Spark Capital is a venture capital firm in the United States, responsible for early stage funding of technology startups. It has branches in Boston, San Francisco, and New York City.[1]
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Spark Capital was launched in 2005 by Paul Conway, Santo Politi, and Todd Dagres.[1][2][3] They have raised six early stage funds, and three growth funds.
- The first fund, for $265 million, was raised in 2005.[1][2]
- The second fund, for $360 million, was raised in 2008.[1][2]
- The third fund, for $360 million, was raised in 2010.[1][2]
- The fourth fund, for $450 million, was raised in 2013 and its closure was announced in late February.[1] Partner Bijan Sabet told TechCrunch that this brought Spark Capital’s money under management to $3 billion.[4]
- The fifth fund, for $400 million, was raised in 2016.[5]
- The sixth fund, for $450 million, was raised in 2020.[6]
Spark Capital also raised three growth funds.
- The first Growth fund, for $375 million, was raised in 2014.[7]
- The second Growth fund, for $600 million, was raised in 2016.[5]
- The third Growth fund, for $900 million, was raised in 2020.[6]
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