Sapphire Ventures is an investment firm that seeks to partner with outstanding entrepreneurs and leading venture firms worldwide to build global category leaders. It is an independent investment organization. SAP SE, the leading global enterprise software company is a limited partner in Sapphire Ventures.
The firm leverages its relationship with SAP and its ecosystem for the benefit of its portfolio companies and underlying fund managers. It was founded in 1996 as SAP Ventures, became independent of SAP in 2011 and rebranded as Sapphire Ventures in 2014.
Sapphire Ventures has invested in more than 125 companies across five continents.The firm currently manages three direct investment funds: Sapphire Ventures Fund I (US$353 million fund launched in 2011) and Sapphire Ventures Fund II (US$651 million fund) launched in 2013) and Sapphire Ventures Fund II (US$702 million fund) launched in 2016. These funds invest in innovative and disruptive expansion stage companies across the information technology landscape, where a proven product and business model have led to demonstrated customer growth and scaling revenues.
Fund I portfolio companies include LinkedIn, Exact Target, Endeca, On Deck, Criteo, DocuSign, Fitbit and Box. Fund II portfolio companies include Nutanix, Localytics and Looker.The Sapphire Fund Investments Team operates a US$405 million vehicle launched in 2012. The fund invests in early-stage VC fund managers in the U.S. and internationally, as well as early stage start-ups which are focused on the development of real-time technologies that leverage the power of big data as a driver of business value.
Founders: Andreas Weiskam, David Hartwig