DFX Intelligence
Venture Capital Intelligence
Firms, funds, partners, companies and rounds from sworn filings, firm sites and announcements, kept as a graph with a date and a source on every edge. Facts, inferences and estimates are labelled as such. A fund target is never a close, GAV is never dry powder, and a round size is never an investor’s check.
Funds / Sapphire Sport, L.P.
Sapphire Sport, L.P.
Amounts, each with its basis
- Vintage
- 2017basis: form d first sale
- Target
- unknownnot announced
- First close
- unknownnever inferred from a Form D
- Final close
- unknownonly from an announcement or an LP disclosure
- Announced size
- unknown
- Form D offering
- $115Mwhat may be sold, not what was raised; file 021-298720, sworn by the adviser or filed under this vehicle
- Form D sold
- $115Mas of the filing of Dec 14, 2018, 29 investors
- First sale
- Nov 24, 2017
- Reported GAV
- $79.7Mon the Form ADV filed Mar 29, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 27
- Reported on ADV
- Mar 30, 2018 to Mar 29, 2024
Fundraising evidence
Closed to new capital
Form D filed or amended 2018-12-14: the stated $115.0M offering reported fully sold (fr-1)
evidence dated Dec 14, 2018. A Form D offering is permission to sell, not a fund in market; an amount sold is never a close; an evergreen offering amended every year is not a raise.
Lifecycle
Harvest
vintage over 7 years, still reported
age years: 9first sale: 2017-11-24vintage year: $2,017adv gav as of: 2024-03-29vintage basis: form_d_first_saleform d sold usd: $115Mform d offering usd: $115Mform d latest filed at: 2018-12-14
The fund's own reporting through time
12 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 30, 2018 | Venture Capital Fund | $42.3M | 11 | $500,000 | 2% | yes | |
| Jan 15, 2019 | Venture Capital Fund | $42.3M | 11 | $500,000 | 2% | yes | |
| Mar 29, 2019 | Venture Capital Fund | $102M | 27 | $500,000 | 1% | yes | |
| Jun 13, 2019 | Venture Capital Fund | $102M | 27 | $500,000 | 1% | yes | |
| Aug 13, 2019 | Venture Capital Fund | $102M | 27 | $500,000 | 1% | yes | |
| Mar 30, 2020 | Venture Capital Fund | $100M | 27 | $500,000 | 1% | yes | |
| Mar 31, 2021 | Venture Capital Fund | $121M | 27 | $250,000 | 1% | yes | |
| May 6, 2021 | Venture Capital Fund | $121M | 27 | $250,000 | 1% | yes | |
| Mar 30, 2022 | Venture Capital Fund | $155M | 27 | $250,000 | 1% | yes | |
| Aug 31, 2022 | Venture Capital Fund | $155M | 27 | $250,000 | 1% | yes | |
| Mar 30, 2023 | Venture Capital Fund | $123M | 27 | $250,000 | 1% | yes | |
| Mar 29, 2024 | Venture Capital Fund | $79.7M | 27 | $250,000 | 1% | yes |
Principals and agents
8 principals on Form D, 0 placement agents
- Richard Douglas Higgins Director
- Andreas Markus Weiskam Director
- David Armin Hartwig Director
- Nino Nikola Marakovic Director
- Jayendra Nikola Das Director
- SportsTech GPE I, LLC Director
- Sapphire Sport GPE I, LLC Director
- 359 Capital Zero, LLC general partner (ADV 7.B.(1).A.3)
Limited partners and their reported performance
0 public LP reports
No public LP has reported this vehicle. The LP tape is read from public pension disclosures (see Limited partners); a fund appears here only when an LP’s report names it.
Investments attributed to this vehicle
0
No investment attributed to this vehicle. The firm’s investments sit on the firm; a fund gets one only when a source names the vehicle.
Timeline
3 events
- Dec 14, 2018Sapphire Sport, L.P. filed Form D/A: $115,000,000 sold of $115,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
- Mar 30, 2018Sportstech Fund, LP first reported on Form ADV by Sapphire Ventures, LLC (Venture Capital Fund), GAV $42,292,224Fund first reported on Form ADV Fact SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Nov 14, 2017SportsTech Fund, L.P. filed Form D: no sales yet of $100,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
31 observations
Every observation on this vehicle
- Entity type: Limited Partnership Dec 14, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Entity type: Limited Partnership Nov 14, 2017 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Dec 14, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Nov 14, 2017 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Dec 14, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Nov 14, 2017 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: true Dec 14, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Nov 14, 2017 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Dec 14, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Nov 14, 2017 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Dec 14, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Nov 14, 2017 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Dec 14, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Nov 14, 2017 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $115M Dec 14, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $0 Nov 14, 2017 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $115M Dec 14, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $100M Nov 14, 2017 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.1 Dec 14, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.1, 3C.7 Nov 14, 2017 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2017-11-24 Dec 14, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 29 Dec 14, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 0 Nov 14, 2017 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Dec 14, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Nov 14, 2017 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Dec 14, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Nov 14, 2017 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 3408 HILLVIEW AVENUE, BUILDING 5, PALO ALTO, CA, 94304 Dec 14, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 3408 Hillview Avenue, Building 5, c/o Sapphire Ventures, LLC, Palo Alto, CA, 94304 Nov 14, 2017 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2017 Dec 14, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2017 Nov 14, 2017 Fact SEC EDGAR Form D data sets (quarterly)