Sapphire Ventures
Partnering with expansion-stage, enterprise software companies that we believe can become category leaders.
Sapphire Partners
Limited partner investing in exceptional early-stage venture fund managers.
Sapphire Sport
Partnering with early-stage companies at the nexus of technology and culture.
Menu close
Sapphire
Table of contents
Sapphire Ventures:
2023 Year in Review
Table of contents
Share

THANK YOU

Thank you to our companies, networks, and employees for your partnership, hard work and collaboration.

Here are the Sapphire Ventures highlights of 2023.

By the Numbers

New + Follow-on Investments

M&A Exits

In The News

Our Partners weigh in on this year’s biggest themes.





Beyond the Buzz: Navigating the AI Landscape

Since ChatGPT took the world by storm, GenAI has captured the attention of consumers, businesses and VCs alike. Over the past year, we’ve seen AI represent what we believe to be a profound technology shift. With this in mind, we announced a $1B+ commitment to invest in AI-powered enterprise tech startups. Based on over a decade of AI investing experience, our investors shared their perspectives on GenAI across key publications and top-tier conference stages. Here are a few highlights:

Press Release

Sapphire Ventures Commits $1B+ to Invest in the Next Generation of AI-Powered Enterprise Technology Startups

With $2.4B+ deployed across 60 active AI-focused investments, Sapphire builds on over a decade of data, analytics and AI investing experience

Press Articles

Industry Conferences

An Award Winning Firm + Team



Featured Announcements

Events

We’re thrilled to have taken the stage at some of the world’s top industry conferences.

Startup Resources

Featured Resources 

Sapphire RevX Hub: Accelerate your sustainable and durable growth priorities with research, tools and education to empower your GTM team

2023 KeyBanc Capital Markets & Sapphire Ventures SaaS Survey: A shift towards efficient execution and profitability

GTM Best Practices

Creating a Data-Driven Culture Playbook

Transitioning from Growth at All Costs to Revenue Efficiency: How to Right-Size Inflated Marketing and Sales Spending

Investment Areas of Interest

From Purchase Orders to Boardrooms: Procurement’s Tech Renaissance and Evolution

Vertical(ai) is the New Horizontal

Germany’s Booming Startup Scene, in Berlin and Beyond…

Streaming Wars: Video Security & Video Intelligence Edition

Saas Industry Trends

2023 SaaS Buyers Outlook Report

How Gross Margin and Gross Retention Drive Efficient ARR Growth

Sapphire Ventures 2023 Marquee Summits

Sapphire Ventures Promotions

The work we do would not be possible without the valued contributions of our team. We’re pleased to share the following promotions.

Sapphire Venture Team Promotions

We’re looking forward to a bright 2024 together! 

-Nino Marakovic + Sapphire Ventures Team

Legal disclaimer

By the Numbers: 

“Assets Under Management Across All Vehicles” represents Sapphire’s Regulatory Assets Under Management as of 12/31/2022 per ADV filed March 2023 as well as new commitments made to Sapphire Funds during calendar year 2023; 

“New Investments” represents all Sapphire direct growth strategy investments made by Sapphire’s Growth Strategy during calendar 2023;

“Customer and Partner Introductions” refers to general relationship introductions made by Sapphire and third parties during calendar year 2023. 

“Executive Talent Introductions” refers to relationship introductions made by Sapphire and third parties relating to business objectives during calendar year 2023; 

This article is for informational purposes only. Nothing presented within this article is intended to constitute investment advice, and under no circumstances should any information provided herein be used or considered as an offer to sell or a solicitation of an offer to buy an interest in any investment fund managed by Sapphire. Information provided reflects Sapphires’ views as of a time, whereby such views are subject to change at any point and Sapphire shall not be obligated to provide notice of any change. The quotes set forth herein are from members of current and former Sapphire Ventures’ portfolio companies and other third parties with whom Sapphire Ventures interacts. Statements relate to the nature and type of management services provided by Sapphire Ventures and do not constitute testimonials to Sapphire Ventures’ investment advisory services and no inference to the contrary should be made. Companies mentioned in this article are a representative sample of portfolio companies in which Sapphire has invested in which the author believes such companies fit the objective criteria stated in commentary, which do not reflect all investments made by Sapphire. A complete alphabetical list of Sapphire’s investments made by its direct growth and sports investing strategies is available here. No assumptions should be made that investments listed above were or will be profitable. Due to various risks and uncertainties, actual events, results or the actual experience may differ materially from those reflected or contemplated in these statements. Nothing contained in this virtual event may be relied upon as a guarantee or assurance as to the future success of any particular company. Past performance is not indicative of future results.