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About Section Partners
Section Partners is a venture capital firm founded in 2016. It is primarily based out of Palo Alto, United States. As of Apr 2021, Section Partners has invested in 56 companies. It primarily invests in Series D 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 Degreed Overall, Section Partners portfolio has seen 12 unicorns, 14 IPOs and 15 acquisitions including key companies like Airbnb, MongoDB and Palantir. A lot of funds co-invest with Section Partners, with names like Sapphire Ventures sharing a substantial percentage of its portfolio.Key Metrics
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series D
Portfolio Soonicorns
Section Partners' List of Top Investments
Section Partners has a portfolio of 56 companies, including 12 unicorns. Their most notable investments include Airbnb and MongoDB.Their portfolio spans across United States and Canada. They have invested in Enterprise Applications, Enterprise Infrastructure, FinTech and 15 other sectors, across stages such as Series D stage. Here is the list of top investments by Section Partners:1. Airbnb
Online platform for booking vacation rental accommodations. The platform enables travelers to discover and book vacation rentals hosted by peers. Users can book accommodations by providing location, user details, payment details, and more. Property owners can list accommodations on the platform. The app is available for Android and iOS devices.
Key facts about Airbnb
- Founded Year: 2008
- Location: San Francisco (United States)
- Stage: Public
- Total Funding till date: $2.95B
- Employee Count: 7,300 as on Dec 31, 2024
- Investors: T. Rowe Price, TrueBridge and 149 Others
- Latest Funding Round: Series E, Apr 06, 2020, $*****
- Highlight: Public
2. MongoDB
Provider of a cloud-based database-as-a-service platform. The platform uses distributed infrastructure on commodity servers and supports developers in building mobile and web applications. Features of the product include data visualization, vector search, stream processing, cluster distribution, and more.
Key facts about MongoDB
- Founded Year: 2007
- Location: New York City (United States)
- Annual Revenue: $1.21B as on Jan 31, 2025
- Stage: Public
- Total Funding till date: $311M
- Employee Count: 5,037 as on Jan 31, 2024
- Investors: HTIF, Kaplan Group Investments and 26 Others
- Latest Funding Round: Post IPO, Jan 10, 2020, $*****
- Highlight: Public
3. Palantir
Platform that provides data analysis and management solutions. It is a software company that specializes in big data analytics and provides software platforms for analyzing and integrating large amounts of data. Its software powers real-time, AI-driven decisions in critical government and commercial enterprise, from the factory floors to the front lines.
Key facts about Palantir
- Founded Year: 2003
- Location: Denver (United States)
- Annual Revenue: $2.87B as on Dec 31, 2024
- Stage: Public
- Total Funding till date: $2.46B
- Employee Count: 3,936 as on Dec 31, 2024
- Investors: TrueBridge, Harmony Venture Partners and 163 Others
- Latest Funding Round: Post IPO, Aug 31, 2023, $*****
- Highlight: Public
4. GitHub
Provider of a platform for software development, collaboration, and security. It offers tools for code creation, developer workflows, and application security. The platform facilitates planning, code review, and project management. It also provides features for continuous integration and continuous delivery.
Key facts about GitHub
- Founded Year: 2008
- Location: United States
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $354M
- Employee Count: 2,193 as on Dec 31, 2022
- Investors: TrueBridge, Section Partners and 14 Others
- Latest Funding Round: Grant (prize money), Jun 21, 2019, $*****
- Highlight: Acquired
5. Upwork
Provider of marketplace connecting businesses with professionals and agencies. The platform allows users to post job requests by mentioning job specifications and requirements and allows freelancers to send bids. It allows recruiters to review the bids, chat, video call, compare bids, track and buy projects, and hire and pay for work done. It enables collaboration between network of independent professionals, including accountants, CAD designers, fashion designers, ghostwriters, graphic designers, product developers, square space developers, tax preparers, virtual assistants, and more. The offering sectors include sales, marketing, writing, information technology, consumer service, and more.
Key facts about Upwork
- Founded Year: 1999
- Location: San Francisco (United States)
- Annual Revenue: $439M as on Dec 31, 2024
- Stage: Public
- Total Funding till date: $74M
- Employee Count: 2 as on Dec 31, 2024
- Investors: T. Rowe Price, Savano Capital Partners and 24 Others
- Latest Funding Round: Post IPO, Aug 10, 2021, $*****
- Highlight: Public
Section Partners' Year-on-Year Investment Trends
Section Partners has invested in 56 companies over the last 5 years, with an average of 0 new investment annually in the last 5 years. Its most recent first time investment was in Degreed.Section Partners' Investments by Stage
Section Partners has made 1 investment in Series D stage with an average round size of $153M.Section Partners' Investments by Sector
Section Partners has a diverse portfolio, with companies operating in the EdTech, Enterprise Applications and Vertical SaaS. Notably, it has invested in 56 Tech companies, 51 Enterprise (B2B) companies, 43 Software companies and at least 34 companies focusing on Saas.Sector | No. of Investments |
|---|---|
EdTech | 1 |
Enterprise Applications | 1 |
Vertical SaaS | 1 |
Note: We have considered here, only first round of investments
Section Partners' Investments by Geography
Section Partners has made most investments in United States (1).Section Partners' recent investments
Section Partners has not made any investment in 2026 so far.Here are the most recent investments by Section Partners:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Apr 13, 2021 | United States | Series D | 5109 | [+8] |
Unicorns in Section Partners' Portfolio
Section Partners has 12 unicorns in its portfolio - Expel, Cerebras, Reltio and others. The most recent unicorn in their portfolio is Expel. It became a unicorn in 2021, 4 years before Section Partners first invested in it.Here is a list of unicorns in Section Partners' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
54 | Managed detection and response provider | 2016 | Herndon | Series E | rlwmjjq | ||
70 | Platform offering computing and artificial intelligence solutions | 2015 | Sunnyvale | Series G | rsrszzy | ||
65 | Cloud based platform for master data management | 2011 | Redwood City | Series E | fjpaenw | ||
76 | Developer of an online platform for employee financial benefits | 2015 | New York City | Series D | wb{dirp | ||
74 | Client workflow process automation software | 2013 | San Francisco | Series E | wpaozmb |
IPOs and Publicly Listed companies in Section Partners' Portfolio
14 of Section Partners' portfolio companies have become public. Figure got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Sep 2025 at marketcap of $4.34B and HeartFlow got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ) at marketcap of $1.53B.Here are Section Partners' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 11, 2025 | - | - | 1534 | |
Aug 08, 2025 | - | - | 8745 | |
Apr 25, 2024 | - | - | 5539 | |
Jun 23, 2021 | - | - | 8030 | |
Nov 27, 2020 | - | - | 8613 |
Acquired companies in Section Partners' Portfolio
15 companies from Section Partners' portfolio have been acquired. The most recent acquisition were Sojern in Oct 2025 by RateGain for $250M.Here are Section Partners' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Oct 01, 2025 | - | - | 9020 | |
May 27, 2025 | - | - | 2334 | |
Oct 17, 2024 | - | - | 5201 | |
Jul 21, 2022 | - | - | 1694 | |
Apr 11, 2022 | - | - | 6376 |
Co-investors of Section Partners
Over the past 5 years, 14 investors have co-invested in Section Partners's portfolio companies. This includes funds and angels.
- Invested before Section Partners: Jump Capital, Signal Peak and 8 others have invested in rounds before Section Partners. There is 1 company where Jump Capital has invested before Section Partners and 1 company where Signal Peak has invested before Section Partners.
- Top Co-investors of Section Partners: 4 investors entered a company along with Section Partners. These include investors like Sapphire Ventures (1 company).
Recent News related to Section Partners
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Upskilling Platform Degreed Raises $153 Million In Series D FundingCalgary Herald•Apr 13, 2021•Degreed, Sapphire Ventures, Riverwood Capital, Signal Peak and 6 others
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