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Venture Capital
meritechcapital.com

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Investments

327

Portfolio Exits

127

Funds

11

Service Providers

1

About Meritech Capital Partners

Meritech Capital is a provider of late-stage venture capital to information and medical technology companies. With over $2.2 billion under management, Meritech seeks to lead investments in the portfolio companies of early stage venture capital firms. The company pursues traditional growth companies as well as co-investments in corporate buy-outs and spin-offs. Their offices are located in Palo Alto, CA.

Meritech Capital Partners Headquarter Location

245 Lytton Avenue Suite 125

Palo Alto, California, 94301,

United States

650-475-2200

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Expert Collections containing Meritech Capital Partners

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Find Meritech Capital Partners in 3 Expert Collections, including Unicorns- Billion Dollar Startups.

U

Unicorns- Billion Dollar Startups

113 items

O

Open Source

103 items

Open source startups facilitate collaborative software development while also allowing users to inspect, modify, enhance, and redistribute source code.

G

Genomics

391 items

Investors that invest in genomics AND have made at least 10 investments (across sectors) in the past 12 months

Research containing Meritech Capital Partners

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Meritech Capital Partners in 4 CB Insights research briefs, most recently on Sep 20, 2021.

Latest Meritech Capital Partners News

Persona Raises $150M in Series C Funding

Sep 15, 2021

Persona , a San Francisco, CA-based Trusted Identity Infrastructure company, raised $150M in Series C funding. The round, which brings the total amount raised to date to $217.5 million, with a valuation of $1.5 billion, was led by Founders Fund with participation from Meritech Capital Partners, BOND, and existing investors Index Ventures and Coatue Management. The company intends to use the funds to expand operations, extend the offering within its identity infrastructure, and its business reach. Founded in 2018 and led by Rick Song, CEO, Persona offers trusted identity infrastructure that gives businesses the solution to securely collect, verify, manage, and make decisions about individual’s identities, along with automation and orchestration tools to streamline the entire process from end to end. Persona serves any business that needs to verify its customers online, including retail, fintech, marketplace, delivery services, real estate and hospitality, HR, edtech, legal services, home and childcare services, and more. The solution is available in 195+ countries and 20 different languages. Companies such as Square, DoorDash, Coursera, Robinhood, Gusto, BlockFi, Sonder, Brex use Persona to meet compliance requirements, fight fraud, and build trust and safety. The company also announced its Workflows tool, a way to automate identity processes for any use case. FinSMEs

Meritech Capital Partners Investments

327 Investments

Meritech Capital Partners has made 327 investments. Their latest investment was in Extend as part of their Unattributed VC - II on October 10, 2021.

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Meritech Capital Partners Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

10/13/2021

Unattributed VC - II

Extend

$0.39M

No

1

10/11/2021

Series E

Personio

$270M

No

11

9/28/2021

Series C

Gem

$100M

Yes

2

9/16/2021

Series E

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$99M

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10

9/15/2021

Series C

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$99M

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10

Date

10/13/2021

10/11/2021

9/28/2021

9/16/2021

9/15/2021

Round

Unattributed VC - II

Series E

Series C

Series E

Series C

Company

Extend

Personio

Gem

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Amount

$0.39M

$270M

$100M

$99M

$99M

New?

No

No

Yes

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Co-Investors

Sources

1

11

2

10

10

Meritech Capital Partners Portfolio Exits

127 Portfolio Exits

Meritech Capital Partners has 127 portfolio exits. Their latest portfolio exit was ForgeRock on September 16, 2021.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

9/16/2021

IPO

$991

10

7/6/2021

Acq - Pending

$991

8

6/24/2021

IPO

$991

1

00/00/0000

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$991

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10

00/00/0000

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10

Date

9/16/2021

7/6/2021

6/24/2021

00/00/0000

00/00/0000

Exit

IPO

Acq - Pending

IPO

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Companies

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Valuation

$991

$991

$991

$991

Acquirer

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Sources

10

8

1

10

10

Meritech Capital Partners Acquisitions

2 Acquisitions

Meritech Capital Partners acquired 2 companies. Their latest acquisition was GoFundMe on June 18, 2015.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

6/18/2015

$991

Acq - Fin

2

9/7/2009

Acq - Fin

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$99M

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10

Date

6/18/2015

9/7/2009

Investment Stage

Acq - Fin

Companies

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Valuation

$991

Total Funding

$99M

Note

Acq - Fin

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Sources

2

10

Meritech Capital Partners Fund History

11 Fund Histories

Meritech Capital Partners has 11 funds, including Meritech Capital Partners VIII.

Closing Date

Fund

Fund Type

Status

Amount

Sources

5/17/2021

Meritech Capital Partners VIII

$250M

1

8/14/2020

Meritech Capital Entrepreneurs VII

$17.87M

1

6/5/2020

Meritech Capital Partners VII

$800M

2

6/1/2018

Meritech Capital Partners VI

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$99M

10

7/29/2014

Meritech Capital Partners V

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$99M

10

Closing Date

5/17/2021

8/14/2020

6/5/2020

6/1/2018

7/29/2014

Fund

Meritech Capital Partners VIII

Meritech Capital Entrepreneurs VII

Meritech Capital Partners VII

Meritech Capital Partners VI

Meritech Capital Partners V

Fund Type

Subscribe to see more

Subscribe to see more

Status

Amount

$250M

$17.87M

$800M

$99M

$99M

Sources

1

1

2

10

10

Meritech Capital Partners Service Providers

1 Service Provider

Meritech Capital Partners has 1 service provider relationship

Service Provider

Associated Rounds

Provider Type

Service Type

Counsel

Service Provider

Associated Rounds

Provider Type

Counsel

Service Type

Partnership data by VentureSource

Meritech Capital Partners Team

8 Team Members

Meritech Capital Partners has 8 team members, including current Founder, General Partner, Robert D. Ward.

Name

Work History

Title

Status

Paul Madera

Founder

Current

Robert D. Ward

Founder, General Partner

Current

Joel Backman

Chief Financial Officer

Current

George Bischof

Managing Director

Current

Mike Gordon

Managing Director

Current

Name

Paul Madera

Robert D. Ward

Joel Backman

George Bischof

Mike Gordon

Work History

Title

Founder

Founder, General Partner

Chief Financial Officer

Managing Director

Managing Director

Status

Current

Current

Current

Current

Current

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