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Sands Capital Ventures, LLC

CIK:0001846444
Venture Capital
$3B AUM
19 holdings
Arlington, VA, United States
Founded:2010
177 employees
Latest filing:Jun 30, 2025

Sands Capital Ventures, LLC, now operating as Sands Capital Alternatives, LLC, is headquartered in Arlington, Virginia. The firm was founded in October 2010 and is ultimately controlled by Frank M. Sands. Sands Capital Alternatives is an independent investment management firm providing investment advisory services to private funds and separately managed accounts, focusing on both publicly traded and privately held companies. The firm is a part of the broader Sands Capital group, which collectively manages strategies for institutional and high net worth clients. Sands Capital Ventures/Alternatives primarily serves institutional investors and large private clients. The employee count is approximately 177.

Investment Strategy

Sands Capital Alternatives sources investment opportunities and provides advisory services spanning acquisition, management, monitoring, and disposition of investments in private and publicly traded companies. The strategies generally focus on robust fundamental research to identify companies with long-term growth prospects, often in technology and life sciences, leveraging deep sector expertise and active engagement with portfolio companies. Investments can be made via private funds exempt from public registration, and the firm actively manages risk and portfolio construction based on a disciplined, bottom-up analysis.

Top Buys
N
NUNU HLDGS LTD
+$25.1M
D
DASHDOORDASH INC
+$24.4M
B
BBNXBETA BIONICS INC
+$14.0M
K
KVYOKLAVIYO INC
+$13.8M
I
IOTSAMSARA INC
+$7.7M
Top Sells
P
PATHUIPATH INC
-$4.1M
I
IKTINHIBIKASE THERAPEUTICS INC
-$2.6M
T
TARSTARSUS PHARMACEUTICALS INC
-$1.8M
A
ACRVACRIVON THERAPEUTICS INC
-$1.8M
T
TXG10X GENOMICS INC
+$1.4M

Top Holdings

K
KVYOKLAVIYO INC
+23.2%$118.0M
N
NUNU HLDGS LTD
+19.4%$98.4M
D
DASHDOORDASH INC
+18.5%$94.0M
B
BBNXBETA BIONICS INC
+10.2%$52.0M
C
CPNGCOUPANG INC
+5.0%$25.4M

Equity Positions (19)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
K
KVYO
KLAVIYO INC23.24%$118.0M3,515,065$26.76$33.58+$13.8M
N
NU
NU HLDGS LTD19.39%$98.4M7,175,434$9.60$13.72+$25.1M
D
DASH
DOORDASH INC18.50%$94.0M381,202$205.46$246.51+$24.4M
B
BBNX
BETA BIONICS INC10.24%$52.0M3,570,113$12.54$14.56+$14.0M
C
CPNG
COUPANG INC5.01%$25.4M849,031$21.95$29.96+$6.9M

Industry Allocation

SERVICES-PREPACKAGED SOFTWARE
+32.8%
FINANCE SERVICES
+19.4%
SERVICES-BUSINESS SERVICES, NEC
+18.5%
SURGICAL & MEDICAL INSTRUMENTS & APPARATUS
+10.2%
BIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES)
+7.1%