Sapphire's Monthly Brief (July 2022)
Check out our latest newsletter! From Europe’s Rising B2B 100 to metrics that matter for revenue teams, and much more.?
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FEATURED REPORT
Ranking + Report by Sifted Intelligence, Sponsored by Sapphire Ventures
While changing market conditions continue to shift the world economy and valuation framework for many companies, the path ahead can introduce opportunities for the startups that are building efficiently and sustainably to stand out.?
In its recent report, ‘Europe’s Rising 100,’ Sifted Intelligence shines a spotlight on the ambitious entrepreneurs building European B2B companies on the path to becoming category leaders or creating new categories entirely.
PARTNER POV
VC VALUATIONS |?VC Market Faces 'Rational Reality' Reset, Investors Warn
PITCHBOOK?|?At the forefront of discussion at SuperVenture Conference 2022 was the impact of macroeconomic volatility on capital raising and valuations. Most venture investors shared the expectation for a widespread reset in investment activity as the market shifts to favor sustainability and efficiency over growth at all costs.
FEATURED STARTUP RESOURCE
Now more than ever, running a data-driven business has become table stakes for companies looking to thrive in an increasingly competitive and changing environment. In part one of this two-part series, we begin by looking at the framework and best practices CROs and revenue teams should utilize to build a successful data strategy and define the KPIs that matter most to manage the revenue engine.
STARTUP RESOURCES
SUPPLY CHAIN | It Takes Technology AND People: Perspectives from The Future of Supply Chain Conference
PODCAST: THE STARTUP GUIDE TO GROWTH
LATEST INVESTMENTS
Congratulations to JupiterOne on the Series C! Thrilled to once again back JupiterOne as it continues to work towards cybersecurity for all.
Sapphire Co-Leads StackHawk’s Series B! Proud to continue to support StackHawk’s rapid growth and mission to make it simple for developers to find and fix security vulnerabilities.
Congratulations to FalconX on their Series D!? Thrilled to see FalconX continue to grow.?
SAPPHIRE IN THE NEWS
Andreas Weiskam | Partner, Sapphire Ventures
Rajeev Dham | Partner, Sapphire Ventures
Cathy Gao | Partner, Sapphire Ventures
Cathy Gao | Partner, Sapphire Ventures
Annalise Dragic | Partner, Sapphire Ventures
Kevin Diestel | Partner, Sapphire Ventures
Karan Singh | Partner, Sapphire Ventures
HYPERGROWTH ENGINEERING SUMMIT
A huge thank you to everyone that made Sapphire’s Hypergrowth Engineering Summit such a success! We were thrilled to meet in-person with so many amazing engineering leaders to discuss emerging tech stacks, modern engineering practices, how to optimize engineering organizations, and much more.
WHAT WE'RE READING
FORTUNE? | Startups and VCs Should be Preparing for the Possibility of Stagflation
PROTOCOL ?| Thanks to the Economy, Cybersecurity Consolidation is Coming
TECHCRUNCH ?|?3 Questions for the Startup Market As We Enter Q3
STAY CONNECTED!
Disclaimer: This newsletter is confidential and intended for original recipients only. This newsletter is intended for discussion purposes only. Nothing presented herein is intended to constitute investment advice, and under no circumstances should any information provided herein be used or considered as an offer to sell or a solicitation of an offer to buy an interest in any investment fund managed by Sapphire Ventures, LLC (“Sapphire”). Sapphire does not solicit or make its services available to the public. Prospective investors may rely only on a fund’s confidential private placement memorandum or an official supplement thereto. Various pieces of Information provided reflect Sapphires’ views as of June 30, 2022. Such views are subject to change without notice. This newsletter may contain certain forward looking statements, opinions and projections that are based on the assumptions and judgments of the author with respect to, among other things, future economic, competitive and market conditions and future business decisions, all of which are difficult or impossible to predict accurately and many of which are beyond the control of the author.?While Sapphire has used reasonable efforts to obtain information from reliable sources, we make no representations or warranties as to the accuracy, reliability, or completeness of third-party information presented herein. Companies mentioned in this article are a representative sample of portfolio companies in which Sapphire has invested in which the author believes such companies fit the objective criteria stated in commentary, which do not reflect all investments made by Sapphire. A complete alphabetical list of Sapphire’s investments made by its direct growth and sports investing strategies is available here . “Investment Highlights” reflect all portfolio companies that have made public financing announcements during the time period of January 1, 2022 through June 30, 2022.
Past performance is not indicative of future results.