Sapphire Ventures

---
aid: sapphire-ventures
name: Sapphire Ventures
description: >-
  Sapphire Ventures is a global software venture capital firm that partners with
  expansion-stage enterprise technology companies it believes can become category
  leaders. Originally founded in 1996 as the venture arm of SAP, the firm spun out
  as an independent company in 2011 and rebranded to Sapphire Ventures in 2014.
  Sapphire manages over $10 billion in assets under management and typically invests
  Series B through IPO, with check sizes commonly ranging from roughly $2M to $30M,
  while its Sapphire Sport and Sapphire Partners arms address early-stage sports/media
  and fund investing respectively. The firm concentrates on Enterprise AI and B2B
  software, including data and analytics, cybersecurity, DevOps and developer tools,
  fintech, health tech, and vertical SaaS. Headquartered in Austin, Texas, with offices
  in San Francisco, Menlo Park, New York, and London, Sapphire backs companies of
  consequence and supports them with a large platform team that drives executive talent
  and customer introductions. The portfolio spans 30+ IPOs and 80+ exits including
  DocuSign, Square, Wise, monday.com, JFrog, Auth0, MuleSoft, and LinkedIn.
x-type: venture-capital
x-category: Growth Equity
tags:
  - Venture Capital
  - Growth Equity
  - Enterprise Software
  - Enterprise AI
  - Series B
  - Cybersecurity
  - Fintech
  - Data & Analytics
  - DevOps
  - North America
  - Europe
deliveryModel:
  model: unknown
  open_source: false
  commercial: false
  callable_host: false
  label: Delivery model not determined — needs a product licence on record
  confidence: low
  source:
  - none
  generated: '2026-08-28'
  method: derived
accessModel:
  pricing: unknown
  onboarding: unknown
  trial: false
  try_now: false
  public: false
  label: Unknown
  confidence: low
  source: []
  generated: '2026-07-22'
  method: derived
image: https://sapphireventures.com/wp-content/uploads/2021/06/sapphire-logo.png
created: '2026-07-17'
modified: '2026-07-17'
specificationVersion: '0.23'
apis: []
common:
  - type: Website
    url: https://sapphireventures.com/
  - type: Portfolio
    url: https://sapphireventures.com/companies/
  - type: Portfolio
    url: portfolio/sapphire-ventures-portfolio.yml
  - type: Team
    url: https://sapphireventures.com/team/
  - type: InvestmentThesis
    url: https://sapphireventures.com/platform
  - type: Blog
    url: https://sapphireventures.com/perspectives/
  - type: News
    url: https://sapphireventures.com/newsroom/
  - type: Newsletter
    url: https://sapphireventures.com/perspectives/
  - type: Podcast
    url: https://sapphireventures.com/perspectives/
  - type: Contact
    url: https://sapphireventures.com/contact/
  - type: Jobs
    url: https://jobs.sapphireventures.com/jobs
  - type: LinkedIn
    url: https://www.linkedin.com/company/sapphirevc/
  - type: Twitter
    url: https://twitter.com/SapphireVC
  - type: Crunchbase
    url: https://www.crunchbase.com/organization/sapphire-ventures
  - type: Features
    data:
      - 'Stage: Series B through IPO (growth/expansion stage)'
      - 'Typical check: ~$2M-$30M'
      - 'Sectors: enterprise AI, B2B SaaS, cybersecurity, data & analytics, DevOps, fintech, health tech, vertical SaaS'
      - 'Geography: North America, Europe'
      - 'AUM: $10B+ (self-reported, as of Dec 31, 2024)'
      - 'Founded: 2011 (spun out of SAP; SAP Ventures founded 1996)'
      - 'HQ: Austin, TX (offices in San Francisco, Menlo Park, New York, London)'
      - 'Track record: 30+ IPOs, 80+ exits'
    sources:
      - https://sapphireventures.com/
      - https://en.wikipedia.org/wiki/Sapphire_Ventures
    updated: '2026-07-17'
maintainers:
  - FN: Kin Lane
    email: info@apievangelist.com
    url: https://apievangelist.com
  - FN: APIs.json
    url: http://apisjson.org
  - FN: Sapphire Ventures
    url: https://sapphireventures.com