Venture Capital · Profile from Venture Capital Research Companion
Emergence Capital Partners
The San Francisco Bay Area firm that bet earlier than almost anyone that the cloud would replace enterprise software, and turned that single thesis (Salesforce, Veeva, Zoom, Doximity) into a concentrated, low-volume B2B franchise that lead-invests in five to seven companies a year and in 2025 raised its first $1bn fund.
At a glance
- Founded
- 2003 (planning from 2002), San Mateo, California
- Founders
- Jason Green, Gordon Ritter, Brian Jacobs
- Headquarters
- San Francisco, California (earlier San Mateo)
- Ownership / structure
- Private partnership
- Leadership (2026)
- General partners including Gordon Ritter, Jason Green, Kevin Spain, Santi Subotovsky, Jake Saper and Joseph Floyd (verify current roster and emeritus status; Brian Jacobs has stepped back from active investing, verify)
- AUM / capital raised
- ~$4bn+ cumulative commitments (estimate from reported funds); Fund VII $1bn (March 2025)
- Stage focus
- Early-stage enterprise and B2B software (Series A/B lead, some seed), with an opportunity fund for growth follow-ons
- Signature investments
- Salesforce, SuccessFactors, Veeva Systems, Zoom, Doximity, Box, Yammer, EchoSign, Bill.com, Gusto, Chorus.ai, Crunchbase; instructive: Blend (post-IPO collapse), late-stage Box
9 deals and moves analysed
Each one gets a full strategy file in the companion: context, the decision, the financing, what happened, and the lesson.
2003
Salesforce
Late Private Round
2005
SuccessFactors
Venture Round
2007
EchoSign
Series B
2008
Veeva Systems
Early Venture Round
2011
Box
Late-Stage Growth Round
2011
Doximity
Series B
2015
Blend
Early Growth Round
2015
Zoom
Series C
2018
Chorus ai
Venture Round