United States · 
What does Sapphire Ventures invest in?
Sapphire Ventures invests most often at Series C and Series D (46% of the rounds on record), in sectors such as Enterprise Software and Enterprise AI.
Sapphire Ventures highlights
- 01
27 cheques in the last 12 months
- 02
Mostly Series C and Series D: 46% of its rounds
- 03
Sole investor in 15 rounds, median $20M
- 04
31 exits from the portfolio
What they do
Enterprise AI VCFrom their own website
- Type
- VC firm
- Cheque size
- $3.0M – $60M as they say
- Stages
- Series ASeries BGrowth
- Sectors
- Enterprise SoftwareEnterprise AI
- Based in
- Menlo Park, United States
- Cold pitches
- Not stated
The record
Every round we can evidence, newest first292 appearances
- 2026
23 rounds
- Oct
- Sept
- Sept
- Sept
- Sept
- Aug
- Jul
- Jun
- Jun
- Jun
- May
- Apr
- Apr
- Mar
- Mar
- Mar
- Feb
- Feb
- Feb
- Jan
- Jan
- Jan
- Jan
- 2025
29 rounds
- Dec
- Dec
- Dec
- Nov
- Oct
- Oct
- Oct
- Sept
- Sept
- Sept
- Sept
- Sept
- Aug
- Aug
- Aug
- Jul
- Jul
An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.
The team
Named by the firm itself, on a filing, its Form ADV or its company registration8 named
CKCecilia KwanExecutive Officer, PromoteriFiling they signed
JDJayendra DasManaging MemberiFiling they signed
MYMartin Y. LaidlawDirectoriFiling they signed
NNNino Nikola MarakovicExecutive Officer, DirectoriFiling they signed
RSRachel StockExecutive Officer, PromoteriFiling they signed
RLRichard Lawson, Jr.Executive Officer, PromoteriFiling they signed
SYShelton Y. SweiManaging MemberiFiling they signed
XWXu WangManageriFiling they signed
We also hold 72 people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.
What the register says
From the firm's own filings with the SEC, which it must file accurately by law
8+funds on filenumbered funds in its name
Who backs their funds
1 LP on record in Sapphire Ventures's funds
- Committed
- $125M
- Funds
- 1
- Vintages
- 2025
The institutions that put money into its funds, which the firm then invests in companies.Source: the pension's own report, latest Jun 2025.
- California State Teachers Retirement System1 fund$125M
Fund Vintage Committed Sapphire Emerging Ventures VII 2025 $125M
Funds they back
1 fund commitment on record
- Managers
- 1
Every fund on record that it has committed money to, and the managers who invest it.Source: an LP list.
Managers it backs most
Most recent commitments
What they claim to have backed
From their own portfolio page (on their website)
60 of 60 we have independently watched raise
23andme6senseActivtrakAdverityAeponaAlationAlfrescoAllyoAnrokApigeeAsksageAuth0AvidxchangeBasetenBetterupBiocatchBlackducksoftwareBlockdaemonBluejBrazeBrettonBrightfieldCaptivateiqCatchpointCazooChaidiscoveryChargebeeCircleciClariCohesityCollectlyConstructorContentfulControl4ConvercentCorpCreatioCriteoCultureampCurrencycloudCurrentCypressDatarobotDefenseunicornsDegreedDocusignDremioElevenlabsEliseaiExabeamFalconxFeedzaiFitbitFive9FloqastGammaGimletlabsGitguardianGleanGorgiasand 124 more
Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.
Exits from the portfolio
Companies it backed that were later bought or listed31 in all
Zend TechnologiesBought by Rogue Wave SoftwareUndisclosedOct 2015
TicketflyBought by Pandora Media$450MOct 2015
VendavoBought by Francisco PartnersUndisclosedOct 2014
JaspersoftBought by TIBCO Software Inc.$185MApr 2014
PayScaleBought by Warburg Pincus$100MApr 2014
Violin MemoryListedUndisclosedAug 2013
Tremor VideoListed$75MJun 2013
AprisoBought by Dassault Systemes$205MMay 2013
Marin SoftwareListed$105MMar 2013
Datria SystemsBought by IntelligratedUndisclosedMar 2013
SocialtextBought by PeoplefluentUndisclosedMay 2012
LogLogicBought by TIBCO Software Inc.$130MApr 2012
EndecaBought by Oracle CorporationUndisclosedOct 2011
Right HemisphereBought by SAPUndisclosedSept 2011
The latest 20 here. An exit counts when it came after the firm's first round in the company. From historical deal records.