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GrowthEst. 1996

Sapphire Ventures

3 AI companies in their portfolio

🇺🇸USA·Jai Das, Andreas Weiskam, Rajeev Batra

$11B

Awaira Score

out of 100

AI, Enterprise, Cloud is where Sapphire Ventures places their bets. They typically invest at the Growth stage. With $11B under management, they've got the firepower to write big checks. They've backed 3 AI companies so far.

Investment Strategy Analysis

Sapphire Ventures deploys capital from USA with a clear mandate in AI, Enterprise, Cloud. The firm primarily targets Growth opportunities, positioning it to capture value at a specific inflection point in company growth. Managing $11B across 3 known investments suggests a concentrated, high-conviction approach to AI investing. The firm holds a solid position among tracked AI investors, with room to grow its footprint in the ecosystem.

Score

75/100

AUM

$11B

Portfolio Size

3

Founded

1996

Stage Focus

Growth

Country

🇺🇸 USA

$11B

Total capital managed

3

Companies backed

Growth

Preferred investment stage

Sum of all tracked company valuations

$265.4B

AIEnterpriseCloud

About Sapphire Ventures

Sapphire Ventures is a growth-stage investment firm founded in 1996, headquartered in USA, managing approximately $11B in assets under management. The firm concentrates on AI, Enterprise, Cloud, deploying capital primarily at the growth level. Notable AI portfolio companies include Square, Fitbit, Box. Sapphire Ventures has participated in 48 funding rounds tracked by Awaira, deploying capital across AI, Enterprise, Cloud sectors. The firm's investment strategy emphasizes enterprise infrastructure and cloud-native AI solutions. Awaira assigns Sapphire Ventures an investor score of 75/100 based on portfolio strength, AI sector exposure, and market activity. The firm investment thesis centers on identifying AI companies that demonstrate strong technical moats, clear paths to revenue, and potential for category leadership within their respective segments. Sapphire Ventures evaluates opportunities based on team quality, market timing, technology differentiation, and capital efficiency. Portfolio companies including Square, Fitbit, Box reflect the firm emphasis on backing founders who combine deep technical expertise with commercial execution capability.

Founded: 1996

Enterprise AI
7
AI Infrastructure
3
AI Security
2
AI Data
2
Foundation Models
2
AI Dev Tools
1

Portfolio Metrics

Companies

17

Categories

6

Top Sector

Enterprise AI (7)

Avg Score

80/100

Bessemer Venture Partners (17)Accel (15)Sequoia Capital (8)Benchmark (4)Greenoaks Capital (4)Norwest Venture Partners (3)Tiger Global (3)Cornerstone Ventures (2)

Rounds Led(10)

Series DLead Investor

May 2025

$300M

Series BLead Investor

Apr 2023

$221M

Series DLead Investor

Jan 2023

$300M

Series ALead Investor

Jan 2023

$20M

Series BLead Investor

Jul 2022

$35M

Series CLead Investor

Jun 2022

$200M

Series CLead Investor

Jan 2022

$154M

Series ELead Investor

Jan 2022

$150M

Series CLead Investor

Apr 2021

$150M

Series BLead Investor

Jan 2021

$40M

Sapphire Ventures is a growth-stage investment firm founded in 1996, headquartered in USA, managing approximately $11B in assets under management. The firm concentrates on AI, Enterprise, Cloud, deploying capital primarily at the growth level. Notable AI portfolio companies include Square, Fitbit, Box. Sapphire Ventures has participated in 48 funding rounds tracked by Awaira, deploying capital across AI, Enterprise, Cloud sectors. The firm's investment strategy emphasizes enterprise infrastructure and cloud-native AI solutions. Awaira assigns Sapphire Ventures an investor score of 75/100 based on portfolio strength, AI sector exposure, and market activity. The firm investment thesis centers on identifying AI companies that demonstrate strong technical moats, clear paths to revenue, and potential for category leadership within their respective segments. Sapphire Ventures evaluates opportunities based on team quality, market timing, technology differentiation, and capital efficiency. Portfolio companies including Square, Fitbit, Box reflect the firm emphasis on backing founders who combine deep technical expertise with commercial execution capability.

Jai Das, Andreas Weiskam, Rajeev Batra

Investment Track Record

AUM

$11B

Notable Deal

Sapphire Ventures is a growth-stage investment fir...

Founded

1996

Stage

Growth

Sapphire Ventures manages $11B, deploying capital with conviction into AI opportunities that match their thesis.

Frequently Asked Questions

What is Sapphire Ventures's AUM?
The firm manages around $11B. That capital backs Sapphire Ventures's thesis across AI companies — from early-stage rounds through growth-stage follow-ons.
What sectors does Sapphire Ventures focus on?
Sapphire Ventures concentrates on AI, Enterprise, Cloud. That focus has shaped a portfolio of companies building at the intersection of these areas.
How many portfolio companies does Sapphire Ventures have?
Sapphire Ventures has backed at least 3 AI companies that Awaira tracks. Venture portfolios often include undisclosed bets, so the true count could be larger.
What stage does Sapphire Ventures invest in?
Most of Sapphire Ventures's capital goes into Growth rounds. This stage preference aligns with their fund structure and return expectations.
What is Sapphire Ventures's most notable investment?
Among Sapphire Ventures's portfolio, the standout deal is Sapphire Ventures is a growth-stage investment firm founded in 1996, headquartered in USA, managing approximately $11B in assets under management. The firm concentrates on AI, Enterprise, Cloud, deploying capital primarily at the growth level. Notable AI portfolio companies include Square, Fitbit, Box. Sapphire Ventures has participated in 48 funding rounds tracked by Awaira, deploying capital across AI, Enterprise, Cloud sectors. The firm's investment strategy emphasizes enterprise infrastructure and cloud-native AI solutions. Awaira assigns Sapphire Ventures an investor score of 75/100 based on portfolio strength, AI sector exposure, and market activity. The firm investment thesis centers on identifying AI companies that demonstrate strong technical moats, clear paths to revenue, and potential for category leadership within their respective segments. Sapphire Ventures evaluates opportunities based on team quality, market timing, technology differentiation, and capital efficiency. Portfolio companies including Square, Fitbit, Box reflect the firm emphasis on backing founders who combine deep technical expertise with commercial execution capability.. This investment reflects the firm's broader strategy and risk appetite in the AI market.