Sapphire Opportunity Fund III, L.P.
Venture Capital FundFund ID 805-7418445578Delaware, United States
Gross assets
$118.1M
Min. investment
$5M
Beneficial owners
5
Size rank
Top 40%
Audited
Yes
Structure
Standalone
About this fund
Sapphire Opportunity Fund III, L.P. is a venture capital fund managed by Sapphire Ventures, LLC. The fund reports $118.1 million in gross assets, placing it among the top 40% of private funds by size. The stated minimum investment is $5 million. Its financial statements are audited annually. Private funds are not required to publicly disclose returns; Form ADV reports assets, structure, and service providers, shown above.
Fund details
| Fund ID | 805-7418445578 |
| Fund type | Venture Capital Fund |
| 3(c)(1) exclusion | Yes |
| 3(c)(7) exclusion | Yes |
| Master fund | No |
| Feeder fund | No |
| Fund of funds | No |
| Relies on exemption from registration | Yes |
| Annual audit | Yes |
| Prepared per GAAP | Yes |
| Sub-advised | No |
| Sales limited to qualified investors | Yes |
| % of assets independently valued | 0% |
Other funds from this manager
| Fund | Type | Gross assets |
|---|---|---|
| Sapphire Ventures Fund VI, L.P. | Venture Capital | $2.2B |
| Sapphire Ventures Fund V, L.P. | Venture Capital | $1.13B |
| Sapphire Ventures Fund IV, L.P. | Venture Capital | $1.05B |
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Join to unlock · $37/moFrequently asked questions
How large is Sapphire Opportunity Fund III, L.P.?
Sapphire Opportunity Fund III, L.P. reports $118.1 million in gross assets, among the top 40% of private funds by size.
What is the minimum investment for Sapphire Opportunity Fund III, L.P.?
The stated minimum investment is $5 million.
Who manages Sapphire Opportunity Fund III, L.P.?
Sapphire Opportunity Fund III, L.P. is managed by Sapphire Ventures, LLC.
Does Sapphire Opportunity Fund III, L.P. disclose returns?
No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.
Manager
S
Austin, TX
Service providers
Reported gross assets
$118.1M▼ 19%
Mar '25Form ADV, monthlyJun '26
How this fund compares
Gross assetsTop 40%
Larger than 60% of 67,041 private funds
Gross assets vs Venture Capital FundsTop 20%
Larger than 80% of 5,217 venture capital funds
Minimum investmentTop 17%
Higher than 83% of funds reporting a minimum
Investor base
Adviser & related persons1%
Funds of funds%
Non-U.S. persons2%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.