Emergence Capital

??Survey alert! ?? Our enormously popular Beyond Benchmarks report is back for another edition! This time we're partnering with our friends at Benchmarkit to make it happen. If YOU are a senior leader at a SaaS company, we'd love your help making this survey useful to the community by sharing your data (which will be aggregated/anonymous) here: https://lnkd.in/gjT-XcKX

Thanks, Eric Tarczynski, for this great conversation. Everything you need to know about Emergence in 13:24. Enjoy!

When I founded Emergence Capital in 2003, it was with a simple but radical belief: that the most important companies of our time would be the ones transforming the way the world works. After founding Software As Service with Marc Benioff, I saw firsthand that SaaS would lead the next transformation. Back then, the idea of betting on SaaS founders at the earliest stages wasn’t obvious. But we believed—and continue to believe—that supporting transformational builders with deep focus, conviction, and partnership could truly bend the odds of success. Today, I’m proud to share that Emergence has raised Emergence VII—a $1 billion fund dedicated to exactly that mission. Over the past 20+ years, we’ve had the privilege to partner with some of the most iconic B2B companies of our generation—from Salesforce, to Veeva Systems, to BILL, to Doximity, to Zoom—and have built a track record that reflects the power of our model: ??Over 1-in-5 grow beyond $1 billion valuations ??Over 1-in-10 go public ??Over $8B in realized returns on under $2B invested—fueling meaningful philanthropic impact across cancer research, climate change, and beyond. We’ve done it with a unique approach: Each Partner invests in just one company per year, ensuring the level of care and commitment that every founder deserves. And with zero Partner turnover in our history, our promise of long-term partnership isn’t just a value—it’s a track record. Emergence VII is a continuation of the same vision that inspired me to start this firm. If you’re building at the intersection of AI and the future of work, we’d be honored to meet you. Let’s keep bending the odds—together.

When I founded Emergence Capital in 2003, it was with a simple but radical belief: that the most important companies of our time would be the ones transforming the way the world works. After founding Software As Service with Marc Benioff, I saw firsthand that SaaS would lead the next transformation. Back then, the idea of betting on SaaS founders at the earliest stages wasn’t obvious. But we believed—and continue to believe—that supporting transformational builders with deep focus, conviction, and partnership could truly bend the odds of success. Today, I’m proud to share that Emergence has raised Emergence VII—a $1 billion fund dedicated to exactly that mission. Over the past 20+ years, we’ve had the privilege to partner with some of the most iconic B2B companies of our generation—from Salesforce, to Veeva Systems, to BILL, to Doximity, to Zoom—and have built a track record that reflects the power of our model: ??Over 1-in-5 grow beyond $1 billion valuations ??Over 1-in-10 go public ??Over $8B in realized returns on under $2B invested—fueling meaningful philanthropic impact across cancer research, climate change, and beyond. We’ve done it with a unique approach: Each Partner invests in just one company per year, ensuring the level of care and commitment that every founder deserves. And with zero Partner turnover in our history, our promise of long-term partnership isn’t just a value—it’s a track record. Emergence VII is a continuation of the same vision that inspired me to start this firm. If you’re building at the intersection of AI and the future of work, we’d be honored to meet you. Let’s keep bending the odds—together.

BIG congrats to Emergence Capital on their newly raised $1 billion Fund VII.. bringing their AUM to $3.3B Top-tier track record: EmCap returned $8 billion on < $2B invested Iconic. Check out our full interview with Gordon & Yazan "Yaz" El-Baba: https://lnkd.in/gpK4v5V9 Founding GP Gordon Ritter explains the origins of Emergence, from working closely with Marc Benioff in the early days at Salesforce, to graduating into VC, taking risks on the unobvious.. resulting in seismic returns "The best opportunities come from not doing what everybody is doing. We took a bet and it paid off" Gordon Ritter Notable Investments*: - Salesforce (CRM): $289B - Veeva Systems (VEEV): $39B - Zoom (ZM) : $24B - Doximity (DOCS): $12B Emergence Stats: - $360B+ Market Cap of Portfolio (current & former) - 100+ Portfolio Companies - 20 Exits & Private Valuations Greater than $500 Million - Over 9-in-10 of our early stage investments have gone on to raise successful follow on rounds. - Over 1-in-5 of our early stage investments have surpassed $1B in valuation. - Over 1-in-10 of our early-stage investments have gone public. - We’ve generated over $8B in realized returns on less than $2B invested, funding leading nonprofits working on cancer research, climate, and more. *As of Mar 25, 2025

Announcing Emergence VII: A $1 billion fund dedicated to supporting the next generation of iconic B2B companies reshaping the future of work. For over two decades, Emergence has invested in visionary founders who turned emerging ideas into iconic businesses—from Marc Benioff at Salesforce, who pioneered cloud software, to Eric S. Yuan at Zoom, who redefined communication. With Fund VII, we’re doubling down on our track record of bending the odds: ??Over 9-in-10 of early-stage investments successfully raise follow-on rounds. ??Over 1-in-5 surpass $1 billion valuations. ??Over 1-in-10 have become publicly traded companies. Emergence's approach is intentional and hands-on, with each Partner investing in just one founder annually—ensuring deep, focused support across strategy, talent, and growth. With zero Partner turnover, the team you partner with today remains with you from early stages through IPO and beyond. If you're a founder building at the intersection of AI and work, we'd love to meet you. Read more about Emergence VII and how we’re bending the odds for founders here: https://lnkd.in/gqHJG_xs #FundVII #B2B #AI #FutureOfWork #VentureCapital

We've been so happy to celebrate funding announcements with Method, Bland and Federato in recent months on the Nasdaq Marketsite Marquee. Congrats again to these great founders and teams, and many more to come! ??

Arcee Conductor is saving companies 63% on their Open AI and Anthropic costs How? More information below on the most intelligent router in the world and how it is utilizing purpose-built SLMs to bring down token costs ??

Big week for Arcee AI! Yesterday, we officially launched Conductor, but that’s not all - Spectrum research, developed in part by our heads of research Fernando Fernandes Neto and Lucas Atkins, was also cited by Meta! Exciting to see this work recognized in the broader AI research community. Check out the paper here: https://lnkd.in/grPmbdHm

Joseph Floyd is a General Partner at Emergence Capital and a Kauffman Fellow. Joe’s expertise in building cloud startups has evolved from over fifteen years of advising and investing in rocketship startups like SalesLoft, project44, Mya, Total Expert, LogDNA and more. Before joining Emergence, Joe was a Senior Associate in American Capital’s technology group where he focused on investing in fast-growing internet and software companies including HomeAway. Joe was also an Associate at McKinsey & Co. in their corporate finance practice and did hard time in tech investment banking before that. Joe earned an MBA from The Wharton School of the University of Pennsylvania. While at Wharton, Joe won first place at the International Venture Capital Investment Competition. He is also a proud Cal Bear with a BA in Economics and BS in Business Administration from the University of California, Berkeley. Topics: - Evolution of the cloud startup landscape - How to evaluates AI SaaS sales and revenue tools - Impact of AI on enterprise SaaS business models #EnterpriseVC #CloudInvesting #B2BSaaS #AIStartups #VCStrategy