Sands Capital is an independent, staff-owned investment firm founded in 1992 and headquartered in Arlington, Virginia. It is an active, long-term investor in leading innovative growth businesses globally, through an integrated platform spanning venture capital, growth equity, and public equity across strategies including Global Ventures, Global Innovation, and Life Sciences Pulse.
Average disclosed round size is $281.6M (across 179 rounds with reported amounts).
Portfolio
125
Fund Size
$1.1B
Top Stage
Series C
Last 12 Mo
15
Team
Dana M. McNamara
Chief Administrative Officer Executive Managing Director
Eric C. Perlish
Managing Director, Head of Trading and Risk Analytics
Ian F. Barnes
Managing Director, Business Development and Client Relations
Josie A. Lewis
Managing Director, Client Relations
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
Portfolio
| Company | Round | Amount | Date |
|---|---|---|---|
 Base Power | Series D | $1B | Aug 2026 |
 K2 Space | Series D | $500M | Jul 2026 |
 Baseten | Series B | $1.5B | Jun 2026 |
 Ramp Network | Series F | $750M | Jun 2026 |
 Ramp | Series F | $750M | Jun 2026 |
 Keebler Health | Series A | $16M | Apr 2026 |
 Legora | Series D | $550M | Mar 2026 |
 Anduril | Series F | — | Mar 2026 |
 Codoxo | Series C | $35M | Feb 2026 |
| Base Power | Series D | $1B | Jan 2026 |
| K2 Space | Series D | $500M | Jan 2026 |
 Keebler | Unknown | $16M | Jan 2026 |
| RRevEng.AI | Series A | $15M | Jan 2026 |
| Baseten | Series E | $300M | Jan 2026 |
 PolyAI | Series D | — | Dec 2025 |
 PolyAI | Series C | $50M | Dec 2025 |
| Ramp | Growth | — | Nov 2025 |
 Elephas | Series B | $40M | Nov 2025 |
 Elephas | Series B | $40M | Nov 2025 |
 Launchdarkly | Series E | $200M | Oct 2025 |
| HHoldson | Seed | — | Sep 2025 |
 Avenzotx | Series B | $60M | Sep 2025 |
| Ramp | Growth | — | Jul 2025 |
| Ramp | Series E | $200M | Jun 2025 |
| AAnduril Industries, Inc. | Series F | $2.5B | Jun 2025 |
Top Co-Investors
Last updated: 20 October 2026