Sutter Hill Ventures
755 Page Mill Rd Ste A200, Palo Alto, CA, 94304, United States
Overview
Sutter Hill Ventures has financed technology-based start-ups and assisted entrepreneurs in building companies since 1962. Through their decades of experience, they have developed strong industry networks, considerable operating and venture capital experience, and an understanding of the challenges that early-stage and high-growth companies face. They offer expertise in developing business strategies and partnerships, building management teams, and financing companies in both public and private markets. They have experienced operating executives who love building companies. Their approach is straightforward. They have a collegial and uncomplicated operating style that is direct and results-driven. They work as a team to respond quickly to new investment proposals and to their portfolio companies needs. Once they invest in a company, they bring to bear their time, expertise, and extensive industry networks to help these companies succeed. Building companies is their top priority and their favorite occupation. They have structured Sutter Hill to allow them to invest in a focused portfolio of early-stage companies and build value for the long term. They are always available to their CEOs and founders as advisors and mentors ready with practical and strategic advice from their own venture capital and operating experiences. They don't insist on winning every argument, but they will always tell you what they think. They also have a network of executives, advisors, and support infrastructure to help their portfolio get going in the right direction quickly. As former line managers themselves, they know the vision, energy, and commitment that building a successful company requires. They strive to build partnerships with entrepreneurs that combine dedicated support from Sutter Hill with trust that the teams they back can make good decisions and execute on the details. Their limited partners have committed long-term support to their evergreen fund which allows them to make long-term commitments to their companies. In addition, a significant portion of every dollar they invest in their own money, and each one of them participates in every investment. This direct investment reinforces each partner's commitment to every company in their portfolio and ensures that they bring every available resource to bear in helping their companies succeed.
- Total investments
- 175
- Lead investments
- 52
- Investments · 12mo
- 10
- Active investors
- 9
Sector focus
- Business Development
- Finance
- Financial Services
- Venture Capital
Investment portfolio
- Sila
Led · Equity · Jul 2026
Sila develops silicon-carbon anode material that can store up to 40% more energy and charge faster than traditional graphite anodes. The company has spent roughly 15 years developing the material and began production at its Moses Lake, Washington plant in September with an initial capacity of up to 2 GWh. The announced financing will expand that factory to produce tens of gigawatt-hours per year, enough to serve more than 100,000 electric vehicles annually. Sila has supply agreements or announced deals with customers including Mercedes and Panasonic and sells to consumer electronics companies such as Whoop as well as drone and satellite manufacturers. The company has previously raised about $1.3 billion across prior funding rounds. Its founder and CEO is Gene Berdichevsky, a former early Tesla employee.
- AttoTude
Participated · Series C · Jun 2026
AttoTude is developing a next-generation interconnect platform that combines advanced ASIC signal generation with low-loss dielectric waveguides to enable per-lane data rates of 200G, 400G, and 800G. The company positions its ASIC over Dielectric architecture as a mid-range connectivity solution that aims to overcome limitations of conventional copper interconnects while avoiding some cost, power, and complexity challenges associated with optical technologies. AttoTude plans to transition its technology from discovery to product development, with first product demonstrations slated for this fall and work underway to build prototypes and a scalable supply chain. Financially, the company has raised $52 million in Series C funding, bringing its total funding to $143 million. AttoTude was founded by Dave Welch and Joy Laskar and is headquartered in Menlo Park, California.
- Sigma Computing
Participated · Series E · May 2026
Sigma is built on the cloud data warehouse and provides a governed workspace that supports a spreadsheet interface, SQL, Python, and native AI to let teams explore live data, build applications, and automate workflows without moving data. The company emphasizes secure, warehouse-native architecture and has launched products including Sigma Agents (no-code agents), Sigma Assistant (an AI copilot), Sigma Data Modeling Skills for AI Agents, and the Sigma MCP Server for governed answers into AI chat assistants. Sigma reported strong financial momentum, surpassing $200 million in ARR in April 2026, achieving 100%+ year-over-year growth in the latest fiscal year, and adding over 1.1 million new active users in that period. It serves more than 2,000 customers worldwide, including large enterprises and AI innovators. The announcement originated from Sigma's San Francisco office and framed the company as driving adoption of agentic analytics and AI workflows while emphasizing governance, reliability, and security.
- Gridcare
Led · Series A · May 2026
GridCARE develops the Energize platform, which uses physics-based AI models to evaluate grid conditions—congestion, outages, weather, and demand fluctuations—in real time to locate underutilized power capacity. The company positions this approach as a way to shorten interconnection timelines for large data centers and AI facilities from years to months by unlocking existing grid capacity. GridCARE reports active projects across more than a dozen markets representing over 2 gigawatts of prospective AI compute capacity and cites a Portland General Electric collaboration that identified a pathway to unlock more than 400 megawatts with 80 megawatts expected online in 2026. Co-founder and CTO Ram Rajagopal is a Stanford professor on leave, and the company emphasizes working collaboratively with utilities. GridCARE frames the market opportunity around a “Time-to-Energize Crisis,” arguing power availability is a growing bottleneck for AI expansion. Financially, the company recently raised a $64 million Series A in an oversubscribed round that materially increased its valuation versus a round less than a year earlier.
- Fathom Therapeutics
Led · Series A · Apr 2026
Fathom Therapeutics develops Microcosmos, a drug design engine that uses proprietary physics-based algorithms and AI to simulate protein dynamics at atomic resolution and enable generative design of small molecules. The platform reportedly accelerates modeling of protein dynamics by 10,000x without compromising accuracy and produces data intended to translate quantum mechanical calculations to measurable cellular outcomes. Microcosmos has guided discovery and optimization across multiple target classes and modalities, including rapid generation of novel degraders that are being optimized for clinical advancement. Fathom has an active internal pipeline, multiple external discovery partnerships, and its lead program has progressed into animal efficacy studies. The company was founded by researchers behind the Anton supercomputer and widely used protein–drug binding software, and its leadership team has collectively advanced 19 drugs to the clinic, including seven FDA-approved medicines. Fathom is headquartered in New York and maintains a second office in Boston.