Pear VC
UnclaimedAt a Glance
- Check Size
- $250K – $3M
- Stage
- Seed, Series A
- AUM
- $432M
- Sectors
- Enterprise
- Founded
- 2013
- HQ
- Palo Alto, CA
About Pear VC
Pear VC is a venture capital firm based in Palo Alto, CA founded in 2013. We’re seed specialists that partner with founders at the earliest stages to turn great ideas into category-defining companies. The firm focuses on Seed, Series A investments across sectors including Enterprise. The firm manages $432M in assets under management. Notable portfolio companies include DoorDash, Branch, Guardant Health, Aurora, Affinity and SuperTokens. Pre-seed and seed investor with a focus on supporting student founders and technical teams building enterprise software.
Investment Thesis
“Pre-seed and seed investor with a focus on supporting student founders and technical teams building enterprise software.”
Sector Focus
Investment Stage
Notable Portfolio Companies
Fund History
Pear began life as Pejman Mar Ventures. Its first fund took first sale in August 2013 against a $20 million target and ultimately closed $50.0 million from 54 investors. Under the Pear name, Fund II closed $75.0 million from 27 investors in March 2016, Fund III registered $155 million in August 2019, and Fund IV registered $410 million in May 2022. Fund V was registered in November 2025 at a $400 million target, filed from Menlo Park.
Two Expansion vehicles carry ownership into later rounds: Pear Ventures I Expansion registered $35 million in 2018, and Pear Ventures II Expansion sold $74.0 million of a $75 million offering to 41 investors in 2021. The firm also runs a long-running single-asset program, Pear Ventures Opportunities IV through XII, with individual vehicles between $0.7 million and $8.9 million raised from 2016 through 2024. Pejman Nozad and Mar Hershenson sign every filing as the general partners.
SEC Fund Filings
- Vehicles filed, last 24 months
- 1
- Latest filing
Pear VC filed a Form D for 1 fund vehicle between Sep 26, 2024 and Sep 25, 2026.
| Fund vehicle | Source |
|---|---|
| Pear Ventures V, L.P. | SEC Form D, filed |
A Form D is the notice a fund files with the SEC when it raises money in a private offering. Feeder funds, parallel funds and SPVs each file their own, so the count measures filing activity, not the number of flagship funds.
Source: SEC EDGAR Form D filings for pooled investment funds, original filings only (amendments excluded). Our filing data starts Jul 1, 2024. Vehicles are matched to Pear VC by fund name and checked against the sponsor address and named principals on each filing; offering amounts are not shown. Each “SEC Form D” link opens an EDGAR full-text search for that vehicle’s exact name, where the filing itself is listed. See every new fund filing on the Form D Radar.
Team (1)
Related Articles (1)
Frequently Asked Questions
What stage does Pear VC invest at?
Pear VC primarily invests at the Seed, Series A stages. This means they focus on companies that are building their initial product and finding product-market fit.
Where is Pear VC located?
Pear VC is headquartered in Palo Alto, CA. Many of their portfolio companies are also based in this region, though they invest across geographies.
What sectors does Pear VC focus on?
Pear VC focuses on investments in Enterprise. Their portfolio reflects deep expertise and networks within these sectors.
What is Pear VC's typical check size?
Pear VC's typical investment check size ranges from $250K to $3M. Actual amounts may vary based on the stage, sector, and specific opportunity.
How much does Pear VC have under management?
Pear VC manages approximately $432M in assets under management (AUM) across their funds.
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