What does Adams Street Partners invest in?
Adams Street Partners invests most often at Series B and Series C (50% of the rounds on record), in sectors such as Wellbeing, Cloud Infrastructure and Digital-health.

United States · Investor
Last cheque observed Oct 2026; 188 cheques on record.
Deploying nowNew fund $656M, Sept 2026VC firm
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11 cheques in the last 12 months
Mostly Series B and Series C: 50% of its rounds
Sole investor in 11 rounds, median $16M
32 exits from the portfolio
Adams Street Partners is one of the industry's most respected and experienced global private markets investment managers.From their own website
Every round we can evidence, newest first188 appearances
9 rounds
14 rounds
5 rounds
3 rounds
8 rounds
5 rounds
An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.
Named by the firm itself, on a filing, its Form ADV or its company registration24 named
We also hold 186 people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.
From the firm's own filings with the SEC, which it must file accurately by law
Funds on its Form ADV
303 private funds, $50B in gross assets · filed Jun 2024
Private equity 302Venture 1
And 293 more on the filing.
Who backs their funds
The institutions that put money into its funds, which the firm then invests in companies.Source: the pension's own report, latest Jun 2026.
| Fund | Vintage | Committed |
|---|---|---|
| Adams Street Global Secondary Fund 7 | 2021 | $265M |
| Adams Street Global Secondary Fund 6 | 2017 | $100M |
| Adams Street Global Secondary Fund 5 | 2012 | $100M |
Companies it backed that were later bought or listed32 in all
The latest 20 here. An exit counts when it came after the firm's first round in the company. From historical deal records.
The investors most often in the same rounds as Adams Street Partners. A count of rooms they were both in, not a relationship either has claimed.
The latest companies Adams Street Partners put money into.
Episodes that name Adams Street Partners in their description, not their title.

E386: Adams Street ($70B): Venture Capital Has a New Problem
MentionsAdams Street Partners

Growth Equity Leader: Adams Street’s Brian Dudley
MentionsAdams Street Partners

Minisode: Franchise Funds: Why do LPs & Founders Care?

Franchise Funds: Becoming (and Remaining) One with Stephen Bluestein
MentionsAdams Street PartnersBessemer Venture PartnersLight Street Capital+1

KKR's Head of TMT Growth Equity Dave Welsh
Adams Street Partners invests most often at Series B and Series C (50% of the rounds on record), in sectors such as Wellbeing, Cloud Infrastructure and Digital-health.
188 investments on record, 11 of them in the last 12 months, and it led 3. The most recent was in Oct 2026.
Its most recent investments on record: Homeward (Series D, Oct 2026), Mineralys Therapeutics (Debt, Jun 2026) and Lyra Health (Growth, May 2026).
The median round it joins is $70M. It says it writes cheques of $5.0M to $75M.
Sometimes: it led 3 of its 188 investments on record (2%).
Most of the companies it backs are in the United States (87%).
Yes: it is actively investing, with 11 investments in the last 12 months.
Most often Accel (9 rounds together), Bessemer Venture Partners (8 rounds together) and Partech Ventures (8 rounds together).
Find the investors who back rounds like yours, and keep every conversation on one fundraising board.
Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it