About Section Partners
Section Partners is a venture capital firm founded in 2016. It is primarily based out of Palo Alto, United States. As of Apr 2021, Section Partners has invested in 57 companies. It primarily invests in Series D round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Enterprise Infrastructure and FinTech.
Overall, Section Partners portfolio has seen 14 unicorns, 12 IPOs and 14 acquisitions including key companies like Lending Club, GitHub and Palantir. A lot of funds co-invest with Section Partners, with names like Sapphire Ventures sharing a substantial percentage of its portfolio.
Section Partners has team of 1 people.
Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series D
Portfolio Soonicorns
Section Partners' List of Top Investments
Section Partners has a portfolio of 57 companies, including 14 unicorns. Their most notable investments include Notion and Lending Club.Their portfolio spans across United States and Canada. They have invested in Enterprise Applications, Enterprise Infrastructure, FinTech and 15 other sectors, across stages such as Series D stage. Here is the list of top investments by Section Partners:1. Notion
Provider of cloud-based enterprise collaboration and project management software for enterprises. It provides users with a platform centralizes knowledge, facilitates team collaboration, and streamlines project management. It includes features for creating and sharing documents, managing tasks, and scheduling events. It allows users to capture ideas, collect feedback from teammates, and more. It offers a workspace that allows users to build custom pages, use templates, and connect with other tools. The platform allows users to capture and track tasks, and projects in real time. It enables users to track release metrics and experiment results. It automates the team workflows to streamline the task flows, bug reports, and database entries.
Key facts about Notion
- Founded Year: 2013
- Location: San Francisco (United States)
- Valuation: $10B as on Oct 08, 2021
- Stage: Series D
- Total Funding till date: $353M
- Employee Count: 377 as on Dec 31, 2023
- Investors: TrueBridge, Section Partners and 44 Others
- Latest Funding Round: Series D, Oct 08, 2021, $275M
- Highlight: Editors' Pick
2. Lending Club
P2P marketplace for consumer and business loans. It offers multiple loans including personal loans, refinancing loans, healthcare loans, SME loans, and more. It offers loans to borrowers from multiple institutional/individual investors and lenders. Loans are offered on the basis of credit assessments and user profiles.
Key facts about Lending Club
- Founded Year: 2006
- Location: San Francisco (United States)
- Annual Revenue: $865M as on Dec 31, 2023
- Stage: Public
- Total Funding till date: $219M
- Employee Count: 1,194 as on Dec 31, 2022
- Investors: T. Rowe Price, Wellington and 45 Others
- Latest Funding Round: Post IPO, Oct 18, 2016
- Highlight: Public
3. GitHub
Cloud-based version control and source code management platform. It offers an online community for collaborative coding through project forking, sending and pulling of requests, development monitoring, and more. The platform enables users to collaborate and review projects. It offers built-in features to review codes. It is available across android, iOS, macOS, windows, and linux platforms.
Key facts about GitHub
- Founded Year: 2008
- Location: San Francisco (United States)
- Last Known Valuation: $750M as on Jul 09, 2012
- Stage: Acquired
- Total Funding till date: $354M
- Employee Count: 2,193 as on Dec 31, 2022
- Investors: TrueBridge, IVP and 10 Others
- Latest Funding Round: Series B, Jul 23, 2015, $251M
- Highlight: Acquired
4. Palantir
Platform that provides data analysis and management solutions. It is a software company that specializes in big data analytics and provides software platforms for analyzing and integrating large amounts of data. Its software powers real-time, AI-driven decisions in critical government and commercial enterprise, from the factory floors to the front lines.
Key facts about Palantir
- Founded Year: 2003
- Location: Denver (United States)
- Annual Revenue: 4.66M DKK as on Dec 31, 2016
- Stage: Public
- Total Funding till date: $2.46B
- Employee Count: 3,936 as on Dec 31, 2024
- Investors: Sunrise Ventures, Vulcan Capital and 163 Others
- Latest Funding Round: Post IPO, Aug 31, 2023, $10.1M
- Highlight: Public
5. MongoDB
Provider of a cloud-based database-as-a-service platform. The platform uses distributed infrastructure on commodity servers and supports developers in building mobile and web applications. Features of the product include data visualization, vector search, stream processing, cluster distribution, and more.
Key facts about MongoDB
- Founded Year: 2007
- Location: New York City (United States)
- Annual Revenue: $1.68B as on Jan 31, 2024
- Stage: Public
- Total Funding till date: $311M
- Employee Count: 5,037 as on Jan 31, 2024
- Investors: HTIF, Kaplan Group Investments and 25 Others
- Latest Funding Round: Post IPO, Jan 10, 2020, $1B
- Highlight: Public
Section Partners' Year-on-Year Investment Trends
Its most recent first time investment was in Degreed.
Get Section Partners' portfolio delivered to your inbox!
Section Partners' Investments by Stage
Section Partners has made 1 investment in Series D stage with an average round size of $153M.Section Partners' Investments by Sector
Section Partners has a diverse portfolio, with companies operating in the EdTech, Enterprise Applications and Vertical SaaS. Notably, it has invested in 56 Tech companies, 50 Enterprise (B2B) companies, 43 Software companies and at least 34 companies focusing on Saas.
Note: We have considered here, only first round of investments
Sector | No. of Investments |
---|---|
EdTech | 1 |
Enterprise Applications | 1 |
Vertical SaaS | 1 |
Section Partners' Investments by Geography
Section Partners has made most investments in United States (1).
Section Partners' recent investments
Here are the most recent investments by Section Partners:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
---|---|---|---|---|---|
Apr 13, 2021 | United States | Series D | $153M | Sapphire Ventures [+8] |
Unicorns in Section Partners' Portfolio
Here is a list of unicorns in Section Partners' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
---|---|---|---|---|---|---|---|
51 | Managed detection and response provider | 2016 | Herndon | Series E | jzzohzb | ||
56 | Platform offering computing and artificial intelligence solutions | 2015 | Sunnyvale | Series F | huh{wec | ||
58 | Cloud based platform for master data management | 2011 | Redwood City | Series E | zyusvck | ||
71 | Developer of an online platform for employee financial benefits | 2015 | New York City | Series D | iobicnv | ||
70 | Client workflow process automation software | 2013 | San Francisco | Series E | tfxrpwu |
IPOs and Publicly Listed companies in Section Partners' Portfolio
Here are Section Partners' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
---|---|---|---|---|
Apr 25, 2024 | - | - | - | |
Jun 23, 2021 | - | - | - | |
Nov 27, 2020 | - | - | - | |
Oct 02, 2020 | - | - | - | |
Apr 18, 2019 | - | - | - |
Acquired companies in Section Partners' Portfolio
Here are Section Partners' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
---|---|---|---|---|
May 27, 2025 | - | - | - | |
Oct 17, 2024 | - | - | - | |
Jul 21, 2022 | - | - | - | |
Apr 11, 2022 | - | - | - | |
Nov 12, 2021 | - | - | - |
Team profile of Section Partners
Section Partners has a team of 1 member.Co-investors of Section Partners
Over the past 4 years, 14 investors have co-invested in Section Partners's portfolio companies.
- Invested before Section Partners: Jump Capital, Signal Peak and 8 others have invested in rounds before Section Partners. There are 1 company where Jump Capital has invested before Section Partners and 1 company where Signal Peak has invested before Section Partners.
- Top Co-investors of Section Partners: 4 investors entered a company along with Section Partners. These include investors like Sapphire Ventures (1 company).
Get full list of Section Partners' co-investors delivered to your inbox!
Recent News related to Section Partners
•
•
Upskilling Platform Degreed Raises $153 Million In Series D FundingCalgary Herald•Apr 13, 2021•Degreed, Sapphire Ventures, Riverwood Capital, Signal Peak and 6 others
•