About Benchmark
Benchmark is a venture capital firm founded in 1995. It is primarily based out of San Francisco, United States. As of Aug 2026, Benchmark is an active investor, having invested in 312 companies, with 11 new investments in the last 12 months. It primarily invests in Series B round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Consumer. Most recently it participated in the $***** Series B round of Instinct Overall, Benchmark portfolio has seen 24 unicorns, 25 IPOs and 142 acquisitions including key companies like Uber, Zillow and Wix. A lot of funds co-invest with Benchmark, with names like Accel sharing a substantial percentage of its portfolio. Benchmark has team of 11 people including 11 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Series B & 6 more
Portfolio IPOs
Portfolio Acquisitions
Portfolio Unicorns
Deals in last 12 months
Benchmark's List of Top Investments
Benchmark has a portfolio of 312 companies, including 24 unicorns. Their most notable investments are in MindsDB and TigerData.Their portfolio spans across United States, Israel, United Kingdom and 15 more locations. They have invested in Enterprise Applications, High Tech, Consumer and 32 other sectors, across stages such as Series A, Series B and 6 more. Here is the list of top investments by Benchmark:
1. Uber
Network providing on-demand transportation, delivery, and business management solutions. It facilitates ride requests and connects individuals with transportation providers. Additionally, it offers delivery services for food and other goods. The network extends to business solutions, providing tools for managing rides, meals, and local deliveries for organizations.
Key facts about Uber
- Founded Year: 2009
- Location: San Francisco (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $13.2B
- Employee Count: 164,796 as on Jul 31, 2026
- Investors: TrueBridge, Benchmark and 191 Others
- Latest Funding Round: Post IPO, Dec 19, 2020, $*****
- Highlight: Public
2. Zillow
Provider of real estate listings, rentals, mortgages, and agent connections. It offers tools for buying, selling, renting, and managing properties. The platform facilitates connections between users and real estate agents. It also provides resources for property valuation and market analysis.
Key facts about Zillow
- Founded Year: 2005
- Location: Seattle (United States)
- Annual Revenue: $100M - $500M as on Dec 31, 2014
- Stage: Public
- Total Funding till date: $87M
- Employee Count: 10,461 as on Jul 31, 2026
- Investors: TrueBridge, TDM Growth Partners and 9 Others
- Latest Funding Round: Post IPO, Aug 12, 2021, $*****
- Highlight: Public
3. Wix
Provider of tools for website creation, hosting, and business management. It offers features for designing websites using templates or AI. The platform provides domain name registration, web hosting, and website security. It also includes solutions for e-commerce, scheduling, restaurant management, blogging, and portfolio creation. The platform extends to payment solutions, mobile applications, CRM systems, and website analytics. It also provides tools for email marketing and search engine optimization.
Key facts about Wix
- Founded Year: 2006
- Location: Israel
- Stage: Public
- Total Funding till date: $53.5M
- Employee Count: 7,164 as on Jul 31, 2026
- Investors: Benchmark, Gynther Capital and 11 Others
- Latest Funding Round: Post IPO, Sep 16, 2022, $*****
- Highlight: Public
4. Grubhub
Online platform offering food ordering and delivery services. The platform allows users to browse through local restaurant menu lists and order food. Its features include delivery tracking, pre-ordering options, restaurant reviews, coupons, and deals. Its app is available on the Android and iOS platforms.
Key facts about Grubhub
- Founded Year: 2004
- Location: Chicago (United States)
- Annual Revenue: $1B+ as on Dec 31, 2020
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $284M
- Employee Count: 6,689 as on Jul 31, 2026
- Investors: Benchmark, Veyo Partners and 18 Others
- Latest Funding Round: Post IPO, Jul 06, 2022, $*****
- Highlight: Acquired
5. MongoDB
Provider of a cloud-based database-as-a-service platform. The platform uses distributed infrastructure on commodity servers and supports developers in building mobile and web applications. Features of the product include data visualization, vector search, stream processing, cluster distribution, and more.
Key facts about MongoDB
- Founded Year: 2007
- Location: New York City (United States)
- Annual Revenue: $1B+ as on Jan 31, 2026
- Stage: Public
- Total Funding till date: $311M
- Employee Count: 8,058 as on Jul 31, 2026
- Investors: HTIF, Intel and 26 Others
- Latest Funding Round: Post IPO, Jan 10, 2020, $*****
- Highlight: Public
Benchmark's Year-on-Year Investment Trends
Benchmark has invested in 313 companies over the last 29 years, with an average of 7 new investments annually in the last 10 years. In 2025, it made 19 investments, while as of Aug 2026, it has made 18 investments in this year. Its most recent first time investment was in Instinct and most recent follow-on round was in Star Cloud.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 8 | 10 | 18 |
2025 | 8 | 11 | 19 |
2024 | 12 | 3 | 15 |
2023 | 6 | 3 | 9 |
2022 | 3 | 8 | 11 |
2021 | 5 | 21 | 26 |
2020 | 6 | 7 | 13 |
2019 | 7 | 16 | 23 |
2018 | 9 | 9 | 18 |
2017 | 6 | 12 | 18 |
Benchmark's Investments by Stage
Benchmark is primarily an Early Stage Investor investor majorly investing in Series A (161) rounds where average round size is $2.18B, Series B (73) rounds where average round size is $2.49B and Series C (26) rounds where average round size is $647M.Stage of entry | No. of Investments |
|---|---|
Series A | 161 |
Series B | 73 |
Series C | 26 |
Seed | 19 |
Series E | 8 |
Others | 8 |
Note: We have considered here, only first round of investments
Benchmark's Investments by Sector
Benchmark has a diverse portfolio, with companies operating in the Enterprise Applications, Enterprise Infrastructure, Consumer, High Tech and Media & Entertainment. Notably, it has invested in 274 Tech companies, 206 Enterprise (B2B) companies, 186 Software companies and at least 114 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 143 |
Enterprise Infrastructure | 75 |
Consumer | 69 |
High Tech | 47 |
Media & Entertainment | 29 |
Others | 252 |
Note: We have considered here, only first round of investments
Benchmark's Investments by Geography
Benchmark has made most investments in United States (241), followed by Israel where it has made 15 investments.Country | No. of Investments |
|---|---|
United States | 241 |
Israel | 15 |
United Kingdom | 8 |
Germany | 6 |
Netherlands | 3 |
Others | 23 |
Note: We have considered here, only first round of investments
Benchmark's recent investments
Benchmark has made 18 investments in 2026 so far. Instinct and Star Cloud are the latest among them.Here are the most recent investments by Benchmark:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 27, 2026 | United States | Series B | 7704 | ||
Aug 21, 2026 | United States | Series A | 8721 | [+8] | |
Aug 04, 2026 | - | Seed | 2443 | ||
Jul 09, 2026 | United States | Series B | 7604 | [+5] | |
May 29, 2026 | - | Seed | 1746 |
Unicorns in Benchmark's Portfolio
Benchmark has 24 unicorns in its portfolio - Exa, Star Cloud, Sunday and others. The most recent unicorn in their portfolio is Exa. It became a unicorn in 2026.Here is a list of unicorns in Benchmark's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
63 | Provider of web search, AI search engine, and website crawler tools | 2021 | San Francisco | Series C | twoffvn | ||
64 | Provider of data center solutions for space | 2024 | Redmond | Series A | qtccefx | ||
57 | Developer of a home robot designed to perform household tasks | 2024 | Mountain View | Series B | qregiem | ||
72 | Generative AI platform as a service for accelerating product innovation and disruption | 2022 | Redwood City | Series D | kwbtixv | ||
64 | Developer of agentic software for automating complex legal work tasks | 2023 | Stockholm | Series D | aqwpdzf |
IPOs and Publicly Listed companies in Benchmark's Portfolio
25 of Benchmark's portfolio companies have become public. Cerebras got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in May 2026 at marketcap of $5.55B and Wealthfront got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ) at marketcap of $2.05B.Here are Benchmark's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 14, 2026 | Mar 2016 | Series A | 3140 | |
Dec 12, 2025 | Jan 04, 2018 | Series E | 8377 | |
Oct 20, 2021 | Sep 18, 2013 | Series A | 5393 | |
Sep 28, 2021 | Aug 05, 2015 | Series A | 9766 | |
Jun 10, 2021 | Nov 03, 2011 | Series A | 2094 |
Acquired companies in Benchmark's Portfolio
142 companies from Benchmark's portfolio have been acquired. The most recent acquisition was Airtable in Aug 2026 by Bending Spoons for $*****.Here are Benchmark's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Aug 04, 2026 | Nov 15, 2018 | Series C | 8736 | |
Jun 01, 2026 | May 26, 2016 | Series B | 7601 | |
Apr 27, 2026 | Apr 25, 2025 | Series B | 1286 | |
Mar 24, 2026 | Jul 08, 2010 | Series B | 8043 | |
Dec 08, 2025 | Nov 06, 2014 | Series A | 2940 |
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Team profile of Benchmark
Benchmark has a team of 11 members including 11 Partners located in United States and Israel. Benchmark's team sits on the board of 11 companies.Here is a list of top team members in Benchmark:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Palo Alto | - | - | |
Partner | - | - | ||
Partner | San Francisco | - | ||
Partner | United States | - | - | |
Partner | San Francisco | - | - | |
Partner | Israel | - | ||
Partner | Menlo Park | - | - | |
Partner | San Francisco | - | - | |
Partner | San Francisco | - | ||
Partner | San Francisco | - | - | |
Partner | San Francisco | - | - |
Co-investors of Benchmark
Over the past 29 years, 1448 investors have co-invested in Benchmark's portfolio companies. This includes funds and angels.
- Invested before Benchmark: Y Combinator, Sequoia Capital and 335 others have invested in rounds before Benchmark. There are 19 companies where Y Combinator has invested before Benchmark and 8 companies where Sequoia Capital has invested before Benchmark.
- Top Co-investors of Benchmark: 371 investors entered a company along with Benchmark. These include investors like Accel (18 companies).
- Invested after Benchmark: A total of 740 investors have invested in Benchmark's portfolio after their investments. Top Investors include DAG Ventures (34 companies), Index Ventures (18 companies) and Sequoia Capital (14 companies).
Recent News related to Benchmark
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Deep Cogito Secures $43M Series A Funding for AI Post-Training Engine AdvancementTMC•Aug 27, 2026•Benchmark, TQ Ventures, Deep Cogito, Zscaler and 2 others
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Instinct Raises $350 Million at $2.5 Billion Valuation Amidst AI EnthusiasmTechCrunch+•Aug 27, 2026•Benchmark, Index Ventures
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Decade Raises $85M Seed FundingThe SaaS News•Aug 05, 2026•Decade, Benchmark, Greenoaks, Diffusion Capital Partners
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Benchmark projects $3B 2026 revenue as Q3 EPS is guided to $0.76-$0.82 (NYSE:BHE)Seeking Alpha•Jul 30, 2026•Benchmark
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Schroders sells financial planning arm Benchmark CapitalThe Wall Street Journal•Jul 07, 2026•Benchmark
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Fomo Raises $75 Million for Consumer Crypto Trading AppPYMNTS.com•Jun 23, 2026•fomo, Benchmark, Union Square Ventures, Index Ventures and 1 other
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Benchmark Appoints James Wesseldyk as Vice President of CommunicationsWebDisclosure•Jun 18, 2026•Benchmark
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CuspAI to Raise $400M in Funding Round with Backers Including Jeff BezosSilicon Republic•Jun 17, 2026•CuspAI, Kleiner Perkins, Bezos Expeditions, Giant Ventures and 8 others
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From Minecraft AI to Physical AI — Descartes launches robot training simulator with Oasis 3Wowtale•Jun 10, 2026•Valor Equity Partners, Atreides Management, Benchmark, Decart and 7 others
