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Pear VC closes oversubscribed $432m seed fund

Pear VC has closed its fourth fund with $432 million in capital commitments, making it one of the largest seed funds raised in recent years by a non-multistage vehicle. The fund will target pre-seed and seed investments in AI.

Pear VC (Pear) has closed its fourth fund with $432 million in capital commitments, making it one of the largest seed funds raised in recent years by a non-multistage vehicle. The fund will target pre-seed and seed investments in AI.

The fund will also support PearX, Pear’s early-stage bootcamp for founders, Pear’s Female Founders Circle, a community for technical female entrepreneurs, and Pear Dorm, which supports student builders.

Pear has to date seeded three public companies – DoorDash, Guardant Health, and Senti Bio – and many others valued over $1 billion, including Gusto, Branch, Aurora Solar, and Vanta.
 

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