Fundraising Fox

Sapphire Ventures

Venture capital

Menlo Park · Series B–Late Stage · 80 people tracked

Also known as Sapphire · SAPPHIRE VENTURES, LP

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Investment thesis

Sapphire Ventures invests in technology companies at the growth stage, aiming to back what it calls 'companies of consequence.' The firm emphasizes hands-on operating support, providing portfolio companies with executive talent introductions and customer/partner connections. Its track record highlights numerous IPOs and exits from its direct growth strategy since 2011. Alongside direct growth investments, Sapphire runs a fund investment strategy. Recent published perspectives focus heavily on artificial intelligence, including vertical AI markets, AI in drug development, AI agents, and AI-assisted design, signaling strong interest in enterprise and AI-driven software businesses.

Source: firm website, verified Aug 25, 2026.

Stage
Series B–Late Stage
Check
$5M – $20M
HQ
Menlo Park, CA, US
Leads rounds
Leads
Instruments
Equity
Founded
2011
Last 12 months
17 investments
AUM
$10.4B
Tracked investments
236

Team · 80 people

from the firm's website & public directories
Andrea Scholz· Senior Executive Assistantin
Anna Oglodzinska· Executive Assistantin
Bernadette Menor· Executive Assistant
Brett Ripperger· Director, Investor Reporting & Business Analyticsin
Charlie Rexford· Chief of Staff to CEOin
Ciara Campbell Bowen· Executive Assistantin
Cristina Hohlman· Partner, Chief Financial Officerin
Danielle Romanowski· Executive Assistant
Danielle Zhao· Senior Data Scientist
Edison Yu· Associate Accountant, Fund of Funds
Jacob DeHardt· Manager, Fund Accounting
Jake Randall· Senior Associate, Strategy
Jason Morris· Vice President, Investor Relationsin
Jenny Bavinger (Smelyanets)· Vice President, Marketing
Justin White· Vice President, Finance
Lacy Balsama· Senior Executive Assistantin
Lauren Rhodes· Manager, Fund Accountingin
Lou Segall· Director, Strategyin
Maureen Curran· Senior Executive Assistant
Nicole Torres· Director, Marketing Events & Platformin
Paloma Gante· Assistant Controller
Rosie Tersigni· UK Office Manager, Executive Assistant
Sam King· Associate General Counselin
Shinta Yulia· Vice President, Financein
Tori Robertson· Senior Director, Marketing
Whitney Ibarra· Bay Area Office Manager, Administrative Assistant
Will Suttle· Vice President, Financein
Imogen Mulliner· Associate𝕏
Jane Lee· Vice Presidentin𝕏
Sam Procter· Associatein
Thomas Moon· Vice Presidentin𝕏

Founder mafia

3 people who came through Sapphire Ventures went on to found or lead other companies.

What they invest in

from 183 of 236 portfolio companies

Enterprise Software ×111AI & Machine Learning ×102SaaS ×85Data & Infrastructure ×45Cloud Computing ×36Fintech ×29Developer Tools ×27Cybersecurity ×25

HQs:United States×121United Kingdom×5Germany×4Canada×3France×3India×3

Who they back

founder profiles across 128 portfolio companies
38%
solo founders
48 of 128 mapped founding teams
47%
repeat founders
of 137 founders with career history
~5 yrs
old at investment
median across 31 dated deals

Founding team size:solo founder×482 founders×403 founders×284+ founders×12

Where their founders studiedfrom 120 founders with education data

Massachusetts Institute of Technology ×7University of California, Berkeley ×7Harvard University ×6Stanford University ×5Harvard Business School ×4Indian Institute of Technology, Delhi ×3The University of Texas at Austin ×3Tsinghua University ×3

Where their founders worked beforefrom 137 founders with career history

Facebook ×4Google ×3Kensho ×3Morgan Stanley ×3Optimizely ×3Oracle ×3RBC Capital Markets ×3Uber ×3

Accelerator rootsportfolio companies that came through a program

Y Combinator ×11Techstars ×6500 Global ×2Plug and Play Ventures ×2

7 founders hold a PhD · 11 hold an MBA (of 114 with degree data) · backed the same founder in 2+ companies: 2 founders

Investments · 236 tracked

founders shown can be your intro path

By year:2026 · 142025 · 62024 · 72023 · 22022 · 12021 · 62020 · 22019 · 22018 · 42017 · 72016 · 32015 · 462 dated

Boxbox.com𝕏NYSE: BOXMay 2021

Box provides intelligent content management and secure collaboration for enterprise teams, combining unstructured data access and sharing with AI-powered workflows and insights.

AI & Machine LearningCloud ComputingEnterprise SoftwareSan Jose, US

Dylan Smith(Executive Officer)Aaron Levie(Executive Officer, Director)Dan Levin(Director)Stephanie Carullo(Executive Officer)Peter McGoff(Executive Officer)Gary Reiner(Director)

Co-investorsAndreessen HorowitzBessemer Venture PartnersEmergence Capital PartnersHercules Capital, Inc.Kleiner PerkinsLobby Capital+7 more

Braze, Inc.braze.comin𝕏NASDAQ: BRZE

Braze is a customer engagement platform that helps brands connect with customers across multiple channels.

AI & Machine LearningEnterprise SoftwareMarketing TechSaaS

Bill Magnuson(CEO)Jon Hyman(CTO)Mark Ghermezian

Co-investorsAccelerator VenturesBattery VenturesBlumberg CapitalBullpen CapitalCross Creek AdvisorsFour Acres Capital+10 more

DocuSignNASDAQ: DOCU

Market leader and global standard for electronic signature.

Israel Israel Israeljfrog.comNASDAQ: FROG

JFrog AI Catalog is a governance layer that manages AI assets — including models, MCP servers, agent skills, and plugins — as native artifacts within the same system of record used to control software supply chains.

AI & Machine LearningCloud ComputingCybersecurityDeveloper ToolsSaaSSunnyvale, US

Shlomi Ben Haim(Founder)in

Co-investorsBattery VenturesDell Technologies CapitalMS&AD VenturesNotable CapitalQumra CapitalScale Venture Partners

Kalturakaltura.comin𝕏NASDAQ: KLTR

Kaltura provides AI-powered video platforms for live and on-demand digital experiences that enable brands and organizations to engage audiences and achieve business goals.

AI & Machine LearningEnterprise SoftwareMedia & EntertainmentNew York, US

Ron Yekutiel(Founder)

Co-investors.406 VenturesAvalon Ventures Management, LlcLuminari CapitalMitsui Global InvestmentNGP CapitalRuna Capital+3 more

Nutanixnutanix.comin𝕏NASDAQ: NTNX

Nutanix provides a cloud infrastructure platform that enables organizations to run applications, data, and AI across hybrid environments including public clouds, private clouds, datacenters, on-premises, and edge locations.

AI & Machine LearningCloud ComputingData & InfrastructureEnterprise SoftwareSan Jose, US

Dheeraj Pandey(Executive Officer, Director)inRajiv Mirani(Executive Officer)Howard Ting(Executive Officer)Duston M. Williams(Executive Officer)Sunil Potti(Executive Officer)David Sangster(Executive Officer)

Co-investors137 VenturesAccelerator VenturesBattery VenturesBlumberg CapitalEMERGENT VENTURESInventus Capital Partners+9 more

Squaresquareup.com𝕏NYSE: XYZApr 2021

Square is a financial services platform that provides point-of-sale systems, payment processing, payroll management, and cash flow tools for small and medium-sized businesses.

FintechRetail TechSaaSSan Francisco, US

Jack Dorsey(Co-founder)Brian Grassadonia(Executive Officer)Sivan Whiteley(Executive Officer)

BoardMary Meeker(Director)Jim McKelvey(Director)inRoelof Botha(Director)in

Co-investorsA*Cota CapitalCrunchFundKleiner PerkinsNotable CapitalOmega Venture Partners+11 more

Wisewise.comin𝕏NASDAQ: WSE

Wise is a financial platform offering international money transfers, multi-currency accounts, and debit cards with low fees and competitive exchange rates, serving millions of users globally.

FintechLondon, GB

Kristo Käärmann(Founder & CEO)in

Co-investorsAndreessen HorowitzCDP Venture CapitalGlynn Capital ManagementIndex VenturesIVP (Institutional Venture Partners)Khosla Ventures+9 more

Matillionmatillion.comin𝕏Nov 2021✓ verified

Matillion provides a data integration platform for building and managing data pipelines to cloud data warehouses, enabling data teams to extract, load, and transform enterprise data for analytics and AI applications.

AI & Machine LearningData & InfrastructureEnterprise SoftwareDenver, US

Matthew Scullion(CEO)inEd Thompson(CTO)inPeter McCord(Executive Officer, Director)in

BoardAndreas Welskam(Newly appointed as of the date of this offering.)Andy Vitus(Newly appointed as of the date of this offering.)inSimon Finch(Director)

Board seatAndreas Weiskam· per SEC Form D

Co-investorsBattery VenturesLightspeed Venture PartnersScale Venture PartnersGeneral AtlanticBalderton CapitalG Squared+2 more

Active Remote Desktopsplashtop.comin𝕏✓ verified

Splashtop is a remote access and support platform that enables users to securely access and control computers from any device with high performance, up to 4K quality at 60fps.

Cloud ComputingCybersecurityDeveloper ToolsEnterprise SoftwareSaaS

Mark Lee(Founder)inRobert Ha(Founder)inThomas DengPhilip Sheu

Co-investorsNew Enterprise Associates (NEA)Storm VenturesDraper AssociatesDraper DragonPresidio VenturesTop Corner Capital

ActivTrakactivtrak.comin𝕏✓ verified

ActivTrak provides a workforce analytics and work intelligence platform that helps organizations monitor productivity, manage capacity, and make informed workforce decisions by tracking activity across people, applications, and AI tools.

AI & Machine LearningEnterprise SoftwareFuture of WorkHR TechAustin, US

Heidi Farris(CEO)in

Co-investorsFrancisco PartnersElsewhere Partners

Blue Jbluej.comin𝕏✓ verified

Blue J is an AI-powered platform providing tax research and analysis tools for tax professionals and accountants across North America and the UK.

AI & Machine LearningLegalTechSaaSToronto, CA

Benjamin Alarie(CEO)inAlbert Yoon(Co-founder)Anthony Niblett(Co-founder)

Co-investorsOak HC/FTCreative Destruction Lab (CDL)Intrepid Growth PartnersToronto Innovation Acceleration PartnersMistral Venture PartnersRelay Ventures

Defense Unicornsdefenseunicorns.comin𝕏Feb 2024✓ verified

Defense Unicorns delivers secure, vendor-lock-free software deployment solutions for the U.S.

Cloud ComputingDefense TechDeveloper ToolsGovTechColorado Springs, US

Rob Slaughter(Co-founder / CEO)inJeff McCoy(Co-founder / CTO)inAndrew Greene(Co-founder)inThomas Runyon(Executive Officer)

Co-investorsAnsa CapitalBain Capital Tech Opportunities

Dremiodremio.comin✓ verified

Dremio provides an Agentic Lakehouse platform that enables fast, governed access to enterprise data across multiple sources without ETL, with an AI Semantic Layer for business context and autonomous infrastructure management.

AI & Machine LearningData & InfrastructureEnterprise Software

Tomer Shiran(Founder)inSendur Sellakumar(CEO)in

Co-investorsInsight PartnersRedpoint VenturesAlpha Square GroupCisco InvestmentsDTCPGeodesic Capital+5 more

Reltioreltio.comin✓ verified

Reltio is a cloud-native, software-as-a-service (SaaS) data platform that helps enterprises manage and unify master data to deliver business outcomes.

AI & Machine LearningData & InfrastructureEnterprise SoftwareSaaSRedwood Shores, US

Manish Sood(Founder, Chairman, and CEO)inJeffrey Schlesinger(Executive Officer)

BoardJames Feuille(Director)inChetan Puttagunta(Director)Michael Gustafson(Director)

Co-investorsCrosslink CapitalNewView Capital.406 VenturesBrighton Park CapitalNew Enterprise Associates (NEA)RPS Ventures+3 more

Rewstrewst.ioin✓ verified

Rewst is an automation platform for managed service providers (MSPs) that connects disconnected systems and automates manual workflows.

Developer ToolsEnterprise SoftwareSaaSOdessa, US

Aharon Chernin(Chief Executive Officer)Michael Chernin(Executive Officer, Director)

BoardTom Holahan(Director)inAlex Clayton(Director)Marc Blumenthal(Director)inCasber Wang(Director)in

Co-investorsTDF VenturesFlorida FundersOpenView Venture PartnersYork IE

Simpplrsimpplr.comin✓ verified

Simpplr provides an employee experience platform that consolidates internal communications, information sharing, and collaboration tools into a single workspace, helping organizations improve employee engagement and productivity across distributed teams.

AI & Machine LearningEnterprise SoftwareFuture of WorkHR Tech

Co-investorsNorwest Venture PartnersTola CapitalSalesforce VenturesGray Line Partners

Uptycsuptycs.comin𝕏✓ verified

Uptycs provides a cloud-native application protection platform (CNAPP) that normalizes security telemetry across hybrid cloud environments and delivers real-time threat detection and response through a unified security console.

AI & Machine LearningCloud ComputingCybersecurityData & InfrastructureEnterprise SoftwareBengaluru, IN

Ganesh Pai(Founder and CEO)inUma Reddy(Founder and EVP of Product and Technology)Mike Hluchyj(Founder and Board Member)

Co-investorsForgePoint CapitalComcast VenturesNorwest Venture PartnersGenacast Ventures

Yapilyyapily.comin𝕏✓ verified

Yapily provides open banking APIs and infrastructure that enable financial services companies to build and deliver better financial products.

Cloud ComputingData & InfrastructureEnterprise SoftwareFintechLondon, GB

Stefano Vaccino(Founder)in

Co-investorsHV CapitalLakestarLocalGlobe

Yugabyteyugabyte.comin𝕏✓ verified

Yugabyte develops YugabyteDB, a distributed SQL database designed for transactional applications that need high availability, scale, and consistency.

AI & Machine LearningCloud ComputingData & InfrastructureSaaS

Karthik Ranganathan(Co-Founder & Co-CEO)Kannan Muthukkaruppan(Co-Founder & Co-CEO)

Co-investorsLightspeed Venture Partners8VCAlkeon InnovationCo=Creation=CapitalDell Technologies CapitalGreenspring Associates+2 more

Auth0auth0.comin𝕏May 2018

Auth0 is an authentication and authorization platform that secures applications, AI agents, and internal tools by providing identity management, single sign-on, multi-factor authentication, and fine-grained access control capabilities.

CybersecurityDeveloper ToolsEnterprise SoftwareBellevue, US

Carlos Eugenio Pace(Executive Officer, Director)Eugenio P.(Founder)inJonathan I. Gelsey(Executive Officer, Director)Matias Woloski(Director)

BoardSunil Nagaraj(Director)Karan Mehandru(Director)in

Board seatAnders Ranum· per SEC Form D

Co-investorsBessemer Venture PartnersEndeavor CatalystFounders Circle CapitalFUSEK9 VenturesNTT DOCOMO Ventures+11 more

BGS HoldingsNov 2020SEC filingmedium confidence

Austin, US

Rita Selvaggi(Executive Officer, Director)

BoardCam McMartin(Director)Chris Pacitti(Director)Mike Bennett(Director)

Board seatNino Marakovic· per SEC Form D · $50M raise · filed Nov 2020

Brightfield Holdings, Inc.Sep 2019SEC filingmedium confidence

New York City, US

Board seatDavid Hartwig· per SEC Form D · $118.8M raise · filed Sep 2019

Creatiocreatio.comin𝕏Jun 2026

Creatio is an AI-native CRM and workflow automation platform that enables users to build agents and applications through AI coding agents and no-code visual designers.

AI & Machine LearningCloud ComputingEnterprise SoftwareSaaSBoston, US

Katherine Kostereva(Executive Officer, Director)in

BoardSean Cantwell(Director)inRoger Hurwitz(Director)inJD Sherman(Director)Denis Tafintsev(Director)

Board seatRajeev Dham· per SEC Form D

Co-investorsHorizon CapitalVolition Capital

EliseAIeliseai.comin𝕏Aug 2025

EliseAI applies artificial intelligence to streamline operations in housing and healthcare, two industries historically resistant to technological transformation.

AI & Machine LearningEnterprise SoftwareHealthtechPropTechSaaSNew York, US

Minna Song(Co-founder and CEO)inStoyan Stoyanov(Executive Officer, Director)Andrew Korn(Executive Officer)Kamil Sindi(Director)

BoardLouis Schotsky(Director)inJo Ann Corkran(Director)in

Board seatCathy Gao· per SEC Form D

Co-investorsAndreessen HorowitzBessemer Venture PartnersFounders Circle CapitalGolden SeedsGray Line PartnersGround Up Ventures+5 more

Influx Datainfluxdata.comin𝕏Jan 2019

InfluxData develops InfluxDB, a time series database designed to collect, store, analyze, and act on data that changes in real-time.

Cloud ComputingData & InfrastructureDeveloper ToolsEnterprise SoftwareIoTNew York City, US

Paul Dix(Founder/CTO)inTodd Persen(Executive Officer, Promoter)Evan Kaplan(Executive Officer, Director)inWinnie Cheng(Executive Officer)in

BoardRobin Vasan(Director)inDaniel Scholnick(Director)in

Board seatAnders Ranum· per SEC Form D

Co-investorsB CapitalBattery VenturesHarmony PartnersMango CapitalMayfield FundNorwest Venture Partners+4 more

Inklinginkling.comin𝕏Nov 2016acquired by Echo360

Inkling provides a mobile learning and training platform for frontline and operational employees, giving workers on-the-job access to mission-critical knowledge, certifications, and workflows.

EdTechEnterprise SoftwareFuture of WorkSaaSSan Francisco, US

Charles Matthew MacInnis(Executive Officer, Director)Francis Currie(Executive Officer)

BoardBryan Schreier(Director)inThomas Banahan(Director)Peter Currie(Director)

Board seatNino Marakovic· per SEC Form D

Co-investorsIcon VenturesTenaya CapitalSequoia Capital

Jeeva AIjeeva.aiin𝕏Apr 2025 · $9M

Jeeva AI provides data protection agreements and compliance documentation for managing personal data under global regulations including GDPR and CCPA.

AI & Machine LearningEnterprise SoftwareSaaSSales TechSanta Monica, US

Gaurav Bhattacharya(Executive Officer, Director, Promoter)in

BoardMark Mullen(Director)inDan Wright(Director)

Board seatCathy Gao· per SEC Form D

Co-investorsBonfire VenturesJLL Spark Global VenturesAlt CapitalGTMfundJLL SparkTechstars

Medablemedable.comin𝕏Oct 2020

Medable provides a cloud-based platform for clinical research that uses AI and digital tools to accelerate the development of therapies by improving the quality, reach, and efficiency of clinical trials.

AI & Machine LearningCloud ComputingHealthtechMedical DevicesSaaSPalo Alto, US

Michelle Longmire(Founder)Timothy R. Smith(Executive Officer, Director)Perry Robinson(Executive Officer)

BoardYoung A. Sohn(Director)Richard Lim(Director)inAnna Long(Director)

Board seatDavid Hartwig· per SEC Form D

Co-investorsACVC PartnersConnectivity VenturesHealthX VenturesInformed Ventures Advisors, LlcObvious VenturesPROOF+4 more

Ninetailedninetailed.ioin𝕏Aug 2021acquired by Contentful

Ninetailed offers a personalization platform that enables web teams to create and deliver tailored content experiences without developer support.

AdTechCloud ComputingDeveloper ToolsEnterprise SoftwareMarketing TechSaaSBerlin, DE

Sascha Konietzke(Executive Officer, Director, Promoter)Paolo Negri(Executive Officer, Director, Promoter)Andy Kaiser(Co-founder and CEO; later VP Product at Contentful)Alexander Braunreuther(Co-founder)Steve Sloan(Executive Officer, Director)Margo M Smith(Executive Officer)

Board seatAndreas Weiskam· per SEC Form D

Co-investorsBalderton CapitalGaia VenturesGrand VenturesHeavybitMosaic VenturesOMERS Ventures+11 more

Pendo.io, Inc.pendo.ioin𝕏Aug 2024

Pendo is a product experience platform that combines software usage analytics, in-app guidance, and user feedback to help organizations accelerate feature adoption and deliver better product experiences.

AI & Machine LearningData & InfrastructureEnterprise SoftwareSaaSRaleigh, US

Saurabh Sodani(Founder/CEO)Todd Olson(Executive Officer, Director)Erik Troan(Director)Chuck Kesler(Chief Development Officer)Sheena Jain(Chief Information Security Officer)Zain Lakhani(Chief AI Officer)

Board seatRajeev Dham· per SEC Form D

Co-investorsArray Ventures Management LlcB Capital GroupB4 CapitalBattery VenturesBonfire VenturesContour Venture Partners+4 more

Qualifiedqualified.comin𝕏May 2022Acquired

Qualified provides an AI SDR product called Piper that automates inbound sales development functions to convert prospect traffic into qualified pipeline for B2B sales teams.

AI & Machine LearningMarketing TechSaaSSales TechSan Francisco, US

Gopal Patel(Founder)in

Board seatRajeev Dham· per SEC Form D

Co-investorsNorwest Venture PartnersRedpoint VenturesSalesforce VenturesCathay InnovationGreatPoint Ventures

Safe graphsafegraph.comin𝕏Mar 2021

SafeGraph builds and maintains a global dataset of information about physical places, updated monthly, for application developers and analytics teams.

Data & InfrastructureEnterprise SoftwareRetail TechSaaSDenver, US

Auren Hoffman(Executive Officer, Director)Brent Perez(Executive Officer)Jason Richmanin

BoardCharles Songhurst(Director)Alexander Rosen(Director)in

Board seatCathy Gao· per SEC Form D

Co-investorsAkkadian VenturesClocktower VenturesCorazon CapitalDnx Venturesmark vcRidge Ventures+2 more

Sidesideinc.comin𝕏Mar 2017

Side is a real estate brokerage platform that enables high-volume agents to create and own their own businesses while Side provides back-office support, transaction management, and handles regulatory liability.

PropTechSan Francisco, US

Guy Gal(Co-Founder & Chief Executive Officer)inEd Wu(Co-Founder & Chief Innovation Officer)inHilary Saunders(Co-Founder & Chief Broker Officer)in

Board seatPaul Levine· per SEC Form D

Co-investorsCoatue ManagementGarage CapitalICONIQMetaProp VenturesShumway CapitalThird Prime+3 more

StackHawkstackhawk.comin𝕏Aug 2025

StackHawk provides an API security tool designed for software development teams to identify and fix security vulnerabilities in real-time as part of their development workflow.

AI & Machine LearningCybersecurityDeveloper ToolsSaaSDenver, US

Joni Klippert(CEO, Co-Founder)Scott Gerlach(CSO, Co-Founder)inBryce Ambraziunas(Executive Officer)Ryan Severns(Executive Officer, Promoter)

BoardGreg Sands(Director)in

Board seatDavid Hartwig· per SEC Form D

Co-investorsCostanoa VenturesFlybridge Capital PartnersFoundryMatchstick VenturesSkyview VenturesTaronga Group

VistaraITJun 2017SEC filingmedium confidence

San Jose, US

Varma Kunaparaju(Executive Officer, Director, Promoter)

BoardRaju Chekuri(Director)

Board seatNino Marakovic· per SEC Form D · $20M raise · filed Jul 2017

Wanderawandera.comin𝕏May 2017acquired by Jamf

Cloud ComputingCybersecurityEnterprise SoftwareSaaSLondon, US

Eldar Tuvey(Executive Officer, Director)Roy Tuvey(Executive Officer, Director)

BoardAdam Fisher(Director)inErez Ofer(Director)inAlex Ferrara(Director)in

Board seatAndreas Weiskam· per SEC Form D

Co-investors83NorthBessemer Venture Partners

(Acq'd by Altus Group)reonomy.comin𝕏Acquired

Reonomy provides commercial real estate intelligence and data solutions to brokerages, lenders, and financial institutions using machine learning and proprietary algorithms.

AI & Machine LearningData & InfrastructurePropTech

Richard Sarkis(Founder)in

Co-investorsHarmony PartnersManhattan WestBain Capital VenturesFinTech CollectiveKEC VenturesPrimary Venture Partners+1 more

23andMe23andme.comin𝕏

23andMe operates a research platform that collects genetic data from millions of users to advance genomic research and health discovery.

BiotechDigital HealthDirect to ConsumerHealthtechLongevityMountain View, US

Anne Wojcicki(Co-founder & CEO)inLinda Avey(Co-founder)Paul Cheung(Co-founder)Andrew Page(Executive Officer, Director)Kathy Hibbs(Executive Officer)

BoardEsther Dyson(Director)

Co-investorsAllied Venture PartnersCivilization Ventures Management, LlcEQUIAMG SquaredHouston Angel NetworkInvestX+12 more

3Ds3ds.com

Dassault Systèmes provides a unified 3D design and simulation platform (3DEXPERIENCE) that enables manufacturing, life sciences, healthcare, and infrastructure companies to create virtual twins of products and systems for innovation and optimization.

Advanced ManufacturingCloud ComputingEnterprise Software

Acousticacoustic.com

Acoustic is a marketing technology company that provides a customer engagement platform for lifecycle marketers to understand consumer intent and drive engagement through real-time behavioral data and AI-powered analytics.

Enterprise SoftwareMarketing TechSaaS

Co-investorsFrancisco PartnersTTV Capital

Adverityadverity.comin𝕏

Adverity provides a data platform that enables agencies and brands to collect, combine, and transform marketing and business data for improved decision-making and performance.

AI & Machine LearningData & InfrastructureMarketing TechVienna, AT

Alexander Igelsböck(Founder)in

Co-investors42CAPFELIX CAPITALGaia VenturesMangrove Capital PartnersSoftBank Vision FundSpeedinvest

Aeponaaepona.com

Co-investorsAmadeus Capital Partners

Alationalation.comin𝕏

Alation builds a data catalog platform with machine learning and generative AI capabilities that helps enterprises find, understand, and trust their data.

AI & Machine LearningData & InfrastructureEnterprise SoftwareRedwood City, US

Satyen Sangani(Founder)Dr. Venky Ganti(Founder)Dr. Feng Niu(Founder)Aaron Kalb(Founder)in

Co-investorsDCVC (Data Collective)Foundation CapitalHarmony PartnersIcon VenturesIsaiISAI Gestion+8 more

Aleph Alphaaleph-alpha.comin𝕏

Aleph Alpha develops specialized language models and AI solutions for enterprise and public sector organizations in Europe, prioritizing data sovereignty, regulatory compliance, and domain-specific customization on European infrastructure.

AI & Machine LearningDeep TechEnterprise SoftwareHeidelberg, DE

Samuel Weinbach(Co-Chief Research Officer, Co-Founder)Ilhan Scheer(Co-Chief Executive Officer)inReto Spörri(Co-Chief Executive Officer)

Co-investorsBosch VenturesBurda Principal InvestmentsCavalry VenturesD11ZEarlybird DWES Management GmbH & Co. KGEarlybird Venture Capital+8 more

Alfrescoalfresco.comin𝕏

Alfresco is a content management and intelligent process automation platform that helps enterprises manage documents, automate workflows, and extract insights from content.

Data & InfrastructureEnterprise SoftwareSaaSSan Mateo, US

John Newton(Founder)inRobin Vasan(Director)Lars Bjork(Director)Bruce Felt(Director)Doug Dennerline(Executive Officer, Director)Carlton Babb(Executive Officer)

Co-investorsMillennium Technology Value PartnersSageview CapitalMayfield Fund

AllyOallyo.com

Co-investorsBlue CollectiveCervinGradient Ventures

Altruistindiaaltruistindia.com

Enterprise SoftwareLogistics & Supply ChainMedia & Entertainment

Anrokanrok.comin𝕏Oct 2025 · $55M

Anrok provides an automated tax compliance platform for software and digital goods companies, handling sales tax and VAT across multiple jurisdictions.

Enterprise SoftwareFintechSaaSSan Francisco, US

Michelle Valentine(Founder)Kannan Goundan(Founder)Michelle V(Founder)

Co-investorsSequoia CapitalKhosla VenturesSpark CapitalIndex VenturesPosition VenturesSignalRank

Apigeeapigee.com𝕏Dec 2013

Apigee is Google Cloud's API management platform that enables organizations to build, manage, secure, and monetize APIs across any environment and scale.

Cloud ComputingDeveloper ToolsEnterprise SoftwareSan Jose, US

Stacey Giamalis(Executive Officer)Chet Kapoor(Executive Officer, Director)Steve Valenzuela(Executive Officer)Neal Dempsey(Director)Robert Schwartz(Director)Promod Haque(Director)

Co-investorsNorwest Venture PartnersBay PartnersThird Point Ventures

Aprisoacquired by Dassault Systemes

Acquired by Dassault Systemes (2013).

Ask Sageasksage.ai

Ask Sage provides a generative AI platform designed for government teams and enterprises, offering training, consultation, data-driven analytics, and integration services alongside a partner ecosystem of integrators, resellers, and technology providers.

AI & Machine LearningDefense TechEnterprise SoftwareGovTech

Jason Layman(Executive Vice President)

Co-investorsMucker Capital

Attentive Mobileattentivemobile.comin𝕏

Attentive provides a mobile-first customer engagement platform that enables brands to orchestrate email, SMS, RCS, push, and AI-powered campaigns.

AI & Machine LearningDirect to ConsumerMarketing TechHoboken, US

Andrew Jones(Director)Brian Culbertson Long(Executive Officer, Director)Amit Jhawar(Chief Executive Officer)

BoardScott Friend(Director)in

Co-investorsCollective LiquidityEQUIAMFounders Circle CapitalFUSEG SquaredMetaProp Ventures+4 more

AvidXchangeavidxchange.comin𝕏

AvidXchange provides AI-powered accounts payable software that automates invoice capture, approvals, and payments for mid-market businesses.

AI & Machine LearningEnterprise SoftwareFintechSaaSCharlotte, US

Michael Praeger(CEO & Co-Founder)Dan Drees(President)Karen Bertaux(Executive Officer)Ross Agre(Executive Officer)Dwight Sawin(Director)Stephen Shane Turley(Executive Officer)

Co-investorsBoathouse CapitalHaymaker VenturesNycaNyca PartnersQED InvestorsSixth Street

Basetenbaseten.coin𝕏

Baseten provides AI inference and infrastructure services that optimize model deployment, serving, and orchestration across the full stack.

AI & Machine LearningCloud ComputingDeveloper ToolsSan Francisco, US

Tuhin Srivastava(Co-Founder and CEO)inAmir Haghighat(Co-Founder and CTO)inPhil Howes(Co-Founder & Chief Scientist)inPankaj Gupta(Co-Founder)inPhilip Howes(Co-Founder and Chief Scientist)Danielle Herzberg(Executive Officer)

Co-investors01 AdvisorsAI FundAspire11Athletic VenturesBattery VenturesBlackbird Ventures+22 more

BetterUpbetterup.comin𝕏

BetterUp provides an AI-powered coaching and professional development platform that helps organizations support employee growth and wellbeing.

AI & Machine LearningEnterprise SoftwareHR TechSaaSAustin, US

Alexi Robichaux(Co-founder and CEO)inEduardo Medina(Co-founder and COO)

Co-investorsAfore CapitalAurumCarnrite VenturesConvergeCrosslink CapitalEvio VC+16 more

BioCatchbiocatch.comin𝕏

BioCatch develops behavioral biometric authentication technology for fraud detection and identity verification.

AI & Machine LearningCybersecurityFintech

Avi Turgeman(Co-founder)Benny Rosenbaum(Co-founder)Uri Rivner(Co-founder)Gadi Mazor(CEO)inP. Howard Edelsteinin

Co-investorsBain Capital Tech OpportunitiesBlumberg CapitalEpisode1Joule VenturesMaccabee VenturesMaverick Ventures+1 more

Blackducksoftwareblackducksoftware.com

Co-investorsEscalate Capital Partners

Blockdaemonblockdaemon.comin𝕏

Blockdaemon provides blockchain infrastructure services including staking, node deployment, APIs, and wallet management across 60+ protocols for financial institutions and developers.

Crypto & Web3Data & InfrastructureEnergyEnterprise SoftwareFintechLos Angeles, US

Konstantin Richter(CEO and Founder)in

BoardEd Sim(Director)inGil Beyda(Director)in

Co-investors10SQ Capital (TenSquared)Aurum Venture PartnersBaroda Venturesboldstart venturesBorderless VentureComcast Ventures+18 more

Bounce

Browse all 236 investments with full details →

36 more tracked companies

SplashtopSpring GlobalStarTreeSumo LogicSun BasketSupioSword HealthTaxbit PrivateTemporalTesseractTetrateThoughtSpotTIBCOTicketflyTonalToneTractianTradewindTradeWind MarketsTransferWiseTremorvideodspuBiomeUJETUnmindUpvestVendavoVerbitVerse MedicalViolinsystemsWeights & BiasesWeTravelWorkOSYellowZendZestyZesty

Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.

Exits · 23

IPOs and acquisitions across the tracked portfolio

BoxNYSE: BOXBraze, Inc.NASDAQ: BRZEDocuSignNASDAQ: DOCUIsrael Israel IsraelNASDAQ: FROGKalturaNASDAQ: KLTRNutanixNASDAQ: NTNXSquareNYSE: XYZWiseNASDAQ: WSEInklingacq. by Echo360Ninetailedacq. by ContentfulWanderaacq. by JamfAprisoacq. by Dassault SystemesCatchpointacq. by LogicMonitorCohereacq. by RampCurrency Cloudacq. by VisaDatriaacq. by IntelligratedFitbitacq. by GoogleJasperSoftacq. by TIBCOJibeacq. by iCIMSLavanteacq. by PRGXLessonlyacq. by SeismicLocalyticsacq. by Upland SoftwareLookeracq. by Google

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Sapphire Ventures made?
Sapphire Ventures has 219 tracked investments, 26 of which have exited via acquisition or IPO, including 17 dated in the last 24 months.
What stage does Sapphire Ventures invest at?
Sapphire Ventures invests at the Series B, Series C, Growth, Late Stage stages.
What is Sapphire Ventures's typical check size?
Sapphire Ventures typically writes checks of $5M – $20M.
What sectors does Sapphire Ventures focus on?
Sapphire Ventures focuses on AI & Machine Learning, Cloud Computing, Data & Infrastructure, Enterprise Software, Fintech, SaaS, Sector Agnostic.
Where is Sapphire Ventures located?
Sapphire Ventures is headquartered in Menlo Park, US.
Does Sapphire Ventures lead rounds?
Yes, Sapphire Ventures leads investment rounds.
Who does Sapphire Ventures co-invest with?
Sapphire Ventures most often shares deals with Battery Ventures, Accel, Founders Circle Capital, among 666 tracked co-investors.

From the blog

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Sapphire Ventures recently highlighted AI's transformative role in pharma and life sciences, from enabling AI-designed drug candidates through platforms like Chai Discovery to automating operational labor across the entire drug development lifecycle. The firm also articulated a broader thesis that the largest vertical AI opportunities emerge in fragmented, operationally messy markets where defensible systems combine domain expertise with data integration rather than isolated intelligence features. AI summary

Media · Podcasts & interviews

featuring the team

Why Most AI Startups Fail to Impress VCsㅣRajeev Dham, Sapphire Ventures

EO · Rajeev Dham

43 - Jai Das, President & Co-Founder at Sapphire Ventures

Slice of Technology · Jai Das

Nvidia is the bellwether for generative AI demand, says Sapphire Ventures' Cathy Gao

Cathy Gao · cnbc.com

How Not to Drown in Numbers | Sudheesh Nair (Thoughtspot) & Jai Das (Sapphire Ventures)

Slush · Jai Das

Rajeev Dham, Partner at Sapphire Ventures, dives deep into B2B SaaS metrics

Subscript · Rajeev Dham

Enterprise Eating Venture Capital: Cathy Gao, Sapphire Ventures | Billion Dollar Moves

Sarah Chen-Spellings · Cathy Gao

Images

Sapphire Ventures photoSapphire Ventures photoSapphire Ventures photoSapphire Ventures photoSapphire Ventures photoSapphire Ventures photo

Co-investors · 250

Battery Ventures

Battery Ventures is a global investment firm that has backed more than 450 companies over its 40-year history, operating its investment staff as a single global unit.

$500K – $100M
Lightspeed Venture Partners

Lightspeed is a global venture capital firm that has spent over two decades backing innovative companies as an early and first investor.

$1.7M – $87M
Accel

Accel is a venture capital firm that partners with exceptional teams, positioning itself as a first partner to founders globally.

$1.6M – $70M
Kleiner Perkins

Kleiner Perkins is a venture capital firm that backs founders across technology and life sciences, from early stage through growth.

$500K – $15M
IVP (Institutional Venture Partners)

IVP (Institutional Venture Partners) is a venture capital firm that backs breakout companies at critical inflection points, helping them grow into enduring market leaders.

$15M – $75M
Andreessen Horowitz

Andreessen Horowitz (a16z) is a venture capital firm founded in 2009 by Marc Andreessen and Ben Horowitz, known for pioneering the platform model with a large team of operators supporting founders across stages.

$500K – $50M
Bessemer Venture Partners

Bessemer Venture Partners is a global venture capital firm that partners with entrepreneurs across enterprise, consumer, and healthcare sectors from early stages through growth.

$5M – $100M
Index Ventures

Index Ventures is a multi-stage venture capital firm that backs companies from Seed to IPO and beyond, including through its dedicated seed fund Index Origin.

$540K – $10.8M
Insight Partners

Insight Partners is an investment firm focused on accelerating revenue and profit growth in software companies, providing capital and operational support through its Insight Onsite team.

$120M – $350M
Norwest Venture Partners

Norwest Venture Partners is an investment firm whose growth equity team backs private, profitable, fast-growing companies, providing capital and hands-on support through its 'invited guest' approach.

$10M – $30M
Spark Capital

Spark Capital is a venture capital firm that partners with founders, known for early investments including leading Twitter's Series B in 2008.

$500K – $25M
238 more co-investors

OpenView Venture PartnersNew Enterprise Associates (NEA)Coatue ManagementFelicis VenturesB Capital GroupMadrona Venture GroupSoftBank Vision FundGeneral CatalystKhosla VenturesNotable CapitalBain Capital VenturesTiger Global ManagementBalderton CapitalMayfield FundScale Venture PartnersNewView CapitalSV AngelCRV (Charles River Ventures)Amplify PartnersTrinity VenturesShasta VenturesTenaya CapitalContour Venture PartnersWorkday VenturesGreylock PartnersRedpoint VenturesFoundation CapitalCanvas VenturesRidge VenturesCisco InvestmentsBenchmarkMeritech Capital PartnersBonfire VenturesIntel CapitalDell Technologies CapitalOperator CollectiveBallistic VenturesOMERS VenturesStorm VenturesAdams Street PartnersThomson Reuters VenturesGV (Google Ventures)Craft VenturesTrue VenturesOak HC/FTAfore Capital8VCNext47FoundryThreshold VenturesPrimary Venture PartnersLeft Lane CapitalAugust CapitalICONIQ CapitalRelay VenturesSilverton PartnersCervinFirst Round CapitalMenlo VenturesStreamlined VenturesFirstMark CapitalRRE VenturesNextView VenturesInnovation EndeavorsSouth Park CommonsAcrew CapitalBullpen CapitalSoma CapitalCrosslink CapitalPolaris PartnersDCM VenturesWingGlobal Founders CapitalCostanoa VenturesGeneral AtlanticHV CapitalNextGen Venture Partnersboldstart venturesNotion CapitalTCV83NorthThird Point VenturesAnorak VenturesAnthemis VentureFELIX CAPITALPeak XV PartnersBlackbird VenturesAltimeter CapitalNGP CapitalVast VenturesGreenoaksClocktower VenturesTen Eleven.406 VenturesGutbrain VenturesForgePoint CapitalVolition CapitalArmilar Venture PartnersBrighton Park CapitalHorizon CapitalMissionOGFounders FundAlumni VenturesUnion Square Ventures (USV)Fifth WallSignalFireAccel-KKRVenrockLerer Hippeau01 AdvisorsNexus Venture Partners75 & SunnyHomebrewCyberstartsArray Ventures Management LlcCiti VenturesMarch Capital PartnersBaseline VenturesCherry VenturesNFXLead Edge CapitalPeakHighland Capital PartnersTorch CapitalMucker CapitalMango CapitalPreston-Werner VenturesJackson Square VenturesK9 VenturesAlvenVertex Ventures IsraelAmity VenturesEvolution Equity PartnersSutter Hill VenturesMangrove Capital PartnersTRANSFORMATION CAPITALH.I.G. Growth PartnersJump CapitalS CapitalNauta CapitalGSR VenturesDefine VenturesFramework Venture PartnersSilversmith Capital PartnersHummer Winblad Venture Partners (HWVP)Cabra VCThe MBA FundLong Journey VenturesFJ LabsUnknown VenturesAtomicoGreat Oaks Venture CapitalCanaan PartnersACME CapitalAME Cloud VenturesC2 InvestmentsLookout VenturesBond Capital ManagementBowery CapitalIA VenturesDN CapitalSocial LeverageBanana CapitalBitkraft Esports VenturesMatrixHustle FundUncorrelated VenturesGaingelsSalesforce Japan Co.,Ltd.WGI GroupTribe Capital FirstlookThe Chernin Group (TCG Crypto)Draper Fisher Jurvetson (DFJ)Pelion Venture Partners8-Bit CapitalTribeca Venture PartnersViola VenturesWildcat Venture PartnersSerena VenturesAmerican Express Ventures (Amex)Galaxy Digital Assets FundBrand Foundry VenturesReach CapitalSummit PartnersCapital Factory645 VenturesBlue Owl CapitalStageOne VenturesThird Kind Venture CapitalSmash CapitalThomvest Ventures35VenturesVera EquityVisionaire VenturesAdjacent Ventures LlcNational Grid PartnersWndrCoSoftBank CapitalGriffin Gaming PartnersValor Equity PartnersDragoneer Investment GroupArrivesuper{set}WI Harper GroupPenny Jar Capital VentureiHeartMediaElectric AntFortress Investment GroupFlagship PioneeringClearvision VenturesConvergence VenturesTwo Bear CapitalAllerfund Ventures, LlcBryant StibelLooking Glass CapitalEnergy Capital VenturesBoosted CommerceSony Ventures CorporationTop Tier Capital PartnersGeneration Investment ManagementEquity AllianceIcebreakerTriangle Peak PartnersMsd CapitalJefferiesWorld Innovation Lab (WiL)Monta Vista CapitalSeae VenturesChaac VenturesHonest GameTitletownTechCoefficient CapitalAVentures CapitalCarbide VenturesAccolade PartnersUnion Square Advisors LLCGarage Technology VenturesFasterCapital

Firms observed investing alongside Sapphire Ventures, from public investor directories. Shared companies are the overlap with Sapphire Ventures's recorded portfolio.

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