About Sutter Hill Ventures
Sutter Hill Ventures is a venture capital firm founded in 1962. It is primarily based out of Palo Alto, United States. As of May 2026, Sutter Hill Ventures is an active investor, having invested in 203 companies, with 8 new investments in the last 12 months. It primarily invests in Series B round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Life Sciences and High Tech. Most recently it participated in the $***** Series E round of Sigma Overall, Sutter Hill Ventures portfolio has seen 5 unicorns, 20 IPOs and 108 acquisitions including key companies like Nvidia, Smartsheet and Yext. A lot of funds co-invest with Sutter Hill Ventures, with names like Redpoint Ventures sharing a substantial percentage of its portfolio. Sutter Hill Ventures has team of 67 people including 18 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series B, Series A & 9 more
Portfolio IPOs
Portfolio Acquisitions
Portfolio Soonicorns
Sutter Hill Ventures' List of Top Investments
Sutter Hill Ventures has a portfolio of 203 companies, including 5 unicorns. Their most notable investments are in Celero and Sumo Logic.Their portfolio spans across United States, China, United Kingdom and 6 more locations. They have invested in Enterprise Applications, Life Sciences, High Tech and 29 other sectors, across stages such as Series B, Series A and 9 more. Here is the list of top investments by Sutter Hill Ventures:1. Nvidia
Developer of hardware and software solutions for artificial intelligence computing. The company provides platforms for cloud services, data centers, embedded systems, and workstations. It offers graphics cards, networking products, and software tools. The business delivers solutions for industries including automotive, healthcare, manufacturing, and telecommunications.
Key facts about Nvidia
- Founded Year: 1993
- Location: Santa Clara (United States)
- Annual Revenue: $216B as on Jan 31, 2026
- Stage: Public
- Employee Count: 42,000 as on Jan 31, 2026
- Investors: Worldview Technology Partners, Black Capital Investments and 36 Others
- Latest Funding Round: Grant (prize money), May 26, 2023, $*****
- Highlight: Public
2. Ramp
Provider of a platform for spend management, corporate cards, and payables. The platform offers features such as expense management, accounts payable processing, and travel management. It also provides procurement and accounting automation capabilities. The platform aims to streamline financial operations and improve efficiency for finance teams.
Key facts about Ramp
- Founded Year: 2019
- Location: New York City (United States)
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $2.44B
- Employee Count: 2,273 as on Apr 30, 2026
- Investors: equitywestsecurities.com, Goldman Sachs and 62 Others
- Latest Funding Round: Series E, Nov 17, 2025, $*****
- Highlight: Editors' Pick
3. Smartsheet
Cloud based suite solutions for enterprise collaboration. It is a web based platform that provides spreadsheet with collaborative file sharing and discussions, visual timeline management, and automated workflow capabilities. It is used to manage different types of work including projects, programs, and business operations. The platform enables users to track and visualize the work in real time. It automates tasks and workflows.
Key facts about Smartsheet
- Founded Year: 2005
- Location: Bellevue (United States)
- Annual Revenue: $958M as on Jan 31, 2024
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $121M
- Employee Count: 4,027 as on Apr 30, 2026
- Investors: HTIF, BlackRock and 11 Others
- Latest Funding Round: Post IPO, Sep 14, 2020, $*****
- Highlight: Acquired
4. Yext
Provider of a platform for managing and optimizing brand visibility online. The platform offers tools for listings management, knowledge graph organization, reputation management, and social media amplification. It also provides solutions for creating search-optimized local pages and intelligent search tools. The platform aims to help brands deliver consistent and engaging experiences.
Key facts about Yext
- Founded Year: 2006
- Location: New York City (United States)
- Annual Revenue: $447M as on Jan 31, 2026
- Stage: Public
- Total Funding till date: $116M
- Employee Count: 2,334 as on Apr 30, 2026
- Investors: Giano Capital, IVP and 12 Others
- Latest Funding Round: Series F, Feb 02, 2016, $*****
- Highlight: Public
_1583131280549.png?format=webp&height=120&width=120){kind=logo}
5. Snowflake
Provider of cloud-based data platform for analytics and data sharing. It offers a managed service that unifies data warehousing, data lakes, data engineering, and data science on public cloud infrastructure. The platform separates storage from compute to allow independent scaling and high concurrency for diverse workloads. Users can load structured and semi-structured data, run SQL queries, and integrate with business intelligence, data integration, and machine learning tools. Additional capabilities include secure data sharing, application development, continuous data ingestion, and built-in services for security, governance, and access control.
Key facts about Snowflake
- Founded Year: 2012
- Location: Bozeman (United States)
- Annual Revenue: $4.68B as on Jan 31, 2026
- Stage: Public
- Total Funding till date: $1.56B
- Employee Count: 11,146 as on Apr 30, 2026
- Investors: Meritech, Berkshire Hathaway and 35 Others
- Latest Funding Round: Post IPO, Jun 15, 2022, $*****
- Highlight: Public
Sutter Hill Ventures' Year-on-Year Investment Trends
Sutter Hill Ventures has invested in 204 companies over the last 28 years, with an average of 3 new investments annually in the last 10 years. In 2025, it made 7 investments, while as of May 2026, it has made 6 investments in this year. Its most recent first time investment was in GridCARE and most recent follow-on round was in Sigma.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 4 | 2 | 6 |
2025 | 4 | 3 | 7 |
2024 | 3 | 7 | 10 |
2023 | 1 | 1 | 2 |
2022 | 1 | 4 | 5 |
2021 | 1 | 5 | 6 |
2020 | 3 | 5 | 8 |
2019 | 2 | 8 | 10 |
2018 | 6 | 6 | 12 |
2017 | 6 | 8 | 14 |
Sutter Hill Ventures' Investments by Stage
Sutter Hill Ventures has made 52 investments in Series B stage with an average round size of $25.2M, 40 investments in Series A stage with an average round size of $22.9M and 19 investments in Series C stage with an average round size of $31.1M.Stage of entry | No. of Investments |
|---|---|
Series B | 52 |
Series A | 40 |
Series C | 19 |
Seed | 7 |
Series D | 7 |
Others | 12 |
Note: We have considered here, only first round of investments
Sutter Hill Ventures' Investments by Sector
Sutter Hill Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, Enterprise Infrastructure, Life Sciences, High Tech and FinTech. Notably, it has invested in 154 Tech companies, 148 Enterprise (B2B) companies, 94 Software companies and at least 57 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 68 |
Enterprise Infrastructure | 31 |
Life Sciences | 21 |
High Tech | 18 |
FinTech | 11 |
Others | 98 |
Note: We have considered here, only first round of investments
Sutter Hill Ventures' Investments by Geography
Sutter Hill Ventures has made most investments in United States (129), followed by China where it has made 2 investments.Country | No. of Investments |
|---|---|
United States | 129 |
China | 2 |
United Kingdom | 2 |
France | 1 |
New Zealand | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
Sutter Hill Ventures' recent investments
Sutter Hill Ventures has made 6 investments in 2026 so far. Sigma and GridCARE are the latest among them.Here are the most recent investments by Sutter Hill Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
May 18, 2026 | United States | Series E | 6208 | [+10] | |
May 14, 2026 | United States | Series A | 5222 | [+8] | |
Apr 27, 2026 | - | Series A | 6268 | [+2] | |
Apr 09, 2026 | United States | Series G | 1324 | [+5] | |
Apr 06, 2026 | United States | Series A | 3144 | [+2] |
Unicorns in Sutter Hill Ventures' Portfolio
Sutter Hill Ventures has 5 unicorns in its portfolio - Sigma, SiFive, LaunchDarkly and others. The most recent unicorn in their portfolio is Sigma. It became a unicorn in 2024, 4 years after Sutter Hill Ventures first invested in it.Here is a list of unicorns in Sutter Hill Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
66 | Provider of a platform for building AI applications and analytics | 2014 | San Francisco | Series E | {mfraew | ||
71 | Developer of RISC-V core IP, boards, software, and tools | 2015 | Santa Clara | Series G | lpzzlsm | ||
74 | Provider of platform for feature flags, experimentation, and AI configuration | 2014 | Oakland | Series D | rcmfsqa | ||
71 | Provider of an agent workforce platform for enterprise artificial intelligence | 2012 | Boston | Series G | tlxzytb | ||
64 | Provider of nanotech-based lithium-ion batteries for diversified applications | 2011 | Alameda | Series G | nbrklrz |
IPOs and Publicly Listed companies in Sutter Hill Ventures' Portfolio
20 of Sutter Hill Ventures' portfolio companies have become public. GRAIL got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Jun 2024 and Astera Labs got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ) at marketcap of $5.49B.Here are Sutter Hill Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 25, 2024 | Jan 10, 2016 | Series A | 5054 | |
Mar 20, 2024 | Apr 22, 2020 | Series B | 3925 | |
Mar 02, 2022 | Mar 28, 2017 | Series A | 3686 | |
Mar 26, 2021 | Jun 14, 2004 | Series B | 6189 | |
Dec 09, 2020 | Sep 01, 2016 | Series D | 4499 |
Acquired companies in Sutter Hill Ventures' Portfolio
108 companies from Sutter Hill Ventures' portfolio have been acquired. The most recent acquisition was RUCKUS Networks in Apr 2026 by Belden for $*****.Here are Sutter Hill Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Apr 30, 2026 | Sep 19, 2005 | Series B | 1071 | |
Jan 08, 2026 | Oct 07, 2020 | Series A | 2666 | |
Jul 08, 2025 | - | - | 3431 | |
Jan 14, 2025 | Sep 13, 2000 | Series B | 8373 | |
Sep 24, 2024 | May 05, 2014 | Series E | 2733 |
Team profile of Sutter Hill Ventures
Sutter Hill Ventures has a team of 67 members including 18 Partners and 12 Venture Partners located in United States. Sutter Hill Ventures' team does not sit on the board of any company as of now.Here is a list of top team members in Sutter Hill Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Palo Alto | - | - | |
Partner | Palo Alto | - | - | |
Partner | Hillsboro | - | - | |
Partner | Palo Alto | - | ||
Partner | Palo Alto | - | ||
Partner | New York City | - | ||
Partner | Palo Alto | - | ||
Partner | - | - | ||
Partner | - | - | - | |
Partner | - | - | - | |
Partner | - | - | - |
Co-investors of Sutter Hill Ventures
Over the past 28 years, 804 investors have co-invested in Sutter Hill Ventures's portfolio companies. This includes funds and angels.
- Invested before Sutter Hill Ventures: Greylock Partners, Sequoia Capital and 205 others have invested in rounds before Sutter Hill Ventures. There are 8 companies where Greylock Partners has invested before Sutter Hill Ventures and 5 companies where Sequoia Capital has invested before Sutter Hill Ventures.
- Top Co-investors of Sutter Hill Ventures: 266 investors entered a company along with Sutter Hill Ventures. These include investors like Redpoint Ventures (6 companies).
- Invested after Sutter Hill Ventures: A total of 331 investors have invested in Sutter Hill Ventures's portfolio after their investments. Top Investors include Bessemer Venture Partners (5 companies), T. Rowe Price (5 companies) and Index Ventures (5 companies).
Recent News related to Sutter Hill Ventures
•
Sigma Raises $80 Million Series E to Expand AI Analytics and Agentic PlatformThe SaaS News•May 19, 2026•Sigma, XN LP, Princeville Capital, K5 Global and 9 others
•
GridCare Raises $64 Million to Accelerate AI Data Center ProjectsSiliconAngle•May 15, 2026•GridCARE, Stanford University, National Grid, Sutter Hill Ventures and 7 others
•
•
nEye.ai Raises $80M to Scale Optical Circuit Switching for AI Data CentersTechStartups.com•Apr 14, 2026•nEye, M12, CapitalG, Sutter Hill Ventures and 3 others
•
SiFive Raises $400 Million From Atreides, Nvidia for Data-Center Chip TechnologyU.S. News•Apr 09, 2026•Prosperity7 Ventures, SiFive, Atreides Management, Point72 and 4 others
•
Aria Networks raises $125mElectronics Weekly•Apr 08, 2026•Aria Networks, Eclipse, Atreides Management, Valor Equity Partners and 3 others
•
Celero Communications Secures $140 Million to Accelerate AI InfrastructureBusiness Wire•Nov 17, 2025•Atreides Management, Valor Equity Partners, CapitalG, Sutter Hill Ventures and 6 others
•
Luminary Cloud Secures $72M to Enhance AI-Powered Physical Product DesignSiliconAngle•Sep 15, 2025•Luminary Cloud, N47, Nvidia, Next47 and 1 other
•
Ridge BioTech Emerges with $25M Seed Financing for AI-Enabled Drug DesignBusiness Wire•Sep 09, 2025•Ridge Bio, Overlap Holdings, Sutter Hill Ventures
•
Observe Closes $156 Million Series C Funding Round Led by Sutter Hill Venturessvdaily.com•Jul 30, 2025•Observe, Sutter Hill Ventures, Madrona, Alumni Ventures and 4 others
