Emergence Capital

All six general partners — Gordon Ritter, Kevin Spain, Santi Subotovsky, Joe Floyd, Jake Saper, and Lotti Siniscalco — participate in every investment decision. The firm mandates that each partner makes only one new investment per year, which forces collective diligence and consensus on the 5–7 deals it closes annually. Founders Jason Green and Brian Jacobs remain as emeritus partners.

Emergence relies on its deep, long-duration relationships with enterprise founders who have built iconic cloud companies inside its portfolio — Salesforce, Zoom, Veeva, Bill.com, and Doximity all sit in its track record. The firm’s published content, including playbooks on AI-Native Services and long-horizon inference, acts as inbound magnet material for technical founders. It does not operate a scout network or mass outbound program.

Emergence is a pure early-stage venture firm. It leads and co-leads seed and Series A rounds in B2B software companies, with occasional capacity to follow on into later rounds. It does not do buyouts, take-private transactions, or structured minority growth deals typical of growth equity firms.

Emergence invests directly in operating companies. There is no public evidence that it commits capital as a limited partner to other venture funds. Its model is partner-intensive direct company building.

The firm targets seed and Series A stages primarily. Its portfolio construction is built around being the first institutional capital into a company. It will occasionally deploy capital at earlier formation stages, but it does not run a dedicated pre-seed or incubation program.

Emergence does not invest in consumer internet, hardware-heavy deep tech, biotech, or pure marketplaces. It remains narrowly focused on enterprise software businesses that sell to business users or IT organizations — and increasingly, on AI-native models that deliver outcomes rather than software licenses.

The firm highlights that realized returns from its investments have funded nonprofits working on cancer research and climate, but it does not operate a formal charitable foundation tied to the management company. Philanthropy appears to flow through individual partner and LP-level giving rather than a structured firm vehicle.