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 Oct 2026, Spark Capital is an active investor, having invested in 360 companies, with 25 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 C round of Airspace Intelligence Overall, Spark Capital portfolio has seen 52 unicorns, 15 IPOs and 100 acquisitions including key companies like Coinbase, Rover and Carta. 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 22 people including 15 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Seed & 8 more
Portfolio IPOs
Portfolio Acquisitions
Portfolio Unicorns
Deals in last 12 months
Spark Capital's List of Top Investments
Spark Capital has a portfolio of 360 companies, including 52 unicorns. Their most notable investments are in TigerBeetle and Wunderite.Their portfolio spans across United States, United Kingdom, Germany and 19 more locations. They have invested in Enterprise Applications, High Tech, Consumer and 31 other sectors, across stages such as Series A, Seed and 8 more. Here is the list of top investments by Spark Capital:
1. 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: $1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $547M
- Employee Count: 7,025 as on Sep 30, 2026
- Investors: Intel, 2020 Ventures and 152 Others
- Latest Funding Round: Post IPO, Aug 13, 2021, $*****
- Highlight: Public
2. 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: $100M - $500M as on Dec 31, 2022
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $409M
- Employee Count: 11,896 as on Sep 30, 2026
- Investors: K2 Global, Cross Creek and 34 Others
- Latest Funding Round: Venture Debt, May 24, 2018, $*****
- Highlight: Acquired
3. 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: 5,728 as on Sep 30, 2026
- Investors: Meritech, Silver Lake and 141 Others
- Latest Funding Round: Series G, Aug 13, 2021, $*****
- Highlight: Editors' Pick
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: $1B+ as on Dec 31, 2024
- Stage: Public
- Total Funding till date: $423M
- Employee Count: 2,713 as on Sep 30, 2026
- Investors: Galtymore Partners, West Coast Equity Partners and 47 Others
- Latest Funding Round: Series F, Mar 21, 2023, $*****
- Highlight: Public
5. Ramp
Provider of a platform for spend management, corporate cards, and payables. The platform offers features such as expense management, accounts payable processing, and travel management. It also provides procurement and accounting automation capabilities. The platform aims to streamline financial operations and improve efficiency for finance teams.
Key facts about Ramp
- Founded Year: 2019
- Location: New York City (United States)
- Valuation: $*****
- Stage: Series G
- Total Funding till date: $5.07B
- Employee Count: 6,209 as on Sep 30, 2026
- Investors: equitywestsecurities.com, T. Rowe Price and 78 Others
- Latest Funding Round: Series G, Oct 10, 2026, $*****
- Highlight: Editors' Pick
Spark Capital's Year-on-Year Investment Trends
Spark Capital has invested in 360 companies over the last 20 years, with an average of 20 new investments annually in the last 10 years. In 2025, it made 37 investments, while as of Oct 2026, it has made 43 investments in this year. Its most recent first time investment was in AntSeed and most recent follow-on round was in Airspace Intelligence.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 22 | 21 | 43 |
2025 | 21 | 16 | 37 |
2024 | 16 | 11 | 27 |
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 | 15 | 8 | 23 |
Spark Capital's Investments by Stage
Spark Capital has made 135 investments in Series A stage with an average round size of $21.2M, 74 investments in Seed stage with an average round size of $7.44M and 64 investments in Series B stage with an average round size of $44.8M.Stage of entry | No. of Investments |
|---|---|
Series A | 135 |
Seed | 74 |
Series B | 64 |
Series C | 35 |
Series D | 14 |
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 329 Tech companies, 224 Enterprise (B2B) companies, 191 Software companies and at least 167 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 147 |
Consumer | 92 |
FinTech | 65 |
High Tech | 61 |
Retail | 36 |
Others | 353 |
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 (274), followed by United Kingdom where it has made 15 investments.Country | No. of Investments |
|---|---|
United States | 274 |
United Kingdom | 15 |
Israel | 9 |
Germany | 8 |
Canada | 4 |
Others | 22 |
Note: We have considered here, only first round of investments
Spark Capital's recent investments
Spark Capital has made 43 investments in 2026 so far. Airspace Intelligence and Oratomic 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 |
|---|---|---|---|---|---|
Oct 20, 2026 | United States | Series C | 7581 | [+4] | |
Oct 08, 2026 | United States | Series B | 8139 | ||
Oct 06, 2026 | - | Seed | 7896 | ||
Sep 28, 2026 | United States | Seed | 9269 | ||
Sep 16, 2026 | United States | Series A | 3899 |
Unicorns in Spark Capital's Portfolio
Spark Capital has 52 unicorns in its portfolio - Neros, Cover Genius, Generalist AI and others. The most recent unicorn in their portfolio is Neros. 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 |
|---|---|---|---|---|---|---|---|
62 | Manufacturer of unmanned aerial vehicles and ground control station systems | 2023 | Los Angeles | Series C | vu{{r{b | ||
67 | Provider of a software suite for the insurance industry | 2014 | New York City | Series F | kbpjcix | ||
63 | Developer of robots and related data, models, and hardware solutions | 2024 | San Mateo | Series B | z{aewsv | ||
72 | Developer of an API providing web search for AI applications | 2023 | Palo Alto | Series B | oifgili | ||
70 | Provider of artificial intelligence software for debt market credit analysis | 2016 | London | Series C | zmppquw |
IPOs and Publicly Listed companies in Spark Capital's Portfolio
15 of Spark Capital's portfolio companies have become public. Teamshares got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Jun 2026 and Wealthfront got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ) at marketcap of $2.05B.Here are Spark Capital's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 23, 2026 | Aug 18, 2023 | Series D | 5141 | |
Dec 12, 2025 | Oct 28, 2014 | Series D | 3415 | |
May 14, 2025 | Jan 13, 2011 | Series C | 7277 | |
Sep 29, 2021 | Jan 29, 2013 | Series B | 7239 | |
Jun 30, 2021 | - | - | 6309 |
Acquired companies in Spark Capital's Portfolio
100 companies from Spark Capital's portfolio have been acquired. The most recent acquisition was Braze in Oct 2026 by Salesforce 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 |
|---|---|---|---|---|
Oct 20, 2026 | Oct 03, 2018 | Series E | 7766 | |
Sep 18, 2026 | Jul 11, 2011 | Series C | 5887 | |
Sep 08, 2026 | Sep 12, 2023 | Seed | 7287 | |
Aug 28, 2026 | Dec 03, 2010 | Series B | 2359 | |
Jul 31, 2026 | Jan 28, 2025 | Series C | 2971 |
Team profile of Spark Capital
Spark Capital has a team of 22 members including 15 Partners, 1 Venture Partner and 1 Principal located in United States and United Kingdom. Spark Capital's team sits on the board of 12 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 | Pleasant Grove | - | - | |
Partner | New York | - | ||
Partner | New York City | - | ||
Partner | Boston | - |
Co-investors of Spark Capital
Over the past 20 years, 2375 investors have co-invested in Spark Capital's portfolio companies. This includes funds and angels.
- Invested before Spark Capital: Y Combinator, Andreessen Horowitz and 708 others have invested in rounds before Spark Capital. There are 24 companies where Y Combinator has invested before Spark Capital and 18 companies where Andreessen Horowitz has invested before Spark Capital.
- Top Co-investors of Spark Capital: 805 investors entered a company along with Spark Capital. These include investors like SV Angel (15 companies).
- Invested after Spark Capital: A total of 860 investors have invested in Spark Capital's portfolio after their investments. Top Investors include Tiger Global Management (13 companies), Spark Capital (13 companies) and T. Rowe Price (12 companies).
Recent News related to Spark Capital
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Spark Capital leads $325m round for AI aviation startup ASITech in Asia•Oct 21, 2026•Airspace Intelligence, Energy Impact Partners, Craft Ventures, Citadel Securities and 3 others
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Oratomic Secures $775 Million for Fault-Tolerant Quantum Computer DevelopmentDCD•Oct 12, 2026•Oratomic, Khosla Ventures, Arch Venture Partners, Bezos Expeditions and 3 others
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UK Quantum Startup Universal Quantum Raises $100 Million Series A, Expands to SingaporeTech in Asia•Oct 09, 2026•Firgun Ventures, DCVC, Universal Quantum, Oratomic and 6 others
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CivilGrid Secures $26 Million in Series A Fundinghttps://www.intelligence360.news/•Oct 06, 2026•CivilGrid, Spark Capital
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Antseed Raises $2.4M for Decentralized AI Inference MarketplaceCryptocurrency•Oct 06, 2026•Digital Currency Group, Spark Capital
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TAR Secures $120 Million Series A Funding Led by Spark CapitalMassinvestor•Sep 15, 2026•TAR, Spark Capital, Spark Capital, Rune
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Piston Raises $15 Million in Series A Led by FPV VenturesEntrackr•Sep 10, 2026•Spark Capital, Pear VC, FPV Ventures, Piston and 2 others
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Spark Capital Private Wealth Management Adds Eight Senior Bankers to Accelerate Growth in IndiaHubbis•Sep 09, 2026•Spark Capital
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Stoke Space Raises $1 Billion Ahead of First LaunchDefense Daily•Sep 08, 2026•Spark Capital, Point72 Ventures, Stoke, Spark Capital and 1 other
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CivilGrid raises $26 million in Series A funding for its underground infrastructure information platformStartup Log•Aug 28, 2026•CivilGrid, SNR, Energy Impact Partners, A Star and 3 others
