About Ignition Partners
Ignition Partners is a venture capital firm founded in 2000. It is primarily based out of Los Altos, United States. As of Oct 2024, Ignition Partners has invested in 68 companies. It primarily invests in Series B round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Enterprise Infrastructure and FinTech. Most recently it participated in the $***** Series D round of Carbon Robotics Overall, Ignition Partners portfolio has seen 4 unicorns, 2 IPOs and 42 acquisitions including key companies like DocuSign, Cloudera and Splunk. A lot of funds co-invest with Ignition Partners, with names like Madrona sharing a substantial percentage of its portfolio. Ignition Partners has team of 18 people including 10 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Series B & 4 more
Portfolio IPOs
Ignition Partners' List of Top Investments
Ignition Partners has a portfolio of 68 companies, including 4 unicorns. Their most notable investments are in KenSci and DocuSign.Their portfolio spans across United States, Canada, Australia and 3 more locations. They have invested in Enterprise Applications, Enterprise Infrastructure, FinTech and 18 other sectors, across stages such as Series A, Series B and 4 more. Here is the list of top investments by Ignition Partners:
1. DocuSign
Provider of electronic signature and intelligent agreement management platform solutions. The platform offers tools for contract lifecycle management, agreement preparation, and agreement workflow automation. It provides features such as electronic notarization, web forms, and multi-channel delivery options. The platform extends its capabilities through integrations, APIs, and a mobile application.
Key facts about DocuSign
- Founded Year: 2003
- Location: San Francisco (United States)
- Stage: Public
- Total Funding till date: $520M
- Employee Count: 8,545 as on Sep 30, 2026
- Investors: HTIF, Glynn Capital and 92 Others
- Latest Funding Round: Post IPO, Jul 20, 2020, $*****
- Highlight: Public
2. Cloudera
Provider of hybrid data platform, data management, and AI solutions. The company delivers cloud-native agility for data and AI applications. It offers data flow streaming, data engineering, data warehousing, and operational database services. The company enables users to ingest, prepare, analyze, predict, and publish data. It also provides data catalog, data lineage, observability, and data visualization tools.
Key facts about Cloudera
- Founded Year: 2008
- Location: Palo Alto (United States)
- Annual Revenue: $500M - $1B as on Jan 31, 2021
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $1.04B
- Employee Count: 3,518 as on Sep 30, 2026
- Investors: Meritech, ADS Ventures and 38 Others
- Latest Funding Round: Series F, 2015, $*****
- Highlight: Acquired
3. Splunk
Provider of security and observability solutions that enable digital resilience. The platform offers unified security, full-stack observability, and custom applications. It helps organizations become more productive, compliant, and secure across various industries. The solutions include threat detection, investigation, and response, along with performance monitoring and troubleshooting.
Key facts about Splunk
- Founded Year: 2003
- Location: San Jose (United States)
- Annual Revenue: $1B+ as on Jan 31, 2023
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $40M
- Employee Count: 8,470 as on Sep 30, 2026
- Investors: Sprout Capital Partners, August Capital and 19 Others
- Latest Funding Round: Post IPO, Oct 17, 2022, $*****
- Highlight: Acquired
4. Heroku
Saas based provider of integrated platform as a service solutions. It allows developers to deploy, scale, and manage applications. The platform offers a runtime environment to run and execute apps in real time. Its metrics feature provides insights into the application characteristics. It supports different programming language such as PHP, java, ruby, and more.
Key facts about Heroku
- Founded Year: 2007
- Location: San Francisco (United States)
- Stage: Acquired
- Total Funding till date: $17M
- Employee Count: 136 as on Sep 30, 2026
- Investors: Harrison Metal, Redpoint Ventures and 16 Others
- Latest Funding Round: Series A, Mar 13, 2013, $*****
- Highlight: Acquired
5. Apptio
Cloud spend management platform for enterprises. It enables users to connect multi cloud, hybrid, or saas infrastructure with cloud financial management solutions to monitor and control the costs. It allows users to allocate cloud spending across products, cost centers, business units, and more. Offering includes IT planning, resource management, program management, and more.
Key facts about Apptio
- Founded Year: 2007
- Location: Bellevue (United States)
- Annual Revenue: $100M - $500M as on Dec 31, 2017
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $136M
- Employee Count: 1,289 as on Sep 30, 2026
- Investors: Sprout Capital Partners, Harvest Growth Capital and 14 Others
- Latest Funding Round: Conventional Debt, Mar 23, 2018, $*****
- Highlight: Acquired
Ignition Partners' Year-on-Year Investment Trends
Ignition Partners has invested in 68 companies over the last 25 years, with an average of 1 new investment annually in the last 10 years. Its most recent first time investment was in Carbon Robotics and most recent follow-on round was in Carbon Robotics.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 1 | 1 |
2023 | 0 | 1 | 1 |
2022 | 0 | 0 | 0 |
2021 | 2 | 3 | 5 |
2020 | 1 | 2 | 3 |
2019 | 1 | 5 | 6 |
2018 | 4 | 2 | 6 |
2017 | 2 | 5 | 7 |
Ignition Partners' Investments by Stage
Ignition Partners has made 29 investments in Series A stage with an average round size of $7.88M, 18 investments in Series B stage with an average round size of $16.9M and 8 investments in Series C stage with an average round size of $19.9M.Stage of entry | No. of Investments |
|---|---|
Series A | 29 |
Series B | 18 |
Series C | 8 |
Seed | 4 |
Series D | 2 |
Others | 1 |
Note: We have considered here, only first round of investments
Ignition Partners' Investments by Sector
Ignition Partners has a diverse portfolio, with companies operating in the Enterprise Applications, Enterprise Infrastructure, Vertical SaaS, FinTech and Consumer. Notably, it has invested in 64 Tech companies, 61 Enterprise (B2B) companies, 52 Software companies and at least 40 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 49 |
Enterprise Infrastructure | 25 |
Vertical SaaS | 9 |
FinTech | 8 |
Consumer | 6 |
Others | 40 |
Note: We have considered here, only first round of investments
Ignition Partners' Investments by Geography
Ignition Partners has made most investments in United States (59), followed by Canada where it has made 2 investments.Country | No. of Investments |
|---|---|
United States | 59 |
Canada | 2 |
Australia | 1 |
China | 1 |
India | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
Ignition Partners' recent investments
Ignition Partners has not made any investment in 2026 so far.Here are the most recent investments by Ignition Partners:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Oct 21, 2024 | United States | Series D | 5793 | [+6] | |
Mar 27, 2023 | United States | Series C | 4740 | [+4] | |
Sep 08, 2021 | United States | Series E | 4981 | [+9] | |
Sep 04, 2021 | United States | Series C | 1746 | [+14] | |
Sep 01, 2021 | United States | Series B | 3553 | [+4] |
Unicorns in Ignition Partners' Portfolio
Ignition Partners has 4 unicorns in its portfolio - SnapLogic, Aviatrix, Tractable and others. The most recent unicorn in their portfolio is SnapLogic. It became a unicorn in 2021, 9 years after Ignition Partners first invested in it.Here is a list of unicorns in Ignition Partners' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
60 | AI based platform offering ipaas solution | 2006 | San Mateo | Series G | jdalwkt | ||
59 | Provider of cloud network security and multicloud networking platform solutions | 2013 | Santa Clara | Series E | pi{{hus | ||
58 | Developer of artificial intelligence software for automated vehicle damage assessment | 2014 | London | Series E | m{ixwqq | ||
65 | Developer of software for contract lifecycle management and intelligence | 2009 | Bellevue | Series F | szzvtiu |
IPOs and Publicly Listed companies in Ignition Partners' Portfolio
2 of Ignition Partners' portfolio companies have become public. DocuSign got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Apr 2018 at marketcap of $4.41B and ChinaCache got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ) at marketcap of $323M.Here are Ignition Partners' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Apr 27, 2018 | Apr 04, 2006 | Series B | 8291 | |
Oct 01, 2010 | Apr 26, 2007 | Series B | 6865 |
Acquired companies in Ignition Partners' Portfolio
42 companies from Ignition Partners' portfolio have been acquired. The most recent acquisition was Couchbase in Jun 2025 by Haveli Investments for $*****.Here are Ignition Partners' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 20, 2025 | Aug 10, 2011 | Series C | 2148 | |
May 13, 2024 | Aug 10, 2007 | Series A | 9931 | |
Feb 27, 2024 | Jan 23, 2008 | Series B | 3407 | |
Dec 18, 2023 | Sep 24, 2015 | Series A | 7436 | |
Sep 21, 2023 | Sep 11, 2007 | Series C | 2455 |
Team profile of Ignition Partners
Ignition Partners has a team of 18 members including 10 Partners and 2 Principals located in United States and United Kingdom. Ignition Partners' team sits on the board of 3 companies.Here is a list of top team members in Ignition Partners:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Bellevue | - | ||
Partner | Los Altos | - | ||
Partner | Bellevue | |||
Partner | Bellevue | - | ||
Partner | Washington, DC | - | ||
Partner | Bellevue | - | ||
Partner | San Francisco | |||
Partner | Truro | - | ||
Partner | Seattle | - | - | |
Partner | Los Altos | - |
Co-investors of Ignition Partners
Over the past 25 years, 389 investors have co-invested in Ignition Partners's portfolio companies. This includes funds and angels.
- Invested before Ignition Partners: Accel, DCVC and 82 others have invested in rounds before Ignition Partners. There are 4 companies where Accel has invested before Ignition Partners and 4 companies where DCVC has invested before Ignition Partners.
- Top Co-investors of Ignition Partners: 116 investors entered a company along with Ignition Partners. These include investors like Madrona (5 companies).
- Invested after Ignition Partners: A total of 189 investors have invested in Ignition Partners's portfolio after their investments. Top Investors include Intel (4 companies), Insight Partners (4 companies) and Google Ventures (3 companies).
Recent News related to Ignition Partners
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Tokyu Fudosan and T2 Expand Autonomous Driving Logistics Network with Kyushu CitiesNikkan•Jul 15, 2026•Tokyu, co.jp, Global Brain, Yoshida and 9 others
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Ignition Partners with Stripe Capital for U.S. Accounting and Bookkeeping FirmsGlobal Fintech Series•Feb 10, 2026•Ignition Partners, Stripe
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Goldwin Play Earth Fund invests in Ambercycle, Inc., the material science company powering an ecosystem for circular fashionTMC•Jul 29, 2025•GOLDWIN, Ignition Partners, Ambercycle
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FOR YOU Secures 250 Million Yen in Series A FundingStartup Log•Mar 25, 2025•ForYou, Nissay Capital, GENDA Capital, Ignition Partners and 7 others
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Carbon Robotics Raises $70 Million Series D Investment Roundintelligence360•Oct 31, 2024•Carbon Robotics, Anthos Capital, FUSE, Ignition Partners and 6 others
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Carbon Robotics raises $70M to scale up AI-powered robotic farming solutionsSiliconAngle•Oct 21, 2024•Carbon Robotics, NVentures, Nvidia, Anthos Capital and 7 others
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Carbon Robotics Raises $30M for Laser Weeding RobotsIoT World Today•Aug 20, 2024•Carbon Robotics, Anthos Capital, FUSE, Ignition Partners and 1 other
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Fuse raises $250M for its second fund to supercharge more Pacific Northwest startupsGeekWire•Sep 25, 2023•FUSE, Ignition Partners, Microsoft, Amazon
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Shareholder management software provider Fresh Equities, now InvestorHub, locks in $4m raiseBusiness News Australia Pty Ltd•May 01, 2023•Fresh Equities, EVP, SiteMinder, Ignition Partners and 1 other
