What does Sierra Ventures do?

Sierra Ventures is an early-stage venture capital firm based in San Mateo, California, established in 1982. The firm specializes in Seed and Series A investments, focusing on sectors such as enterprise software, AI, cybersecurity, healthcare, and emerging technologies. With over $2 billion in assets under management, Sierra Ventures has made 386 investments and achieved 35 IPOs, employing a "patient capital" strategy to support founders over the long term. The firm targets Seed rounds of up to $5 million and Series A rounds of up to $10 million, prioritizing companies with strong product-market fit and innovative ideas. Sierra Ventures takes a collaborative approach, offering hands-on support in product development, go-to-market strategies, and scaling through its extensive network of technology executives. Its portfolio includes notable companies like Reify Health, Phenom, and Astronomer, among others, and it actively engages with its portfolio through events like the CXO Summit.