About Spark Capital
Spark Capital is a venture capital firm founded in 2005. It is primarily based out of San Francisco, United States. As of Dec 2025, Spark Capital is an active investor, having invested in 335 companies, with 14 new investments in the last 12 months. It primarily invests in Series A round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Consumer. Most recently it participated in the $***** Series F round of Cyera Overall, Spark Capital portfolio has seen 45 unicorns, 16 IPOs and 90 acquisitions including key companies like Slack, Coinbase and Rover. A lot of funds co-invest with Spark Capital, with names like SV Angel sharing a substantial percentage of its portfolio. Spark Capital has team of 26 people including 18 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Seed & 8 more
Portfolio IPOs
Portfolio Acquisitions
Portfolio Unicorns
Spark Capital's List of Top Investments
Spark Capital has a portfolio of 335 companies, including 45 unicorns. Their most notable investments are in Wunderite and Oculus.Their portfolio spans across United States, United Kingdom, Germany and 19 more locations. They have invested in Enterprise Applications, High Tech, Consumer and 30 other sectors, across stages such as Series A, Seed and 8 more. Here is the list of top investments by Spark Capital:
1. Slack
Provider of cloud-based team communication and collaboration platform. The platform organizes conversations into searchable channels and direct messages, supports voice and video calls, file sharing, and threaded discussions. It integrates with a broad range of third-party applications and automates workflows through bots and scripting tools. The system enables users to create workspaces for topic- or project-specific communication and provides enterprise-grade security, access controls, and administrative tools. It also incorporates AI-powered search, message summarization, and automation agents to enhance productivity and streamline team coordination.
Key facts about Slack
- Founded Year: 2009
- Location: San Francisco (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $1.22B
- Employee Count: 2,939 as on Dec 01, 2025
- Investors: TrueBridge, SeedFord Partners and 68 Others
- Latest Funding Round: Post IPO, Apr 16, 2020, $*****
- Highlight: Acquired

2. Coinbase
Online platform for crypto portfolio. It offers solutions for consumers such as regular trading platforms, wallets for storing cryptocurrencies, crypto exchanges, USD-backed stable coins, and more. It also provides solutions for businesses such as custodian services, crypto-based payment acceptance solutions, and more.
Key facts about Coinbase
- Founded Year: 2012
- Location: San Francisco (United States)
- Annual Revenue: $6.56B as on Dec 31, 2024
- Stage: Public
- Total Funding till date: $547M
- Employee Count: 7,135 as on Dec 01, 2025
- Investors: TrueBridge, Odenn Ventures and 141 Others
- Latest Funding Round: Post IPO, Aug 13, 2021, $*****
- Highlight: Public

3. Rover
App-based pet sitting marketplace. The platform connects dog owners with dog sitters who look after pets at owners own homes. It allows users to find other pet-care service providers and book using the platform by making an online payment. Its service offerings include dog boarding, house sitting, dog walking, pet grooming, and more. The app is available for iOS and Android devices.
Key facts about Rover
- Founded Year: 2011
- Location: Olympia (United States)
- Annual Revenue: $174M as on Dec 31, 2022
- Stage: Acquired
- Total Funding till date: $409M
- Employee Count: 11,113 as on Dec 17, 2025
- Investors: Cross Creek, T. Rowe Price and 30 Others
- Latest Funding Round: Venture Debt, May 24, 2018, $*****
- Highlight: Acquired

4. eToro
Online social trading platform for cryptocurrency, stocks, ETFs, and CFDs. It enables users to copy the traders of the community and also helps traders to earn extra income by sharing portfolios. It allows trading in stocks, ETFs, indices, currencies, and commodities.
Key facts about eToro
- Founded Year: 2007
- Location: Tel Aviv (Israel)
- Annual Revenue: $5.23B as on Dec 31, 2024
- Stage: Public
- Total Funding till date: $423M
- Employee Count: 2,724 as on Dec 18, 2025
- Investors: Galtymore Partners, 2B Global and 43 Others
- Latest Funding Round: Series F, Mar 21, 2023, $*****
- Highlight: Public

5. Carta
Software-based equity management solutions. It offers features solutions for valuation, equity planning, transfer agents, electronic securities, scenario modeling, fund administration, portfolio data collection, and more. It offers solutions to multiple sectors including private companies, investors, and public companies. It also offers ESOP management solutions.
Key facts about Carta
- Founded Year: 2012
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series G
- Total Funding till date: $1.16B
- Employee Count: 1,728 as on Jul 01, 2024
- Investors: Silver Lake, Angelneers and 133 Others
- Latest Funding Round: Series G, Aug 13, 2021, $*****
- Highlight: Editors' Pick
Spark Capital's Year-on-Year Investment Trends
Spark Capital has invested in 335 companies over the last 20 years, with an average of 19 new investments annually in the last 10 years. In 2025, it made 30 investments. Its most recent first time investment was in Antithesis and most recent follow-on round was in Cyera.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 15 | 15 | 30 |
2024 | 17 | 11 | 28 |
2023 | 14 | 5 | 19 |
2022 | 23 | 23 | 46 |
2021 | 32 | 15 | 47 |
2020 | 19 | 17 | 36 |
2019 | 17 | 23 | 40 |
2018 | 21 | 23 | 44 |
2017 | 14 | 8 | 22 |
Spark Capital's Investments by Stage
Spark Capital has made 123 investments in Series A stage with an average round size of $15.6M, 67 investments in Seed stage with an average round size of $4.93M and 62 investments in Series B stage with an average round size of $41.3M.Stage of entry | No. of Investments |
|---|---|
Series A | 123 |
Seed | 67 |
Series B | 62 |
Series C | 32 |
Series D | 13 |
Others | 11 |
Note: We have considered here, only first round of investments
Spark Capital's Investments by Sector
Spark Capital has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, FinTech, High Tech and Retail. Notably, it has invested in 306 Tech companies, 204 Enterprise (B2B) companies, 176 Software companies and at least 161 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 132 |
Consumer | 93 |
FinTech | 65 |
High Tech | 51 |
Retail | 37 |
Others | 324 |
Note: We have considered here, only first round of investments
Spark Capital's Investments by Geography
Spark Capital has made most investments in United States (252), followed by United Kingdom where it has made 14 investments.Country | No. of Investments |
|---|---|
United States | 252 |
United Kingdom | 14 |
Germany | 9 |
Israel | 8 |
Canada | 4 |
Others | 21 |
Note: We have considered here, only first round of investments
Spark Capital's recent investments
Spark Capital has not made any investment in 2026 so far.Here are the most recent investments by Spark Capital:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Dec 16, 2025 | United States | Series F | 9066 | Blackstone [+9] | |
Dec 04, 2025 | United States | Series A | 5397 | Index Ventures [+3] | |
Dec 03, 2025 | United States | Series A | 4457 | Jane Street [+8] | |
Nov 19, 2025 | United States | Series B | 7288 | Altimeter Capital [+3] | |
Nov 12, 2025 | United States | Series A | 2196 | Kleiner Perkins [+4] |
Unicorns in Spark Capital's Portfolio
Spark Capital has 45 unicorns in its portfolio - Base Power, Eve, Baseten Technologies and others. The most recent unicorn in their portfolio is Base Power. It became a unicorn in 2025.Here is a list of unicorns in Spark Capital's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
67 | Provider of battery storage system | 2023 | Austin | Series C | mwdgsiz | ||
61 | AI powered legal research assistant | 2020 | San Francisco | Series B | lxrty{u | ||
66 | Platform offering low code based ML powered application development software | 2019 | San Francisco | Series E | jkrztoz | ||
75 | Developer of an online fantasy sports platform | 2020 | Brooklyn | Series C | bgqkoqk | ||
59 | Robotics and artificial intelligence startup that develops and commercializes robots and chatbots to assist humans with various tasks, aiming to free up time and increase productivity | 2010 | San Francisco | Series D | ajuvqdn |
IPOs and Publicly Listed companies in Spark Capital's Portfolio
16 of Spark Capital's portfolio companies have become public. Wealthfront got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Dec 2025 at marketcap of $2.05B and eToro got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ) at marketcap of $2.31B.Here are Spark Capital's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Dec 12, 2025 | Oct 28, 2014 | Series D | 5856 | |
May 14, 2025 | Jan 13, 2011 | Series C | 7454 | |
Nov 17, 2021 | Oct 03, 2018 | Series E | 9080 | |
Sep 29, 2021 | Jan 29, 2013 | Series B | 9349 | |
Jun 30, 2021 | - | - | 6165 |
Acquired companies in Spark Capital's Portfolio
90 companies from Spark Capital's portfolio have been acquired. The most recent acquisition were Particle in Jan 2026 by Digi International.Here are Spark Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jan 27, 2026 | May 23, 2018 | Series B | 2696 | |
Nov 19, 2025 | Oct 07, 2021 | Series C | 5835 | |
Oct 21, 2025 | Dec 15, 2014 | Series B | 7264 | |
Oct 14, 2025 | May 06, 2015 | Series B | 9506 | |
Oct 06, 2025 | Jul 13, 2023 | Series A | 1269 |
Team profile of Spark Capital
Spark Capital has a team of 26 members including 18 Partners, 1 Venture Partner and 4 Principals located in United States, India and 1 more location. Spark Capital's team sits on the board of 15 companies.Here is a list of top team members in Spark Capital:
Name | Designation | Location | Board Memberships | Contact details |
|---|---|---|---|---|
Partner | San Francisco | Capella Space, Zum and 2 more | ||
Partner | San Francisco | |||
Partner | San Francisco | - | ||
Partner | Boston | |||
Partner | New York | |||
Partner | New York City | - | ||
Partner | San Francisco | - | ||
Partner | Boston | |||
Partner | United States | Plume, Freight Farms and 1 more | ||
Partner | Boston | - | ||
Partner | India | - | - |
Co-investors of Spark Capital
Over the past 20 years, 2192 investors have co-invested in Spark Capital's portfolio companies. This includes funds and angels.
- Invested before Spark Capital: Y Combinator, Andreessen Horowitz and 670 others have invested in rounds before Spark Capital. There are 22 companies where Y Combinator has invested before Spark Capital and 17 companies where Andreessen Horowitz has invested before Spark Capital.
- Top Co-investors of Spark Capital: 735 investors entered a company along with Spark Capital. These include investors like SV Angel (15 companies).
- Invested after Spark Capital: A total of 785 investors have invested in Spark Capital's portfolio after their investments. Top Investors include Tiger Global Management (13 companies), Spark Capital (12 companies) and SoftBank Vision Fund (11 companies).
Recent News related to Spark Capital
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Data security startup Cyera hits $9B valuation after being valued at $6BTechCrunch+•Jan 09, 2026•Cyera, Coatue, Blackstone, Accel and 12 others
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Twitter & Pinterest founders raise $29M for West Co social app 'Tangle'TechCrunch+•Jan 05, 2026•West, Spark Capital
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7AI Raises $130 Million to Protect Corporate Security Teams from Alert FatigueTHE BRIDGE•Dec 24, 2025•7AI, Greylock, CRV, Index Ventures and 2 others
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Edison Scientific Secures $70M to Develop Autonomous AI Scientists for Scientific ResearchSiliconAngle•Dec 19, 2025•Triatomic, Edison Scientific, Spark Capital, Spark Capital and 5 others
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Cybersecurity Startup 7AI Raises $130 Million in Series A FundingThe Wall Street Journal•Dec 04, 2025•7AI, Blackstone, Greylock, Index Ventures and 3 others
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Jane Street Leads Antithesis's $105M Series A RoundPR Newswire•Dec 03, 2025•Jane Street, Antithesis, Amplify Partners, Spark Capital and 7 others
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Profluent Raises $106M to Scale Frontier AI Models for Programmable BiologyBusiness Wire•Nov 19, 2025•Profluent Bio, Insight Partners, Air Street Capital, Altimeter Capital and 2 others
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Sesame, developer of personal AI agent, raises $250M in Series B roundstartuplog.com•Oct 22, 2025•Sesame, Sequoia Capital, Spark Capital, Meta and 6 others










