Sapphire Ventures was founded in 1996 originally as SAP Ventures. The company rebranded to Sapphire Ventures in 2014. Sapphire Ventures is a venture capital company that invests in growth-stage technology companies and early-stage venture funds globally.
As of December 2019, the company manages approximately $4 billion in assets and operates in the US, Europe, India, and Israel.
In December 2019, the company raised $1.4 billion for new investments. The company’s portfolio includes 23andMe, TransferWise, and Sumo Logic.
Sapphire Ventures maintains a corporate office in Palo Alto, California.