Emergence

Profile

Emergence is a venture capital firm based in the United States that specializes in partnering with founders to transform the way the world works. Founded in an undisclosed year, the firm is known for its strong team of partners who each make only one investment annually, allowing them to dedicate significant resources and expertise to the companies they back. Emergence is characterized by zero partner turnover, indicating a stable long-term relationship with its portfolio companies and a well-developed culture of talent from within the firm.

Emergence focuses on investing in early-stage B2B software companies, with notable expertise in cloud and AI technologies. They prefer to make deep engagements rather than spreading across many investments, with realized returns over $9 billion on less than $2.5 billion invested. Their investment philosophy often involves recognizing and backing contrarian and horizon-changing business models. They manage significant assets, although the exact AUM is not clearly disclosed.

Some of Emergence's most notable portfolio companies include Salesforce - a CRM platform, Zoom - video conferencing software, Veeva - vertical SaaS, Ironclad - contract lifecycle management, Doximity - professional networking for physicians, and Gusto - HR software. Their successful track record includes significant public offerings and transformative growth partnerships.