# Who Invests With BlackRock: 300 Co-Investors (2026)

> The 300 investors that have backed two or more of the same startups as BlackRock, by kind: vc firms, private equity and asset managers and corporate investors.

Source: https://millionrounds.com/portfolio-maps/blackrock-co-investors (Millionrounds; every figure on the page links to its filing or article)

## VC firms

185

- [Fidelity](https://millionrounds.com/fund/fidelity)
- [Wellington Management](https://millionrounds.com/fund/wellington-management)
- [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz)
- [Temasek Holdings](https://millionrounds.com/fund/temasek)
- [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund)
- [Founders Fund](https://millionrounds.com/fund/founders-fund)
- [General Catalyst](https://millionrounds.com/fund/general-catalyst)
- [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital)
- [Lux Capital](https://millionrounds.com/fund/lux-capital)
- [Tiger Global Management](https://millionrounds.com/fund/tiger-global-management)
- [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners)
- [SV Angel](https://millionrounds.com/fund/sv-angel)
- [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates)
- [Index Ventures](https://millionrounds.com/fund/index-ventures)
- [Coatue](https://millionrounds.com/fund/coatue-management)
- [Accel](https://millionrounds.com/fund/accel)
- [Benchmark](https://millionrounds.com/fund/benchmark)
- [IVP](https://millionrounds.com/fund/ivp)
- [SoftBank Vision Fund](https://millionrounds.com/fund/softbank-investment-advisers)
- [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures)
- [BoxGroup](https://millionrounds.com/fund/boxgroup)
- [Insight Partners](https://millionrounds.com/fund/insight-venture-partners)
- [Spark Capital](https://millionrounds.com/fund/spark-capital)
- [SoftBank](https://millionrounds.com/fund/softbank-2)

+161 more

## Private equity and asset managers

47

- [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs)
- [Franklin Templeton](https://millionrounds.com/fund/franklin-templeton)
- [T. Rowe Price](https://millionrounds.com/fund/t-rowe-price)
- [TPG](https://millionrounds.com/fund/tpg)
- [Janus Henderson Investors](https://millionrounds.com/fund/janus-henderson-investors)
- [DST Global](https://millionrounds.com/fund/dst-global)
- [RA Capital Management](https://millionrounds.com/fund/ra-capital-management)
- [Baillie Gifford](https://millionrounds.com/fund/baillie-gifford)
- [General Atlantic](https://millionrounds.com/fund/general-atlantic)
- [Dragoneer Investment](https://millionrounds.com/fund/dragoneer-investment-group)
- [Morgan Stanley Investment Management](https://millionrounds.com/fund/morgan-stanley-investment-management)
- [Apollo](https://millionrounds.com/fund/apollo-global-management)
- [Sands Capital Ventures](https://millionrounds.com/fund/sands-capital-ventures)
- [Blackstone Group](https://millionrounds.com/fund/blackstone-group)
- [GIC](https://millionrounds.com/fund/gic)
- [HarbourVest Partners](https://millionrounds.com/fund/harbourvest-partners)
- [Cormorant Asset Management](https://millionrounds.com/fund/cormorant-asset-management)
- [Vivo Capital](https://millionrounds.com/fund/vivo-capital)
- [L Catterton](https://millionrounds.com/fund/l-catterton)
- [PremjiInvest](https://millionrounds.com/fund/premji-invest)
- [DCM Ventures](https://millionrounds.com/fund/dcm-ventures)
- [Gaingels](https://millionrounds.com/fund/gaingels)
- [Foresite Capital](https://millionrounds.com/fund/forsite-capital)
- [Summit Partners](https://millionrounds.com/fund/summit-partners)

+23 more

## Corporate investors

26

- [Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures)
- [Google Ventures](https://millionrounds.com/fund/gv)
- [SoftBank BB Corp](https://millionrounds.com/fund/softbank)
- [CapitalG](https://millionrounds.com/fund/capitalg)
- [Intel Capital](https://millionrounds.com/fund/intel-capital)
- [Microsoft](https://millionrounds.com/fund/microsoft)
- [Deutsche Bank](https://millionrounds.com/fund/deutsche-bank)
- [Cisco Investments](https://millionrounds.com/fund/cisco-investments)
- [Wells Fargo](https://millionrounds.com/fund/wells-fargo-bank-office)
- [Mitsui & Co](https://millionrounds.com/fund/mitsui-and-co)
- [British Business Bank](https://millionrounds.com/fund/national-security-strategic-investment-fund)
- [M12](https://millionrounds.com/fund/m12)
- [TDK Ventures](https://millionrounds.com/fund/tdk-ventures)
- [Cisco](https://millionrounds.com/fund/cisco)
- [Comcast Ventures](https://millionrounds.com/fund/comcast-ventures)
- [MUFG Innovation Partners](https://millionrounds.com/fund/mufg-innovation-partners)
- [NVentures](https://millionrounds.com/fund/nventures)
- [USAA](https://millionrounds.com/fund/usaa)
- [Rabobank](https://millionrounds.com/fund/rabobank)
- [Endeavor Catalyst](https://millionrounds.com/fund/endeavor-catalyst)
- [Barclays Ventures](https://millionrounds.com/fund/barclays-ventures)
- [Toyota](https://millionrounds.com/fund/toyota)
- [Lockheed Martin](https://millionrounds.com/fund/lockheed-martin-ventures)
- [Sanofi Ventures](https://millionrounds.com/fund/sanofi-ventures)

+2 more

## Growth funds

23

- [Citibank](https://millionrounds.com/fund/citi)
- [*QB* Qatar Ban](https://millionrounds.com/fund/qatar-ban)
- [MGX](https://millionrounds.com/fund/mgx)
- [RTW Investments LLC](https://millionrounds.com/fund/rtw-investments-lp)
- [*II* IVP (Institutional Venture Partners)](https://millionrounds.com/fund/ivp-institutional-venture-partners)
- [HSBC](https://millionrounds.com/fund/hsbc)
- [Bond](https://millionrounds.com/fund/bond)
- [Sakana AI](https://millionrounds.com/fund/mufg)
- [D. E. Shaw Ventures](https://millionrounds.com/fund/d-e-shaw-ventures)
- [*CI* CPP Investments](https://millionrounds.com/fund/cpp-investments)
- [Alibaba](https://millionrounds.com/fund/alibaba)
- [WCM Investment Management](https://millionrounds.com/fund/wcm-investment-management)
- [Micron Ventures](https://millionrounds.com/fund/micron-ventures)
- [Ares Management](https://millionrounds.com/fund/ares-management)
- [TPG Sourcing Advisors, LLC](https://millionrounds.com/fund/tpg-sourcing-advisors-llc)
- [Focus Ventures](https://millionrounds.com/fund/focus-ventures-2)
- [*JN* Juniper Networks](https://millionrounds.com/fund/juniper-networks)
- [Vilicus Ventures](https://millionrounds.com/fund/vilicus-ventures)
- [SharesPost Investment Management](https://millionrounds.com/fund/sharespost-investment-management)
- [J.P. Morgan Asset Management](https://millionrounds.com/fund/j-p-morgan-asset-management)
- [BlackRock-managed funds](https://millionrounds.com/fund/blackrock-managed-funds)
- [*ES* EQT's Scaleup Europe Fund](https://millionrounds.com/fund/eqt-s-scaleup-europe-fund)
- [Scaleup Europe Fund](https://millionrounds.com/fund/scaleup-europe-fund)

## Accelerators

5

- [Y Combinator](https://millionrounds.com/fund/y-combinator)
- [Plug and Play](https://millionrounds.com/fund/plug-and-play)
- [In-Q-Tel](https://millionrounds.com/fund/iqt)
- [Google](https://millionrounds.com/fund/google-assistant-investments)
- [Thrive Capital](https://millionrounds.com/fund/thrive-capital)

## Angels and networks

5

- [*5G* 500 Global](https://millionrounds.com/fund/500-startups)
- [*JB* Jeff Bezos](https://millionrounds.com/fund/jeff-bezos)
- [*DC* David Cohen](https://millionrounds.com/fund/david-cohen)
- [*SB* Scott Banister](https://millionrounds.com/fund/scott-banister)
- [*JT* John Thompson](https://millionrounds.com/fund/john-thompson)

## Government funds

5

- [European Investment Bank](https://millionrounds.com/fund/european-investment-bank)
- [Bpifrance](https://millionrounds.com/fund/bpifrance)
- [International Finance Corporation](https://millionrounds.com/fund/international-finance-corporation-ifc)
- [Tesi](https://millionrounds.com/fund/tesi)
- [EIC Accelerator](https://millionrounds.com/fund/eic-accelerator)

## Family offices

4

- [Thrive Capital](https://millionrounds.com/fund/thrive-capital-2)
- [Hill House Capital](https://millionrounds.com/fund/hill-house-capital)
- [IPGL](https://millionrounds.com/fund/ipgl)
- [*IC* ICONIQ Capital](https://millionrounds.com/fund/iconiq-capital-2)

## Segment by segment

### VC firms

185 investors

- [**Fidelity**](https://millionrounds.com/fund/fidelity) VC firm United States 27 backed
- [**Wellington Management**](https://millionrounds.com/fund/wellington-management) VC firm United States 23 backed
- [**Andreessen Horowitz**](https://millionrounds.com/fund/andreessen-horowitz) VC firm United States 20 backed
- [**Temasek Holdings**](https://millionrounds.com/fund/temasek) VC firm Singapore 17 backed
- [**Alumni Ventures**](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) VC firm United States 16 backed
- [**Founders Fund**](https://millionrounds.com/fund/founders-fund) VC firm United States 15 backed
- [**General Catalyst**](https://millionrounds.com/fund/general-catalyst) VC firm United States 14 backed
- [**Sequoia Capital**](https://millionrounds.com/fund/sequoia-capital) VC firm United States 13 backed

### Private equity and asset managers

47 investors

- [**Goldman Sachs**](https://millionrounds.com/fund/goldman-sachs) Private equity United States 14 backed
- [**Franklin Templeton**](https://millionrounds.com/fund/franklin-templeton) Private equity United States 11 backed
- [**T. Rowe Price**](https://millionrounds.com/fund/t-rowe-price) Private equity United States 10 backed
- [**TPG**](https://millionrounds.com/fund/tpg) Private equity United States 9 backed
- [**Janus Henderson Investors**](https://millionrounds.com/fund/janus-henderson-investors) Private equity United Kingdom 9 backed
- [**DST Global**](https://millionrounds.com/fund/dst-global) Private equity United Kingdom 8 backed
- [**RA Capital Management**](https://millionrounds.com/fund/ra-capital-management) Private equity United States 8 backed
- [**Baillie Gifford**](https://millionrounds.com/fund/baillie-gifford) Asset manager United Kingdom 7 backed

### Corporate investors

26 investors

- [**Salesforce Ventures**](https://millionrounds.com/fund/salesforce-ventures) Corporate investor United States 9 backed
- [**Google Ventures**](https://millionrounds.com/fund/gv) Corporate investor United States 9 backed
- [**SoftBank BB Corp**](https://millionrounds.com/fund/softbank) Corporate investor Japan 8 backed
- [**CapitalG**](https://millionrounds.com/fund/capitalg) Corporate investor Canada 5 backed
- [**Intel Capital**](https://millionrounds.com/fund/intel-capital) Corporate investor United States 4 backed
- [**Microsoft**](https://millionrounds.com/fund/microsoft) Corporate investor United States 4 backed
- [**Deutsche Bank**](https://millionrounds.com/fund/deutsche-bank) Corporate investor Germany 4 backed
- [**Cisco Investments**](https://millionrounds.com/fund/cisco-investments) Corporate investor United States 3 backed

### Growth funds

23 investors

- [**Citibank**](https://millionrounds.com/fund/citi) Growth fund United States 11 backed
- [*QB* **Qatar Ban**](https://millionrounds.com/fund/qatar-ban) Growth fund Qatar 8 backed
- [**MGX**](https://millionrounds.com/fund/mgx) Growth fund India 5 backed
- [**RTW Investments LLC**](https://millionrounds.com/fund/rtw-investments-lp) Growth fund United States 4 backed
- [*II* **IVP (Institutional Venture Partners)**](https://millionrounds.com/fund/ivp-institutional-venture-partners) Growth fund - 4 backed
- [**HSBC**](https://millionrounds.com/fund/hsbc) Growth fund United Kingdom 4 backed
- [**Bond**](https://millionrounds.com/fund/bond) Growth fund United States 4 backed
- [**Sakana AI**](https://millionrounds.com/fund/mufg) Growth fund Japan 4 backed

### Accelerators

5 investors

- [**Y Combinator**](https://millionrounds.com/fund/y-combinator) Accelerator United States 16 backed
- [**Plug and Play**](https://millionrounds.com/fund/plug-and-play) Accelerator United States 5 backed
- [**In-Q-Tel**](https://millionrounds.com/fund/iqt) Accelerator United States 3 backed
- [**Google**](https://millionrounds.com/fund/google-assistant-investments) Accelerator United States 2 backed
- [**Thrive Capital**](https://millionrounds.com/fund/thrive-capital) Accelerator United States 2 backed

### Angels and networks

5 investors

- [*5G* **500 Global**](https://millionrounds.com/fund/500-startups) Angel investor United States 5 backed
- [*JB* **Jeff Bezos**](https://millionrounds.com/fund/jeff-bezos) Angel investor United States 3 backed
- [*DC* **David Cohen**](https://millionrounds.com/fund/david-cohen) Angel investor United States 2 backed
- [*SB* **Scott Banister**](https://millionrounds.com/fund/scott-banister) Angel investor United States 2 backed
- [*JT* **John Thompson**](https://millionrounds.com/fund/john-thompson) Angel investor United States 2 backed

### Government funds

5 investors

- [**European Investment Bank**](https://millionrounds.com/fund/european-investment-bank) Government fund Luxembourg 8 backed
- [**Bpifrance**](https://millionrounds.com/fund/bpifrance) Government fund France 5 backed
- [**International Finance Corporation**](https://millionrounds.com/fund/international-finance-corporation-ifc) Government fund United States 3 backed
- [**Tesi**](https://millionrounds.com/fund/tesi) Government fund Finland 2 backed
- [**EIC Accelerator**](https://millionrounds.com/fund/eic-accelerator) Government fund European Union 2 backed

### Family offices

4 investors

- [**Thrive Capital**](https://millionrounds.com/fund/thrive-capital-2) Family office - 5 backed
- [**Hill House Capital**](https://millionrounds.com/fund/hill-house-capital) Family office Singapore 3 backed
- [**IPGL**](https://millionrounds.com/fund/ipgl) Family office United Kingdom 2 backed
- [*IC* **ICONIQ Capital**](https://millionrounds.com/fund/iconiq-capital-2) Family office United States 2 backed

**How this map is made.** Every investor here has backed two or more of the same startups as BlackRock, in rounds we track. Grouped by kind, each ranked by how many startups it shares with BlackRock. Rebuilt nightly; updated 15 November 2026.

## More portfolio maps

[All portfolios](https://millionrounds.com/portfolio-maps)

[Portfolio map **BlackRock portfolio map** 145 startups · $585B](https://millionrounds.com/portfolio-maps/blackrock-portfolio-map)[Sector portfolio **BlackRock's AI portfolio** 41 startups · $529B](https://millionrounds.com/portfolio-maps/blackrock-ai-portfolio)[Sector portfolio **BlackRock's Fintech portfolio** 25 startups · $17B](https://millionrounds.com/portfolio-maps/blackrock-fintech-portfolio)[Sector portfolio **BlackRock's Biotech portfolio** 19 startups · $4.2B](https://millionrounds.com/portfolio-maps/blackrock-biotech-portfolio)[Co-investors **Who invests with Perceptive Advisors** 116 co-investors](https://millionrounds.com/portfolio-maps/perceptive-advisors-co-investors)[Co-investors **Who invests with Blue Owl** 57 co-investors](https://millionrounds.com/portfolio-maps/blue-owl-co-investors)

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