Sapphire Ventures
Sapphire is global software venture capital firm with $11B+ in AUM and team members across Austin, London, Menlo Park and San Francisco. For more than two decades, Sapphire has partnered with visionary teams and venture funds to help scale companies of consequence. Since its founding, Sapphire has invested in more than 200+ companies globally resul
Investment focus
Sapphire Ventures's portfolio on More Capital spans enterprise software, cybersecurity, artificial intelligence, data & analytics. The firm is based in Menlo Park, California, United States. Of the 30 portfolio companies tracked here, 27 have publicly reported valuations totaling approximately $468B.
If your company is backed by Sapphire Ventures
Employees at companies backed by Sapphire Ventures may encounter this fund's name on their cap table, in board communications, or in funding announcements. Understanding who invests in your employer can provide useful context when evaluating your equity.
What this means for your stock
Institutional investors like Sapphire Ventures typically hold preferred shares with rights that differ from the common stock or options held by employees. In a liquidity event, preferred shareholders may have liquidation preferences, anti-dilution protections, or board-level governance rights that affect the value of common equity. The specific terms depend on each company's funding agreements.
Secondary market considerations
Some venture-backed companies allow employees to sell shares on secondary markets, while others restrict transfers. Whether your company permits secondary sales, and under what conditions, is typically governed by the company's equity plan and any applicable right-of-first-refusal provisions — not by the fund itself. However, the presence of institutional investors can sometimes signal the maturity and governance structure of the company.
Sapphire Ventures portfolio companies
30 companies tracked on More Capital, sorted by reported valuation. 3 companies do not have a publicly reported valuation.
Top holdings by valuation
By sector
Cybersecurity (6)
Latest Sapphire Ventures news
Industries invested in
Frequent co-investors
Funds that most frequently co-invest alongside Sapphire Ventures in the same companies.
Last verified: 2026-08-26
Portfolio data compiled from public filings, press releases, and industry databases. Valuations are reported figures and may not reflect current market conditions. Not investment advice. Consult a qualified advisor before making financial decisions.