Market leaders in markets that matter

San Francisco, CA
Excited to partner with @withdavidai, the first audio data research lab, and support their mission of taking AI voice capabilities to new heights! @nvidia @jaltma @firstround @BoxGroup @lizwessel @grosen withdavid.ai/news/announcing…
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Meritech Capital retweeted
Incredible to watch @ClayRunHQ continue to execute at the highest level and build the AI revenue engine of the future. Congrats on the Series C milestone! @kareemamin @vxanand @CapitalG @jane_eliz_alex @SapphireVC @rajeevdham @MeritechCapital
Big news in the @nytimes today. @Clay_gtm just raised $100M at a $3.1B valuation to power today’s breakout AI-native job: GTM engineering 🚀 While some may debate which jobs AI will automate, we've been busy creating a new one that puts human creativity at the center. GTM engineers combine growth acumen with AI and automation to build revenue engines. We call it "engineering" because they work within certain parameters to build scaled systems—but instead of coding software, they're coding revenue. 𝗪𝗲 𝗳𝗶𝗿𝘀𝘁 𝗰𝗼𝗶𝗻𝗲𝗱 𝘁𝗵𝗶𝘀 𝗿𝗼𝗹𝗲 𝗶𝗻 𝟮𝟬𝟮𝟯. 𝗡𝗼𝘄 𝗶𝘁'𝘀 𝗲𝘀𝘀𝗲𝗻𝘁𝗶𝗮𝗹. 400+ GTME jobs were posted this spring at $160K median salaries. Companies like @Cursor_ai, @Webflow, and @lovable are structuring entire departments around this function. 𝗚𝗧𝗠 𝗲𝗻𝗴𝗶𝗻𝗲𝗲𝗿𝘀 can amplify 100 salespeople by automating research, signal tracking, and messaging so reps focus on actually selling. The career transformation stories are incredible: @ademoulin was fired as an SDR early in his career—after implementing Clay at Intercom, he went to President's Club this year. Umar Farooq Adam at Hitachi got promoted to a global role helping reps across hundreds of territories. Others are building million-dollar agencies: @pspychal went from $15k in credit card debt to running a $3M agency. @ENowoslawski went from a $120K salary to $3M in ARR. @MichaelLieben_ scaled from earning €36K to €6M/year. 100+ agencies are implementing GTM engineering systems for other companies. The global reach is extraordinary: From Warsaw to Manila, 60 Clay clubs are pioneering this profession. In Ukraine, organizers held Clay Club meetups despite war conditions, securing bomb shelter access for 50+ attendees. In Lahore, software engineers are pivoting to GTM engineering to earn better opportunities. Our 10,000+ customers including @OpenAI, @AnthropicAI, and @Cursor_ai are proving that AI can amplify human creativity rather than replacing it. Anthropic tripled their enrichment coverage. @VerkadaHQ generates thousands of personalized landing pages. Cursor tracks customer mentions across social platforms in real-time. Alphabet's @CapitalG led our Series C, joining @MeritechCapital, @Sequoia, @FirstRound, @BoxGroup, @boldstartvc, and @SapphireVC. This funding accelerates our mission to build the IDE for GTM. Just like Figma for designers or Cursor for developers. To our 𝗜𝗡𝗖𝗥𝗘𝗗𝗜𝗕𝗟𝗘 𝗖𝗢𝗠𝗠𝗨𝗡𝗜𝗧𝗬: this milestone belongs to you! You've turned our vision into a global movement creating real economic opportunity across continents. We're just getting started — we’ll be shipping better agentic experiences, massively upgrading all our existing features, and rep-facing tools in the future 😎 If you’re a GTM leader whose team is bogged down by manual research, slow campaigns, or data cleaning, more effort won’t fix things. You need better systems. GTM engineers are the people who build them. 𝗥𝗲𝗮𝗱 𝗼𝘂𝗿 𝗳𝘂𝗹𝗹 𝘀𝘁𝗼𝗿𝘆 → Link in comments
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We’re excited to support @owner on their mission to empower local businesses to take on their goliaths – with an all-in-one, AI-powered system to help drive profitable growth automatically. @adamguild @deanbloembergen @alexbard @jaltma @jasonlk meritechcapital.com/blog/own…
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Thrilled for our partnership with @Pennylane_tech. More in @atkurland's post below about why we’re so excited for the future of accounting and financial management alongside @Ar_Waller and the amazing team that is building this company!
1/ In just 5 years, @Pennylane_tech has built the dominant financial & accounting management software platform (core GL) in France. They are in a unique position to enable the accounting firms they serve, and in turn their end clients, to thrive in an AI-first world and modernize operations in the face of the vast eInvoicing reforms impacting so many European countries.
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We're excited to welcome @arshammem to Meritech as our newest General Partner! More below: meritechcapital.com/blog/wel…
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The deadline to submit for the seventh annual #AI50, the definitive list of the world’s most promising AI startups, is approaching on Mon, Feb 7, 2025. Submit your nomination below: Nomination Form: docs.google.com/forms/d/1wu8… Forbes Announcement: forbes.com/sites/rashishriva…
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Check out the market section presentation from @MeritechCapital's 2024 Annual Meeting. We cover the public and private markets and the opportunity in AI. Some of our favorite slides in this thread and link to full preso below: drive.google.com/file/d/1-FP…
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1/ We share observations about the current platform shift toward AI and its potential for disruption. Although, it’s never been a better time to be a market-leading public SaaS company. They are more valuable and efficient today than ever over the past decade. The top 10 median market cap and ARR multiples are below.
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Financial planning platform @OneStream_Soft ($OS) filed for an IPO, only the 2nd of 2024. Their IPO performance should be a barometer for application SaaS companies under $500M of ARR heading into the public markets. They’re at $480M of ARR growing over 30%—more about their IPO and some cool charts in the link below. Thanks Cathy, @danKnightNews1, and @amdecamillo. meritechcapital.com/blog/one…
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Thrilled to partner with @clayrunhq + support their mission of building the creative GTM tool for growing businesses. Clay has provided a ton of value to Meritech + our portfolio companies and we love the community that's formed around the platform. Congrats @kareemamin @vxanand
It’s AI for sales and marketing folks and I’m told it was a very competitive round to get access to. Sequoia-backed Clay is now valued at $500m bloomberg.com/news/articles/…
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We are thrilled co-lead @HuntressLabs Series D financing. We’ve been in awe of their growth from a highly robust EDR solution to a complete security platform that protects the SMEs that power our global economy. More here: bit.ly/4cuowSJ. @KyleHanslovan @chrisbisnett
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Given that the IPO window could open soon, we thought it was the right time to analyze what it might take for a SaaS company to go public in today’s market. Moreover, there is a narrative that a business must be close to $1B of ARR to go public. We believe that is no longer relevant. For businesses that are $250M+ in ARR, growing quickly and durably, and with strong margins, now is the time to start thinking about the public markets. There is precedent for “smaller” IPOs that were massively successful in companies like CrowdStrike, Datadog*, HubSpot, Shopify, and others. Importantly, deciding to IPO isn’t just about financial profile, so we’ve included questions management teams should ask themselves to help determine if they are ready for the public markets. meritechcapital.com/blog/202…
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Meritech Capital retweeted
Introducing Forbes’ sixth annual #ForbesAI50 list trib.al/rSXcyJ6
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Meritech Capital retweeted
Rubrik ($RBRK) is the first SaaS company to file for an IPO in 2024. $RBRK is an almost $800M ARR business growing almost 50% year-over-year, the fastest LTM ARR growth rate among all current public SaaS companies. A lot more here: meritechcapital.com/blog/rub…
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Due to overwhelming interest, the deadline to submit for the sixth annual #AI50, the definitive list of the world’s most promising AI startups, has been extended to 2/12! forbes.com/sites/kenrickcai/…
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The deadline to submit for the sixth annual #AI50, the definitive list of the world’s most promising AI startups, is rapidly approaching on Monday, February 5, 2024. Submit your nomination below! forbes.com/sites/kenrickcai/…
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We are delighted to open nominations for the 6th annual #ForbesAI50 alongside @Forbes and @sequoia, showcasing the world’s leading AI companies. Don’t miss this chance to show your AI company is best in class. Submissions are open now through February 5th: lnkd.in/d5SmyeKx
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