Venture capital firm
Blackstone portfolio
blackstone.comBlackstone is a venture capital firm based in New York, United States, founded in 1985. It has invested in 83 venture-backed companies across 105 funding rounds on VCMC, and led 34 of those rounds. 25 of them were in the last 12 months.
83
Venture-backed companies
in its portfolio on VCMC
105
Funding rounds
led 34
25
Last 12 months
rounds, Oct 2025 to Sep 2026
41
With a disclosed valuation
of 83 companies
$1.94T
Combined value of its private companies
the whole companies, not what Blackstone owns
80 private companies Blackstone has backed have a VCMC valuation; together they are worth $1.94T. That is the value of the whole companies, not what Blackstone owns. Anthropic is 56% of the total. 3 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
Blackstone's most valuable portfolio companies
The 10 most valuable private companies Blackstone has backed, by VCMC's valuation. Values cover private companies only; public companies are not included.
- 1 Anthropic Tech Companies, San Francisco $1.09T range $838.9B – $1.51T Joined at Series F, 2025
- 2 OpenAI Tech Companies, San Francisco $374.6B range $263.0B – $430.9B Joined at Growth, 2025
- 3 Databricks Tech Companies, San Francisco $193.6B range $165.2B – $240.4B Joined at Series H+, 2025
- 4 Insurance - Agents, Carriers & Brokers, Grand Rapids $33.3B range $23.6B – $40.3B Led at Growth, 2018
- 5 Etched Electronical Components Manufacturing, San Jose $21.4B range $18.3B – $26.6B Joined at Growth, 2026
- 6 OpenEvidence Tech Companies, Miami $14.2B range $10.4B – $18.7B Joined at Series C, 2025
- 7 Cyera Tech Companies, New York $13.3B range $10.4B – $18.2B Led at Series F, 2026
- 8 Invenergy Renewable energy companies $11.2B range $1.7B – $19.2B Led at Growth, 2022
- 9 Firmus Tech Companies, St Leonards $10.6B range $9.1B – $12.8B Joined at Growth, 2026
- 10 Ki Insurance Insurance - Agents, Carriers & Brokers, London $10.2B range $2.4B – $19.9B Led at Growth, 2020
Portfolio
Full Blackstone portfolio (83 companies)
83 companies. Load more shows the rest.
| # | Last round | History | Range | Trend | Grade | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | OpenAI Tech Companies · since Growth, 2025 | Other Mar 2026 $122.00B | $374.6B | $263.0B – $430.9B | $374.6B (0%) | $33.7B | 0% | 11,490 | growing | A | |
| 2 | Anthropic Tech Companies · since Series F, 2025 | Series H May 2026 $65.00B | $1.09T | $838.9B – $1.51T | $1.31T (+20%) | $144.0B | 0% | 6,076 | growing | A | |
| 3 | Databricks Tech Companies · since Series H+, 2025 | Growth Equity Aug 2026 $5.00B | $193.6B | $165.2B – $240.4B | $209.0B (+8%) | $18.8B | 0% | 17,130 | growing | A | |
| 4 | Firmus Tech Companies · since Growth, 2026 | Growth Equity Aug 2026 $2.00B | $10.6B | $9.1B – $12.8B | $10.9B (+2%) | $1.2B | 35% | 128 | growing | A | |
| 5 | Invenergy Renewable energy companies · led at Growth, 2022 | Growth Equity Jun 2023 $1.00B | $11.2B | $1.7B – $19.2B | $10.6B (-6%) | $1.2B | 0% | 2,478 | flat | D | |
| 6 | Shield AI Aerospace and Defence · led at Growth, 2026 | Series G Mar 2026 $1.50B | $6.1B | $3.9B – $9.9B | $6.5B (+7%) | $583M | 0% | 1,940 | growing | B | |
| 7 | VoltaGrid Electric Supplies & Power Generation · since Growth, 2026 | Growth Equity Oct 2026 $775M | $8.7B | $5.7B – $14.5B | $9.5B (+10%) | $856M | 0% | 630 | growing | B | |
| 8 | Cyera Tech Companies · led at Series F, 2026 | Series G Jun 2026 $600M | $13.3B | $10.4B – $18.2B | $15.8B (+19%) | $1.7B | 0% | 1,672 | growing | A | |
| 9 | Quantum Systems Aerospace and Defence · led at Series D, 2026 | Series D Jul 2026 $1.20B | $8.8B | $7.0B – $12.5B | $10.9B (+24%) | $1.3B | 0% | 740 | growing | A | |
| 10 | Articulate Tech Companies · since Series A, 2021 | Series A Jul 2021 $1.50B | $6.0B | $515M – $9.2B | $5.8B (-3%) | $1.2B | 0% | 713 | up | D | |
| 11 | iCapital Investment Consultants & Financial Advisors · since Growth, 2020 | Growth Equity Jul 2025 $820M | $8.7B | $6.0B – $10.1B | $8.7B (0%) | $787M | 0% | 2,418 | up | A | |
| 12 | Etched Electronical Components Manufacturing · since Growth, 2026 | Growth Equity Aug 2026 $700M | $21.4B | $18.3B – $26.6B | $23.1B (+8%) | $2.1B | 0% | – | growing | A | |
| 13 | Buyers Edge Platform Tech Companies · since Growth, 2024 | Debt May 2024 $560M | $5.7B | $1.8B – $8.6B | $4.8B (-15%) | $510M | 0% | 625 | up | C | |
| 14 | Perk Tech Companies · since Series E, 2025 | Debt Sep 2026 $34M | $3.6B | $1.6B – $4.2B | $3.5B (-1%) | $402M | 4% | 49 | flat | B | |
| 15 | Mollie Payment Processing & Point of Sale · led at Series C, 2021 | Series C Jun 2021 $800M | $7.6B | $1.1B – $12.2B | $7.3B (-4%) | $1.4B | 0% | 1,194 | up | D | |
| 16 | Weee! Groceries · since Series D, 2021 | Series E Feb 2022 $425M | $4.2B | $361M – $6.2B | $3.9B (-7%) | $682M | 0% | 916 | flat | D | |
| 17 | Thumbtack Tech Companies · led at Growth, 2021 | Debt Jul 2024 $75M | $2.6B | $391M – $4.1B | $2.6B (0%) | $353M | 0% | 1,807 | up | D | |
| 18 | ImageFIRST Dry Cleaners · since Growth, 2023 | Growth Equity Jun 2023 $750M | $8.1B | $1.6B – $15.7B | $7.6B (-5%) | $945M | 0% | 1,333 | up | D | |
| 19 | OpenEvidence Tech Companies · since Series C, 2025 | Series D Apr 2026 $250M | $14.2B | $10.4B – $18.7B | $16.2B (+15%) | $1.8B | 0% | 140 | growing | A | |
| 20 | Blue Yonder Tech Companies · since Growth, 2016 | Growth Equity Oct 2016 $575M | $6.2B | $481M – $9.7B | $6.2B (0%) | $633M | 0% | 8,664 | up | D | |
| 21 | RELEX Solutions Tech Companies · led at Growth, 2022 | Growth Equity Feb 2022 $568M | $6.4B | $615M – $7.4B | $6.4B (0%) | $695M | 0% | 2,302 | flat | D | |
| 22 | Perk Travel Agencies · since Series E, 2025 | Debt Jun 2026 $300M | $3.7B | $2.2B – $4.3B | $3.7B (0%) | $449M | 0% | 2,155 | up | B | |
| 23 | XpressBees Shipping Couriers · led at Series F, 2022 | Series G Nov 2023 $80M | $1.9B | $401M – $2.2B | $1.6B (-19%) | $246M | 0% | 8,370 | flat | C | |
| 24 | Property Finder Tech Companies · since Growth, 2025 | Growth Equity Sep 2025 $525M | $5.4B | $3.1B – $8.2B | $5.4B (0%) | $591M | 0% | 1,669 | up | B | |
| 25 | Chainalysis Tech Companies · since Series E, 2021 | Series F May 2022 $170M | $7.4B | $832M – $12.7B | $6.8B (-8%) | $1.4B | 10% | 805 | flat | D | |
| 26 | Nature's Fynd Food Production · since Series C, 2021 | Series C Jul 2021 $350M | $151M | $88.9M – $473M | $135M (-11%) | $156M | 97% | 92 | shrinking | C | |
| 27 | Ki Insurance Insurance - Agents, Carriers & Brokers · led at Growth, 2020 | Growth Equity Sep 2020 $500M | $10.2B | $2.4B – $19.9B | $10.2B (0%) | $1.3B | 0% | 837 | growing | D | |
| 28 | Medable Tech Companies · led at Series D, 2021 | Series D Oct 2021 $304M | $1.1B | $158M – $2.6B | $1.1B (-5%) | $271M | 36% | 344 | flat | D | |
| 29 | Clari Tech Companies · led at Series F, 2022 | Series F Jan 2022 $225M | $537M | $228M – $1.5B | $526M (-2%) | $359M | 97% | 492 | shrinking | C | |
| 30 | Homeward Mortgage Brokers · since Series B, 2021 | Series B May 2021 $371M | $3.2B | $185M – $5.8B | $2.9B (-8%) | $560M | 0% | 297 | flat | D | |
| 31 | Epidemic Sound Art & Music Publishers · led at Growth, 2021 | Growth Equity Mar 2021 $450M | $556M | $116M – $1.7B | $497M (-11%) | $160M | 53% | 629 | down | D | |
| 32 | IBS Software Tech Companies · since Growth, 2023 | Growth Equity May 2023 $450M | $1.4B | $261M – $1.9B | $1.3B (-5%) | $173M | 0% | 6,154 | flat | C | |
| 33 | Ollin Biosciences Pharmaceutical Products · since Series B, 2026 | Series B Jun 2026 $330M | $2.0B | $1.2B – $3.6B | $2.6B (+31%) | $283M | 0% | 28 | unknown | B | |
| 34 | Currencies Direct Money Transfer · led at Growth, 2022 | Growth Equity Mar 2022 $184M | $611M | $114M – $2.8B | $582M (-5%) | $202M | 59% | 391 | flat | D | |
| 35 | Tech Companies · led at Series A, 2024 | Series C Jul 2026 $120M | $1.3B | $1.0B – $1.8B | $1.6B (+20%) | $171M | 0% | 199 | growing | A | |
| 36 | Tech Companies · led at Series B, 2021 | Series B Oct 2021 $200M | $1.9B | $96.4M – $3.3B | $1.7B (-7%) | $280M | 0% | 573 | flat | D | |
| 37 | Tech Companies · since Series A, 2025 | Series A Dec 2025 $130M | $1.3B | $609M – $1.6B | $1.4B (+8%) | $200M | 0% | 160 | growing | B | |
| 38 | Tech Companies · since Series A, 2023 | Series B Jan 2025 $30M | $292M | $96.8M – $477M | $270M (-7%) | $36.5M | 22% | 81 | flat | C | |
| 39 | Tech Companies · since Series C, 2021 | Series C Oct 2021 $56M | $146M | $24.9M – $930M | $127M (-13%) | $72.3M | 64% | 126 | down | D | |
| 40 | Tech Companies · since Series C, 2022 | Series C Sep 2022 $43M | $291M | $50.4M – $731M | $263M (-9%) | $55.9M | 20% | 112 | up | D | |
| 41 | Tech Companies · since Series D, 2019 | Series D Dec 2019 $40M | $296M | $32.6M – $702M | $296M (0%) | $71.5M | 30% | 215 | flat | D | |
| 42 | Arcades & Amusement Parks · since Seed, 2025 | Seed Apr 2025 $34M | $416M | $140M – $633M | $416M (0%) | $81.6M | 0% | 55 | growing | C | |
| 43 | Tech Companies · since Seed, 2025 | Seed Sep 2025 $30M | $400M | $121M – $609M | $400M (0%) | $72.0M | 0% | – | unknown | C | |
| 44 | Tech Companies · since Seed, 2025 | Seed Jul 2025 $28M | $275M | $102M – $447M | $233M (-15%) | $66.2M | 37% | 28 | flat | C | |
| 45 | Tech Companies · since Seed, 2025 | Seed Nov 2025 $26M | $365M | $127M – $589M | $387M (+6%) | $69.6M | 0% | 28 | growing | C | |
| 46 | Tech Companies · led at Series A, 2024 | Series A Nov 2024 $15M | $138M | $32.4M – $225M | $129M (-6%) | $21.7M | 15% | 127 | flat | C | |
| 47 | Tech Companies · since Series A, 2022 | Series A Jun 2022 $8.0M | $50.9M | $5.81M – $129M | $44.6M (-12%) | $17.0M | 35% | 67 | flat | D | |
| 48 | Tech Companies · led at Series A, 2023 | Series A Oct 2023 $10M | $116M | $16.9M – $176M | $110M (-5%) | $16.2M | 0% | 57 | up | D | |
| 49 | Minerals, Earths & Ores · since Seed, 2024 | Series A Sep 2025 | $93.7M | $25.9M – $187M | $93.7M (0%) | $13.1M | 0% | 15 | up | C | |
| 50 | Solar Energy Company · since Seed, 2022 | Seed Mar 2022 | $298M | $58.4M – $1.1B | $298M (0%) | – | 0% | 950 | 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 Blackstone invests: stages, industries and countries
Most of its rounds are Series C and later (75%). Its companies span 32 industries, most in Tech Companies, Pharmaceutical Products and Aerospace and Defence, across 12 countries.
Rounds by stage
- Seed 8
- Series A 10
- Series B 8
- Series C and later 79
Investments by industry
- Tech Companies 43
- Pharmaceutical Products 4
- Aerospace and Defence 2
- Biotechnology 2
- Digital & Marketing Agencies 2
- Insurance - Agents, Carriers & Brokers 2
- Payment Processing & Point of Sale 2
- Travel Agencies 2
Investments by country
- United States 65
- United Kingdom 6
- France 2
- India 2
- Australia 1
- Finland 1
Recent rounds
Blackstone's latest investments
Blackstone's most recent funding rounds, newest first. 25 rounds in the last 12 months.
- VoltaGrid Growth $775M 5 Oct 2026
- Growth, led $200M 15 Sep 2026
- Etched Growth $700M 18 Aug 2026
- Databricks Growth $5.00B 13 Aug 2026
- Firmus Growth $2.00B 7 Aug 2026
- Series C $120M 7 Jul 2026
- Quantum Systems Series D, led $1.20B 2 Jul 2026
- Ollin Biosciences Series B $330M 24 Jun 2026
- Cyera Series G $600M 10 Jun 2026
- Anthropic Series H+ $65.00B 28 May 2026
Co-investors
Blackstone's top co-investors
The investors that most often join the same rounds as Blackstone. Sequoia Capital leads, with 16 rounds together.
- Sequoia Capital 16 rounds together
- Coatue 16 rounds together
- Insight Partners 11 rounds together
- Morgan Stanley 9 rounds together
- TPG 7 rounds together
- Temasek 7 rounds together
- Andreessen Horowitz 7 rounds together
- General Catalyst 7 rounds together
- GIC 7 rounds together
- Lightspeed Venture Partners 6 rounds together
About
About Blackstone
Blackstone Inc. is an American alternative investment management company engaged in private equity, real estate, credit, infrastructure, hedge funds, secondaries, growth equity, and insurance solutions. The company serves institutional and individual investors globally, with operations in the Americas, EMEA, and APAC. Blackstone also engages in mergers and acquisitions and provides insurance solutions.
Description from Veridion's company data.
- Founded
- 1985
- Based in
- New York, United States
- Team
- 7,643 people, +6% in a year
- Type
- Venture capital firm
Focus markets
- Financial Services
- Real Estate
- Infrastructure
- Insurance
What Blackstone offers
- Alternative Asset Management Services
- Private Equity Investment Management
- Real Estate Investment Management
- Credit Investment Management
- Infrastructure Investment Management
- Hedge Fund Management Services
- Secondaries Investment Management
- Growth Equity Investment Services
Questions
Blackstone: frequently asked questions
How many companies has Blackstone invested in?
83 venture-backed companies on VCMC, across 105 funding rounds.
What are Blackstone's most valuable private companies?
Anthropic ($1.09T), OpenAI ($374.6B), Databricks ($193.6B), by VCMC's valuation.
What was Blackstone's latest investment?
VoltaGrid, a Growth round in Oct 2026 of $775M.
Which stages does Blackstone invest in?
Blackstone invests most often at Series C and later (79 rounds), followed by Series A (10) and seed (8). It has also joined 8 Series B rounds.
What is Blackstone's portfolio worth?
Its private companies with a VCMC valuation are worth $1.94T together. That is the sum of the companies' values, not what Blackstone owns.
Who does Blackstone invest alongside?
Sequoia Capital (16 rounds), Coatue (16 rounds), Insight Partners (11 rounds).