Smith Point Capital

Keith Block, the former co-CEO of Salesforce, co-founded Smith Point Capital and leads the firm. Tyler Prince serves as Managing Director and Head of Value Creation, driving operational engagement with portfolio companies. The firm also draws on a network of advisors who held senior leadership roles at Salesforce, Oracle, Databricks, ServiceNow, and Snowflake.

Smith Point leverages its advisor network — former top executives from Salesforce, Oracle, ServiceNow, Snowflake, and Databricks — to surface enterprise-software opportunities that may not reach broad auction processes. This operator-led origination model targets companies where the firm can add go-to-market and scaling expertise immediately after investment, rather than competing solely on price.

Smith Point Capital is an asset manager structured as a sector-focused private equity firm, not a family office. It raised its inaugural fund, Smith Point Capital Fund I, L.P., from external investors and deploys capital into growth-stage and venture-backed enterprise software companies.

Smith Point Capital invests directly in operating companies, typically by leading or co-leading growth and late-stage venture rounds. The firm has not publicly disclosed a fund-of-funds strategy, and its confirmed activity — including a $40 million Series B lead in Gather AI and a $30 million Series D in Bestow — is entirely direct.

Smith Point targets growth-stage and venture investments. Its disclosed portfolio spans Series B through Series D companies, with a focus on mission-critical enterprise software that has established product-market fit and can benefit from the firm's operational playbook to reach enterprise scale.

Smith Point Capital is independent, but its co-founder Keith Block was previously vice chairman, president, and co-CEO of Salesforce. Many of the firm's advisors are former senior executives from Salesforce and Oracle. These relationships shape deal sourcing and value creation, but the firm has no formal corporate venture relationship with either Salesforce or Oracle.

Smith Point has led rounds — such as the $40 million Series B in Gather AI — and participates in syndicates, as seen in the $30 million Series D for Bestow. The firm operates comfortably as both lead investor and co-investor, often bringing its operating partner bench as a co-investment incentive when syndicating with other growth-equity managers.