Sapphire Sport II, L.P.
Sap Ventures · adviser of record: Sap Ventures, LLC · 2021 vintage
Sapphire Sport II, L.P. is a 2021 venture fund managed by Sap Ventures, with $178mm raised (Form D, amount sold). It reported $160mm in gross assets at year-end 2023, 0.90x its size, against a peak of $162mm in 2022.
- Latest value held
- $160mm year-end 2023
- Peak
- $162mm year-end 2022
- Fund size
- $178mm Form D, amount sold
- Held vs. size
- 0.90x peak 0.91x
Value held by year-end
Gross asset value reported on Form ADV at each year-end. Dashed line: fund size. Open in the Fund Tracker
| Year-end | Gross assets | ÷ size | Change |
|---|---|---|---|
| 2023 | $160mm | 0.90x | -1% |
| 2022 | $162mm | 0.91x | +78% |
| 2021 | $90.7mm | 0.51x | – |
Other funds from Sap Ventures
- Sapphire Ventures Fund VII-A, L.P. 2022
- Sapphire Ventures Fund VI, L.P. 2021
- Sapphire Opportunity Fund III, L.P. 2021
- Sapphire Ventures Fund V, L.P. 2020
- Sapphire Opportunity Fund II, L.P. 2020
- Sapphire Opportunity Fund, L.P. 2019
- Sapphire Ventures Fund IV, L.P. 2018
- Sapphire Sport, L.P. 2017
- Sap.IO Fund, L.P. 2016
- Sapphire Ventures Fund III, L.P. 2015
- Sapphire Ventures Fund II, L.P. 2013
- Sapphire Ventures Fund I, LP 2011
About these numbers
Gross asset value is what the manager reports holding in the fund at each fiscal year-end, on SEC Form ADV, Schedule D. It includes the GP’s own commitment and is before carried interest, so it is not the LPs’ net return, and it does not show cash already distributed. A fall in value can mean distributions, markdowns or both. Fund size is the amount sold reported on Form D, which for some funds reflects only a first close. Private fund ID 805-3563050632. Data updated October 13, 2026.
Is this your fund?
Spot an error and email a correction. Facing DPI pressure? See how distribution financing works.