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Pear: Raises $160M To Back Seed-Stage Startups

Pear: Raises $160M To Back Seed-Stage Startups

  • Venture capital firm Pear has announced $160 million in new fundraising to fuel its next wave of investments
  • Then the company will deploy the investment to back seed-stage startups
  • Co-founder Mar Hershenson told the publication that Pear aims to be the best partner on the ground for the entrepreneur from ground zero
  • The VC firm does not require revenue or customer acquisitions from potential investment targets
  • Among Pear’s partners is Nils Bunger, which helps the company focus on B2B startups
  • Pear’s current portfolio also includes delivery firm DoorDash, payroll technology company Gusto and others

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