The Power Law Investor Ranking – 2025

Analysis of more than 22,000 investors, looking deal-by-deal at each investor's ability to pick startups and support them to power law outcomes.

Key findings

• Of companies founded since 1990, the top 2% create 89% of the value, and the six gigacorns valued above $1T create 46% on their own.
• 1.2% of VC-backed companies become unicorns valued at $1bn or more, and 1.4% become Thoroughbreds generating $100m or more in revenue.
• LocalGlobe / Phoenix Court Group leads EMEA on seed-to-unicorn count with 14, of 390 EMEA investors with at least one such outcome.
• Y Combinator ranks first by total score in the Global/USA ranking, ahead of Sequoia and SV Angel, in an edition scoring over 22,000 investors.
• LocalGlobe / Phoenix Court Group ranks first by total score in EMEA, ahead of Index Ventures and Accel.