At $15M ARR, I’d look less for a VC who has merely invested in public companies and more for a partner who has actually sat through the transition from private company → public company: board governance, audit/compensation committees, quarterly cadence, investor relations, and eventually public-market expectations.
My shortlist
- Bessemer Venture Partners — Byron Deeter.
Probably my first call if you're B2B SaaS/cloud. Deeter has an unusually deep public-company track record: his portfolio includes Twilio, DocuSign, Box, Instructure, Criteo, Cornerstone OnDemand, HashiCorp and ServiceTitan, among others. Bessemer says he has had 13 IPOs and counting and describes him as having led more cloud companies through IPOs than any other VC. Bessemer Venture Partners Bessemer Venture Partners
The particularly interesting angle for a $15M ARR company is that Bessemer has a dedicated growth practice, and Deeter has written extensively about scaling cloud companies from the $25M+ revenue range.
- Bessemer — Sameer Dholakia.
Another unusually strong fit if you want an operator rather than a traditional VC. Dholakia was CEO of SendGrid before joining Bessemer and had been a board member/operator through its growth and IPO journey. Bessemer specifically brought him in to co-lead growth investing in high-growth cloud companies approaching IPO.
- Benchmark — Peter Fenton.
A standout if you want someone who has actually dealt with public-company boards rather than just IPO financing. Fenton has served as a director through seven IPOs, including Twitter, Elastic, Hortonworks, New Relic, Zendesk, Zuora and Yelp. Wikipedia
For a $15M ARR business, I'd consider him particularly compelling if your ambition is to build a category-defining enterprise software company rather than simply optimize for an acquisition.
- Andreessen Horowitz — Scott Weiss.
Different profile: Weiss is a former founder/CEO (IronPort), which Cisco acquired for $830M, and subsequently became a16z GP. Wikipedia He brings substantially more operating experience than the typical VC partner, although I'd rank him below Deeter/Fenton specifically for public-company board experience.
How I'd prioritize them
If you're B2B SaaS/enterprise software, my initial outreach list would be:
- Byron Deeter — Bessemer
- Sameer Dholakia — Bessemer
- Peter Fenton — Benchmark
- Scott Weiss — a16z
The first two are especially interesting because you're at $15M ARR rather than $150M: they can potentially contribute now on scaling, executive hiring, GTM and board mechanics, while also having lived through the public-company end state. Deeter's portfolio alone gives him exposure to an unusually large number of software IPOs.
One important distinction: if you're looking for an independent director rather than a VC who joins your board as an investor, I'd actually widen the search beyond VC firms. At your size, a former public-company CEO/CFO or seasoned public-company director can sometimes be considerably more valuable than a VC partner—especially if you already have sufficient investor representation.
If you tell me your sector (e.g. SaaS, fintech, healthcare, consumer), growth rate, and whether this person would be an investor/director or an independent director, I can give you a 10–15 person target list of specific VC partners + the public companies they have actually governed, ranked for your situation.