DFX Intelligence
Venture Capital Intelligence
Firms, funds, partners, companies and rounds from sworn filings, firm sites and announcements, kept as a graph with a date and a source on every edge. Facts, inferences and estimates are labelled as such. A fund target is never a close, GAV is never dry powder, and a round size is never an investor’s check.
Firms / Emergence Equity Management, Inc
Emergence Equity Management, Inc
Emergence Capital is the leading venture capital firm focused on early-stage B2B software. We partner with founders transforming the way the world works.
both early and growth/opportunity families, reported GAV $3,234M
Importance
71
high
Active deployment
30
moderate
Emerging
0
low
Completeness
75
high
Freshness
100
high
Research priority
16
moderate
Identity and regulatory footprint
- Headquarters
- San Francisco, CAadviserinfo.sec.gov
- Office address
- PIER 5, SUITE 102, San Francisco, CA, 94111adviserinfo.sec.gov
- Business phone
- 650-573-3100adviserinfo.sec.gov
- Website
- HTTP://WWW.EMCAP.COM
- SEC adviser type
- exempt reporting adviseradviserinfo.sec.gov
- SEC exemption claimed
- venture capital fund adviseradviserinfo.sec.govItem 2.B(1): advises solely venture capital funds
- Latest Form ADV
- Mar 27, 2026
- Private funds reported
- 7 (7 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $3.8Badviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- business email
- hello@emcap.comemcap.compublished by the subject
- business phone
- 650-573-3100adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
86 observed deals
Stated (the firm’s website)
- Sectors
- ai, enterprise software, climate, b2b, vertical saas
- Stages
- series a, early
- Geography
- austin
- Check size
- not stated; DFX does not estimate checks from round sizes
Observed (from deals on record)
Stage at participation: no observed deals yet
Stage at first entry: no observed deals yet
Sectors
unknown 97%Other 3%
lead rate n/afollow-on rate n/anew logos, 12 months 86
Funds and vehicles
12 reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Emergence Capital Partners VI, L.P. | Fund | 2021 form d first sale | Mature | $547M Mar 22, 2024 | 67 | $576M of $576M | May 5, 2021 |
| Emergence Capital Opportunity I, L.P. | Opportunity fund | 2021 form d first sale | Mature | $357M Mar 22, 2024 | 68 | $376M of $376M | May 5, 2021 |
| Emergence Capital Partners V, L.P. | Fund | 2018 form d first sale | Harvest | $588M Mar 22, 2024 | 61 | $435M of $435M | May 22, 2018 |
| Emergence Capital Partners III Opportunity, L.P. | Opportunity fund | 2016 form d first sale | Harvest | $50.6M Mar 22, 2024 | 3 | $10.8M | Dec 16, 2016 |
| Emergence Capital Partners IV, L.P. | Fund | 2015 form d first sale | Harvest | $353M Mar 22, 2024 | 49 | $335M | Feb 11, 2015 |
| Emergence Capital Partners III, L.P. | Fund | unknown | Unknown | $669M Mar 22, 2024 | 41 | $0 of $200M | Jul 26, 2011 |
| Emergence Capital Partners II, L.P. | Fund | unknown | Unknown | $660M Mar 22, 2024 | 37 | unknown | unknown |
| Emergence Capital Partners, L.P. | Fund | unknown | Unknown | $4.5M Mar 22, 2024 | 28 | unknown | unknown |
| Emergence Capital Associates, L.P. | Fund | unknown | Unknown | $2.3M Mar 22, 2024 | 38 | unknown | unknown |
| Emergence Capital Partners SBIC, L.P. | Fund | unknown | Unknown | $1.9M Mar 22, 2024 | 3 | unknown | unknown |
| ETP Opportunity, L.P. | Opportunity fund | unknown | Fundraising | unknown | unknown | $0 | Apr 8, 2026 |
| Emergence Capital Partners VII, L.P. | Fund | unknown | Unknown | unknown | unknown | $0 | Oct 16, 2024 |
GAV is the gross asset value the adviser reported on Form ADV for the vehicle, never the fund’s committed size and never dry powder. Form D sold is the amount sold as of the latest filing, never a final close.
Investment team
35 current, 2 departed
Brian Jacobs
General partnerFounder + General Partner (Emeritus)
Gordon Phillips Ritter
General partnerPresident & General Partner · since Jun 1, 2021
Gordon Phillips Ritter
General partnerPresident & General Partner · since Jun 1, 2021
Gordon Ritter
General partnerFounder + General Partner
Jacob Harrison Saper
General partnerGeneral Partner · since Oct 1, 2020
Jacob Harrison Saper
General partnerGeneral Partner · since Oct 1, 2020
Jake Saper
General partnerGeneral Partner
Jason Green
General partnerFounder + General Partner (Emeritus)
Joe Floyd
General partnerGeneral Partner
Joseph Adair Floyd
General partnerGeneral Partner · since Oct 1, 2018
Joseph Adair Floyd
General partnerGeneral Partner · since Oct 1, 2018
Kevin Marshall Spain
General partnerSecretary & General Partner · since Jun 1, 2021
Kevin Marshall Spain
General partnerSecretary & General Partner · since Jun 1, 2021
Kevin Spain
General partnerGeneral Partner
Lotti Siniscalco
General partnerGeneral Partner
Santi Subotovsky
General partnerGeneral Partner
Santiago Federico Subotovsky
General partnerTreasurer & General Partner · since Jun 1, 2021
Santiago Federico Subotovsky
General partnerTreasurer & General Partner · since Jun 1, 2021
Joshua Kirkes
OtherHead of Technology and AI
Brian David Jacobs
PartnerRetired Partner · since Jan 1, 2016
Brian David Jacobs
PartnerRetired Partner · since Jan 1, 2016
Jason Eric Green
PartnerRetired Partner · since Jun 1, 2021
Jason Eric Green
PartnerRetired Partner · since Jun 1, 2021
Julie Bell
PartnerBoard Partner
Yaz El-Baba
PartnerPartner
Brie Bastidas
Platform and operationsDirector of Talent
Julie Diane Bell
Platform and operationsCoo · since May 1, 2021
Julie Diane Bell
Platform and operationsCoo · since May 1, 2021
Kristina Ann Landers
Platform and operationsCfo · since Mar 1, 2024
Kristy Landers
Platform and operationsChief Financial Officer
Patti Felin
Platform and operationsDirector of Operations
Sarah Codraro
Platform and operationsChief Marketing Officer
Tammy Han
Platform and operationsTalent Partner
David Dworsky
PrincipalPrincipal
Kyle Murphy
PrincipalPrincipal
2 departed (kept with end dates)
- Mary Catherine Minshall · Cao · Jan 1, 2017 to Mar 29, 2022 Inference
- David Andrew Singer · Cfo · Mar 1, 2019 to Mar 27, 2026 Fact
Investments on record
86 edges, 86 companies, 0 partner-attributed
“This investor” is the amount disclosed for this investor alone; it is unknown unless a source said it. The round size is the whole round.
Co-investors
40 relationships from shared deals, counted for the whole firm
Next Legacy Management, LLC 3 shared · recurringG Squared Equity LLC 3 shared · recurringScale Venture Partners 3 shared · recurring137 Ventures Management, LLC 3 shared · recurringThreshold 2 shared · recurringA.capital Ventures 2 shared · recurringNyca Management LLC 2 shared · recurringDCVC 2 shared · recurringU.S. Venture Partners 2 shared · recurringGolden Ventures 2 shared · recurringE14 Management, LLC 2 shared · recurringUnion Square Ventures 2 shared · recurringInstitutional Venture 2 shared · recurringSJF Management LLC 2 shared · recurringWebb Investment Network Management, LLC 2 shared · recurringFelicis Ventures 2 shared · recurringExceptional Capital, LLC 1 shared · one timeWalden Catalyst 1 shared · one timeKhosla Ventures, LLC 1 shared · one timeElsewhere Partners, LLC 1 shared · one timeAnthemis 1 shared · one timeLobster Capital, LLC 1 shared · one timeLUX Capital Management, LLC 1 shared · one timePathlight Management III, LLC 1 shared · one timeSilverton Management, L.L.C. 1 shared · one timeIcon Ventures 1 shared · one timeSapphire Ventures, LLC 1 shared · one timeJuniper Ventures Management, LLC 1 shared · one timeParadigm Operations LP 1 shared · one timeGrotech Management Company 1 shared · one timeCadenza 1 shared · one timeSpider Capital 1 shared · one timePoint Nine 1 shared · one timeM33 Growth LLC 1 shared · one timeAzure91 Management, LLC 1 shared · one timeOWL Ventures 1 shared · one timeSwan & Legend 1 shared · one timeValor Equity Partners 1 shared · one timeFirstmark Capital, LLC 1 shared · one timeHakluyt Capital Limited 1 shared · one time
Limited partners
0 disclosed
No LP commitment on record. An LP edge needs a public disclosure with a quote: a pension report (see Limited partners for the plans read), a fund announcement naming the LP, or a Form ADV owner. The fund page carries the LP’s reported performance.
Timeline
18 dated events
- Mar 27, 2026David Andrew Singer (Cfo) no longer on Schedule A of Emergence Equity Management, IncPerson leftPeopleInferenceDavid Andrew SingerIAPD Form ADV Part 1 PDF per firm (current filing, Schedule D 7.B.(1) and Schedule A)
- Mar 29, 2022Mary Catherine Minshall (Cao) no longer on Schedule A of Emergence Equity Management, Inc
- Mar 29, 2022Emergence Capital Partners VI, L.P. first reported on Form ADV by Emergence Equity Management, Inc (Venture Capital Fund), GAV $563,219,637Fund first reported on Form ADVFundsFactEmergence Capital Partners VI, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 29, 2022Emergence Capital Opportunity I, L.P. first reported on Form ADV by Emergence Equity Management, Inc (Venture Capital Fund), GAV $407,254,495Fund first reported on Form ADVFundsFactEmergence Capital Opportunity I, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- May 1, 2021Julie Diane Bell joined Schedule A of Emergence Equity Management, Inc as Coo
- Oct 1, 2020Jacob Harrison Saper joined Schedule A of Emergence Equity Management, Inc as General Partner
- Mar 29, 2019Emergence Capital Partners V, L.P. first reported on Form ADV by Emergence Equity Management, Inc (Venture Capital Fund), GAV $430,899,393Fund first reported on Form ADVFundsFactEmergence Capital Partners V, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 1, 2019David Andrew Singer joined Schedule A of Emergence Equity Management, Inc as Cfo
- Mar 28, 2017Emergence Capital Partners III Opportunity, L.P. first reported on Form ADV by Emergence Equity Management, Inc (Venture Capital Fund), GAV $10,744,050Fund first reported on Form ADVFundsFactEmergence Capital Partners III Opportunity, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Oct 1, 2016Joseph Adair Floyd joined Schedule A of Emergence Equity Management, Inc as General Partner
- Mar 23, 2016Emergence Capital Partners IV, L.P. first reported on Form ADV by Emergence Equity Management, Inc (Venture Capital Fund), GAV $332,435,287Fund first reported on Form ADVFundsFactEmergence Capital Partners IV, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Jul 1, 2014Santiago Federico Subotovsky joined Schedule A of Emergence Equity Management, Inc as General Partner
- Mar 28, 2012Emergence Capital Associates, L.P. first reported on Form ADV by Emergence Equity Management, Inc (Venture Capital Fund), GAV $31,472,264Fund first reported on Form ADVFundsFactEmergence Capital Associates, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 28, 2012Emergence Capital Partners, L.P. first reported on Form ADV by Emergence Equity Management, Inc (Venture Capital Fund), GAV $70,801,401Fund first reported on Form ADVFundsFactEmergence Capital Partners, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 28, 2012Emergence Capital Partners II, L.P. first reported on Form ADV by Emergence Equity Management, Inc (Venture Capital Fund), GAV $324,650,799Fund first reported on Form ADVFundsFactEmergence Capital Partners II, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 28, 2012Emergence Equity Management, Inc first filed Form ADV (ERA, venture capital fund adviser exemption)First SEC adviser filingOrganizationFactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 28, 2012Emergence Capital Partners SBIC, L.P. first reported on Form ADV by Emergence Equity Management, Inc (Venture Capital Fund), GAV $24,429,798Fund first reported on Form ADVFundsFactEmergence Capital Partners SBIC, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 28, 2012Emergence Capital Partners III, L.P. first reported on Form ADV by Emergence Equity Management, Inc (Venture Capital Fund), GAV $250,000,000Fund first reported on Form ADVFundsFactEmergence Capital Partners III, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Classification history
- Sep 12, 2026Multi-stage venture firm (confirmed, 95%, cls-1)both early and growth/opportunity families, reported GAV $3,234M
Evidence
56 observations from 4 sources