Fund profile

Emergence

San Francisco, United States

Not leading

About

Emergence Capital is a top-tier venture capital firm based in San Mateo, California, known for its focus on early-stage investments in enterprise software and SaaS companies. Founded in 2003, Emergence has built a reputation for backing visionary entrepreneurs and companies that are reshaping how businesses operate. The firm’s portfolio includes notable successes such as Salesforce, Zoom, Veeva Systems, and Bill.com, which have collectively transformed the enterprise software landscape. Emergence makes only 5-7 investments annually, which allows them to deeply engage with each portfolio company, offering strategic support beyond capital. Their investment thesis revolves around key areas such as cloud software, the deskless workforce, and industry-specific SaaS solutions. Some of their recent investments include companies like Project44, Gusto, and Doximity, all of which are leading in their respective fields. With over $320 billion in market cap across their portfolio, Emergence has helped shape the enterprise software sector, driving innovation and growth in B2B technologies. Their approach is highly selective, requiring unanimous enthusiasm from the firm before committing to any investment.

Details

Highlights

$1.5M

Historical average check

$106M

Historical max check

February 2025

Last investment date

241

Investments

Software & Apps

Real Estate & Proptech

Fintech & Financial services

AI & Deep Tech

Advertising & Marketing

E-commerce & Retail

Communications & Messaging

Other

Funds that also invest in Software & Apps