Bessemer/Deer affiliates filed a Schedule 13G reporting beneficial ownership in StubHub Holdings, Inc. as of 09/30/2025 for Class A Common Stock (CUSIP 86384P109). The filing lists stakes held across multiple related entities.
Key reported holdings and stakes include: Deer VIII & Co. entities with 20,319,804 shares representing 6.6% of the class; Bessemer Venture Partners VIII Institutional L.P. with 11,094,612 shares (3.6%); Bessemer Venture Partners VIII L.P. with 9,225,192 shares (3.0%); Deer X & Co. entities with 1,718,685 shares (0.6%); Bessemer Venture Partners Century Fund Institutional L.P. with 1,483,570 shares (0.5%); Bessemer Venture Partners Century Fund L.P. with 235,115 shares (0.08%); and Cloud All Star Fund, L.P. and Deer Management Co. LLC each with 46,808 shares (0.02%).
The reporting persons generally disclose sole voting and dispositive power over their respective shares, with shared powers shown as zero in the ownership breakdown. The relationships among entities are detailed, including general partner and management roles that may result in deemed beneficial ownership.
Positive
None.
Negative
None.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
StubHub Holdings, Inc.
(Name of Issuer)
Class A Common Stock, $0.001 par value per share
(Title of Class of Securities)
86384P109
(CUSIP Number)
09/30/2025
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
SCHEDULE 13G
CUSIP No.
86384P109
1
Names of Reporting Persons
Bessemer Venture Partners VIII L.P.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
CAYMAN ISLANDS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
9,225,192.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
9,225,192.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
9,225,192.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
3.0 %
12
Type of Reporting Person (See Instructions)
PN
SCHEDULE 13G
CUSIP No.
86384P109
1
Names of Reporting Persons
Bessemer Venture Partners VIII Institutional L.P.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
CAYMAN ISLANDS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
11,094,612.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
11,094,612.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
11,094,612.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
3.6 %
12
Type of Reporting Person (See Instructions)
PN
SCHEDULE 13G
CUSIP No.
86384P109
1
Names of Reporting Persons
Bessemer Venture Partners Century Fund Institutional L.P.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
CAYMAN ISLANDS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
1,483,570.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
1,483,570.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,483,570.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0.5 %
12
Type of Reporting Person (See Instructions)
PN
SCHEDULE 13G
CUSIP No.
86384P109
1
Names of Reporting Persons
Bessemer Venture Partners Century Fund L.P.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
CAYMAN ISLANDS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
235,115.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
235,115.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
235,115.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0.08 %
12
Type of Reporting Person (See Instructions)
CO
SCHEDULE 13G
CUSIP No.
86384P109
1
Names of Reporting Persons
Deer VIII & Co. L.P.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
CAYMAN ISLANDS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
20,319,804.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
20,319,804.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
20,319,804.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
6.6 %
12
Type of Reporting Person (See Instructions)
PN
SCHEDULE 13G
CUSIP No.
86384P109
1
Names of Reporting Persons
Deer VIII & Co. Ltd.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
CAYMAN ISLANDS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
20,319,804.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
20,319,804.00
8
Shared Dispositive Power
20,319,804.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
20,319,804.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
6.6 %
12
Type of Reporting Person (See Instructions)
CO
SCHEDULE 13G
CUSIP No.
86384P109
1
Names of Reporting Persons
Deer X & Co. L.P.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
CAYMAN ISLANDS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
1,718,685.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
1,718,685.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,718,685.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0.6 %
12
Type of Reporting Person (See Instructions)
PN
SCHEDULE 13G
CUSIP No.
86384P109
1
Names of Reporting Persons
Deer X & Co. Ltd.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
CAYMAN ISLANDS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
1,718,685.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
1,718,685.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,718,685.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0.6 %
12
Type of Reporting Person (See Instructions)
CO
SCHEDULE 13G
CUSIP No.
86384P109
1
Names of Reporting Persons
Cloud All Star Fund, L.P.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
46,808.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
46,808.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
46,808.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0.02 %
12
Type of Reporting Person (See Instructions)
PN
SCHEDULE 13G
CUSIP No.
86384P109
1
Names of Reporting Persons
Deer Management Co. LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
46,808.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
46,808.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
46,808.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0.02 %
12
Type of Reporting Person (See Instructions)
OO
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
StubHub Holdings, Inc.
(b)
Address of issuer's principal executive offices:
175 Greenwich Street, 59th Floor, New York, NY 10007
Item 2.
(a)
Name of person filing:
This statement is being filed by the following persons with respect to certain shares of Class A Common Stock (the "Shares" or the "Common Stock") of the Issuer. Bessemer Venture Partners VIII L.P. ("BVP VIII"), Bessemer Venture Partners VIII Institutional L.P. ("BVP VIII Inst" and together with BVP VIII, the "BVP III Funds"), Bessemer Venture Partners Century Fund Institutional L.P. ("BVP CF Inst"), and Bessemer Venture Partners Century Fund L.P. ("BVP CF", and together with BVP CF Inst, the "BVP Century Funds") directly own shares of Class A Common Stock.
Deer VIII & Co. Ltd. ("Deer VIII Ltd") is the general partner of Deer VIII & Co. L.P. ("Deer VIII LP"), which is the general partner of the BVP III Funds.
Deer X & Co. Ltd. ("Deer X Ltd") is the general partner of Deer X & Co. L.P. ("Deer X LP"), which is the general partner of the BVP Century Funds.
Cloud All Star Fund, LP ("CASF") directly own shares of Class A Common Stock. Deer Management Company LLC ("Deer") is the management company of the Funds and owns a material interest in Cloud All Star Fund GP, LLC, the general partner of CASF.
BVP VIII, BVP VIII Inst, BVP CF Inst, BVP CF, CASF, Deer VIII Ltd, Deer VIII LP, Deer X Ltd, Deer X LP and Deer are sometimes individually referred to herein as a "Reporting Person" and collectively as the "Reporting Persons."
(b)
Address or principal business office or, if none, residence:
The address of the principal business office of the Reporting Persons is:
c/o Bessemer Venture Partners
1865 Palmer Avenue; Suite 104
Larchmont, NY 10583
(c)
Citizenship:
Cayman Islands and Delaware
(d)
Title of class of securities:
Class A Common Stock, $0.001 par value per share
(e)
CUSIP No.:
86384P109
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
As the general partner of Deer VIII & Co. L.P., which in turn is the general partner of the BVP III Funds, Deer VIII & Co. Ltd. may be deemed to beneficially own all 20,319,804 Shares held directly by the BVP III Funds and have the power to direct the dividends from or the proceeds of the sale of such Shares. As the general partner of Deer X & Co. L.P., which in turn is the general partner of the BVP Century Funds, Deer X & Co. Ltd. may be deemed to beneficially own all 1,718,685 Shares held directly by the BVP Century Funds and have the power to direct the dividends from or the proceeds of the sale of such Shares. Deer owns a material interest in Cloud All Star Fund GP, LLC, the general partner of CASF, Deer may be deemed to beneficially own all 46,808 Shares held directly by CASF and have the power to direct the dividends from or the proceeds of the sale of such Shares.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
Not Applicable
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Bessemer Venture Partners VIII L.P.
Signature:
/s/ Scott Ring
Name/Title:
Scott Ring, General Counsel, Deer VIII & Co. Ltd., the General Partner of Deer VIII & Co. L.P., the General Partner of Bessemer Venture Partners VII
Date:
11/14/2025
Bessemer Venture Partners VIII Institutional L.P.
Signature:
/s/ Scott Ring
Name/Title:
/s/ Scott Ring, General Counsel Deer VIII & Co. Ltd., the GP of Deer VIII & Co. L.P.
Date:
11/14/2025
Bessemer Venture Partners Century Fund Institutional L.P.
Signature:
/s/ Scott Ring
Name/Title:
Scott Ring, GC Deer X &Co. Ltd., the GP of Deer X & Co. L.P., the GP of Bessemer Venture Partners X, L.P.
Date:
11/14/2025
Bessemer Venture Partners Century Fund L.P.
Signature:
/s/ Scott Ring
Name/Title:
Scott Ring, GC Deer X&Co. Ltd., the GP of Deer X &Co. L.P., the GP of Bessemer Venture Partners X Institutional L.P.
Date:
11/14/2025
Deer VIII & Co. L.P.
Signature:
/s/ Scott Ring
Name/Title:
Scott Ring, General Counsel, Deer VIII & Co. Ltd., the General Partner of Deer VIII & Co. L.P.
Date:
11/14/2025
Deer VIII & Co. Ltd.
Signature:
/s/ Scott Ring
Name/Title:
Scott Ring, General Counsel, Deer VIII & Co. Ltd.
Date:
11/14/2025
Deer X & Co. L.P.
Signature:
/s/ Scott Ring
Name/Title:
Scott Ring, General Counsel, Deer X & Co. Ltd., the General Partner of Deer X & Co. L.P.
Date:
11/14/2025
Deer X & Co. Ltd.
Signature:
/s/ Scott Ring
Name/Title:
Scott Ring, General Counsel, Deer X & Co. Ltd.
Date:
11/14/2025
Cloud All Star Fund, L.P.
Signature:
/s/ John Ailanjian
Name/Title:
John Ailanjian, Managing Member and Authorized Signatory
Affiliates of Bessemer Venture Partners and Deer entities, including BVP VIII, BVP VIII Institutional, BVP Century funds, Cloud All Star Fund, Deer VIII & Co., Deer X & Co., and Deer Management Co. LLC.
What is the largest reported stake in StubHub (STUB)?
Deer VIII & Co. entities reported 20,319,804 shares, representing 6.6% of the Class A Common Stock.
What did Bessemer Venture Partners VIII Institutional report?
BVP VIII Institutional reported 11,094,612 shares, representing 3.6% of the class.
What did Bessemer Venture Partners VIII L.P. report?
BVP VIII L.P. reported 9,225,192 shares, representing 3.0% of the class.
What voting/dispositive powers are disclosed?
The filing shows sole voting and dispositive power over the reported shares for each entity in the ownership breakdown.
What is the event date for the reported ownership?
The event date is 09/30/2025.
Which smaller positions are disclosed?
Deer X entities: 1,718,685 shares (0.6%); BVP Century Fund Institutional: 1,483,570 (0.5%); BVP Century Fund L.P.: 235,115 (0.08%); Cloud All Star Fund and Deer Management: 46,808 each (0.02%).
