# Baillie Gifford: portfolio, investments and team

> Baillie Gifford is an asset manager based in United Kingdom. 60 investments on record, 11 in the last 12 months, latest Oct 2026.

Source: https://millionrounds.com/fund/baillie-gifford (Millionrounds; every figure on the page links to its filing or article)

United Kingdom · [Investor](https://millionrounds.com/investors)

# Baillie Gifford

Last cheque observed Oct 2026; 60 cheques on record.

Email

Deploying now New fund $159M, Sept 2026 Asset manager

Seed Series A Series B AI & Machine Learning Artificial Intelligence & Machine Learning (AI/ML) Big Data & Analytics

Follow Baillie Gifford and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fbaillie-gifford)

Deploying now

**100%** of best year **11** **cheques in 12 months**, 60 on record

Since the last cheque **7** days **00** hrs **00** min **00** sec

Median round **$270M** Rounds led **6 of 60** Sole investor **2 rounds** Exits **1 from the portfolio** Mostly in **United States, 73%**

Pitch Baillie Gifford

## Baillie Gifford highlights

- 01 11 cheques in the last 12 months
- 02 Mostly Series D and Series E: 53% of its rounds
- 03 Sole investor in 2 rounds, median $108M
- 04 1 exits from the portfolio

## What they do

> We are a long-term investment manager, dedicated to discovering the innovations and changemakers that deliver exceptional growth opportunities for you. From their own website

- **Type:** Asset manager
- **Cheque size:** Not stated
- **Stages:** Seed Series A Series B Growth Pre-IPO
- **Sectors:** AI & Machine Learning Artificial Intelligence & Machine Learning (AI/ML) Big Data & Analytics
- **Based in:** Edinburgh, United Kingdom
- **Cold pitches:** Not accepted

## The record

Every round we can evidence, newest first **60 appearances**

- **2026** 11 rounds
- **Oct** **[Kalshi](https://millionrounds.com/company/kalshi)** Series G · US · https://ascendants.in/ **$1.0B** With 16 others
- **Oct** **[Icon](https://millionrounds.com/company/icon)** Series D · US · AI Insider **$200M** *Led*
- **Sept** **[TEKEVER](https://millionrounds.com/company/tekever)** Series D · GB · TechStartups **$580M** *Led*
- **Aug** **[Hadrian](https://millionrounds.com/company/hadrian)** Growth · US · Crunchbase News **$1.4B** *Led*
- **Jun** **[Airwallex](https://millionrounds.com/company/airwallex)** Series H · SG · Startup Daily **$460M** With 8 others
- **May** **[Stord](https://millionrounds.com/company/stord)** Series F · US · TechCrunch **$250M** With 9 others
- **May** **[Kalshi](https://millionrounds.com/company/kalshi)** US · Ventureburn **$200M** *Led*
- **May** **[Anthropic](https://millionrounds.com/company/anthropic)** Series H · US · Crunchbase News **$50B** With 32 others
- **May** **[Astranis](https://millionrounds.com/company/astranis)** Series E · US · Ventureburn **$300M** With 11 others
- **Feb** **[Wayve](https://millionrounds.com/company/wayve)** Series D · GB · TechCrunch **$1.2B** With 16 others
- **Jan** **[Zipline](https://millionrounds.com/company/zipline)** Growth · US · Crunchbase News **$600M** With 8 others
- **2025** 8 rounds
- **Oct** **[Bending Spoons](https://millionrounds.com/company/bending-spoons)** Growth · IT · Silicon Canals **$710M** With 6 others
- **Sept** **[PsiQuantum](https://millionrounds.com/company/psiquantum)** Series E · US · TechStartups **$1.0B** With 9 others
- **Sept** **[Anthropic](https://millionrounds.com/company/anthropic)** Series F · US · Crunchbase News **$13B** With 21 others
- **Aug** **[Nuro](https://millionrounds.com/company/nuro)** Series E · US · Crunchbase News **$203M** With 10 others
- **Jun** **[Bolttech](https://millionrounds.com/company/bolttech)** Series C · SG · TechCrunch **$147M** With 7 others
- **May** **[Rippling](https://millionrounds.com/company/rippling)** Growth · US · TechCrunch **$450M** With 10 others
- **Apr** **[Runway](https://millionrounds.com/company/runway)** Series D · US · TechCrunch **$308M** With 4 others
- **Jan** **[Anduril](https://millionrounds.com/company/anduril)** US · Firms' own news pages **$1.5B** With 3 others
- **2024** 2 rounds
- **Dec** **[Tenstorrent](https://millionrounds.com/company/tenstorrent)** Series D · US · Crunchbase News **$693M** With 12 others
- **Nov** **[Tekever](https://millionrounds.com/company/tekever)** Series B · PT · TechCrunch **$74M** *Led*
- **2022** 1 round
- **Mar** **[BillionToOne](https://millionrounds.com/company/billiontoone)** Series C · US · Firms' own news pages **$125M** With 9 others
- **2019** 9 rounds
- **Nov** **[Convoy](https://millionrounds.com/company/convoy)** Series D · US · FinSMEs **$400M** With 5 others
- **Oct** **[Scopely](https://millionrounds.com/company/scopely)** Series D · US · TechCrunch **$200M** With 6 others
- **Oct** **[RigUp](https://millionrounds.com/company/rigup)** Series D · US · FinSMEs **$300M** With 5 others
- **Jul** **[Thumbtack](https://millionrounds.com/company/thumbtack)** US · FinSMEs **$15M** With 1 other
- **Jun** **[Carbon](https://millionrounds.com/company/carbon)** US · FinSMEs **$260M** *Led*
- **May** **[Tempus](https://millionrounds.com/company/tempus)** Series F · US · Americaninno **$200M** With 4 others
- **May** **[TransferWise](https://millionrounds.com/company/transferwise)** Series E · GB · TechCrunch **$292M** With 5 others
- **May** **[Away](https://millionrounds.com/company/away)** Series D · US · TechCrunch **$100M** With 3 others
- **Apr** **[Affirm](https://millionrounds.com/company/affirm)** Series F · US · FinSMEs **$300M** With 10 others
- **2018** 8 rounds
- **Sept** **[KSQ Therapeutics](https://millionrounds.com/company/ksq-therapeutics)** Series C · US · FinSMEs **$80M** With 7 others
- **Sept** **[Indigo Agriculture](https://millionrounds.com/company/indigo-agriculture)** Series E · US · FinSMEs **$250M** With 2 others
- **Aug** **[Tempus](https://millionrounds.com/company/tempus)** Series E · US · Builtinchicago **$110M** With 3 others
- **Aug** **[Slack](https://millionrounds.com/company/slack)** Series H · US · FinSMEs **$427M** With 2 others
- **Aug** **[Orchard Therapeutics](https://millionrounds.com/company/orchard-therapeutics)** Series C · GB · FinSMEs **$150M** With 14 others
- **Apr** **[Manbang](https://millionrounds.com/company/manbang)** CN · China Money Network **$1.9B** With 7 others
- **Apr** **[Reaction Engines](https://millionrounds.com/company/reaction-engines)** GB · FinSMEs **$38M** With 4 others
- **Mar** **[Unity](https://millionrounds.com/company/unity)** Series C · US · FinSMEs **$55M** With 11 others
- **2017** 6 rounds
- **Dec** **[Orchard](https://millionrounds.com/company/orchard)** Series B · GB · FinSMEs **$110M** With 8 others

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.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **24 named**

AH **Adam Howard Joseph Conn** Director i Form ADV

AW **Alan William Paterson** VICE PRESIDENT i Filing they signed since 2010

AD **Alastair David Maclean** Chief Legal Officer i Form ADV

AJ **Andrew James Telfer** VICE PRESIDENT i Filing they signed since 2012

AN **Angus N.G. Macdonald** SECRETARY i Filing they signed

AM **Angus Mcleod** Director i Filing they signed

AM **Ann-Marie Mitchell** Finance Officer i Form ADV

BS **Barry Sinclair Coghill** Director i Form ADV

BC **Brian Collins** Director i Filing they signed

BC **Bruce C. Long** TRUSTEE i Filing they signed

CR **Christian Richard Spencer Turpin** Independent Non Executive Director i Form ADV since 2023

CM **Christopher Mark Murphy** Director i Form ADV since 2023

CM **Colin Murray Fraser** secretary i Company register since 2009

DW **David William Salter** Manager / Chief Executive Officer i Form ADV

DR **Dean Robert Buckley** Independent Non Executive Director i Form ADV since 2019

DS **Derek Samuel Mcgowan** Chief Executive/Director i Form ADV since 2003

DH **Dickson H. Jackson** VICE PRESIDENT i Filing they signed

DP **Donald P. Sullivan, Jr.** TRUSTEE i Filing they signed

EH **Edward H. Hocknell** VICE PRESIDENT i Filing they signed

EL **Erica Lisa Bleil** Manager i Form ADV

ED **Evan Delaney** CHIEF RISK OFFICER i Filing they signed since 2013

GE **Gareth E. Griffiths** CHIEF LEGAL OFFICER, SECRETARY, CHIEF COMPLIANCE OFFICER AND AML COMPLIANCE OFFICER i Filing they signed

GR **Gavin Richard Gordon Scott** Director i Form ADV

GW **George W. Browning** TRUSTEE i Filing they signed

We also hold **93** 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.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**$148B** assets it manages, 3 advisers combined Oct 2026

**Exempt** reporting adviser venture or small private funds

- **Legal name:** BAILLIE GIFFORD & CO LIMITED
- **SEC number:** CRD 110296
- **Companies House:** SC069524, since 1979

Funds on its Form ADV

**2** private funds, **$678M** in gross assets · filed Nov 2024

Private equity **1** Group trust primarily invest **1**

- Baillie Gifford Private Companies Fund II L.P. *Private equity* 36 investors $480M
- THE Emerging Markets Fund, AN Investment Fund Established Under the Baillie Gifford Group Trust *Group trust primarily invest* 3 investors $198M

## Exits from the portfolio

Companies it backed that were later bought or listed **1 in all**

**[Flipkart](https://millionrounds.com/company/flipkart)** Bought by [Ebay](https://millionrounds.com/fund/ebay) **Undisclosed** Aug 2017

An exit counts when it came after the firm's first round in the company. From historical deal records.

New fund on file

**$159M**

raised in Sept 2026

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Seed Series A Series B

Median round joined **$270M** the round, not its cheque Alone, median **$108M**

Led 6 of 60 rounds **10%**

- **Sole investor:** 2 rounds
- **Last cheque:** Oct 2026
- **Exits:** 1 from the portfolio

Rounds by stage said on their site

- Series D *12*
- Series E *9*
- Series F *8*
- Growth said *6*
- Series C *5*
- Seed said *-*
- Series A said *-*

Cheques by month Led Joined

Dec 2023 Nov 2026

Often in the room with

- [Fidelity](https://millionrounds.com/fund/fidelity) 15
- [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) 10
- [T. Rowe Price](https://millionrounds.com/fund/t-rowe-price) 9
- [Tiger Global Management](https://millionrounds.com/fund/tiger-global-management) 9
- [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) 8
- [Founders Fund](https://millionrounds.com/fund/founders-fund) 8

**Pitching Baillie Gifford?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

Add to your CRM *→*

## Who they invest alongside

The investors most often in the same rounds as Baillie Gifford. A count of rooms they were both in, not a relationship either has claimed.

[**Fidelity** VC firm **15** rounds together](https://millionrounds.com/fund/fidelity)[**Sequoia Capital** VC firm **10** rounds together](https://millionrounds.com/fund/sequoia-capital)[**T. Rowe Price** Private equity **9** rounds together](https://millionrounds.com/fund/t-rowe-price)[**Tiger Global Management** VC firm **9** rounds together](https://millionrounds.com/fund/tiger-global-management)[**Andreessen Horowitz** VC firm **8** rounds together](https://millionrounds.com/fund/andreessen-horowitz)[**Founders Fund** VC firm **8** rounds together](https://millionrounds.com/fund/founders-fund)[**Temasek Holdings** VC firm **7** rounds together](https://millionrounds.com/fund/temasek)[**BlackRock** Asset manager **6** rounds together](https://millionrounds.com/fund/blackrock)[**Coatue** VC firm **5** rounds together](https://millionrounds.com/fund/coatue-management)[**GIC** Private equity **5** rounds together](https://millionrounds.com/fund/gic)[**Wellington Management** VC firm **5** rounds together](https://millionrounds.com/fund/wellington-management)[**DST Global** Private equity **4** rounds together](https://millionrounds.com/fund/dst-global)

## Recently backed

The latest companies Baillie Gifford put money into.

[**Kalshi** $1.0B · Oct 2026](https://millionrounds.com/company/kalshi)[**Hadrian** $1.4B · Aug 2026](https://millionrounds.com/company/hadrian)[**Airwallex** $460M · Jun 2026](https://millionrounds.com/company/airwallex)[**Stord** $250M · May 2026](https://millionrounds.com/company/stord)[**Anthropic** $50B · May 2026](https://millionrounds.com/company/anthropic)[**Astranis** $300M · May 2026](https://millionrounds.com/company/astranis)

## Mentioned on podcasts

Episodes that name Baillie Gifford in their description, not their title.

- [Business Breakdowns](https://millionrounds.com/podcasts/business-breakdowns) 6 Mar 2026 · 53 min ASML: Competing with Moore’s Law - [Business Breakdowns, REPLAY] Mentions [Baillie Gifford](https://millionrounds.com/fund/baillie-gifford) Apple PodcastsShow page
- [Sourcery](https://millionrounds.com/podcasts/sourcery) 21 Jan 2026 · 50 min Zipline Raises $600M+ at $7.6B Valuation | CEO Keller Rinaudo Cliffton With [Keller Rinaudo](https://millionrounds.com/person/keller-rinaudo)[Keller Rinaudo Cliffton](https://millionrounds.com/person/keller-rinaudo-cliffton) Mentions [Baillie Gifford](https://millionrounds.com/fund/baillie-gifford)[Fidelity](https://millionrounds.com/fund/fidelity)[Research Company](https://millionrounds.com/fund/research-company) *+1* Apple PodcastsShow page
- [Sourcery](https://millionrounds.com/podcasts/sourcery) 30 Sept 2025 · 51 min Joby, Dirac & Allen Control: The Future of Air, AI & Defense Tech Mentions [Baillie Gifford](https://millionrounds.com/fund/baillie-gifford)[Coatue](https://millionrounds.com/fund/coatue-management)[Founders Fund](https://millionrounds.com/fund/founders-fund) Apple PodcastsShow page
- [Sourcery](https://millionrounds.com/podcasts/sourcery) 10 Sept 2025 · 1h 58m PsiQuantum’s $1B Series E, Nvidia, & the Race to 1 Million Qubits Mentions [Atomico](https://millionrounds.com/fund/atomico)[Baillie Gifford](https://millionrounds.com/fund/baillie-gifford)[BlackRock](https://millionrounds.com/fund/blackrock) *+3* Apple PodcastsShow page
- [Startup Europe](https://millionrounds.com/podcasts/sifted) 14 Aug 2025 · 14 min Meet Europe’s ‘other’ defence tech unicorn: Tekever Mentions [Baillie Gifford](https://millionrounds.com/fund/baillie-gifford)[Innovation Fund](https://millionrounds.com/fund/innovation-fund) Apple Podcasts

## Quick answers about Baillie Gifford

### What does Baillie Gifford invest in?

Baillie Gifford invests most often at Series D and Series E (53% of the rounds on record), in sectors such as AI & Machine Learning, Artificial Intelligence & Machine Learning (AI/ML) and Big Data & Analytics.

### How active is Baillie Gifford?

60 investments on record, 11 of them in the last 12 months, and it led 6. The most recent was in Oct 2026.

### What has Baillie Gifford invested in recently?

Its most recent investments on record: Kalshi (Series G, Oct 2026), Icon (Series D, Oct 2026) and TEKEVER (Series D, Sept 2026).

### How big are Baillie Gifford's cheques?

The median round it joins is $270M.

### Does Baillie Gifford lead rounds?

Sometimes: it led 6 of its 60 investments on record (10%).

### Where does Baillie Gifford invest?

Most of the companies it backs are in the United States (73%), the United Kingdom (15%) and Singapore (5%).

### Is Baillie Gifford investing now?

Yes: it is actively investing, with 11 investments in the last 12 months.

### Who does Baillie Gifford invest alongside?

Most often Fidelity (15 rounds together), Sequoia Capital (10 rounds together) and T. Rowe Price (9 rounds together).

## Raising now?

Find the investors who back rounds like yours, and keep every conversation on one fundraising board.

Find similar investorsOpen your CRM

Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=baillie-gifford) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=baillie-gifford)