SAIF
Growth equityBeijing · Seed–Growth
Find your way into SAIF
Investment thesis
SAIF emphasizes local, long-term partnership with entrepreneurs across the Asia Pacific region, positioning itself as an active lead investor. It focuses on growth investing, backing established sector leaders in fast-growing markets, emerging industry leaders, and cross-border opportunities that leverage comparative advantages between countries. The firm generally seeks cash-flow-positive market leaders but will also fund promising early-stage companies with strong competitive advantages that help define new spaces. It opportunistically invests in undervalued publicly-listed companies and special situations, following a disciplined, value-based approach. SAIF typically takes significant minority stakes and board seats to work closely with management on value creation, drawing on a blend of international experience and local knowledge in China.
Source: firm website, verified Aug 6, 2026.
What they invest in
from 1 of 1 portfolio companiesAI & Machine Learning ×1Developer Tools ×1Enterprise Software ×1
HQs:United States×1
Investments · 1 tracked
founders shown can be your intro path
Theorem.dev provides verified software engineering through lf-lean, an AI-powered translation tool that converts formal mathematical proofs from Rocq to Lean significantly faster than manual translation.
AI & Machine LearningDeveloper ToolsEnterprise SoftwareSan Francisco, US
Jason Gross(Founder)inRajashree Agrawal(Founder)in
Co-investorsY CombinatorHalcyonKhosla Ventures
Portfolio news
latest coverage across their companies
Theorem · radicaldatascience.wordpress.com · Jan 27, 2026
Fund performance · per public LP disclosures · 2
as of Jun 2025| Fund | Vintage | Committed | Net IRR | TVPI | DPI |
|---|---|---|---|---|---|
| SAIF Partners IV L.P.LPs: California Public Employees' Retirement System, Empire State Development – New York Ventures, Robert Wood Johnson Foundation | 2010 | — | 4.0% | 1.37x | 0.81x |
| SAIF Partners III L.P.LPs: California Public Employees' Retirement System, Empire State Development – New York Ventures, John D. and Catherine T. MacArthur Foundation +2 more | 2007 | — | 6.0% | 1.74x | 1.24x |
Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).
Frequently asked questions
- What stage does SAIF invest at?
- SAIF invests at the Seed, Series A, Growth stages.
- What is SAIF's typical check size?
- SAIF typically writes checks of $10M – $100M.
- What sectors does SAIF focus on?
- SAIF focuses on Sector Agnostic.
- Where is SAIF located?
- SAIF is headquartered in Beijing, CN.
- Does SAIF lead rounds?
- Yes, SAIF leads investment rounds.
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