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

Latest-Investments-CEOs-Gem
Gem

Gem’s modern recruiting platform helps businesses attract top talent through custom, automated outreach and gain insight into their candidate pipeline to improve hiring speed, quality, and diversity. Companies like Square, Twilio, Cisco, and Lyft are leveraging Gem to 5x their recruiting productivity, 2x their conversion of interested candidates, and reduce their time-to-hire by more than 20%. In the past year, Gem grew revenue 3x, doubled its customers base, and received a 4.9/5.0 rating from users on G2 Crowd.

Latest-Investments-CEOs-Blockdaemon
Blockdaemon

Blockdaemon is a leading independent blockchain node infrastructure to stake, scale, and deploy nodes with institutional-grade security and monitoring. Supporting 40+ cutting edge blockchain networks in the cloud and on bare metal servers globally, Blockdaemon is used by exchanges, custodians, crypto platforms, financial institutions and developers to connect commercial stakeholders to blockchains. Blockdaemon powers the blockchain economy by simplifying the process of deploying nodes and creating scalable enterprise blockchain solutions.

Latest-Investments-CEOs-Jumpcloud
JumpCloud

JumpCloud’s mission is to Make Work Happen® by providing people secure access to the resources they need to do their jobs. The JumpCloud Directory Platform gives IT, security operations, and DevOps a single, cloud-based solution to control and manage employee identities, their devices, and apply Zero Trust principles.

JumpCloud has a global user base of more than 100,000 organizations, with nearly 5,000 customers including Cars.com, GoFundMe, Grab, ClassPass, Uplight, Beyond Finance, and Foursquare.

Latest-Investments-CEOs-Involve
Involve.ai

involve.ai is the first customer intelligence platform designed to help customer success and sales professionals unify all their customer data, predict who will churn and grow, and do it with accuracy using our early warning dashboard. involve.ai is located in Santa Monica, California, and with team members in San Diego, San Francisco, Austin, New Delhi, Manilla, and St. Petersburg, Russia. To learn more about involve.ai, visit https://www.involve.ai.

TaxBit

Designed by CPAs and tax attorneys, TaxBit is the tax and accounting solution for the digital economy. TaxBit’s customers include the world’s top exchanges, institutional investors, governments, and individuals. As the first and only company to build real-time ERP accounting software for commodities, equities, and other digital asset investments, TaxBit provides enterprise clients with seamless end-to-end solutions including core accounting suite, customer management suite, and form issuance.

Latest-Investments-CEOs-FalconX
FalconX

FalconX is a cryptocurrency financial services company that facilitates trading, credit, and clearing for institutions. FalconX has offices in Silicon Valley, Chicago, Bengaluru, and Malta. For more information visit falconx.io.

Latest-Investments-CEOs-Yellow
Yellow.ai

Yellow.ai is the world’s leading Conversational AI and CX Automation Platform, recognized by Gartner, IDC, and G2 crowd as a leader. The platform is trusted across 50+ countries by 700+ enterprises. Weaving in the best of AI and human intelligence to automate customer and employee experience, the company aims to democratize AI through its no-code/low-code bot builders, omnichannel virtual assistants, and ticketing automation suite.

Latest-Investments-CEOs-Mercury
Mercury

Mercury is building full-stack banking for startups, including FDIC-insured bank accounts, physical & virtual debit cards, domestic & international wires, and integrations with the tools your startup uses. Plus we offer premium features like API access, custom team management, and much more. And you can connect to top investors through Mercury Raise, helping early-stage founders raise seed rounds. Launched in 2019, Mercury is based in the Silicon Valley. Head to mercury.com/signup to apply in minutes, from anywhere.

Latest-Investments-CEOs-Yapily
Yapily

Yapily is an Open Banking infrastructure provider, allowing companies to seamlessly access financial data and initiate payments. Designed and built for Open Finance, Yapily enables better and fairer financial products for everyone. The company has raised $68.4m in funding to date, and provides infrastructure for industry leaders including American Express, Intuit Quickbooks, Moneyfarm, and BUX. Headquartered in London, U.K., Yapily employs over 90 people and continues to scale rapidly.

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

Decarbonizing the Future: Why Sapphire is Excited about B2B Software Powering the Transition

Entrepreneurs are building next gen decarbonization technologies, and key stakeholders are turning up the heat, pressuring the world’s largest companies to begin to decarbonize. Along with hard-tech, we believe that a whole suite of software tools will help power the decarbonized economy.

The Ultimate Platform for Modern Recruiting: Why We’re Excited to Back Gem

Today, we’re thrilled to announce our investment in Gem, which allows modern recruiting teams to reach candidates at scale, much like how sales and marketing teams engage with prospective customers.

Building Better Infrastructure for Digital Assets: Why We’re Excited about FalconX, Blockdaemon, TaxBit & Tesseract

As crypto continues to increase in popularity, a very real infrastructure gap is emerging. Sapphire is thrilled to back B2B crypto startups closing the crypto infrastructure gap.