When was Sierra Ventures founded?

Sierra Ventures was founded in 1982.

Where is Sierra Ventures' headquarters located?

Sierra Ventures' headquarters is located in San Mateo ( United States ).

How big is Sierra Ventures' investment team?

Sierra Ventures has a team of 24, including 10 partners.

How many companies has Sierra Ventures invested in?

Sierra Ventures has invested in 230 companies, including MakeMyTrip & Zeta Global.

Which companies has Sierra Ventures invested in lately?

Sedai & Outcomes4Me are the latest investments by Sierra Ventures.

What sectors does Sierra Ventures focus on for investments?

Top sectors in Sierra Ventures' portfolio are Enterprise Applications (129 investments) and High Tech (57 investments).

What stages of companies does Sierra Ventures typically invest in?

Sierra Ventures primarily invests in Series A and Seed stages.

How many exits has Sierra Ventures been involved in?

Sierra Ventures' portfolio has seen 10 IPOs and 102 acquisitions.

How many unicorns are there in Sierra Ventures' portfolio?

There are 8 unicorns in Sierra Ventures' portfolio.

Sierra Ventures - 2025 Investor Profile, Portfolio, Team & Investment Trends - Tracxn

1. MakeMyTrip

Online agency for booking multiple categories of travel services. The platform enables users to book trains, flights, hotels, holiday packages, bus tickets, taxi cabs, rental cars, tours, charter flights, and activities. Users can book travel services by providing detailed information including destination, number of travelers, preferred dates, payment details, and more. It also allows users to book home stay and villas.

Key facts about MakeMyTrip

Founded Year: 2000
Location: Gurugram (India)
Annual Revenue: ₹5,490Cr as on Mar 31, 2024
Stage: Public
Total Funding till date: $39M
Employee Count: 4,579 as on Mar 31, 2024
Investors: Gabriel Venture Partners, Naspers and 11 Others
Latest Funding Round: Post IPO, May 04, 2017, $330M
Highlight: Public

2. Zeta Global

Cloud and AI based omnichannel marketing platform for brands. It enables brands to engage and retain customers by using actionable data. It provides an Interactive set of proprietary solutions marketing and CRM programs for digital marketing channels such as email, display, social, search, and mobile. Some of the clients include BMW, Audi, Samsung, Toyota, and more.

Key facts about Zeta Global

Founded Year: 2007
Location: New York City (United States)
Annual Revenue: $729M as on Dec 31, 2023
Stage: Public
Total Funding till date: $358M
Employee Count: 347 as on Sep 30, 2024
Investors: Bank of America, HTIF and 15 Others
Latest Funding Round: Conventional Debt, Mar 01, 2021, $225M
Highlight: Public

3. Intuit

AI-based accounting and financial management solutions for individuals and businesses. Its products include Quick Books, Mint, Turbo Tax, and more. It provides solutions for accounting management, payroll processing, personal finance, tax preparation, and filing. It offers solutions including Lacerate tax, Pro Connect tax, and Pro Series for accountants to manage tax.

Key facts about Intuit

Founded Year: 1983
Location: Mountain View (United States)
Annual Revenue: $14.4B as on Jul 31, 2023
Stage: Public
Employee Count: 18,800 as on Jul 31, 2024
Investors: DAG Ventures, Kleiner Perkins and 24 Others
Latest Funding Round: Grant (prize money), Nov 01, 2020, $96.3K
Highlight: Public

4. Gemini

Platform offering crypto exchange solutions. It allows users to buy, sell, and trade digital assets including crypto and NFTs. It allows users to exchange digital currencies through electronic trading tools. The app is available on iOS and Android devices.

Key facts about Gemini

Founded Year: 2014
Location: New York City (United States)
Valuation: $7B as on Nov 18, 2021
Stage: Series A
Total Funding till date: $424M
Employee Count: 551 as on Dec 31, 2022
Investors: Mogo, CommBank and 26 Others
Latest Funding Round: Series A, Nov 18, 2021, $424M
Highlight: Editors' Pick

5. Phenom

Phenom is a provider of talent experience management platforms. The product offerings include Phenom TXM, an AI-based platform for employee and candidate engagement, Phenom CX, a candidate engagement chatbot Phenom EX, an employee experience management chatbot, Phenom RX, a tool for recruiters to engage with candidates, and Phenom MX, a management experience solution for recruiters to test, learn, and iterate in a recruitment environment. The clientele includes Linkedin, Taleo, Glassdoor, Workday, and Lumesse.

Key facts about Phenom

Founded Year: 2010
Location: Ambler (United States)
Valuation: $1.3B as on Apr 07, 2021
Stage: Series D
Total Funding till date: $169M
Employee Count: 797 as on Oct 31, 2024
Investors: WestBridge Capital, AllianceBernstein and 18 Others
Latest Funding Round: Series D, Apr 07, 2021, $100M
Highlight: Editors' Pick

Want to see the entire list?

Sierra Ventures has invested in 230 companies over the last 29 years, with an average of 8 new investments annually in the last 10 years. In 2024, it made 8 investments, while as of Jun 2025, it has made 3 investments in this year. Its most recent first time investment was in Eudia and most recent follow-on round was in Sedai.

Here are Sierra Ventures' Year-on-Year Investment Trends:

Year	No. of Investments
Year	1^st Round	Follow-on	Total
2025 (YTD)	1	2	3
2024	5	3	8
2023	6	7	13
2022	6	13	19
2021	16	15	31
2020	13	6	19
2019	8	3	11
2018	5	6	11
2017	6	2	8
2016	7	6	13

View all investments by Sierra Ventures

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Sierra Ventures has made 67 investments in Series A stage with an average round size of $11.2M, 44 investments in Seed stage with an average round size of $4.77M and 37 investments in Series B stage with an average round size of $12.9M.

Here are Sierra Ventures' investments by stage:

Note: We have considered here, only first round of investments

Stage of entry	No. of Investments
Series A	67
Seed	44
Series B	37
Series C	22
Series D	3
Others	5

View all investments by Sierra Ventures

Sierra Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, Enterprise Infrastructure, Vertical SaaS and FinTech. Notably, it has invested in 195 Tech companies, 181 Enterprise (B2B) companies, 121 Software companies and at least 82 companies focusing on Saas.

Here are Sierra Ventures' investments by sector:

Note: We have considered here, only first round of investments

Sector	No. of Investments
Enterprise Applications	110
High Tech	51
Enterprise Infrastructure	45
Vertical SaaS	23
FinTech	21
Others	151

View all investments by Sierra Ventures

Sierra Ventures has made most investments in United States (151), followed by China where it has made 7 investments.

Here are Sierra Ventures' investments by geography:

Note: We have considered here, only first round of investments

Country	No. of Investments
United States	151
China	7
India	5
Canada	4
Israel	3
Others	10

View all investments by Sierra Ventures

Sierra Ventures has made 3 investments in 2025 so far. Sedai and Outcomes4Me are the latest among them.

Here are the most recent investments by Sierra Ventures:

Date	Company	Location	Round Details	Round Amount	Co-Investors
Jun 16, 2025	Sedai	United States	Series B	$20M	avpcap.com [+2]
May 29, 2025	Outcomes4Me	United States	Series B	$21M	Salica Investments [+5]
Feb 13, 2025	Eudia	United States	Series A	$105M	General Catalyst [+12]
Nov 21, 2024	VISO Trust	United States	Series A	$7M	Bain Capital Ventures [+6]
Aug 28, 2024	Inventive	United States	Seed	$4M	Y Combinator [+2]

Get the detailed list of all investments by Sierra Ventures. Download now!

See more recent investments made by Sierra Ventures

Sierra Ventures has 8 unicorns in its portfolio - Enable, Fabric, Gemini and others. The most recent unicorn in their portfolio is Enable. It became a unicorn in 2023, 3 years after Sierra Ventures first invested in it.

Here is a list of unicorns in Sierra Ventures' portfolio:

Tracxn Score	Company	Short Description	Founded year	Sector	Location	Company Stage	First Investment/ Acquisition Details
60	Enable	SaaS Platform for B2B Rebate Management	2016	FinTech	Stratford upon avon	Series D	nhfuial
47	Fabric	E-commerce and channel sales management platform	2017	Retail [+1]	Bellevue	Series C	n{opiqo
79	Gemini	Platform offering crypto exchange solutions	2014	FinTech [+1]	New York City	Series A	sea{tds
47	Reify Health	Mobile health platform for doctors to manage clinical trials	2012	HealthTech [+2]	Boston	Series D	ywkbmxa
66	Clip	Provider of POS solutions to offline retailers	2012	Retail [+1]	Mexico City	Series D	unso{ca

View more details about unicorns in Sierra Ventures' portfolio

10 of Sierra Ventures' portfolio companies have become public. Zeta Global got listed on the New York Stock Exchange (NYSE), in Jun 2021 at marketcap of $1.91B and VeriSilicon got listed on the Shanghai Stock Exchange (SSE).

Here are Sierra Ventures' portfolio companies that went public:

Company	IPO Date	First Invested on	First Round of Investment	Round Size
Zeta Global	Jun 10, 2021	-	-	-
VeriSilicon	Aug 21, 2020	Jul 06, 2006	Series C	$14.8M
Elastic	Oct 05, 2018	-	-	-
Theravance Biopharma	Jul 29, 2014	-	-	-
MakeMyTrip	Aug 12, 2010	Dec 15, 2006	Series B	$13M

View more details about public companies in Sierra Ventures' portfolio

102 companies from Sierra Ventures' portfolio have been acquired. The most recent acquisition were Ximalaya in Jun 2025 by Tencent for $1.26B.

Here are Sierra Ventures' portfolio companies that got acquired most recently:

Company	Acquisition Date	First Invested on	First Round of Investment	Round Size
Ximalaya	Jun 10, 2025	May 22, 2014	Series A	$11.5M
Calyptia	Jan 22, 2024	Mar 01, 2022	Seed	$5M
Akasha Imaging	Jun 01, 2023	Dec 09, 2020	Series A	$10.7M
Zycada Networks	Apr 01, 2023	-	-	-
Deep Lens	Jan 28, 2023	Oct 12, 2018	Seed	$3.2M

View all acquired companies in Sierra Ventures' portfolio

Sierra Ventures has a team of 24 members including 10 Partners and 3 Principals located in United States. Sierra Ventures' team does not sit on the board of any company as of now.

Here is a list of top team members in Sierra Ventures:

Name	Designation	Location	Board Memberships	Contact details
Tim Guleri	Partner	San Francisco	-	2 Emails
Mark Fernandes	Partner	San Mateo	-	1 Email
Peter Wendell	Partner	Menlo Park	-	2 Emails
Ben Yu	Partner	United States	-	1 Email
Steve Williams	Partner	San Francisco	-	2 Emails
Jim Doehrman	Partner	San Francisco	-	1 Email, 1 Phone number
David Schwab	Partner	San Francisco	-	1 Email
Shashank Saxena	Partner	San Francisco	-	1 Email
Vignesh Ravikumar	Partner	San Mateo	-	1 Email, 2 Phone numbers
Anne Gherini	Partner	Palo Alto	-	2 Emails
Brendon Schmidt	Principal	San Francisco	-	1 Email

Get the full list of Sierra Ventures' team & partners for free. Download now!

View team details of Sierra Ventures

Over the past 29 years, 950 investors have co-invested in Sierra Ventures's portfolio companies.

Invested before Sierra Ventures: AngelPad, Y Combinator and 221 others have invested in rounds before Sierra Ventures. There are 7 companies where AngelPad has invested before Sierra Ventures and 5 companies where Y Combinator has invested before Sierra Ventures.
Top Co-investors of Sierra Ventures: 377 investors entered a company along with Sierra Ventures. These include investors like Canaan (4 companies).
Invested after Sierra Ventures: A total of 350 investors have invested in Sierra Ventures's portfolio after their investments. Top Investors include SVB (6 companies), Goldman Sachs (5 companies) and AXA Venture Partners (3 companies).