Scale Venture Partners

Last updated
Scale Venture Partners
Company type Private
Industry Venture capital
PredecessorBA Venture Partners
Founded2000;26 years ago (2000)
Headquarters Foster City, California, U.S.
Products Investments
Total assets US$1.9 billion
Website www.scalevp.com

Scale Venture Partners is an early-stage venture capital firm based in Foster City, California. [1] [2] , that invests primarily in Series A and Series B funding rounds. Since its founding, the firm has invested in more than 380 technology companies, including Cloud, SaaS, and infrastructure companies. Of these investments, 159 have resulted in exits, including IPOs for companies like Bill.com, Box, DocuSign, HubSpot, RingCentral, Root Insurance, and WalkMe.

Contents

Scale has focused on investments in areas including Cloud, AI, machine learning, data [3] , DataOps, DevOps, digital health, Fintech, open source software, productivity tools, vertical SaaS, security, and AI-enabled applications.

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.

In 2018, the firm launched Scale Studio, [4] [5] a data product designed to analyze and benchmark SaaS metrics such as growth, efficiency, churn, and cash burn.

History

The firm was founded in 2000 as BA Venture Partners, [6] and functioned as the venture capital arm of Bank of America, 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. [7]

SaaS and 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 and ML, productivity, open source, cybersecurity, dev-ops, big data and automation for industries that have traditionally been low-tech.

Investments include:

Scale Studio – SaaS metrics and benchmarks

Scale Studio is a free data-product that launched in July 2018 [8] that analyzes financials and operating metrics from 1000+ private companies and provides SaaS-metrics and 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. [9]

References

  1. ↑ Bhasin, Kim; Clark, Patrick (2017-11-20). "Robot Makers Fill Their War Chests in Fight Against Amazon". Bloomberg News . Archived from the original on 2017-11-21.
  2. ↑ "Scale Venture Partners Form D". U.S. Securities and Exchange Commission. 2015-11-19.
  3. ↑ "Cognitive Applications with Intelligence Inside".
  4. ↑ "Scale Venture Partners plans to open up its startup-scaling software platform". SiliconANGLE. 2018-07-10. Retrieved 2021-05-26.
  5. ↑ "Scale Venture Partners closes $400 million fund, launches Scale Studio to help startups benchmark growth". VentureBeat. 2018-07-10. Retrieved 2021-05-26.
  6. ↑ "Bank of America cuts loose venture arm". InvestmentNews. 2007-03-08. Retrieved 2021-05-26.
  7. ↑ Partners, Scale Venture. "Scale Venture Partners Announces Close of New $600 Million Fund". www.prnewswire.com (Press release). Retrieved 2021-05-26.
  8. ↑ "Scale Venture Partners closes $400 million fund, launches Scale Studio to help startups benchmark growth". VentureBeat. 2018-07-10. Retrieved 2021-05-26.
  9. ↑ "Measuring and benchmarking the four vital signs of SaaS". TechCrunch. Retrieved 2021-05-26.
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