Sutter Hill Ventures is an American private equity firm specializing in venture capital investments in technology-based startups. Founded in 1964 by Bill Draper and Paul Wythes, it is one of the oldest venture capital firms still in operation. The firm is headquartered in Palo Alto, California, and focuses on sectors such as networking and computer technology, business and financial services, healthcare, web development, and pop culture.

Sutter Hill Ventures has a history of early investments in companies like Qume, Diablo Systems, LSI Logic, and Banyan Systems. Notably, the firm incubated and invested in Snowflake Computing, which achieved a record-setting technology IPO in 2020.