Spark Capital to Raise $370M Venture Capital Fund

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Summary

According to a regulatory filing with SEC, Spark Capital V, L.P., has a target of $370m.The document lists Paul Conway, Todd Dagres, Alex Finkelstein, Andrew Parker, Santo Politi, Bijan Sabet, Nabeel Hyatt, Kevin Thau as people related to the offering.Founded ten years ago, Spark Capital invests in tech startups developing B2B and consumer products and services.Its past and current portfolio has included AdMeld, Oculus, Postmates, Slack, Tumblr, Twitter, Warby Parker, Wayfair, and Wealthfront and many others (have a look here).The firm, which has offices in the Back Bay in Boston, Astor Place in New York City, and SoMA in San Francisco, currently manages five funds with $2B under management.

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