Investment thesis
Sapphire Ventures invests at expansion stage in post-product-market-fit enterprise software and enterprise AI companies. Founded in 2011 and headquartered in Austin, with offices in San Francisco, Menlo Park and London, it manages more than USD 10bn. The firm takes concentrated, high-conviction positions in a small number of companies each year and helps founders scale go-to-market, operations and leadership, with more than 30 IPOs and 80 exits behind it.
Past investments
| Company | Round | Date | Round size |
|---|---|---|---|
| Upvest Berlin, Germany | Series D+ | Apr 2026 | €108.2M |