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Meritech Capital Partners

Meritech Capital Partners is a Palo Alto-based late-stage growth firm founded in 1999, focused on Series C and later …

Active VC 🇺🇸 United States · United States · Since 1999
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Portfolio Active
3
Latest DataRobot
Deal flow
$681M
5 rounds
Unicorns
3
≥ $1B valuation
Founded
1999
27 yrs
Latest
Apr 2026
Avoca AI

About Meritech Capital Partners

Meritech Capital Partners is a Palo Alto-based late-stage growth firm founded in 1999, focused on Series C and later rounds and pre-IPO crossover investments. The partnership runs a deliberately small team and a concentrated book, with notable bets including Facebook, Salesforce, Snowflake, Datadog, and Crowdstrike. Meritech publishes widely-read public-comparable analyses for SaaS companies. Within the cohort, Meritech backed Avoca AI's $125M Series B, extending its long history of growth-stage software investing into voice-AI applications.

Investment activity

2018–2026
$100M
$206M
$50M
$200M
$125M
1
'18
1
'19
1
'20
1
'21
1
'26

Portfolio

3

Co-investors

8

Recent rounds

5
Apr 27, 2026 Series B $125M Avoca AI
Jun 2, 2021 Series G $200M Outreach
Jun 23, 2020 Series F $50M Outreach
Sep 1, 2019 Series E $206M DataRobot
Jan 1, 2018 Series D $100M Lead DataRobot