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SAP

Corporate VC

World's largest enterprise software company, making strategic venture investments through SAP.iO since 2017. Portfolio has yielded 5 unicorns and 70 exits across 45 countries.

Walldorf, Germany · 18+ investments · 7 portfolio companies

Seed
Early Stage
Growth
Artificial Intelligence
Cloud
Fintech
HR Tech
SaaS
Supply Chain
Headquarters
Walldorf, Germany
Founded
2016
Website
sap.com
AUM
$1.5B
Portfolio Companies
7
Total Investments
18
Last Investment
May 2026
Geographic Focus
France, Germany, Global, Israel, United Kingdom, United States, Europe

Investment Thesis

SAP.iO invests in early-stage B2B software startups that integrate with or complement SAP's enterprise software ecosystem, with particular focus on enterprise applications, vertical SaaS, supply chain, HR, and finance automation. The CVC arm seeks both financial returns and strategic alignment with SAP's core platform.

SAP is a Corporate VC firm based in Walldorf, Germany. It has made 18 investments in Artificial Intelligence and Cloud, including Runa, Deepgram and TechWolf.

Fund Family

Business Objects

Venture Capital · 1 investments

Ariba

Venture Capital · 1 investments

Portfolio7

Co-investors24

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24 co-investors across 26 shared portfolio companies — who they back alongside, and how often they lead.

Venture Capital ×15 · Corporate VC ×4 · Other ×3 · 24 shared rounds

Investment History

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