Sandberg Bernthal Venture Partners (SBVP) is an early-stage venture firm co-founded by former Meta COO Sheryl Sandberg and her husband Tom Bernthal. Deploying the founders' private capital, SBVP invests across consumer, enterprise, climate, and healthcare technology, actively supporting entrepreneurs as they scale.
31% of their portfolio is in Enterprise Software. Deal activity decreased year-over-year (1 deals in the last 12 months vs 4 prior). Average disclosed round size is $34.5M (across 12 rounds with reported amounts).
Portfolio
11
Fund Size
—
Top Stage
Seed
Last 12 Mo
3
Team
GS
Gareth Schweitzer
Partner
SS
Sheryl Sandberg
Partner
TB
Tom Bernthal
Founder
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
13 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| Unknown | $10M | Jul 2026 | |
| Unknown | $3M | Jan 2026 | |
| Seed | $5M | Oct 2025 | |
| Series A | $30M | May 2025 | |
| Unknown | $3M | Feb 2025 | |
| Seed | $31M | Oct 2024 | |
| AAlchemy Health | Seed | $31M | Oct 2024 |
| Series D | $145M | Apr 2024 | |
| Series D | $145M | Jan 2024 | |
| Seed | $1.2M | Jan 2024 | |
| Unknown | — | — | |
| Seed | $5M | — | |
| DDryft AI | Unknown | $5M | — |
Top Co-Investors
Neo3 shared
Twine Ventures2 shared
AlleyCorp2 shared
Felix Capital2 shared
Accel2 shared
Tech Square Ventures2 shared
Mercury Fund2 shared
Costanoa Ventures2 shared
BrightCap Ventures2 shared
Magic Johnson Enterprises1 shared
Springbank Collective1 shared
Index Ventures1 shared
Iconiq Capital, LLC1 shared
Meritech Capital1 shared
Institutional Venture Partners1 shared
Greenoaks Capital1 shared
Silicon Valley Bank1 shared
Notable Capital1 shared
PEAK6 Strategic Capital1 shared
Correlation Ventures1 shared
Last updated: 8 September 2026
