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SaaS

A new golden age for SaaS.

Overview

Greylock has a rich history investing in software applications and partnering with founders on their distribution models — from tops-down enterprise sales to product- and community-led playbooks. Across every industry vertical, applications are becoming smarter, more approachable, and easier to integrate — with deeper workflows and proprietary data forming the foundation for tomorrow’s system-of-record companies. And with a new wave of LLM-based applications, SaaS companies have a generational opportunity to revamp verticals that have yet to be touched by software.

We are currently focused on investing in horizontal and vertical software.

dylan field
Dylan Field // Figma

Design Together

CEO Dylan Field co-founded Figma based on a simple, yet powerful insight: design is at the center of modern work, but design tools hadn’t evolved for more than three decades. While documents, spreadsheets, engineering and more had all become collaborative, designer tools were still in the dark ages when it came to working together and across teams. Figma provides a better way for product teams to design, prototype and collaborate, all in the browser. Greylock led the series A in Figma in 2015, and today the product is used by thousands of enterprise companies like Airbnb, Goldman Sachs, Google, Microsoft, NYT, Spotify, Uber and more.

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aneel bhusri
Aneel Bhusri // Workday

Enterprise Cloud Applications for Finance and HR

In 2005, Aneel Bhusri and Dave Duffield met for brunch at the Jax Truckee Diner. They decided to form a company that would sell cloud-based applications for finance and HR, which became known as Workday. Greylock partnered with the co-founders from day one, and in 2012, Workday (NASDAQ: WDAY) went public. Today, the company is a leading provider of enterprise cloud applications, delivering financial management, human capital management, planning, and analytics applications designed for the world’s largest companies, educational institutions, and government agencies.

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figma logo

Figma is a design platform for teams who build products together.

Figma is a design platform for teams who build products together. Born on the Web, Figma helps the entire product team create, test, and ship better designs, faster.
On a mission to make design accessible to all, Figma is helping companies like Microsoft, Google, and Slack redesign how they design. Whether you’re trying to consolidate tools, get more eyes on your work, or collaborate across time zones, Figma boosts creative productivity while keeping everyone on the same page.

DOMAIN

SaaS

FIRST PARTNERED

Series A

CURRENT STATUS

Active

INVESTORS

Reid Hoffman, John Lilly

LEADERSHIP

Dylan Field, CEO & Co-Founder

HQ

San Francisco, CA | USA

Workday Logo

HR financial and payroll software in the cloud.

Workday is a leading provider of enterprise cloud applications for finance and human resources. Founded in 2005, Workday delivers financial management, human capital management, planning, and analytics applications designed for the world’s largest companies, educational institutions, and government agencies. Organizations ranging from medium-sized businesses to Fortune 50 enterprises have selected Workday.

DOMAIN

SaaS

FIRST PARTNERED

Seed

CURRENT STATUS

Public

INVESTORS

Aneel Bhusri

LEADERSHIP

Aneel Bhusri, CEO & Co-Founder

Dave Duffield, Chairman & Co-Founder

HQ

Pleasanton, CA | USA

Vertical SaaS

AI-infused software solutions for specific industries.

Blend Logo

Consumer lending technology platform.

Blend stands for better lending. We’re transforming the $40+ trillion consumer lending industry by creating a fast and simple approach to getting mortgages, consumer loans, and deposit accounts. Our Digital Lending Platform helps financial institutions increase productivity, deepen customer relationships, and deliver exceptional customer experiences. With Blend’s technology, lenders can make the journey from application to close fast and easy for consumers anytime, anywhere.

DOMAIN

Fintech & Crypto, SaaS

FIRST PARTNERED

Series D

CURRENT STATUS

Public

INVESTORS

Jerry Chen

LEADERSHIP

Nima Ghamsari, CEO

HQ

San Francisco, CA | USA

Lyra Logo

Transforming mental health care.

Lyra helps companies improve access to effective, high-quality mental health care for their employees and their families. With Lyra’s digital care platform and elite network of coaches, therapists, and psychiatrists, finding care is easier, more personalized, and more effective. Lyra has raised more than $170 million and works with large employers, such as Starbucks, uber, Amgen, LinkedIn, and Fortune 500 companies to support more than 1 million members nationwide.

DOMAIN

Marketplace & Commerce, SaaS

FIRST PARTNERED

Seed

CURRENT STATUS

Active

INVESTORS

James Slavet

LEADERSHIP

David Ebersman, CEO & Co-Founder

HQ

Burlingame, CA | USA

notable logo

Artificial intelligence automating and structuring every physician-patient interaction.

As health care shifted from paper to digital, administrative overhead grew to 8x that of any other industry – plagued by clicks, manual tasks, error prone workflows, and systems that don’t interoperate. Notable helps forward thinking health organizations automate from the front desk to the back office, using digital assistants and intelligent automation.

DOMAIN

AI, SaaS

FIRST PARTNERED

Seed

CURRENT STATUS

Active

INVESTORS

Jerry Chen

LEADERSHIP

Pranay Kapadia, Co-Founder and CEO

Adam Ting, Co-Founder and CPO

Justin White, Co-Founder and CTO

HQ

San Mateo, CA | USA

Pepper Logo

The eCommerce platform for food distributors.

Pepper is the eCommerce platform for food distributors. Thousands of restaurants, grocery stores, and convenience stores, across N. America, order from their distributors on an ordering system that’s powered by Pepper. On average, food distributors using Pepper see 14% sales growth and 77% reduction in order entry time.

DOMAIN

Marketplace & Commerce, SaaS

FIRST PARTNERED

Seed

CURRENT STATUS

Active

INVESTORS

Mike Duboe

LEADERSHIP

Bowie Cheung, Co-Founder

Chetan Narain, Co-Founder

Ivana Tesanovic, Co-Founder

HQ

New York City, NY | Remote

Productivity & Collaboration

Work is dynamic, cross-team input is common, and integration throughout the stack is the expectation.

coda logo

Coda is a new doc for teams.

Coda is a new doc for teams. It starts with a blank canvas and a blinking cursor and comes with a new set of building blocksーlike tables that talk to each other, buttons that take action outside your doc, and sectionsーso you have infinite room to grow your ideas.

DOMAIN

AI, SaaS

FIRST PARTNERED

Series A

CURRENT STATUS

Active

INVESTORS

Reid Hoffman

LEADERSHIP

Shishir Mehrotra, CEO & Co-Founder

Alex DeNeui, VP of Engineering & Co-Founder

HQ

Mountain View, CA | USA

dropbox logo

Your life's work wherever.

Dropbox is building the world’s first smart workspace. We believe there’s a more enlightened way to work. Dropbox helps people be organized, stay focused, and get in sync with their teams.

DOMAIN

SaaS

FIRST PARTNERED

Series B

CURRENT STATUS

Public

INVESTORS

John Lilly

LEADERSHIP

Drew Houston, CEO & Co-Founder

Arash Ferdowsi, CTO & Co-Founder

HQ

San Francisco, CA | USA

figma logo

Figma is a design platform for teams who build products together.

Figma is a design platform for teams who build products together. Born on the Web, Figma helps the entire product team create, test, and ship better designs, faster.
On a mission to make design accessible to all, Figma is helping companies like Microsoft, Google, and Slack redesign how they design. Whether you’re trying to consolidate tools, get more eyes on your work, or collaborate across time zones, Figma boosts creative productivity while keeping everyone on the same page.

DOMAIN

SaaS

FIRST PARTNERED

Series A

CURRENT STATUS

Active

INVESTORS

Reid Hoffman, John Lilly

LEADERSHIP

Dylan Field, CEO & Co-Founder

HQ

San Francisco, CA | USA

Quip Logo

The modern productivity suite.

DOMAIN

SaaS

FIRST PARTNERED

Series A

CURRENT STATUS

Acquired

INVESTORS

John Lilly

LEADERSHIP

Bret Taylor, CEO & Co-Founder

Kevin Gibbs, Head of Engineering & Co-Founder

HQ

San Francisco, CA | USA

Tome Logo

The modern storytelling tool for work.

Tome is built for people to express themselves intuitively so they can stop designing slides and start sharing ideas. It helps you convey complex thoughts in a precise and engaging way, both on mobile and desktop. It pulls in data directly from the source to help build a more persuasive narrative. Team collaboration is made easy no matter where you are with annotations and native video recording.

DOMAIN

AI, SaaS

FIRST PARTNERED

Seed

CURRENT STATUS

Active

INVESTORS

Reid Hoffman, Seth Rosenberg

LEADERSHIP

Keith Peiris, CEO & co-founder

Henri Liriani, CPO & co-founder

HQ

San Francisco, CA

Application Software

Next generation systems-of-record companies for mission critical information.

Builderio Logo

Headless no-code platform.

Builder.io is a drag and drop visual builder that works with any site, app, and ecommerce store. It enables digital teams — ecommerce, product, marketing, growth — to move faster by breaking free from constantly relying on developers.

DOMAIN

Infrastructure, Marketplace & Commerce, SaaS

FIRST PARTNERED

Seed

CURRENT STATUS

Active

INVESTORS

Mike Duboe, Corinne Riley

LEADERSHIP

Steve Sewell, Co-Founder & CEO

Brent Locks, Co-Founder & COO

HQ

Distributed

cresta logo

Generative AI for contact centers

Cresta is an early-stage enterprise AI startup with the mission of enabling everyone to start as an expert on their first day on the job. Spun out of the Stanford AI lab and chaired by Google-X founder Sebastian Thrun, Cresta brings together industry-leading AI experts, proven leadership, and top-tier investors including Greylock Partners, Andreessen Horowitz, Andy Bechtolsheim, and Mark Leslie. We are in production at multiple Fortune 500 companies and are training on millions of dialog conversations.

DOMAIN

AI, SaaS

FIRST PARTNERED

Series A

CURRENT STATUS

Active

INVESTORS

Saam Motamedi

LEADERSHIP

Ping Wu, CEO

Tim Shi, CTO and Co-founder

Sebastian Thrun, Chairman and Co-founder

HQ

San Francisco, CA | USA

gladly logo

Reinventing customer service for the 21st century.

Gladly is a radically personal customer service platform. Unlike legacy customer service platforms that are case centric, only Gladly is designed with people at the center and uniquely enables a single lifelong customer conversation from voice to modern messaging. Gladly powers some of the most innovative consumer companies like JetBlue, Porsche, Tory Burch, JOANN, and TUMI to deliver exceptional customer experiences and makes customer service a competitive advantage

DOMAIN

SaaS

FIRST PARTNERED

Series A

CURRENT STATUS

Active

INVESTORS

Joseph Ansanelli, Jerry Chen

LEADERSHIP

Joseph Ansanelli, CEO & Co-Founder

Michael Wolfe, VP Products & Co-Founder

Dirk Kessler, Principal Engineer & Co-Founder

HQ

San Francisco, CA | USA

Postscript Logo

SMS marketing for growing Shopify stores.

Postscript is the leading ecommerce SMS platform that enables brands to communicate and engage with customers through text message marketing. Built to connect directly with Shopify and Shopify Plus merchants, Postscript provides technology for brands to segment lists, create deep data flows, and respect the inbox of consumers.

DOMAIN

Marketplace & Commerce, SaaS

FIRST PARTNERED

Series B

CURRENT STATUS

Active

INVESTORS

Mike Duboe

LEADERSHIP

Adam Turner, CEO

Colin Turner, COO

Alex Beller, President

HQ

Postscript is a fully remote company.

servicenow Logo

ServiceNow digital workflows let employees work the way they want to, not how software dictates they have to.

DOMAIN

Infrastructure

FIRST PARTNERED

Common Stock

CURRENT STATUS

Public

INVESTORS

Aneel Bhusri

LEADERSHIP

Bill McDermott, Chairman & CEO

HQ

Santa Clara, CA

Workday Logo

HR financial and payroll software in the cloud.

Workday is a leading provider of enterprise cloud applications for finance and human resources. Founded in 2005, Workday delivers financial management, human capital management, planning, and analytics applications designed for the world’s largest companies, educational institutions, and government agencies. Organizations ranging from medium-sized businesses to Fortune 50 enterprises have selected Workday.

DOMAIN

SaaS

FIRST PARTNERED

Seed

CURRENT STATUS

Public

INVESTORS

Aneel Bhusri

LEADERSHIP

Aneel Bhusri, CEO & Co-Founder

Dave Duffield, Chairman & Co-Founder

HQ

Pleasanton, CA | USA

Investors

Jacob Andreou

link

Asheem Chandna

link

Jerry Chen

link

Mike Duboe

link

Reid Hoffman

link

Christine Kim

link

Saam Motamedi

link

Corinne Riley

link

Seth Rosenberg

link

Insights

View All

The Rise of Headless Commerce

Unbundling the ECommerce Ecosystem

link

Searching with Purpose

A Toolset for Modern Recruiting

link

Persuasion Through Stories

Our Investment in Tome

link

Learn more about open roles at Greylock-backed SaaS companies.

View Jobs
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