Sierra Ventures

What is Sierra Ventures?

Sierra Ventures is an early-stage venture capital firm based in San Mateo, California. Founded in 1982, they focus on investing in Next Generation Enterprise and Emerging Technologies across the globe, with a particular emphasis on software and deep tech sectors.

They are actively involved in a variety of industries including Software (Web, Marketplace, SaaS), IT & TMT, Media, Education, Business Solutions, FinTech & Financial Services, Hardware & Manufacturing, Energy, Retail & E-Commerce, Sales & Marketing, IoT & Wearables, CleanTech, A.I. & Big Data, HealthTech & Fitness, Blockchain & Cryptos, Web Security & Privacy, Analytics, Autonomous vehicles & Cars, Cloud Services & Infrastructure, Developer tools, Future Of Work, Logistics & Distribution, Material Science, Medical Devices & Hospital Services, Payments, Robotics, DeepTech, Healthcare & Wellness, Nanotechnology, Online Social, Consumer, and Woman Focused.

The firm is adept at investing in early-stage companies, particularly in Pre-Seed, Seed, and Series A stages, with initial check sizes ranging from $500K to $15M.

They strive to lead investment rounds and reserve capital for follow-on investments, aiming to invest in 15-20 companies each year. Their investment sweet spot is around $7.8M, and they also express a strong interest in the Latin American markets.

Sierra Ventures manages assets worth $270M and leverages their experience not only as investors but also as entrepreneurs and operational executives to assist their portfolio companies in scaling and growth. They provide high-touch support in business development, strategy, and partner relations through their seasoned Operating Team. Additionally, Sierra Ventures hosts events such as their Annual CXO Summit to bring together industry leaders and entrepreneurs for networking and insights.

More details about their investment thesis can be found on their website, where they discuss areas such as Enterprise AI, Digital Health, SaaS, and DeepTech.

What they say:

Sierra Ventures is an early-stage venture firm investing in the future of Enterprise and Emerging Technologies. With four decades of experience and over $2 billion under management, Sierra has built an extensive network of CXOs and domain experts, providing a platform for entrepreneurs around the world.

What we look for: We invest in early-stage B2B and B2B2C Seed and Series A companies. We focus on 3 buckets: infrastructure, deeptech, enterprise SaaS software/vertical applications.

How we help: For over 17 years Sierra has built a CXO advisory board consisting of F1000 CIOs, CTOs, CISOs, & CMOs. Sierra also provides GTM resources for our early-stage foudners.