Pear VC closes $333M Fund V, lifting assets under management past $1.1B
citybiz · 2026-10-14
Silicon Valley early-stage firm Pear VC closed its fifth fund at $333M, taking total AUM above $1.1B, and promoted three partners to GP. Most of the money will go to pre-seed and seed deals over about two and a half years, with some held for follow-ons; its PearX accelerator admits under 1% of applicants.
Vocabulary
Read source ↗- assets under managementtotal money a firm manages for investors
- pre-seedthe very earliest funding stage, before seed
- institutional seedseed round led by professional VC funds