VC firm
Sapphire Ventures
Also known as Sapphire Sport, Sapphire Sport II, L.P., Sapphire Sport, L.P., Sapphire Sports, Sapphire Ventures, L.P., Sapphire Ventures, LLC, SportsTech Fund, L.P.
- Investor type
- VC
- Investing status
- Activeas of 2026-09-28Source (opens in a new tab)
- Headquarters
- AUSTIN, TX, United States
- Founded
- 2011
- Assets under management
- $10BStated by firm, as of 2026-09-18Source (opens in a new tab)
- Funds
- 28
- Legal name
- SAPPHIRE VENTURES, LP
- sapphireventures.com (opens in a new tab)
- LinkedIn (opens in a new tab)
- X (opens in a new tab)
- Team page (opens in a new tab)
Record updated 28 September 2026
About
Sapphire Ventures partners with enterprise AI and enterprise software founders, investing with high conviction in a select number of post-product-market fit companies. The firm has over $10B in firmwide assets under management and helps founders scale go-to-market, operations, and leadership. It also runs a fund-of-funds style platform ("Fund Investing") backing other venture funds. It has offices in Austin, Menlo Park, San Francisco, and London.
Investment approach
- Thesis
- Partnering with expansion-stage, enterprise software companies that we believe can become category leaders.Source (opens in a new tab)
- Investing status notes
- Site actively lists current team, open portfolio jobs, and recent 2026 blog posts about new investments.
Funds
- Sapphire Sport II, L.P.
- $178MVintage 2021, Main fund, SEC amount sold
- Sapphire Sport, L.P.
- $115MVintage 2017, Main fund, SEC amount sold
- SAPPHIRE OPPORTUNITY FUND III, L.P.
- Opportunity
- SAPPHIRE OPPORTUNITY FUND IV, L.P.
- Opportunity
- SAPPHIRE VENTURES FUND II, L.P.
- Main fund
- CALSTRS NEW AND NEXT GENERATION MANAGER FUND III, L.P.
- Main fund
- SAPPHIRE VENTURES FUND VII-A, L.P.
- Main fund
- SAPPHIRE FUND INVESTMENTS II, L.P.
- Main fund
- SAPPHIRE OPPORTUNITY FUND II, L.P.
- Opportunity
- SAPPHIRE VENTURES FUND VI, L.P.
- Main fund
- SAPPHIRE SAP HANA FUND OF FUNDS, L.P.
- Main fund
- CALSTRS NEW AND NEXT GENERATION MANAGER FUND V, L.P.
- Main fund
- More funds
- 16 more recorded
SEC registration
- Registered adviser
- SAPPHIRE VENTURES, LP
- CRD number
- 161558 (opens in a new tab)
- SEC file number
- 801-76758
- Registration
- SEC registered
- Regulatory AUM
- $10.4Bas of 2026-07-30
- Private funds reported
- 18
- Principal office
- AUSTIN, TX, United States
- SEC CIK
- 1722609, 1883953
Locations
- Office
- London, United Kingdom
- Office
- Austin, TX, United States
- Office
- Menlo Park, CA, United States
- Office
- San Francisco, CA, United States
Programs
- Newsletter
- OpenLP (opens in a new tab)