Venture

Sapphire Ventures Fund VII, L.P.

Raising 2026-08-20

Private Equity Fund · adviser (attributed) Sapphire Ventures, LP

  • CIK 2078920
  • File 021-555629
  • State CA
  • 506(b)
  • 3(c)(1)
  • 3(c)(7)
Sought
Indefinite
no ceiling stated
Sold so far
$1.5B
as of 2026-08-20
Investors
32
reported
Minimum investment
$5M
per investor, as filed

Connected

from Form D 021-555629

Fund size — sought vs sold

No ceiling stated: the Form D answers "Indefinite", so $1.5B sold is the running total of subscriptions, not a share of a target.

Facts

As its latest Form D states them

Fund type
Private Equity Fund
Adviser (attributed)
Sapphire Ventures, LP
State
California (CA)
Exemptions
Rule 506(b); Investment Company Act Section 3(c)(1); Investment Company Act Section 3(c)(7)
First filed
2025-08-22
Latest filing
2026-08-20
First sale
2025-09-04
Filings
3 Form D

People

Named in Item 3 of its latest Form D, filed 2026-08-20

Related persons
NameRelationshipClarification
Sapphire Ventures (GPE) VII, L.P.RelationshipDirectorClarificationGeneral Partner of the Issuer
Sapphire Ventures (MGP), LLCRelationshipPromoterClarification—
Nino Nikola MarakovicRelationshipExecutive Officer, DirectorClarification—

Sales compensation

Named in Item 12 of its Form D filings

Sales compensation recipients
RecipientCRDBroker-dealerOfferings
CONNAUGHT (U.S.) LLCCRD300401Broker-dealer—Offerings1
Wedbush & Co., LLCCRD328492Broker-dealer—Offerings1

Amendments

amount sold · by filing date
2026-08-20 · $1.5B
  1. 2025-08-22$0D · 0 inv.
  2. 2026-08-20$1.5BD/A · 32 inv.
  3. 2026-08-20$1.5BD/A · 32 inv.

Hover a dot or row, or tab through the dots · bars scaled to the largest round ($1.5B)

The other funds of Sapphire Ventures, LP (18 on Form ADV) and every Form D as filedSee plans

A fund's Form D states its target and what it has sold so far. The dashboard puts it beside the adviser's other funds from Form ADV, the startups linked to it, and every amendment as filed.

  • The adviser's Venture page: its Form ADV funds, assets and other Form D offerings
  • Where co-filings link it, the startups this fund backed
  • Every Form D and amendment as filed, with what each one stated
  • Everyone its filings name, linked to their other funds and companies

Part of the Venture plan — $140/mo at launch pricing ($350 list)

See plans

External link: SEC Filings ↗