Sapphire Ventures:
Investing in high-growth, expansion-stage technology companies across the globe.

Startups—whether enterprise or consumer-focused—face similar challenges when they get to the expansion and later stages. They need the support of experienced, focused and deep-pocketed investors who can help them stay competitive for the long haul. That’s where we come in.

We strive to partner with extraordinary entrepreneurs to help them build industry-leading businesses. Drawing on our global relationships, experience in growing technology companies, and our portfolio of Portfolio Growth services, we’ll do everything we can to help you rapidly scale. Our approach is collaborative, agile and efficient, providing support when you need it.

Latest Investments

DREMIO-Latest-Investments-CEOs
Dremio

Dremio reimagines the data lake service to deliver fast time to analytics, eliminating the need for expensive proprietary systems by providing data warehouse functionality and beyond. Dremio eliminates the need to copy and move data to proprietary data warehouses or create cubes, aggregation tables and BI extracts, providing flexibility and control for Data Architects, and self-service for Data Consumers. Founded in 2015, Dremio is headquartered in Santa Clara, CA.

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Gorgias

Gorgias helps independent ecommerce brands turn their support center into a profit center. By centralizing customer interactions and automating responses to repetitive questions, support agents will become sales associates who spend more time on meaningful, profitable interactions with customers.

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Current

Current is a leading U.S. challenger bank serving the needs of people who have been overlooked by traditional banks. Current has a mission to improve financial outcomes and a commitment to providing its members faster and better access to their money with early direct deposits, free overdraft, points for cash back and access to free ATMs nationwide. Its proprietary Current Core technology allows Current to provide banking services without overdraft fees, minimum balance requirements, or hidden fees. Stuart Sopp founded the company in 2015 and is based in New York City.

Latest-Investments-CEO-Verbit
Verbit

Verbit is a leading interactive transcription and captioning solution. Verbit’s in-house, AI-based technology is able to transform both live and recorded video and audio into 99% accurate captions and transcripts for the higher education, legal, media and enterprise industries. The combination of Verbit’s in-house ASR (Automated Speech Recognition) technology with human transcribers provides a competitive advantage and quick turnaround times. Verbit offers accuracy, scale and customization that professionals and students depend on for ADA, FCC and privacy compliance. Users are provided with domain expertise, top technology, 24/7 support and a tailor-made solution for individual customer needs. As a result, businesses, legal agencies and universities can increase operational capacity, provide accessibility and serve more clients and students.

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Medable

Medable is on a mission to get effective therapies to patients faster by transforming clinical drug development with disruptive technologies. The company’s digital platform streamlines design, recruitment, retention and data quality for decentralized trials, replacing siloed systems with integrated digital tools, data and interfaces to accelerate trial execution. Medable connects patients, sites and clinical trial teams to improve patient access, experience, and outcomes.

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ActivTrak

ActivTrak helps companies unlock productivity potential. Its award-winning workforce analytics and productivity management software provides expert insights that empower people, optimize processes, and maximize technology. Additionally, with data sourced from more than 8,000 customers and over 100,000 users, ActivTrak’s Workforce Productivity Lab is a global center for ground-breaking research and expertise that helps companies embrace and embody the future of work.

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StackHawk

StackHawk, an application security SaaS startup in Denver, CO, empowers engineers to easily find and fix application security bugs at any stage of software development. With a strong founding team that has deep experience in security and DevOps, and some of the best venture investors in the business, StackHawk is putting application security testing into the hands of engineers.

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Restream

Restream is the leading multiplatform live streaming service, combining a professional-grade streaming studio — including branded live streams, analytics, and audience engagement tools — with the ability to stream simultaneously to 30+ top social platforms, including YouTube, Facebook, Twitter, LinkedIn, Twitch, and more. Founded in Ukraine in 2015, Restream’s user base has expanded from gamers to a diverse and massive community of 2M+ creators including Fortune 500’s, technology companies, SMB’s, media & entertainment firms, politicians, celebrities, influencers, and many more. Restream has a global community in 80+ countries with headquarters in Austin, Texas, and a tech & product team in Kyiv, Ukraine.

UJET

UJET is propelling customer experience into the modern age by empowering support organizations to create intelligent workflows, make data actionable, and create a modern business model where organizations have the tools and technology they need to create an immersive, engaging, and one-of-a-kind experience for their customers. UJET is trusted by customer-centric, innovative enterprises including Google, Instacart, Green Dot Corporation, and iZettle, a PayPal service, to automate contact center processes and provide superior experiences that drive higher customer satisfaction.

Uptycs

Uptycs provides a SaaS and on-prem SQL-powered security analytics platform for security analysts, site reliability engineers, incident response teams, and IT professionals to observe and secure their productivity endpoints (macOS, Windows), server endpoints (Linux, containers) and cloud providers (AWS). By modeling the domain of endpoint and cloud security using relational database techniques and real-time pipeline processing, Uptycs provides an innovative security observability platform for accelerated time to insight. A growing number of enterprises are using Uptycs SaaS and on-prem for comprehensive security visibility at scale. Common use cases include intrusion detection, incident investigation, and audit and compliance.

Adverity Management
Adverity

Adverity is a data intelligence platform enabling data-driven marketers to reduce complexity and deliver value by translating data into actionable insight. By automating the integration of hundreds of data sources, the Adverity’s platform provides a single view of marketing performance across the business, revealing the tangible business impact of marketing activities and uncovering real-time opportunities to automate growth, using AI.

Podium Executives
Podium

Podium is a customer messaging platform that enables companies with a local presence to connect with their customers at critical touchpoints to help them strengthen their business. By facilitating millions of customer interactions, such as driving customer-generated online reviews and providing improved customer messaging tools, Podium serves more than 45,000 local businesses in the United States, Canada and Australia.

By the Numbers

~$4B

Assets Under Management

20+

IPOs

35+

M&A exits

50+

Active Investments

Investment Criteria

Product/Market Fit & Company Stage

We look for companies with demonstrated product and market fit and revenue momentum.

This generally means you have at least $5 million to $10 million (or more) in annualized revenue and a record of strong returns on sales and marketing investments.

Check Size & Scope

We typically invest $10 to $50 million (with flexibility to invest less or up to $100 million) as part of our initial investment. We have substantial additional capacity for follow-on investments.

We prefer to lead financing rounds in which we initially participate; although we will consider co-investment roles as part of larger fundraises.

Ongoing Partnership

Like us, you are ambitious and passionate about building a great team and product. You are looking for an investor that will play a consistent and collaborative role.

We prefer to assume board positions and remain actively involved in the companies we fund.

News & Perspectives

Democratizing Data Insights with a Next-Generation Data Lake Engine: Why Sapphire Ventures is Excited to Partner with Dremio

We’re thrilled to share that Sapphire Ventures is leading Dremio’s $135 million Series D funding round, which catapults the firm to unicorn status.

Congratulations to Sumo Logic on the IPO! And for Revolutionizing DevSecOps with Continuous Intelligence

Today is another exciting day at Sapphire Ventures! Sumo Logic (SUMO), a leader in continuous intelligence and one of our portfolio companies, became a company of consequence and went public on the NASDAQ Stock Market.

Congratulations to JFrog! An Iconic IPO that Highlights the Coming-of-Age of DevOps

Today is an incredibly exciting day at Sapphire Ventures. Our portfolio company JFrog (FROG), which is transforming how enterprises manage and release software updates, went public on the NASDAQ Stock Market.