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Sapphire Ventures

Growth-stage software-focused VC investing in AI-driven enterprise SaaS. Spun out of SAP. Portfolio includes Square, …

Active VC 🇺🇸 United States · Menlo Park, United States · Since 2011
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Portfolio Active
14
Latest DataRobot
Deal flow
$2.6B
10 rounds
Unicorns
6
≥ $1B valuation
Founded
2011
15 yrs
Latest
May 2026
Mercury

About Sapphire Ventures

Growth-stage software-focused VC investing in AI-driven enterprise SaaS. Spun out of SAP. Portfolio includes Square, LinkedIn, Sumo Logic, and JFrog.

Investment activity

2018–2026
$100M
$206M
$320M
$678.1M
$200M
$220M
$415M
$350M
1
'18
1
'19
1
'20
4
'21
1
'23
3
'24
4
'25
2
'26

Portfolio

14

Co-investors

8

Recent rounds

10
May 20, 2026 Series D $200M Mercury
Apr 29, 2026 Series D $150M Hightouch
Oct 15, 2025 Series C $55M Anrok
Aug 16, 2025 Series E $250M EliseAI
Apr 30, 2025 Series B $60M Lead Supio
Feb 11, 2025 Series C $50M GitGuardian
Dec 5, 2024 Series C $120M Lead Tractian
Aug 14, 2024 Series D $75M Lead EliseAI
Aug 1, 2024 Series A $25M Lead Supio
May 10, 2023 Series D $200M Mercury