Sapphire Ventures is a prominent venture capital firm that focuses on investing in expansion-stage companies, particularly in the enterprise technology sector. Established in 1996 as the venture capital arm of SAP, it became an independent entity in 2011 and rebranded in 2014. The firm is led by CEO Nino Marakovic and a team of experienced professionals. With approximately $10.0 billion in assets under management as of March 2023, Sapphire Ventures has invested in over 170 companies globally, resulting in more than 30 public listings and 45 acquisitions. The firm employs various investment strategies, including Sapphire Sport and Sapphire Partners, to provide capital, strategic guidance, and operational expertise to entrepreneurs. It also leverages SAP's extensive network of over 261,000 customers, including a significant portion of the Global Fortune 500, to support its portfolio companies. Sapphire Ventures is headquartered in Menlo Park, California, and has a global presence across five continents.