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

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Chargebee

Chargebee is the subscription billing and revenue management platform that automates revenue operations of over 3000 high-growth subscription-based businesses from startups to enterprises. Its SaaS platform helps subscription businesses across verticals – SaaS, eCommerce, e-learning, IoT, Publications etc. manage and grow their revenue by automating operations around subscriptions, billing, invoicing, payments and revenue recognition and it provides key metrics, reports and insights into their business. Founded in 2011, Chargebee today includes businesses across 60 countries, like Okta, Freshworks, Calendly and Study.com amongst its customers. Learn more about Chargebee at www.chargebee.com

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Degreed

Degreed is the workforce upskilling platform for one in three Fortune 50 companies. Degreed integrates and curate all the resources people use to learn — including learning management systems and millions of courses, videos, articles, books, and podcasts. Then it uses behavioral and data science to analyze everyone’s skills to automatically personalize career development based on their jobs, strengths, and goals. Founded in 2012, Degreed is headquartered in Pleasanton, California, with additional offices in Salt Lake City, New York, London, Amsterdam, and Brisbane. Learn more about Degreed: Website | YouTube | LinkedIn | Twitter

6Sense CEO Jason Zintak
6Sense

The 6sense Account Engagement Platform helps B2B organizations achieve predictable revenue growth by putting the power of AI, big data, and machine learning behind every member of the revenue team. Led by Jason Zintak , 6sense uncovers anonymous buying behavior, prioritizes accounts for sales and marketing, and enables them to engage resistant buying teams with personalized, multi-channel, multi-touch campaigns. 6sense helps revenue teams know everything they need to know about their buyers so they can easily do anything needed to generate more opportunities, increase deal size, get into opportunities sooner, and compete and win more often.

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SafeGraph

SafeGraph builds truth sets for physical places, powering analytics at leading organizations like Ares Management, Sysco, Goldman Sachs, Verizon Media and the CDC. SafeGraph’s high-precision places data covers business listings, building footprints, and aggregated foot traffic data for millions of points of interest (POI) and thousands of brands in the US and Canada. With detailed brand affiliation, spatial hierarchy, and other key business details, SafeGraph data informs market analytics, investment research, site selection, and more. To learn more or try it for yourself, visit: safegraph.com

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Tetrate

Started by Istio founders to reimagine application networking, Tetrate is the enterprise service mesh company managing the complexity of modern, hybrid cloud application infrastructure. Its flagship product, Tetrate Service Bridge, provides a comprehensive, enterprise-ready service mesh platform built for multi-cluster, multitenancy, and multi-cloud deployments. Customers get consistent, baked-in observability, runtime security and traffic management in any environment. Tetrate remains a top contributor to the open source projects Istio and Envoy Proxy, and is creator and maintainer of the open source projects GetIstio and GetEnvoy. Its experts provide best practices and playbooks that enterprises can use to keep their people and processes ahead of the curve.

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Privacera

Privacera’s SaaS-based data security and governance platform enables analytics teams to access data without compromising compliance with regulations such as GDPR, CCPA, LGPD, and HIPAA. Privacera provides a single pane of glass for securing sensitive data across multiple cloud services such as AWS, Azure, Databricks, GCP, and Snowflake. Privacera’s platform is utilized by Fortune 500 customers across finance, insurance, retail, media, and consumer industries to automate sensitive data discovery and easily manage high-fidelity policy management at petabyte scale on-prem and in the cloud. Headquartered in Fremont, California, Privacera was founded in 2016 by the creators of Apache Ranger™ and Apache Atlas™.

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BetterUp

BetterUp is the global leader in mobile-based professional coaching, counseling and mentorship. BetterUp combines coaching with AI technology and behavioral science to deliver personalized behavior change at scale, improving the wellbeing, adaptability and effectiveness of the workforce. With a network of over 2,000 coaches, BetterUp offers coaching in 49 languages across 66 countries. Used by more than 300 companies, BetterUp drives transformational behavior change, resulting in improved business outcomes across organizations and inspires professionals everywhere to pursue their lives with greater clarity, purpose and passion.

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OwnBackup

OwnBackup, the leading cloud-to-cloud backup and restore platform, provides secure, automated, daily backups of SaaS and PaaS data, as well as sophisticated data compare and restore tools for disaster recovery. Helping nearly 3,000 businesses worldwide protect critical cloud data, OwnBackup covers data loss and corruption caused by human errors, malicious intent, integration errors, and rogue applications. Headquartered in Englewood Cliffs, N.J., with R&D, support, and other functions in Tel Aviv and London, OwnBackup is the solution of choice for some of the world’s largest users of SaaS applications.

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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.

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

Reimagining the Workforce Upskilling Experience: Why We’re Excited to Co-Lead Degreed’s Series D

Degreed is built on peoples’ innate drive to learn, grow, advance and improve themselves by giving them the tools and skills they need to progress—degree by degree. That’s why Sapphire Ventures couldn’t be more thrilled to back Degreed and lead the company’s $153 million Series D round.

The Rise of AB”X” and the RevTech Revolution: Why We’re Backing 6sense

Here's why we're excited to partner with 6sense, a visionary company that’s driving the RevTech category by shifting the narrative away from ABM to Account-Based Everything (ABX).

Transforming Lives Through Fitness, Health and Wellness: Why Sapphire is Thrilled to Once Again Back Tonal

We’re excited to announce today that Sapphire Sport and Sapphire Ventures have teamed up to back Tonal in their Series E financing.