Bessemer Venture Partners works with audacious founders at every stage of the entrepreneurial journey, and the firm invests worldwide, wherever great founders are building. The firm recently welcomed Justina Chung to focus on expansion and growth stage European SaaS investments. Chung joins as a Vice President and bolsters the London-based investment team along with investor Aditya Nidmarti and partner Alex Ferrara.
Chung expands the London team’s focus to include later-stage investments. Bessemer will continue to invest at the seed and Series A stages, building on the firm’s long-running tradition of backing early-stage European companies that are reshaping industries across sectors, including companies like ANYbotics, Apron, Choco, Eye Security, Peptone, Upvest, Skype, Teamviewer, Pipedrive, Vertice, NewVoiceMedia, and Zopa.
Chung was a Vice President at SoftBank Vision Fund, focusing on technology investments in Europe and Israel, where she served on the board of Jobandtalent, Vestiaire Collective, and Atom Learning and invested in companies like Trendyol, CMR Surgical and Sorare. And she was also an investment banker at Goldman Sachs (London and Hong Kong) and Credit Suisse (Hong Kong) and began her career as an analyst at Kabouter Management LLC.
KEY QUOTES:
“We made our first investment in Europe in 2004, and today 13 of our partners—half the partnership—who have backed companies in the region, with more than 50 investments made across Europe. In the fall of 2021, I relocated my family from New York to officially open our first office in London and be closer to European founders and tech hubs. Most recently, we expanded our space and settled into a new office in London’s Marylebone neighborhood, where we will continue to anchor investments in our core “roadmaps” or theses within areas of European Cloud, Fintech, Cybersecurity, and Gaming, as well as emergent areas like Autonomous Robots and AI.”
— Bessemer Venture Partners partner Alex Ferrara
“With over 20 companies from the 2023 Cloud 100 list hailing from Europe, it’s evident that the region is a powerhouse of innovation, and I’m looking forward to partnering with entrepreneurs in Europe who are building enduring businesses. Cloud software and AI will continue to play a pivotal role in transforming global productivity, and we are as optimistic as ever to back the evolving global cloud economy.”
— Justina Chung
