SAP will commit up to 40 percent of the investable capital in the SAP.iO Fund and scale our SAP.iO Foundries with a focus on inclusive entrepreneurship.
The goal is to help at least 200 startups around the world within the next five years.
startups funded or accelerated by 2023
Up to 40%
of investible capital from the SAP.iO Fund dedicated to inclusive entrepreneurship
global Foundries with inclusive cohorts for female and diverse founders
Early-stage Venture Capital Fund
The SAP.iO Fund invests in early-stage enterprise software startups that enable SAP customers to realize new, highly incremental value to investments in SAP solutions. As of October 2018, the SAP.iO Fund portfolio includes 15 startups.
Global Network of Startup Accelerators
The SAP.iO Foundries are SAP’s global network of top tier startup programs, including accelerators, that enable startups to address high value opportunities thematically common to customers.
“Being a small company and having access to SAP’s large ecosystem has meant that we’ve been able to go global much faster.”Caitlin MacGregorCo-Founder & CEO, Plum
“SAP.iO has been incredibly involved and high-touch from the early beginning and helped us navigate through important milestones of our business.”Lonnie Rae KurlanderCo-Founder & CEO, Medal
“Investing in diversity makes fundamental business sense.”Ram JambunathanManaging Director, SAP.iO
“We can’t be prouder of what we accomplished with these talented founders and their companies.”Vanessa LiuVice President, SAP.iO Foundries North America
“SAP is committed to helping underrepresented entrepreneurs build successful startups and to leveling the playing field for women and minority founders in the startup ecosystem.”Deepak KrishnamurthyExecutive Vice President and Chief Strategy Officer, SAP SE