Skip to content
Subscriber Only

Bessemer Is Said to Be Raising as Much as $1.5 Billion for Fund

Bessemer Venture Partners, a century-old investment firm in Larchmont, New York, is aiming to raise as much as $1.5 billion for a fund to back technology startups, said two people familiar with knowledge of the deal.

Bessemer wants to raise $1.2 billion at the low end and will make investments from its U.S., India and Israel offices, according to the people, who declined to be named because the fundraising isn’t public. Bessemer completed its last fund in 2007 and then added to it two years later, raising a total of about $1.35 billion.