Bessemer Venture Partners (BVP) is an American venture capital and private equity firm headquartered in San Francisco. Outside the United States, it has offices in India, Israel, Hong Kong, and the United Kingdom. In 2024, Venture Capital Journal ranked the firm as the 3rd largest venture capital firm based on total fundraising over the most recent five-year period.[5]
History
In 1911, Henry Phipps Jr., a co-founder of Carnegie Steel, formed Bessemer Trust in New York to manage his family's assets.[3][4] In 1911, he spun out Bessemer Securities as a separate entity which had $20 million assets under management which invested in venture capital deals, publicly traded securities and real estate.[3][4]