Firms

Sierra Ventures

Sierra Ventures

San Mateo, California, US

Sierra Ventures is an early-stage venture capital firm based in San Mateo, California, founded in 1982. The firm invests in next-generation enterprise and emerging technologies, including AI infrastructure, vertical AI, physical intelligence, and frontier/deep tech, from inception through Series A.

Founded
1982
Type
Venture capital

Funds2

  • Sierra Ventures Fund XIII$265M

    Documented closed USD 265 million; official firm blog and Signal show conflicting USD 270 million, possibly rounding or scope, unresolved. Preserve both without averaging.

  • Sierra Ventures Fund XII$215M

    Historical USD 215 million raised fund, separate from cumulative invested capital and AUM.

Team

$10M$500K – $20MSan Francisco Bay Area
$7M$500K – $15MMenlo Park, California
Ben Yu
Ben Yu

Sierra Ventures, managing_partner

$7M$500K – $15MSan Francisco Bay Area
Tim Guleri
Tim Guleri

Sierra Ventures, managing_director

$7M$500K – $15MSan Francisco Bay Area
$7M$500K – $15MSan Mateo, California
$7M$500K – $15MSan Mateo, California
Peter Wendell
Peter Wendell

Sierra Ventures, managing_director

$7M$500K – $15MUnited States
$7M$500K – $15MUnited States
$3M$500K – $8MEurope
$3M$500K – $7MSan Mateo, California

Co-investing

Mark Fernandes
Tim Guleri
General Catalyst
Ben Yu
Y Combinator

Investments