Scale Venture Partners is an early-stage
venture capital
Venture capital (often abbreviated as VC) is a form of private equity financing that is provided by venture capital firms or funds to start-up company, startups, early-stage, and emerging companies that have been deemed to have high growth poten ...
firm that typically leads
Series A
A series A round (also known as series A financing or series A investment) is the name typically given to a company's first significant round of venture capital financing. The name refers to the class of preferred stock sold to investors in exchan ...
or
Series B
A venture round is a type of funding round used for venture capital financing, by which startup companies obtain investment, generally from venture capitalists and other institutional investors. The availability of venture funding is among the ...
rounds. Over the last 20 years, Scale has made over 380 investments in
Cloud
In meteorology, a cloud is an aerosol consisting of a visible mass of miniature liquid droplets, frozen crystals, or other particles suspended in the atmosphere of a planetary body or similar space. Water or various other chemicals may ...
,
SaaS
Software as a service (SaaS ) is a software licensing and delivery model in which software is licensed on a subscription basis and is centrally hosted. SaaS is also known as "on-demand software" and Web-based/Web-hosted software.
SaaS is co ...
and
Infrastructure companies, with over 159 exits, including IPOs for companies like
Bill.com,
Box
A box (plural: boxes) is a container used for the storage or transportation of its contents. Most boxes have flat, parallel, rectangular sides. Boxes can be very small (like a matchbox) or very large (like a shipping box for furniture), and ca ...
,
DocuSign,
HubSpot
HubSpot is an American developer and marketer of software products for inbound marketing, sales, and customer service. HubSpot was founded by Brian Halligan and Dharmesh Shah in 2006.
Its products and services aim to provide tools for customer ...
,
RingCentral,
Root Insurance, and
WalkMe
WalkMe is an American multinational software-as-a-service (SaaS) company, with headquarters in San Francisco, California. Its Digital Adoption Platform (DAP) was recognized in Everest Group's PEAK Matrix Assessment of DAP vendors as the leading ...
.
Today, Scale continues to focus on these markets, but believes that the trends in Cloud,
AI and
data
In the pursuit of knowledge, data (; ) is a collection of discrete values that convey information, describing quantity, quality, fact, statistics, other basic units of meaning, or simply sequences of symbols that may be further interpret ...
are combining to transform the entire enterprise stack while expanding the markets' software can address. Scale calls this new megatrend Cognitive Applications and is making early investments in this megatrend in markets like
DataOps,
DevOps
DevOps is a set of practices that combines software development (''Dev'') and IT operations (''Ops''). It aims to shorten the systems development life cycle and provide continuous delivery with high software quality. DevOps is complementary t ...
, Digital Health,
Fintech
Fintech, a portmanteau of "financial technology", refers to firms using new technology to compete with traditional financial methods in the delivery of financial services. Artificial intelligence, blockchain, cloud computing, and big data are ...
, Infrastructure,
Open Source
Open source is source code that is made freely available for possible modification and redistribution. Products include permission to use the source code, design documents, or content of the product. The open-source model is a decentralized sof ...
, Productivity,
Security" \n\n\nsecurity.txt is a proposed standard for websites' security information that is meant to allow security researchers to easily report security vulnerabilities. The standard prescribes a text file called \"security.txt\" in the well known locat ...
, Vertical SaaS and AI enabled apps.
Scale offers a Scaling Platform, that uses executive networks, go-to-market playbooks, private communities, and Scale Studio benchmarks to help startups founder-led growth to a repeatable go-to-market machine.
Scale launched a data-product, Scale Studio, in 2018 to analyze and benchmark SaaS-metrics “Vital Signs” like: growth, efficiency, churn and burn.
Scale is based in
Foster City,
California
California is a state in the Western United States, located along the Pacific Coast. With nearly 39.2million residents across a total area of approximately , it is the most populous U.S. state and the 3rd largest by area. It is also the ...
.
History
The firm was founded in 2000 as BA Venture Partners, and functioned as the venture capital arm of
Bank of America
The Bank of America Corporation (often abbreviated BofA or BoA) is an American multinational investment bank and financial services holding company headquartered at the Bank of America Corporate Center in Charlotte, North Carolina. The bank ...
, where it raised its first two funds.
In 2007, the firm spun out from Bank of America and changed its name to Scale Venture Partners. Scale's $600 million Fund VII was launched in December 2020.
SaaS & Cloud Investments
Scale invests in enterprise software startups that are between $500,000 - $5,000,000 in annual revenue, within SaaS and Cloud, Scale focuses on markets like:
AI &
ML,
productivity
Productivity is the efficiency of production of goods or services expressed by some measure. Measurements of productivity are often expressed as a ratio of an aggregate output to a single input or an aggregate input used in a production proce ...
,
open source
Open source is source code that is made freely available for possible modification and redistribution. Products include permission to use the source code, design documents, or content of the product. The open-source model is a decentralized sof ...
,
cybersecurity
Computer security, cybersecurity (cyber security), or information technology security (IT security) is the protection of computer systems and networks from attack by malicious actors that may result in unauthorized information disclosure, th ...
,
dev-ops,
big data and
automation
Automation describes a wide range of technologies that reduce human intervention in processes, namely by predetermining decision criteria, subprocess relationships, and related actions, as well as embodying those predeterminations in machines ...
for industries that have traditionally been low-tech.
Investments of note include:
*
BigID
*
Bill.com
*
Box.com
* CircleCI
*
CloudHealth
*
DemandBase
*
Docusign
*
ExactTarget
* Expel
*
Forter
Forter is a software as a service (SaaS) company that provides fraud prevention technology for online retailers and marketplaces. It has offices in Tel Aviv, London, Singapore, and New York; its headquarters are in New York.
History
The company ...
* Honeycomb
*
Hubspot
HubSpot is an American developer and marketer of software products for inbound marketing, sales, and customer service. HubSpot was founded by Brian Halligan and Dharmesh Shah in 2006.
Its products and services aim to provide tools for customer ...
* JFrog
*
KeepTruckin
Motive (formerly KeepTruckin) is a technology company that creates software used by truck companies and a range of industries, including transportation and logistics, construction, energy, field service, manufacturing, agriculture, food and bev ...
* Locus Robotics
*
Omniture
*
OneLogin
OneLogin, Inc. is a cloud-based identity and access management (IAM) provider that develops a unified access management (UAM) platform to enterprise-level businesses and organizations. It was founded in 2009 by brothers Thomas Pedersen and Chri ...
* Papaya Global
* PerimiterX
*
RingCentral
*
Root
In vascular plants, the roots are the organs of a plant that are modified to provide anchorage for the plant and take in water and nutrients into the plant body, which allows plants to grow taller and faster. They are most often below the sur ...
* Scout RFP
*
Socure
* Spruce
* Treasure Data
*
WalkMe
WalkMe is an American multinational software-as-a-service (SaaS) company, with headquarters in San Francisco, California. Its Digital Adoption Platform (DAP) was recognized in Everest Group's PEAK Matrix Assessment of DAP vendors as the leading ...
*
Wrike
Wrike, Inc. is an American project management application service provider based in San Jose, California. Wrike also has offices in Dallas, Tallinn, Nicosia, Dublin, Tokyo, Melbourne and Prague.
History
Wrike was founded in 2006 by Andrew File ...
Scale Studio - SaaS Metrics & Benchmarks
Scale Studio is a free data-product that launched in July 2018 that analyzes financials and operating metrics from 1000+ private companies and provides SaaS-metrics & benchmarks for startup “Vital Signs” like: growth, efficiency, churn and burn.
The platform asks users to input their financial and operational data, and then produces a report which benchmarks performance against thousands of quarters of data from similar companies.
References
External links
*
{{Venture capital firms
Financial services companies established in 2000
Venture capital firms of the United States
Companies based in Foster City, California