Smith Point Capital Management

Smith Point Capital Management, LLC is an operator-led venture capital firm that brings deep executive experience and a hands-on approach to investing in enterprise software companies. Founded in 2022 by Keith Block, the former Co-CEO of Salesforce, along with Burke Norton and Chris Lytle, the firm focuses on supporting growth-stage companies that are transforming the intelligent enterprise ecosystem. Their strategy combines operational insight with strategic capital to foster scalable and resilient businesses.

The firm’s investment thesis centers on the convergence of data, AI, edge computing, and precision applications. Smith Point Capital typically invests between $20 million and $30 million per company, targeting businesses that demonstrate high-growth potential and mission-critical solutions. By leveraging a powerful network of executives and advisors, the firm provides its portfolio companies with active guidance, helping them accelerate go-to-market strategies and operational excellence.

Smith Point Capital launched its debut fund in 2023 with a $400 million target and has attracted a strong base of limited partners, including ServiceNow and high-profile family offices. With offices in San Francisco, Boston, and New York, the firm is strategically positioned to engage with leading tech hubs across the United States. Its mission is to back category-defining software companies and help them become market leaders in the intelligent enterprise era.