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How Sri Pangulur went from building his own syndicate to co-leading Mayfield's Series B investing practice
- Sri Pangulur started his own syndicate while working as a sales executive in Silicon Valley.
- Last year, he joined Mayfield to co-lead its Select/Spring Fund, targeting new Series B investments.
- He invested nearly $20 million in 65 companies, with a focus on enterprise infrastructure and apps.
- Pangulur met Mayfield Fund managing partner Navin Chaddha through investing and officially joined Mayfield as a partner in 2020.
- At Tribe, Pangulur built out the firm's software investing practice and led six deals.
- Mayfield first raised a $125 million Spring fund in 2016 to invest in its breakout portfolio companies for follow-on investments.
- Last year, Mayfield raised a Select III/Spring Fund of $375 million, aiming to focus the vast majority of its investments on new outside opportunities.
- Pangulur was brought in to co-lead the firm's Select/Spring fund with Chaddha.
- Earlier this month, Pangulur announced two new investments he led: a $25 million Series B for billing infrastructure startup Orb and a $28 million Series B for TeamBridge.
- Pangulur wants Mayfield to be one of the first calls that founders make when they're between being at inception early-stage and finding early elements of product-market fit and go-to-market repeatability.
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