Venture capital firm

Warburg Pincus portfolio
warburgpincus.comWarburg Pincus is a venture capital firm based in New York, United States, founded in 1966. It has invested in 76 venture-backed companies across 98 funding rounds on VCMC, and led 65 of those rounds. 5 of them were in the last 12 months.
76
Venture-backed companies
in its portfolio on VCMC
98
Funding rounds
led 65
5
Last 12 months
rounds, Oct 2025 to Sep 2026
31
With a disclosed valuation
of 76 companies
$187.5B
Combined value of its private companies
the whole companies, not what Warburg Pincus owns
72 private companies Warburg Pincus has backed have a VCMC valuation; together they are worth $187.5B. That is the value of the whole companies, not what Warburg Pincus owns. Ant Group is 36% of the total. 4 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
Warburg Pincus' most valuable portfolio companies
The 10 most valuable private companies Warburg Pincus has backed, by VCMC's valuation. Values cover private companies only; public companies are not included.
- 1 Ant Group Tech Companies, Hangzhou $67.6B range $13.0B – $152.4B Joined at Series C, 2018
- 2 Big Brand Tire & Service Breaks, Wheels & Tire Dealers, Moorpark $20.9B range $12.2B – $31.8B Led at Growth, 2025
- 3 Ola Corporate Ridesharing $9.3B range $727M – $10.7B Joined at Growth, 2021
- 4 Ridesharing, Special Capital Region of Jakarta $7.4B range $1.3B – $27.9B Led at Growth, 2016
- 5 Princeton Digital Group Hosting & Cloud Infrastructure Providers $7.2B range $2.2B – $11.0B Joined at Growth, 2022
- 6 JINGDONG Property Real Estate Investment, Yuexiu District $7.2B range $510M – $10.9B Led at Series B, 2022
- 7 Ziru Property Management, Beijing $4.9B range $253M – $7.4B Led at Series A, 2018
- 8 Business Consulting, Carrollton $4.1B range $2.4B – $4.7B Led at Growth, 2024
- 9 Tech Companies, Vilnius $3.7B range $3.1B – $4.6B Led at Growth, 2026
- 10 Yuan Qi Forest Beverages & Refreshments $3.6B range $282M – $7.6B Joined at Growth, 2021
Portfolio
Full Warburg Pincus portfolio (76 companies)
76 companies. Load more shows the rest.
| # | Last round | History | Range | Trend | Grade | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Ola Corporate Ridesharing · since Growth, 2021 | Series J Dec 2021 $139M | $9.3B | $727M – $10.7B | $8.6B (-8%) | $1.4B | 0% | 29,717 | flat | D | |
| 2 | Ant Group Tech Companies · since Series C, 2018 | Series C Jun 2018 $14.00B | $67.6B | $13.0B – $152.4B | $67.6B (0%) | $24.7B | 46% | 10,623 | flat | D | |
| 3 | Princeton Digital Group Hosting & Cloud Infrastructure Providers · since Growth, 2022 | Debt Jul 2025 $1.20B | $7.2B | $2.2B – $11.0B | $7.2B (0%) | $749M | 0% | 449 | growing | C | |
| 4 | Big Brand Tire & Service Breaks, Wheels & Tire Dealers · led at Growth, 2025 | Growth Equity Oct 2025 $1.63B | $20.9B | $12.2B – $31.8B | $20.9B (0%) | $1.9B | 0% | 502 | up | B | |
| 5 | Ziru Property Management · led at Series A, 2018 | Series B Jun 2019 $500M | $4.9B | $253M – $7.4B | $4.9B (0%) | $682M | 4% | 4,041 | unknown | D | |
| 6 | Varo Banks & ATMs · led at Series B, 2018 | Series G Feb 2026 $124M | $1.5B | $979M – $2.3B | $1.2B (-17%) | $213M | 97% | 406 | down | B | |
| 7 | JINGDONG Property Real Estate Investment · led at Series B, 2022 | Series B Mar 2022 $800M | $7.2B | $510M – $10.9B | $7.0B (-3%) | $943M | 0% | 79 | up | D | |
| 8 | Trax Tech Companies · since Series D, 2019 | Series E Apr 2021 $640M | $730M | $348M – $2.6B | $646M (-12%) | $812M | 97% | 575 | shrinking | D | |
| 9 | Quantexa Tech Companies · led at Series D, 2021 | Series F Mar 2025 $175M | $3.5B | $1.6B – $4.0B | $3.5B (0%) | $417M | 0% | 879 | flat | B | |
| 10 | Assent Tech Companies · led at Growth, 2018 | Growth Equity Jan 2022 $350M | $955M | $85.1M – $1.2B | $955M (0%) | $99.0M | 0% | 1,060 | flat | D | |
| 11 | Yuan Qi Forest Beverages & Refreshments · since Growth, 2021 | Growth Equity Apr 2021 $500M | $3.6B | $282M – $7.6B | $3.6B (0%) | $683M | 0% | 80 | unknown | D | |
| 12 | CData Tech Companies · led at Growth, 2024 | Growth Equity Jun 2024 $350M | $822M | $314M – $1.0B | $757M (-8%) | $79.2M | 11% | 492 | flat | B | |
| 13 | Geekplus Industrial Machinery & Supplies · led at Series B, 2018 | Series E Aug 2022 $100M | $1.7B | $320M – $3.0B | $1.6B (-5%) | $348M | 1% | 712 | up | D | |
| 14 | Salsify Tech Companies · led at Series E, 2020 | Series F Apr 2022 $200M | $1.3B | $147M – $2.7B | $1.2B (-8%) | $286M | 14% | 587 | flat | D | |
| 15 | Tech Companies · led at Series F, 2020 | Series F May 2020 $75M | $112M | $39.3M – $237M | $112M (0%) | $64.7M | 97% | 135 | shrinking | C | |
| 16 | Tech Companies · led at Series C, 2021 | Acquisition May 2025 $400M | $582M acquired 2025 | $122M – $2.2B | – | – | 61% | 280 | down | D | |
| 17 | Tech Companies · led at Series C, 2021 | Series C Oct 2021 $56M | $146M | $24.9M – $930M | $127M (-13%) | $72.3M | 64% | 126 | down | D | |
| 18 | Tech Companies · led at Series C, 2022 | Growth Equity Sep 2025 $43M | $535M | $311M – $815M | $535M (0%) | $48.2M | 0% | 88 | up | B | |
| 19 | Groceries · since Seed, 2021 | Other Jul 2023 $1.5M | $155M | $8.23M – $178M | $141M (-9%) | $41.6M | 0% | 71 | flat | D | |
| 20 | Dentists & Dental Clinics · since Series A, 2024 | Series A Dec 2024 $5.2M | $54.1M | $11.6M – $82.4M | $54.1M (0%) | $7.58M | 0% | 132 | flat | C | |
| 21 | Tech Companies · since Growth, 2016 | Buyout Mar 2022 $1.50B | $990M acquired 2022 | $45.1M – $2.0B | – | – | 0% | – | unknown | D | |
| 22 | Health Care Services · led at Growth, 2020 | Growth Equity Nov 2020 | $842M | $53.2M – $2.1B | $827M (-2%) | $105M | 15% | 1,618 | flat | D | |
| 23 | Decorators & Interior Designers · led at Growth, 2024 | Growth Equity Aug 2024 | $475M | $209M – $1.3B | $276M (-42%) | $92.0M | 97% | 936 | shrinking | C | |
| 24 | Ridesharing · led at Growth, 2016 | Growth Equity Oct 2019 $50M | $7.4B | $1.3B – $27.9B | $7.4B (0%) | – | 0% | 28,000 | unknown | D | |
| 25 | Business Consulting · led at Growth, 2024 | Growth Equity Nov 2024 $525M | $4.1B | $2.4B – $4.7B | $4.1B (0%) | $367M | 0% | 827 | up | B | |
| 26 | Loans & Financing · led at Series D, 2021 | Series D Sep 2021 $400M | $2.2B | $326M – $2.7B | $2.1B (-5%) | $329M | 0% | 1,928 | up | D | |
| 27 | Payment Processing & Point of Sale · led at Series C, 2019 | Series E Dec 2021 $200M | $1.7B | $115M – $3.0B | $1.7B (0%) | $329M | 0% | 55 | unknown | D | |
| 28 | Real Estate Rental · since Growth, 2019 | Debt Jun 2024 $135M | $1.9B | $149M – $2.9B | $1.9B (0%) | $220M | 0% | 132 | up | D | |
| 29 | Tech Companies · since Series C, 2022 | Growth Equity May 2024 $80M | $850M | $216M – $1.3B | $821M (-3%) | $88.0M | 0% | 1,597 | flat | C | |
| 30 | Water Supply & Water Treatment · led at Series C, 2021 | Series E May 2026 | $2.2B | $1.7B – $3.0B | $2.6B (+16%) | $286M | 0% | 846 | up | A | |
| 31 | Loans & Financing · led at Series C, 2023 | Debt Dec 2025 $140M | $2.0B | $883M – $3.3B | $2.0B (0%) | $241M | 0% | 2,090 | growing | C | |
| 32 | Medical Laboratories · led at Growth, 2015 | Series C Jun 2021 $50M | $618M | $70.9M – $1.0B | $585M (-5%) | $87.6M | 0% | 621 | up | D | |
| 33 | Insurance - Agents, Carriers & Brokers · led at Seed, 2022 | Seed Oct 2022 $350M | $80.5M | $1.23M – $279M | $75.7M (-6%) | $6.18M | 8% | 81 | flat | D | |
| 34 | Tech Companies · led at Series B, 2019 | Series D Sep 2023 $229M | $1.3B | $243M – $1.5B | $1.2B (-9%) | $164M | 0% | 1,556 | flat | C | |
| 35 | Tech Companies · led at Series D, 2022 | Series D Feb 2022 $150M | $615M | $82.1M – $1.3B | $571M (-7%) | $151M | 28% | 362 | flat | D | |
| 36 | Tech Companies · led at Series E, 2024 | Series E Sep 2024 $125M | $962M | $403M – $1.3B | $704M (-27%) | $146M | 31% | 1,117 | flat | B | |
| 37 | Tech Companies · led at Series D, 2019 | Series E Nov 2021 $150M | $179M | $73.4M – $523M | $178M (0%) | $121M | 97% | 176 | shrinking | C | |
| 38 | Trucking and Logistics · since Growth, 2016 | Growth Equity Aug 2016 $255M | $2.0B | $153M – $4.1B | $2.0B (0%) | $281M | 8% | 772 | flat | D | |
| 39 | Online Marketplace · led at Series C, 2016 | Growth Equity Mar 2020 $120M | $219M | $87.6M – $1.0B | $219M (0%) | $132M | 97% | 343 | down | D | |
| 40 | Automobile Dealers & Manufacturers · since Growth, 2016 | Growth Equity Feb 2017 $55M | $427M | $34.9M – $743M | $427M (0%) | $60.5M | 12% | 377 | flat | D | |
| 41 | Tech Companies · led at Growth, 2019 | Growth Equity Aug 2019 $200M | $2.1B | $161M – $3.4B | $2.1B (0%) | $220M | 0% | 1,635 | up | D | |
| 42 | Tech Companies · led at Growth, 2023 | Growth Equity Sep 2023 $100M | $3.1B | $896M – $4.1B | $3.1B (-3%) | $351M | 0% | 2,016 | up | C | |
| 43 | Online Marketplace · led at Series E, 2012 | Debt Jul 2019 $2.9M | $850M | $86.9M – $1.1B | $850M (0%) | $164M | 9% | 1,988 | flat | D | |
| 44 | Legal Services · led at Series D, 2021 | Series D Nov 2021 $150M | $13.6M | $0 – $13.6M | $13.6M (0%) | – | 100% | 162 | shrinking | dead | |
| 45 | Real Estate Rental · led at Growth, 2018 | Growth Equity Nov 2018 $181M | $1.3B | $89.5M – $2.9B | $1.3B (0%) | $199M | 0% | 128 | up | D | |
| 46 | Tech Companies · since Series F, 2026 | Series F Oct 2026 $180M | $1.9B | $1.2B – $3.6B | $2.4B (+29%) | $322M | 0% | 883 | up | B | |
| 47 | Veterinarians & Animal Hospitals · led at Growth, 2021 | Growth Equity Oct 2021 $170M | $966M | $90.1M – $2.2B | $933M (-3%) | $158M | 17% | 458 | flat | D | |
| 48 | Software Development Services · led at Growth, 2021 | Growth Equity Jan 2022 $85M | $540M | $50.9M – $1.1B | $538M (0%) | $92.5M | 15% | 344 | flat | D | |
| 49 | Investment Consultants & Financial Advisors · led at Series A, 2018 | Growth Equity Oct 2024 $35M | $405M | $170M – $687M | $279M (-31%) | $41.1M | 24% | 308 | up | C | |
| 50 | Tech Companies · led at Series D, 2018 | Other Feb 2020 $15M | $472M | $52.2M – $963M | $472M (0%) | $85.8M | 39% | 696 | 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 Warburg Pincus invests: stages, industries and countries
Most of its rounds are Series C and later (82%). Its companies span 35 industries, most in Tech Companies, Health Care Services and Insurance - Agents, Carriers & Brokers, across 14 countries.
Rounds by stage
- Seed 2
- Series A 4
- Series B 12
- Series C and later 80
Investments by industry
- Tech Companies 33
- Health Care Services 2
- Insurance - Agents, Carriers & Brokers 2
- Loans & Financing 2
- Online Marketplace 2
- Payment Processing & Point of Sale 2
- Real Estate Rental 2
- Ridesharing 2
Investments by country
- United States 34
- India 10
- Brazil 6
- China 6
- Singapore 6
- Canada 3
Recent rounds
Warburg Pincus' latest investments
Warburg Pincus' most recent funding rounds, newest first. 5 rounds in the last 12 months.
- Series F $180M 13 Oct 2026
- Growth $125M 16 Jul 2026
- Growth, led $130M 9 Jul 2026
- Growth, led amount not disclosed 27 May 2026
- Varo Series G, led $124M 2 Feb 2026
- Big Brand Tire & Service Growth, led $1.63B 2 Oct 2025
- Growth $43M 22 Sep 2025
- Quantexa Series F $175M 5 Mar 2025
- Series A $5.2M 1 Dec 2024
- Series C, led $60M 19 Nov 2024
Co-investors
Warburg Pincus' top co-investors
The investors that most often join the same rounds as Warburg Pincus. Temasek leads, with 7 rounds together.
- Temasek 7 rounds together
- Bessemer Venture Partners 5 rounds together
- GIC 4 rounds together
- TPG 3 rounds together
- Accel 3 rounds together
- SoftBank Vision Fund 3 rounds together
- General Catalyst 3 rounds together
- 3 rounds together
- GV 3 rounds together
- 2 rounds together
About
About Warburg Pincus
Warburg Pincus LLC is an American private equity firm that provides private equity, real estate, and capital solutions to investors and management teams. The company operates globally, with offices in the United States, Europe, Brazil, China, Southeast Asia, and India, and manages a portfolio of investments across sectors such as business services, consumer, energy transition and sustainability, financial services, healthcare, industrials, real estate, and technology. Warburg Pincus is a signatory to the United Nations-supported Principles for Responsible Investment and is a founding partner of Ownership Works.
Description from Veridion's company data.
- Founded
- 1966
- Based in
- New York, United States
- Team
- 1,521 people, +7% in a year
- Type
- Venture capital firm
Focus markets
- Private Equity
- Real Estate
- Financial Services
- Healthcare
- Industrials
- Technology
- Consumer
- Energy
- Media
What Warburg Pincus offers
- Private Equity Investment Management
- Real Estate Investment Management
- Capital Solutions Investment Management
- Sector-Specific Investment Management
- Growth Capital Raising and Deployment
- Portfolio Company Value Creation Consulting
- Sustainable Investment Solutions
- Responsible Investment Advisory Services
Questions
Warburg Pincus: frequently asked questions
How many companies has Warburg Pincus invested in?
76 venture-backed companies on VCMC, across 98 funding rounds.
What are Warburg Pincus' most valuable private companies?
Ant Group ($67.6B), Big Brand Tire & Service ($20.9B), Ola Corporate ($9.3B), by VCMC's valuation.
What was Warburg Pincus' latest investment?
Scanntech, a Series F round in Oct 2026 of $180M.
Which stages does Warburg Pincus invest in?
Warburg Pincus invests most often at Series C and later (80 rounds), followed by Series B (12) and Series A (4). It has also joined 2 seed rounds.
What is Warburg Pincus' portfolio worth?
Its private companies with a VCMC valuation are worth $187.5B together. That is the sum of the companies' values, not what Warburg Pincus owns.
Who does Warburg Pincus invest alongside?
Temasek (7 rounds), Bessemer Venture Partners (5 rounds), GIC (4 rounds).