Sapphire Ventures, LLC
Sapphire Ventures partners with enterprise AI founders building companies of consequence.
In the firm's own words, from its website.
70 additional team members, 37 additional co-investors and affiliates, 174 additional investments, funds and LPs, 50 events, 51 verified contacts (50 professional url, 1 firm phone)
Every relationship, signal and contact on this record, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
What matters now
- 1 vehicleon Form D, 18 months
$1.54B reported sold so far.
A Form D is filed when a vehicle takes its first money, so these are open to LPs now.
- 5 companiesnew in 12 months
5 new companies in the last 12 months.
A firm writing cheques this quarter is one a founder can pitch now.
- 3 companiesportfolio raising
3 portfolio companies have new financing on record in 6 months without this firm named on the round; the latest on 28 Aug 2026 ($550M sold on Form D).
A portfolio company raising again is a follow-on decision for the firm and a co-investment opening for others.
- 13 dealswith Sequoia Capital
Invests most often alongside Sequoia Capital (13 shared deals) and Institutional Venture (12 shared deals).
pair last observed on record 1 Oct 2026, not a deal date · The firms it syndicates with are the likeliest to see the same deals and to fill out its rounds.
Measuredshared rounds and portfolio companies on recordFor Founders building a round, co-investorsCo-investors → - 3 of 3enter at Series B+
Enters mostly at Series B or later: 3 of 3 first entries on record.
rounds to 11 Feb 2026 · Tells a founder whether their round is one this firm writes.
People to know
View all people- PartnerWhy: Partner: part of the investment decisionNo route on file yet
- PartnerWhy: Partner: part of the investment decisionNo route on file yet
- Managing Member, Partner, Chief Executive OfficerWhy: Runs the firm (chief executive or president)No route on file yet
Relationship network
301 connected entities24 observed rounds6 repeat counterparties4 dated rounds shown here, 2011 to 2023
From financing rounds and every investor named in them, Form ADV and Form D filings, the firm's funds and team, and disclosed LP commitments in the venture capital graph. A round's amount is the size of the round, not money that moved between two investors.
Some relationships on this record are counted rather than named here. They open with the full profile.
Click any name or line for the rounds and sources behind it. Line weight is rounds together; dashed lines are inferred.
- Sponsor
- Company
- Capital provider
- Fund or vehicle
- Person
›How strength and recency are read
Co-investors are read from the rounds: three or more shared rounds is a strong observed relationship, two a repeat co-investor, one a single round. Funds and people are structural. Nothing is scored that a reader cannot check.
Darker lines were active in the last 24 months or are current; lighter lines are older or undated.
How am I connected?
Name your firm, a company or a person, and DFX finds the published routes to Sapphire Ventures, LLC: a shared portfolio company or board, a prior employer, a co-investor, a shared LP or service provider. Every step is a filed or published record with its source; none is a guess about who knows whom.
See how you connect to Sapphire Ventures, LLC
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Investing
146 companies on record, 5 new in 12 months
Investments on record
What these amounts mean“This investor” is the amount disclosed for this investor alone; it is unknown unless a source said it. The round size is the whole round.Acquired, Public, Exited and Active are what the firm’s own portfolio card says, read on the date shown when you hover the chip; they are not deal dates. A company with no chip is one whose card states no outcome: DFX does not assume it is active.| Company | Round | Role | Partner | Round size | This investor | Date | Source |
|---|---|---|---|---|---|---|---|
| Sun Basket | portfolio listing | lead | unknown | unknown | unknown | Oct 1, 2026 | Fact Company website |
| 23andMe | portfolio listing | unknown | unknown | unknown | unknown | Sep 30, 2026 | Fact Firm website |
| 6sense | portfolio listing | unknown | unknown | unknown | unknown | Sep 30, 2026 | Fact Firm website |
Stated thesis versus observed behaviour
- Sectors
- ai, enterprise software, biotech
- Stages
- not stated or not yet read
- Geography
- austin
- Check size
- not stated; DFX does not estimate checks from round sizes
Team
71 current, 9 departed
Decision makers
- Anders Ranum · PartnerWhy this person: Partner: part of the investment decision; Named with investment responsibility
- Andreas Weiskam · PartnerWhy this person: Partner: part of the investment decision; Named with investment responsibility
- Nino Nikola Marakovic · Managing Member, Partner, Chief Executive OfficerWhy this person: Runs the firm (chief executive or president); Named with investment responsibility
Ranked by the role the firm or its filing states, a route on file and deals led. Every reason is read from the record, never inferred. Routes are published by the person or the firm (their bio, the team page or a filing) and are revealed on a plan; data bought from a provider is never shown, and a route printed at a firm the person has since left is held back.
Investment team
How the team is orderedPartners who lead rounds first (rounds led, then deals attributed, then seniority), then the rest of the investment team, then investor relations, finance and operations. A person named by two sources under two spellings is shown once.- Managing Member, Partner, Chief Executive Officer · 1 deal attributed
- Partner · 3 deals attributed
- Partner · 1 deal attributed
9 departed (kept with end dates)
- Aviram [nmn] Branitzky · Managing Member · Feb 1, 2014 to Mar 30, 2020 Inference
- Steven Dwight Abbott · Managing Member And Chief Operating Officer · Jan 1, 2015 to Mar 30, 2020 Inference
- Andreas Markus Weiskam · Managing Director · Jan 1, 2011 to Mar 30, 2020 Inference
Contacts
1 firm phone, 50 professional url on record, each with its source. Values open with the complete profile.
Funds and LPs
29 vehicles, 1 LPs disclosed
Funds and vehicles
What these amounts meanGAV is the gross asset value the adviser reported on Form ADV for the vehicle, never the fund’s committed size and never dry powder. Form D sold is the amount sold as of the latest filing, never a final close.| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Sapphire Ventures Fund VII, L.P. | Fund | 2025 form d first sale | Fundraising | $74.6M Jul 30, 2026 | 3 | $1.5B | Aug 20, 2026 |
| Sapphire Emerging Ventures VII | Fund | 2025 lp reported | Early deployment | unknown | unknown | unknown | unknown |
| Calstrs New and Next Generation Manager Fund III, L.P. | Fund | 2024 adv first reported | Early deployment | $349M Mar 29, 2024 | 2 | unknown | unknown |
Limited partners
- 2 commitments to 2 funds · $463M disclosed
Known LPs and allocators
What these amounts and dates areEach commitment is counted once across the pension tape and the allocator graph. A commitment date prints only when the source printed one; otherwise the row carries the report date. A foundation’s 990-PF line is a holding at fair value, never a commitment. Rows without a fund on the venture graph are commitments to this manager.| Allocator | Type | Fund | Amount | Date | Source |
|---|---|---|---|---|---|
| California State Teachers' Retirement System | STATE RETIREMENT SYSTEM | Calstrs New and Next Generation Manager Fund IV, L.P. | $338M committed | reported as of Jun 30, 2025 | Fact Pension disclosure |
| California State Teachers' Retirement System | STATE RETIREMENT SYSTEM | Sapphire Emerging Ventures VII | $125M committed | reported as of Jun 30, 2025 | Fact Pension disclosure |
| California State Teachers' Retirement System | STATE RETIREMENT SYSTEM | Calstrs New and Next Generation Manager Fund I, L.P. | $100M committed | reported as of Jun 30, 2025 | Fact Pension disclosure |
Relationships across DFX
184 co-investors · on 2 other DFX graphs
Co-investors
- 2026-10-0113 shared deals · very strong
- 2026-10-0112 shared deals · very strong
- 2026-09-309 shared deals · very strong
Across DFX and the capital chainon 2 other DFX graphs · 18 capital paths ShowHide
- The same institution is held on Allocators, RIA and Wealth, matched by identifier. See which records
Sapphire Ventures, LLC is the same institution as 2 records in Allocators and RIA and Wealth.
DFX found 2 relationships across 2 datasets
Which record it is in each graph, what it is called there, and how the two were matched.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Checking your plan…
Sapphire Ventures, LLC sits on 18 traced paths of capital across the graphs.
DFX traced 18 paths of capital through this record
Every record on each path, what it committed or lent, and as of when.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.
Checking your plan…
Evidence and history
55 dated events, 91 observations from 4 sources
Timeline
- Jul 30, 2026Sapphire Opportunity Fund IV, L.P. first reported on Form ADV by Sapphire Ventures, LLC (Venture Capital Fund), GAV $164,211,115
- Jul 30, 2026Sapphire Opportunity Fund Iv-B, L.P. first reported on Form ADV by Sapphire Ventures, LLC (Venture Capital Fund), GAV $25,083,795
- Jul 30, 2026Sapphire Ventures Fund VII, L.P. first reported on Form ADV by Sapphire Ventures, LLC (Venture Capital Fund), GAV $23,674,541
- Jul 30, 2026Sapphire Ventures Fund Vii-B, L.P. first reported on Form ADV by Sapphire Ventures, LLC (Venture Capital Fund), GAV $5,341,513
- Aug 22, 2025Sapphire Ventures, LLC filed the first Form D for Sapphire Ventures Fund VII, L.P. (fund 7), its next fund after Sapphire Ventures Fund VI, L.P. (vintage 2022)
Identity and regulatory footprint
Address, phone, Form ADV filing and ownersForm ADV filed Jul 30, 2026 · 18 private fundsShowHide
- Headquarters
- Austin, TXadviserinfo.sec.gov
- Office address
- unknownadviserinfo.sec.gov
- Business phone
- unknownadviserinfo.sec.gov
- Website
- SAPPHIREVENTURES.COM
- SEC adviser type
- Registered investment adviseradviserinfo.sec.gov
- SEC exemption claimed
- unknown
- Latest Form ADV
- Jul 30, 2026
- Private funds reported
- 18 (18 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets, adviser total
- $8.2Badviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- Regulatory AUM
- $10Bthe adviser's RAUM, a regulatory measure, never a fund size
- Employees
- 72
Classification history
Classification history
Every classification this record has carried4 on recordShowHide
- Sep 23, 2026Multi-stage venture firm (probable, 80%)Both early and growth/opportunity families, reported GAV $9.9B
- Sep 15, 2026Multi-stage venture firm (probable, 80%)Both early and growth/opportunity families, reported GAV $10.8B
- Sep 13, 2026Multi-stage venture firm (probable, 80%)Both early and growth/opportunity families, reported GAV $10.0B
- Sep 12, 2026Multi-stage venture firm (probable, 80%)Both early and growth/opportunity families, reported GAV $10.1B
Evidence
Every observation behind this profile, with its source, date and class
| Fact | Value | Effective | Class | Source |
|---|---|---|---|---|
| Why admitted | VC funds reported | Jul 30, 2026 | Fact | Form ADV |
| SEC adviser type | Registered investment adviser | Jul 30, 2026 | Fact | Form ADV |
| SEC adviser type | Registered investment adviser | Jul 30, 2026 | Fact | Form ADV |
| SEC adviser type | Registered investment adviser | Mar 29, 2024 | Fact | Form ADV |
| First Form ADV filing | 2012-03-15 | Jul 30, 2026 | Fact | Form ADV |
| First Form ADV filing | 2012-03-15 | Mar 29, 2024 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-30 | Oct 1, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-29 | Sep 30, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-25 | Sep 26, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-23 | Sep 24, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-21 | Sep 23, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-22 | Sep 23, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1 | Sep 12, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2026-07-30 | Jul 30, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2026-07-30 | Jul 30, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2024-03-29 | Mar 29, 2024 | Fact | Form ADV |
| SEC status | Approved | Jul 30, 2026 | Fact | Form ADV |
| SEC status effective | 2012-06-29 | Jul 30, 2026 | Fact | Form ADV |
| Venture share of reported funds | 1 | Jul 30, 2026 | Fact | Form ADV |
| Venture share of reported funds | 1 | Mar 29, 2024 | Fact | Form ADV |
| Business phone | Jul 30, 2026 | Fact | Form ADV | |
| Business phone | Mar 29, 2024 | Fact | Form ADV | |
| Contact page url | Sep 30, 2026 | Fact | ||
| Contact page url | Sep 16, 2026 | Fact | ||
| Description | Sep 30, 2026 | Fact | ||
| Description | Sep 16, 2026 | Fact | ||
| Description | Sep 13, 2026 | Fact | ||
| Employees | 72 | Jul 30, 2026 | Fact | Form ADV |
| Employees | 86 | Mar 29, 2024 | Fact | Form ADV |
| Headquarters | Austin, TX | Jul 30, 2026 | Fact | Form ADV |
| Headquarters | Austin, TX | Mar 29, 2024 | Fact | Form ADV |
| Office address | Jul 30, 2026 | Fact | Form ADV | |
| Office address | Mar 29, 2024 | Fact | Form ADV | |
| Legal form | Limited Partnership | Jul 30, 2026 | Fact | Form ADV |
| Portfolio page | Sep 30, 2026 | Fact | ||
| Portfolio page | Sep 16, 2026 | Fact | ||
| Portfolio page | Sep 13, 2026 | Fact | ||
| Private funds reported | 18 | Jul 30, 2026 | Fact | Form ADV |
| Private funds reported | 18 | Jul 30, 2026 | Fact | Form ADV |
| Private funds reported | 24 | Mar 29, 2024 | Fact | Form ADV |
| Private fund gross assets (reported) | $8.2B | Jul 30, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $8.2B | Jul 30, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $11B | Mar 29, 2024 | Fact | Form ADV |
| Regulatory AUM (adviser, not fund size) | $10B | Jul 30, 2026 | Fact | Form ADV |
| Regulatory AUM (adviser, not fund size) | $11B | Mar 29, 2024 | Fact | Form ADV |
| Schedule a diff | sadiff-1 | Jul 30, 2026 | Fact | Form ADV |
| Stated geography | austin “geography words on the home page” | Sep 30, 2026 | Fact | |
| Stated geography | austin “geography words on the home page” | Sep 16, 2026 | Fact | |
| Stated geography | austin “geography words on the home page” | Sep 13, 2026 | Fact | |
| Stated sectors | AI, enterprise software, biotech “sector words on the home page” | Sep 30, 2026 | Fact | |
| Stated sectors | AI, enterprise software, biotech “sector words on the home page” | Sep 16, 2026 | Fact | |
| Stated sectors | AI, enterprise software, biotech “sector words on the home page” | Sep 13, 2026 | Fact | |
| Team page | Sep 30, 2026 | Fact | ||
| Team page | Sep 16, 2026 | Fact | ||
| Team page | Sep 13, 2026 | Fact | ||
| Venture funds reported | 18 | Jul 30, 2026 | Fact | Form ADV |
| Venture funds reported | 18 | Jul 30, 2026 | Fact | Form ADV |
| Venture funds reported | 24 | Mar 29, 2024 | Fact | Form ADV |
| Website | Sep 12, 2026 | Fact | Form ADV | |
| Website | Mar 29, 2024 | Fact | Form ADV | |
| Site title | Sep 30, 2026 | Fact | ||
| Site title | Sep 16, 2026 | Fact | ||
| Site title | Sep 13, 2026 | Fact |
How this is scored
Scores, classification basis and filing advisersMulti-stage venture firm, probableShowHide
Both early and growth/opportunity families, reported GAV $9.9B
- importance
- gav: 0.88 · funds: 1 · people: 1 · investments: 0.83 · co investors: 0.91
- active deployment
- investments 12m: 0.63 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 1 · latest investment at: 2026-06-11
- emerging manager
- fund count: 29 · reported gav: $8.2B · first adv filing: 2012-03-15 · years since first filing: 14.5
Fits, record history and connections
scored matches for this investor, every identity change, every edge
Fits
- score 46.6confidence 90%Why: stage fit; activity; cap table
- score 39.9confidence 90%Why: stage fit; activity; cap table
- score 39.9confidence 90%Why: stage fit; activity; cap table
+10 more scored matches
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Scored by DFX match engines from the record's observed portfolio, stage, geography and recent activity. A fit is a reason to look, not a mandate; the blockers say what the model could not confirm. Names and the evidence sentences show with the names on this page.
Record history
- LP commitment disclosed2025-06-30source on record
- Adviser's first ADV filing2012-03-15source on record
The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.