Spark Capital logo

Spark Capital

Multi-stage venture firmSEC venture capital fund adviserRaising· Boston, MassachusettsSPARKCAPITAL.COM

Spark Capital invests in products we love by creators we admire across all sectors and stages.

In the firm's own words, from its website.

Reported fund assets
$16B
sum of its funds' Form ADV filings, last 30 months
New companies, 12 mo
8
Investment team
8
Latest vintage
2026
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

10 additional team members, 37 additional co-investors and affiliates, 188 additional investments, funds and LPs, 51 events, 2 verified contacts (1 published business email, 1 firm phone)

Every relationship, signal and contact on this record, with the source on each.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

What matters now

  1. 2 vehicles
    on Form D, 18 months

    $155M reported sold so far.

    A Form D is filed when a vehicle takes its first money, so these are open to LPs now.

    FactSEC Form D filingsFor LPs, fund-of-funds, placement agentsVehicles →
  2. 8 companies
    new in 12 months

    8 new companies in the last 12 months.

    A firm writing cheques this quarter is one a founder can pitch now.

    Factfunding announcements, Form D, the firm's portfolio pageInvestments →
  3. 5 companies
    portfolio raising

    5 portfolio companies have new financing on record in 6 months without this firm named on the round; the latest on 31 Aug 2026 ($3.11B sold on Form D).

    A portfolio company raising again is a follow-on decision for the firm and a co-investment opening for others.

    FactSEC Form D filingsFor Co-investors, LPs, lendersInvestments →
  4. 10 deals
    with Sequoia Capital

    Invests most often alongside Sequoia Capital (10 shared deals) and Union Square Ventures (7 shared deals).

    pair last observed on record 1 Oct 2026, not a deal date · The firms it syndicates with are the likeliest to see the same deals and to fill out its rounds.

    Measuredshared rounds and portfolio companies on recordCo-investors →
  5. 1 of 5
    enter at Series B+

    Enters mostly at Series B or later: 4 of 5 first entries on record, in line with the series b stage its site states.

    rounds to 4 Aug 2026 · Tells a founder whether their round is one this firm writes.

    Derived5 rounds with a stated stage, against the firm's siteInvestments →

People to know

View all people
  • Member
    Why: Named with investment responsibility
    No route on file yet
  • Managing Member
    Why: Named with investment responsibility
    No route on file yet
  • Managing Member
    Why: Named with investment responsibility
    No route on file yet

Relationship network

194 connected entities35 observed rounds14 repeat counterparties4 dated rounds shown here, 2009 to 2026

From financing rounds and every investor named in them, Form ADV and Form D filings, the firm's funds and team, and disclosed LP commitments in the venture capital graph. A round's amount is the size of the round, not money that moved between two investors.

Some relationships on this record are counted rather than named here. They open with the full profile.

Click any name or line for the rounds and sources behind it. Line weight is rounds together; dashed lines are inferred.

What stands out
Reading the network
  • Sponsor
  • Company
  • Capital provider
  • Fund or vehicle
  • Person
›How strength and recency are read

Co-investors are read from the rounds: three or more shared rounds is a strong observed relationship, two a repeat co-investor, one a single round. Funds and people are structural. Nothing is scored that a reader cannot check.

Darker lines were active in the last 24 months or are current; lighter lines are older or undated.

How am I connected?

Name your firm, a company or a person, and DFX finds the published routes to Spark Capital: a shared portfolio company or board, a prior employer, a co-investor, a shared LP or service provider. Every step is a filed or published record with its source; none is a guess about who knows whom.

See how you connect to Spark Capital

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Investing

75 companies on record, 8 new in 12 months

Investments on record

75 companies, 29 partner-attributed
CompanyRoundRolePartnerRound sizeThis investorDateSource
Abridgeportfolio listingunknownunknownunknownunknownOct 1, 2026Fact Firm website
Affirmportfolio listingunknownunknownunknownunknownOct 1, 2026Fact Firm website
Airspace Intelligenceportfolio listingunknownunknownunknownunknownOct 1, 2026Fact Firm website

Stated thesis versus observed behaviour

84 observed deals
Stated (the firm’s website)
Sectors
not stated or not yet read
Stages
series b
Geography
not stated
Check size
not stated; DFX does not estimate checks from round sizes
Observed (from deals on record)
Stage at participation
series b 40%series a 20%series c 20%series d plus 20%
Stage at first entry
series b 40%series a 20%series c 20%series d plus 20%
Industries, each company once
Hardware and deep tech, Software or Tech-enabled and IT services (3)Hardware and deep tech (1)
lead rate 40%follow-on rate 26%new companies, 12 months 8

Team

10 current, 6 departed

Decision makers

who to call first, and why; then everyone else by function
  • Alexander J Finkelstein · Member
    Why this person: Named with investment responsibility
  • Jeremy G Philips · Managing Member
    Why this person: Named with investment responsibility
  • Santo Politi · Managing Member
    Why this person: Named with investment responsibility

Ranked by the role the firm or its filing states, a route on file and deals led. Every reason is read from the record, never inferred. Routes are published by the person or the firm (their bio, the team page or a filing) and are revealed on a plan; data bought from a provider is never shown, and a route printed at a firm the person has since left is held back.

Investment team

10 current, 6 departed
6 departed (kept with end dates)
  • Andrew D Parker · Executive Officer · Oct 1, 2013 to Mar 26, 2020 Inference
  • Bijan R Sabet · Member · Nov 1, 2013 to Mar 27, 2023 Inference
  • Megan Quinn · Executive Officer · Nov 1, 2015 to Mar 30, 2021 Inference

Contacts

1 published business email, 1 firm phone

1 published business email, 1 firm phone on record, each with its source. Values open with the complete profile.

Funds and LPs

33 vehicles, 4 LPs disclosed

Funds and vehicles

33 reported, 2 no longer reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
Spark Capital Growth Fund VI, L.P.Growth fund2026 form d first saleFundraisingunknownunknown$0
of $1.9B
Apr 2, 2026
Spark Capital IX, L.P.Fund2026 form d first saleFundraisingunknownunknown$0
of $850M
Apr 2, 2026
Spark Capital Growth Founders' Fund VI, L.P.Growth fund2026 form d first saleNewly closedunknownunknown$24.9M
of $24.9M
Aug 4, 2026

Limited partners

4 LPs, 24 disclosed commitments

Known LPs and allocators

66 relationships across the firm's funds, from public pensions and the allocator graph
AllocatorTypeFundAmountDateSource
Washington State Investment BoardPUBLIC INSTITUTIONAL POOLSpark Capital IX, L.P. and Spark Capital Growth VI, L.P. at Spark Capital$100M
committed
approved Apr 16, 2026Fact Board minutes
South Carolina Retirement System (SCRS)STATE RETIREMENT SYSTEMSpark Capital Growth Fund VI, L.P.$70.0M
committed
committed Mar 31, 2026Fact Board minutes
Massachusetts Pension Reserves Investment Management BoardPUBLIC INSTITUTIONAL POOLSpark Capital Growth Fund VI, L.P.$42.0M
committed
approved Feb 26, 2026Fact Board minutes

Relationships across DFX

156 co-investors · on 2 other DFX graphs

Co-investors

156 counted from shared deals, for the whole firm

Compare portfolios with Sequoia Capital, Union Square Ventures, Institutional Venture or any firm. Co-investors across the market

Across DFX and the capital chainon 2 other DFX graphs · 279 capital paths Show
Across DFX
  • The same institution is held on Allocators, RIA and Wealth, matched by identifier. See which records
Across the graphs

Spark Capital is the same institution as 2 records in Allocators and RIA and Wealth.

Allocators1RIA and Wealth1

DFX found 2 relationships across 2 datasets

Which record it is in each graph, what it is called there, and how the two were matched.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Checking your plan…

Capital chain

Spark Capital sits on 279 traced paths of capital across the graphs.

Allocator commitments to a managerAllocator to VC fund to manager to company

DFX traced 279 paths of capital through this record

Every record on each path, what it committed or lent, and as of when.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.

Checking your plan…

Evidence and history

56 dated events, 70 observations from 3 sources

Timeline

56 dated events
  1. Aug 4, 2026
    Spark Capital filed the first Form D for Spark Capital Founders' Fund IX, L.P. (fund 9), its next fund after Spark Capital Founders' Fund VIII, L.P. (vintage 2024); offering $10.1M
    Fund next filedderived signalInferenceSpark Capital Founders' Fund IX, L.P.
  2. Jun 15, 2026
    Spark Capital IX, L.P.: the Form D filed 2026-06-15 reports the offering fully sold ($1.00B of $1.00B, 258 investors); a final close is inferred
    Fund close inferredderived signalInferenceSpark Capital IX, L.P.
  3. Jun 15, 2026
    Spark Capital Growth Fund VI, L.P.: the Form D filed 2026-06-15 reports the offering fully sold ($2.33B of $2.33B, 258 investors); a final close is inferred
    Fund close inferredderived signalInferenceSpark Capital Growth Fund VI, L.P.
  4. Apr 2, 2026
    Spark Capital filed the first Form D for Spark Capital IX, L.P. (fund 9), its next fund after Spark Capital Viii, L.P. (vintage 2023); offering $850.0M
    Fund next filedderived signalInferenceSpark Capital IX, L.P.
  5. Apr 2, 2026
    Spark Capital filed the first Form D for Spark Capital Growth Fund VI, L.P. (fund 6), its next fund after Spark Capital Growth Fund V, L.P. (vintage 2023); offering $1.95B
    Fund next filedderived signalInferenceSpark Capital Growth Fund VI, L.P.

Identity and regulatory footprint

Address, phone, Form ADV filing and ownersForm ADV filed Mar 27, 2026 · 27 private fundsShow
Headquarters
Boston, MAadviserinfo.sec.gov
Office address
unknownadviserinfo.sec.gov
Business phone
unknownadviserinfo.sec.gov
SEC adviser type
Exempt reporting adviseradviserinfo.sec.gov
SEC exemption claimed
Venture capital fund adviseradviserinfo.sec.govItem 2.B(1): advises solely venture capital funds
Latest Form ADV
Mar 27, 2026
Private funds reported
27 (27 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total
$16Badviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Owners on Schedule A
Spark Princpals Holdings, LLC (Member), owns under 5%

Classification history

Every classification this record has carried4 on recordShow
  1. Sep 23, 2026
    Multi-stage venture firm (confirmed, 95%)
    Both early and growth/opportunity families, reported GAV $15.6B
  2. Sep 15, 2026
    Multi-stage venture firm (confirmed, 95%)
    Both early and growth/opportunity families, reported GAV $16.1B
  3. Sep 14, 2026
    Multi-stage venture firm (confirmed, 95%)
    Both early and growth/opportunity families, reported GAV $14.4B
  4. Sep 12, 2026
    Multi-stage venture firm (confirmed, 95%)
    Both early and growth/opportunity families, reported GAV $11.1B

Evidence

71 observations from 3 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
Why admittedVC exemption, VC funds reportedMar 27, 2026FactForm ADV
SEC exemption claimedVenture capital fund adviserMar 27, 2026FactForm ADV
SEC exemption claimedVenture capital fund adviserMar 27, 2024FactForm ADV
SEC adviser typeExempt reporting adviserMar 27, 2026FactForm ADV
SEC adviser typeExempt reporting adviserMar 27, 2026FactForm ADV
SEC adviser typeExempt reporting adviserMar 27, 2024FactForm ADV
First Form ADV filing2012-03-29Mar 27, 2026FactForm ADV
First Form ADV filing2012-03-29Mar 27, 2024FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-30Oct 1, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-29Sep 30, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-25Sep 26, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-23Sep 24, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-21Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-22Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1Sep 12, 2026FactForm ADV
Latest Form ADV filing2026-03-27Mar 27, 2026FactForm ADV
Latest Form ADV filing2026-03-27Mar 27, 2026FactForm ADV
Latest Form ADV filing2024-03-27Mar 27, 2024FactForm ADV
Adv pdf loadedadv-pdf-1Sep 14, 2026FactForm ADV
SEC statusERA - ActiveMar 27, 2026FactForm ADV
SEC status effective2012-03-29Mar 27, 2026FactForm ADV
Venture share of reported funds1Mar 27, 2026FactForm ADV
Venture share of reported funds1Mar 27, 2024FactForm ADV
Business phoneMar 27, 2026FactForm ADV
Business phoneMar 27, 2024FactForm ADV
Contact page urlSep 16, 2026Fact
DescriptionSep 16, 2026Fact
DescriptionSep 15, 2026Fact
HeadquartersBoston, MAMar 27, 2026FactForm ADV
HeadquartersBoston, MAMar 27, 2024FactForm ADV
Office addressMar 27, 2026FactForm ADV
Office addressMar 27, 2024FactForm ADV
Legal formLimited Liability CompanyMar 27, 2026FactForm ADV
Legal formLimited Liability CompanyMar 27, 2024FactForm ADV
Portfolio pageOct 1, 2026Fact
Portfolio pageSep 16, 2026Fact
Portfolio pageSep 15, 2026Fact
Private funds reported27Mar 27, 2026FactForm ADV
Private funds reported27Mar 27, 2026FactForm ADV
Private funds reported25Mar 27, 2024FactForm ADV
Private fund gross assets (reported)$16BMar 27, 2026FactForm ADV
Private fund gross assets (reported)$16BMar 27, 2026FactForm ADV
Private fund gross assets (reported)$13BMar 27, 2024FactForm ADV
Schedule a diffsadiff-1Mar 27, 2026FactForm ADV
Stated stagesSeries b
“stage words on the home page”
Sep 16, 2026Fact
Stated stagesSeries b
“stage words on the home page”
Sep 15, 2026Fact
Team pageSep 16, 2026Fact
Team pageSep 15, 2026Fact
Venture funds reported27Mar 27, 2026FactForm ADV
Venture funds reported27Mar 27, 2026FactForm ADV
Venture funds reported25Mar 27, 2024FactForm ADV
WebsiteMar 27, 2026FactForm ADV
WebsiteMar 27, 2024FactForm ADV
Site titleSep 16, 2026Fact
Site titleSep 15, 2026Fact
How this is scored
Scores, classification basis and filing advisersMulti-stage venture firm, confirmedShow
Importance
83
high
Active deployment
90
high
Emerging
0
low
Freshness
100
high
Multi-stage venture firmSEC exempt reporting adviser

Both early and growth/opportunity families, reported GAV $15.6B

The inputs behind each score
importance
gav: 0.97 · funds: 1 · people: 0.44 · investments: 0.71 · co investors: 0.89
active deployment
investments 12m: 1 · fund raising 18m: 1 · people joined 12m: 0 · vintage within 3y: 1 · latest investment at: 2026-08-24
emerging manager
fund count: 35 · reported gav: $16B · first adv filing: 2012-03-29 · years since first filing: 14.5

Fits, record history and connections

scored matches for this investor, every identity change, every edge

Fits

34 scored matches, best firstas of
  • score 57.5confidence 100%
    Why: sector fit; stage fit; activity; analogous
    Watch: adjacent portfolio
  • score 52.5confidence 100%
    Why: sector fit; activity; analogous; cap table
    Watch: adjacent portfolio
  • score 48.5confidence 90%
    Why: stage fit; activity; cap table

+31 more scored matches

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Scored by DFX match engines from the record's observed portfolio, stage, geography and recent activity. A fit is a reason to look, not a mandate; the blockers say what the model could not confirm. Names and the evidence sentences show with the names on this page.

Record history

5 dated events on the change ledger, latest event first
  • Schedule a restructured
    2026-03-27source on record
  • LP commitment disclosed
    2025-12-31source on record
  • LP commitment disclosed
    2025-06-30source on record

+2 more changes on this record's ledger

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.