SaaS
A new golden age for SaaS.
Overview
Greylock has a rich history investing in software applications and partnering with founders on their distribution models — from tops-down enterprise sales to product- and community-led playbooks. Across every industry vertical, applications are becoming smarter, more approachable, and easier to integrate — with deeper workflows and proprietary data forming the foundation for tomorrow’s system-of-record companies. And with a new wave of LLM-based applications, SaaS companies have a generational opportunity to revamp verticals that have yet to be touched by software.
We are currently focused on investing in horizontal and vertical software.
Dylan Field // Figma
Design Together
CEO Dylan Field co-founded Figma based on a simple, yet powerful insight: design is at the center of modern work, but design tools hadn’t evolved for more than three decades. While documents, spreadsheets, engineering and more had all become collaborative, designer tools were still in the dark ages when it came to working together and across teams. Figma provides a better way for product teams to design, prototype and collaborate, all in the browser. Greylock led the series A in Figma in 2015, and today the product is used by thousands of enterprise companies like Airbnb, Goldman Sachs, Google, Microsoft, NYT, Spotify, Uber and more.
Read MoreAneel Bhusri // Workday
Enterprise Cloud Applications for Finance and HR
In 2005, Aneel Bhusri and Dave Duffield met for brunch at the Jax Truckee Diner. They decided to form a company that would sell cloud-based applications for finance and HR, which became known as Workday. Greylock partnered with the co-founders from day one, and in 2012, Workday (NASDAQ: WDAY) went public. Today, the company is a leading provider of enterprise cloud applications, delivering financial management, human capital management, planning, and analytics applications designed for the world’s largest companies, educational institutions, and government agencies.
Learn MoreDOMAIN
SaaS
FIRST PARTNERED
Seed
CURRENT STATUS
Public
INVESTORS
Aneel Bhusri
LEADERSHIP
Aneel Bhusri, CEO & Co-Founder
Dave Duffield, Chairman & Co-Founder
HQ
Pleasanton, CA | USA
Vertical SaaS
AI-infused software solutions for specific industries.
DOMAIN
Fintech & Crypto, SaaS
FIRST PARTNERED
Series D
CURRENT STATUS
Public
INVESTORS
Jerry Chen
LEADERSHIP
Nima Ghamsari, CEO
HQ
San Francisco, CA | USA
Transforming mental health care.
Lyra helps companies improve access to effective, high-quality mental health care for their employees and their families. With Lyra’s digital care platform and elite network of coaches, therapists, and psychiatrists, finding care is easier, more personalized, and more effective. Lyra has raised more than $170 million and works with large employers, such as Starbucks, uber, Amgen, LinkedIn, and Fortune 500 companies to support more than 1 million members nationwide.
DOMAIN
Marketplace & Commerce, SaaS
FIRST PARTNERED
Seed
CURRENT STATUS
Active
INVESTORS
James Slavet
LEADERSHIP
David Ebersman, CEO & Co-Founder
HQ
Burlingame, CA | USA
DOMAIN
AI, SaaS
FIRST PARTNERED
Seed
CURRENT STATUS
Active
INVESTORS
Jerry Chen
LEADERSHIP
Pranay Kapadia, Co-Founder and CEO
Adam Ting, Co-Founder and CPO
Justin White, Co-Founder and CTO
HQ
San Mateo, CA | USA
The eCommerce platform for food distributors.
Pepper is the eCommerce platform for food distributors. Thousands of restaurants, grocery stores, and convenience stores, across N. America, order from their distributors on an ordering system that’s powered by Pepper. On average, food distributors using Pepper see 14% sales growth and 77% reduction in order entry time.
DOMAIN
Marketplace & Commerce, SaaS
FIRST PARTNERED
Seed
CURRENT STATUS
Active
INVESTORS
Mike Duboe
LEADERSHIP
Bowie Cheung, Co-Founder
Chetan Narain, Co-Founder
Ivana Tesanovic, Co-Founder
HQ
New York City, NY | Remote
Productivity & Collaboration
Work is dynamic, cross-team input is common, and integration throughout the stack is the expectation.
Coda is a new doc for teams.
Coda is a new doc for teams. It starts with a blank canvas and a blinking cursor and comes with a new set of building blocksーlike tables that talk to each other, buttons that take action outside your doc, and sectionsーso you have infinite room to grow your ideas.
DOMAIN
AI, SaaS
FIRST PARTNERED
Series A
CURRENT STATUS
Acquired
INVESTORS
Reid Hoffman
LEADERSHIP
Shishir Mehrotra, CEO & Co-Founder
Alex DeNeui, VP of Engineering & Co-Founder
HQ
Mountain View, CA | USA
Your life's work wherever.
Dropbox is building the world’s first smart workspace. We believe there’s a more enlightened way to work. Dropbox helps people be organized, stay focused, and get in sync with their teams.
DOMAIN
SaaS
FIRST PARTNERED
Series B
CURRENT STATUS
Public
INVESTORS
John Lilly
LEADERSHIP
Drew Houston, CEO & Co-Founder
Arash Ferdowsi, CTO & Co-Founder
HQ
San Francisco, CA | USA
Figma is a design platform for teams who build products together.
Figma is a design platform for teams who build products together. Born on the Web, Figma helps the entire product team create, test, and ship better designs, faster.
On a mission to make design accessible to all, Figma is helping companies like Microsoft, Google, and Slack redesign how they design. Whether you’re trying to consolidate tools, get more eyes on your work, or collaborate across time zones, Figma boosts creative productivity while keeping everyone on the same page.
DOMAIN
SaaS
FIRST PARTNERED
Series A
CURRENT STATUS
Public
INVESTORS
John Lilly
LEADERSHIP
Dylan Field, CEO & Co-Founder
HQ
San Francisco, CA | USA
The modern productivity suite.
DOMAIN
SaaS
FIRST PARTNERED
Series A
CURRENT STATUS
Acquired
INVESTORS
John Lilly
LEADERSHIP
Bret Taylor, CEO & Co-Founder
Kevin Gibbs, Head of Engineering & Co-Founder
HQ
San Francisco, CA | USA
Application Software
Next generation systems-of-record companies for mission critical information.
DOMAIN
Infrastructure, Marketplace & Commerce, SaaS
FIRST PARTNERED
Seed
CURRENT STATUS
Active
INVESTORS
Mike Duboe, Corinne Riley
LEADERSHIP
Steve Sewell, Co-Founder & CEO
Brent Locks, Co-Founder & COO
HQ
Distributed
Generative AI for contact centers
Cresta is an early-stage enterprise AI startup with the mission of enabling everyone to start as an expert on their first day on the job. Spun out of the Stanford AI lab and chaired by Google-X founder Sebastian Thrun, Cresta brings together industry-leading AI experts, proven leadership, and top-tier investors including Greylock Partners, Andreessen Horowitz, Andy Bechtolsheim, and Mark Leslie. We are in production at multiple Fortune 500 companies and are training on millions of dialog conversations.
DOMAIN
AI, SaaS
FIRST PARTNERED
Series A
CURRENT STATUS
Active
INVESTORS
Saam Motamedi
LEADERSHIP
Ping Wu, CEO
Tim Shi, CTO and Co-founder
Sebastian Thrun, Chairman and Co-founder
HQ
San Francisco, CA | USA
Reinventing customer service for the 21st century.
Gladly is a radically personal customer service platform. Unlike legacy customer service platforms that are case centric, only Gladly is designed with people at the center and uniquely enables a single lifelong customer conversation from voice to modern messaging. Gladly powers some of the most innovative consumer companies like JetBlue, Porsche, Tory Burch, JOANN, and TUMI to deliver exceptional customer experiences and makes customer service a competitive advantage
DOMAIN
SaaS
FIRST PARTNERED
Series A
CURRENT STATUS
Active
INVESTORS
Jerry Chen, Joseph Ansanelli
LEADERSHIP
Joseph Ansanelli, CEO & Co-Founder
Michael Wolfe, VP Products & Co-Founder
Dirk Kessler, Principal Engineer & Co-Founder
HQ
San Francisco, CA | USA
SMS marketing for growing Shopify stores.
Postscript is the leading ecommerce SMS platform that enables brands to communicate and engage with customers through text message marketing. Built to connect directly with Shopify and Shopify Plus merchants, Postscript provides technology for brands to segment lists, create deep data flows, and respect the inbox of consumers.
DOMAIN
Marketplace & Commerce, SaaS
FIRST PARTNERED
Series B
CURRENT STATUS
Active
INVESTORS
Mike Duboe
LEADERSHIP
Adam Turner, CEO
Colin Turner, COO
Alex Beller, President
HQ
Postscript is a fully remote company.
ServiceNow digital workflows let employees work the way they want to, not how software dictates they have to.
DOMAIN
Infrastructure
FIRST PARTNERED
Common Stock
CURRENT STATUS
Public
INVESTORS
Aneel Bhusri
LEADERSHIP
Bill McDermott, Chairman & CEO
HQ
Santa Clara, CA
DOMAIN
SaaS
FIRST PARTNERED
Seed
CURRENT STATUS
Public
INVESTORS
Aneel Bhusri
LEADERSHIP
Aneel Bhusri, CEO & Co-Founder
Dave Duffield, Chairman & Co-Founder
HQ
Pleasanton, CA | USA