Emergence focuses on investments in technology-enabled services companies. These businesses use technology internally to deliver a service-based value proposition to their customers. The technology-enabled services business model has become pervasive in a number of different markets including business applications (SaaS), digital media, mobile, and information services.
Emergence emphasizes investments in early and growth stage companies. We strive to play an active role on the boards of the companies we invest in—and feel that our focused approach to investing uniquely enables us to add value.
Leading VC firm focused on early- and growth-stage technology-enabled services companies
Salesforce.com (CRM), SuccessFactors (SFSF), HireRight (HIRE), Box.net, Yammer, Veeva, Insideview
Valuative is a fantastic tool for helping venture firms structure new investments and evaluate follow on options—particularly in situations with complex capital structures. Valuative replaces complicated, single-use spreadsheet-based models that are time consuming to build and inherently error-prone.
We use Valuative to both structure new investments and to evaluate follow-on investments. What makes Valuative useful to us is simply the fact that it’s so easy to model complex capital structures and understand their impact. The whole tool is killer!
One of our portfolio companies was raising a later-stage round and received several term sheets that had complex features. Evaluating the company’s many alternatives was challenging. We used Valuative to help us (and the company’s other investors) more easily understand the tradeoffs between the various term sheets.
Had we not had Valuative, we would have spent the time to model it in Excel. But it’s really helpful to have a solution like Valuative that allows us to very quickly iterate and see impact of new structures, which is far more painful to do in Excel.