Paul Levine
Partner at Sapphire Ventures
Palo Alto, California
Overview
Work Experience
Board Observer
2024 - Current
EliseAI develops conversational AI for property management, unlocking operational efficiencies for businesses.
Raised $141,928,985.00 from Sapphire Ventures, Koch Investments Group, Navitas Capital, DivcoWest and Point72 Ventures.
Partner
2018
I'm partner at Sapphire Ventures, where I invest in and support innovative growth-stage companies in SMB/vertical SaaS, fintech, and proptech. At Sapphire I'm on the board of Side, Restream, Degreed, and Collectly, and have led/am active in our investments in AvidXchange (NASDAQ: AVDX), Current, Gorgias, Mercury, Podium, Splashtop, and Tonal. Prior to Sapphire, as Trulia’s President and COO, I helped lead Trulia’s growth from a private 100-person company with $20 million in revenue, through a successful IPO, to Trulia's eventual $3.5b acquisition by Zillow, creating a company with more than 3,000 employees, $1 billion in revenue and $10b billion in market cap. I've experienced first-hand all the ups and downs of startup life, and am an empathetic supporter of CEOs as they navigate hyper-growth. Sapphire is a growth-stage VC firm with ~$10 billion under management. We invest in "companies of consequence" including Square, Transferwise, Monday.com, Docusign, Looker, LinkedIn, Segment, Auth0, Box, and 23&Me.
Sapphire is a global software venture capital firm backing companies of consequence.
Board of Directors
2023
Collectly helps healthcare organizations increase collections, automate billing operations, and elevate the patient financial experience.
Raised $33,900,000.00 from Y Combinator, CABRA VC, Davidovs Venture Collective, Sapphire Ventures, Burst Capital and Wayfinder Ventures.
Board of Directors
2023
Degreed is an upskilling platform where individuals and organizations can discover content, build skills, and certify expertise.
Raised $462,741,463.00 from Dragon Capital and Mighty Capital.
Board of Directors
2019
Side is the only real estate brokerage platform empowering the very best agents, teams & indies to create and grow their own companies.
Raised $263,500,000.00 from Parker89, ICONIQ Growth, Tiger Global Management, Scale-Up and D1 Capital Partners.
Board Of Directors
2020
Investor
2021
Investor
2021
Tonal is a smart home gym that uses artificial intelligence and coaching to provide strength training.
Raised $580,000,000.00 from Cobalt Capital, Kindred Ventures, Dragoneer Investment Group, Transformational Healthcare, Team Builder Ventures and L Catterton.
Investor
2020
AvidXchange is a provider of accounts payable automation software and payment solutions for middle market businesses and their suppliers.
Investor
2020
Current is a premier U.S. fintech platform dedicated to empowering Americans in their pursuit of a brighter financial future.
Raised $402,400,000.00 from Tiger Global Management, Expa, Wellington Management, Elizabeth Street Ventures, Avenir, Invus Opportunities, Andreessen Horowitz, Foundation Capital, TQ Ventures and Sapphire Ventures.