Sapphire Ventures

Congratulations to our portfolio company Own Company, the industry leader for SaaS data protection and activation, on signing a definitive agreement to join the Salesforce team! 🚀 Own helps ensure the availability, security, and compliance of an organization’s data while also making it easier for companies like Zoom, Coupa, Crocs, Schneider Electric, and others to gather actionable insights. We couldn’t be more excited for CEO Sam Gutmann and the entire Own team as they embark on this next chapter of growth. Congratulations again from all of us at Sapphire Ventures! 👏👏👏 Read more about the news in the comments. #VC #CompaniesofConsequence #OwnData

A much deserved congratulations to Elizabeth Arnsdorf Patterson and Tiffany Chandra for being recognized among the top ⭐100 VC Talent Superstars ⭐ in Cory Bolotsky's latest newsletter! 🎉   We're incredibly proud of their dedication to delivering ungettable GTM talent to our portfolio companies and are excited to see their continued influence across the industry.   #VCTalent #WomeninVC

Congratulations to Glean CEO Arvind Jain and the entire team on the $260M Series E! 🚀 Glean first started by solving one of the biggest productivity bottlenecks—finding information across various tools. The company has since expanded beyond enterprise search, powering AI-driven workflows, content generation, and even custom app creation to help teams work more efficiently. And now as part of today’s news, Glean is delivering new prompting features that further make automation and AI-driven solutions smarter and more accessible across the workplace. We’re proud to back Glean, the ultimate Work AI platform, on its journey to redefine the future of work with AI! Read more about the news and why we’re excited to partner with Glean in the comments.👇 CC: Rajeev Dham, Jai Das, Casber Wang, Demi Obayomi, Adam Liu, & Andrew Slade #CompaniesofConsequence #WorkAI #GenAI

The true power of AI lies in its ability to tackle essential, everyday tasks that often go unnoticed. 👀 Sapphire Ventures Partner Andreas Weiskam sheds light on this understated yet powerful realm of "boring AI"—the kind that doesn’t grab headlines but quietly revolutionizes industries. Andreas points out that AI’s real potential is unlocked when it’s deeply integrated into a company’s core operations, delivering immediate and tangible returns. 👉 Read the full article by Sifted’s Sadia Nowshin: https://lnkd.in/gKFZyu84  💯 Explore the B2B SaaS Rising 100 list: https://lnkd.in/eRzhnNcu  ⬇️ And download the report for a deeper dive: https://lnkd.in/eJvFEbhZ #AI #Sifted #AIStartups

Congratulations to monday.com on reaching the $1B ARR milestone! 👏 Joining the ranks of only a select few SaaS companies that have achieved this incredible feat. 🚀 We're fortunate to have been a part of the growth journey and can’t wait to see what the future holds for the monday.com team. Onward and upward!

Congratulations to Supio co-founders Jerry Zhou, Kyle Lam and the entire team on the $25 million Series A! 💫 Personal injury and mass tort cases struggle with the complex and expensive task of analyzing medical and legal data, causing significant delays—days, months, or even years—that leave vulnerable plaintiffs uncompensated. Supio is improving this process with its AI-powered platform, automating data analysis and translating it into actionable insights for legal teams. Leveraging LLMs within a secure environment, Supio provides real-time, accurate support, streamlining the entire litigation lifecycle. We’re proud to back Supio, a pioneering AI-first company tackling a massive industry challenge and empowering attorneys to focus on what they do best, taking on cases and delivering justice to clients. Read more about the news in the comments. ⬇ CC: Rajeev Dham, Nino Marakovic, Jason Brooke & Andrew Vogeley #CompaniesofConsequence #AI #LegalAI

📢 Recently released: Our July Market Memo 📝 The Sapphire Strategy Team has created in-depth monthly market memos for the past two years for our LPs and community members to share their extensive take on the VC funding environment, market dynamics and the interesting trends and themes shaping the ecosystem. For the first time, we’ve decided to share these insights publicly for the broader startup and venture community. The July market memo covers: 💰 VC Funding Insights: July saw $24B invested across 1.7K deals—a modest 1% increase in capital and a 35% decline in deal count YoY. 📉 AI Hype Cycle: Are we approaching Gartner’s "Trough of Disillusionment"? We look into the evolving sentiment around AI and its investment implications. 🏦 Earnings Calls Highlights: How major tech companies are thinking about their CapEx strategies and continuing to invest in AI infrastructure. 🚪 Leadership Transitions: The recent wave of executive departures from AI startups and its broader implications for the ecosystem. 📉 Market Trends: AI stocks have seen steep declines with only partial recovery—what does this mean for early AI beneficiaries? Take a look at the complete market memo at the link in the comments. ⬇ CC: Kevin Burke & Jake DellaPasqua #VentureCapital #MarketTrends

Defense tech startups today face a daunting challenge: navigating lengthy military procurement cycles while racing against the clock to secure venture capital. The result? Many struggle to survive while awaiting contracts that are critical to their future. Sapphire Ventures President, Partner, and Co-Founder Jai Das shared his perspective with The Wall Street Journal Reporter Marc Vartabedian on how recent collaborations between startups and the Defense Department are helping to bridge this gap. Read the article linked in the comments for insights into how startups like Little Place Labs are navigating the landscape. #DefenseTech #Startups #VentureCapital

No-code, visual, and collaborative user interfaces have made design accessible to everyone, not just the pros. 🧑🎨AI is set to supercharge this transformation, taking creativity to the next level. In our latest blog, Sapphire Ventures’ Jane Lee, Shatakshi Mohan, and Rajeev Dham dive into the impact of AI on the design industry and what excites us most about the future of the space, spotlighting startups across video, 3D, web, and industrial design. Check out our market map below and read the blog linked in the comments.👇 And thank you to Amar Hanspal, Grant Lee, Julian Park, and Sergiy Nesterenko for sharing their insights with us about the immense potential of AI across various design disciplines. #DesignTools #DesignStartups

Recently, we were thrilled to participate in Black Women On Boards’ “Fueling Innovation” event at Lucid Motors in Silicon Valley, bringing together a remarkable and diverse group of executives and board members. 🤝 Our very own Elizabeth Arnsdorf Patterson, People and Talent Partner at Sapphire Ventures, joined a powerhouse panel with fellow talent leaders including David Belden from Andreessen Horowitz, Dianna Renea Jones from Uber, and Jenny Kang from Battery Ventures to discuss the evolving talent landscape for both operators and board members. Thank you to BWOB for bringing this group together and to Elizabeth Arnsdorf Patterson for championing this impactful partnership! #VC #BWOB #innovation #leadership #lucidair