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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 83 Power Law outcomes from Spark Capital's portfolio — 80 unicorns ($1B+ valuation) and 1 additional thoroughbreds (companies that crossed $100M+ in revenue without yet reaching $1B+ valuation).

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

83 Power Law outcomes Power Law Ranking #51 · Global · 83 Power Law outcomes · Active 2026
Unicorns ↑ 51% 5y
80
Decacorns ↑ 30% 5y
13
Thoroughbreds ↑ 115% 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 ANow $1.2B
$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 · 2024
Entered Series A
$1.0B acquisition · 2016
Entered Series A
02 · Estimated holdings

Spark Capital’s selected top 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 →

03 · Portfolio analysis

The 83 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. USA71
  2. UK4
  3. Canada2
  4. Germany1
  5. Spain1
  6. Decentralised1
  7. Norway1
  8. British Virgin Islands1
  9. Australia1
By sectorCount
  1. Fintech25
  2. AI9
  3. Other8
  4. Health Tech & Medtech8
  5. Other B2B Software7
  6. eCommerce & Marketplaces5
  7. Marketing4
  8. Edtech4
  9. Cybersecurity4
  10. Transportation3
  11. Biotech & Life Sciences2
  12. Energy2
By stage enteredCount
  1. Series B+55
  2. Series A22
  3. Seed5
04 · Portfolio market map

Spark Capital's 83 Power Law outcomes.

Stage entered
Outcome tier
Region
Group by
83 of 83 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 35 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

Stage focus

Companies by entry stage and outcome tier

Sector focus

Companies per investor across the 10 highest-volume sectors
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.

249 founders across the 83 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 States127
Israel23
India20
Germany11
Canada6
Australia6
China6
Russia5
United Kingdom5
South Korea4
+12 more →
UniversityCount
Massachusetts Institute of Technology17
Stanford University10
Berkeley8
ETH Zurich7
Carnegie Mellon University7
Wharton School of the University of Pennsylvania6
Michigan Technological University5
Princeton University5
Technion Israel Institute of Technology4
University of Cambridge4
+89 more →
Origin companyCount
Alphabet | Google25
Microsoft11
Yahoo!8
OpenAI7
Uber4
Mollie3
Amazon3
Rubrik3
Digital Turbine2
Yammer2
+66 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?

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