Sapphire Ventures, LP
SEC-registered investment adviser.
- HQ
- TX
Sapphire Ventures, LP partners with expansion-stage enterprise software companies that it believes can become category leaders, and invests in a select number of post-product-market-fit companies. Nino Marakovic serves as Partner and CEO, and Jai Das as Partner and President. Portfolio companies named include Gamma, Genspark, Higgsfield, Paper, Noon, Comfy, Flora and Krea.
New fund likely raising soon
The firm's newest fund is 4 to 7 years past its first sale and no newer Form D has been filed.
01 · Says / Does
| Tag | Says | Does |
|---|---|---|
| Stages | Growth | Not enough dated deals |
| Sectors | Enterprise SaaS | Not enough dated deals |
| Regions | Global | Not enough dated deals |
Says: what the firm's funds state. Does: from 0 dated deals in the last 24 months.
02 · Fund history
| Fund | Year | Size | Status |
|---|---|---|---|
| Zero Carbon Capital 2022 LP Invests directly in a select number of expansion-stage enterprise software companies after product-market fit, including enterprise AI founders. Helps portfolio companies scale go-to-market, operations, and leadership. Inferred from the firm's website | 2022 | $11.68M to $65.6M (Form D) | Late investment period |
| Sapphire Sport II, L.P. | 2021 | $177.62M (Form D) | Follow-ons only |
03 · People across funds
- Michael Spirito, Managing Member of the General Partner of the Issuers
Sapphire Sport II, L.P. (Named on Form D)
- Nino Marakovic, Managing Member of the General Partner of the Issuers
Zero Carbon Capital 2022 LP (Team); Sapphire Sport II, L.P. (Named on Form D)
- Philippa Gawley
Zero Carbon Capital 2022 LP (Named on Form D)
- Richard Higgins, Managing Member of the General Partner of the Issuers
Sapphire Sport II, L.P. (Named on Form D)
- Thompson Gawley
Zero Carbon Capital 2022 LP (Named on Form D)
- Adam Liu, Vice President
Zero Carbon Capital 2022 LP (Team); Sapphire Sport II, L.P. (Team)
- Aditya Reddy, Vice President
Zero Carbon Capital 2022 LP (Team); Sapphire Sport II, L.P. (Team)
- Adrian Kania, Senior Associate
Zero Carbon Capital 2022 LP (Team); Sapphire Sport II, L.P. (Team)
- Alex Lehman, Vice President
Zero Carbon Capital 2022 LP (Team); Sapphire Sport II, L.P. (Team)
- Anders Ranum, Partner
Zero Carbon Capital 2022 LP (Team); Sapphire Sport II, L.P. (Team)
- Andreas Weiskam, Partner
Zero Carbon Capital 2022 LP (Team); Sapphire Sport II, L.P. (Team)
- Andrew Vogeley, Vice President
Zero Carbon Capital 2022 LP (Team); Sapphire Sport II, L.P. (Team)
- Anya Rajani, Associate
Zero Carbon Capital 2022 LP (Team); Sapphire Sport II, L.P. (Team)
- Casber Wang, Operating Partner
Zero Carbon Capital 2022 LP (Team); Sapphire Sport II, L.P. (Team)
- Cathy Gao, Partner
Zero Carbon Capital 2022 LP (Team); Sapphire Sport II, L.P. (Team)
- David Hartwig, Operating Partner
Zero Carbon Capital 2022 LP (Team); Sapphire Sport II, L.P. (Team)
- Demi Obayomi, Principal
Zero Carbon Capital 2022 LP (Team); Sapphire Sport II, L.P. (Team)
- Ishan Gill, Associate
Zero Carbon Capital 2022 LP (Team); Sapphire Sport II, L.P. (Team)
- Jai Das, Partner, President
Zero Carbon Capital 2022 LP (Team); Sapphire Sport II, L.P. (Team)
- Jasmine Yang, Vice President
Zero Carbon Capital 2022 LP (Team); Sapphire Sport II, L.P. (Team)
- Jason Brooke, Principal
Zero Carbon Capital 2022 LP (Team); Sapphire Sport II, L.P. (Team)
- Justin Liu, Vice President
Zero Carbon Capital 2022 LP (Team); Sapphire Sport II, L.P. (Team)
- Mark Heatzig, Associate
Zero Carbon Capital 2022 LP (Team); Sapphire Sport II, L.P. (Team)
- Michael Hsu, Senior Associate
Zero Carbon Capital 2022 LP (Team); Sapphire Sport II, L.P. (Team)
- Paul Levine, Operating Partner
Zero Carbon Capital 2022 LP (Team); Sapphire Sport II, L.P. (Team)
- Rajeev Dham, Partner
Zero Carbon Capital 2022 LP (Team); Sapphire Sport II, L.P. (Team)
- Rami Branitzky, Partner
Zero Carbon Capital 2022 LP (Team); Sapphire Sport II, L.P. (Team)
- Sara Thomas, Associate
Zero Carbon Capital 2022 LP (Team); Sapphire Sport II, L.P. (Team)
- Steve Abbott, Partner, Capital Markets
Zero Carbon Capital 2022 LP (Team); Sapphire Sport II, L.P. (Team)
04 · Recent deals
No dated deals found yet.
05 · Latest from the firm
No news from the firm's website yet.
06 · Sources
- https://sapphireventures.com/contact/
- https://sapphireventures.com/blog/ai-design-creative-code-shift/
- https://sapphireventures.com/team/
- https://sapphireventures.com/
- https://sapphireventures.com/companies/
Fund dates and sizes are from SEC Form D filings.
Last verified: Oct 28, 2026