Byron Deeter
VCPartner, Bessemer Venture Partners
Leading cloud and SaaS investor, 26 unicorn investments
Background
Byron Deeter is a Partner at Bessemer Venture Partners, which he joined in 2005 to lead the firm's global cloud practice. He co-authored Bessemer's '10 Laws of Cloud Computing' and the BVP Nasdaq Emerging Cloud Index. He began his venture career as CEO and founder of Trigo Technologies, an early SaaS company sold to IBM. He has 26 portfolio companies currently valued above $1 billion, including 13 IPOs. He is a past chairman of the NVCA and serves on the board of the U.S. Olympic and Paralympic Foundation.
Investment Thesis
Focuses on cloud infrastructure, AI, vertical SaaS, and frontier technology; seeks founder-led companies transforming large industries through software.
Investment Focus
Stages
Typical check: $5M–$30M (Series A/B)
Sectors
Based in: Menlo Park / San Francisco, USA (North America)
Notable Investments
Twilio
Led early financing 2010; NYSE: TWLO
Box
Enterprise content cloud; NYSE: BOX
DocuSign
NASDAQ: DOCU; e-signature leader
HashiCorp
NASDAQ: HCP; acquired by IBM
ServiceTitan
NASDAQ: TTAN; home services software
SendGrid
IPO 2017; acquired by Twilio
Gainsight
Customer success software; acquired by Vista Equity
Procore
Construction management software; NYSE: PCOR