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.