Benchmark

Sources: Benchmark raised $2B across two new funds, including a $1.25B fund for late-stage bets, its first growth fund after decades of focusing on new startups

After a late-stage bet on Cerebras delivered big returns, Benchmark decided to raise its first-ever growth fund

AI sales automation startup Monaco raised a $50M Series B led by Benchmark, bringing its total funding to $85M after raising a $25M Series A in February 2026

Gumloop, which helps companies deploy reliable AI agents that handle complex, multi-step tasks, raised a $50M Series B led by Benchmark

Gumloop, which helps companies deploy reliable AI agents that handle complex, multi-step tasks, raised a $50M Series B led by Benchmark

When Max Brodeur-Urbas co-founded Gumloop in mid-2023, his vision was to help non-technical employees automate repetitive tasks using AI.

Source: Benchmark's 2020 fund is now worth 10x+ and 2024 fund is 3x what investors put in, based on cash distributions and the paper value of its investments

Natasha Mascarenhas /Bloomberg:

Benchmark hires Jack Altman, the founder of Alt Capital and Lattice, as its fifth general partner; three Alt Capital team members will join him at Benchmark

Benchmark on Tuesday said it had hired Jack Altman, the founder of early-stage firm Alt Capital and HR software company Lattice, as its fifth general partner.

Source: Benchmark's 2020 fund is now worth 10x+ and 2024 fund is 3x what investors put in, based on cash distributions and the paper value of its investments

Natasha Mascarenhas /Bloomberg:

Benchmark hires Jack Altman, the founder of Alt Capital and Lattice, as its fifth general partner; three Alt Capital team members will join him at Benchmark

Benchmark on Tuesday said it had hired Jack Altman, the founder of early-stage firm Alt Capital and HR software company Lattice, as its fifth general partner.

Source: Benchmark raised $225M in special funds to invest in Cerebras' ~$1B Series H, led by Tiger Global; Benchmark led Cerebras' $27M Series A in 2016

Source: Benchmark raised $225M in special funds to invest in Cerebras' ~$1B Series H, led by Tiger Global; Benchmark led Cerebras' $27M Series A in 2016