# Sapphire Ventures

> Sapphire Ventures is a technology-focused venture firm that makes concentrated growth-stage investments in enterprise AI and software companies, backs early-stage venture managers through its fund-investing strategy, and helps portfolio leaders recruit executives, meet customers and sharpen go-to-market operations. Its model links direct investing, fund investing and operating support across a network that the firm reports has more than $10 billion in assets under management.

- **Founded:** 1996
- **Headquarters:** Menlo Park, United States
- **Founders:** Nino Marakovic (Co-founder, CEO and Partner), Jai Das (Co-founder, President and Partner)
- **Team size:** 51-200 employees
- **Products:** Growth-stage direct investing, Sapphire Partners, Portfolio Growth platform, Sapphire Sport, Sapphire Communities
- **Notable:** Reports more than $10 billion in firmwide assets under management as of June 2026., Reports 30+ IPOs and 80+ total exits from its direct growth strategy since 2011 through June 2025., Reports an 82 CEO NPS score from surveyed portfolio executives as of April 2024.

## Products & services

- **Growth-stage direct investing** — Concentrated investments in post-product-market-fit enterprise software and AI companies, with support from expansion through public-market readiness.
- **Sapphire Partners** — An LP strategy investing in early-stage venture funds and emerging managers in the United States, Europe and Israel.
- **Portfolio Growth platform** — Customer and partner introductions, executive talent connections, operating benchmarks, peer communities and go-to-market support for portfolio leaders.
- **Sapphire Sport** — An early-stage investment strategy launched for technology at the intersection of sports, media and entertainment.
- **Sapphire Communities** — Peer and practitioner networks connecting portfolio executives, Global 2000 decision-makers and cloud-company leaders around operating disciplines.
- **OpenLP** — A resource and community initiative intended to explain the limited-partner perspective to venture fund managers.

## Achievements

- Reports more than $10 billion in firmwide assets under management as of June 2026.
- Reports 30+ IPOs and 80+ total exits from its direct growth strategy since 2011 through June 2025.
- Reports an 82 CEO NPS score from surveyed portfolio executives as of April 2024.
- Reports 360+ annual executive talent introductions and 360+ annual customer and partner introductions.
- Sapphire Partners and the CalSTRS manager platform had partnered with about 300 funds across their combined history by September 2023.
- Portfolio companies and historical investments include Glean, Cyera, Temporal, Grafana Labs, Huntress, 23andMe, Fitbit, Alteryx and Wise.
- Netskope completed its public-market debut in 2025, while several portfolio companies reached strategic acquisitions that year.

## Latest updates

- **2026-07** — Sapphire published research on AI-driven drug development and announced an investment in Chai Discovery.
- **2026-04** — The firm highlighted vertical AI as a high-conviction theme, especially in fragmented and operationally complex markets.
- **2026-02** — Sapphire announced backing for Temporal and led Bretton AI's Series B, extending its focus on agent infrastructure and financial-crime operations.
- **2026-01** — The firm co-led Onebrief's $200 million Series D and published its 2025 review, including Netskope's IPO and multiple portfolio acquisitions.
- **2025-12** — Sapphire's 2026 outlook argued that AI agents were moving into production and that software pricing was shifting toward hybrid platform-and-consumption models.

## Links

- Website: https://sapphireventures.com
- LinkedIn: https://www.linkedin.com/company/sapphirevc
- Twitter/X: https://twitter.com/SapphireVC
- YouTube: https://www.youtube.com/channel/UCU15ELvJ1AcdL-c_-n_JCjQ
- Facebook: https://www.facebook.com/sapphirevc/

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Profile page: https://yespress.io/sapphire-ventures
Published by YesPress — https://yespress.io
Last updated: 2026-08-16