# Pear VC Raises $333 Million Fifth Fund to Expand Early-Stage Venture Investing

- URL: https://stocks.freetheai.org/news/pear-vc-raises-333-million-fifth-fund-to-expand-early-stage-venture-investing-a926c2
- Published: 2026-10-15T00:44:28Z
- Category: company_news; sentiment: neutral; impact: medium
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Early-stage venture capital firm Pear VC announced the launch of Pear Fund V, securing $333 million in commitments. The new fund brings the firm's total assets under management to more than $1.1 billion. Alongside the fund launch, co-founders Pejman Nozad and Mar promoted Arash Afrakhteh, Ajay Kamat, and Shravan Reddy to general partners.

The firm targets pre-seed and seed investments, evaluating thousands of startup opportunities annually through university initiatives, hackathons, founder studios, and its PearX program. Pear VC has previously backed companies such as DoorDash, Gusto, Guardant Health, Vanta, and Listen Labs. The expanded partner team brings additional domain expertise, with Afrakhteh focusing on enterprise software, artificial intelligence, and cloud infrastructure, while Kamat leads investments across consumer, fintech, and healthcare startups.

With fresh capital and increased partner leadership, Pear VC plans to continue leveraging its founder services, internal engineering team, and university network to identify and support early-stage technology founders.

## Key points

- Pear VC launched Pear Fund V with $333 million in capital.
- Total assets under management at the early-stage venture firm crossed $1.1 billion.
- Arash Afrakhteh, Ajay Kamat, and Shravan Reddy were named general partners.
- The firm's past investments include DoorDash, Gusto, Guardant Health, Vanta, and Listen Labs.

## Questions and answers

### How much money did Pear VC raise for Pear Fund V?

Pear VC raised $333 million for its fifth fund, Pear Fund V, bringing its total assets under management to over $1.1 billion.

### Who are the new general partners at Pear VC?

Pear VC named Arash Afrakhteh, Ajay Kamat, and Shravan Reddy as general partners alongside co-founders Pejman Nozad and Mar.

### Which companies has Pear VC backed?

Pear VC has backed portfolio companies including DoorDash, Gusto, Guardant Health, Vanta, and Listen Labs.