Craig Sherman is a Partner and Managing Director at Meritech since 2011. Craig focuses primarily on digital media and consumer services. Craig has led the firm's investments in Evernote, Zulily, Lynda.com and Ariosa Diagnostics.
Prior to Meritech, Craig was Chief Executive Officer of Gaia Interactive, which he grew from a 1/2 million to over a 20 million monthly visitor pioneer in social games and online communities.
Prior to joining Gaia, Craig served as an Entrepreneur in Residence at Benchmark Capital.
Previously, Craig was Chief Operating Officer of Ancestry.com (ACOM), where he helped lead the company’s pivot from a free family social network to a family history subscription service and grew the company from under $10 million to $150 million in sales and from tens of millions in losses to tens of millions in profits.
Before Ancestry.com, Craig held senior positions at AIG: he was Head of Marketing and Internet for all of AIG's Japanese and Korean divisions totaling over $5 billion in sales; and the General Manager of AIG's property management software subsidiary, a $90 million sales company whose growth rate quadrupled during Craig's tenure.
Previous to AIG, Craig was Chief Executive Officer of Cendant Japan, a joint venture startup he founded with Cendant and Mitsubishi Corporation that he helped grow from inception to over $20 million in sales and profitability. Before that, Craig worked in product, marketing, finance and operations roles at Cendant during its growth from less than a $1 billion to over a $40 billion public company.
Craig has personally invested in over a dozen startups including Ancestry, SurveyMonkey, Zillow and Zipcar.
In addition, Craig has held independent board and advisory roles with Homestead (prior to its sale to Intuit), Kongregate (GameStop), Logoworks (Hewlett Packard), Netquote (BankRate), and Photobucket (Fox).
Craig graduated magna cum laude with A.B. degree in East Asian Studies from Princeton University.
Craig spends his 'free' time with his son and daughter - hiking, playing soccer, doing puzzles and even some musical theater. After they go to sleep, he loves to meditate and read classic (AKA “old”) novels.
Jan 1, 2011 - Current (over 5 years)
|Feb, 2015||GuideSpark||$22.2M / Series C (Lead)||Meritech Capital Partners|
|Jan, 2015||lynda.com||$186M / Series B||Meritech Capital Partners|
|Mar, 2014||Domo||undisclosed amount / Series D||Meritech Capital Partners|
|Mar, 2013||Rev||$4.5M / Series A||Personal Investment|
|Jan, 2013||lynda.com||$103M / Series A||Meritech Capital Partners|
|May, 2012||Evernote||$70M / Series D (Lead)||Meritech Capital Partners|
|Feb, 2012||VULCUN||$1.3M / Seed||Personal Investment|
|Jan, 2012||Ariosa Diagnostics, Inc.||$52.7M / Series C (Lead)||Meritech Capital Partners|
|Aug, 2011||zulily||$43M / Series C (Lead)||Meritech Capital Partners|
|Dec, 2010||Zipcar||$21M / Series G (Lead)||Meritech Capital Partners|
|Oct, 2010||SocialShield||$10M / Series A||Personal Investment|
|Jun, 2007||Scribd||$3.71M / Series A||Personal Investment|
|Mar, 2007||Gaia Interactive||$12M / Series B||Benchmark|
|Nov, 2006||Zipcar||$25M / Venture||Benchmark|
|Jun, 2006||Gaia Interactive||$8.93M / Series A||Benchmark|
|Jan, 2005||Zipcar||$10M / Series D (Lead)||Benchmark|
A.B., East Asian Studies1991
|Feb 24, 2015||TechCrunch - GuideSpark Raises $22.2M To Create Customized Videos That Make HR Less Tedious And Confusing|
|Jun 21, 2013||The Next Web - Japan's DeNA Names Advisory Board|
|Mar 26, 2013||TechCrunch - Founded By Early oDesk Employees, Freelancer Marketplace Rev.com Raises $4.5 Million Series A|
|Mar 26, 2013||FinSMEs - FinSMEs|
|Mar 26, 2013||Venture Beat - Rev raises $4.5M for freelance marketplace from founders of similar service|
|Jan 17, 2012||TechCrunch - Founded By Early oDesk Employees, Freelancer Marketplace Rev.com Raises $4.5 Million Series A|
|Jan 17, 2012||TechCrunch - Bionic Panda Builds A Social Gaming Business On Android, Raises Funding From Top Investors|
|Nov 7, 2011||TechCrunch - Luxury Car-Sharing Service HiGear Launches “Swap Club,” Allows Vehicle Owners To Trade Cars|