Pear: Raises $160M To Back Seed-Stage Startups
- Venture capital firm Pear has announced $160 million in new fundraising to fuel its next wave of investments
- Then the company will deploy the investment to back seed-stage startups
- Co-founder Mar Hershenson told the publication that Pear aims to be the best partner on the ground for the entrepreneur from ground zero
- The VC firm does not require revenue or customer acquisitions from potential investment targets
- Among Pear’s partners is Nils Bunger, which helps the company focus on B2B startups
- Pear’s current portfolio also includes delivery firm DoorDash, payroll technology company Gusto and others
