_1549875604427.png?format=webp&height=120&width=120){kind=logo}
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 59 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 13 unicorns, 15 IPOs and 18 acquisitions including key companies like Airbnb, DocuSign and GitHub. 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 Acquisitions
Section Partners' List of Top Investments
Section Partners has a portfolio of 59 companies, including 13 unicorns. Their most notable investments include Airbnb and DocuSign.Their portfolio spans across United States and Canada. They have invested in Enterprise Applications, Enterprise Infrastructure, FinTech and 17 other sectors, across stages such as Series D stage. Here is the list of top investments by Section Partners:1. Airbnb
Provider of accommodations, experiences, and related services through an online platform. The platform facilitates connections between hosts and individuals seeking lodging and activities. It offers a variety of options for stays and curated experiences. The platform also provides resources for individuals interested in becoming hosts.
Key facts about Airbnb
- Founded Year: 2008
- Location: San Francisco (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $3.07B
- Employee Count: 68,394 as on May 31, 2026
- Investors: TrueBridge, Fidelity Investments and 161 Others
- Latest Funding Round: Series E, Apr 06, 2020, $*****
- Highlight: Public
2. 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)
- Annual Revenue: $1B+ as on Jan 31, 2026
- Stage: Public
- Total Funding till date: $520M
- Employee Count: 8,433 as on May 31, 2026
- Investors: HTIF, Glynn Capital and 90 Others
- Latest Funding Round: Post IPO, Jul 20, 2020, $*****
- Highlight: Public
3. GitHub
Developer of software collaboration tools and automated code management systems. This platform provides version control, project tracking, and automated workflows for software development teams. It includes integrated artificial intelligence assistants to support code generation, debugging, and vulnerability detection. Users access cloud-based development environments and tools for managing software dependencies and security configurations. The infrastructure supports application deployment, code review processes, and documentation management through application programming interfaces and webhooks.
Key facts about GitHub
- Founded Year: 2008
- Location: San Francisco (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $354M
- Employee Count: 6,349 as on May 31, 2026
- Investors: Sprout Capital Partners, TrueBridge and 14 Others
- Latest Funding Round: Grant (prize money), Jun 21, 2019, $*****
- Highlight: Acquired
4. 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: $1B+ as on Jan 31, 2026
- Stage: Public
- Total Funding till date: $311M
- Employee Count: 7,887 as on May 31, 2026
- Investors: HTIF, TrueBridge and 26 Others
- Latest Funding Round: Post IPO, Jan 10, 2020, $*****
- Highlight: Public
5. Upwork
Provider of freelance marketplace connecting businesses with independent talents. It offers an AI powered suggestions, screening questions, and boosted proposals for visibility, built-in tool with screenshots and activity logs for hourly work transparency . It provides in-app messaging, file sharing, video calls, and mobile apps for iOS and Android.
Key facts about Upwork
- Founded Year: 1999
- Location: San Francisco (United States)
- Annual Revenue: $500M - $1B as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $74M
- Employee Count: 170,883 as on May 31, 2026
- Investors: Section Partners, T. Rowe Price and 24 Others
- Latest Funding Round: Post IPO, Aug 10, 2021, $*****
- Highlight: Public
Section Partners' Year-on-Year Investment Trends
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 59 Tech companies, 54 Enterprise (B2B) companies, 46 Software companies and at least 36 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 | 4402 | [+8] |
Unicorns in Section Partners' Portfolio
Section Partners has 13 unicorns in its portfolio - Expel, DailyPay, HoneyBook 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 |
|---|---|---|---|---|---|---|---|
59 | Managed detection and response provider | 2016 | Herndon | Series E | fjjgpjy | ||
75 | Financial wellness and earned wage access platform that enables employees to access their earned pay on-demand | 2015 | New York City | Series D | zcua{ex | ||
75 | Client workflow process automation software | 2013 | San Francisco | Series E | bmhhved | ||
70 | Provider of fraud prevention and payment validation for online retailers | 2011 | Palo Alto | Series E | xypfuzs | ||
70 | Provider of a learning experience platform for workforce skill development | 2012 | Pleasanton | Series D | xoeicba |
IPOs and Publicly Listed companies in Section Partners' Portfolio
15 of Section Partners' portfolio companies have become public. Cerebras got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in May 2026 at marketcap of $5.55B and Figure got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ) at marketcap of $4.34B.Here are Section Partners' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 14, 2026 | - | - | 6056 | |
Sep 11, 2025 | - | - | 1912 | |
Aug 08, 2025 | - | - | 4677 | |
Apr 25, 2024 | - | - | 6814 | |
Jun 23, 2021 | - | - | 8337 |
Acquired companies in Section Partners' Portfolio
18 companies from Section Partners' portfolio have been acquired. The most recent acquisition was Kiavi in Jun 2026 by Figure for $*****.Here are Section Partners' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 10, 2026 | - | - | 1205 | |
Apr 08, 2026 | - | - | 7362 | |
Mar 31, 2026 | - | - | 7157 | |
Mar 26, 2026 | - | - | 1185 | |
Oct 01, 2025 | - | - | 7190 |
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
•
•
•
Upskilling Platform Degreed Raises $153 Million In Series D FundingCalgary Herald•Apr 13, 2021•Degreed, Sapphire Ventures, Riverwood Capital, Signal Peak and 6 others
•
