US-based venture capital firm US Venture Partners (USVP) has hired Matthew Garratt, who was a senior vice president and managing partner of enterprise software provider Salesforce’s corporate venturing arm, Salesforce Ventures.
Garratt has taken up a general partner role at USVP, which targets startups operating in a range of sectors from cybersecurity to healthcare.
Using his experience from Salesforce Ventures, Garratt will help USVP make enterprise software investments in the IT sector, focusing on software-as-a-service (SaaS) and artificial intelligence technology developers.
Garratt began working for Salesforce in 2013 as senior director of corporate development before joining Salesforce Ventures almost two years later.
During his time at Salesforce Ventures, Global Corporate Venturing included Garratt in the 2016 Rising Stars list.
Garratt left Salesforce in June 2021 and joined VC firm CRV as a general partner, a position he held for a year and seven months.
Formed in 2009, Salesforce Ventures invests in cloud-based and SaaS startups, having backed more than 400 companies and scored about 140 exits.
Regarding his new job, Garratt said in a statement: “At USVP, I’m looking forward to working with enterprise software founders and applying my experience from Salesforce to help companies hire the best talent and grow and scale their businesses.”