Key Takeaways
- • Bessemer Venture Partners has appointed Justina Chung as Vice President in its London office, expanding the firm's European investment focus to include growth and expansion-stage SaaS investments alongside existing early-stage activity.
- • Chung joins Bessemer's London team (which includes Aditya Nidmarti and the office lead) after serving as Vice President at SoftBank Vision Fund, where she focused on European and Israeli technology investments and held board seats at Jobandtalent, Vestiaire Collective, and Atom Learning.
- • Bessemer has substantially deepened its European presence since opening its London office in fall 2021, now with 13 partners (half the partnership) having backed companies across the region, representing more than 50 investments focused on Cloud, Fintech, Cybersecurity, Gaming, Autonomous Robots, and AI.
- • The firm's London office recently relocated to Marylebone, reflecting commitment to anchoring operations in a core European tech hub and positioning for continued growth-stage deployment across the continent.
- • Chung's background in later-stage technology investing complements Bessemer's established track record backing early-stage European founders, including portfolio companies such as Skype, TeamViewer, Pipedrive, and Zopa that have achieved significant scale.
Summary
Bessemer Venture Partners has formalized the appointment of Justina Chung as Vice President in its London office, a strategic move signaling the firm's commitment to expanding beyond early-stage European investments into growth and expansion-stage SaaS opportunities. Chung's hire strengthens Bessemer's European operations at a time when the firm is consolidating its geographic presence and sharpening its investment thesis.
Chung arrives with substantial late-stage technology investing experience, having spent her most recent tenure as Vice President at SoftBank Vision Fund, where she focused on technology investments across Europe and Israel. During her tenure at SoftBank, she served on the boards of Jobandtalent, Vestiaire Collective, and Atom Learning, and participated in investments including Trendyol, CMR Surgical, and Sorare—a track record that brings operational visibility and portfolio company exposure directly relevant to Bessemer's expansion-stage deployment objectives.
Bessemer's European operations have grown substantially since the firm's formal entry into the region in 2004, with early-stage backing of companies like Skype and TeamViewer that matured into industry leaders. The firm's commitment intensified in fall 2021 when Bessemer relocated its London-based leadership to establish an official European hub. Today, half of Bessemer's partnership—13 partners—have backed companies across Europe, generating more than 50 investments concentrated in Cloud infrastructure, Fintech, Cybersecurity, Gaming, and emerging areas including Autonomous Robots and AI. The firm recently relocated its London office to Marylebone, reinforcing its anchoring in a primary European innovation hub.
Chung's appointment reflects Bessemer's dual-stage investment strategy in Europe. While the firm continues its historical focus on seed and Series A stage companies reshaping industries—recent examples include Choco, Eye Security, Peptone, and Upvest—Chung's expertise positions Bessemer to systematically pursue expansion-stage growth investments where companies require capital for geographic scaling and market consolidation. This strategic segmentation allows Bessemer to capture value across the European technology development curve while leveraging its established relationships with early-stage founders and its growing visibility into mature-stage opportunities.
Chung arrives with substantial late-stage technology investing experience, having spent her most recent tenure as Vice President at SoftBank Vision Fund, where she focused on technology investments across Europe and Israel. During her tenure at SoftBank, she served on the boards of Jobandtalent, Vestiaire Collective, and Atom Learning, and participated in investments including Trendyol, CMR Surgical, and Sorare—a track record that brings operational visibility and portfolio company exposure directly relevant to Bessemer's expansion-stage deployment objectives.
Bessemer's European operations have grown substantially since the firm's formal entry into the region in 2004, with early-stage backing of companies like Skype and TeamViewer that matured into industry leaders. The firm's commitment intensified in fall 2021 when Bessemer relocated its London-based leadership to establish an official European hub. Today, half of Bessemer's partnership—13 partners—have backed companies across Europe, generating more than 50 investments concentrated in Cloud infrastructure, Fintech, Cybersecurity, Gaming, and emerging areas including Autonomous Robots and AI. The firm recently relocated its London office to Marylebone, reinforcing its anchoring in a primary European innovation hub.
Chung's appointment reflects Bessemer's dual-stage investment strategy in Europe. While the firm continues its historical focus on seed and Series A stage companies reshaping industries—recent examples include Choco, Eye Security, Peptone, and Upvest—Chung's expertise positions Bessemer to systematically pursue expansion-stage growth investments where companies require capital for geographic scaling and market consolidation. This strategic segmentation allows Bessemer to capture value across the European technology development curve while leveraging its established relationships with early-stage founders and its growing visibility into mature-stage opportunities.
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