# Sapphire Ventures (slim)

> Sapphire Ventures's investments in AI tools on Anchor Terminal, Alation, Inc., ElevenLabs, Gem Software, Inc., Glean Technologies, Inc. and 9 more, with each listing's grade and the founders behind it.

- Full: https://www.anchorterminal.com/investors/sapphire-ventures/index.md (~2,050 tokens) · this version ~1,930 tokens · JSON https://www.anchorterminal.com/investors/sapphire-ventures/index.json · canonical https://www.anchorterminal.com/investors/sapphire-ventures/
- Index: https://www.anchorterminal.com/llms.txt · API: https://www.anchorterminal.com/api/v1/index.json · MCP: https://www.anchorterminal.com/mcp · Updated: 2026-10-28
- Licence: CC BY 4.0, credit Anchor Terminal and link this page (https://www.anchorterminal.com/terms/#data)

Venture firm.

Website: https://sapphireventures.com

## Companies on Anchor Terminal

- **Alation, Inc.**, Series E, November 2022
  - [Alation](https://www.anchorterminal.com/tools/alation.md), graded C, 60.3/100
  - Source: https://www.alation.com/news-and-press/alation-raises-series-e-funding/
- **ElevenLabs**, Employee tender offer, September 2026
  - [ElevenLabs Agents API + MCP](https://www.anchorterminal.com/tools/elevenlabs-agents.md), graded BB, 71.4/100
  - [ElevenLabs Music API](https://www.anchorterminal.com/tools/elevenlabs-music.md), graded B, 66.9/100
  - [ElevenLabs Scribe Speech to Text API](https://www.anchorterminal.com/tools/elevenlabs-scribe.md), graded B, 69/100
  - [ElevenLabs Text to Speech API + MCP](https://www.anchorterminal.com/tools/elevenlabs-tts.md), graded BB, 75.3/100
  - [ElevenLabs Voice Cloning and Voice Design API](https://www.anchorterminal.com/tools/elevenlabs-voice-cloning.md), graded BB, 74.8/100
  - Source: https://elevenlabs.io/blog/tender-22bn
- **Gem Software, Inc.**, Series C, September 2021
  - [Gem](https://www.anchorterminal.com/tools/gem.md), graded D, 53.4/100
  - Source: https://www.gem.com/blog/series-c
- **Glean Technologies, Inc.**, Series E, September 2024, Series F, June 2025
  - [Glean](https://www.anchorterminal.com/tools/glean.md), graded B, 69.9/100
  - Source: https://www.glean.com/press/glean-announces-over-260-million-series-e-and-next-generation-prompting-as-it-brings-work-ai-to-the-enterprise
- **Gorgias**, Series B, December 2020, led a round
  - [Gorgias API + MCP](https://www.anchorterminal.com/tools/gorgias.md), graded D, 51/100
  - Source: https://www.gorgias.com/blog/why-we-raised-our-series-b-and-what-that-means-for-our-merchants
- **Grafana Labs**, Secondary, September 2025
  - [Grafana MCP Server](https://www.anchorterminal.com/tools/grafana-mcp-server.md), graded BB, 73.9/100
  - Source: https://grafana.com/press/2025/09/30/grafana-labs-surpasses-400m-arr-and-7000-customers-gains-new-investors-to-accelerate-global-expansion/
- **LangChain**, Series B, October 2025
  - [LangGraph](https://www.anchorterminal.com/tools/langgraph.md), graded BB, 70.8/100
  - [LangMem](https://www.anchorterminal.com/tools/langmem.md), graded D, 48.3/100
  - [LangSmith API + MCP](https://www.anchorterminal.com/tools/langsmith.md), graded BB, 71.3/100
  - Source: https://www.langchain.com/blog/series-b
- **Mercury Technologies, Inc.**, Series D, May 2026
  - [Mercury API](https://www.anchorterminal.com/tools/mercury.md), graded B, 63.8/100
  - Source: https://mercury.com/blog/series-d-announcement
- **Pendo.io, Inc.**, Series D, September 2018, Series E, October 2019, led a round
  - [Pendo](https://www.anchorterminal.com/tools/pendo.md), graded D, 48.3/100
  - Source: https://www.pendo.io/news/pendo-raises-50-million-series-d-funding-to-drive-geographic-and-market-expansion/
- **PubNub Inc.**, through Sapphire
  - [PubNub](https://www.anchorterminal.com/tools/pubnub.md), graded B, 68.3/100
  - Source: https://www.pubnub.com/company/
- **Temporal Technologies**, Series D, February 2026, Series E, September 2026
  - [Temporal](https://www.anchorterminal.com/tools/temporal.md), graded A, 78.3/100
  - Source: https://temporal.io/news/temporal-raises-300M-to-make-agentic-ai-real-for-companies
- **WorkOS**, Series C, March 2026, led a round, through Sapphire
  - [WorkOS Pipes and Agents](https://www.anchorterminal.com/tools/workos-pipes.md), graded C, 59.9/100
  - Source: https://workos.com/blog/series-c
- **Yapily**, Series B, July 2021, led a round
  - [Yapily](https://www.anchorterminal.com/tools/yapily.md), graded C, 57.7/100
  - Source: https://www.yapily.com/blog/series-b-announcement/

## Where they invest

- Company knowledge & data catalogues, 2
- Conversational voice agents, 1
- Music generation, 1
- Speech-to-text, 1
- Text-to-speech, 1
- Voice cloning & custom voices, 1
- Recruiting & applicant tracking, 1
- Customer support & helpdesk, 1
- Observability & incidents, 1
- Agent frameworks & SDKs, 1
- Agent memory, 1
- Agent observability & evals, 1
- Spend management & procurement, 1
- Product analytics & experimentation, 1
- Event delivery & webhooks, 1
- Human approval & handoff, 1
- Agent auth & delegated access, 1
- Bank data & open banking, 1

## Founders they backed

- [Mati Staniszewski](https://www.anchorterminal.com/people/mati-staniszewski/), ElevenLabs
- [Piotr Dąbkowski](https://www.anchorterminal.com/people/piotr-dabkowski/), ElevenLabs
- [Arvind Jain](https://www.anchorterminal.com/people/arvind-jain/), Glean Technologies, Inc.
- [T.R. Vishwanath](https://www.anchorterminal.com/people/t-r-vishwanath/), Glean Technologies, Inc.
- [Tony Gentilcore](https://www.anchorterminal.com/people/tony-gentilcore/), Glean Technologies, Inc.
- [Romain Lapeyre](https://www.anchorterminal.com/people/romain-lapeyre/), Gorgias
- [Alex Plugaru](https://www.anchorterminal.com/people/alex-plugaru/), Gorgias
- [Raj Dutt](https://www.anchorterminal.com/people/raj-dutt/), Grafana Labs
- [Anthony Woods](https://www.anchorterminal.com/people/anthony-woods/), Grafana Labs
- [Torkel Ödegaard](https://www.anchorterminal.com/people/torkel-odegaard/), Grafana Labs
- [Harrison Chase](https://www.anchorterminal.com/people/harrison-chase/), LangChain
- [Ankush Gola](https://www.anchorterminal.com/people/ankush-gola/), LangChain
- [Todd Olson](https://www.anchorterminal.com/people/todd-olson/), Pendo.io, Inc.
- [Erik Troan](https://www.anchorterminal.com/people/erik-troan/), Pendo.io, Inc.
- [Rahul Jain](https://www.anchorterminal.com/people/rahul-jain/), Pendo.io, Inc.
- [Eric Boduch](https://www.anchorterminal.com/people/eric-boduch/), Pendo.io, Inc.
- [Todd Greene](https://www.anchorterminal.com/people/todd-greene/), PubNub Inc.
- [Stephen Blum](https://www.anchorterminal.com/people/stephen-blum/), PubNub Inc.
- [Samar Abbas](https://www.anchorterminal.com/people/samar-abbas/), Temporal Technologies
- [Maxim Fateev](https://www.anchorterminal.com/people/maxim-fateev/), Temporal Technologies
- [Michael Grinich](https://www.anchorterminal.com/people/michael-grinich/), WorkOS

## Questions

### Which AI tools has Sapphire Ventures invested in?

Anchor Terminal lists Alation, Inc., ElevenLabs, Gem Software, Inc., Glean Technologies, Inc., Gorgias, Grafana Labs, LangChain, Mercury Technologies, Inc., Pendo.io, Inc., PubNub Inc., Temporal Technologies, WorkOS and Yapily backed by Sapphire Ventures.

### How are Sapphire Ventures's companies graded?

On Anchor Terminal's benchmark, Alation (C, 60.3), ElevenLabs Agents API + MCP (BB, 71.4), ElevenLabs Music API (B, 66.9), ElevenLabs Scribe Speech to Text API (B, 69), ElevenLabs Text to Speech API + MCP (BB, 75.3), ElevenLabs Voice Cloning and Voice Design API (BB, 74.8), Gem (D, 53.4), Glean (B, 69.9), Gorgias API + MCP (D, 51), Grafana MCP Server (BB, 73.9), LangGraph (BB, 70.8), LangMem (D, 48.3), LangSmith API + MCP (BB, 71.3), Mercury API (B, 63.8), Pendo (D, 48.3), PubNub (B, 68.3), Temporal (A, 78.3), WorkOS Pipes and Agents (C, 59.9) and Yapily (C, 57.7).

Investors are named from the companies' own announcements, the investors' own pages, Y Combinator's company pages, public filings and news reports of a round, each with its source.