Investor Profile: Bond — Thesis, Cheque Size & How to Apply

When Mary Meeker — the Kleiner Perkins veteran behind the famous Internet Trends report — spun her growth team out of Kleiner Perkins in 2018, she created Bond, one of Silicon Valley's most watched growth-stage firms. If Bond funding is on your radar, know this: the firm writes large cheques for category-defining companies, backing names like Airbnb, Stripe, OpenAI and Canva from its San Francisco base. With a $1.25 billion debut fund and a $2 billion second vehicle, Bond plays the growth game — not seed.

Bond funding: the thesis

Bond describes its approach as "identifying global trends that drive innovation and change" and offering "trusted partnership supporting visionary founders". In practice, the firm is a mid-to-late growth investor targeting technology companies with proven traction and global ambition. Its coverage spans four broad arenas. In enterprise: Databricks, Ironclad, UiPath, Cockroach Labs and Retool. In consumer: Airbnb, DoorDash, Spotify, Canva, Pinterest, Snap and Duolingo. In fintech: Stripe, Block, Brex, Revolut, Robinhood, dLocal and Toss. And in healthcare: Sword Health, Collective Medical and OpenEvidence..

Cheque size & stages

Bond is a growth-stage investor, concentrating on roughly Series C and later rounds. The debut fund was deployed into about 20 companies, which tells you the average cheque is substantial. Publicly reported rounds include Bond leading Ironclad's Series D of at least $100 million and co-leading Locus Robotics' $150 million Series E at a $1 billion valuation. The firm does not publish a minimum or maximum cheque size, so founders should think in tens of millions of dollars, not seed rounds. This is capital for companies already scaling — typically with tens of millions in revenue and a clear path to market leadership.

Notable portfolio

Bond's official investment list runs to 66 companies and reads like a who's who of modern tech. Standouts include Airbnb, Canva, DoorDash, Wiz, OpenAI, Stripe, Block, Spotify, Uber, Snap, Pinterest, Instacart, Epic Games, SpaceX, Revolut, DocuSign, Ironclad, Databricks, BrowserStack, Meta and ElevenLabs. TechCrunch has also reported Byju's and Nextdoor as Bond portfolio companies. The team is led by founding General Partner Mary Meeker alongside partners including Noah Knauf, Mood Rowghani, Daegwon Chae, Paul Vronsky and Jay Simons, the former Atlassian president who leads Bond's global enterprise practice.

Programs & perks

Bond does not run an accelerator, fellowship or founder programme, and it publishes no startup credits or perks offering. The value on offer is the firm's network and growth-operating experience rather than structured support programmes.

How to apply for Bond funding

Bond does not publish a public pitch form or application portal. The official route is outreach through the firm's website at bondcap.com. As with most growth-stage firms of this size, introductions through the firm's network — existing portfolio founders, co-investors or bankers who know the partners — carry far more weight than cold outreach. Come prepared with audited-scale metrics: Bond backs companies that are already winning their category.