# Bond: portfolio, investments and team

> Bond is a growth equity based in United States. 154 investments on record, 27 in the last 12 months, latest Sept 2026. Portfolio, stages, co-investors and team.

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

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

# Bond

Last cheque observed Sep 2026; 154 cheques on record.

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Deploying now New fund, Apr 2022 Growth equity

Growth Technology

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Deploying now

**60%** of best year **27** **cheques in 12 months**, 154 on record

Since the last cheque **60** days **00** hrs **00** min **00** sec

Median round **$47M** Rounds led **11 of 154** Sole investor **19 rounds** Mostly in **United States, 60%**

Pitch Bond

## Bond highlights

- 01 27 cheques in the last 12 months
- 02 Mostly Venture and Series A: 44% of its rounds
- 03 Sole investor in 19 rounds, median $2.8M

## What they do

> BOND is a global technology investment firm that supports visionary founders throughout their entire life cycle of innovation & growth. From their own website

- **Type:** Growth equity
- **Cheque size:** Not stated
- **Stages:** Growth
- **Sectors:** Technology
- **Based in:** San Francisco, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **154 appearances**

- **2026** 20 rounds
- **Sept** **[Locus Robotics](https://millionrounds.com/company/locus-robotics)** Growth · US **$42M** With 3 others
- **Sept** **[Piston](https://millionrounds.com/company/piston)** Series A · FR **$15M** With 3 others
- **Jul** **[Quantum Systems](https://millionrounds.com/company/quantum-systems)** Series D · DE · TechStartups **$1.2B** With 12 others
- **Jul** **[Sigo Seguros](https://millionrounds.com/company/sigo-seguros)** Venture · US **$11M** With 4 others
- **Jun** **[Baseten](https://millionrounds.com/company/baseten)** Growth · US · Crunchbase News **$1.5B** With 16 others
- **Jun** **[Suno](https://millionrounds.com/company/suno)** Series D · US · TechCrunch **$400M** *Led*
- **Jun** **[Touchstone Exploration](https://millionrounds.com/company/touchstone-exploration)** Debt · CA **$11M** With 1 other
- **May** **[Stord](https://millionrounds.com/company/stord)** Series F · US · TechCrunch **$250M** With 9 others
- **May** **[Multiverse](https://millionrounds.com/company/multiverse)** Series E · GB · Ventureburn **$70M** With 6 others
- **Apr** **[Juicebox](https://millionrounds.com/company/juicebox)** Series B · US · Ventureburn **$80M** With 7 others
- **Apr** **[VAST Data](https://millionrounds.com/company/vast-data)** Series F · US · Firms' own news pages **$1.0B** With 5 others
- **Apr** **[urfuture](https://millionrounds.com/company/urfuture)** Seed · GB **$2.3M** With 1 other
- **Mar** **[Halter](https://millionrounds.com/company/halter)** Series E · NZ · Promus Ventures **$314M** With 9 others
- **Mar** **[Paraform](https://millionrounds.com/company/paraform)** Series B · Ventureburn **$40M** With 3 others
- **Mar** **[Flink SE](https://millionrounds.com/company/flink-se)** Venture · DE · Ventureburn **$100M** With 6 others
- **Mar** **[VAST Data](https://millionrounds.com/company/vast-data)** Secondary · US · AlleyWatch **$500M** With 6 others
- **Feb** **[ElevenLabs](https://millionrounds.com/company/elevenlabs)** Series D · US · TechCrunch **$500M** With 23 others
- **Feb** **[LayerZero Labs](https://millionrounds.com/company/layerzero-labs)** Venture · CA **Undisclosed** With 4 others
- **Jan** **[Substack](https://millionrounds.com/company/substack)** Venture · US **Undisclosed** With 4 others
- **Jan** **[Baseten](https://millionrounds.com/company/baseten)** Series E · US **$300M** With 4 others
- **2025** 44 rounds
- **Dec** **[Eon](https://millionrounds.com/company/eon)** Series D · US · AlleyWatch **$300M** With 4 others
- **Dec** **[HEMPALTA](https://millionrounds.com/company/hempalta)** CA **$249K** With 1 other
- **Dec** **[urfuture](https://millionrounds.com/company/urfuture)** Venture · GB **Undisclosed** Sole investor
- **Dec** **[Jingweida Automobile](https://millionrounds.com/company/jingweida-automobile)** Venture **Undisclosed** With 1 other
- **Nov** **[Physical Intelligence](https://millionrounds.com/company/physical-intelligence)** Series B · US **$600M** With 6 others
- **Nov** **[KoBold Metals](https://millionrounds.com/company/kobold-metals)** Series C · US **$280M** With 3 others
- **Nov** **[KoBold Metals](https://millionrounds.com/company/kobold-metals)** Venture · US **$163M** With 3 others
- **Oct** **[Whatnot](https://millionrounds.com/company/whatnot)** Series F · US · Crunchbase News **$225M** With 10 others
- **Oct** **[Base Power](https://millionrounds.com/company/base-power)** Series C · US · TechCrunch **$1.0B** With 11 others
- **Oct** **[OpenEvidence](https://millionrounds.com/company/openevidence)** Growth · US · TechCrunch **$200M** With 7 others
- **Oct** **[Baseten](https://millionrounds.com/company/baseten)** US · Firms' own news pages **$150M** *Led*
- **Oct** **[Touchstone Exploration](https://millionrounds.com/company/touchstone-exploration)** CA **$8.4M** With 1 other
- **Oct** **[Carbon Robotics](https://millionrounds.com/company/carbon-robotics)** Series D · US **$20M** With 4 others
- **Oct** **[Saildrone](https://millionrounds.com/company/saildrone)** Venture · US **$50M** With 3 others
- **Sept** **[dLocal](https://millionrounds.com/company/dlocal)** Secondary · UY **$191M** With 4 others
- **Sept** **[Digitgate Communication Technology](https://millionrounds.com/company/digitgate-communication-technology)** Series C **$14M** With 2 others
- **Sept** **[ASAAS](https://millionrounds.com/company/asaas)** Venture · BR **$6.4M** With 2 others
- **Sept** **[Jodell Robotics](https://millionrounds.com/company/jodell-robotics)** Venture **Undisclosed** With 1 other
- **Aug** **[MerryBiz](https://millionrounds.com/company/merrybiz)** Venture · JP **$1.4M** With 2 others
- **Aug** **[Caremo](https://millionrounds.com/company/caremo)** Venture **Undisclosed** 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 **7 named**

DC **Daegwon Chae** Managing Member of the GP i Filing they signed

JS **Jay Simons** Managing Member of the GP i Filing they signed

JD **Juliet de Baubigny** Managing Member of the GP i Filing they signed

MR **Mahmud Rowghani** Managing Member of the GP i Filing they signed

MG **Mary Grace Meeker** Managing Member of the GP i Filing they signed

NK **Noah Knauf** Managing Member of the GP i Filing they signed

PM **Paul M. Vronsky** Limited Partner and Chief Operating Officer i Form ADV

We also hold **17** 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

**$8.0B** gross assets of its funds Oct 2026

**5+** funds on file numbered funds in its name

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

- **Legal name:** BOND Capital Management, LP
- **SEC number:** CRD 304391

Who backs their funds

## 1 LP on record in Bond's funds

- **Committed:** $75M
- **Funds:** 1
- **Vintages:** 2022

The institutions that put money into its funds, which the firm then invests in companies. Source: the pension's own report, latest Mar 2026.

- [**California Public Employees' Retirement System (CalPERS)** 1 fund *$75M*](https://millionrounds.com/fund/california-public-employees) Fund Vintage Committed BOND III 2022 $75M

New fund on file

**Raised**

a new fund in Apr 2022

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

## The cheque

Growth

Median round joined **$47M** the round, not its cheque Alone, median **$2.8M**

Led 11 of 154 rounds **7%**

- **Sole investor:** 19 rounds
- **Last cheque:** Sept 2026

Rounds by stage said on their site

- Venture *29*
- Series A *18*
- Series C *18*
- Seed *15*
- Series D *14*
- Pre-seed *13*
- Growth said *-*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Y Combinator](https://millionrounds.com/fund/y-combinator) 21
- [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) 16
- [Shine Capital](https://millionrounds.com/fund/shine-capital) 16
- [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) 13
- [Coatue](https://millionrounds.com/fund/coatue-management) 12
- [Founders Fund](https://millionrounds.com/fund/founders-fund) 12

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

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## Who they invest alongside

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

[**Y Combinator** Accelerator **21** rounds together](https://millionrounds.com/fund/y-combinator)[**Andreessen Horowitz** VC firm **16** rounds together](https://millionrounds.com/fund/andreessen-horowitz)[**Shine Capital** VC firm **16** rounds together](https://millionrounds.com/fund/shine-capital)[**Sequoia Capital** VC firm **13** rounds together](https://millionrounds.com/fund/sequoia-capital)[**Coatue** VC firm **12** rounds together](https://millionrounds.com/fund/coatue-management)[**Founders Fund** VC firm **12** rounds together](https://millionrounds.com/fund/founders-fund)[**Lightspeed Venture Partners** VC firm **10** rounds together](https://millionrounds.com/fund/lightspeed-venture-partners)[**SV Angel** VC firm **10** rounds together](https://millionrounds.com/fund/sv-angel)[**General Catalyst** VC firm **9** rounds together](https://millionrounds.com/fund/general-catalyst)[**Tiger Global Management** VC firm **9** rounds together](https://millionrounds.com/fund/tiger-global-management)[**Lux Capital** VC firm **8** rounds together](https://millionrounds.com/fund/lux-capital)[**BoxGroup** VC firm **7** rounds together](https://millionrounds.com/fund/boxgroup)

## Recently backed

The latest companies Bond put money into.

[**Locus Robotics** $42M · Sept 2026](https://millionrounds.com/company/locus-robotics)[**Piston** $15M · Sept 2026](https://millionrounds.com/company/piston)[**Quantum Systems** $1.2B · Jul 2026](https://millionrounds.com/company/quantum-systems)[**Sigo Seguros** $11M · Jul 2026](https://millionrounds.com/company/sigo-seguros)[**Baseten** $1.5B · Jun 2026](https://millionrounds.com/company/baseten)[**Suno** $400M · Jun 2026](https://millionrounds.com/company/suno)

## Quick answers about Bond

### What does Bond invest in?

Bond invests most often at Venture and Series A (44% of the rounds on record), in sectors such as Technology.

### How active is Bond?

154 investments on record, 27 of them in the last 12 months, and it led 11. The most recent was in Sept 2026.

### What has Bond invested in recently?

Its most recent investments on record: Locus Robotics (Growth, Sept 2026), Piston (Series A, Sept 2026) and Quantum Systems (Series D, Jul 2026).

### How big are Bond's cheques?

The median round it joins is $47M.

### Does Bond lead rounds?

Sometimes: it led 11 of its 154 investments on record (7%).

### Where does Bond invest?

Most of the companies it backs are in the United States (60%), Canada (11%) and the United Kingdom (9%).

### Is Bond investing now?

Yes: it is actively investing, with 27 investments in the last 12 months.

### Who does Bond invest alongside?

Most often Y Combinator (21 rounds together), Andreessen Horowitz (16 rounds together) and Shine Capital (16 rounds together).

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