About Sands Capital Ventures
Sands Capital Ventures is a venture capital firm founded in 1992. It is primarily based out of Arlington, United States. As of Aug 2024, Sands Capital Ventures is an active investor, having invested in 84 companies, with 1 new investment in the last 12 months. It primarily invests in Series A round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Life Sciences. Most recently it led the $150M Series D round of OneTrust along with Generation Investment Management.
Overall, Sands Capital Ventures portfolio has seen 11 unicorns, 15 IPOs and 24 acquisitions including key companies like DoorDash, Slack and Bigbasket. A lot of funds co-invest with Sands Capital Ventures, with names like RA Capital Management sharing a substantial percentage of its portfolio.
Sands Capital Ventures has team of 54 people including 21 partners.
Key Metrics
Team Members
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Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Series B &
Portfolio IPOs
Portfolio Acquisitions
Portfolio Unicorns
Sands Capital Ventures' List of Top Investments
Sands Capital Ventures has a portfolio of 84 companies, including 11 unicorns. Their most notable investments are in Boom and Papercup.Their portfolio spans across United States, United Kingdom, IndiaÌý²¹²Ô»å 4 more locations. They have invested in Enterprise Applications, High Tech, Life SciencesÌý²¹²Ô»å 21 other sectors, across stages such as Series A, Series B Ìý²¹²Ô»å 8 more. Here is the list of top investments by Sands Capital Ventures:1. DoorDash
App-based platform offering food and grocery delivery services. The platform allows customers to discover local, on-demand delivery or pickup from restaurants, nearby grocery stores. The application is available on the iOS and Android platforms.
Key facts about DoorDash
- Founded Year: 2013
- Location: San Francisco (United States)
- Annual Revenue: $8.64B as on Dec 31, 2023
- Stage: Public
- Total Funding till date: $2.5B
- Employee Count: 23,700 as on Dec 31, 2024
- Investors: TeleSoft Partners, T. Rowe Price and 52 Others
- Latest Funding Round: Series H, Jun 18, 2020, $400M
- Highlight: Public
2. Slack
AI interfaced encrypted team messaging platform for enterprises. It offers an enterprise software platform that allows teams and businesses of all sizes to communicate. It provides software for communication options, including chat, audio and video clips, live huddles, asynchronous collaboration, engagement, and meetings. It also offers tools to create conversational channels, share files, record screens, projects, and goals management, and create audio and video clips.
Key facts about Slack
- Founded Year: 2009
- Location: San Francisco (United States)
- Annual Revenue: $903M as on Jan 31, 2021
- Last Known Valuation: $23B as on Jun 20, 2019
- Stage: Acquired
- Total Funding till date: $1.22B
- Employee Count: 1,820 as on Dec 31, 2022
- Investors: Glynn Capital, TeleSoft Partners and 68 Others
- Latest Funding Round: Post IPO, Apr 16, 2020, $863M
- Highlight: Acquired
3. Bigbasket
Online retailer offering multi-category grocery products. The platform allows users to purchase products across various categories including fruits, vegetables, staples, baked products, snacks, beverages, meat, seafood, eggs, personal care, baby care, electronics, pet care, home care products, toys, and more. The mobile application is available on Android and iOS platforms.
Key facts about Bigbasket
- Founded Year: 2011
- Location: Bengaluru (India)
- Annual Revenue: ₹10,100Cr as on Mar 31, 2024
- Last Known Valuation: ₹22,400Cr as on Dec 23, 2022
- Stage: Acquired
- Total Funding till date: $943M
- Employee Count: 21,814 as on Apr 30, 2025
- Investors: Sands Capital Ventures, Bessemer Venture Partners and 66 Others
- Latest Funding Round: Series G, Dec 21, 2022, $200M
- Highlight: Acquired
4.
Developer of a P2P marketplace for business loans. It offers multiple loan products including CBILS loans, working capital loans, term loans, and more enabling business cashflows. It also features a loan calculator for evaluating the loan interest based on the loan amount, loan terms, and credit score. It lets users register via the platform by providing business documents and required information.
Key facts about Funding Circle
- Founded Year: 2010
- Location: London (United Kingdom)
- Annual Revenue: £236M as on Dec 31, 2021
- Stage: Public
- Total Funding till date: $373M
- Investors: T. Rowe Price, Sands Capital Ventures and
- Latest Funding Round: Conventional Debt, Aug 28, 2019, $198M
- Highlight: Public
5. Lending Club
P2P marketplace for consumer and business loans. It offers multiple loans including personal loans, refinancing loans, healthcare loans, SME loans, and more. It offers loans to borrowers from multiple institutional/individual investors and lenders. Loans are offered on the basis of credit assessments and user profiles.
Key facts about Lending Club
- Founded Year: 2006
- Location: San Francisco (United States)
- Annual Revenue: $1.19B as on Dec 31, 2022
- Stage: Public
- Total Funding till date: $219M
- Employee Count: 1,194 as on Dec 31, 2022
- Investors: T. Rowe Price, Wellington and 45 Others
- Latest Funding Round: Post IPO, Oct 18, 2016
- Highlight: Public
Sands Capital Ventures' Year-on-Year Investment Trends
Sands Capital Ventures has invested in 84 companies over the last 13 years, with an average of 5 new investments annually in the last 10 years. In 2024, it made 1 investment. Its most recent first time investment was in pgEdge and most recent follow-on round was in Hungry.
Year | No. of Investments | ||
|---|---|---|---|
1stÌý¸é´Ç³Ü²Ô»å | Follow-on | Total | |
2025 (YTD) | 0 | 0 | 0 |
2024 | 1 | 0 | 1 |
2023 | 1 | 1 | 2 |
2022 | 3 | 1 | 4 |
2021 | 8 | 4 | 12 |
2020 | 7 | 2 | 9 |
2019 | 10 | 7 | 17 |
2018 | 5 | 4 | 9 |
2017 | 8 | 5 | 13 |
2016 | 4 | 1 | 5 |
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Sands Capital Ventures' Investments by Stage
Sands Capital Ventures has made 19 investments in Series A stage with an average round size of $13.6M, 10 investments in Series B stage with an average round size of $37.9M and 7 investments in Series C stage with an average round size of $98.5M.Note: We have considered here, only first round of investments
Stage of entry | No. of Investments |
|---|---|
Series A | 19 |
Series B | 10 |
Series C | 7 |
Series D | 7 |
Series E | 7 |
Others | 11 |
Sands Capital Ventures' Investments by Sector
Sands Capital Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, Life Sciences, High Tech, Consumer and FinTech. Notably, it has invested in 82 Tech companies, 73 Enterprise (B2B) companies, 37 Software companies and at least 25 companies focusing on Saas.
Note: We have considered here, only first round of investments
Sector | No. of Investments |
|---|---|
Enterprise Applications | 30 |
Life Sciences | 22 |
High Tech | 19 |
Consumer | 10 |
FinTech | 10 |
Others | 69 |
Sands Capital Ventures' Investments by Geography
Sands Capital Ventures has made most investments in United States (51), followed by India where it has made 4 investments.
Note: We have considered here, only first round of investments
Country | No. of Investments |
|---|---|
United States | 51 |
India | 4 |
United Kingdom | 3 |
Ireland | 2 |
Canada | 1 |
Others | 1 |
Sands Capital Ventures' recent investments
Here are the most recent investments by Sands Capital Ventures:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 16, 2024 | United States | Series A | $18.5M | Rally Ventures [+1] | |
Jul 24, 2023 | United States | Series D | $150M | ||
Jun 13, 2023 | United States | Series C | $10M | [+4] | |
Aug 30, 2022 | United States | Series C | $223M | T. Rowe Price [+12] | |
May 18, 2022 | United States | Series A | $12.8M | [+1] |
Get the detailed list of all investments by Sands Capital Ventures. Download now!Unicorns in Sands Capital Ventures' Portfolio
Here is a list of unicorns in Sands Capital Ventures' portfolio:
ÃØÃÜÑо¿Ëù Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
65 | AI-based hiring platform for taxable & legal purpose enterprises | 2012 | Boston | Late Stage | odeauju | ||
67 | Provider of a deep learning platform for detecting circulating cancer-related markers | 2014 | San Francisco | Series E | zdgsfcv | ||
66 | Direct-to-consumer ad-subsidised payments network | 2018 | London | Series C | iioazxo | ||
64 | Developer of pipetting robot for lab automation | 2013 | Brooklyn | Series C | qo{mfeh | ||
71 | Provider of an AI and cloud based data science platform | 2012 | Boston | Series G | tevb{ov |
IPOs and Publicly Listed companies in Sands Capital Ventures' Portfolio
Here are Sands Capital Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Nov 22, 2024 | Feb 02, 2017 | Series C | $70M | |
Nov 15, 2022 | - | - | - | |
Dec 15, 2021 | May 21, 2020 | Series F | $400M | |
Jul 27, 2021 | Apr 01, 2019 | Series C | $22.5M | |
Jul 01, 2021 | - | - | - |
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Acquired companies in Sands Capital Ventures' Portfolio
Here are Sands Capital Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 29, 2025 | Apr 05, 2019 | Series A | $8.42M | |
Mar 03, 2025 | Sep 15, 2015 | Series E | $38M | |
Dec 22, 2023 | Mar 18, 2019 | Series B | $68M | |
Dec 06, 2023 | Oct 25, 2018 | Series A | $10M | |
Jun 20, 2023 | Dec 18, 2020 | Series C | $80M |
Team profile of Sands Capital Ventures
Sands Capital Ventures has a team of 54 membersÌýincluding 21 Partners, 3 Venture Partners and 11 PrincipalsÌýlocated in United States, India and . Sands Capital Ventures' team sits on the board of 1 company.Here is a list of top team members in Sands Capital Ventures:
Name | Designation | Location | Board Memberships | Contact details |
|---|---|---|---|---|
Partner | Washington, DC | - | - | |
Partner | San Francisco | - | - | |
Partner | Mclean | - | - | |
Partner | Bethesda | - | ||
Partner | Washington, DC | |||
Partner | Washington, DC | - | - | |
Partner | Arlington | - | ||
Partner | Arlington | - | - | |
Partner | Charlottesville | - | - | |
Partner | New York City | - | - | |
Partner | Arlington | - | - |
Get the full list of Sands Capital Ventures' team & partners for free. Download now!Co-investors of Sands Capital Ventures
Over the past 13 years, 760 investors have co-invested in Sands Capital Ventures's portfolio companies.
- Invested before Sands Capital Ventures:ÌýAccel, Kleiner Perkins and 275 others have invested in rounds before Sands Capital Ventures. There are 9 companies where Accel has invested before Sands Capital Ventures and 7 companies where Kleiner Perkins has invested before Sands Capital Ventures.
- Top Co-investors of Sands Capital Ventures:Ìý136 investors entered a company along with Sands Capital Ventures. These include investors like RA Capital Management (6 companies).
- Invested after Sands Capital Ventures:ÌýA total of 347 investors have invested in Sands Capital Ventures's portfolio after their investments. Top Investors include Sands Capital (11 companies), T. Rowe Price (5 companies) and Baillie Gifford (3 companies).
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