Fundraising Fox

T. Rowe Price

Institutional investor

Baltimore · Seed–Late Stage · 1 people tracked

Also known as T. ROWE PRICE (CANADA) INC. · T. ROWE PRICE ADVISORY SERVICES, INC. · T. ROWE PRICE ASSOCIATES, INC. · T. ROWE PRICE AUSTRALIA LIMITED · T. ROWE PRICE INTERNATIONAL LTD · T. ROWE PRICE JAPAN, INC.

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Deal analysis

Investment thesis

T. Rowe Price manages assets across a broad range of asset classes globally, emphasizing research-driven, fundamental analysis. The firm's investment professionals conduct in-depth, on-the-ground research to identify opportunities, exemplified by its health sciences team, which invests in medical innovation including companies at very early stages of human trials. The firm frames its approach around going beyond the numbers to generate long-term value for its investors.

Source: firm website, verified Aug 25, 2026.

Stage
Seed–Late Stage
HQ
Baltimore, US
Last 12 months
24 investments
AUM
$204.2B
Tracked investments
64

Team · 1 people

from public directories
Emma N· Partnerin

What they invest in

from 58 of 64 portfolio companies

AI & Machine Learning ×22Enterprise Software ×21SaaS ×14Biotech ×10Cloud Computing ×9Deep Tech ×9Data & Infrastructure ×7Healthtech ×7

HQs:United States×45Germany×1United Kingdom×1Netherlands×1Singapore×1

Who they back

founder profiles across 12 portfolio companies
0%
solo founders
0 of 12 mapped founding teams
67%
repeat founders
of 12 founders with career history

Founding team size:2 founders×43 founders×54+ founders×3

Where their founders studiedfrom 11 founders with education data

Stanford University ×2

Investments · 64 tracked

founders shown can be your intro path

By year:2026 · 182025 · 92024 · 52023 · 22022 · 12020 · 12019 · 12018 · 12017 · 12016 · 22015 · 12014 · 143 dated

Avalyn Pharma Incavalynpharma.cominNASDAQ: AVLNSep 2023 · $175M

Avalyn Pharma develops inhaled therapies for pulmonary fibrosis, using a nebulization approach that delivers treatment directly to the lungs to reduce the tolerability problems of existing oral therapies.

BiotechHealthtech

Lyn Baranowski(CEO)in

Co-investorsAndera PartnersCatalio Capital Management, LPF-Prime CapitalInVivium CapitalNorwest Venture PartnersRiverVest Venture Partners+7 more

Domodomo.comin𝕏NASDAQ: DOMO

Business intelligence and management platform.

Enterprise SoftwareSaaSAmerican Fork, US

Joshua James(Executive Officer, Director, Promoter)Josh James(Founder, Chairman & CEO)inShane Atchison(Executive Officer)Matt Belkin(Executive Officer)Christopher Harrington(Executive Officer, Director)Bruce Felt(Executive Officer)

Co-investorsAndreessen HorowitzBlackRockCapital GroupGlynn Capital ManagementGreylock PartnersIVP (Institutional Venture Partners)+5 more

Exitin𝕏NASDAQ: WDAY

AI & Machine LearningEnterprise SoftwareHR TechPleasanton, US

Aneel Bhusri(Co-Founder, Chairman and CEO)David A. Duffield(Co-Founder and CEO Emeritus)Jerry Ting(Founder)inRob Enslin(President, Chief Commercial Officer)Gerrit Kazmaier(President, Product and Technology)Ashley Goldsmith(Chief People Officer)

Co-investors8-Bit CapitalPeterson VenturesStorm VenturesTransmedia CapitalBezos ExpeditionsGreylock Partners

Immunomeimmunome.comin𝕏NASDAQ: IMNM

Immunome is a clinical-stage oncology company developing targeted cancer therapies, including antibody-drug conjugates (ADCs) and small molecules, to address unmet medical needs in cancers such as lymphoma and bladder cancer.

BiotechHealthtechExton, US

Dennis H Giesing(Executive Officer)Corleen Roche(Executive Officer)Michael J Morin(Executive Officer)Purnanand Sarma(Executive Officer, Director)Barbara S. Schilberg(Director)George Hobbs(Executive Officer)

Co-investorsEvolution VC PartnersMilitia Hill Ventures

Kardigankardigan.bioinNASDAQ: KARD

Kardigan develops targeted cardiovascular treatments through a discovery and translational research platform, with a pipeline of late-stage drug candidates aimed at functional cures for cardiovascular disease.

AI & Machine LearningBiotechHealthtechMedical Devices

Co-investorsARCH Venture PartnersCatalio Capital Management, LP

Pure Storagepurestorage.comin𝕏NYSE: PSTG

Pure Storage provides data storage infrastructure that unifies data into a single virtual cloud of storage with automated, policy-driven management.

Cloud ComputingData & InfrastructureEnterprise SoftwareSanta Clara, US

Mike Speiser(Founding CEO, Investor & Board Member (Sutter Hill Ventures incubation))John Colgrove(Co-Founder, Chief Visionary Officer & Director)John Hayes(Co-Founder & Chief Architect)Tarek A. Robbiati(Chief Financial Officer)Patrick Finn(Chief Revenue Officer)Ajay Singh(Chief Product Officer)

Co-investorsDag VenturesGlynn Capital ManagementGreylock PartnersIn-Q-TelIndex VenturesIVP (Institutional Venture Partners)+5 more

Shattuck Labsshattucklabs.cominNASDAQ: STTK

Shattuck Labs is a biopharmaceutical company developing a DR3 blocking antibody for the treatment of Inflammatory Bowel Disease and other inflammatory and immune-mediated diseases.

BiotechAustin, US

Josiah Hornblower(President/CEO)

BoardWalter Loewenbaum(Director)

Co-investorsEcoR1 CapitalHatteras Venture PartnersOrbiMed

Snapsnapchat.comNYSE: SNAPMay 2016

Snapchat is a mobile app for communicating with friends and family through photos and videos, featuring augmented-reality Lenses, creative sharing tools, and a personalized map for discovering places and content.

ConsumerCreator EconomyMedia & EntertainmentSocialSanta Monica, US

Evan Spiegel(Co-founder and Chief Executive Officer)inBobby Murphy(Co-founder and Chief Technology Officer)Reggie Brown(Co-founder; former Chief Marketing Officer)Michael Lynton(Director)Tim Sehn(Executive Officer)Evan T Spiegel(Executive Officer, Director)

Co-investorsA-Rod CorpAlibaba GroupCoatue ManagementEntrée CapitalFidelity InvestmentsGeneral Atlantic+22 more

Teamsharesteamshares.comin𝕏NASDAQ: TMS

Teamshares acquires small businesses from retiring owners and facilitates employee stock ownership, creating a permanent home for businesses while providing retiring owners with a reliable exit and employees with ownership opportunities.

B2B MarketplacesBrooklyn, US

Michael Brown(Founder & CEO)Kevin Shiiba(Executive Officer, Director)Alex Eu(Executive Officer, Director)inKevin Rikio Shiiba(Founder)in

Co-investorsCollaborative FundContraryEvolution VenturesInspired CapitalPROOFSlow Ventures+2 more

Twiliotwilio.comin𝕏NYSE: TWLOApr 2015

Twilio provides a cloud-based communications platform that enables businesses to integrate voice, messaging, and video into applications using APIs.

Cloud ComputingDeveloper ToolsEnterprise SoftwareSan Francisco, US

Jeff Lawson(Co-Founder & Chief Executive Officer)inEvan Cooke(Director)Lee Kirkpatrick(Chief Financial Officer)Roy Ng(Executive Officer)Karyn Smith(Executive Officer)John Wolthuis

Co-investors500 GlobalBessemer Venture PartnersDraper AssociatesFounders Circle CapitalFounders FundIcon Ventures+16 more

Vroomvroom.comNASDAQ: VRMSep 2016

Fort Worth, US

Allon Bloch(Executive Officer, Director)Marshall Chesrown(Executive Officer, Director)Thomas H. Shortt(Executive Officer, Director)Anna-Lisa Corrales(Chief Legal Officer, Chief Compliance Officer and Secretary)Jonathan Sandison(Chief Financial Officer)Kevin Westfall(Director)

Co-investorsFraser McCombs CapitalAltimeter CapitalDurable Capital PartnersFoxhavenGeneral CatalystL Catterton+1 more

Veraiver-ai.comin✓ verified

VerAI Discoveries applies data science and AI to mineral exploration and real-asset discovery, drawing on expertise from geoscience and defense intelligence.

AI & Machine LearningDeep TechNew MaterialsNeedham, US

Amitai Axelrod(Executive Officer, Director)Yair Frastai(Executive Officer, Director)

BoardJeff Horing(Director)inStanton Green(Director)Timothy Warman(Director)Gordon Bogden(Director)

Co-investorsBlumberg CapitalInsight PartnersOrion Resource PartnersChrysalix

AdvanCelladvancell.com.auinJun 2026

AdvanCell is a clinical-stage radiopharmaceutical company developing a pipeline of targeted alpha therapies for the treatment of cancers including prostate, melanoma, ovarian, breast, and lung.

BiotechHealthtechMedical DevicesCambridge, US

Andrew Adamovich(Director)Philina Lee(Executive Officer, Director)Aaron Pickett(Executive Officer)

BoardWing Cheong Lam(Director)Nik Economopoulos(Director)Anthony Aiudi(Director)

Co-investorsBain Capital Life SciencesCatalio Capital Management, LPProto AxiomSV Health InvestorsTenmileAbingworth+2 more

Airtableairtable.comin𝕏acquired by Bending Spoons · Aug 2026 · $1.3B

Airtable is a San Francisco-based no-code platform that lets teams build apps and workflows on a flexible database.

AI & Machine LearningCloud ComputingEnterprise SoftwareSaaSSan Francisco, US

Howie Liu(Co-Founder and CEO)inAndrew Ofstad(Co-Founder)inEmmett Nicholas(Co-Founder and senior engineering leader)inAmbereen Toubassy(Chief Financial Officer)Paul Ohls(Chief Revenue Officer)David Azose(Chief Technology Officer)

Co-investorsBling CapitalCaffeinated CapitalCoatue ManagementCRV (Charles River Ventures)CSC UpshotDCVC (Data Collective)+25 more

Airwallexairwallex.comin𝕏Jun 2026 · $320M

Airwallex operates a global banking platform that provides cross-border payments, financial infrastructure, and AI-powered financial software for businesses.

AI & Machine LearningEnterprise SoftwareFintechSaaSSingapore, SG

Jack Zhang(CEO)inMax Li(Co-Founder and Head of Design)inLucy Yueting Liu(Co-Founder and President)inXijing Dai (Jacob Dai)(Co-Founder and Chief Technology Officer)inKi-Lok Wong(Co-Founder and Principal Architect)Jacob Dai(Founder)in

Co-investorsActivant CapitalAEF Greater Bay Area FundAirTree VenturesAthletic VenturesBlackbird VenturesBowery Capital+19 more

Anthropicanthropic.comin𝕏Sep 2025 · $13B

Anthropic is an AI safety research company that builds reliable, interpretable, and steerable AI systems.

AI & Machine LearningDeep TechDeveloper ToolsEnterprise SoftwareSan Francisco, US

Dario Amodei(Co-founder & CEO)inDaniela Amodei(Co-founder & President)inTom Brown(Co-founder)inJack Clark(Co-founder & Head of Policy)inJared Kaplan(Co-founder & Chief Science Officer)Chris Olah(Co-founder & Interpretability Research Lead)

Co-investors3Comma Capital7BC Venture CapitalA.Capital VenturesAccelAlkeon InnovationAllen Institute for AI (AI2) Incubator+85 more

Bluejay TherapeuticsinMay 2024 · $182M

Healthcare company acquired by Mirum Pharmaceuticals, a former RiverVest portfolio company.

San Mateo, US

Keting Chu(Executive Officer, Director)Dajun Yang(Director)Nancy Hong(Director)Alon Lazarus(Director)William J. Rutter(Director)Ting Jia(Director)

Co-investorsFrazier Life SciencesRA CapitalRiverVest Venture PartnersHBM Healthcare InvestmentsNovo HoldingsWellington Management

Cellarescellares.cominJan 2026 · $257M

Cellares develops automated manufacturing systems and technology platforms to accelerate the production and commercialization of cell therapies.

Advanced ManufacturingBiotechMedical DevicesSouth San Francisco, US

Fabian Gerlinghaus(Co-Founder and Chief Executive Officer)inOmar Kurdi(Co-Founder and President)in

BoardJustin Butler(Director)inVictor Tong(Director)in

Co-investorsDecheng Capital8VCEcoR1 CapitalIntuitive VenturesKoch Disruptive TechnologiesBaillie Gifford+4 more

Checkrcheckr.comin𝕏Apr 2018

Checkr provides background verification and fraud detection services for hiring, loan approvals, insurance, and tenant screening decisions.

AI & Machine LearningEnterprise SoftwareHR TechSaaSSan Francisco, US

Daniel Yanisse(Founder/CEO)inJonathan Perichon(Founder)in

BoardAli Rowghani(Director)Richard Wong(Director)in

Co-investorsAccelActivant CapitalCoatue ManagementDCVC (Data Collective)Earl Grey CapitalGV (Google Ventures)+9 more

Clear Labsclearlabs.cominJan 2025 · $30M

Clear Labs develops fully automated next-generation sequencing (NGS) platforms that process genomic data into insights for research and surveillance applications across infectious disease, food safety, and oncology.

BiotechData & InfrastructureDeep TechHealthtechMedical DevicesSan Carlos, US

Sasan Amini(Co-founder & CEO)Ramin Khaksar(Executive Officer)inEdward Fan(Executive Officer)inBrodie Flanders(Executive Officer, Director)Kazutaka Ohno(Executive Officer)Farzad Naimi(Executive Officer, Director)

Co-investorsMenlo VenturesKhosla VenturesNimble VenturesDentsu VenturesFelicis VenturesNimble Partners+5 more

Clouderacloudera.comin𝕏Acquired

Cloudera is a hybrid platform for data, analytics, and AI, serving enterprises and data teams.

AI & Machine LearningCloud ComputingData & InfrastructureEnterprise SoftwareSanta Clara, US

Amr Awadallah(Co-Founder; former CTO)inMike Olson(Co-Founder; CEO (2008-2013); Chairman & Chief Strategy Officer (2013-))Christophe Bisciglia(Co-Founder)Jeff Hammerbacher(Co-Founder; former Chief Scientist)Owen O'Malley(Founding team member (early Hadoop architect))Charles Sansbury(Chief Executive Officer)

Co-investorsAccelDag VenturesGlynn Capital ManagementGreylock PartnersGV (Google Ventures)Intel Capital+8 more

Contractscontracts.aiAug 2026 · $1B

ContractsAI structures and activates contract data beyond static storage in contract lifecycle management systems, making terms accessible for operational use across enterprise systems.

AI & Machine LearningEnterprise SoftwareLegalTechSaaS

Jenn McCarron(Co-founder & CEO)Phani Gunturu(Co-founder & CTO)in

Co-investorsOperator CollectiveAltimeter CapitalAndreessen HorowitzBain Capital VenturesBlackstoneGeneral Catalyst+9 more

Convoyconvoy.comin𝕏Oct 2019Defunct

Convoy operates a freight marketplace platform that connects brokers and carriers to match and execute truckload transactions.

B2B MarketplacesLogistics & Supply ChainSeattle, US

Grant Goodale(Co-Founder & Chief Technology Officer / Chief Experience Officer)Dan Lewis(Co-Founder & CEO)Brian Kreiner(Executive Officer)Diankha Linear(Executive Officer)

BoardAnu Hariharan(Director)Hadi Partovi(Director)

Co-investorsCraft VenturesEQUIAMExpaG SquaredJovonoMarc Benioff+13 more

Convoygetconvoy.ioin𝕏Oct 2023

Convoy builds webhooks infrastructure for developers and engineering teams to handle event-driven communication at scale.

Cloud ComputingData & InfrastructureDeveloper ToolsEnterprise SoftwareSaaSLondon, GB

Subomi Oluwalana(Co-founder & CEO)in

Co-investorsY CombinatorBaillie GiffordGeneration Investment ManagementMusha VenturesVentures Platform

Cross River Bankcrossriver.comin𝕏

Cross River is a bank that combines traditional banking safety and compliance expertise with technology innovation to provide end-to-end financial solutions for partner companies.

Enterprise SoftwareFintechSaaSJersey City, US

Co-investorsAndreessen HorowitzCota CapitalExpansion Venture CapitalInvestXK20 FundLaunchBay Capital

Databricksdatabricks.comin𝕏Sep 2025 · $1B

Databricks provides a unified platform for data engineering, analytics, and artificial intelligence, enabling organizations to build and deploy data and AI applications on cloud infrastructure.

AI & Machine LearningCloud ComputingData & InfrastructureEnterprise SoftwareSan Francisco, US

Ali Ghodsi(Co-founder & CEO)inIon Stoica(Executive Officer, Director, Promoter)Matei Zaharia(Executive Officer, Director, Promoter)inReynold Xin(Founder)inPatrick Wendell(Founder)inAndy Konwinski(Founder)in

Co-investors137 VenturesA.Capital VenturesAglae VenturesAlkeon InnovationAltra VentureAmplify Partners+71 more

Elementelement.comin

Element is a global provider of lab-based Testing, Inspection and Certification (TIC) services, including destructive and non-destructive material testing, product qualification testing, and certification of products and management systems.

Advanced ManufacturingEnterprise SoftwareNew Materials

Co-investors3i GroupForesite CapitalMetaplanetProtocol LabsVenrock

Energyenergy.govin𝕏Aug 2026 · $750M

The U.S.

EnergyGovTech

Co-investorsWireframe VenturesFranklin TempletonPrelude VenturesSequoia Capital

Energy Impact Partnersenergyimpactpartners.comin𝕏Aug 2026 · $750M

Energy Impact Partners is an investment firm that connects entrepreneurs with large corporations to fund and support companies working on transforming the global economy toward decarbonization.

CleantechClimate TechEnergy

Lindsay Luger(Founder)inHans Kobler(Founder)in

Co-investorsClean Energy VenturesEvergy VenturesJERAMOL SwitchAmazon Alexa FundBlindspot Ventures Management Co+9 more

Form Energyformenergy.comin𝕏

Form Energy develops and manufactures low-cost, multi-day iron-air battery systems for long-duration energy storage on the electric grid, serving utilities and project developers primarily in the United States.

Advanced ManufacturingCleantechEnergyHardware

Mateo Jaramillo(Founder & CEO)inTed Wiley(Founder)inBilly Woodford(Founder)Yet-Ming Chiang(Founder)inMarco Ferrara(Founder)William Woodford(Founder)in

Co-investors2045 VenturesBlindspot Ventures Management CoBreakthrough Energy VenturesCarbonCoatue ManagementCongruent Ventures+12 more

Galvanizegalvanize.comin𝕏Sep 2025 · $100M

Galvanize provides customized technical education and training programs to help enterprise teams build skills in AI, machine learning, XP and Agile practices, data pipelines, and cloud operations.

AI & Machine LearningEdTechEnterprise SoftwareFuture of WorkDenver, US

Christopher C. Onan(Executive Officer)James Deters(President and Chief Executive Officer)Lawrence Mandes(Managing Director, New Markets)Tatiana Goldstein(Director)

BoardDaniel Pianko(Director)Jerrold Miller(Director)

Co-investorsSofinnova PartnersTeamworthy VenturesThe Colorado Impact FundVTF CapitalAlly Bridge GroupCatalyst Investors+5 more

Galvanize Therapeuticsgalvanizetx.cominSep 2025 · $100M

Galvanize Therapeutics develops surgical ablation technology using its proprietary Aliya Pulsed Electric Field (PEF) energy to destroy soft tissue cells through regulated cell death mechanisms.

BiotechHealthtechMedical DevicesRedwood City, US

Doug Godshall(Executive Officer, Director)Steve Anheier(Executive Officer)

BoardJonathan Waldstreicher(Executive Officer)Antoine Papiernik(Director)inSeth Harrison(Director)Zack Scott(Director)

Co-investorsNorwest Venture PartnersAlly Bridge GroupATPFidelity InvestmentsGilmartin Capital LLCJanus Henderson Investors+2 more

GM Cruise Holdingsin𝕏Acquired

Building the world's most advanced, all-electric, self-driving vehicles

San Francisco, US

Kyle Vogt(Co-Founder, President, CTO, and later CEO)Dan Kan(Co-Founder)Sheldon Quan(Executive Officer)John Kim(Executive Officer)Mo Elshenawy(Co-President & Chief Technology Officer)Ryan Dubuc(Executive Officer)

Co-investorsFounders FundGeneral CatalystMaven VenturesSoftBank Vision FundSpark CapitalY Combinator+2 more

Hadrianhadrian.ioinAug 2026 · $1.4B

Hadrian offers an offensive security platform that continuously maps an organization's external attack surface, discovers assets, and uses agentic AI to validate which exposures are actually exploitable.

AI & Machine LearningCybersecurityEnterprise SoftwareSaaSAmsterdam, NL

Rogier Fischer(Co-Founder & CEO)inOlivier Beg(Co-Founder & Chief Hacking Officer)inMaurice Clin(Co-Founder & Head of Business Development)Tijl van Vliet(Co-Founder)

Co-investorsCapitalGConstruct CapitalLux CapitalPICUS CAPITAL137 Ventures1789 Capital+6 more

HashiCorphashicorp.comMar 2020Acquired

HashiCorp builds multi-cloud infrastructure automation and security tools such as Terraform and Vault; an IBM subsidiary since 2025.

San Francisco, US

Mitchell Hashimoto(Executive Officer, Director, Promoter)Armon Dadgar(Executive Officer, Director, Promoter)inDavid McJannet(Executive Officer, Director)

BoardScott Raney(Director)inGlenn Solomon(Director)inRobin Vasan(Director)in

Co-investorsAmplify PartnersBessemer Venture PartnersCisco InvestmentsFounders Circle CapitalGeodesic CapitalICONIQ+10 more

IC3 designhouzz.comin𝕏

Houzz operates an online platform and software connecting homeowners with construction and design professionals for home building, renovation, and design projects.

Construction TechMarketplacesPropTechSaaS

Adi Tatarko(Co-founder)inAlon Cohen(Co-founder)

Co-investorsComcast VenturesFelicis VenturesGreat Oaks Venture CapitalICONIQIngka InvestmentsK2 Global+4 more

iCapitalicapital.comin𝕏Jul 2025

iCapital provides a technology platform for the alternative investments industry, offering tools for education, due diligence, portfolio analytics, investment structuring, fund distribution, investor onboarding, and transaction processing.

Enterprise SoftwareFintechSaaS

Co-investorsActivant CapitalCota CapitalGoldman SachsHamilton LanePing An

Impact Partnersimpact-partners.comin𝕏Aug 2026 · $750M

Impact Partners is an impact investing firm active since 2007, focused on supporting a more inclusive society.

Impact & Social Good

Co-investorsCDP Venture CapitalAmazon Alexa FundBlindspot Ventures Management CoBreakthrough Energy VenturesEnergy Impact PartnersFranklin Templeton+4 more

K2k2space.comin𝕏

K2 Space designs and builds satellite hardware and subsystems — including power, propulsion, autonomy, thermal, and structures — for space missions such as multi-orbit constellations, deep space relay, and large-scale observatories.

Deep TechHardwareSpace Tech

Karan Kunjur(CEO, Co-Founder)inNeel Kunjur(CTO, Co-Founder)

Co-investorsAlpine Space VenturesCapitalGFirst Round CapitalICONIQKleiner PerkinsPathbreaker Ventures+10 more

Lambda Labslambda.aiin𝕏Apr 2024 · $320M

Lambda provides cloud GPU infrastructure for AI training and inference, offering single-tenant clusters and instances built on NVIDIA GPUs such as GB300 NVL72, HGX B200, and H200.

AI & Machine LearningCloud ComputingData & Infrastructure

Stephen Balaban(Founder)in

Co-investorsDigerati Investmentsfutureland venturesInvariantes FundLink VenturesRiverbend CapitalVeligera Capital+5 more

Langfuselangfuse.comin𝕏Jan 2026 · $400Macquired by ClickHouse

Langfuse is an open-source AI engineering platform that helps teams build and monitor production-grade LLM applications.

AI & Machine LearningData & InfrastructureDeveloper ToolsEnterprise SoftwareBerlin, DE

Marc Klingen(Co-Founder & CEO)inMaximilian Deichmann(Founder)inClemens Rawert(Founder)in

Co-investorsLightspeed Venture PartnersY CombinatorGeneral CatalystGICIndex VenturesKhosla Ventures+1 more

Lavrock Ventureslavrockvc.comAug 2026 · $1B

Lavrock Ventures is an early-stage venture capital firm that invests at the intersection of national security and frontier technologies, backing companies in areas such as advanced manufacturing, space, quantum, and kinetic systems.

Deep TechDefense Tech

Steve Smoot(Managing Partner)Daniel Hanks(Managing Partner)Jim Hunt(General Partner)Alex Poulin(Partner)Juliane Gallina(Partner)George Hoyem(Venture Partner)

Co-investorsIronGate Capital AdvisorsAltimeter CapitalAndreessen HorowitzGeneral CatalystInterlagosLavrock Ventures+1 more

Lightmatterlightmatter.comin𝕏Jul 2026

Lightmatter is a product development firm that partners with companies to design and build digital products from concept through launch.

Developer ToolsHealthtechSaaSMountain View, US

Greg Hausheer(CEO and Founder)Ben Beecher(CTO and Founder)Nicholas Harris(Founder)inThomas Graham(Founder)inTrevor Moorman(COO)Mollie Fleury(Chief of Staff)

Co-investorsGV (Google Ventures)Spark CapitalFidelity InvestmentsViking Global Investors

Lilac Solutionslilacsolutions.cominFeb 2024

Lilac Solutions develops direct lithium extraction technology using ceramic ion exchange media, enabling fast, clean, and affordable lithium production from brines for the electric vehicle and battery industries.

CleantechClimate TechEnergyNew MaterialsOakland, US

David Snydacker(President & Chief Technology Officer)inNicholas Goldberg(Chief Legal Officer of Issuer)David Gelinas(Chief Financial Officer of Issuer)inRaef Sully(Chief Executive Officer of Issuer)in

BoardClay Dumas(Director)inDavid Danielson(Director)in

Co-investorsBreakthrough Energy VenturesLowercarbon CapitalAzolla VenturesBMW i VenturesMount Wilson VenturesPrelude Ventures+7 more

Nuronuro.aiin𝕏

Nuro develops the Nuro Driver, a Level 4 self-driving system combining automotive-grade hardware and AI software that can be integrated into personally owned vehicles and commercial fleets.

AI & Machine LearningMobility & TransportationRoboticsMountain View, US

Dave Ferguson(Co-Founder & Co-CEO (also referred to in press as Co-Founder & President))inJiajun Zhu(Co-Founder & Co-CEO)inAndrew Chapin(Chief Operating Officer)Mike Mancini(Chief Financial Officer)James Owens(Chief Legal & Policy Officer)Andrew Clare(Chief Technology Officer (as of September 2024))

Co-investorsUberArc AngelsBaillie GiffordBow CapitalConnetic VenturesDisney Accelerator+13 more

OpenAIopenai.comin𝕏Oct 2025

OpenAI is an AI research and deployment company focused on developing artificial general intelligence (AGI) with emphasis on safety and beneficial outcomes for humanity.

AI & Machine LearningCloud ComputingEnterprise SoftwareSan Francisco, US

Sam Altman(Co-founder & CEO)Elon Musk(Co-founder & former Co-chair / board member)Greg Brockman(Co-founder & President)inIlya Sutskever(Co-founder & Chief Scientist)inWojciech Zaremba(Co-founder)inJohn Schulman(Co-founder (departed 2024))

Co-investorsA.Capital VenturesA'Z AngelsAdvent InternationalAlpha Wave GlobalAndreessen HorowitzAnti+54 more

PayJoypayjoy.cominJul 2025

PayJoy provides financial services and credit access to unbanked and underbanked populations in emerging markets across Africa, Asia, and Latin America.

B2B MarketplacesFintechImpact & Social GoodRetail TechSan Francisco, US

Mark Heynen(Co-Founder & Chief Business Officer)Doug Ricket(Co-Founder & CEO)Gib Lopez(Co-Founder & COO)inTom Ricket(Co-Founder)Nick Zakrasek(President, Product Development)Amy Pardee(General Counsel)

Co-investorsCeniarthCiti VenturesCompoundCore Venture CapitalDnx VenturesEchoVC Partners+17 more

Payloadpayloadcms.comin𝕏Apr 2024Acquired

Payload is an open-source Next.js backend platform serving developers and marketers who need flexibility beyond traditional content management systems.

Cloud ComputingDeveloper ToolsEnterprise SoftwareSaaSGrand Rapids, US

James Mikrut(Founder)inElliot DeNolf(Founder)inDan Ribbens(Founder)inRyan Rybolt(Executive Officer, Director)Ian Halpern(Executive Officer, Director)

BoardPatricia Felts(Director)

Co-investorsGradient VenturesGrand VenturesY CombinatorBaillie GiffordBlackRockCaruso Ventures+6 more

Physical Intelligencepi.website𝕏Apr 2026

Physical Intelligence develops generalist AI models for robotics that can control any robot to perform various tasks through learning algorithms and multi-robot training.

AI & Machine LearningDeep TechRoboticsSan Francisco, US

Sergey Levine(Founder)Adnan Esmail(Founder)Brian Ichter(Founder)Karol Hausman(Founder)Lachy Groom(Founder)Quan Vuong(Founder)

Co-investorsCapitalGLux CapitalRedpoint VenturesSequoia CapitalKhosla VenturesThrive Capital+12 more

Rampramp.comin𝕏

Ramp offers a finance platform that combines corporate cards, expense management, and AI-driven automation for receipt capture, transaction coding, and reimbursements.

AI & Machine LearningFintechSaaSNew York, US

Karim Atiyeh(Co-Founder & Co-CEO (formerly CTO))inEric Glyman(CEO)Gene Lee(Co-Founder)Rahul Sengottuvelu(Chief Technology Officer)William (Will) Petrie(Chief Financial Officer)inGeoff Charles(Chief Product Officer)

Co-investors1/1 Capital137 Ventures8VCA*Alpha Wave GlobalAnti+46 more

Redfinredfin.comin𝕏Acquired

Real Estate & Homes for Sale, Rentals, Mortgages & Agents

PropTechSeattle, US

David Eraker(Co-Founder)Michael Dougherty(Co-Founder)David Selinger(Co-Founder & first Chief Technology Officer)Anthony Kappus(Chief Legal Officer)Chris Nielsen(Chief Financial Officer)Bridget Frey(Chief Technology Officer)

Co-investorsAnnox CapitalCrunchFundDraper AssociatesGlobespan Capital PartnersGlynn Capital ManagementGreylock Partners+4 more

Redwoodredwood.comin

Redwood is an enterprise software company.

AI & Machine LearningEnterprise SoftwareSaaS

Kevin Greene(CEO)

Co-investorsWarburg PincusBaillie GiffordEclipse

Redwood Materialsredwoodmaterials.comin𝕏May 2022

Redwood Materials deploys large-scale energy storage systems for data centers and grid power while recycling batteries to recover critical minerals like lithium, nickel, cobalt, and copper as a domestic source of these materials.

Circular EconomyEnergyNew MaterialsCarson City, US

JB Straubel(Founder & CEO)inKevin Kassekert(Executive Officer)Jason Thompson(Executive Officer)

BoardDavid Danielson(Director)in

Co-investorsBreakthrough Energy VenturesCoatue ManagementCollaborative FundCongruent VenturesEclipse VenturesFoothill Ventures+17 more

Sandbox AQsandboxaq.comin𝕏Apr 2026

SandboxAQ combines artificial intelligence and quantum technology to address complex industrial challenges.

AI & Machine LearningDeep TechQuantum Computing

Jack Hidary(Founder)in

BoardSergey Brin(Founder)

Co-investorsAllianz XAvant Global LLCBreyer CapitalElaiaFPVIn-Q-Tel+12 more

Seagenseagen.ioFeb 2024 · $112M

Seagen builds AI and solar-powered marine robots equipped with sensors, cameras, and probes to monitor biodiversity and environmental conditions in oceans, rivers, and lakes.

CleantechClimate TechRobotics

Co-investorsAera VCAlly Bridge GroupRA Capital

SiFivesifive.comin𝕏Apr 2026 · $400M

SiFive develops processor IP based on the open-standard RISC-V instruction set architecture, offering customizable and scalable chip designs.

Deep TechHardwareSemiconductorsSan Francisco, US

Yunsup Lee(Executive Officer, Director)Krste Asanovic(Director)Andrew WatermanStefan A Dyckerhoff(Executive Officer, Director)Naveed Sherwani(Executive Officer)Patrick Little(CEO)

Co-investorsBerkeley SkyDeck FundCoatue ManagementIntel CapitalOUP (Osage University Partners)Prosperity7 VenturesQualcomm Ventures+6 more

Sila Nanotechnologiessilanano.comin𝕏Jul 2026

Sila Nanotechnologies engineers next-generation battery materials, particularly silicon anodes, for use in electric vehicles, wearables, and other energy-intensive applications.

Deep TechEnergyHardwareNew MaterialsSan Jose, US

Gleb Yushin(Co-Founder & CTO)Gene Berdichevsky(Executive Officer, Director)inO. Abbey Omokhodion(Executive Officer)Warren DeSouza(Executive Officer)

BoardMichael L. Speiser(Director)inByron Deeter(Director)in

Co-investors8VCBessemer Venture PartnersCoatue ManagementCongruent VenturesFoothill VenturesIn-Q-Tel+4 more

Sortera Technologies

Markle, US

Nalin Kumar(Executive Officer, Director)Michael Siemer(Executive Officer, Director)Curt Sacks(Executive Officer)Benjamin Pope(Executive Officer)

BoardAlfred Lam(Director)Kyle Teamey(Director)

Co-investorsRA CapitalTrinity CapitalVXI CapitalYamaha Motor Ventures

Third Arc Biothirdarcbio.cominFeb 2026

Third Arc Bio develops breakthrough treatments in oncology and immunology through advanced biologics engineering.

BiotechMedical DevicesLower Gwynedd, US

Joseph Erhardt(Executive Officer)Peter Lebowitz(Executive Officer, Director)

BoardArjun Goyal(Director)inOtello Stampacchia(Director)inFrancesco Draetta(Director)in

Co-investorsAndreessen HorowitzVida Venturesabrdn plcBiotechnology Value FundForesite CapitalHillhouse Investment+1 more

Toast HoldingsMay 2017

Toast is a cannabis consumer brand selling pre-rolls and related products through multi-state dispensary partners.

New York, US

Shovahn Rincon(Chief Operating Officer)Patrick Van Schie(Chief Revenue Officer)Craig Mogan(Vice President)Punit Seth(Chief Executive Officer and Director)

BoardWilliam Landman(Director)David Moritz(Director)

Co-investorsBessemer Venture PartnersTCVTiger Global Management

Exits · 13

IPOs and acquisitions across the tracked portfolio

Avalyn Pharma IncNASDAQ: AVLNDomoNASDAQ: DOMOExitNASDAQ: WDAYImmunomeNASDAQ: IMNMKardiganNASDAQ: KARDPure StorageNYSE: PSTGShattuck LabsNASDAQ: STTKSnapNYSE: SNAPTeamsharesNASDAQ: TMSTwilioNYSE: TWLOVroomNASDAQ: VRMAirtableacq. by Bending SpoonsLangfuseacq. by ClickHouse

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Frequently asked questions

How many investments has T. Rowe Price made?
T. Rowe Price has 12 tracked investments, 7 of which have exited via acquisition or IPO, including 2 dated in the last 24 months.
What stage does T. Rowe Price invest at?
T. Rowe Price invests at the Seed, Series A, Series B, Series C, Late Stage stages.
What sectors does T. Rowe Price focus on?
T. Rowe Price focuses on Biotech, Digital Health, Healthtech, Medical Devices, Sector Agnostic.
Where is T. Rowe Price located?
T. Rowe Price is headquartered in Baltimore, US.
Does T. Rowe Price lead rounds?
T. Rowe Price has led 12 of the 59 rounds where its role is on record.
Who does T. Rowe Price co-invest with?
T. Rowe Price most often shares deals with Greylock Partners, Glynn Capital Management, General Catalyst, among 137 tracked co-investors.

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