Sapphire Ventures
801 W. 5th St.Austin, TX 78703
Website: sapphireventures.com
Firm Size
- Assets Under Management (AUM):$10.8 Billion
- Number of Funds:24
- Employees:86
- Firm Type:Venture Capital
- Focus Areas:
Software & Technology
Description
Sapphire Ventures, LLC is a venture capital firm based in Austin, Texas. The company primarily invests in early-stage and growth-stage technology companies across various industries. It is known for its focus on enterprise software, data analytics, and emerging technologies. Sapphire Ventures aims to provide capital, strategic resources, and expertise to help startups scale and achieve long-term success. With a team of experienced professionals, the firm offers guidance and support in areas such as business development, operations, and go-to-market strategies. The company is affiliated with SAP, a multinational software corporation, and leverages its global network and resources to identify investment opportunities. Sapphire Ventures has a global presence and invests in companies from around the world. Its portfolio includes notable companies such as Alteryx, Box, Nutanix, and Square. In addition to its investment activities, Sapphire Ventures also hosts events and provides industry insights through its blog and research reports. The firm actively collaborates with entrepreneurs, corporate partners, and other investors to foster innovation and drive positive change in the technology landscape. Overall, Sapphire Ventures, LLC is a prominent venture capital firm in Austin, Texas, that specializes in early-stage and growth-stage technology companies. With its strategic investments and support, it strives to accelerate the growth and success of innovative startups in the ever-evolving tech industry.Latest News
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Jun 17, 2024: Constructor Raises $25M Series B Led by Sapphire Ventures, Tripling Valuation to $550M
Constructor , the leading AI-powered product discovery and search platform for enterprise ecommerce companies, today announced that it has closed a $25 million Series B round, bringing the company's valuation to $550 million . This marks a nearly triple valuation since its 2021 Series A and brings total funds raised to date to more than $85 million . Sapphire Ventures led the round with participation from existing investor Silversmith Capital Partners . With this new capital, Constructor will continue to accelerate product development and innovation — applying the cutting-edge clickstream-based AI it pioneered to further improve ecommerce product discovery — and continue its rapid international expansion.
May 02, 2024: Permira to Acquire Majority Position in BioCatch at $1.3bn Valuation
BioCatch (the "Company"), the global leader in digital fraud detection and financial crime prevention powered by behavioral biometric intelligence, today announced that Permira Growth Opportunities II (the "Fund"), a fund advised by global private equity firm Permira, has agreed to acquire a majority position in the Company. Alongside the Fund's investment, existing shareholders Sapphire Ventures and Macquarie Capital will also increase their investments in BioCatch. The transaction is expected to accelerate the Company's global expansion, advance its innovative product roadmap and support its continued overall growth.
Dec 18, 2023: KeyBanc Capital Markets and Sapphire Ventures Private SaaS Company Survey Reveals Pivot to Efficient Growth and Profitability
KeyBanc Capital Markets (KBCM), the corporate and investment banking unit of KeyCorp in partnership with Sapphire Ventures, a global software venture capital firm backing companies of consequence, released results from KBCM's Technology Group's 14 th annual Private SaaS Company Survey, the benchmarking report by which the SaaS industry measures financial and operating performance.
Aug 09, 2023: Weights & Biases Raises $50 Million Round Led by Daniel Gross and Nat Friedman, Announces W&B Prompts
Weights & Biases, the leading end-to-end MLOps platform, today announced both the close of a strategic investment of $50 million at a $1.25 billion valuation and the launch of W&B Prompts. The round was led by Daniel Gross and Nat Friedman , with additional participation from Sapphire Ventures. The round also includes participation from existing investors, including Coatue, Insight Partners, Felicis, BOND and BloombergBeta.
Jul 18, 2023: SAP Advances Vision of Business AI with Investments in Aleph Alpha, Anthropic and Cohere to Complement $1+ Billion AI Commitment from Sapphire Ventures
SAP SE (NYSE: SAP) today announced the next step in its commitment to deliver Business AI that's relevant, reliable and responsible, making strategic investments in three leading generative AI companies. The investments in Aleph Alpha GmbH, Anthropic PBC and Cohere reinforce SAP's open ecosystem approach to AI, leveraging the best technology to embed AI across the SAP® portfolio. They build on a series of AI partnerships and enterprise use cases announced in May . They complement a US$1+ billion commitment to invest in AI-powered enterprise technology startups from Sapphire Ventures LLC announced last week .