Sierra Ventures

Sierra Ventures is a venture capital firm based in San Mateo, California, that focuses on early-stage investments in Next Generation Enterprise and Emerging Technologies. Founded in 1982, the firm manages over $2 billion in assets and has built a robust network of successful entrepreneurs and industry experts. Sierra Ventures primarily targets Seed and Series A funding rounds, often leading investments and reserving capital for follow-on rounds. The firm invests in B2B technology sectors, including artificial intelligence, machine learning, big data, cloud computing, fintech, healthcare technology, IoT, and various emerging technologies such as 5G, blockchain, and robotics. Typical initial investments range from $500,000 to $7 million, with total investments in portfolio companies averaging between $2 million and $15 million over the investment's lifecycle. The firm has a global investment strategy but currently emphasizes opportunities in North America while maintaining interest in markets like Israel and China.