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.

HarvestClosed to new capitalFundADV: Venture Capital FundSapphire Ventures, LLCDelaware
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
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Mar 30, 2018Venture Capital Fund$42.3M
11$500,0002%yes
Jan 15, 2019Venture Capital Fund$42.3M
11$500,0002%yes
Mar 29, 2019Venture Capital Fund$102M
27$500,0001%yes
Jun 13, 2019Venture Capital Fund$102M
27$500,0001%yes
Aug 13, 2019Venture Capital Fund$102M
27$500,0001%yes
Mar 30, 2020Venture Capital Fund$100M
27$500,0001%yes
Mar 31, 2021Venture Capital Fund$121M
27$250,0001%yes
May 6, 2021Venture Capital Fund$121M
27$250,0001%yes
Mar 30, 2022Venture Capital Fund$155M
27$250,0001%yes
Aug 31, 2022Venture Capital Fund$155M
27$250,0001%yes
Mar 30, 2023Venture Capital Fund$123M
27$250,0001%yes
Mar 29, 2024Venture Capital Fund$79.7M
27$250,0001%yes
Principals and agents
8 principals on Form D, 0 placement agents
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
  1. Dec 14, 2018
    Sapphire Sport, L.P. filed Form D/A: $115,000,000 sold of $115,000,000, Venture Capital Fund
  2. Mar 30, 2018
    Sportstech Fund, LP first reported on Form ADV by Sapphire Ventures, LLC (Venture Capital Fund), GAV $42,292,224
  3. Nov 14, 2017
    SportsTech Fund, L.P. filed Form D: no sales yet of $100,000,000, Venture Capital Fund
Evidence
31 observations
Every observation on this vehicle