T
TPG
Private Equity · Founded 1992 · San Francisco, United States
TPG’s biggest current holdings.
The most valuable companies TPG 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 TPG directly, the stake and its estimated value are shown too.
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1
Anthropic
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$965B
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2
OpenAI
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$852B
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3
Vast Data
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$30.0B
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4
Vinted
4.5%
$9.4B
$424M
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5
Tanium
10%
$9.0B
$900M
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6
Zipline
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$7.6B
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7
Dream11
5.5%
$7.3B
$402M
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8
Course Hero
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$3.6B
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9
Age of Learning
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$3.0B
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10
Varo Money
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$2.5B
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11
Enpal
11.5%
$2.5B
$285M
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12
Project44
—
$2.2B
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Estimated value = TPG’s disclosed ownership % × Dealroom’s latest company valuation; direct named stakes only, exited positions excluded. Figures are indicative, not reported marks. TPG also appears inside investor groups in Course Hero, Human Interest, Tarana Wireless, Varo Money, Vast Data, Zipline, where a standalone stake isn’t disclosed. See the underlying cap tables on Dealroom →
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.








Where TPG’s portfolio is concentrated.
Distribution of portfolio companies by headquarters country, sector, entry stage and current growth stage. Across all 207 portfolio companies. "Stage entered" is the first priced round the investor joined, derived from the investor’s transaction history.
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USA288
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India43
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China24
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Australia14
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UK13
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Canada7
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Brazil5
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Hong Kong5
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Israel5
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Germany4
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South Korea4
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Cuba3
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Health119
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Enterprise Software65
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Fintech50
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Food33
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Energy31
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Media25
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Transportation22
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Real Estate21
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Marketing18
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Education14
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Wellness Beauty14
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Security13
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Series B+193
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Series A37
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Seed2
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Late Growth219
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Mature92
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Breakout Stage81
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Early Growth58
Inside TPG’s portfolio.
The 60 highest-funded portfolio companies, of 207 tracked.
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MXWhere TPG’s portfolio founders come from.
172 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.
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United States99
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India31
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China11
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Germany7
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Israel4
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Denmark3
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Lithuania2
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Sweden2
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United Kingdom2
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Australia1
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Harvard University9
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Massachusetts Institute of Technology8
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Stanford University8
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Cornell University7
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Indian Institute of Management Ahmedabad4
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Indian Institute of Technology, Delhi4
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University of California, Berkeley4
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Indian Institute of Technology, Madras3
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Stanford University Graduate School of Business3
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University of Southern California3
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Microsoft6
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SumTotal Systems5
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Alphabet | Google4
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Goldman Sachs4
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IBM4
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OpenAI4
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Endeca3
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Stanford University3
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ANZ2
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GSK2
Similar investors.
Peers the API surfaces as most similar by portfolio shape, with Dealroom investor rank and portfolio scale.








Key people at TPG.



