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

monday.com CEOs
monday.com

monday.com is a team management platform designed to connect people to processes while creating an environment of transparency in business. As a web-based SaaS company, monday.com facilitates a more efficient and intuitive way to manage teams and entire operations.

Highspot CEO
Highspot

Highspot gives businesses a powerful competitive advantage to have more relevant buyer conversations and achieve revenue goals. Through AI-powered search, analytics, in-context training, guided selling, and 50+ technology integrations, the Highspot platform delivers enterprise-ready sales enablement in a modern design that sales reps and marketers love.

AllyO
AllyO

AllyO is an AI technology company with a simple mission – make recruiting delightful and efficient for everyone. It addresses the traditional inefficiencies of lost applicants and conversions by utilizing deeply conversational AI to fully automate an end-to-end recruiting workflow. AllyO is used by Fortune 500 enterprises that have experienced a 2+X increase in applicant capture and conversion rate, significantly greater application completion rate and reductions in cost- and time-to-hire.

Exabeam CEO
Exabeam

Exabeam is the Smarter SIEM™ company. Exabeam empowers enterprises to detect, investigate and respond to cyberattacks more efficiently so their security operations and insider threat teams can work smarter. Security organizations no longer have to live with excessive logging fees, missed distributed attacks and unknown threats, or manual investigations and remediation. With the Exabeam Security Management Platform, analysts can collect unlimited log data, use behavioral analytics to detect attacks, and automate incident response, both on-premises or in the cloud.

Alation CEO
Alation

Alation’s enterprise collaborative data platform empowers employees inside of data-driven enterprises to find, understand, and use the right data for better, faster business decisions. Alation combines the power of machine learning with human insight to automatically capture information about what the data describes, where the data comes from, who’s using it and how it’s used.

DataRobot CEO
DataRobot

DataRobot offers an enterprise machine learning platform that empowers users of all skill levels to develop and deploy machine learning and AI faster. Incorporating a library of hundreds of the most powerful open source machine learning algorithms, the DataRobot platform automates, trains, and evaluates models in parallel, delivering AI applications at scale. DataRobot provides the fastest path to AI success for organizations of all sizes.

Pendo CEO
Pendo

Pendo is a product cloud that provides user insight, user guidance and user communication for digital product teams. With Pendo, these product teams can understand product usage, collect feedback, measure NPS, onboard users, and announce new features in app—all without requiring engineering resources.

Outreach CEO
Outreach

Outreach, the leading customer engagement platform, automates and prioritizes customer touch points throughout the customer lifecycle, resulting in increased productivity for revenue teams. Thousands of customers rely on Outreach to increase efficiency and effectiveness of reps, drive collaboration between sales, marketing, and success, and deliver revenue lift.

Auth0 CEO
Auth0

Auth0, a global leader in Identity-as-a-Service (IDaaS), provides thousands of enterprise customers with a Universal Identity Platform for their web, mobile, IoT, and internal applications. Its extensible platform seamlessly authenticates and secures more than 1.5B logins per month, making it loved by developers and trusted by global enterprises.

By the Numbers

$2.5B+

Assets Under Management

20

IPOs

35+

M&A exits

60+

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 more or less) 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

Monday is our New Favorite Day: Why monday.com and Sapphire Chose to Partner

We’re excited to lead monday.com’s Series D financing round and work with Roy Mann, Eran Zinman and the rest of the very special team on building the next generational SaaS business

Congratulations Livongo, a True Company of Consequence

We’re thrilled about Livongo achieving their latest milestone of going public! After such an accomplishment, it’s always fun and important to look back at the journey

AllyO: Helping you win the Talent War with Boring AI (Artificial Intelligence)

We believe AllyO is the perfect example of the real value of AI, which is replacing boring, repetitive tasks that a recruiter does not particular enjoy, and then mining the data to not only connect candidates to the most appropriate jobs, but also making sure that the candidates who become employees are productive and satisfied over time.