Emergence Capital, a San Mateo, CA-based enterprise cloud venture capital firm, announced promotions and an addition to its team.
The firm promoted Joe Floyd to Partner and Jake Saper to Principal and is hiring new team member Kara Egan as Senior Associate.
Joe Floyd led the firm’s investment in project44 and has been actively involved in portfolio companies including SalesLoft, Betterworks, Bill.com and Replicon. Prior to joining Emergence, he worked at American Capital’s technology group, where he focused on investing in internet and software companies. Previously Floyd was an Associate with McKinsey & Co.
He earned his MBA from The Wharton School and a BS and BA from the University of California, Berkeley. Floyd is also a Kauffman Fellow.
Jake Saper was promoted from Senior Associate to Principal at Emergence. He has been actively involved with portfolio companies Comfy, DroneDeploy, and Augmedix, among others.
Prior to joining Emergence, Saper worked at Kleiner Perkins’ Green Growth Fund, where he focused on the geospatial, agricultural tech, and enterprise SaaS sectors. Saper is also a Kauffman Fellow.
Prior to joining Emergence, Kara Egan ran product marketing for Stitch Labs, led Zendesk’s partner and product marketing efforts for their expansion into the enterprise market, and built Backupify’s reseller channel program. Before moving to the operating side, she was the founding Associate at .406 Ventures, driving the initial investments in SaaS, health IT, and security companies. Egan earned her MBA from The Wharton School and her BS in Management Science and Engineering from Stanford.