Sands Capital

Growth equity · Arlington, Virginia

Founded in 1992, Sands Capital is a growth equity firm based in Arlington, Virginia. 46 portfolio companies, 6 recorded rounds and 1 fund are on record.

AUM
$59.0B
Portfolio companies
46
Recorded deals
6
Last investment
Mar 2025

Deal history

6 participations
DateCompanyRaisedRole
Mar 2026OpenAI▮▮
Mar 2025Flock Safety▮▮
Mar 2024Flock Safety▮▮
+ 3 more deals · all 6, priced and dated
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Investment activity

Sands Capital joined 2 recorded rounds in the last two years (1 in the last 12 months), down from 4 in the two years before. By year: 1 in 2026, 1 in 2025 and 1 in 2024. Sands Capital is recorded as lead on 1 of them. Sands Capital most often invests alongside Andreessen Horowitz (2 shared rounds), Coatue Management (2 shared rounds) and GREENOAKS (2 shared rounds). Most recently: OpenAI (later-stage round, Mar 2026) and Flock Safety (Series H, Mar 2025).

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