Sands Capital
Overview
Sands Capital is an active, long-term investor in leading innovative growth businesses globally. Their approach combines analytical rigor and creative thinking to identify high-quality growth businesses that are creating the future. Through an integrated investment platform spanning venture capital, growth equity, and public equity, they provide growth capital solutions to institutions and fund sponsors in more than 40 countries.
Investments
| Company | Date | Stage | Lead |
|---|---|---|---|
| OpenAI | Mar 2026 | Growth Equity | Co-investor |
| Anthropic | Feb 2026 | Series G | Co-investor |
| Databricks | Dec 2024 | Series J | Co-investor |
| Anduril Industries | May 2026 | Series H | Co-investor |
| Ramp | Oct 2026 | Series G | - |
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Key People
Frank M. Sands
Chief Executive Officer Chief Investment Officer
T. Perry Williams
President Chief Investment Officer
Barron B. Martin
Managing Partner Sr. Research Analyst
Barron Martin
Managing Partner
Michael Clarke
Managing Partner Portfolio Manager
Michael Graninger
Managing Partner
Stephen P. Zachary
Managing Partner
Stephen Zachary
Managing Partner
Brian Christiansen
Executive Managing Director, Sr. Portfolio Manager
Eric C. Perlish
Managing Director, Head of Trading and Risk Analytics
Gene Riechers
Venture Partner
Parker Cassidy
Venture Partner
Christopher Eng
Partner
Christy Steele
Partner
Jake Merrill
Partner
Jamey Thompson
Partner and Portfolio Manager, Sands Capital Horizons
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Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is Sands Capital based?
Sands Capital is headquartered in Arlington, Virginia, United States.
When was Sands Capital founded?
Sands Capital was founded in 1992.
How many portfolio companies does Sands Capital have?
Sands Capital has 107 portfolio companies in Caplight's dataset.
What are some companies in Sands Capital's portfolio?
Portfolio companies visible on Caplight include OpenAI, Anthropic, Databricks, Anduril Industries, Ramp.
What was Sands Capital's most recent investment shown here?
Sands Capital's most recent investment in this portfolio sample was in Ramp in 2026.
What sectors does Sands Capital focus on?
Sands Capital focuses on Healthcare & Life Sciences, Healthcare & Life Sciences, FinTech, Healthcare & Life Sciences, Consumer & Commerce, Enterprise Software, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Energy & Sustainability, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Media, Entertainment & Gaming, Healthcare & Life Sciences, Enterprise Software, Enterprise Software, Consumer & Commerce, Healthcare & Life Sciences, FinTech, Media, Entertainment & Gaming, Consumer & Commerce, Healthcare & Life Sciences, Healthcare & Life Sciences, AI, Data & Cloud Infrastructure, Consumer & Commerce, Cybersecurity, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Cybersecurity, FinTech, Healthcare & Life Sciences, Consumer & Commerce, Consumer & Commerce, AI, Data & Cloud Infrastructure, Cybersecurity, Media, Entertainment & Gaming, Enterprise Software, Enterprise Software, Frontier & Industrial Tech, Healthcare & Life Sciences, Healthcare & Life Sciences, Enterprise Software, Enterprise Software, AI, Data & Cloud Infrastructure, Media, Entertainment & Gaming, Frontier & Industrial Tech, Healthcare & Life Sciences, Healthcare & Life Sciences, AI, Data & Cloud Infrastructure, Enterprise Software, AI, Data & Cloud Infrastructure, Cybersecurity, Enterprise Software, Cybersecurity, Cybersecurity, Healthcare & Life Sciences, FinTech, AI, Data & Cloud Infrastructure, Frontier & Industrial Tech, Frontier & Industrial Tech, Frontier & Industrial Tech, AI, Data & Cloud Infrastructure, Healthcare & Life Sciences, AI, Data & Cloud Infrastructure, Frontier & Industrial Tech, AI, Data & Cloud Infrastructure, Frontier & Industrial Tech, Healthcare & Life Sciences, Healthcare & Life Sciences, Cybersecurity, Consumer & Commerce, Enterprise Software, Media, Entertainment & Gaming, AI, Data & Cloud Infrastructure, AI, Data & Cloud Infrastructure, Healthcare & Life Sciences, Mobility, Transportation & Logistics, FinTech, Enterprise Software, Enterprise Software, Enterprise Software, Enterprise Software, AI, Data & Cloud Infrastructure, AI, Data & Cloud Infrastructure, Enterprise Software, Enterprise Software, Media, Entertainment & Gaming, Enterprise Software, AI, Data & Cloud Infrastructure, AI, Data & Cloud Infrastructure, Enterprise Software, Enterprise Software, Enterprise Software, Cybersecurity, Enterprise Software, AI, Data & Cloud Infrastructure, Enterprise Software, Mobility, Transportation & Logistics, Enterprise Software, Enterprise Software, Enterprise Software, Enterprise Software, FinTech, AI, Data & Cloud Infrastructure, Mobility, Transportation & Logistics, Mobility, Transportation & Logistics, AI, Data & Cloud Infrastructure, Enterprise Software, Enterprise Software, Consumer & Commerce, AI, Data & Cloud Infrastructure, Enterprise Software, Enterprise Software, Enterprise Software, AI, Data & Cloud Infrastructure, Enterprise Software, AI, Data & Cloud Infrastructure, Media, Entertainment & Gaming, Frontier & Industrial Tech, Consumer & Commerce, Enterprise Software, FinTech, Enterprise Software, Frontier & Industrial Tech, Enterprise Software, Enterprise Software, AI, Data & Cloud Infrastructure, Telecommunications & Networking, AI, Data & Cloud Infrastructure, Enterprise Software, Enterprise Software, Energy & Sustainability, Enterprise Software, Enterprise Software, FinTech, Enterprise Software, Enterprise Software, Enterprise Software, Enterprise Software, AI, Data & Cloud Infrastructure, AI, Data & Cloud Infrastructure, AI, Data & Cloud Infrastructure, AI, Data & Cloud Infrastructure, AI, Data & Cloud Infrastructure, Mobility, Transportation & Logistics, Enterprise Software, Enterprise Software, Frontier & Industrial Tech, AI, Data & Cloud Infrastructure, Telecommunications & Networking, Mobility, Transportation & Logistics, AI, Data & Cloud Infrastructure, Enterprise Software, Enterprise Software, Enterprise Software, Enterprise Software, Enterprise Software, AI, Data & Cloud Infrastructure, Enterprise Software, Enterprise Software, AI, Data & Cloud Infrastructure, Healthcare & Life Sciences, Enterprise Software, Enterprise Software, FinTech, AI, Data & Cloud Infrastructure, AI, Data & Cloud Infrastructure, Consumer & Commerce, AI, Data & Cloud Infrastructure.
What company stages does Sands Capital focus on?
Sands Capital typically invests at the Late stage.
What is Sands Capital's AUM?
Sands Capital's assets under management are estimated between $10.0B and $100.0B.