About Spark
Spark is a venture capital firm founded in 2016. It is primarily based out of Lincoln, United States. It primarily invests in United States based startups. Its investments are spread across a wide range of sectors from High Tech to Blockchain Technology and Enterprise Applications. Overall, Spark portfolio has seen 6 unicorns, 25 IPOs and 7 acquisitions including key companies like Grab, DoorDash and Instacart.Key Metrics
Portfolio Sectors
Portfolio Locations
Portfolio Soonicorns
Spark's List of Top Investments
Spark has a portfolio of 122 companies, including 6 unicorns. Their most notable investments include Grab and DoorDash.Their portfolio spans across United States, Singapore, United Kingdom and 17 more locations. They have invested in High Tech, Blockchain Technology, Enterprise Applications and 28 other sectors. Here is the list of top investments by Spark:1. Grab
Operator of a platform providing ride-hailing, food delivery, and payment services. The platform offers options for transportation, on-demand delivery, and various financial solutions. It facilitates connections between consumers, drivers, and merchants. The platform also provides tools and resources for business and enterprise clients.
Key facts about Grab
- Founded Year: 2012
- Location: Singapore (Singapore)
- Annual Revenue: SGD 1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $10.4B
- Employee Count: 57,733 as on Jul 31, 2026
- Investors: Glean Management, Toyota and 108 Others
- Latest Funding Round: Post IPO, Jul 27, 2021, $*****
- Highlight: Public
2. DoorDash
Platform facilitating fast, same-day delivery of food, grocery and retail essentials from local stores and restaurants to consumers. The platform allows customers to discover local, on-demand delivery or pickup from restaurants, nearby grocery stores. The application is available on the iOS and Android platforms.
Key facts about DoorDash
- Founded Year: 2013
- Location: San Francisco (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $2.5B
- Employee Count: 80,579 as on May 31, 2026
- Investors: Founders Circle Capital, Owl Rock and 57 Others
- Latest Funding Round: Series H, Jun 18, 2020, $*****
- Highlight: Public
3. Instacart
Operator of an online marketplace providing grocery and delivery services. The platform connects customers with personal shoppers who fulfill orders from various retailers. Customers can select items, chat with shoppers, and schedule delivery or pickup. The marketplace offers a range of grocery, household, and other retail products. It also provides options for membership and business accounts.
Key facts about Instacart
- Founded Year: 2012
- Location: San Francisco (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $2.93B
- Employee Count: 25,341 as on Aug 31, 2026
- Investors: TrueBridge, equitywestsecurities.com and 85 Others
- Latest Funding Round: Series F, Oct 15, 2021, $*****
- Highlight: Public
4. 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: 7,124 as on Aug 31, 2026
- Investors: Intel, 2020 Ventures and 148 Others
- Latest Funding Round: Post IPO, Aug 13, 2021, $*****
- Highlight: Public
5. Netflix
Provider of streaming services for TV shows, movies, and documentaries. It offers users access to a wide variety of content on internet-connected devices. Users can stream a collection of movies and TV shows on phones, tablets, laptops, and TVs. It also allows users to download content for offline viewing. It provides profiles for kids with parental controls to restrict content based on maturity ratings.
Key facts about Netflix
- Founded Year: 1997
- Location: Los Gatos (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $80M
- Employee Count: 18,465 as on May 31, 2026
- Investors: 2020 Ventures, Alcor Fund and 18 Others
- Latest Funding Round: Post IPO, Nov 21, 2021, $*****
- Highlight: Public
Unicorns in Spark's Portfolio
Spark has 6 unicorns in its portfolio - Substack, Zama, Uniswap and others. The most recent unicorn in their portfolio is Substack. It became a unicorn in 2025, 1 years before Spark first invested in it.Here is a list of unicorns in Spark's portfolio:
Filter this listTracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
84 | Platform allowing writers to publish and monetize their content directly with readers. | 2017 | San Francisco | Series C | onovkja | ||
63 | Developer of fully homomorphic encryption solutions for blockchain privacy applications | 2019 | Paris | Series B | ipcbuqq | ||
79 | Provider of a decentralized exchange platform for cryptocurrency | 2018 | New York City | Series B | wnvhsrm | ||
79 | Provider of protocols for building blockchain-based solutions | 2021 | Palo Alto | Series D | vptsegv | ||
68 | Online platform for cross-chain communication for web3 | 2020 | Toronto | Series B | fzkvond |
IPOs and Publicly Listed companies in Spark's Portfolio
25 of Spark's portfolio companies have become public. Arrived got listed on the OTC Markets (OTCMKTS), in Oct 2025 and VS Media got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ) at marketcap of $100M.Here are Spark's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Oct 07, 2025 | - | - | 8869 | |
Sep 28, 2023 | - | - | 3665 | |
Sep 19, 2023 | - | - | 3282 | |
Jul 25, 2023 | - | - | 8190 | |
Apr 20, 2023 | - | - | 9203 |
Acquired companies in Spark's Portfolio
7 companies from Spark's portfolio have been acquired. The most recent acquisition was Fathom in Sep 2026 by Superhuman for $*****.Here are Spark's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 14, 2026 | - | - | 5276 | |
May 28, 2026 | - | - | 1232 | |
Jul 08, 2024 | - | - | 6611 | |
Jun 28, 2024 | - | - | 7103 | |
Apr 02, 2024 | - | - | 2032 |
