Benchmark

We are thrilled to share that @jaltma is joining Benchmark as our newest General Partner.

The Benchmark partnership is built on a shared commitment to the craft of venture capital, where our work is defined by the depth of service and commitment to the founders we work with. We believe this work does not scale and is best practiced where we win as a team of partners. By operating as a true partnership rather than a collection of individual franchises, we ensure that every founder we back benefits from our combined experience and a singular, shared commitment to their success.

We first met Jack as a founder of Lattice over a decade ago. We followed Jack as he built Lattice into a leader in its category and navigated the turbulence that every software company faced in 2020. We admired Jack’s character and the way he prioritized transparency and authenticity to build a great team. That same value system defined his transition to founding a venture capital firm, Alt Cap, where he has made a familiar commitment to craft and service over capital.

As an investor, Jack has partnered with some of the most ambitious founders of the generation with his investments in Legora, Rogo, Owner, Avoca, Rippling, and many others. Founders told us “I call Jack first to work through the toughest problems,” “He is my most trusted partner on the board,” and “Jack provides steady and grounded support that is rooted in having been a founder himself.” He combines relentless energy, deep intellectual curiosity, and a competitiveness to see founders win, all anchored by high integrity.

We have always believed that our firm’s strength lies in its equal partnership: a small, focused group of individuals who operate with the same authority, responsibility, and singular mission to support entrepreneurs from the earliest stages. By joining our partnership, Jack brings a fresh perspective that will help us continue this mission.

Welcome to Benchmark, Jack.

– Ev, Chetan, Eric, Peter

Today, @everettrandle joins Benchmark as our newest General Partner.

Benchmark was founded in 1995 by venture capitalists and entrepreneurs in their 30s. It has been re-founded by the same phenotype many times in the last 30 years. Benchmark has held fast to a simple truth: exceptional teams are built by those who place collective success above individual recognition. We seek partners who resist the industry's pull toward diluted relationships, who maintain direct, unmediated connections with founders, and who approach this work not as a career but as a decades-long calling.

We’ve known Ev as a fellow venture capitalist for years and it was the consistent praise from entrepreneurs that truly set him apart. Time and again, founders told us: "Ev is my first call when working through challenges," "His collaboration comes from genuine humility," "He delivers the highest return on my cap table," and "His Midwestern approach, excellence without ego, is inspiring." Most compelling was how deeply founders connected with Ev's authentic commitment to serving them and their missions.

Ev's track record of investing in Rippling, Huntress, SpaceX, Mirage, Flock Safety, Stord, Chainguard, and others demonstrates exceptional judgment. But beyond the track record, he brings insatiable curiosity, genuine intellectual humility, and a quiet competitive fire that elevates everyone around him.

At Benchmark, our structure remains intentionally flat: equal partners, each with identical authority, responsibility, and ownership. When we encounter someone who embodies the gravity of a founder of Benchmark, the recognition is immediate and mutual.

Welcome to Benchmark, Ev.

– Chetan, Eric, Peter

Black Lives Matter. We support our companies and teams as they stand with the Black community. The partners of Benchmark have been and are contributing to organizations such as @eji_org, @NAACP_LDF, and @innocence. Please consider joining us, there's much more to do.

1/ Thrilled for @krisfredrickson to join Coatue as Partner. Terrific opportunity. Grateful for all Kris has done for @benchmark!

We've been admirers of the work and character of @dkhos for years, and are thrilled to have him leading @Uber 2.0