Chetan Puttagunta is a General Partner at Benchmark, a venture capital firm. See contact routes.
Chetan Puttagunta is a General Partner at Benchmark, a venture capital firm, having joined in July 2018 after serving as a General Partner at New Enterprise Associates (NEA) from 2011 to 2018. He specializes in early-stage investments at the seed and Series A levels, focusing on enterprise software, cloud infrastructure, developer tools, data infrastructure, and cybersecurity. His typical investment range is $1 million to $15 million, with a sweet spot around $8 million, and he frequently acts as a lead partner, having led 41 deals. Notable portfolio companies include Elastic, where he serves as Chairman, as well as Airbyte, LangChain, Modern Treasury, and MongoDB. Puttagunta holds a distinctive view that open-source software is the primary distribution motion for reaching developers, a thesis he has articulated since his NEA days. He emphasizes the need for a technical thesis underpinning any pitch, leveraging his Electrical Engineering background and algorithm research from Stanford to probe infrastructure assumptions rather than accepting generic AI enthusiasm.
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