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Investor profile

T. Rowe Price

Investment firm · Founded 1937 · Active in 2026

T. Rowe Price is an investment firm based in USA, founded in 1937. The page below shows 154 Power Law outcomes from T. Rowe Price's portfolio — 127 unicorns ($1B+ valuation) and 2 additional thoroughbreds (companies that crossed $100M+ in revenue without yet reaching $1B+ valuation).

Outcomes are concentrated in Biotech & Life Sciences · eCommerce & Marketplaces · Fintech; top portfolio geographies are USA · India · UK. T. Rowe Price ranks #71 in Global in the 2026 Dealroom Power Law Investor Ranking by cross-stage outcomes.

154 Power Law outcomes Power Law Ranking #71 · Global · 154 Power Law outcomes · Active 2026
Unicorns ↑ 17% 5y
127
Decacorns → 0% 5y
25
Thoroughbreds ↑ 32% 5y
103
01 · Exits

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.

IPO · 1999
Entered SeedNow $5.2T
IPO · 2004
Entered Series ANow $4.6T
IPO · 1980
Now $4.5T
IPO · 2014
Entered Series B+Now $306B
$214B IPO · 2021
Entered Series B+Now $20.1B
IPO · 2012
Entered Series ANow $207B
$82.0B IPO · 2019
Now $153B
IPO · 2012
Entered Series B+Now $103B
$95.0B IPO · 2020
Entered SeedNow $69.1B
$93.9B IPO · 2020
Entered Series B+Now $58.4B
$24.0B IPO · 2018
Entered Series B+Now $73.3B
$39.0B IPO · 2020
Entered Series ANow $67.6B
$32.0B IPO · 2021
Entered Series B+Now $67.5B
$41.5B IPO · 2021
Entered SeedNow $64.4B
$60.0B IPO · 2021
Entered Series B+Now $28.0B
$55.5B IPO · 2026
Entered Series B+Now $55.5B
$52.8B IPO · 2018
Entered Series ANow $49.6B
IPO · 2013
Now $45.0B
IPO · 2015
Entered Series B+Now $39.4B
IPO · 2002
Entered SeedNow $39.1B
$32.0B acquisition · 2025
Entered Seed
$12.0B IPO · 2021
Entered Series B+Now $29.5B
IPO · 2014
Entered Series B+Now $28.6B
IPO · 2015
Entered Series ANow $28.2B
03 · Portfolio analysis

The 154 T. Rowe Price Power Law outcomes ($100M+ revenue or $1B+ valuation).

Snapshot of where the outcomes are concentrated by country, sector, and stage entered.

By countryCount
  1. USA137
  2. India3
  3. UK3
  4. Singapore2
  5. Australia2
  6. Canada1
  7. Japan1
  8. France1
  9. China1
  10. Colombia1
  11. Italy1
  12. Germany1
By sectorCount
  1. Biotech & Life Sciences41
  2. eCommerce & Marketplaces22
  3. Fintech15
  4. Other B2B Software13
  5. AI12
  6. Other10
  7. Cybersecurity10
  8. Transportation9
  9. Marketing9
  10. Health Tech & Medtech6
  11. Energy4
  12. Robotics1
By stage enteredCount
  1. Series B+126
  2. Series A3
Estimated holdings

T. Rowe Price’s biggest current holdings.

An estimate of T. Rowe Price’s largest live positions — disclosed shareholding × Dealroom’s latest valuation — across 24 companies where T. Rowe Price is a named shareholder, worth about $6.6B in estimated equity value.

#CompanyEst. stakeValuationEst. value
  1. 1 SandboxAQSecurity · Unicorn 14.5% $5.8B $834M
  2. 2 Color HealthHealth · Unicorn 10.5% $4.6B $483M
  3. 3 iCapitalFintech · Unicorn 6% $7.5B $450M
  4. 4 Farmers Business NetworkFood · Unicorn 10% $4.0B $400M
  5. 5 CheckrJobs Recruitment · Unicorn 8.5% $4.6B $391M
  6. 6 CelonisEnterprise Software · Decacorn 3% $13.0B $390M
  7. 7 3.5% $11.0B $385M
  8. 8 7.5% $5.0B $375M
  9. 9 4% $9.0B $360M
  10. 10 6% $5.2B $312M
  11. 11 4.8% $6.0B $288M
  12. 12 4.5% $6.0B $270M

Showing the 12 largest of 24 disclosed direct holdings.

6 companies hidden on this public profile. Estimated value = T. Rowe Price’s disclosed ownership % × Dealroom’s latest company valuation; direct named stakes only, exited positions excluded. Figures are indicative, not reported marks. T. Rowe Price also appears inside investor groups in ABL Space Systems, Airwallex, Canva, Goat, Houzz, Lambda, PsiQuantum, Socure, where a standalone stake isn’t disclosed. See the underlying cap tables on Dealroom →

T. Rowe Price’s biggest exits.

T. Rowe Price 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.

IPO · 2012
Entered Series B+Now $1.6T
$82.0B IPO · 2019
Entered Series B+Now $153B
$147B IPO · 2021
Entered Series B+Now $20.8B
$95.0B IPO · 2020
Entered Series B+Now $69.1B
$39.0B IPO · 2020
Entered Series B+Now $67.6B
$40.0B IPO · 2021
Now $10.1B
IPO · 2012
Entered Series B+Now $31.4B
$12.0B IPO · 2021
Entered Series B+Now $29.5B
$2.0B IPO · 2016
Entered Series B+Now $27.2B
$27.0B IPO · 2021
Entered Series B+Now $4.3B
$1.6B IPO · 2017
Entered Series B+Now $23.9B
IPO · 2015
Now $21.8B
IPO · 2015
Entered Series B+Now $21.6B
$20.0B IPO · 2021
Entered Series B+Now $11.7B
$6.2B acquisition · 2019
Now $17.0B
$16.0B IPO · 2017
Entered Series B+Now $10.9B
$14.0B IPO · 2021
Entered Series B+Now $7.1B
$11.0B IPO · 2021
Entered Series B+Now $12.7B
IPO · 2014
Entered Series B+Now $11.4B
$10.0B IPO · 2021
Entered Series B+Now $2.7B
$9.9B IPO · 2023
Entered Series B+Now $9.0B
$5.0B IPO · 2023
Entered Series B+Now $9.5B
$9.2B IPO · 2018
Entered Series B+Now $9.1B
$5.6B IPO · 2024
Entered Series B+Now $9.0B

+50 more $1B+ exits on the full Dealroom profile.

04 · Portfolio market map

T. Rowe Price's 154 Power Law outcomes.

Stage entered
Outcome tier
Region
Group by
154 of 154 Power Law outcomes
05 · Power Law comparison

How does T. Rowe Price stack up?

T. Rowe Price 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.

Compare against

Share of new unicorns per year

% of global unicorns minted that year, year by year · hover the chart to see which unicorns
Performance window All-time → 2026

Stage focus

Companies by selected outcome stage

Sector focus

Companies per investor across the 10 highest-volume sectors

Beyond 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.
Sort by
Entry stage
Source: Dealroom Power Law dataset. Investors shown are the 2026 Power Law top 35 by combined entry-to-outcome score, drawn from the overview and locations_data sheets. Funnel-matrix axes rescale per-axis using the maximum among the currently selected investors, so the polygons always fill the chart for shape comparison.
06 · Portfolio founders

Where Sequoia's portfolio founders come from — and where they studied.

375 founders across the 154 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.

LocationCount
United States219
Canada17
China13
Colombia11
Netherlands9
Russia8
India7
New Zealand5
Ukraine5
Romania5
+20 more →
UniversityCount
Stanford University35
Massachusetts Institute of Technology31
Berkeley18
Harvard University12
Wharton School of the University of Pennsylvania8
University of Waterloo7
University of California, San Diego7
Brown University6
Yale University6
Harvard Business School5
+115 more →
Origin companyCount
Alphabet | Google28
Microsoft20
Amazon7
Tesla6
OpenAI6
Yahoo!5
Meta5
Apple4
Stripe4
Endeca3
+74 more →
Origin = country a founder is born in or grew up in (founders may have multiple origins; counts include all entries). University = highest-listed degree. Origin company = a previous employer where the founder was tagged before starting their current company.

Market sentiment

What the market is saying about T. Rowe Price

An AI-synthesized read of the highest-engagement posts about T. Rowe Price 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 T. Rowe Price

Recent press, funding announcements, and portfolio moves mentioning T. Rowe Price — pulled live from Dealroom's news feed.

See all news

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