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Investor profile

Spark Capital

Venture capital firm · Founded 2005 · Active in 2026

Spark Capital is a venture capital firm based in Boston, USA, founded in 2005. The page below shows 91 Power Law outcomes from Spark Capital's portfolio — 81 unicorns ($1B+ valuation) and 1 additional thoroughbreds (companies that crossed $100M+ in revenue without yet reaching $1B+ valuation).

Outcomes are concentrated in Fintech · Other · AI; top portfolio geographies are USA · UK · Australia. Spark Capital ranks #51 in Global in the 2026 Dealroom Power Law Investor Ranking by cross-stage outcomes.

91 Power Law outcomes Power Law Ranking #51 · Global · 91 Power Law outcomes · Active 2026
Unicorns ↑ 62% 5y
81
Decacorns ↑ 33% 5y
12
Thoroughbreds ↑ 84% 5y
63
01 · Exits

Spark Capital’s biggest exits.

Spark Capital portfolio companies worth $1B+ that have IPO’d or been acquired. Each shows its valuation at exit and, in grey, its current value if still public.

$73.6B IPO · 2021
Entered Series B+Now $46.0B
$29.0B acquisition · 2025
Entered Series B+
$23.9B IPO · 2021
Entered Series B+Now $28.4B
$15.7B IPO · 2019
Entered Series B+Now $23.4B
$15.0B IPO · 2021
Entered Series B+Now $986M
IPO · 2014
Entered Series ANow $11.4B
$3.9B IPO · 2020
Entered Series B+Now $8.2B
$6.0B IPO · 2021
Entered Series B+Now $3.0B
$5.9B IPO · 2021
Entered Series B+Now $2.4B
$5.4B IPO · 2021
Entered Series B+Now $1.5B
$4.3B IPO · 2025
Entered Series B+Now $2.0B
$3.5B IPO · 2021
Entered SeedNow $1.7B
$3.5B acquisition · 2025
Entered Series B+
$3.4B acquisition · 2025
Entered Series B+
$2.6B acquisition · 2020
Entered Series B+
$2.3B IPO · 2021
Entered Series B+Now $93M
$2.2B IPO · 2021
Entered Series B+Now $153M
$2.0B IPO · 2025
Entered Series B+Now $1.3B
$1.8B acquisition · 2021
Entered Series B+
$1.4B IPO · 2021
Entered Series B+Now $1.6B
$1.4B IPO · 2021
Entered SeedNow $787M
$1.0B acquisition · 2016
Entered Series A
$1.0B acquisition · 2024
Entered Series A
03 · Portfolio analysis

The 91 Spark Capital Power Law outcomes ($100M+ revenue or $1B+ valuation).

Snapshot of where the outcomes are concentrated by country, sector, and stage entered.

By countryCount
  1. USA76
  2. UK4
  3. Australia2
  4. Canada2
  5. Spain1
  6. France1
  7. British Virgin Islands1
  8. Norway1
  9. Japan1
  10. Germany1
  11. Decentralised1
By sectorCount
  1. Fintech25
  2. Other11
  3. AI10
  4. Health Tech & Medtech10
  5. Other B2B Software8
  6. Cybersecurity5
  7. Edtech4
  8. eCommerce & Marketplaces4
  9. Marketing4
  10. Transportation3
  11. Biotech & Life Sciences2
  12. Robotics2
By stage enteredCount
  1. Series B+55
  2. Series A23
  3. Seed5
Estimated holdings

Spark Capital’s biggest current holdings.

An estimate of Spark Capital’s largest live positions — disclosed shareholding × Dealroom’s latest valuation — across 28 companies where Spark Capital is a named shareholder, worth about $9.2B in estimated equity value.

#CompanyEst. stakeValuationEst. value
  1. 1 DeelJobs Recruitment · Decacorn 9.5% $17.3B $1.6B
  2. 2 CartaFintech · Unicorn 11.5% $7.4B $851M
  3. 3 PlaidEnterprise Software · Unicorn 9.5% $8.0B $760M
  4. 4 DiscordGaming · Decacorn 4.5% $15.0B $675M
  5. 5 SiFiveSemiconductors · Unicorn 12.5% $3.6B $456M
  6. 6 ChainguardEnterprise Software · Unicorn 13% $3.5B $455M
  7. 7 9% $5.0B $450M
  8. 8 18% $2.3B $414M
  9. 9 6.5% $5.3B $344M
  10. 10 9.5% $3.5B $332M
  11. 11 7.5% $4.4B $330M
  12. 12 4% $8.0B $320M

Showing the 12 largest of 28 disclosed direct holdings.

6 companies hidden on this public profile. Estimated value = Spark Capital’s disclosed ownership % × Dealroom’s latest company valuation; direct named stakes only, exited positions excluded. Figures are indicative, not reported marks. Spark Capital also appears inside investor groups in Anthropic, Benchling, ClipboardHealth, Flock Safety, Kalshi, Mercury, Outreach, where a standalone stake isn’t disclosed. See the underlying cap tables on Dealroom →

04 · Portfolio market map

Spark Capital's 91 Power Law outcomes.

Stage entered
Outcome tier
Region
Group by
91 of 91 Power Law outcomes
05 · Power Law comparison

How does Spark Capital stack up?

Spark Capital in orange, your selection in blue and other colours. Pick from the global roster of 609 peer investors — scope by startup location or hit "Find similar shapes" to auto-pick the three closest. The funnel matrix mirrors the spider chart on the ranking page; the line chart shows each firm's share of unicorns minted in the selected startup location — peaks reveal vintage years.

Compare against

Share of new unicorns per year

% of global unicorns minted that year, year by year · hover the chart to see which unicorns
Performance window All-time → 2026

Stage focus

Companies by selected outcome stage

Sector focus

Companies per investor across the 10 highest-volume sectors

Beyond Unicorns — how the portfolio compounds

% of each investor's unicorn portfolio that later crossed $10B, $25B and $50B. Pick a sort tier and entry stage.
Sort by
Entry stage
Source: Dealroom Power Law dataset. Investors shown are the 2026 Power Law top 35 by combined entry-to-outcome score, drawn from the overview and locations_data sheets. Funnel-matrix axes rescale per-axis using the maximum among the currently selected investors, so the polygons always fill the chart for shape comparison.
06 · Portfolio founders

Where Spark Capital's portfolio founders come from — and where they studied.

262 founders across the 91 Power Law outcomes — split by country of origin, university attended, and the company they worked at before founding. Massachusetts Institute of Technology and Alphabet | Google are the deepest single pipelines.

LocationCount
United States144
India25
Israel21
Canada6
Australia6
China6
Russia5
United Kingdom5
South Korea4
Germany4
+11 more →
UniversityCount
Massachusetts Institute of Technology18
Stanford University14
Carnegie Mellon University10
Harvard University10
Berkeley8
Wharton School of the University of Pennsylvania6
Princeton University5
Michigan Technological University5
The Hebrew University of Jerusalem4
University of Cambridge4
+90 more →
Origin companyCount
Alphabet | Google28
Microsoft11
OpenAI8
Yahoo!6
Uber4
Mollie3
Rubrik3
Google DeepMind3
X.3
Yammer2
+70 more →
Origin = country a founder is born in or grew up in (founders may have multiple origins; counts include all entries). University = highest-listed degree. Origin company = a previous employer where the founder was tagged before starting their current company.
07 · Key people

Key people at Spark Capital.

Sources: Dealroom desktop research, official firm profiles and public investor lists.

Market sentiment

What the market is saying about Spark Capital

An AI-synthesized read of the highest-engagement posts about Spark Capital on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

In the news

Latest news about Spark Capital

Recent press, funding announcements, and portfolio moves mentioning Spark Capital — pulled live from Dealroom's news feed.

See all news

Want the full picture on Spark Capital?

The Dealroom platform tracks every round, every co-investor, and every portfolio company in real time — across 25,000+ investors and 3M+ companies globally.