Emergence Capital Partners
Emergence Capital Partners last closed a fund in October 2024 — 25 months ago. By its own rhythm, that is inside the window where it usually raises again.
Emergence Capital Partners has raised 5 times about every 29 months. The last was Emergence Capital Partners VII, L.P. That points to Mar 2027 — it is inside its window now.
Historically about 1 in 4 firms in this position filed within a year. The month is approximate — how often this is right.
Mid-cycle This firm is far enough into its last fund to be investing, and too early to be raising again.
- Funds on file
- 6
- Capital raised
- $1.56B+
- Latest close
- October 2024
- Based in
- CA
Vehicles on file
| Vehicle | First close | Amount | Filings |
|---|---|---|---|
| Emergence Capital Partners VII, L.P. | October 2024 | not stated | 0002040488 ↗ |
| Emergence Capital Partners VI, L.P. | April 2021 | $576M | 0001858907 ↗ |
| Emergence Capital Partners V, L.P. | May 2018 | $435M | 0001740972 ↗ |
| Emergence Capital Partners III Opportunity, L.P. | December 2016 | $11M | 0001691097 ↗ |
| EMERGENCE CAPITAL PARTNERS IV, L.P. | January 2015 | $335M | 0001630662 ↗ |
| Emergence Capital Partners III, L.P. | — | $200M | 0001526541 ↗ |
1 of these filed no amount (an “Indefinite” offering), so the total above is a floor.
Dated from filing date; no date of first sale was reported.
Each row links to that vehicle’s Form D filings on EDGAR — the name, date and amount above should match what is filed there.
What Emergence Capital Partners invests in
- Typical fund
- $335M median, multistage
- Says it invests in
- enterprise/SaaS · AI
- Says it invests at
- Series A
- Website
- emcap.com
Sector and stage are quoted from the firm’s own website, not inferred, and dated.
Service providers
- Fund administrator
- None reported — the adviser answered “no administrator” for 5 of 5 funds
- Auditor
- BDO (5 funds)
From Form ADV filed by EMERGENCE EQUITY MANAGEMENT, INC CRD 161547 ↗, latest filing March 2026, covering 5 funds linked to this firm by Form D file number. Form ADV is filed once a year, so a provider may have changed since. How this is matched.
What this is. Every figure on this page comes from Form D filings with the U.S. Securities and Exchange Commission — public records, reproduced here as filed. Service providers, where shown, come from the adviser’s Form ADV and are dated.
What it is not. Single-deal SPVs, feeder vehicles and GP or employee commitment funds are listed but excluded from fund counts and capital totals: an SPV is one investment, a feeder holds the same capital as its master, and a “Principals” or “Entrepreneurs” fund closes alongside a main fund rather than being raised in its own right. Capital deployed from a family office, a corporate balance sheet or an evergreen structure never arrives as a fund close, so a firm doing that looks quiet here. Amounts are as of the last amendment and go stale. Dates are the date of first sale — a fund's first close, not its final one. Funds filed as “Indefinite” are excluded from totals rather than counted as zero, so a total is a floor.
“No recent fund” is a statement about filings. It is not a statement about whether a firm is solvent, investing, or still in business.