Sapphire Closes Growth-Focused Technology Funds, At Nearly $2 Billion

Sapphire Ventures, a global investment firm closed Sapphire Ventures Fund VI, LP and associated co-investment vehicles, at nearly $2 Billion.

The new capital will allow the firm to continue to ramp investments in Series B through late-stage enterprise technology companies in the U.S., Europe and Israel. The new closing brings the firm’s AUM to $8.8 billion.

With the new capital raise, Sapphire will continue to make investments across the lifecycle of companies in its core sectors including:

Enterprise SaaS,
Infrastructure Software,
Fintech,
Healthcare-IT, and
Crypto-infrastructure, among others.

Nino Marakovic, CEO of Sapphire Ventures

Led by Nino Marakovic, CEO, Partner and Co-Founder, and Jai Das, President, Partner and Co-Founder, Sapphire Sapphire is a global technology-focused venture capital firm with team members across Austin, London, New York, Palo Alto and San Francisco. Since its founding, Sapphire has invested in more than 170 companies globally resulting in more than 30 IPOs and 45 acquisitions. The firm’s investment strategies — Sapphire Ventures, Sapphire Partners and Sapphire Sport — are focused on scaling companies and venture funds, elevating them to become category leaders. A global team of more than 40 investment and Portfolio Growth professionals work collaboratively to partner with growth companies in key industry sectors.

Sapphire’s new London-based team is led by founding Partner Andreas Weiskam. Since 2012, Weiskam has driven the firm’s European and Israeli investment activities, which include investments in companies such as Cazoo, Criteo, JFrog, monday.com and Wise, among others. Sapphire Europe has a total of seven team members with plans to add multiple new team members in the coming year.

The firm also expanded its leadership team with the following appointments: