Pear VC

We’ve raised over $1B at a $26B valuation, led by Lux Capital, General Catalyst, and 8VC. We’re grateful that our existing investors have doubled down including Founders Fund, Definition, Omri Casspi, Conversion Capital, Positive Sum, Avenir, Vitruvian Partners, Bain Capital Ventures (BCV), 137 Ventures, Soma Capital, and Alpha Wave Global. And we are excited to welcome new investors including Ribbit Capital, Atreides Management, LP, and Layer Global. We launched Devin two years ago as the first AI software engineer. Since then, cloud agents have gone from niche to mainstream, and today they are the fastest growing way to create software. Our enterprise usage has grown >10x since the start of this year, and our run-rate revenue grew to $492M. We've also started building our model training program. We recently launched SWE-1.6, which has become the most used model in Windsurf, and which customers love for both its cost and speed (up to 950 tok/s). Today, Devin is responsible for 89% of the PRs written at Cognition. Devin has dramatically accelerated our product roadmap, building and shipping new features like Devin Review, Auto-Triage, Managed and Scheduled Devins, Windsurf 2.0, and more. We’ve been working to scale our team to match this moment. Cognition began as a team of 9 engineers working out of a living room, and now stands as a global team of more than 250. In the past few months, we have opened international offices in London, Tokyo and Singapore.  If you’re excited about building the future of software engineering in a world with many more software engineers, join us. And if you haven’t seen the latest in Devin firsthand, try it out now. Learn more: https://lnkd.in/eNuuevpc

Today we introduce Speridlabs.   The world is not flat. That is why we are building Spatial AI — foundation models that understand and generate the 3D world.   Out of stealth. Backed by Base10 Partners and Pear VC. https://lnkd.in/ezbx-Tja → The shape of intelligence.

Almost four years ago, my mother-in-law was diagnosed with breast cancer. We became the quarterbacks of her care, and despite having more than a dozen physicians in the immediate family, it was incredibly challenging to navigate the care journey. If it was so hard for us, I quickly realized that the average American doesn't stand a chance. That’s why I’m so excited to announce Kin Health's $9 million seed round, led by Maveron, with participation by Town Hall Ventures, Flex Capital, Eniac Ventures, The Family Fund & Founder Community, Pear VC, Watershed Ventures, Foundry Square Capital, and individual investors including GoodRx co-founders Trevor Bezdek and doug hirsch, Nabeel Quryshi, Jay Desai, Alex Cohen, Saharsh Patel, MD, and more than 30 physicians. Kin listens to your medical visits and turns them into plain-language summaries you can actually use and share with your loved ones. Over time, it builds a health record of what your doctor actually said to you, putting you in control of your healthcare data, on your terms, for the first time. Thank you to Ivan Mehta for sitting down and talking with us about our journey and vision to transform how every American engages with their healthcare. Check out his TechCrunch piece in the comments below. 

Today, we are introducing Forus (formerly Tandem) and announcing $160M raised to build the foundation for modern medicine. Science should be the only limit to medicine. Today it isn't. Drug discovery is moving faster, but the system that turns it into real-world treatment isn't. Forus is building the AI-powered network that connects doctors, pharmacies, payers, and biopharma to bring new science to patients. Forus is a generational opportunity to rethink how new medicines reach society. Thousands of medical practices and health systems across all 50 states use Forus today, supporting patients in nearly 80% of U.S. zip codes – all driven by word of mouth. Five of the top 10 global biopharma companies are already working with us. We are working to unlock an order of magnitude more medicine for society. Our team is about 100 engineers and operators in New York, and we're looking for high-horsepower, high-throughput people whose ambition matches that goal. Backed by Thrive Capital, General Catalyst, Accel, Bain Capital Ventures (BCV), Redpoint, BoxGroup, and Pear VC. Join us: forus.com/company Read more: https://lnkd.in/egMix9ms

Our mission at Gusto is to grow the small business economy with technology and heart. We are deeply grateful to all the work small businesses do every day in communities everywhere, and we are committed to being their partner, taking hats off their head, delivering them peace of mind, and giving them superpowers, so they can progress their business. Allie Garfinkle from Fortune has been following Gusto for a long time, and we recently shared with her some milestones in our journey of building Gusto (including passing $1b of revenue). These are still the early days of what’s possible. We are building Gusto for the long term, and when small businesses succeed, we succeed. Link to Fortune article is below