Sapphire Ventures
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Sapphire Ventures specializes in scaling B2B software companies from expansion to IPO, often leading $10–50 M growth rounds. With $10B+ managed assets, they bring deep domain expertise in enterprise SaaS and fintech. Their geographically diverse team offers global insights and support. Brands like LinkedIn and DocuSign highlight their track record of backing category leaders.
Fund Size:
~$10.2 B AUM as of early 2025
Average Check Size:
Typically $10M–$50M, with most deals in Series B through IPO (occasional A/A+)
Location:
Palo Alto headquarters; team also in Austin, London, NYC, SF
Stage Focus:
Expansion-stage: Series B to IPO, but sometimes participates in A/A+
Portfolio Focus:
Enterprise SaaS, fintech, data infrastructure, health tech
Household Brands:
LinkedIn, DocuSign, Fitbit, Box, Square (Block), 23andMe
Contact:
Rajeev Dham (Partner) rajeev@sapphireventures.com
Casber Wang (Partner) casber@sapphireventures.com