechCrunch **$2.0B** With 18 others
- **Sept** **[webAI](https://millionrounds.com/company/webai)** Venture · US **$30M** With 1 other
- **Sept** **[Sorare](https://millionrounds.com/company/sorare)** Venture · FR **$680M** With 3 others
- **Aug** **[Instinct](https://millionrounds.com/company/instinct)** Series B · US · Crunchbase News **$250M** *Led*
- **Aug** **[Deep Cogito](https://millionrounds.com/company/deep-cogito)** Series A · US · Ventureburn **$43M** With 5 others
- **Aug** **[Starcloud](https://millionrounds.com/company/starcloud)** Series A · US · Monte Carlo Capital **$250M** With 14 others
- **Aug** **[Decade](https://millionrounds.com/company/decade)** Seed · BR · LatamList **$85M** *Led*
- **Jul** **[Ollama](https://millionrounds.com/company/ollama)** Series B · TechCrunch **$65M** With 6 others
- **Jun** **[fomo](https://millionrounds.com/company/fomo)** Series B · US · AlleyWatch **$75M** With 5 others
- **Jun** **[Board](https://millionrounds.com/company/board)** Series A · US · TechCrunch **$20M** With 6 others
- **May** **[Pax](https://millionrounds.com/company/pax)** Seed · LatamList **$40M** *Led*
- **May** **[Sierra](https://millionrounds.com/company/sierra)** Series E · US · Crunchbase News **$950M** With 5 others
- **May** **[Monaco](https://millionrounds.com/company/monaco)** Series B · US **$50M** With 3 others
- **May** **[Exa](https://millionrounds.com/company/exa)** Series C · US **$85M** With 3 others
- **Apr** **[Legora](https://millionrounds.com/company/legora)** Series D · SE · Crunchbase News **$50M** With 7 others
- **Apr** **[AcuityMD](https://millionrounds.com/company/acuitymd)** Series C · US · Ventureburn **$80M** With 4 others
- **Apr** **[Eigen](https://millionrounds.com/company/eigen)** Seed · US · Ventureburn **$15M** *Led*
- **Apr** **[Starcloud](https://millionrounds.com/company/starcloud)** Series A · US · Monte Carlo Capital **$170M** *Led*
- **Apr** **[Deep Cogito](https://millionrounds.com/company/deep-cogito)** Series A · US **$40M** With 1 other
- **Apr** **[Applied Compute](https://millionrounds.com/company/applied-compute)** Venture · US **$80M** With 4 others
- **Mar** **[Sunday](https://millionrounds.com/company/sunday)** Series B · US · TechCrunch **$165M** With 3 others
- **Mar** **[Gumloop](https://millionrounds.com/company/gumloop)** Series B · TechCrunch **$50M** *Led*
- **Mar** **[Legora](https://millionrounds.com/company/legora)** Series D · SE · Crunchbase News **$550M** With 13 others
- **Feb** **[Cerebras Systems](https://millionrounds.com/company/cerebras-systems)** US · TechCrunch **$1.0B** With 7 others
- **Jan** **[webAI](https://millionrounds.com/company/webai)** Venture · US **Undisclosed** With 3 others
- **2025** 27 rounds
- **Nov** **[Ramp](https://millionrounds.com/company/ramp)** US · Crunchbase News **$300M** With 25 others
- **Nov** **[Agentio](https://millionrounds.com/company/agentio)** Series B · US · TechCrunch **$40M** With 6 others
- **Nov** **[Fomo](https://millionrounds.com/company/fomo)** Series A · TechCrunch **$17M** *Led*
- **Nov** **[Sunday](https://millionrounds.com/company/sunday)** Venture · US **$35M** Sole investor
- **Oct** **[Mercor](https://millionrounds.com/company/mercor)** Series C · US · Google News search **$350M** With 6 others
- **Oct** **[Mem0](https://millionrounds.com/company/mem0)** Series A · US · TechCrunch **$20M** With 14 others
- **Oct** **[Doctronic](https://millionrounds.com/company/doctronic)** Series A · US · AlleyWatch **$20M** With 8 others
- **Oct** **[LangChain](https://millionrounds.com/company/langchain)** Series B · US · TechCrunch **$125M** With 7 others
- **Oct** **[Quilter](https://millionrounds.com/company/quilter)** Series B · US **$25M** With 3 others
- **Oct** **[Summation](https://millionrounds.com/company/summation)** Series A · US **$21M** With 1 other

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **24 named**

AR **Amber R. Ramsey** Director i Filing they signed

AH **An-Yen H. Hu** Managing Member of the General Partner i Filing they signed

BB **Blair Brinkley** Director i Filing they signed

BW **Bruce W. Dunlevie** Managing Member of the General Partner. i Filing they signed

CW **Chetan William Puttagunta** Managing Member of the General Partner i Filing they signed

EM **Eric M. Vishria** Managing Member of the General Partner i Filing they signed

ER **Everett Randle** Managing Member of the General Partner i Filing they signed

JW **J. William Gurley** Managing Member of the General Partner. i Filing they signed

JA **Jack Altman** Managing Member of the General Partner i Filing they signed

JJ **John J. D'Agostino** Director i Filing they signed

JC **Judd C. Lee** Chief Financial Officer and Chief Compliance Officer of Benchmark Plus Management, LLC, the Issuer's General Partner i Filing they signed

KR **Kevin R. Harvey** Managing Member of the General Partner. i Filing they signed

MC **Matt Cohler** Managing Member of the General Partner. i Filing they signed

MR **Matthew R. Cohler** Managing Member of the General Partner i Filing they signed

MH **Mitchell H. Lasky** Managing Member of the General Partner. i Filing they signed

NR **Niall R. O'Dowd** Director i Filing they signed

PH **Peter H. Fenton** Managing Member of the General Partner. i Filing they signed

RF **Robert Ferguson** Executive officer of Benchmark Plus Management, LLC, the Investment Manager i Filing they signed

RG **Ronan Guilfoyle** Director i Filing they signed

SE **Sarah Emily Tavel** Managing Member of the General Partner i Filing they signed

SF **Scott Franzblau** Executive officer of Benchmark Plus Management, LLC, the Investment Manager i Filing they signed

SR **Stephen R. Westphal** Director and Executive officer of Benchmark Plus Management, LLC, the Investment Manager i Filing they signed

SA **Steven A. Carroll** Executive officer of Benchmark Plus Management, LLC, the Investment Manager i Filing they signed

SM **Steven M. Spurlock** Managing Member of the General Partner. i Filing they signed

We also hold **45** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**$7.6B** gross assets of its funds Oct 2026

**Exempt** reporting adviser venture or small private funds

- **Legal name:** Benchmark Capital Holdings Co. LLC
- **SEC number:** CRD 160352

## Exits from the portfolio

Companies it backed that were later bought or listed **87 in all**

**[LiveOps](https://millionrounds.com/company/liveops)** Bought by [Marlin Equity Partners](https://millionrounds.com/fund/marlin-equity-partners) **Undisclosed** Dec 2015

**[Cover](https://millionrounds.com/company/cover)** Bought by [Velocity](https://millionrounds.com/fund/velocity) **Undisclosed** Sept 2015

**[Good Technology](https://millionrounds.com/company/good-technology)** Bought by [BlackBerry](https://millionrounds.com/fund/cylance) **$425M** Sept 2015

**[Zimbra](https://millionrounds.com/company/zimbra)** Bought by Synacor **$25M** Aug 2015

**[Polyvore](https://millionrounds.com/company/polyvore)** Bought by [Yahoo!](https://millionrounds.com/fund/yahoo) **$200M** Jul 2015

**[Path](https://millionrounds.com/company/path)** Bought by [Daum Kakao](https://millionrounds.com/fund/daum-kakao) **Undisclosed** May 2015

**[Vessel](https://millionrounds.com/company/vessel)** Bought by [Marketo](https://millionrounds.com/fund/marketo) **Undisclosed** May 2015

**[Panaya](https://millionrounds.com/company/panaya)** Bought by [Infosys](https://millionrounds.com/fund/infosys) **$230M** Feb 2015

**[Pentaho](https://millionrounds.com/company/pentaho)** Bought by [Hitachi Data Systems](https://millionrounds.com/fund/hitachi-data-systems) **Undisclosed** Feb 2015

**[Enverv](https://millionrounds.com/company/enverv)** Bought by [Semtech](https://millionrounds.com/fund/semtech) **Undisclosed** Jan 2015

**[3V Transaction Services](https://millionrounds.com/company/3v-transaction-services)** Bought by SafeCharge **Undisclosed** Dec 2014

**[Stitcher](https://millionrounds.com/company/stitcher)** Bought by [Deezer](https://millionrounds.com/fund/deezer) **Undisclosed** Oct 2014

**[Eucalyptus Systems](https://millionrounds.com/company/eucalyptus-systems)** Bought by [Hewlett-Packard](https://millionrounds.com/fund/hewlett-packard) **$11B** Sept 2014

**[dotCloud](https://millionrounds.com/company/dotcloud)** Bought by cloudControl **Undisclosed** Aug 2014

**[Poptip](https://millionrounds.com/company/poptip)** Bought by [Palantir Technologies](https://millionrounds.com/fund/palantir-technologies) **Undisclosed** Jul 2014

**[ZipRealty](https://millionrounds.com/company/ziprealty)** Bought by [Realogy Holdings](https://millionrounds.com/fund/realogy-holdings) **Undisclosed** Jul 2014

**[Newport Media](https://millionrounds.com/company/newport-media)** Bought by Atmel **Undisclosed** Jul 2014

**[OpenTable](https://millionrounds.com/company/opentable)** Bought by Priceline **$2.6B** Jun 2014

**[Coverity](https://millionrounds.com/company/coverity)** Bought by [Synopsys](https://millionrounds.com/fund/synopsys) **$375M** Feb 2014

**[CollabNet](https://millionrounds.com/company/collabnet)** Bought by Woven Systems **Undisclosed** Feb 2014

The latest 20 here. An exit counts when it came after the firm's first round in the company. From historical deal records.

## Companies it bought

Acquisitions by the firm itself

**Alphyra** **Undisclosed** Jun 2003

New fund on file

**$86M**

raised in Oct 2026

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Seed Series A Series B

Median round joined **$30M** the round, not its cheque Alone, median **$7.3M**

Led 18 of 587 rounds **3%**

- **Said size:** $100K – $30M
- **Sole investor:** 50 rounds
- **Last cheque:** Oct 2026
- **Exits:** 87 from the portfolio

Rounds by stage said on their site

- Series B said *149*
- Series A said *122*
- Series C *99*
- Venture *60*
- Seed said *51*
- Series D *43*
- Growth said *-*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [DAG Ventures](https://millionrounds.com/fund/dag-ventures) 64
- [Index Ventures](https://millionrounds.com/fund/index-ventures) 43
- [SV Angel](https://millionrounds.com/fund/sv-angel) 39
- [Accel](https://millionrounds.com/fund/accel) 38
- [Greylock](https://millionrounds.com/fund/greylock-partners) 37
- [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) 25

**Pitching Benchmark?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

Add to your CRM *→*

## Who they invest alongside

The investors most often in the same rounds as Benchmark. A count of rooms they were both in, not a relationship either has claimed.

[**DAG Ventures** VC firm **64** rounds together](https://millionrounds.com/fund/dag-ventures)[**Index Ventures** VC firm **43** rounds together](https://millionrounds.com/fund/index-ventures)[**SV Angel** VC firm **39** rounds together](https://millionrounds.com/fund/sv-angel)[**Accel** VC firm **38** rounds together](https://millionrounds.com/fund/accel)[**Greylock** VC firm **37** rounds together](https://millionrounds.com/fund/greylock-partners)[**New Enterprise Associates** VC firm **25** rounds together](https://millionrounds.com/fund/new-enterprise-associates)[**Redpoint** VC firm **25** rounds together](https://millionrounds.com/fund/redpoint)[**Sequoia Capital** VC firm **25** rounds together](https://millionrounds.com/fund/sequoia-capital)[**Lightspeed Venture Partners** VC firm **24** rounds together](https://millionrounds.com/fund/lightspeed-venture-partners)[**Y Combinator** Accelerator **24** rounds together](https://millionrounds.com/fund/y-combinator)[**Tenaya Capital** VC firm **22** rounds together](https://millionrounds.com/fund/tenaya-capital)[**Google Ventures** Corporate VC **19** rounds together](https://millionrounds.com/fund/gv)

## Recently backed

The latest companies Benchmark put money into.

[**Legora** $550M · Oct 2026](https://millionrounds.com/company/legora)[**Skyroot Aerospace** $300M · Oct 2026](https://millionrounds.com/company/skyroot-aerospace)[**Hone** $60M · Oct 2026](https://millionrounds.com/company/hone)[**Furientis** $25M · Oct 2026](https://millionrounds.com/company/furientis)[**Cognition** $2.0B · Sept 2026](https://millionrounds.com/company/cognition)[**webAI** $30M · Sept 2026](https://millionrounds.com/company/webai)

## Books by the people here

One book written by people at Benchmark: [Bill Gurley](https://millionrounds.com/person/bill-gurley).

- Runnin' Down a Dream: How to Thrive in a Career You Actually Love [Bill Gurley](https://millionrounds.com/person/bill-gurley) · 2026 4.14 from 1,231 ratings on Goodreads About the book An upcoming book to be published by Penguin Random House. On AmazonListen on Audible[Author's Podcasts](https://millionrounds.com/person/bill-gurley#podcasts)
- Find the books for what you are building, or how you invest. [Open the Reading List](https://millionrounds.com/reading-list)

As an Amazon Associate we earn from qualifying purchases.

## Quick answers about Benchmark

### What does Benchmark invest in?

Benchmark invests most often at Series B and Series A (52% of the rounds on record), in sectors such as Productivity Tools, Platform and Software.

### How active is Benchmark?

587 investments on record, 34 of them in the last 12 months, and it led 18. The most recent was in Oct 2026.

### What has Benchmark invested in recently?

Its most recent investments on record: Legora (Series E, Oct 2026), Skyroot Aerospace (Oct 2026) and Hone (Seed, Oct 2026).

### How big are Benchmark's cheques?

The median round it joins is $30M. It says it writes cheques of $100K to $30M.

### Does Benchmark lead rounds?

Sometimes: it led 18 of its 587 investments on record (3%).

### Where does Benchmark invest?

Most of the companies it backs are in the United States (83%) and Sweden (8%).

### Is Benchmark investing now?

Yes: it is actively investing, with 34 investments in the last 12 months.

### Who does Benchmark invest alongside?

Most often DAG Ventures (64 rounds together), Index Ventures (43 rounds together) and SV Angel (39 rounds together).

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Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=benchmark) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=benchmark)