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Investor profile

T. Rowe Price

Private Equity, Venture Capital · Founded 1937 · Baltimore, United States

T. Rowe Price Investment Management

216 portfolio companies Private Equity, Venture Capital · $300B invested · 349 investments · Investor rank #4 · Last investment 7/2026
Portfolio companies 216 ↑ 40% 5y
Decacorns 36 ↑ 38% 5y
Thoroughbreds 116 ↑ 18% 5y
01 · Biggest holdings

T. Rowe Price’s biggest current holdings.

The most valuable companies T. Rowe Price still holds — unicorns and thoroughbreds it has backed, ordered by Dealroom’s latest valuation. Companies that have been acquired or gone public are in Exits instead. Where a cap table names T. Rowe Price directly, the stake and its estimated value are shown too.

#CompanyEst. stakeValuationEst. value
  1. 1 AnthropicCenticorn · Enterprise Software · USA $965B
  2. 2 OpenAICenticorn · Enterprise Software · USA $852B
  3. 3 DatabricksCenticorn · Enterprise Software · USA $188B
  4. 4 RevolutCenticorn · Fintech · UK $115B
  5. 5 RampDecacorn · Fintech · USA $44.0B
  6. 6 CanvaDecacorn · Media · Australia $42.0B
  7. 7 Epic GamesDecacorn · Gaming · USA $18.0B
  8. 8 CelonisDecacorn · Enterprise Software · Germany 3% $13.0B $390M
  9. 9 SambaNova SystemsDecacorn · Semiconductors · USA $11.0B
  10. 10 AirwallexDecacorn · Fintech · Singapore $11.0B
  11. 11 CrusoeDecacorn · Energy · USA $10.0B
  12. 12 TaniumUnicorn · Security · USA $9.0B

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 →

02 · Exits

T. Rowe Price’s biggest exits.

Portfolio companies that IPO’d or were acquired at $1B+, with the valuation recorded at exit and — for those still public — their value today. Exit events come from each company’s funding-round history; entry stage from T. Rowe Price’s transaction record.

$104B IPO · 2012
Entered Series B+Now $1.5TMedia
$82B IPO · 2019
Entered Series B+Now $163BFood
$47B IPO · 2020
Entered Series B+Now $97BTravel
$39B IPO · 2020
Entered Series B+Now $92BFood
$77B IPO · 2021
Entered Series B+Now $23BEnergy
$4.5B IPO · 2012
Entered Series B+Now $44BEnterprise Software
$40B IPO · 2021
Now $11BFood
$4.4B IPO · 2015
Now $38BEnterprise Software
$36B IPO · 2021
Entered Series B+Now $6.6BEnterprise Software
$2.0B IPO · 2016
Entered Series B+Now $35BMarketing
$33B IPO · 2017
Entered Series B+Now $11BMedia
$18B IPO · 2026
Entered Series B+Now $32BEnterprise Software
03 · Portfolio analysis

Where T. Rowe Price’s portfolio is concentrated.

Distribution of portfolio companies by headquarters country, sector, entry stage and current growth stage. Across all 216 portfolio companies. "Stage entered" is the first priced round the investor joined, derived from the investor’s transaction history.

By countryCount
  1. USA207
  2. India6
  3. UK5
  4. Australia4
  5. Canada3
  6. Japan3
  7. France2
  8. Singapore2
  9. Brazil1
  10. China1
  11. Colombia1
  12. Germany1
By sectorCount
  1. Health98
  2. Enterprise Software36
  3. Fintech24
  4. Transportation17
  5. Food16
  6. Energy14
  7. Security14
  8. Media10
  9. Marketing9
  10. Home Living8
  11. Semiconductors8
  12. Real Estate7
By stage enteredCount
  1. Series B+196
  2. Series A13
  3. Seed2
By growth stageCount
  1. Late Growth213
  2. Breakout Stage11
  3. Early Growth7
  4. Mature7
04 · Portfolio market map

Inside T. Rowe Price’s portfolio.

The 60 highest-funded portfolio companies, of 216 tracked.

OpenAI
Enterprise Software · Centicorn
$852B
Anthropic
Enterprise Software · Centicorn
$965B
Waymo
Robotics · Centicorn
$126B
Databricks
Enterprise Software · Centicorn
$188B
Uber
Food · Centicorn
$163B
WeWork
Real Estate
Rivian Automotive
Energy · Decacorn
$23B
Flipkart
Home Living · Decacorn
$36B
Grab
Food · Decacorn
$11B
Cruise
Robotics
$850M
Epic Games
Gaming · Decacorn
$18B
Airbnb
Travel · Decacorn
$97B
One97
Fintech · Decacorn
$10B
Revolut
Fintech · Centicorn
$115B
Magic Leap
Gaming · Unicorn
$2.0B
Instacart
Food · Decacorn
$11B
Ramp
Fintech · Decacorn
$44B
Redwood Materials
Energy · Unicorn
$7.0B
Aurora
Robotics · Decacorn
$13B
PsiQuantum
Semiconductors · Unicorn
$7.0B
Snap
Media · Decacorn
$11B
Zomato
Food · Decacorn
$30B
Crusoe
Energy · Decacorn
$10B
DoorDash
Food · Decacorn
$92B
SambaNova Systems
Semiconductors · Decacorn
$11B
Lambda
Hosting · Unicorn
$6.0B
Nuro
Robotics · Unicorn
$6.0B
Meta
Media · Gigacorn
$1.5T
Rappi
Food · Unicorn
$5.2B
UiPath
Enterprise Software · Unicorn
$6.6B
Clio
Legal · Unicorn
$5.0B
Celonis
Enterprise Software · Decacorn
$13B
Sila Nanotechnologies
Energy · Unicorn
$1.2B
Airwallex
Fintech · Decacorn
$11B
SandboxAQ
Security · Unicorn
$5.8B
Deliveroo
Food · Unicorn
$2.7B
Snyk
Security · Unicorn
$7.4B
NeueHealth
Health
$60M
Ginkgo Bioworks
Health
$623M
Form Energy
Energy · Unicorn
$2.0B
iCapital
Fintech · Unicorn
$7.5B
ServiceTitan
Real Estate · Unicorn
$7.6B
Freenome
Health · Unicorn
$1.3B
Caris Life Sciences
Health · Unicorn
$6.1B
Eikon Therapeutics
Health
$244M
KoBold Metals
Energy · Unicorn
$3.0B
Treeline Biosciences
Health · Unicorn
$2.1B
Physical Intelligence
Robotics · Unicorn
$5.6B
DataRobot
Enterprise Software · Unicorn
$6.3B
Cloudera
Security · Unicorn
$5.3B
Kailera Therapeutics
Health · Unicorn
$1.9B
Farmers Business Network
Food · Unicorn
$4.0B
Canva
Media · Decacorn
$42B
Wheels Up
Travel
$826M
K2 Space
Space · Unicorn
$6.8B
LivingSocial
Marketing · Unicorn
$1.5B
Tempus
Health · Decacorn
$10B
Bending Spoons
Enterprise Software · Decacorn
$32B
Mirion Technologies
Security · Unicorn
$4.7B
Toast
Fintech · Decacorn
$18B
05 · Portfolio founders

Where T. Rowe Price’s portfolio founders come from.

200 founders across the 100 highest-funded portfolio companies — by current location, university attended, and the companies they worked at before founding. Sourced from the founder records the API links to each portfolio company.

LocationCount
  1. United States155
  2. Australia7
  3. United Kingdom6
  4. Germany5
  5. India5
  6. Italy5
  7. Canada2
  8. Brazil1
  9. China1
  10. Netherlands1
UniversityCount
  1. Stanford University24
  2. Massachusetts Institute of Technology22
  3. Harvard University16
  4. University of California, Berkeley12
  5. Wharton School of the University of Pennsylvania6
  6. Harvard Business School5
  7. Technical University Munich5
  8. Cornell University4
  9. MIT Sloan School of Management4
  10. University of Maryland4
Previous companyCount
  1. Alphabet | Google15
  2. Massachusetts Institute of Technology12
  3. Stanford University7
  4. Microsoft6
  5. MIT-IBM Watson AI Lab6
  6. Harvard University5
  7. McKinsey & Company5
  8. Bain & Company4
  9. IBM4
  10. OpenAI4