Investments
453Portfolio Exits
123Funds
15Partners & Customers
5Service Providers
1About Sapphire Ventures
Sapphire Ventures operates as a venture capital firm with a level focus on enterprise software companies in the technology sector. The company primarily offers financial support and strategic resources to help expansion-stage startups scale and become category leaders. It primarily sells to the enterprise software industry. It was formerly known as SAP Ventures. It was founded in 2011 and is based in Austin, Texas.
Expert Collections containing Sapphire Ventures
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Find Sapphire Ventures in 3 Expert Collections, including Food Waste.
Food Waste
5 items
CB Insights Smart Money Investors
25 items
CB Insights Fintech Smart Money Investors - 2020
25 items
Latest Sapphire Ventures News
Aug 9, 2025
Thats why were bringing this essential conversation to the Going Public Stage at A Technology NewsRoom Disrupt 2025, happening October 27-29 in San Franciscos Moscone West. Whether youre already eyeing a liquidity event or just starting to scale, this is your chance to hear what top VCs are looking for and how to set up your company for long-term success.Two of the best in the business Roseanne Wincek of Renegade Partners and Jai Das of Sapphire Ventures will break down the decision-making process, from when to make a move to how to be ready when the moment comes.Why this session belongs on your calendarStartups can no longer afford to treat exit planning as an afterthought. Between tighter capital markets, shifting investor expectations, and growing regulatory complexity, founders need a smarter playbook and this conversation delivers just that.Youll get real talk on key timing considerations, market signals to watch, and how to structure your business for optionality, whether youre thinking IPO, acquisition, or just keeping your head down and building. Its a candid, high-level look at how the best founders are preparing for every possible outcome.Meet the experts leading this conversationRoseanne Wincek is a venture capitalist, early-stage founder, and co-founder of Renegade Partners. A veteran of IVP and Canaan Partners, shes invested in game-changers like Glossier, MasterClass, Looker, Spekit, and Daily and brings a sharp lens for what makes companies truly ready for scale and exit.Jai Das is co-founder, president, and partner at Sapphire Ventures. Hes led investments in more than a dozen IPOs and two dozen acquisitions, with a deep focus on enterprise tech and AI-driven SaaS. His portfolio includes Netskope, ThoughtSpot, MuleSoft, and CircleCI, among many others.Get in the room where high-impact decisions startA Technology NewsRoom Disrupt 2025 brings together over 10,000 startup and VC leaders from around the world, and this session is your front-row seat to one of the most important conversations founders will face. Register now to get your pass for Disrupt (with savings of up to $600+) and take the guesswork out of your exit strategy.Techcrunch eventSan Francisco|October 27-29, 2025
Sapphire Ventures Investments
453 Investments
Sapphire Ventures has made 453 investments. Their latest investment was in Rain as part of their Series B - III on August 28, 2025.
Sapphire Ventures Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
8/28/2025 | Series B - III | Rain | Yes | Dragonfly, Endeavor Catalyst, Galaxy Ventures, Lightspeed Venture Partners, and Samsung NEXT | 3 | |
8/28/2025 | Series B | Rain | $58M | Yes | Dragonfly, Endeavor Catalyst, Galaxy Ventures, Lightspeed Venture Partners, Norwest Venture Partners, and Samsung NEXT | 4 |
8/20/2025 | Series E | EliseAI | $250M | No | Andreessen Horowitz, Bessemer Venture Partners, Navitas Capital, and Undisclosed Investors | 8 |
7/31/2025 | Series C | |||||
7/25/2025 | Series D |
Date | 8/28/2025 | 8/28/2025 | 8/20/2025 | 7/31/2025 | 7/25/2025 |
|---|---|---|---|---|---|
Round | Series B - III | Series B | Series E | Series C | Series D |
Company | Rain | Rain | EliseAI | ||
Amount | $58M | $250M | |||
New? | Yes | Yes | No | ||
Co-Investors | Dragonfly, Endeavor Catalyst, Galaxy Ventures, Lightspeed Venture Partners, and Samsung NEXT | Dragonfly, Endeavor Catalyst, Galaxy Ventures, Lightspeed Venture Partners, Norwest Venture Partners, and Samsung NEXT | Andreessen Horowitz, Bessemer Venture Partners, Navitas Capital, and Undisclosed Investors | ||
Sources | 3 | 4 | 8 |
Sapphire Ventures Portfolio Exits
123 Portfolio Exits
Sapphire Ventures has 123 portfolio exits. Their latest portfolio exit was Paradox on August 21, 2025.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
8/21/2025 | Acquired | 5 | |||
7/23/2025 | Acquired | 4 | |||
5/1/2025 | Acq - Fin | 6 | |||
Date | 8/21/2025 | 7/23/2025 | 5/1/2025 | ||
|---|---|---|---|---|---|
Exit | Acquired | Acquired | Acq - Fin | ||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 5 | 4 | 6 |
Sapphire Ventures Acquisitions
1 Acquisition
Sapphire Ventures acquired 1 company. Their latest acquisition was BioCatch on May 02, 2024.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
|---|---|---|---|---|---|---|
5/2/2024 | Series C | $211.61M | Acq - Fin | 5 |
Date | 5/2/2024 |
|---|---|
Investment Stage | Series C |
Companies | |
Valuation | |
Total Funding | $211.61M |
Note | Acq - Fin |
Sources | 5 |
Sapphire Ventures Fund History
15 Fund Histories
Sapphire Ventures has 15 funds, including Sapphire Sport Second Fund.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
1/25/2023 | Sapphire Sport Second Fund | $181M | 2 | ||
11/30/2021 | Opportunity Fund III | $2,000M | 2 | ||
11/30/2021 | Sapphire Fund VI | 1 | |||
1/27/2020 | Sapphire Opportunity Fund II | ||||
12/18/2019 | Sapphire Ventures Fund IV LP |
Closing Date | 1/25/2023 | 11/30/2021 | 11/30/2021 | 1/27/2020 | 12/18/2019 |
|---|---|---|---|---|---|
Fund | Sapphire Sport Second Fund | Opportunity Fund III | Sapphire Fund VI | Sapphire Opportunity Fund II | Sapphire Ventures Fund IV LP |
Fund Type | |||||
Status | |||||
Amount | $181M | $2,000M | |||
Sources | 2 | 2 | 1 |
Sapphire Ventures Partners & Customers
5 Partners and customers
Sapphire Ventures has 5 strategic partners and customers. Sapphire Ventures recently partnered with California State Teachers Retirement System on September 9, 2023.
Date | Type | Business Partner | Country | News Snippet | Sources |
|---|---|---|---|---|---|
9/13/2023 | Client | United States | CalSTRS taps Sapphire Partners to manage its new emerging manager VC investments Now , CalSTRS says that one of those partners -- Invesco -- is getting out of this line of business , so it is bringing on Sapphire , the $ 3.6 billion LP arm of enterprise software-focused VC , to manage five funds and $ 1.4 billion in assets focused on emerging managers . | 1 | |
5/22/2018 | Partner | ||||
6/23/2015 | Client | ||||
10/16/2014 | Partner | ||||
Vendor |
Date | 9/13/2023 | 5/22/2018 | 6/23/2015 | 10/16/2014 | |
|---|---|---|---|---|---|
Type | Client | Partner | Client | Partner | Vendor |
Business Partner | |||||
Country | United States | ||||
News Snippet | CalSTRS taps Sapphire Partners to manage its new emerging manager VC investments Now , CalSTRS says that one of those partners -- Invesco -- is getting out of this line of business , so it is bringing on Sapphire , the $ 3.6 billion LP arm of enterprise software-focused VC , to manage five funds and $ 1.4 billion in assets focused on emerging managers . | ||||
Sources | 1 |
Sapphire Ventures Service Providers
1 Service Provider
Sapphire Ventures has 1 service provider relationship
Service Provider | Associated Rounds | Provider Type | Service Type |
|---|---|---|---|
Counsel | General Counsel |
Service Provider | |
|---|---|
Associated Rounds | |
Provider Type | Counsel |
Service Type | General Counsel |
Partnership data by VentureSource
Sapphire Ventures Team
27 Team Members
Sapphire Ventures has 27 team members, including current Founder, President, Jayendra Das.
Name | Work History | Title | Status |
|---|---|---|---|
Jayendra Das | MVC Capital, and Intel Capital | Founder, President | Current |
Name | Jayendra Das | ||||
|---|---|---|---|---|---|
Work History | MVC Capital, and Intel Capital | ||||
Title | Founder, President | ||||
Status | Current |
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