# Meritech Capital Partners: portfolio, investments and team

> Meritech Capital Partners is a vc firm based in United States. 174 investments on record, 11 in the last 12 months, latest Oct 2026.

Source: https://millionrounds.com/fund/meritech-capital-partners (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# Meritech Capital Partners

Last cheque observed Oct 2026; 174 cheques on record.

Email

Deploying now New fund $1.1B, Oct 2022 VC firm

Seed Series A Series B Technology

Follow Meritech Capital Partners and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fmeritech-capital-partners)

Deploying now

**92%** of best year **11** **cheques in 12 months**, 174 on record

Since the last cheque **10** days **00** hrs **00** min **00** sec

Median round **$92M** Cheque size, as they say **$5.0M – $40M** Rounds led **12 of 174** Sole investor **5 rounds** Exits **47 from the portfolio** Mostly in **United States, 85%**

Pitch Meritech Capital Partners

## Meritech Capital Partners highlights

- 01 11 cheques in the last 12 months
- 02 Mostly Series D and Series C: 48% of its rounds
- 03 Sole investor in 5 rounds, median $40M
- 04 47 exits from the portfolio

## What they do

> Meritech is an investment firm that partners with companies redefining their markets through technology. From their own website

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** $5.0M – $40M as they say
- **Stages:** Seed Series A Series B Growth Pre-IPO
- **Sectors:** Technology
- **Based in:** Palo Alto, United States
- **Cold pitches:** Not accepted

## The record

Every round we can evidence, newest first **174 appearances**

- **2026** 9 rounds
- **Oct** **[Pigment](https://millionrounds.com/company/pigment)** Series E · FR · Wowtale **$250M** With 9 others
- **Oct** **[ASI](https://millionrounds.com/company/asi)** Series C · US · Google News search **$325M** With 6 others
- **Sept** **[Clay](https://millionrounds.com/company/clay)** Series D · US · BetaKit **$115M** With 8 others
- **Aug** **[Owner](https://millionrounds.com/company/owner)** Series D · US · Ventureburn **$240M** With 7 others
- **Aug** **[Lumilens](https://millionrounds.com/company/lumilens)** Series C · US · Ventureburn **$700M** *Led*
- **Jul** **[Inforcer](https://millionrounds.com/company/inforcer)** Series C · GB · TechCrunch **$50M** With 2 others
- **May** **[Mind Robotics](https://millionrounds.com/company/mind-robotics)** US · TechCrunch **$400M** With 15 others
- **Apr** **[Avoca](https://millionrounds.com/company/avoca)** US · AlleyWatch **$125M** *Led*
- **Apr** **[Depthfirst](https://millionrounds.com/company/depthfirst)** Series B · US · TechStartups **$80M** *Led*
- **2025** 12 rounds
- **Dec** **[Fal](https://millionrounds.com/company/fal)** Series D · US · TechCrunch **$140M** With 12 others
- **Nov** **[Kalshi](https://millionrounds.com/company/kalshi)** Series E · US · Conductive Ventures **$1.0B** With 10 others
- **Oct** **[Fal.ai](https://millionrounds.com/company/fal-ai)** Growth · US · TechCrunch **$250M** With 2 others
- **Oct** **[n8n](https://millionrounds.com/company/n8n)** Series C · DE · Ventureburn **$180M** With 7 others
- **Aug** **[Framer](https://millionrounds.com/company/framer)** Series D · NL · Crunchbase News **$100M** *Led*
- **Jun** **[Clay](https://millionrounds.com/company/clay)** Series C · US · Crunchbase News **$100M** With 7 others
- **Jun** **[Superblocks](https://millionrounds.com/company/superblocks)** Series A · AlleyWatch **$23M** With 5 others
- **May** **[Astronomer](https://millionrounds.com/company/astronomer)** Series D · US · Crunchbase News **$93M** With 8 others
- **Apr** **[Pennylane](https://millionrounds.com/company/pennylane)** FR · TechStartups **$82M** *Led*
- **Mar** **[BuildOps](https://millionrounds.com/company/buildops)** Series C · US · TechCrunch **$127M** *Led*
- **Mar** **[Flock Safety](https://millionrounds.com/company/flock-safety)** Series F · US · Crunchbase News **$275M** With 8 others
- **Jan** **[Clay](https://millionrounds.com/company/clay)** Series B · US · AlleyWatch **$40M** *Led*
- **2024** 1 round
- **Oct** **[Inforcer](https://millionrounds.com/company/inforcer)** Series A · GB · Silicon Canals **$19M** *Led*
- **2019** 11 rounds
- **Dec** **[Bright Health](https://millionrounds.com/company/bright-health)** Series D · US · FinSMEs **$635M** With 8 others
- **Nov** **[Tray.io](https://millionrounds.com/company/tray-io)** Series C · US · FinSMEs **$50M** *Led*
- **Oct** **[Pendo](https://millionrounds.com/company/pendo)** Series E · US · FinSMEs **$100M** With 7 others
- **Aug** **[Yubico](https://millionrounds.com/company/yubico)** US · Breakit **$25M** Sole investor
- **May** **[Auth0](https://millionrounds.com/company/auth0)** Series E · US · FinSMEs **$103M** With 5 others
- **May** **[Carta](https://millionrounds.com/company/carta)** Series E · US · FinSMEs **$300M** With 7 others
- **Apr** **[Tray.io](https://millionrounds.com/company/tray-io)** Series B · US · FinSMEs **$37M** With 4 others
- **Apr** **[Verkada](https://millionrounds.com/company/verkada)** Series B · US · Forbes **$40M** *Led*
- **Apr** **[Outreach](https://millionrounds.com/company/outreach)** Series E · US · Outreach **$114M** With 9 others
- **Apr** **[Segment](https://millionrounds.com/company/segment)** Series D · US · Siliconangle **$175M** *Led*
- **Feb** **[Ionic Security](https://millionrounds.com/company/ionic-security)** Series E · US · FinSMEs **$40M** With 6 others
- **2018** 9 rounds
- **Dec** **[Carta](https://millionrounds.com/company/carta)** Series D · US · FinSMEs **$80M** With 1 other
- **Nov** **[UiPath](https://millionrounds.com/company/uipath)** Series C · US · FinSMEs **$265M** With 2 others
- **Oct** **[DataRobot](https://millionrounds.com/company/datarobot)** Series D · US · Xconomy **$100M** With 3 others
- **Oct** **[Lucidchart](https://millionrounds.com/company/lucidchart)** US · FinSMEs **$72M** With 2 others
- **Oct** **[Snowflake](https://millionrounds.com/company/snowflake)** US · FinSMEs **$450M** With 7 others
- **Oct** **[Braze](https://millionrounds.com/company/braze)** Series E · US · FinSMEs **$80M** Sole investor
- **Sept** **[Roblox](https://millionrounds.com/company/roblox)** Series F · US · FinSMEs **$150M** With 3 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **14 named**

AS **Alex S. Clayton** Managing Member of the General Partner i Filing they signed

AS **Alex S. Kurland** Managing Member of the General Partner i Filing they signed

AF **Alexander Francis Clayton** Co-President, Director and Shareholder i Form ADV

AS **Alexander S Kurland** Managing Member of the General Partner i Filing they signed

AW **Andrew William Heck** Chief Operating Officer and Chief Financial Officer i Form ADV

CS **Craig S. Sherman** Managing Member of the General Partner i Filing they signed

GH **George Harrington Bischof** Co-President, Director and Shareholder i Form ADV

GS **George S. Bischoff** Executive Officer i Filing they signed

JS **Joel S. Backman** Executive Officer i Filing they signed

MS **Max S. Motschwiller** Managing Member of the General Partner i Filing they signed

MM **Maxwell Motschwiller** Co-President, Director and Shareholder i Form ADV

MS **Michael S. Gordon** Executive Officer i Filing they signed

PS **Paul Scott Madera** Managing Member of the General Partner i Filing they signed

RD **Robert Danforth Ward** Co-President, Director and Shareholder i Form ADV

We also hold **32** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**$4.6B** gross assets of its funds Oct 2026

**8+** funds on file numbered funds in its name

**Exempt** reporting adviser venture or small private funds

- **Legal name:** Meritech Sub-management Corporation
- **SEC number:** CRD 161233

## Exits from the portfolio

Companies it backed that were later bought or listed **47 in all**

**[Looker](https://millionrounds.com/company/looker)** Bought by [Google](https://millionrounds.com/fund/google-assistant-investments) **Undisclosed** Jun 2019

**[Glint](https://millionrounds.com/company/glint)** Bought by [Microsoft](https://millionrounds.com/fund/microsoft) **$400M** Oct 2018

**[SimpliVity](https://millionrounds.com/company/simplivity)** Bought by Hp **$650M** May 2017

**[Good Technology](https://millionrounds.com/company/good-technology)** Bought by [BlackBerry](https://millionrounds.com/fund/cylance) **$425M** Sept 2015

**[zulily](https://millionrounds.com/company/zulily)** Bought by Liberty Interactive Corporation **$2.4B** Aug 2015

**[Rally Software](https://millionrounds.com/company/rally-software)** Bought by [CA Technologies](https://millionrounds.com/fund/ca-technologies) **Undisclosed** May 2015

**[Riverbed Technology](https://millionrounds.com/company/riverbed-technology)** Bought by [Thoma Bravo](https://millionrounds.com/fund/thoma-bravo) **$3.5B** Apr 2015

**[lynda.com](https://millionrounds.com/company/lynda-com)** Bought by [LinkedIn](https://millionrounds.com/fund/linkedin) **$1.5B** Apr 2015

**[Ariosa Diagnostics, Inc.](https://millionrounds.com/company/ariosa-diagnostics-inc)** Bought by Roche **$625M** Dec 2014

**[MetraTech](https://millionrounds.com/company/metratech)** Bought by [Ericsson](https://millionrounds.com/fund/ericsson-ventures) **Undisclosed** Jul 2014

**[Fusion-io](https://millionrounds.com/company/fusion-io)** Bought by [SanDisk](https://millionrounds.com/fund/sandisk) **$1.1B** Jun 2014

**[zulily](https://millionrounds.com/company/zulily)** Listed **$263M** Nov 2013

**[Tremor Video](https://millionrounds.com/company/tremor-video)** Listed **$75M** Jun 2013

**[Rally Software](https://millionrounds.com/company/rally-software)** Listed **$84M** Apr 2013

**[Zipcar](https://millionrounds.com/company/zipcar)** Bought by Avis **Undisclosed** Jan 2013

**[Yammer](https://millionrounds.com/company/yammer)** Bought by [Microsoft](https://millionrounds.com/fund/microsoft) **$1.2B** Jun 2012

**[Facebook](https://millionrounds.com/company/facebook)** Listed **$18B** May 2012

**[NextG Networks](https://millionrounds.com/company/nextg-networks)** Bought by [Crown Castle](https://millionrounds.com/fund/crown-castle) **$1.0B** Apr 2012

**[BigBand Networks](https://millionrounds.com/company/bigband-networks)** Bought by [Arris Group](https://millionrounds.com/fund/arris-group) **$172M** Oct 2011

**[Force10 Networks](https://millionrounds.com/company/force10-networks)** Bought by [Dell](https://millionrounds.com/fund/dell) **Undisclosed** Sept 2011

The latest 20 here. An exit counts when it came after the firm's first round in the company. From historical deal records.

New fund on file

**$1.1B**

raised in Oct 2022

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Seed Series A Series B

Median round joined **$92M** the round, not its cheque Alone, median **$40M**

Led 12 of 174 rounds **7%**

- **Said size:** $5.0M – $40M
- **Sole investor:** 5 rounds
- **Last cheque:** Oct 2026
- **Exits:** 47 from the portfolio

Rounds by stage said on their site

- Series D *36*
- Series C *35*
- Venture *26*
- Series E *25*
- Series B said *16*
- Series F *10*
- Seed said *-*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Accel](https://millionrounds.com/fund/accel) 40
- [Redpoint](https://millionrounds.com/fund/redpoint) 19
- [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) 13
- [Crosslink Capital](https://millionrounds.com/fund/crosslink-capital) 12
- [DFJ](https://millionrounds.com/fund/dfj) 12
- [Oak Investment Partners](https://millionrounds.com/fund/oak-investment-partners) 12

**Pitching Meritech Capital Partners?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

The investors most often in the same rounds as Meritech Capital Partners. A count of rooms they were both in, not a relationship either has claimed.

[**Accel** VC firm **40** rounds together](https://millionrounds.com/fund/accel)[**Redpoint** VC firm **19** rounds together](https://millionrounds.com/fund/redpoint)[**New Enterprise Associates** VC firm **13** rounds together](https://millionrounds.com/fund/new-enterprise-associates)[**Crosslink Capital** VC firm **12** rounds together](https://millionrounds.com/fund/crosslink-capital)[**DFJ** VC firm **12** rounds together](https://millionrounds.com/fund/dfj)[**Oak Investment Partners** Private equity **12** rounds together](https://millionrounds.com/fund/oak-investment-partners)[**Sapphire Ventures** VC firm **12** rounds together](https://millionrounds.com/fund/sapphire-ventures)[**Andreessen Horowitz** VC firm **11** rounds together](https://millionrounds.com/fund/andreessen-horowitz)[**Bessemer Venture Partners** VC firm **10** rounds together](https://millionrounds.com/fund/bessemer-venture-partners)[**Lightspeed Venture Partners** VC firm **10** rounds together](https://millionrounds.com/fund/lightspeed-venture-partners)[**Salesforce Ventures** Corporate VC **10** rounds together](https://millionrounds.com/fund/salesforce-ventures)[**Sequoia Capital** VC firm **10** rounds together](https://millionrounds.com/fund/sequoia-capital)

## Recently backed

The latest companies Meritech Capital Partners put money into.

[**Pigment** $250M · Oct 2026](https://millionrounds.com/company/pigment)[**ASI** $325M · Oct 2026](https://millionrounds.com/company/asi)[**Clay** $115M · Sept 2026](https://millionrounds.com/company/clay)[**Owner** $240M · Aug 2026](https://millionrounds.com/company/owner)[**Lumilens** $700M · Aug 2026](https://millionrounds.com/company/lumilens)[**Inforcer** $50M · Jul 2026](https://millionrounds.com/company/inforcer)

## Quick answers about Meritech Capital Partners

### What does Meritech Capital Partners invest in?

Meritech Capital Partners invests most often at Series D and Series C (48% of the rounds on record), in sectors such as Technology.

### How active is Meritech Capital Partners?

174 investments on record, 11 of them in the last 12 months, and it led 12. The most recent was in Oct 2026.

### What has Meritech Capital Partners invested in recently?

Its most recent investments on record: Pigment (Series E, Oct 2026), ASI (Series C, Oct 2026) and Clay (Series D, Sept 2026).

### How big are Meritech Capital Partners's cheques?

The median round it joins is $92M. It says it writes cheques of $5.0M to $40M.

### Does Meritech Capital Partners lead rounds?

Sometimes: it led 12 of its 174 investments on record (7%).

### Where does Meritech Capital Partners invest?

Most of the companies it backs are in the United States (85%), France (5%) and the United Kingdom (5%).

### Is Meritech Capital Partners investing now?

Yes: it is actively investing, with 11 investments in the last 12 months.

### Who does Meritech Capital Partners invest alongside?

Most often Accel (40 rounds together), Redpoint (19 rounds together) and New Enterprise Associates (13 rounds together).

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