New fund·Closed Oct 14, 2026·Menlo Park, USOct 25

Pear VC

Pear Fund V

Silicon Valley pre-seed and seed firm co-founded in 2013 by Pejman Nozad and Mar Hershenson. Fund V closed at $333M, smaller than the $432M Fund IV of 2023, and takes assets under management past $1.1B; most of it goes to new pre-seed and seed deals over roughly two and a half years with the rest held for follow-ons. Alongside the close Pear promoted Arash Afrakhteh, Ajay Kamat and Shravan Reddy to general partner.

Fund size

$333M

as announced

Closed

Oct 14

2026 · final close

Check size

Members

min and max cheque

Stage

Members

and regions of investment

Focus

AIEnterpriseBiotechConsumerDeeptechFintechHealthtechPre-seedSeed