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Sapphire Ventures

USGBDEFRNLILCAINB2B SaaSAI/MLFintechHealthtechCybersecurityDevtoolsEnterpriseDeep Tech

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Investment thesis

Sapphire Ventures partners with Enterprise AI founders building 'Companies of Consequence.' With more than 15 years of experience and over $10B in AUM, the firm invests with high conviction in a select number of post–product-market fit companies—helping founders scale go-to-market, operations, and leadership. Sapphire focuses on expansion-stage enterprise software companies it believes can become category leaders, spanning Enterprise SaaS, Infrastructure Software, AI/ML, Fintech, Healthcare-IT, DevOps, and Cybersecurity across the U.S., Europe, and Israel. In addition to its direct growth investing strategy, Sapphire operates Sapphire Partners—an LP arm that backs early-stage software-focused venture funds and emerging managers—and Sapphire Sport, which invests in early-stage technology companies at the intersection of sport, media, and entertainment. The firm's Portfolio Growth team of experienced operators delivers value-add services in executive talent placement, customer and partner introductions, and go-to-market excellence.

Notable quotes

A new era of computing and investing is coming. OpenAI's ChatGPT debut in late 2022 was the 'browser moment'—when an entirely new tech platform was launched, comparable to Netscape Navigator in 1994.

Jai Das · Crunchbase News interview · 2023

At Sapphire, we operate as one global team with deep domain expertise in the most dynamic and relevant technology sectors—underscoring our ability to bring significant value to our portfolio founders. We work closely with our portfolio companies to help them identify customers, grow revenue, hire top talent and implement compelling marketing strategies.

Jai Das · Sapphire Ventures press release – Nearly $2 Billion in Growth-Focused Technology Funds · 2021-11-30

In this environment, our highly focused approach remained consistent as we backed founders who pair technical ambition with strong execution designed for scale. This discipline has long anchored Sapphire, and this year translated into meaningful outcomes across our portfolio.

Nino Marakovic · Sapphire Ventures 2025 Year in Review · 2025

Recent investments

CompanyRoundSizeDate
CyeraSeries D / Series G$600m2025-06
GleanSeries E2024
RainSeries B$58m2024
EliseAISeries D2024
BrazeSeries E / IPO2021
monday.comSeries D / IPO2019
NetskopeIPO2025
CohesitySeries F2022
TemporalSeries B2022
BoxSeries C / IPO2012

Frequent co-investors

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