Sapphire announces spate of promotions

Sapphire Ventures and its LP arm Sapphire Partners announced a rash of promotions, including several to partner, from both its US and European teams.

The firm said its partner composition becomes more diverse with the promotions. Women will now comprise 30 percent of the partners. The announcements follow Sapphire raising $2 billion in 2021 and the firm’s further expansion in Europe.

Sapphire elevated Casber Wang, Annalise Dragic, Nate Leung, Shruti Tournatory and Elizabeth Patterson each to partner.

Wang is with Sapphire’s US office and focuses on security, enterprise infrastructure and blockchain. Both Tournatory and Patterson are with Sapphire‘s growth team and work with current portfolio companies to scale them up.

Dragic invests in fintech investments in the European arm of Sapphire Ventures. Her investments are mainly in companies across Europe and Israel.

Leung is the newest partner with Sapphire Partners. His work is with early-stage venture funds and supporting aspiring GPs.

“Today marks a significant milestone as the entire firm welcomes five dedicated investors and growth operators into the partnership,” said Sapphire chief executive officer and co-founder Nino Marakovic in a statement. “I am confident that their talent, passion and expertise will help drive Sapphire toward even greater success in the coming years.”

Leung, previously a principal, was named one of Venture Capital Journal‘s 40 Rising Stars this week. Dragic was tapped as a VCJ Rising Star in 2021.