Venture capital firm

Adams Street Partners portfolio
adamsstreetpartners.comAdams Street Partners is a venture capital firm based in Austin, United States, founded in 1975. It has invested in 61 venture-backed companies across 76 funding rounds on VCMC, and led 20 of those rounds. 5 of them were in the last 12 months.
61
Venture-backed companies
in its portfolio on VCMC
76
Funding rounds
led 20
5
Last 12 months
rounds, Oct 2025 to Sep 2026
29
With a disclosed valuation
of 61 companies
$119.9B
Combined value of its private companies
the whole companies, not what Adams Street Partners owns
55 private companies Adams Street Partners has backed have a VCMC valuation; together they are worth $119.9B. That is the value of the whole companies, not what Adams Street Partners owns. Vercel is 11% of the total. 6 companies it backed have since been acquired and are not included. How VCMC values companies.
Values cover private companies only; public companies are not included.
Portfolio
Adams Street Partners' most valuable portfolio companies
The 10 most valuable private companies Adams Street Partners has backed, by VCMC's valuation. Values cover private companies only; public companies are not included.
- 1 Vercel Hosting & Cloud Infrastructure Providers, Covina $12.8B range $8.2B – $14.7B Joined at Series F, 2025
- 2 RingCentral Tech Companies, Belmont $11.8B range $1.2B – $21.0B Joined at Series D, 2021
- 3 FalconX Financial Services, San Mateo $10.0B range $1.6B – $15.8B Joined at Series D, 2022
- 4 Glean Tech Companies, San Francisco $10.0B range $6.1B – $11.5B Joined at Series D, 2024
- 5 Legora Tech Companies, Stockholm $8.8B range $7.7B – $13.2B Joined at Bridge, 2026
- 6 Remote Tech Companies $6.9B range $2.9B – $8.0B Joined at Series C, 2022
- 7 Cato Networks Tech Companies, Tel Aviv-Yafo $6.7B range $4.4B – $7.7B Joined at Growth, 2023
- 8 Lyra Health Psychologists & Counseling Services, Burlingame $6.6B range $974M – $9.9B Joined at Series D, 2020
- 9 Poolside Software Development Services, San Francisco $6.1B range $3.7B – $7.0B Joined at Series B, 2024
- 10 Arctic Wolf Tech Companies, Eden Prairie $6.0B range $490M – $7.9B Joined at Series C, 2018
Portfolio
Full Adams Street Partners portfolio (61 companies)
61 companies. Load more shows the rest.
| # | Last round | History | Range | Trend | Grade | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | FalconX Financial Services · since Series D, 2022 | Debt Aug 2026 $1.00B | $10.0B | $1.6B – $15.8B | $10.0B (0%) | $1.5B | 0% | 604 | up | D | |
| 2 | Legora Tech Companies · since Bridge, 2026 | Series E Oct 2026 $550M | $8.8B | $7.7B – $13.2B | $11.4B (+30%) | $1.4B | 0% | 187 | up | A | |
| 3 | Cato Networks Tech Companies · since Growth, 2023 | Series G Jun 2025 $359M | $6.7B | $4.4B – $7.7B | $6.7B (0%) | $896M | 0% | 1,815 | growing | A | |
| 4 | RingCentral Tech Companies · since Series D, 2021 | Series D Aug 2021 $450M | $11.8B | $1.2B – $21.0B | $11.2B (-5%) | $2.0B | 24% | 310 | unknown | D | |
| 5 | Arctic Wolf Tech Companies · since Series C, 2018 | Debt Oct 2022 $401M | $6.0B | $490M – $7.9B | $5.7B (-5%) | $935M | 0% | 3,285 | flat | D | |
| 6 | Vercel Hosting & Cloud Infrastructure Providers · since Series F, 2025 | Series F Sep 2025 $300M | $12.8B | $8.2B – $14.7B | $12.8B (0%) | $1.4B | 0% | 1,026 | growing | A | |
| 7 | Lyra Health Psychologists & Counseling Services · since Series D, 2020 | Series F Jan 2022 $235M | $6.6B | $974M – $9.9B | $6.3B (-4%) | $1.0B | 0% | 2,973 | up | D | |
| 8 | Orca Security Tech Companies · since Series C, 2021 | Series C Oct 2021 $550M | $1.6B | $146M – $2.7B | $1.5B (-7%) | $348M | 12% | 523 | flat | D | |
| 9 | Glean Tech Companies · since Series D, 2024 | Series F Jun 2025 $150M | $10.0B | $6.1B – $11.5B | $10.0B (0%) | $1.1B | 0% | 1,632 | up | B | |
| 10 | DispatchHealth Home Health Care · since Growth, 2022 | Growth Equity Nov 2022 $259M | $719M | $312M – $3.3B | $532M (-26%) | $277M | 97% | 958 | down | D | |
| 11 | Poolside Software Development Services · since Series B, 2024 | Series B Oct 2024 $500M | $6.1B | $3.7B – $7.0B | $6.1B (0%) | $669M | 0% | 330 | growing | B | |
| 12 | VillageMD Clinics - Surgeons & Physicians · since Series B, 2019 | Growth Equity Jul 2020 $275M | $590M | $193M – $2.1B | $590M (0%) | $271M | 82% | 1,644 | down | D | |
| 13 | Remote Tech Companies · since Series C, 2022 | Series C Apr 2022 $300M | $6.9B | $2.9B – $8.0B | $6.9B (0%) | $762M | 0% | 19,027 | growing | B | |
| 14 | OneStudyTeam Tech Companies · since Series C, 2021 | Series D Apr 2022 $220M | $3.2B | $341M – $6.3B | $3.0B (-8%) | $686M | 8% | 78 | flat | D | |
| 15 | Homeward Mortgage Brokers · led at Growth, 2020 | Series B May 2021 $371M | $3.2B | $185M – $5.8B | $2.9B (-8%) | $560M | 0% | 297 | flat | D | |
| 16 | Altruist Investment Consultants & Financial Advisors · led at Series D, 2023 | Series F Apr 2025 $152M | $1.4B | $1.1B – $2.0B | $813M (-42%) | $225M | 97% | 327 | shrinking | A | |
| 17 | Tech Companies · since Series E, 2021 | Series E Jun 2021 $200M | $1.8B | $165M – $3.1B | $1.7B (-6%) | $355M | 7% | 876 | flat | D | |
| 18 | Tech Companies · since Series E, 2025 | Series E Oct 2025 $150M | $2.8B | $1.7B – $3.2B | $2.8B (0%) | $303M | 0% | 852 | growing | A | |
| 19 | Tech Companies · led at Series C, 2024 | Series D Apr 2025 $100M | $1.4B | $937M – $1.6B | $1.4B (0%) | $153M | 0% | 314 | growing | A | |
| 20 | Tech Companies · since Series D, 2024 | Series D Oct 2024 $190M | $3.4B | $1.8B – $3.9B | $3.0B (-10%) | $369M | 0% | 1,243 | up | B | |
| 21 | Cybersecurity · since Series C, 2019 | Growth Equity Oct 2024 $50M | $561M | $198M – $934M | $374M (-33%) | $55.7M | 19% | 520 | flat | C | |
| 22 | Tech Companies · since Series D, 2022 | Series D Jul 2022 $125M | $1.2B | $298M – $2.4B | $1.0B (-12%) | $238M | 36% | 517 | up | D | |
| 23 | Tech Companies · since Growth, 2018 | Growth Equity Jul 2020 $100M | $365M | $67.8M – $990M | $365M (0%) | $100M | 52% | 248 | flat | D | |
| 24 | Tech Companies · since Growth, 2016 | Growth Equity Mar 2019 $50M | $297M | $32.7M – $399M | $297M (0%) | $37.6M | 13% | 335 | flat | D | |
| 25 | Social Services & NGOs · led at Series C, 2025 | Series C May 2025 $72M | $860M | $479M – $1.2B | $860M (0%) | $94.6M | 0% | 231 | growing | B | |
| 26 | Tech Companies · led at Series C, 2025 | Series C Feb 2025 $70M | $939M | $532M – $1.3B | $939M (0%) | $103M | 0% | 244 | growing | B | |
| 27 | Tech Companies · led at Series C, 2017 | Series D Nov 2021 $50M | $215M | $40.2M – $1.2B | $212M (-2%) | $89.4M | 70% | 203 | down | D | |
| 28 | Tech Companies · led at Series D, 2011 | Series E Feb 2014 $57M | $621M | $62.9M – $975M | $621M (0%) | $99.2M | 3% | 167 | up | D | |
| 29 | Tech Companies · since Series C, 2018 | Growth Equity Oct 2021 $50M | $69.5M | $32.8M – $230M | $62.9M (-9%) | $49.9M | 97% | 192 | shrinking | C | |
| 30 | Tech Companies · led at Seed, 2012 | Series B Aug 2019 $9.4M | $65.3M | $4.43M – $159M | $65.3M (0%) | $11.1M | 33% | 132 | flat | D | |
| 31 | Business Associations · since Series B, 2015 | Series B Dec 2015 $4.0M | $3.65M | $1.88M – $9.59M | $3.65M (0%) | $4.71M | 97% | 11 | shrinking | C | |
| 32 | Tech Companies · since Series A, 2023 | Series A Oct 2023 | $123M | $44.8M – $358M | $92.4M (-25%) | $53.3M | 67% | 22 | down | D | |
| 33 | Payment Processing & Point of Sale · led at Series E, 2019 | Acquisition Dec 2025 $1.10B | $2.2B acquired 2025 | $332M – $2.9B | – | – | 12% | 823 | flat | D | |
| 34 | Tech Companies · led at Series E, 2022 | Acquisition May 2026 | $1.9B acquired 2026 | $244M – $2.7B | – | – | 12% | 366 | flat | D | |
| 35 | Loans & Financing · since Series B, 2015 | Acquisition Oct 2017 $155M | $804M acquired 2017 | $222M – $1.2B | – | – | 0% | – | unknown | C | |
| 36 | Tech Companies · since Series D, 2012 | Growth Equity Feb 2020 $80M | $397M | $45.0M – $1.1B | $397M (0%) | $88.0M | 29% | 411 | flat | D | |
| 37 | Tech Companies · since Series C, 2020 | Series D Jun 2021 $120M | $796M | $73.1M – $1.4B | $736M (-8%) | $177M | 9% | 841 | flat | D | |
| 38 | Tech Companies · led at Series C, 2014 | Series E Jun 2021 $125M | $532M | $87.3M – $1.4B | $483M (-9%) | $152M | 43% | 531 | flat | D | |
| 39 | Payment Processing & Point of Sale · led at Series B, 2025 | Series B Jan 2025 $90M | $1.2B | $460M – $1.4B | $1.2B (0%) | $131M | 0% | 169 | flat | B | |
| 40 | Employment Agencies & HR Consulting · since Series C, 2011 | Debt Jan 2022 $65M | $315M | $52.2M – $1.2B | $315M (0%) | $110M | 49% | 112 | down | D | |
| 41 | Tech Companies · since Series C, 2009 | Series J Nov 2022 $14M | $885M | $171M – $1.6B | $709M (-20%) | $166M | 35% | 171 | flat | D | |
| 42 | Payment Processing & Point of Sale · since Series C, 2026 | Series C Jan 2026 $55M | $485M | $280M – $734M | $517M (+7%) | $69.4M | 0% | 410 | up | B | |
| 43 | Solar Energy Company · since Series D, 2010 | Growth Equity Jan 2018 $23M | $215M | $16.5M – $385M | $215M (0%) | $25.3M | 13% | 83 | unknown | D | |
| 44 | Tech Companies · since Series A, 2012 | Series A Jun 2012 $100M | $556M | $36.5M – $846M | $556M (0%) | $140M | 0% | 322 | flat | D | |
| 45 | Tech Companies · since Growth, 2010 | Acquisition Apr 2017 $630M | $1.1B acquired 2017 | $65.7M – $1.7B | – | – | 0% | – | unknown | D | |
| 46 | Tech Companies · since Series C, 2019 | Series E Jan 2025 $40M | $602M | $214M – $964M | $571M (-5%) | $71.5M | 16% | 155 | flat | C | |
| 47 | Pharmaceutical Products · since Series A, 2019 | Series A Dec 2019 $85M | $168M | $21.7M – $733M | $160M (-5%) | $119M | 46% | 13 | flat | D | |
| 48 | Software Development Services · led at Series C, 2024 | Series C Jul 2024 $39M | $490M | $201M – $695M | $413M (-16%) | $53.9M | 0% | 226 | up | C | |
| 49 | Tech Companies · led at Series C, 2019 | Acquisition Apr 2021 $500M | $417M acquired 2021 | $182M – $592M | – | – | 0% | 260 | unknown | B | |
| 50 | Pharmaceutical Products · led at Series A, 2018 | Series A Feb 2018 $60M | $204M | $21.9M – $493M | $198M (-3%) | $84.0M | 30% | 190 | flat | D |
Valuation: VCMC's valuation with its range, from a low to a high scenario; a company with no valuation shows a dash, one acquired after its last round its last value as a private company.
Activity
How Adams Street Partners invests: stages, industries and countries
Most of its rounds are Series C and later (75%). Its companies span 19 industries, most in Tech Companies, Pharmaceutical Products and Payment Processing & Point of Sale, across 9 countries.
Rounds by stage
- Seed 2
- Series A 8
- Series B 8
- Series C and later 57
- Other venture 1
Investments by industry
- Tech Companies 34
- Pharmaceutical Products 5
- Payment Processing & Point of Sale 4
- Software Development Services 3
- Business and HR Consulting 1
- Business Associations 1
- Clinics - Surgeons & Physicians 1
- Cybersecurity 1
Investments by country
- United States 51
- Israel 2
- Sweden 2
- Argentina 1
- Canada 1
- France 1
Recent rounds
Adams Street Partners' latest investments
Adams Street Partners' most recent funding rounds, newest first. 5 rounds in the last 12 months.
- Seed, led $7.0M 11 Aug 2026
- Legora Bridge $50M 30 Apr 2026
- Series C $40M 17 Mar 2026
- Series C $55M 20 Jan 2026
- Series E $150M 7 Oct 2025
- Vercel Series F $300M 30 Sep 2025
- Cato Networks Series G $359M 30 Jun 2025
- Series C, led $72M 29 May 2025
- Series C, led $70M 20 Feb 2025
- Series B, led $90M 21 Jan 2025
Co-investors
Adams Street Partners' top co-investors
The investors that most often join the same rounds as Adams Street Partners. Salesforce Ventures leads, with 7 rounds together.
- Salesforce Ventures 7 rounds together
- 5 rounds together
- Lightspeed Venture Partners 5 rounds together
- 5 rounds together
- Battery Ventures 5 rounds together
- 5 rounds together
- General Catalyst 5 rounds together
- Institutional Venture Partners 5 rounds together
- 4 rounds together
- Redpoint Ventures 4 rounds together
About
About Adams Street Partners
Adams Street Partners, LLC is a United States investment management company engaged in private markets investment management. The company manages a range of investment solutions, including private equity, growth equity, private credit, and co-investment opportunities, with a focus on middle-market opportunities and access to private equity asset classes. Adams Street Partners serves institutional investors, wealth advisors, and individual investors globally, and is authorized and regulated by the U.S. Securities and Exchange Commission, the UK Financial Conduct Authority, and the German Federal Financial Supervisory Authority. The company also operates as a provider of investment advisory services and is involved in the development of private equity funds and educational resources for wealth platforms, financial advisors, and RIAs.
Description from Veridion's company data.
- Founded
- 1975
- Based in
- Austin, United States
- Team
- 414 people, +1% in a year
- Type
- Venture capital firm
Focus markets
- Private Markets Investment
- Wealth Management
What Adams Street Partners offers
- Private Markets Investment Management
- Private Equity Investment Management
- Growth Equity Investment Management
- Private Credit Investment Management
- Co-Investment Opportunity Management
- Middle-Market Investment Solutions
- ESG and Responsible Investment Solutions
- Proprietary Investment Opportunity Development
Questions
Adams Street Partners: frequently asked questions
How many companies has Adams Street Partners invested in?
61 venture-backed companies on VCMC, across 76 funding rounds.
What are Adams Street Partners' most valuable private companies?
Vercel ($12.8B), RingCentral ($11.8B), FalconX ($10.0B), by VCMC's valuation.
What was Adams Street Partners' latest investment?
Aloi, a Seed round in Aug 2026 of $7.0M, which Adams Street Partners led.
Which stages does Adams Street Partners invest in?
Adams Street Partners invests most often at Series C and later (57 rounds), followed by Series A (8) and Series B (8). It has also joined 2 seed and 1 other venture rounds.
What is Adams Street Partners' portfolio worth?
Its private companies with a VCMC valuation are worth $119.9B together. That is the sum of the companies' values, not what Adams Street Partners owns.
Who does Adams Street Partners invest alongside?
Salesforce Ventures (7 rounds), Trinity Ventures (5 rounds), Lightspeed Venture Partners (5 rounds).