Meritech Capital Partners

Founded 1999
Founders Mike Gordon Paul Madera Rob Ward

Overview

Unlock datapoints

Portfolio analytics

Team

Investments

News & Media

Add fund to favorites
info
Save this fund for later to form your own custom list of funds
This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.
Total investments 298
Average round size
info
The average size of a deal this fund participated in
$57M
Portfolio companies 186
Rounds per year 13.55
Lead investments 46
Follow on index
info
How often the fund supports its portfolio startups at next rounds
0.28
Exits 92
Key employees 7
Stages of investment
Late Stage Venture
Private Equity

Areas of investment

  • Software
  • Enterprise Software
  • Information Technology
  • SaaS
  • Internet
Summary

Meritech Capital Partners appeared to be the VC, which was created in 1999. The leading representative office of defined VC is situated in the Palo Alto. The venture was found in North America in United States.

The fund was created by Mike Gordon, Paul Madera, Rob Ward. The overall number of key employees were 7.

The usual cause for the fund is to invest in rounds with 5-6 partakers. Despite the Meritech Capital Partners, startups are often financed by Mayfield Fund, DFJ, Versant Ventures. The meaningful sponsors for the fund in investment in the same round are Salesforce Ventures, Greylock Partners, Goldman Sachs. In the next rounds fund is usually obtained by New Enterprise Associates, Kleiner Perkins, IVP (Institutional Venture Partners).

The fund has no exact preference in some founders of portfolio startups. When startup sums 5+ of the founder, the probability for it to get the investment is little. Moreover, a startup needs to be at the age of 6-10 years to get the investment from the fund. Among the most popular portfolio startups of the fund, we may highlight Facebook, Snap, Tableau. For fund there is a match between the country of its foundation and the country of its the most frequent investments - United States. Among the most popular fund investment industries, there are Telecommunications, Information Technology.

The higher amount of exits for fund were in 2011. The fund is constantly included in 7-12 deals per year. Opposing the other organizations, this Meritech Capital Partners works on 13 percentage points more the average amount of lead investments. Considering the real fund results, this VC is 26 percentage points more often commits exit comparing to other organizations. The common things for fund are deals in the range of 50 - 100 millions dollars. The typical startup value when the investment from Meritech Capital Partners is more than 1 billion dollars. The important activity for fund was in 2000. Despite it in 2019 the fund had an activity.

Read more

Funds with similar focus

Funds from United States, Palo Alto
Funds with similar focus located in United States, Palo Alto:
Funds with the same geo focus
Funds with similar geography of portfolio companies:
Funds doing lead investments
Funds with similar focus acting as lead investors:

Notable deals

CompanyIndustryRoundRound SizeDateInvestorsLocation

Xentral

Enterprise Resource Planning (ERP)
Product Management
Software
1
$75M17 Aug 2021 Germany, Augsburg

Pendo

Analytics
Apps
Automation/Workflow Software
Business/Productivity Software
Enterprise Software
Guides
Mobile
Product Design
Product Management
SaaS
Software
UX Design
1
$150M26 Jul 2021 United States, Raleigh

FloQast

Accounting
B2B
Enterprise Software
SaaS
Software
1
$110M21 Jul 2021 United States, Los Angeles

Flock Safety

Communities
Hardware
Homeland Security
Machine Learning
Security
Software
1
$150M13 Jul 2021 United States, Atlanta

Element Biosciences

Biotechnology
Information Technology
1
$276M29 Jun 2021 United States, San Diego

Extend

Consumer
Developer APIs
E-Commerce
Retail
1
$260M18 May 2021 United States, San Francisco

Kajabi

CRM
EdTech
Lead Generation
Marketing
Software
1
$550M04 May 2021 United States, Irvine

Pendulum Therapeutics

Biotechnology
Health Diagnostics
Life Science
Medical
Therapeutics
Wellness
1
$54M07 Apr 2021 United States, San Francisco

Polly

SaaS
Software
1
$15M25 Mar 2021 United States, San Francisco
News
Self Financial Raises $50M in Series E Funding
– Self Financial from Austin, TX, enables consumers to build credit and savings. – The company raised $50m in Series E funding. – The round was led by Altos Ventures with participation from Meritech Capital and Conductive Ventures. – The new investment will be aimed at further scaling the business to make building credit accessible for Americans. Read more
Aviatrix Raises $200M in Series E Funding
– Aviatrix from Santa Clara provides cloud networking and security software for enterprises. – The company raised $200m in Series E funding. – The round was led by TCV with participation from new investors Insight Partners and Tiger Global, and existing investors CRV, Formation 8, General Catalyst, Greenspring Associates, Ignition, Liberty Global Ventures, Meritech Capital and TrueBridge Capital Partners. – The new investment will be aimed at scaling the worldwide sales and support operations. Read more

Review

  • No reviews are submitted yet.
Do you want more?
We provide dozens of additional datapoints about this fund.
Sign up and get access to full fund profile and advanced analysis.
Full team
Industries heatmap
Stages heatmap
Georgaphy breakdown
Coinvestors
Portfolio analysis
Performance indexes
Latest highlights
Unlock all data
Do you represent Meritech Capital Partners?
Get access to manage this page
Get in touch
Found incorrect info? Let us know!
Crunchbase icon

Content report

The following text will be sent to our editors: