Pear, now nearly 10 years old and with numerous hits, looks to close its biggest fund by far

Pear, a Palo Alto, Ca.-based venture firm that we’ve been tracking since its outset in 2012, looks to be closing in on its fourth fund with $410 million in capital commitments, shows a new SEC filing.
It would be a big step up from Pear’s first three funds, which closed progressively with $50 million in 2013, $75 million in 2016, and $160 million in capital commitments in 2019, including from a longtime limited partner, the University of Chicago.
Reached for comment, cofounder Pejman Nozad emailed back, “I can’t comment!”
Nozad and cofounder Mar Hershenson have lo

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