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Benchmark Partners

Venture capital firm in Woodside, CA. Its funds have reported $1.38B raised on SEC Form D since 2011.

ActiveVenture capital fundNew SEC filing · Oct 23, 2026
Updated Nov 9, 2026·Latest SEC filing Oct 23, 2026·Suggest an edit

About Benchmark Partners

Benchmark Partners is a venture capital firm based in Woodside, CA. Since January 2011 it has filed Form D notices for 21 funds and five related vehicles. The largest, Benchmark Partners 1, L.P., reported $425.0M raised from 39 investors.

Funds

Benchmark Partners has 21 funds on file with the SEC, plus five feeder, opportunity or co-investment vehicles. The funds have reported $1.38B raised.

Funds
21
plus 5 related vehicles
Raised
$1.38B
across these funds
Largest fund
$425.0M
Benchmark Partners 1, L.P.
Latest fund
Growth I, L.P.
filed Oct 23, 2026

Funds (SEC Form D)

FundFirst filedAmount raisedTargetInvestors
Benchmark Partners Growth I, L.P.Venture capital fund · 3(c)(7) · Form D ↗Oct 23, 2026$85,500,000$85,500,00010
Benchmark Partners Founders' Fund 2, L.P.Venture capital fund · 3(c)(7) · Form D ↗Oct 9, 2026None yet$132,000,000—
Benchmark Partners Founders' Fund 2-A, L.P.Venture capital fund · 3(c)(1) · Form D ↗Oct 9, 2026None yet$4,500,000—
Benchmark Partners Founders' Fund T1, L.P.Venture capital fund · 3(c)(7) · Form D ↗Oct 9, 2026None yet$220,000,000—
Benchmark Partners Founders' Fund T1-A, L.P.Venture capital fund · 3(c)(1) · Form D ↗Oct 9, 2026None yet$7,500,000—
Benchmark Partners T1, L.P.Venture capital fund · 3(c)(7) · Form D ↗Jun 30, 2026None yet$1,250,000,000—
Benchmark Partners 2, L.P.Venture capital fund · 3(c)(7) · Form D ↗Jun 30, 2026None yet$750,000,000—
Benchmark AI Infrastructure Fund B, L.P.Venture capital fund · 3(c)(1) · Form D ↗Feb 6, 2026$96,690,000$96,690,00040
Benchmark AI Infrastructure Fund, L.P.Venture capital fund · 3(c)(7) · Form D ↗Feb 6, 2026$127,250,000$127,250,00026
Benchmark Partners Founders' Fund 1-A, L.P.Venture capital fund · 3(c)(1) · Form D ↗Oct 17, 2024None yet$5,000,000—
Benchmark Partners Founders' Fund 1, L.P.Venture capital fund · 3(c)(7) · Form D ↗Oct 17, 2024None yet$165,000,000—
Benchmark Partners 1, L.P.Venture capital fund · 3(c)(7) · Form D ↗Jul 9, 2024$425,000,000$425,000,00039
Benchmark Founders' Fund IX-A, L.P.Venture capital fund · 3(c)(1) · Form D ↗Jan 25, 2019None yet$9,245,000—
Benchmark Founders' Fund IX, L.P.Venture capital fund · 3(c)(7) · Form D ↗Oct 17, 2018$77,500,000$122,700,00011
Benchmark Capital Partners IX, L.P.Venture capital fund · 3(c)(7) · Form D ↗Oct 1, 2018None yet$425,000,000—
Benchmark Founders' Fund VIII, L.P.Venture capital fund · 3(c)(1) · Form D/A ↗Mar 6, 2014$66,925,000Mar 2014: $22.7M
Feb 2015: $66.9M
$66,925,00086
Benchmark Founders' Fund VIII-B, L.P.Venture capital fund · 3(c)(1) · Form D/A ↗Mar 6, 2014$58,175,000Mar 2014: $11.3M
Feb 2015: $58.1M
$58,175,00070
Benchmark Capital Partners VIII, L.P.Venture capital fund · 3(c)(7) · Form D ↗Dec 6, 2013$425,000,000$425,000,000—
Benchmark Capital Partners VII (AIV), L.P.Venture capital fund · 3(c)(7) · Form D ↗Jul 11, 2012$15,657,895$15,657,89543
Benchmark Founders' Fund VII, L.P.Venture capital fund · 3(c)(1) · Form D ↗Jan 13, 2011$250,000$80,000,0001
Benchmark Capital Partners VII, L.P.Venture capital fund · 3(c)(7) · Form D ↗Jan 13, 2011$5,000,000$425,000,0001

Amounts and investor counts come from each fund's latest Form D or amendment; the dated lines under an amount show what earlier filings reported. "Not set" means the fund did not give a target. Form D does not report returns.

Feeder, opportunity and co-investment vehicles (5)
VehicleKindFirst filedAmount raisedInvestorsFiling
Benchmark Founders' Fund X-A, L.P.Co-investment vehicleDec 15, 2020——Form D ↗
Benchmark Founders' Fund X, L.P.Co-investment vehicleMay 21, 2020$122,500,00015Form D ↗
Benchmark Capital Partners X, L.P.Co-investment vehicleMay 19, 2020$425,000,00038Form D ↗
Benchmark WS SPV, L.P.Co-investment vehicleDec 18, 2019$38,127,00022Form D ↗
Benchmark Capital Partners VII - Annex, L.P.Co-investment vehicleJan 26, 2016$42,500,00043Form D ↗

These vehicles usually hold a single investment or a small group of them. Their filings do not name the companies they hold.

Portfolio Companies

Companies where a Benchmark Partners partner sits on the board, according to the company's own Form D. A board seat usually comes with an investment, but Form D does not list investors.

CompanyLocationBenchmark Partners directorOn the boardLatest raise
Antares Nuclear, Inc.Torrance, CAJack Altman2024–2026$59.9M ↗Aug 2026
CarbonDrop, Inc.Palo Alto, CABruce Dunlevie2023–2026$19.6M ↗Mar 2026
Copilot Labs, Inc. \ DESan Francisco, CAJack Altman2026$21.1M ↗Aug 2025
Twin Health, Inc.Menlo Park, CABruce Dunlevie2020–2026$59.0M ↗Jun 2026
Agentio Inc.Brooklyn, NYSarah Tavel2024–2025$39.9M ↗Oct 2025
Verifiable Inc.Austin, TXJack Altman2021–2023$26.9M ↗Apr 2023

People

Partners and officers named on Benchmark Partners's fund filings.

SS
Steven Spurlock
Executive officer
On the filings for 14 funds.
AH
An-Yen Hu
Executive officer
On the filings for 13 funds.
JG
J. Gurley
Executive officer
On the filings for 11 funds.
ST
Sarah Tavel
Executive officer
On the filings for 10 funds.
JA
Jack Altman
Executive officer
On the filings for 7 funds.
BD
Bruce Dunlevie
Executive officer
On the filings for 4 funds.
VL
Victor Lazarte
Executive officer
On the filings for 3 funds.

Sources

  1. SECEvery Form D filing behind this page is linked in the tables above.