Bessemer Venture Partners X

Bessemer Venture Partners is a prominent venture capital firm that assists entrepreneurs in establishing robust foundations for their companies. With a portfolio that includes notable names such as Pinterest, Shopify, Twilio, and LinkedIn, Bessemer focuses on investing across various sectors, including healthcare, information technology, cybersecurity, and software as a service (SaaS). The firm has a global presence, with investments in the United States, Israel, and India, and manages a substantial asset base of approximately $19 billion. Bessemer's investment approach spans from seed stage to growth, enabling them to support startups and established companies alike as they evolve and scale. The firm is recognized for its long-term commitment to its portfolio companies, having played a crucial role in the successful IPOs of numerous high-profile businesses.

Bennett, Kent

Partner

Sara Byrne

CFO and Partner

D'Onofrio, Mary

Partner

Sameer Dholakia

Partner

Droesch, Mike

Partner

Jeff Epstein

Operating Partner

Goldberg, Talia

Partner

Sandy Grippo

CFO

Tess Hatch

Partner

Hedin M.B.A., Andrew

Partner

Stephen Kraus

Partner

Chini Krishnan

Operating Partner

Puri, Anant Vidur

Partner

Aia Sarycheva

Investor

Smith, Scott

Operating Partner

Rob Stavis

Partner

Mayo Stuntz Jr.

Operating Partner

Janice Teng

Vice President

Katherine Walker

Vice President

David Wehrs

Partner, Platform and Investor Relations

Bryan Wu

Partner

Past deals in Illinois

Pepper

Series A in 2022
Pepper is a personalized nutrition company based in Chicago, Illinois, founded in 2016. It focuses on empowering individuals to manage their dietary habits at home through innovative kitchen technology. The company is also developing a suite of nutrition APIs that assist health, food, insurance, and technology firms in enhancing user experiences and making informed business decisions. Additionally, Pepper operates a content-mediation platform that connects skilled writers with organizations seeking customized content solutions, ensuring high-quality writing services tailored to various needs.

Finmark

Seed Round in 2022
Finmark is financial planning software for startups; making it simple for companies to manage their runway, hiring, and cash. The platform takes complex financial concepts and calculations and distills them down into a simple to use interface so companies can easily update, inspect, and share their financial metrics. Companies, from pre-revenue to pre-IPO, rely on Finmark to align teams, drive collaboration, reduce costs and resources, and build the next generation of great startups. Greg Lissy, Jeremy Neuberger, and Rami Essaid founded the company in Raleigh, North Carolina in 2020.

Papaya

Series B in 2021
Papaya is a mobile application designed to simplify the bill payment process for users by allowing them to pay any bill quickly and efficiently through their smartphones. By enabling users to take a picture of their bills and complete transactions in seconds, Papaya alleviates the stress associated with traditional payment methods such as mailing checks or navigating complex online portals. The platform serves various billers across multiple industries, facilitating faster and more reliable payments. Papaya has garnered positive feedback, achieving high ratings on app stores, and has attracted investment from notable firms. In addition to bill payments, Papaya also offers electronic money services, including online banking and international payment solutions, further enhancing its utility in the fintech space.

Syndio

Series C in 2021
Syndio is a technology company that helps companies measure, achieve, and sustain workplace equity. Syndio’s mission is to empower employers to eradicate unlawful pay disparities due to gender, race, and ethnicity and make ongoing compensation decisions that are consistent and equitable. Syndio customers drastically reduce legal risk, save millions in ongoing remediation, and create a positive brand reputation, which helps attract and retain top talent at every level of the business. Over time, we help companies close their pay gap. Syndio is proud to partner with brands – including Salesforce, Nordstrom, General Mills, Nerdwallet, Match Group and many more – who are leading the way in equity and setting the standard for workplace fairness. Syndio pay equity analysis software helps companies quickly analyze and resolve pay gaps, empowering them to do the right thing while doing what’s best for their business. The company license software to companies that are serious about equal pay and help them find and fix pay equity issues, and stay in compliance over time.

Provi

Series C in 2021
Provi is the largest online marketplace that simplifies the complex process of ordering wholesale alcohol by connecting buyers, distributors and suppliers. Active in key markets throughout the U.S., Provi's robust, online marketplace improves communication and efficiency for on- and off-premise buyers, distributors and suppliers. As of 2022, 10 percent of licensed retailers in the U.S. are on the marketplace. Founded in 2016 and headquartered in Chicago, Provi has received a total of $125 million in funding, is valued at $750 million and has recently been named an Emerging Unicorn by Crunchbase. The company also received Built In Chicago's Best Places to Work recognition in 2022. In 2022, Provi joined forces with SevenFifty.

Provi

Series B in 2021
Provi is the largest online marketplace that simplifies the complex process of ordering wholesale alcohol by connecting buyers, distributors and suppliers. Active in key markets throughout the U.S., Provi's robust, online marketplace improves communication and efficiency for on- and off-premise buyers, distributors and suppliers. As of 2022, 10 percent of licensed retailers in the U.S. are on the marketplace. Founded in 2016 and headquartered in Chicago, Provi has received a total of $125 million in funding, is valued at $750 million and has recently been named an Emerging Unicorn by Crunchbase. The company also received Built In Chicago's Best Places to Work recognition in 2022. In 2022, Provi joined forces with SevenFifty.

Syndio

Series B in 2021
Syndio is a technology company that helps companies measure, achieve, and sustain workplace equity. Syndio’s mission is to empower employers to eradicate unlawful pay disparities due to gender, race, and ethnicity and make ongoing compensation decisions that are consistent and equitable. Syndio customers drastically reduce legal risk, save millions in ongoing remediation, and create a positive brand reputation, which helps attract and retain top talent at every level of the business. Over time, we help companies close their pay gap. Syndio is proud to partner with brands – including Salesforce, Nordstrom, General Mills, Nerdwallet, Match Group and many more – who are leading the way in equity and setting the standard for workplace fairness. Syndio pay equity analysis software helps companies quickly analyze and resolve pay gaps, empowering them to do the right thing while doing what’s best for their business. The company license software to companies that are serious about equal pay and help them find and fix pay equity issues, and stay in compliance over time.

Hinge Health

Series D in 2021
Hinge Health is a digital healthcare company focused on treating musculoskeletal disorders, particularly back and joint pain, through innovative technology. Founded in 2015 and headquartered in San Francisco, the company offers a range of solutions including wearable sensors, a user-friendly application, and access to a network of physical therapists and health coaches. These tools are designed to provide personalized care and facilitate recovery while addressing the limitations of traditional physical therapy, such as high costs and accessibility issues. By combining wearable technology with expert medical support, Hinge Health aims to empower individuals to manage their pain effectively and reduce reliance on opioids and surgical interventions. The company's services are utilized by both individuals and businesses, making high-quality care more accessible to a broader audience.

Syndio

Venture Round in 2020
Syndio is a technology company that helps companies measure, achieve, and sustain workplace equity. Syndio’s mission is to empower employers to eradicate unlawful pay disparities due to gender, race, and ethnicity and make ongoing compensation decisions that are consistent and equitable. Syndio customers drastically reduce legal risk, save millions in ongoing remediation, and create a positive brand reputation, which helps attract and retain top talent at every level of the business. Over time, we help companies close their pay gap. Syndio is proud to partner with brands – including Salesforce, Nordstrom, General Mills, Nerdwallet, Match Group and many more – who are leading the way in equity and setting the standard for workplace fairness. Syndio pay equity analysis software helps companies quickly analyze and resolve pay gaps, empowering them to do the right thing while doing what’s best for their business. The company license software to companies that are serious about equal pay and help them find and fix pay equity issues, and stay in compliance over time.

Hinge Health

Venture Round in 2020
Hinge Health is a digital healthcare company focused on treating musculoskeletal disorders, particularly back and joint pain, through innovative technology. Founded in 2015 and headquartered in San Francisco, the company offers a range of solutions including wearable sensors, a user-friendly application, and access to a network of physical therapists and health coaches. These tools are designed to provide personalized care and facilitate recovery while addressing the limitations of traditional physical therapy, such as high costs and accessibility issues. By combining wearable technology with expert medical support, Hinge Health aims to empower individuals to manage their pain effectively and reduce reliance on opioids and surgical interventions. The company's services are utilized by both individuals and businesses, making high-quality care more accessible to a broader audience.

Finmark

Seed Round in 2020
Finmark is financial planning software for startups; making it simple for companies to manage their runway, hiring, and cash. The platform takes complex financial concepts and calculations and distills them down into a simple to use interface so companies can easily update, inspect, and share their financial metrics. Companies, from pre-revenue to pre-IPO, rely on Finmark to align teams, drive collaboration, reduce costs and resources, and build the next generation of great startups. Greg Lissy, Jeremy Neuberger, and Rami Essaid founded the company in Raleigh, North Carolina in 2020.

Provi

Series A in 2020
Provi is the largest online marketplace that simplifies the complex process of ordering wholesale alcohol by connecting buyers, distributors and suppliers. Active in key markets throughout the U.S., Provi's robust, online marketplace improves communication and efficiency for on- and off-premise buyers, distributors and suppliers. As of 2022, 10 percent of licensed retailers in the U.S. are on the marketplace. Founded in 2016 and headquartered in Chicago, Provi has received a total of $125 million in funding, is valued at $750 million and has recently been named an Emerging Unicorn by Crunchbase. The company also received Built In Chicago's Best Places to Work recognition in 2022. In 2022, Provi joined forces with SevenFifty.

Hinge Health

Series C in 2020
Hinge Health is a digital healthcare company focused on treating musculoskeletal disorders, particularly back and joint pain, through innovative technology. Founded in 2015 and headquartered in San Francisco, the company offers a range of solutions including wearable sensors, a user-friendly application, and access to a network of physical therapists and health coaches. These tools are designed to provide personalized care and facilitate recovery while addressing the limitations of traditional physical therapy, such as high costs and accessibility issues. By combining wearable technology with expert medical support, Hinge Health aims to empower individuals to manage their pain effectively and reduce reliance on opioids and surgical interventions. The company's services are utilized by both individuals and businesses, making high-quality care more accessible to a broader audience.

Raise

Series C in 2017
Raise is a digital payment platform that allows consumers to purchase discounted gift cards and earn savings on transactions across various retailers. The platform allows users to buy and sell gift cards, facilitating a marketplace where individuals can exchange unwanted gift cards for cash or other cards. Raise also offers a rewards program that enables customers to earn points on purchases, which can be redeemed for future savings. By partnering with numerous brands, Raise enhances consumer choice and accessibility to various products and services while promoting cost-effective shopping solutions.

MealPal

Series B in 2017
MealPal is a subscription service that provides members with hundreds of lunch choices around where they live or work for a flat, monthly fee. Users can discover new restaurants and save money, while restaurants can increase revenue during their busiest hour of the day. MealPal was founded in 2016 by Mary Biggins and Katie Ghelli. The company has facilitated more than 10 million reservations for lunch.

MealPal

Series A in 2017
MealPal is a subscription service that provides members with hundreds of lunch choices around where they live or work for a flat, monthly fee. Users can discover new restaurants and save money, while restaurants can increase revenue during their busiest hour of the day. MealPal was founded in 2016 by Mary Biggins and Katie Ghelli. The company has facilitated more than 10 million reservations for lunch.

Popular Pays

Series A in 2015
Popular Pays is a platform connecting content creators with brands who want the content to tell their stories. It is a tech company, with an in-house built iOS app and dashboard that delivers direct communication, workflow tools, and powerful statistics.

Raise

Series B in 2015
Raise is a digital payment platform that allows consumers to purchase discounted gift cards and earn savings on transactions across various retailers. The platform allows users to buy and sell gift cards, facilitating a marketplace where individuals can exchange unwanted gift cards for cash or other cards. Raise also offers a rewards program that enables customers to earn points on purchases, which can be redeemed for future savings. By partnering with numerous brands, Raise enhances consumer choice and accessibility to various products and services while promoting cost-effective shopping solutions.

Raise

Series A in 2013
Raise is a digital payment platform that allows consumers to purchase discounted gift cards and earn savings on transactions across various retailers. The platform allows users to buy and sell gift cards, facilitating a marketplace where individuals can exchange unwanted gift cards for cash or other cards. Raise also offers a rewards program that enables customers to earn points on purchases, which can be redeemed for future savings. By partnering with numerous brands, Raise enhances consumer choice and accessibility to various products and services while promoting cost-effective shopping solutions.

Lumere

Seed Round in 2012
Lumere (previously Procured Health) is an organization comprised of clinicians, researchers, pharmacists, and strategic thought leaders focused on helping health systems eliminate unwarranted clinical variation and cut unnecessary costs—specifically related to device and drug selection and utilization. It was incorporated in 2012 and is based in Chicago, Illinois.

ACTIV Financial Systems

Venture Round in 2010
ACTIV Financial Systems, Inc. provides market data services for electronic trading strategies. It offers Feeds, which delivers low-latency feeds; and ActivMiddleware, a layered suite of shrink-wrapped software components and services for building large-scale real-time distributed systems. The company also provides ActivMessaging, a messaging substrate, which delivers arbitrarily large messages over shared memory; ActivDatabase, a real-time database engine; and ActivWorkstation, a tick market data interface, which offers pre-opening market data, net-order imbalances, and full tick coverage data. In addition, it offers content from various exchanges, and co-mingles that content with corporate actions, fundamental data, news, and time series data, as well as operates as a Vendor of Record for equity, derivative, and commodity exchanges. Further, the company provides algorithmic and electronic trading, global enterprise distribution, DMA and trading platform, tick capture engines and back testing, and market making and auto-quoting solutions. Furthermore, it offers technology management, content management, and support services. The company serves market making communities, brokerage and OMS/EMS/DMA providers, proprietary traders, buy side participants, and hedge funds managers. ACTIV Financial Systems, Inc. was founded in 2002 and is headquartered in Chicago, Illinois with additional offices in New York City, New York; Wheaton, Illinois; Cambridge, the United Kingdom; Singapore, Singapore; and Tokyo, Japan. The company also has datacenters in Toronto, Hong Kong, and London.

Sarvega

Series A in 2001
Sarvega provides XML-based security, routing, processing, and web service solutions. The company’s products include Guardian Security Gateway which delivers firewall capabilities by detecting and protecting against XML web services denial-of-service (DoS) or service misuse threats and Guardian Security Accelerator that provides orders-of-magnitude acceleration for XML digital signatures signing and verification, encryption, and decryption. It also offers Context Router that offers content-level security and flow-control as well as Speedway Accelerator which is an Extensible Stylesheet Language Transformations (XSLT) acceleration product. In addition, Sarvega offers consulting, deployment, maintenance, project management, training, and support services. It caters to financial services, telecommunication carriers, healthcare, manufacturing, and government agencies. It has strategic partnerships with IBM, Lucent Technologies, Fujitsu, and AmberPoint and its clients include EDS, Practical Law, 3Com, Fujitsu, and Access Community Health Network. Sarvega was founded in 2000 and is based in Oakbrook Terrace, Illinois.

EXP

Venture Round in 2000
EXP is a civil operation firm that specializes in delivering engineering, architecture, design, and consulting services for both built and natural environments. The company offers a comprehensive range of services, including building science, structural engineering, lighting and technology design, intelligent building solutions, process management, infrastructure development, land development, and transportation planning. Additionally, EXP is involved in building information modeling, public engagement, operations management, and asset management. Through its diverse expertise, the firm aims to support various sectors with secure technical and mission support services.
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