Investment adviser · CRD 161558

SAPPHIRE VENTURES, LP

Investment adviser filing (IA)

AUSTIN, TX, United States · Form ADV filed Jul 30, 2026

Regulatory AUM
$10.4B
Form ADV · Item 5.F
Client accounts
18
Accounts, not individual clients
Employees
72
Reported in this filing
Advisory professionals
22
Investment advisory functions

Who they report serving

Form ADV · Item 5.D

Client types and their share of reported regulatory assets.

Client typeClientsRegulatory assetsShare of AUM
Pooled investment vehicles18$10,442,887,960100.0%
Filing source

Form ADV 2123070 · Jul 30, 2026 · Item 5.D

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Private funds & service providers

29 Private funds

The count excludes feeder funds. Funds in the latest filing appear first, ordered by reported gross assets. Earlier funds retain their last reported values.

SAPPHIRE VENTURES FUND VI, L.P.Venture Capital Fund · Last reported Jul 30, 2026$2.2BGross asset value
Fund administrator SEI OAKS, Pennsylvania, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor BDO USA, P.C. SAN FRANCISCO, California, United States
Custodian J.P. MORGAN SECURITIES LLC NEW YORK, New York, United States Related to adviser: No
Custodian MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED SAN FRANCISCO, California, United States Related to adviser: No
Custodian SILICON VALLEY BANK MENLO PARK, California, United States Related to adviser: No
Prime broker MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED SAN FRANCISCO, California, United States
Prime broker MORGAN STANLEY MENLO PARK, California, United States
Provider details
Annual audit
Yes
Prime brokers
Yes
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

BDO USA, P.C.
PCAOB 243

J.P. MORGAN SECURITIES LLC
SEC 8-35008

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
SEC 8-7221

SILICON VALLEY BANK
LEI 0K2D5AK28EO5CC06E35

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
CRD 7691 · SEC 8-7221

MORGAN STANLEY
CRD 149777 · SEC 8-68191

Fund details & source
Fund ID
805-4516032437
Reported beneficial owners
3
Minimum commitment
$1.75B

Form ADV 2123070 · Jul 30, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

SAPPHIRE VENTURES FUND V, L.P.Venture Capital Fund · Last reported Jul 30, 2026$1.13BGross asset value
Fund administrator SEI OAKS, Pennsylvania, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor BDO USA, P.C. SAN FRANCISCO, California, United States
Custodian GOLDMAN SACHS & CO. LLC NEW YORK, New York, United States Related to adviser: No
Custodian J.P. MORGAN SECURITIES LLC NEW YORK, New York, United States Related to adviser: No
Custodian MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED SAN FRANCISCO, California, United States Related to adviser: No
Custodian MORGAN STANLEY SMITH BARNEY LLC MENLO PARK, California, United States Related to adviser: No
Custodian SILICON VALLEY BANK MENLO PARK, California, United States Related to adviser: No
Prime broker GOLDMAN SACHS & CO. LLC NEW YORK, New York, United States
Prime broker MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED SAN FRANCISCO, California, United States
Prime broker MORGAN STANLEY MENLO PARK, California, United States
Provider details
Annual audit
Yes
Prime brokers
Yes
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

BDO USA, P.C.
PCAOB 243

GOLDMAN SACHS & CO. LLC
SEC 8-129

J.P. MORGAN SECURITIES LLC
SEC 8-35008

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
SEC 8-7221

MORGAN STANLEY SMITH BARNEY LLC
SEC 8-68191

SILICON VALLEY BANK
LEI 0K2D5AK28EO5CC06E35

GOLDMAN SACHS & CO. LLC
CRD 361 · SEC 8-129

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
CRD 7691 · SEC 8-7221

MORGAN STANLEY
CRD 149777 · SEC 8-68191

Fund details & source
Fund ID
805-4746404236
Reported beneficial owners
3
Minimum commitment
$1.25B

Form ADV 2123070 · Jul 30, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

SAPPHIRE VENTURES FUND IV, L.P.Venture Capital Fund · Last reported Jul 30, 2026$1.05BGross asset value
Fund administrator SEI OAKS, Pennsylvania, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor BDO USA, P.C. SAN FRANCISCO, California, United States
Custodian GOLDMAN SACHS & CO. LLC NEW YORK, New York, United States Related to adviser: No
Custodian J.P. MORGAN SECURITIES LLC NEW YORK, New York, United States Related to adviser: No
Custodian MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED SAN FRANCISCO, California, United States Related to adviser: No
Custodian MORGAN STANLEY SMITH BARNEY LLC MENLO PARK, California, United States Related to adviser: No
Custodian SILICON VALLEY BANK MENLO PARK, California, United States Related to adviser: No
Prime broker GOLDMAN SACHS & CO. LLC NEW YORK, New York, United States
Prime broker MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED SAN FRANCISCO, California, United States
Prime broker MORGAN STANLEY MENLO PARK, California, United States
Provider details
Annual audit
Yes
Prime brokers
Yes
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

BDO USA, P.C.
PCAOB 243

GOLDMAN SACHS & CO. LLC
SEC 8-129

J.P. MORGAN SECURITIES LLC
SEC 8-35008

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
SEC 8-7221

MORGAN STANLEY SMITH BARNEY LLC
SEC 8-68191

SILICON VALLEY BANK
LEI 0K2D5AK28E3O5CC06E35

GOLDMAN SACHS & CO. LLC
CRD 361 · SEC 8-129

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
CRD 7691 · SEC 8-7221

MORGAN STANLEY
CRD 149777 · SEC 8-68191

Fund details & source
Fund ID
805-6895449140
Reported beneficial owners
3
Minimum commitment
$1B

Form ADV 2123070 · Jul 30, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

SAPPHIRE SAP HANA FUND OF FUNDS, L.P.Venture Capital Fund · Last reported Jul 30, 2026$996MGross asset value
Fund administrator SEI OAKS, Pennsylvania, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor BDO USA, P.C. SAN FRANCISCO, California, United States
Custodian CITIZENS JMP SECURITIES, LLC SAN FRANCISCO, California, United States Related to adviser: No
Custodian GOLDMAN SACHS & CO. LLC NEW YORK, New York, United States Related to adviser: No
Custodian J.P. MORGAN SECURITIES LLC NEW YORK, New York, United States Related to adviser: No
Custodian MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED SAN FRANCISCO, California, United States Related to adviser: No
Custodian MORGAN STANLEY SMITH BARNEY LLC MENLO PARK, California, United States Related to adviser: No
Custodian RAYMOND JAMES & ASSOCIATES, INC. ST. PETERSBURG, Florida, United States Related to adviser: No
Custodian SILICON VALLEY BANK MENLO PARK, California, United States Related to adviser: No
Prime broker CITIZENS JMP SECURITIES, LLC SAN FRANCISCO, California, United States
Prime broker GOLDMAN SACHS & CO. LLC NEW YORK, New York, United States
Prime broker MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED SAN FRANCISCO, California, United States
Prime broker MORGAN STANLEY MENLO PARK, California, United States
Prime broker RAYMOND JAMES & ASSOCIATES, INC. ST. PETERSBURG, Florida, United States
Prime broker UBS FINANCIAL SERVICES INC. WEEHAKEN, New Jersey, United States
Provider details
Annual audit
Yes
Prime brokers
Yes
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

BDO USA, P.C.
PCAOB 243

CITIZENS JMP SECURITIES, LLC
SEC 8-39613

GOLDMAN SACHS & CO. LLC
SEC 8-129

J.P. MORGAN SECURITIES LLC
SEC 8-35008

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
SEC 8-7221

MORGAN STANLEY SMITH BARNEY LLC
SEC 8-68191

RAYMOND JAMES & ASSOCIATES, INC.
SEC 8-10999

SILICON VALLEY BANK
LEI 0K2D5AK28E3O5CC06E35

CITIZENS JMP SECURITIES, LLC
CRD 22208 · SEC 8-39613

GOLDMAN SACHS & CO. LLC
CRD 361 · SEC 8-129

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
CRD 7691 · SEC 8-7221

MORGAN STANLEY
CRD 149777 · SEC 8-68191

RAYMOND JAMES & ASSOCIATES, INC.
CRD 705 · SEC 8-10999

UBS FINANCIAL SERVICES INC.
CRD 8174 · SEC 8-16267

Fund details & source
Fund ID
805-3976141231
Reported beneficial owners
2
Minimum commitment
$405M

Form ADV 2123070 · Jul 30, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

SAPPHIRE VENTURES FUND III, L.P.Venture Capital Fund · Last reported Jul 30, 2026$811MGross asset value
Fund administrator SEI OAKS, Pennsylvania, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor BDO USA, P.C. SAN FRANCISCO, California, United States
Custodian J.P. MORGAN SECURITIES LLC NEW YORK, New York, United States Related to adviser: No
Custodian MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED SAN FRANCISCO, California, United States Related to adviser: No
Custodian MORGAN STANLEY SMITH BARNEY LLC MENLO PARK, California, United States Related to adviser: No
Custodian RAYMOND JAMES & ASSOCIATES, INC. ST PETERSBURG, Florida, United States Related to adviser: No
Custodian SILICON VALLEY BANK MENLO PARK, California, United States Related to adviser: No
Prime broker MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED SAN FRANCISCO, California, United States
Prime broker MORGAN STANLEY MENLO PARK, California, United States
Prime broker RAYMOND JAMES & ASSOCIATES, INC. ST PETERSBURG, Florida, United States
Prime broker UBS FINANCIAL SERVICES INC. WEEHAKEN, New Jersey, United States
Provider details
Annual audit
Yes
Prime brokers
Yes
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

BDO USA, P.C.
PCAOB 243

J.P. MORGAN SECURITIES LLC
SEC 8-35008

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
SEC 8-7221

MORGAN STANLEY SMITH BARNEY LLC
SEC 8-68191

RAYMOND JAMES & ASSOCIATES, INC.
SEC 8-10999

SILICON VALLEY BANK
LEI 0K2D5AK28E3O5CC06E35

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
CRD 7691 · SEC 8-7221

MORGAN STANLEY
CRD 149777 · SEC 8-68191

RAYMOND JAMES & ASSOCIATES, INC.
CRD 705 · SEC 8-10999

UBS FINANCIAL SERVICES INC.
CRD 8174 · SEC 8-16267

Fund details & source
Fund ID
805-4598466536
Reported beneficial owners
3
Minimum commitment
$700M

Form ADV 2123070 · Jul 30, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

SAPPHIRE VENTURES FUND II, L.P.Venture Capital Fund · Last reported Jul 30, 2026$598MGross asset value
Fund administrator SEI OAKS, Pennsylvania, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor BDO USA, P.C. SAN FRANCISCO, California, United States
Custodian CITIZENS JMP SECURITIES, LLC SAN FRANCISCO, California, United States Related to adviser: No
Custodian GOLDMAN SACHS & CO. LLC NEW YORK, New York, United States Related to adviser: No
Custodian J.P. MORGAN SECURITIES LLC NEW YORK, New York, United States Related to adviser: No
Custodian MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED SAN FRANCISCO, California, United States Related to adviser: No
Custodian MORGAN STANLEY SMITH BARNEY LLC MENLO PARK, California, United States Related to adviser: No
Custodian SILICON VALLEY BANK MENLO PARK, California, United States Related to adviser: No
Prime broker CITIZENS JMP SECURITIES, LLC SAN FRANCISCO, California, United States
Prime broker GOLDMAN SACHS & CO. LLC NEW YORK, New York, United States
Prime broker J.P. MORGAN SECURITIES LLC NEW YORK, New York, United States
Prime broker MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED SAN FRANCISCO, California, United States
Prime broker MORGAN STANLEY MENLO PARK, California, United States
Prime broker UBS FINANCIAL SERVICES INC. WEEHAKEN, New Jersey, United States
Provider details
Annual audit
Yes
Prime brokers
Yes
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

BDO USA, P.C.
PCAOB 243

CITIZENS JMP SECURITIES, LLC
SEC 8-39613

GOLDMAN SACHS & CO. LLC
SEC 8-129

J.P. MORGAN SECURITIES LLC
SEC 8-35008

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
SEC 8-7221

MORGAN STANLEY SMITH BARNEY LLC
SEC 8-68191

SILICON VALLEY BANK
LEI 0K2D5AK28EO5CC06E35

CITIZENS JMP SECURITIES, LLC
CRD 22208 · SEC 8-39613

GOLDMAN SACHS & CO. LLC
CRD 361 · SEC 8-129

J.P. MORGAN SECURITIES LLC
CRD 79 · SEC 8-35008

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
CRD 7691 · SEC 8-7221

MORGAN STANLEY
CRD 149777 · SEC 8-68191

UBS FINANCIAL SERVICES INC.
CRD 8174 · SEC 8-16267

Fund details & source
Fund ID
805-6399666760
Reported beneficial owners
2
Minimum commitment
$650M

Form ADV 2123070 · Jul 30, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

SAPPHIRE FUND INVESTMENTS II, L.P.Venture Capital Fund · Last reported Jul 30, 2026$589MGross asset value
Fund administrator SEI OAKS, Pennsylvania, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor BDO USA, P.C. SAN FRANCISCO, California, United States
Custodian J.P. MORGAN SECURITIES LLC NEW YORK, New York, United States Related to adviser: No
Custodian MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED SAN FRANCISCO, California, United States Related to adviser: No
Custodian MORGAN STANLEY SMITH BARNEY LLC MENLO PARK, California, United States Related to adviser: No
Custodian RAYMOND JAMES & ASSOCIATES, INC. ST PETERSBURG, Florida, United States Related to adviser: No
Custodian SILICON VALLEY BANK MENLO PARK, California, United States Related to adviser: No
Prime broker MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED SAN FRANCISCO, California, United States
Prime broker MORGAN STANLEY MENLO PARK, California, United States
Provider details
Annual audit
Yes
Prime brokers
Yes
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

BDO USA, P.C.
PCAOB 243

J.P. MORGAN SECURITIES LLC
SEC 8-35008

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
SEC 8-7221

MORGAN STANLEY SMITH BARNEY LLC
SEC 8-68191

RAYMOND JAMES & ASSOCIATES, INC.
SEC 8-10999

SILICON VALLEY BANK
LEI 0K2D5AK28EO5CC06E35

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
CRD 7691 · SEC 8-7221

MORGAN STANLEY
CRD 149777 · SEC 8-68191

Fund details & source
Fund ID
805-8634076807
Reported beneficial owners
3
Minimum commitment
$450M

Form ADV 2123070 · Jul 30, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Services & filing details

Most recent filing: Jul 30, 2026. View historical filings

Reported services

Pooled investment vehicle management · Selection of other advisers

Compensation

Percentage of assets · Performance-based

Principal office

801 W. 5TH ST., STE 100
AUSTIN, TX, 78703, United States

CRD 161558

Filing source

Form ADV 2123070 · Jul 30, 2026 · Items 1 & 5

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.