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Pear Ventures

Pear Ventures last closed a fund in November 2025 — 12 months ago.

Next fund
Filed
27 Oct 2026

Pear Ventures Opportunities XIII, LLC — a Form D for a new fund, newer than the record below. The raise has started.

By its own rhythm it was due Oct 2027.

Filed for a new fund on Tuesday 27 October 2026 — Pear Ventures Opportunities XIII, LLC, $9M. 021-602697 ↗ This is newer than the record below, which is rebuilt quarterly. See the feed.

Deploying  This firm closed a fund in the last 18 months, so it has money to put to work now as of the last quarterly rebuild.

Funds on file
15
Capital raised
$1.18B
Latest close
November 2025
Based in
CA

Vehicles on file

VehicleFirst closeAmount Filings
Pear Ventures V, L.P.November 2025$400M offered0002094186 ↗
Pear Ventures Opportunities XII, LLCDecember 2023$3M0002004194 ↗
Pear Ventures IV, L.P.May 2022$410M offered0001927410 ↗
Pear Ventures II Expansion, L.P.June 2021$74M0001870188 ↗
Pear Ventures Opportunities XI, LLCFebruary 2021$9M0001843761 ↗
Pear Ventures Opportunities X, LLCOctober 2020$5M0001828820 ↗
Pear Ventures Opportunities IX, LLCOctober 2020$3M0001823916 ↗
Pear Ventures Opportunities VIII, LLCJune 2019$3M0001777686 ↗
Pear Ventures Opportunities VII, LLCDecember 2018$2M0001757881 ↗
Pear Ventures Opportunities VI, LLCAugust 2018$4M0001748176 ↗
Pear Ventures Opportunities V, LLCApril 2017$4M0001701067 ↗
Pear Ventures Opportunities IV, LLCNovember 2016$725,0000001689281 ↗
Pear Ventures II, L.P.March 2016$75M offered0001667210 ↗
Pear Ventures I Expansion, L.P.—$35M offered0001757921 ↗
Pear Ventures III, L.P.—$155M offered0001785050 ↗

Dated from filing date; no date of first sale was reported.

Each row links to that vehicle’s Form D filings on EDGAR — the name, date and amount above should match what is filed there.

Named on filings

Mar Hershenson, Pejman Nozad

What Pear Ventures invests in

Typical fund
$5M median, pre-seed / seed scale
Median of this firm’s filed fund sizes on Form D.
Website
pear.vc
As filed by the adviser on Form ADV, March 2026.

Service providers

Fund administrator
Carta (14 funds)
Auditor
Sensiba (5 funds)

From Form ADV filed by PEAR VENTURES MANAGEMENT, LLC CRD 170211 ↗, latest filing March 2026, covering 14 funds linked to this firm by Form D file number. Form ADV is filed once a year, so a provider may have changed since. How this is matched.

What this is. Every figure on this page comes from Form D filings with the U.S. Securities and Exchange Commission — public records, reproduced here as filed. Service providers, where shown, come from the adviser’s Form ADV and are dated.

What it is not. Single-deal SPVs, feeder vehicles and GP or employee commitment funds are listed but excluded from fund counts and capital totals: an SPV is one investment, a feeder holds the same capital as its master, and a “Principals” or “Entrepreneurs” fund closes alongside a main fund rather than being raised in its own right. Capital deployed from a family office, a corporate balance sheet or an evergreen structure never arrives as a fund close, so a firm doing that looks quiet here. Amounts are as of the last amendment and go stale. Dates are the date of first sale — a fund's first close, not its final one. Funds filed as “Indefinite” are excluded from totals rather than counted as zero, so a total is a floor.

“No recent fund” is a statement about filings. It is not a statement about whether a firm is solvent, investing, or still in business.