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 May 2026, Spark Capital is an active investor, having invested in 343 companies, with 17 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 E round of Sigma Overall, Spark Capital portfolio has seen 47 unicorns, 15 IPOs and 93 acquisitions including key companies like Slack, Affirm and Coinbase. 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 25 people including 17 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Seed & 8 more
Portfolio IPOs
Portfolio Unicorns
Spark Capital's List of Top Investments
Spark Capital has a portfolio of 343 companies, including 47 unicorns. Their most notable investments are in MilkRun and Kik.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: 2,607 as on Apr 30, 2026
- Investors: ADS Ventures, TDM Growth Partners and 69 Others
- Latest Funding Round: Post IPO, Apr 16, 2020, $*****
- Highlight: Acquired
2. Affirm
Provider of point of sale financing solutions for consumers and merchants. It facilitates payment plans with transparent terms and no hidden fees. The company provides options for consumers to pay over time at various retailers. It offers a mobile application and browser extension to manage payments.
Key facts about Affirm
- Founded Year: 2012
- Location: San Francisco (United States)
- Annual Revenue: $3.22B as on Jun 30, 2025
- Stage: Public
- Total Funding till date: $1.22B
- Employee Count: 3,106 as on Apr 30, 2026
- Investors: HTIF, Fidelity Investments and 43 Others
- Latest Funding Round: Series G, Sep 17, 2020, $*****
- Highlight: Public
3. 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: $7.18B as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $547M
- Employee Count: 7,494 as on Apr 30, 2026
- Investors: TrueBridge, Galtymore Partners and 143 Others
- Latest Funding Round: Post IPO, Aug 13, 2021, $*****
- Highlight: Public
4. 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: 2,077 as on Apr 30, 2026
- Investors: Meritech, Silver Lake and 135 Others
- Latest Funding Round: Series G, Aug 13, 2021, $*****
- Highlight: Editors' Pick
5. 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: 2,717 as on Apr 30, 2026
- Investors: Galtymore Partners, 2B Global and 44 Others
- Latest Funding Round: Series F, Mar 21, 2023, $*****
- Highlight: Public
Spark Capital's Year-on-Year Investment Trends
Spark Capital has invested in 343 companies over the last 20 years, with an average of 19 new investments annually in the last 10 years. In 2025, it made 34 investments, while as of May 2026, it has made 18 investments in this year. Its most recent first time investment was in Radix Ark and most recent follow-on round was in Sigma.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 7 | 11 | 18 |
2025 | 18 | 16 | 34 |
2024 | 17 | 11 | 28 |
2023 | 14 | 5 | 19 |
2022 | 21 | 23 | 44 |
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 127 investments in Series A stage with an average round size of $16.6M, 70 investments in Seed stage with an average round size of $7.54M and 63 investments in Series B stage with an average round size of $44.6M.Stage of entry | No. of Investments |
|---|---|
Series A | 127 |
Seed | 70 |
Series B | 63 |
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 315 Tech companies, 211 Enterprise (B2B) companies, 182 Software companies and at least 163 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 139 |
Consumer | 94 |
FinTech | 67 |
High Tech | 56 |
Retail | 37 |
Others | 336 |
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 (259), followed by United Kingdom where it has made 15 investments.Country | No. of Investments |
|---|---|
United States | 259 |
United Kingdom | 15 |
Germany | 9 |
Israel | 9 |
Canada | 4 |
Others | 21 |
Note: We have considered here, only first round of investments
Spark Capital's recent investments
Spark Capital has made 18 investments in 2026 so far. Sigma and Mercury are the latest among them.Here are the most recent investments by Spark Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
May 18, 2026 | United States | Series E | 3183 | [+10] | |
May 08, 2026 | United States | Series D | 9554 | [+5] | |
May 05, 2026 | United States | Seed | 7615 | [+8] | |
Apr 30, 2026 | United States | Series A | 7448 | [+5] | |
Apr 28, 2026 | United States | Series B | 8512 | [+5] |
Unicorns in Spark Capital's Portfolio
Spark Capital has 47 unicorns in its portfolio - Parallel Web Systems, Alpaca Securities, Base Power and others. The most recent unicorn in their portfolio is Parallel Web Systems. It became a unicorn in 2026.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 |
|---|---|---|---|---|---|---|---|
64 | Developer of an API providing web search for AI applications | 2023 | Palo Alto | Series B | j{zunob | ||
54 | Internet-first stock broker | 2015 | San Mateo | Series D | styhnts | ||
64 | Provider of battery storage system | 2023 | Austin | Series C | clhrhoc | ||
63 | Developer of AI legal software for plaintiff law firms | 2020 | San Francisco | Series B | apfekei | ||
66 | Platform offering low code based ML powered application development software | 2019 | San Francisco | Series E | czhswmb |
IPOs and Publicly Listed companies in Spark Capital's Portfolio
15 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 | 8632 | |
May 14, 2025 | Jan 13, 2011 | Series C | 4400 | |
Nov 17, 2021 | Oct 03, 2018 | Series E | 6178 | |
Sep 29, 2021 | Jan 29, 2013 | Series B | 2450 | |
Jun 30, 2021 | - | - | 5234 |
Acquired companies in Spark Capital's Portfolio
93 companies from Spark Capital's portfolio have been acquired. The most recent acquisition was Perch in Apr 2026 by Levanta for $*****.Here are Spark Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Apr 06, 2026 | Apr 07, 2020 | Series A | 8518 | |
Mar 09, 2026 | Dec 16, 2014 | Seed | 1383 | |
Feb 12, 2026 | Dec 18, 2024 | Series A | 1384 | |
Jan 27, 2026 | May 23, 2018 | Series B | 1469 | |
Nov 19, 2025 | Oct 07, 2021 | Series C | 5160 |
Team profile of Spark Capital
Spark Capital has a team of 25 members including 17 Partners and 2 Venture Partners located in United States and United Kingdom. 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 | Zum, Capella Space and 2 more | ||
Partner | San Francisco | |||
Partner | San Francisco | - | ||
Partner | Boston | |||
Partner | New York City | - | ||
Partner | San Francisco | - | ||
Partner | Boston | |||
Partner | Miami Beach | Plume, Freight Farms and 1 more | - | |
Partner | Boston | - | - | |
Partner | Pleasant Grove | - | - | |
Partner | New York | - |
Co-investors of Spark Capital
Over the past 20 years, 2250 investors have co-invested in Spark Capital's portfolio companies. This includes funds and angels.
- Invested before Spark Capital: Y Combinator, Andreessen Horowitz and 682 others have invested in rounds before Spark Capital. There are 24 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: 763 investors entered a company along with Spark Capital. These include investors like SV Angel (15 companies).
- Invested after Spark Capital: A total of 803 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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Mercury valued at $5.2 billion in Series D funding roundTeleborsa•May 20, 2026•TCV, Mercury, Sequoia Capital, Coatue and 4 others
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Sigma Raises $80 Million Series E to Expand AI Analytics and Agentic PlatformThe SaaS News•May 19, 2026•Sigma, XN LP, Princeville Capital, K5 Global and 9 others
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Parag Agrawal's Parallel Web Systems raises $100M for AI agent web infrastructureSiliconAngle•Apr 29, 2026•Parallel Web Systems, Sequoia Capital, Index Ventures, First Round Capital and 2 others
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AI company Synera receives 35 million eurosChemeurope•Apr 20, 2026•UVC Partners, ISAI, BMW i Ventures, Cherry Ventures and 1 other
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Revaia invests $40 million in Synera to accelerate the deployment of its agentic AI in industrial engineeringBusiness Wire•Apr 14, 2026•ISAI, Synera, Revaia, Venture Stars and 11 others
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Latent raised an $80M Series A co-led by Spark Capital and Transformation CapitalStock Screener•Apr 08, 2026•Transformation Capital, Latent AI, Spark Capital, Latent and 2 others
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9fin becomes UK’s latest unicorn with £130m fundingBusinessCloud•Mar 31, 2026•CPP Investments, HarbourVest Partners, 9fin, Seedcamp and 3 others
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British Business Bank Invests $20m in Fintech Company 9finFinancial IT•Mar 31, 2026•British Business Bank, 9fin, HarbourVest Partners, CPP Investments and 4 others
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Shepherd Raises $42M Series B FundingFinSMEs•Mar 24, 2026•Shepherd, Costanoa, Spark Capital, Shepherd and 2 others
