Sands Capital is an active, long-term investor focused on identifying and partnering with leading innovative growth businesses globally, across both public and private markets. The firm employs a research-driven process to find companies with sustainable growth characteristics, competitive advantages, and visionary leadership, often in technology and other growth sectors.
Deal activity increased 50% year-over-year (9 deals in the last 12 months). Average disclosed round size is $374.2M (across 67 rounds with reported amounts).
Portfolio
68
Fund Size
$56B
Top Stage
Series A
Last 12 Mo
8
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
68 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Legora | Series D | $550M | Mar 2026 |
 PolyAI | Series D | $86M | Dec 2025 |
 Elephas Biosciences Corporation | Series B | $40M | Nov 2025 |
| HHoldson | Seed | $1.7M | Sep 2025 |
 Ramp | Growth | $500M | Jul 2025 |
| Ramp | Series E | $200M | Jun 2025 |
 SpyGlass Pharma | Series D | $75M | Jun 2025 |
 Hawk | Series C | $51.8M | Apr 2025 |
 Flock Safety | Growth | $275M | Mar 2025 |
 CompScience | Series B | $27.6M | Feb 2025 |
 Databricks | Growth | $10B | Dec 2024 |
 Blue Earth Therapeutics Ltd | Series A | $76.5M | Oct 2024 |
 Anduril | Growth | $1.5B | Aug 2024 |
| PolyAI | Series C | $46M | May 2024 |
| Ramp | Series D | $150M | Apr 2024 |
 Alamar Biosciences | Series C | $128M | Feb 2024 |
 HealthSnap | Series B | $25M | Feb 2024 |
| Elephas Biosciences Corporation | Series C | $55M | Jan 2024 |
| UUhnder, Inc. | Series C | $45M | Nov 2023 |
| Ramp | Series D | $300M | Aug 2023 |
 OneTrust | Series D | $150M | Jul 2023 |
 Luminoah | Series A | $6M | Jun 2023 |
| HHawk AI | Series B | $17M | Jan 2023 |
 Snyk | Growth | $196.5M | Dec 2022 |
 Papercup | Series A | $20M | Jun 2022 |
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Top Co-Investors
Founders Fund10 shared
Accel9 shared
Coatue Management9 shared
Salesforce8 shared
Khosla Ventures8 shared
Sequoia Capital7 shared
General Catalyst7 shared
Thrive Capital6 shared
Iconiq Capital6 shared
Tiger Global Management6 shared
BlackRock5 shared
8VC5 shared
D1 Capital Partners5 shared
RA Capital Management4 shared
Kaiser Permanente Ventures4 shared
T. Rowe Price Associates, Inc.4 shared
Andreessen Horowitz4 shared
Northpond Ventures4 shared
GIC4 shared
Meritech Capital4 shared
Last updated: 13 March 2026