←Back to investors

Benchmark

Concentrated, equal-partnership early-stage VC — backed Uber, eBay, Snap, Twitter
VC Early-stage 📍 San Francisco, CA Founded 1995
AUM
$3.2B
as of 2026-Q1
SMALL
Benchmark is a small, intentionally-concentrated venture firm operating with equal partners and ~$400M fund sizes. Returned >$10B from its $6M investment in eBay alone. Recent named partners include Bill Gurley (now Partner Emeritus), Peter Fenton, Mitch Lasky, and Sarah Tavel.

Firm Profile

Firm Type
VC
Subtype
Early-stage
Founded
1995
HQ
San Francisco, CA
Country
USA
Active Fund
Benchmark latest fund ($425M) · 2023

Notable Partners

Bill Gurley (Partner Emeritus)Peter FentonMitch LaskySarah TavelEric Vishria

Portfolio Companies (4)

uber UBERsnapchattwitterdiscord

Investment Focus

Stages
Series A
Sectors
Enterprise · Consumer · Crypto
VCTier-1 VCEqual PartnershipConcentrated
Investor data reflects publicly disclosed AUM, fund sizes, and portfolio holdings as of 2026-Q1. Refreshed periodically.