Active

Pear Ventures

Q: When was Pear Ventures last fund created?

Pear Ventures last fund was created/launched in 2026-10-15.

General contacts

Investor type

Founded

2013

AUM

$432 M

Location

San Francisco, California, United States

Investment Ticket

$0-1 m

Investment Stage

Seed Pre-seed Series A

Region of investment

North America

ESG Focus

Impact investor Women

Investor profile last updated: 16 October, 2026

Profile

Pear Ventures is a venture capital firm based in San Francisco, California, founded in 2013. The firm was established by Mar Hershenson and Pejman Nozad, both of whom have extensive backgrounds in entrepreneurship and venture capital. Pear Ventures is known for its hands-on approach, often partnering with founders at the earliest stages of their companies to provide strategic guidance and operational support.

The firm primarily invests in technology sectors, including AI, fintech, SaaS, and deeptech, with a focus on seed and Series A rounds. Pear Ventures typically writes checks ranging from $250K to $3M. The firm has a strong presence in the United States, particularly in Silicon Valley, and manages several funds, including Pear Fund IV and Pear VC Fund V, with assets under management totaling over $1 billion.

Notable investments by Pear Ventures include DoorDash - a leading food delivery service, Gusto - a payroll and benefits platform, and Hertha Metals - a company innovating in steel production. The firm has a track record of backing successful startups, with several portfolio companies achieving unicorn status or going public.

Industry

Transportation Telecommunications Sports/SportsTech Software Security Robotics Real Estate Pharmaceuticals Medical Devices Media and Entertainment Marketing and Advertising Healthcare Services Gaming Foodtech Food and Beverage Fintech Financial Services Fashion/Beauty Edtech Education Consumer Products Consumer Services (B2C) AI Other Travel MedTech Technology Life Sciences Infrastructure Energy LegalTech HealthTech AdTech TravelTech Biotechnology Business Services (B2B) Deeptech

Pear Ventures Funds

Name	Type	Industry	Stage	Region	Size	AUM	Launch date
Pear Fund IV	Venture Capital (VC)	Consumer Products Consumer Services (B2C) Fintech AI	Seed	North America	$5-10 m	$423 M	May 2023
Pear Ventures IV	Venture Capital (VC)	Education Edtech Fashion/Beauty Financial Services Fintech Food and Beverage Foodtech Gaming Healthcare Services Marketing and Advertising Media and Entertainment Medical Devices Other Pharmaceuticals Real Estate Robotics Security Software Sports/SportsTech Telecommunications Transportation Travel MedTech Technology Life Sciences Infrastructure Energy LegalTech HealthTech AdTech TravelTech	Seed	North America	$10-50 m	$432 M	January 2024
Pear VC Fund V	Venture Capital (VC)	Biotechnology Business Services (B2B) Consumer Products Fintech Healthcare Services AI Deeptech	Pre-seed Seed	North America	$0-1 m	$333 M	October 2026

Contacts

Name

Title

Social Networks

Mar Hershenson Managing Partner

Managing Partner

m•••@•••

Pejman Nozad Founding Managing Partner

Founding Managing Partner

p•••@•••

Upgrade to see contacts

lbcZ32jiptmB0OeV lbcZ32jiptmB0OeV

lbcZ32jiptmB0OeV

[email protected]

lbcZ32jiptmB0OeV lbcZ32jiptmB0OeV

lbcZ32jiptmB0OeV

[email protected]

lbcZ32jiptmB0OeV lbcZ32jiptmB0OeV

lbcZ32jiptmB0OeV

[email protected]

Investment-team contacts for Pear Ventures — including verified work emails and LinkedIn profiles — are available to Private Equity List subscribers.
Instant access on the web. Plans from $129/month — see pricing.

Contacts sourced from the firm's website and LinkedIn, re-verified on a rolling cycle. Spot a stale contact, or none at all? Report it — we re-run that firm within 48h and get back to you.

FAQs about Pear Ventures

Is Pear Ventures a venture capital or private equity firm?

Pear Ventures is a venture capital firm. It backs companies at Seed, Pre-seed and Series A, writing tickets of $0-1 m.

Where is Pear Ventures located?

Pear Ventures is located in San Francisco, California, United States.

When was Pear Ventures founded?

Pear Ventures was founded in 2013.

What sectors and industries does Pear Ventures invest in?

Pear Ventures invests in companies and startups in Transportation, Telecommunications, Sports/SportsTech, Software, Security, Robotics, Real Estate, Pharmaceuticals, Medical Devices, Media and Entertainment, Marketing and Advertising, Healthcare Services, Gaming, Foodtech, Food and Beverage, Fintech, Financial Services, Fashion/Beauty, Edtech, Education, Consumer Products, Consumer Services (B2C), AI, Other, Travel, MedTech, Technology, Life Sciences, Infrastructure, Energy, LegalTech, HealthTech, AdTech, TravelTech, Biotechnology, Business Services (B2B), Deeptech.

What is Pear Ventures geographical focus of investments?

Pear Ventures invests in companies and startups in North America.

At what stages of companies and startups does Pear Ventures typically invest in?

Pear Ventures invests in companies and startups at Seed, Pre-seed, Series A.

What is the usual amount of Pear Ventures investment?

Pear Ventures usually invests $0-1 m on average.

What is the amount of assets of under management (AUM) for Pear Ventures?

Pear Ventures has around $432m assets under management.

When was Pear Ventures last fund created?

Pear Ventures last fund was created/launched in 2026-10-15

Does Pear Ventures invest and support LGBTQ, female and other minorities startups and founders?

Pear Ventures invests and supports Women startups and founders.

Is Pear Ventures impact investor?

Yes, Pear Ventures is impact investor.

What are the contacts of Pear Ventures?

Pear Ventures can be reached through its website pear.vc, its LinkedIn page and its X account. Its general enquiries address is [email protected]. Cold-mailing a general inbox rarely reaches a partner, so Private Equity List also lists the investment-team contacts for Pear Ventures — names, roles, verified work emails and LinkedIn profiles — available on a Pro plan from $129/month (see pricing). Contacts are sourced from the firm's website and LinkedIn and re-verified on a rolling cycle. Spot a stale contact, or none at all? Report it — we re-run that firm within 48h and get back to you.

Can I access Pear Ventures data via API or MCP?

Yes. Every field on this page — profile, funds, investment criteria, portfolio and investment-team contacts — is available programmatically through the Private Equity List REST API and MCP server, so AI assistants such as Claude and ChatGPT can query Pear Ventures directly instead of scraping this page. One subscription covers both the web app and machine access — see API & MCP.

When was the Pear Ventures profile last updated?

Private Equity List re-verifies investor profiles on a rolling cycle, pulling from the firm's own website and LinkedIn rather than a one-off import. This profile was last updated on 16 October, 2026. Something out of date here? Report it — we re-run that firm within 48h and get back to you.