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Nat Friedman
Angel investor · Active in 2026
Nat Friedman is an angel investor based in USA. The page below shows 24 Power Law outcomes from Nat Friedman's portfolio — 19 unicorns ($1B+ valuation) and 0 additional thoroughbreds (companies that crossed $100M+ in revenue without yet reaching $1B+ valuation).
Outcomes are concentrated in AI · Fintech · Cybersecurity; top portfolio geographies are USA · UK · Decentralised. Nat Friedman ranks #257 in Global in the 2026 Dealroom Power Law Investor Ranking by cross-stage outcomes.
Sequoia’s biggest exits.
Sequoia 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.
The 24 Nat Friedman Power Law outcomes ($100M+ revenue or $1B+ valuation).
Snapshot of where the outcomes are concentrated by country, sector, and stage entered.
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USA19
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UK3
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Decentralised1
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Brazil1
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AI16
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Fintech3
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Cybersecurity3
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Robotics1
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Biotech & Life Sciences1
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Series B+8
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Series A8
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Seed4
Nat Friedman’s biggest current holdings.
An estimate of Nat Friedman’s largest live positions — disclosed shareholding × Dealroom’s latest valuation — across 3 companies where Nat Friedman is a named shareholder, worth about $220M in estimated equity value.
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1
The Bot Company
4.5%
$2.0B
$90M
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2
Retool
2.5%
$3.2B
$80M
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3
Reka AI
5%
$1.0B
$50M
Estimated value = Nat Friedman’s disclosed ownership % × Dealroom’s latest company valuation; direct named stakes only, exited positions excluded. Figures are indicative, not reported marks. Nat Friedman also appears inside investor groups in Anysphere | Cursor, ElevenLabs, Perplexity, Safe Superintelligence, Suno, where a standalone stake isn’t disclosed. See the underlying cap tables on Dealroom →
Nat Friedman’s biggest exits.
Nat Friedman 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.
Nat Friedman's 24 Power Law outcomes.
How does Nat Friedman stack up?
Nat Friedman in orange, your selection in blue and other colours. Pick from the global roster of 609 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.
Share of new unicorns per year
% of global unicorns minted that year, year by year · hover the chart to see which unicornsStage focus
Companies by selected outcome stageSector focus
Companies per investor across the 10 highest-volume sectorsBeyond Unicorns — how the portfolio compounds
% of each investor's unicorn portfolio that later crossed $10B, $25B and $50B. Pick a sort tier and entry stage.Where Sequoia's portfolio founders come from — and where they studied.
59 founders across the 24 Power Law outcomes — split by country of origin, university attended, and the company they worked at before founding. Stanford University and Alphabet | Google are the deepest single pipelines.
Key people at Nat Friedman.
Suggest the partner roster →
Market sentiment
What the market is saying about Nat Friedman
An AI-synthesized read of the highest-engagement posts about Nat Friedman 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 Nat Friedman
Recent press, funding announcements, and portfolio moves mentioning Nat Friedman — pulled live from Dealroom's news feed.
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