Solutions Ecosystems Reports Resources Data Pricing Login Book a demo
Investor profile

TPG

Private Equity · Founded 1992 · San Francisco, United States

Website ↗LinkedIn ↗X / Twitter ↗Crunchbase ↗Dealroom ↗

A global private investment firm

206 portfolio companies Private Equity · $167B invested · 387 investments · Investor rank #19 · Last investment 7/2026
Portfolio companies ↑ 21% 5y
206
Decacorns ↑ 18% 5y
14
Thoroughbreds ↑ 22% 5y
62
Exits

TPG’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 TPG’s transaction record.

Uber
$82B IPO · 2019
Entered Series B+Now $154BFood
Spotify
$30B IPO · 2018
Now $88BMusic
Airbnb
$47B IPO · 2020
Entered Series B+Now $77BTravel
IQVIA
IPO · 2013
Entered Series B+Now $48BHealth
Zscaler
$1.9B IPO · 2018
Entered Series B+Now $23BSecurity
Toast
$20B IPO · 2021
Entered Series B+Now $16BFintech
Nykaa
$13B IPO · 2021
Entered Series B+Now $9.2BWellness Beauty
Lenskart
$7.7B IPO · 2025
Entered Series B+Now $13BFashion
NIO
$6.4B IPO · 2018
Entered Series B+Now $11BEnergy
ServiceTitan
$625M IPO · 2024
Entered Series B+Now $6.7BReal Estate
Vaxcyte
$250M IPO · 2020
Entered Series B+Now $6.5BHealth
AvidXchange
$4.9B IPO · 2021
Entered Series B+Now $1.7BFintech
Portfolio analysis

Where TPG's portfolio is concentrated.

Distribution of portfolio companies by headquarters country, sector, entry stage and current growth stage. Across all 206 portfolio companies. "Stage entered" is the first priced round the investor joined, derived from the investor’s transaction history.

By countryCount
  1. USA160
  2. India27
  3. China15
  4. Israel5
  5. UK4
  6. Australia3
  7. Brazil3
  8. Canada3
  9. Hong Kong3
  10. Vietnam3
  11. Germany2
  12. South Korea2
By sectorCount
  1. Health70
  2. Enterprise Software39
  3. Fintech30
  4. Media19
  5. Transportation16
  6. Energy15
  7. Food15
  8. Marketing12
  9. Security10
  10. Wellness Beauty10
  11. Telecom9
  12. Education8
By stage enteredCount
  1. Series B+187
  2. Series A43
  3. Seed5
By growth stageCount
  1. Late Growth165
  2. Breakout Stage57
  3. Early Growth13
  4. Mature9
Portfolio market map

Inside TPG's portfolio.

The 60 highest-funded portfolio companies, of 206 tracked.

OpenAI
Enterprise Software · Centicorn
$852B
Anthropic
Enterprise Software · Centicorn
$965B
Uber
Food · Centicorn
$154B
Reliance Jio
Telecom · Centicorn
$115B
Airbnb
Travel · Decacorn
$77B
NIO
Energy · Decacorn
$11B
Zipline
Robotics · Unicorn
$7.6B
Spotify
Music · Decacorn
$88B
Du Xiaoman Financial
Fintech · Unicorn
$3.3B
PharmEasy
Health
$710M
Lenskart
Fashion · Decacorn
$13B
Kakao Mobility
Transportation · Unicorn
$4.2B
ServiceTitan
Real Estate · Unicorn
$6.7B
The CrownX (TCX)
Fintech · Unicorn
$8.2B
Dream11
Gaming · Unicorn
$7.3B
VICE Media
Media · Unicorn
$5.7B
AvidXchange
Fintech · Unicorn
$1.7B
Uxin Group
Transportation
$620M
Mobike
Transportation · Unicorn
$2.7B
Twelve
Energy · Unicorn
$2.0B
Toast
Fintech · Decacorn
$16B
Project44
Transportation · Unicorn
$2.2B
Cambridge Mobile Telematics
Fintech · Unicorn
$1.4B
Tanium
Security · Unicorn
$9.0B
Odyssey Therapeutics
Health
$696M
Enpal
Energy · Unicorn
$2.5B
STX Entertainment
Media
$173M
Domo
Marketing
$400M
STX Entertainment
Marketing
$173M
Kaseya
Enterprise Software · Unicorn
$1.8B
Fractal Analytics
Enterprise Software · Unicorn
$2.4B
GRIDSERVE
Energy
TruMid
Fintech · Unicorn
$1.0B
Summit Carbon Solutions
Energy · Unicorn
$1.1B
Saluda Medical
Health
$501M
GreenSky
Fintech
$781M
PropertyGuru
Real Estate · Unicorn
$1.1B
Zenefits
Jobs Recruitment
$200M
Xpressbees
Transportation · Unicorn
$1.4B
Box
Security · Unicorn
$4.8B
Jana Small Finance Bank
Fintech
$655M
Frontier Car Group
Transportation
$700M
Kajabi
Education · Unicorn
$2.0B
Monogram Health
Health · Unicorn
$1.9B
Allogene Therapeutics
Health
$429M
DZS
Telecom
$19M
Acorns
Fintech
$514M
Age of Learning
Gaming · Unicorn
$3.0B
Dingdang Kuaiyao
Health
$880M
Janalakshmi
Fintech
$644M
LivSpace
Real Estate · Unicorn
$1.0B
Course Hero
Education · Unicorn
$3.6B
Anuvia Plant Nutrients
Food
DNAnexus
Health
$600M
Five Star Business Finance
Fintech · Unicorn
$3.1B
Wangdiantong
Marketing · Unicorn
$1.2B
Salsify
Marketing · Unicorn
$2.0B
Elevance Renewable Sciences
Food
$72M
Tide
Fintech · Unicorn
$1.5B
OneSource
Health · Unicorn
$1.6B
Portfolio founders

Where TPG's portfolio founders come from.

149 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 States82
  2. India25
  3. China9
  4. Germany9
  5. Israel5
  6. United Kingdom4
  7. Denmark3
  8. Sweden2
  9. Australia1
  10. Canada1
UniversityCount
  1. Harvard University11
  2. Stanford University10
  3. Massachusetts Institute of Technology7
  4. Cornell University6
  5. University of California, Berkeley6
  6. University of Southern California5
  7. Indian Institute of Technology, Delhi4
  8. WHU Otto Beisheim School of Management4
  9. Harvard Business School3
  10. Stanford University Graduate School of Business3
Previous companyCount
  1. Alphabet | Google5
  2. Microsoft5
  3. Endeca4
  4. IBM4
  5. SumTotal Systems4
  6. Goldman Sachs3
  7. Harvard University3
  8. OpenAI3
  9. ANZ2
  10. Citibank2
How TPG stacks up

Similar investors.

Peers the API surfaces as most similar by portfolio shape, with Dealroom investor rank and portfolio scale.

Plug and Play
Venture Capital · Sunnyvale
#435 rank 1,539 companies $283B portfolio
Y Combinator
Accelerator · San Francisco
#64 rank 7,063 companies $1.9T portfolio
Kleiner Perkins
Venture Capital · Menlo Park
#51 rank 775 companies $8.4T portfolio
Sequoia
Venture Capital · Menlo Park
#3 rank 1,918 companies $23T portfolio
NEA
Venture Capital · Menlo Park
#36 rank 1,184 companies $2.5T portfolio
Techstars
Accelerator · New York City
#836 rank 2,279 companies $254B portfolio
Bessemer Venture Partners
Venture Capital · San Francisco
#54 rank 847 companies $1.9T portfolio
Tiger Global
Venture Capital · New York City
#18 rank 811 companies $3.9T portfolio
Key people

Key people at TPG.

Jon Winkelried
Jon Winkelried
Co-Chief Executive Officer
 Karl Peterson
Karl Peterson
Senior Partner
 Shailesh Rao
Shailesh Rao
Partner
 Timothy Dattels
Timothy Dattels
Co-Managing Partner
Source: Dealroom next-gen API — investor team endpoint.
Every figure on this page is sourced live from the Dealroom next-gen API. Sections v1 shows that the API does not yet expose — shareholding-based holdings, Power-Law rankings & vintage time-series, entity-filtered news, and market sentiment — are omitted here rather than sourced elsewhere.