About Pear VC
Pear VC is a venture capital firm founded in 2013. It is primarily based out of San Francisco, United States. As of Sep 2026, Pear VC is an active investor, having invested in 277 companies, with 27 new investments in the last 12 months. It primarily invests in Seed 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 A round of Herthametals Overall, Pear VC portfolio has seen 6 unicorns, 6 IPOs and 38 acquisitions including key companies like DoorDash, Lending Club and Guardant Health. A lot of funds co-invest with Pear VC, with names like Andreessen Horowitz sharing a substantial percentage of its portfolio. Pear VC has team of 24 people including 9 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 5 more
Portfolio IPOs
Deals in last 12 months
Pear VC's List of Top Investments
Pear VC has a portfolio of 277 companies, including 6 unicorns. Their most notable investments are in EmCasa and Monet.Their portfolio spans across United States, Canada, Colombia and 8 more locations. They have invested in Enterprise Applications, High Tech, Consumer and 31 other sectors, across stages such as Seed, Series A and 5 more. Here is the list of top investments by Pear VC:1. DoorDash
Platform facilitating fast, same-day delivery of food, grocery and retail essentials from local stores and restaurants to consumers. The platform allows customers to discover local, on-demand delivery or pickup from restaurants, nearby grocery stores. The application is available on the iOS and Android platforms.
Key facts about DoorDash
- Founded Year: 2013
- Location: San Francisco (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $2.5B
- Employee Count: 80,579 as on May 31, 2026
- Investors: Founders Circle Capital, Owl Rock and 57 Others
- Latest Funding Round: Series H, Jun 18, 2020, $*****
- Highlight: Public
2. Gusto
Cloud-based payroll, benefits, and HR software for small and medium-sized businesses. Its core offering is software delivered online, with API integrations and automation features designed to help SMBs manage back-office operations more efficiently.
Key facts about Gusto
- Founded Year: 2012
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $718M
- Employee Count: 7,834 as on Aug 31, 2026
- Investors: Western Technology Investment, Glynn Capital and 85 Others
- Latest Funding Round: Series E, May 13, 2022, $*****
- Highlight: Editors' Pick
3. Lending Club
P2P marketplace for consumer and business loans. It offers multiple loans including personal loans, refinancing loans, healthcare loans, SME loans, and more. It offers loans to borrowers from multiple institutional/individual investors and lenders. Loans are offered on the basis of credit assessments and user profiles.
Key facts about Lending Club
- Founded Year: 2006
- Location: San Francisco (United States)
- Annual Revenue: $500M - $1B as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $219M
- Employee Count: 977 as on Jul 31, 2026
- Investors: TrueBridge, Section Partners and 46 Others
- Latest Funding Round: Post IPO, Oct 18, 2016, $*****
- Highlight: Public
Developer of digital sequencing technology for cancer detection. The product Guardant360 offers real-time, biopsy-free tumor sequencing for the analysis and identification of tumor-associated treatment options. Also, it has developed analytical tools, including a tumor response map and a mobile-enabled physician portal.
Key facts about Guardant Health
- Founded Year: 2012
- Location: Redwood City (United States)
- Annual Revenue: $500M - $1B as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $557M
- Employee Count: 4,821 as on Aug 31, 2026
- Investors: Acquisition Group, Hone Capital and 25 Others
- Latest Funding Round: Post IPO, Nov 05, 2025, $*****
- Highlight: Public
5. Dropbox
Provider of cloud storage, file sharing, and collaboration tools. This platform enables users to store, sync, and access files across multiple devices while facilitating secure document sharing and team collaboration. It offers features for managing content, tracking activity, and integrating with various productivity applications to streamline workflows and maintain data security. PF = Yes
Key facts about Dropbox
- Founded Year: 2007
- Location: San Francisco (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $607M
- Employee Count: 4,148 as on Aug 31, 2026
- Investors: HTIF, ADS Ventures and 64 Others
- Latest Funding Round: Post IPO, Jun 08, 2021, $*****
- Highlight: Public
Pear VC's Year-on-Year Investment Trends
Pear VC has invested in 277 companies over the last 13 years, with an average of 15 new investments annually in the last 10 years. In 2025, it made 37 investments, while as of Sep 2026, it has made 24 investments in this year. Its most recent first time investment was in Vals AI and most recent follow-on round was in Herthametals.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 16 | 8 | 24 |
2025 | 30 | 7 | 37 |
2024 | 17 | 13 | 30 |
2023 | 8 | 4 | 12 |
2022 | 29 | 10 | 39 |
2021 | 24 | 4 | 28 |
2020 | 5 | 5 | 10 |
2019 | 8 | 3 | 11 |
2018 | 7 | 0 | 7 |
2017 | 3 | 5 | 8 |
Pear VC's Investments by Stage
Pear VC has made 101 investments in Seed stage with an average round size of $5.36M, 58 investments in Series A stage with an average round size of $19.9M and 10 investments in Series B stage with an average round size of $45.7M.Stage of entry | No. of Investments |
|---|---|
Seed | 101 |
Series A | 58 |
Series B | 10 |
Angel | 1 |
Grant (prize money) | 1 |
Others | 2 |
Note: We have considered here, only first round of investments
Pear VC's Investments by Sector
Pear VC has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, High Tech, FinTech and Vertical SaaS. Notably, it has invested in 247 Tech companies, 188 Enterprise (B2B) companies, 160 Software companies and at least 106 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 93 |
Consumer | 40 |
High Tech | 40 |
FinTech | 31 |
Vertical SaaS | 30 |
Others | 182 |
Note: We have considered here, only first round of investments
Pear VC's Investments by Geography
Pear VC has made most investments in United States (157), followed by Brazil where it has made 3 investments.Country | No. of Investments |
|---|---|
United States | 157 |
Brazil | 3 |
Colombia | 3 |
United Kingdom | 3 |
Canada | 2 |
Others | 4 |
Note: We have considered here, only first round of investments
Pear VC's recent investments
Pear VC has made 24 investments in 2026 so far. Herthametals and Piston are the latest among them.Here are the most recent investments by Pear VC:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 29, 2026 | - | Series A | 1179 | [+6] | |
Sep 10, 2026 | United States | Series A | 4520 | [+1] | |
Sep 08, 2026 | United States | Series C | 4247 | ||
Aug 13, 2026 | United States | Series A | 7166 | [+3] | |
Aug 11, 2026 | United States | Series A | 5283 | [+9] |
Unicorns in Pear VC's Portfolio
Pear VC has 6 unicorns in its portfolio - Forus, Vanta, Addepar and others. The most recent unicorn in their portfolio is Forus. It became a unicorn in 2026.Here is a list of unicorns in Pear VC's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
49 | Developer of software automating prescription prior authorization and medication access | 2023 | New York City | Series C | cuo{isc | ||
74 | Provider of a platform for automating security and compliance programs | 2018 | San Francisco | Series D | aou{xhg | ||
76 | Wealth management solutions for advisors | 2009 | Mountain View | Series G | {cyqlnb | ||
60 | Developer of an AI-powered platform for care coordination and disease detection | 2016 | San Francisco | Series D | xgsnmak | ||
67 | Provider of software for solar and storage system design and sales | 2013 | San Francisco | Series D | urljayg |
IPOs and Publicly Listed companies in Pear VC's Portfolio
6 of Pear VC's portfolio companies have become public. BioAge Labs got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Sep 2024 at marketcap of $615M and Senti Bio got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ).Here are Pear VC's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 26, 2024 | Jul 28, 2017 | Series A | 3506 | |
Sep 17, 2021 | Feb 23, 2018 | Series A | 6353 | |
Dec 09, 2020 | Sep 30, 2013 | Seed | 1273 | |
Oct 04, 2018 | Apr 22, 2014 | Series B | 3623 | |
Mar 23, 2018 | - | - | 3891 |
Acquired companies in Pear VC's Portfolio
38 companies from Pear VC's portfolio have been acquired. The most recent acquisition was Wexler in Jul 2026 by Legora for $*****.Here are Pear VC's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 29, 2026 | Sep 23, 2025 | Seed | 9786 | |
Apr 09, 2026 | May 12, 2022 | Seed | 1828 | |
Jan 12, 2026 | Jan 07, 2025 | Seed | 4739 | |
Jan 05, 2026 | Jul 28, 2021 | Series A | 6669 | |
Dec 11, 2025 | Jun 02, 2021 | Series A | 6987 |
Team profile of Pear VC
Pear VC has a team of 24 members including 9 Partners located in United States and Spain. Pear VC's team does not sit on the board of any company as of now.Here is a list of top team members in Pear VC:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Los Altos | - | ||
Partner | Palo Alto | - | ||
Partner | Barcelona | - | ||
Partner | San Francisco | - | ||
Partner | - | - | ||
Partner | San Francisco | - | ||
Partner | California | - | ||
Partner | San Francisco | - | - | |
Partner | Berkeley | - | ||
Partner | Los Altos | - |
Co-investors of Pear VC
Over the past 13 years, 1014 investors have co-invested in Pear VC's portfolio companies. This includes funds and angels.
- Invested before Pear VC: Y Combinator, Andreessen Horowitz and 95 others have invested in rounds before Pear VC. There are 10 companies where Y Combinator has invested before Pear VC and 3 companies where Andreessen Horowitz has invested before Pear VC.
- Top Co-investors of Pear VC: 621 investors entered a company along with Pear VC. These include investors like Andreessen Horowitz (13 companies).
- Invested after Pear VC: A total of 296 investors have invested in Pear VC's portfolio after their investments. Top Investors include Founders Fund (4 companies), Kleiner Perkins (3 companies) and Spark Capital (3 companies).
Recent News related to Pear VC
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Piston Raises $15 Million in Series A Led by FPV VenturesEntrackr•Sep 10, 2026•Spark Capital, Pear VC, FPV Ventures, Piston and 2 others
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Vals AI Raises $40M Series A at $400M ValuationThe SaaS News•Aug 14, 2026•Vals AI, Bloomberg Beta, Pear VC, Andreessen Horowitz and 1 other
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Tomo Raises $5 Million in Seed Funding Led by Bain Capital VenturesThe SaaS News•Jun 26, 2026•Tomo, Conviction, Basis Set Ventures, Angel Investors and 3 others
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Portal Biotechnologies Raises $9M in FundingFinSMEs•Jun 19, 2026•Pear VC, Portal, IKJ Capital, IA Ventures and 6 others
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Convey Lands $38 Million Series A Funding Led by Andreessen HorowitzMassinvestor•Jun 18, 2026•Khosla Ventures, Convey, Pear VC, Andreessen Horowitz
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Telepatia Secures $33M Series A Funding Led by a16z for AI Healthcare Platform in Latin AmericaStartupHub.ai•Jun 18, 2026•Telepatia, Andreessen Horowitz, Convey, Pear VC and 9 others
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Fintech startup Ramp secures $750M funding round, reaching $44B valuationTechStartups.com•Jun 04, 2026•IconiQ, Ramp, GIC, Ontario Teachers' Pension Plan and 27 others
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Series Raises $5.1M in Pre-seed Funding to Scale iMessage Social PlatformThe SaaS News•Jun 03, 2026•Series, Uncommon Projects, Pear VC
