Bessemer $250 Million To Empower Decentralized Future
Bessemer, have been part of several major and long-term paradigm shifts, most recently those brought on by the advent of the internet and the cloud—infrastructure that changed how businesses around the world operate.
It’s clear that Bessemer now at the onset of the next seismic shift: a new iteration of the web built on blockchain technology. Web3 is an ecosystem that has several decades of transformation ahead of it, and one Bessemer is passionate about partnering with the most talented founders forging this new future.
To sharpen its focus on the industry as it matures, Bessemer is announcing $250 million in dedicated capital to continue investing in the entrepreneurs that are powering the decentralized future.
Bessemer prominent investors includes Ethan Kurzweil, Charles Birnbaum, Talia Goldberg, and Jeremy Levine, and a strong team of investors with extensive knowledge of crypto and web3:Mike Giampapa, Lindsey Li, Alexandra Sukin, Aditya Nidmarti, and Sarah Du.
This earmarked capital from its existing funds will be invested in founders building companies across three core areas: Consumer, DeFi, Infrastructure, and other enabling technologies.
Introducing BessemerDAO, a web3 community
With web3 serving as the catalyst, the landscape of investing is evolving, and the needs of entrepreneurs are shifting with it. Founders are searching for partners who not only understand web3, but actively take part.
Bessener had an open-source ethos, from sharing its anti-portfolio and investment memos to bringing together the best operators to trade knowledge across our portfolio.
As an extension of this philosophy, and portfolio services for crypto founders, Besssemer team are launching BessemerDAO, a web3 community for founders, creators, and operators. Its goals for BessemerDAO is to help the crypto community meet talent, trade ideas on product, business development and tokenomics, extend visibility into where innovation is happening in the crypto space, and ultimately, aid in staying ahead of major shifts and trends in web3.
ABOUT Bessemer
Bessemer Venture Partners was born from innovations in steel that literally forged modern building and manufacturing. Bessemer recognizes that an enduring institution must continually invest in and care for its people, while ensuring an equitable, inclusive environment for individual growth.
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