Pear Announces $333 Million Fund V To Support Early-Stage Startups In Menlo Park

Pear announced Fund V, a $333 million venture fund, bringing its total assets under management to more than $1.1 billion. The firm will continue investing in pre-seed and seed-stage startups, backing founders early and supporting them with talent, go-to-market strategy, marketing and fundraising. The announcement also named Arash Afrakhteh, Ajay Kamat and Shravan Reddy as new general partners, strengthening Pear’s leadership as it expands its support for early-stage founders. FOUNDERS: Mar Hershenson & Pejman Nozad AMOUNT: $333,000,000 HQ: Menlo Park, California #VentureCapital #Pear #MarHershenson #PejmanNozad #TradedVC