# Who Invests With Fidelity: 349 Co-Investors (2026)

> The 349 investors that have backed two or more of the same startups as Fidelity, by kind: vc firms, private equity and asset managers and growth funds.

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

## VC firms

197

- [Wellington Management](https://millionrounds.com/fund/wellington-management)
- [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz)
- [Tiger Global Management](https://millionrounds.com/fund/tiger-global-management)
- [ARCH Venture Partners](https://millionrounds.com/fund/arch-venture-partners)
- [Founders Fund](https://millionrounds.com/fund/founders-fund)
- [Coatue](https://millionrounds.com/fund/coatue-management)
- [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital)
- [General Catalyst](https://millionrounds.com/fund/general-catalyst)
- [Temasek Holdings](https://millionrounds.com/fund/temasek)
- [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates)
- [Casdin Capital](https://millionrounds.com/fund/casdin-capital)
- [Eight Roads Ventures](https://millionrounds.com/fund/eight-roads)
- [Valor Equity Partners](https://millionrounds.com/fund/valor-equity-partners)
- [Venrock](https://millionrounds.com/fund/venrock)
- [Benchmark](https://millionrounds.com/fund/benchmark)
- [Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners)
- [Insight Partners](https://millionrounds.com/fund/insight-venture-partners)
- [BoxGroup](https://millionrounds.com/fund/boxgroup)
- [Redmile Group](https://millionrounds.com/fund/redmile-group)
- [SV Angel](https://millionrounds.com/fund/sv-angel)
- [Kleiner Perkins](https://millionrounds.com/fund/kleiner-perkins)
- [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund)
- [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures)
- [Polaris Partners](https://millionrounds.com/fund/polaris-partners)

+173 more

## Private equity and asset managers

66

- [BlackRock](https://millionrounds.com/fund/blackrock)
- [T. Rowe Price](https://millionrounds.com/fund/t-rowe-price)
- [Franklin Templeton](https://millionrounds.com/fund/franklin-templeton)
- [Baillie Gifford](https://millionrounds.com/fund/baillie-gifford)
- [RA Capital Management](https://millionrounds.com/fund/ra-capital-management)
- [OrbiMed](https://millionrounds.com/fund/orbimed)
- [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs)
- [Janus Henderson Investors](https://millionrounds.com/fund/janus-henderson-investors)
- [Foresite Capital](https://millionrounds.com/fund/forsite-capital)
- [Perceptive Advisors](https://millionrounds.com/fund/perceptive-advisors)
- [EcoR1 Capital](https://millionrounds.com/fund/ecor1-capital)
- [TPG](https://millionrounds.com/fund/tpg)
- [Morgan Stanley Investment Management](https://millionrounds.com/fund/morgan-stanley-investment-management)
- [Dragoneer Investment](https://millionrounds.com/fund/dragoneer-investment-group)
- [Cormorant Asset Management](https://millionrounds.com/fund/cormorant-asset-management)
- [General Atlantic](https://millionrounds.com/fund/general-atlantic)
- [Invus](https://millionrounds.com/fund/invus)
- [Blue Owl](https://millionrounds.com/fund/blue-owl)
- [Sands Capital Ventures](https://millionrounds.com/fund/sands-capital-ventures)
- [*BC* Bain Capital Life Sciences](https://millionrounds.com/fund/bain-capital-life-sciences)
- [GIC](https://millionrounds.com/fund/gic)
- [Durable Capital Partners Lp](https://millionrounds.com/fund/durable-capital-partners)
- [Arch](https://millionrounds.com/fund/arch)
- [D1 Capital Partners](https://millionrounds.com/fund/d1-capital-partners)

+42 more

## Growth funds

28

- [*QB* Qatar Ban](https://millionrounds.com/fund/qatar-ban)
- [Fidelity Management and Research Company](https://millionrounds.com/fund/fidelity-management-and-research-company)
- [RTW Investments LLC](https://millionrounds.com/fund/rtw-investments-lp)
- [Citibank](https://millionrounds.com/fund/citi)
- [Bond](https://millionrounds.com/fund/bond)
- [MGX](https://millionrounds.com/fund/mgx)
- [*T* Tiger](https://millionrounds.com/fund/tiger)
- [WCM Investment Management](https://millionrounds.com/fund/wcm-investment-management)
- [*AP* Advance Publications](https://millionrounds.com/fund/advance-publications)
- [SharesPost Investment Management](https://millionrounds.com/fund/sharespost-investment-management)
- [Partner Fund Management (PFM)](https://millionrounds.com/fund/partner-fund-management-pfm)
- [Alibaba](https://millionrounds.com/fund/alibaba)
- [*II* IVP (Institutional Venture Partners)](https://millionrounds.com/fund/ivp-institutional-venture-partners)
- [HSBC](https://millionrounds.com/fund/hsbc)
- [Machine Shop Ventures](https://millionrounds.com/fund/machine-shop-ventures)
- [Goldbell Group](https://millionrounds.com/fund/polaris)
- [D. E. Shaw Ventures](https://millionrounds.com/fund/d-e-shaw-ventures)
- [Goldman Sachs Alternatives](https://millionrounds.com/fund/goldman-sachs-alternatives)
- [*JS* Jane Street](https://millionrounds.com/fund/jane-street)
- [• Ark Invest](https://millionrounds.com/fund/ark-invest)
- [J.P. Morgan Asset Management](https://millionrounds.com/fund/j-p-morgan-asset-management)
- [AB Capital](https://millionrounds.com/fund/ab-capital)
- [*CI* CPP Investments](https://millionrounds.com/fund/cpp-investments)
- [*MC* Microsoft Corporation - Strategic Investments](https://millionrounds.com/fund/microsoft-corporation-strategic-investments)

+4 more

## Corporate investors

27

- [Google Ventures](https://millionrounds.com/fund/gv)
- [Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures)
- [CapitalG](https://millionrounds.com/fund/capitalg)
- [SoftBank BB Corp](https://millionrounds.com/fund/softbank)
- [Microsoft](https://millionrounds.com/fund/microsoft)
- [SE Ventures](https://millionrounds.com/fund/se-ventures)
- [Endeavor Catalyst](https://millionrounds.com/fund/endeavor-catalyst)
- [Lockheed Martin](https://millionrounds.com/fund/lockheed-martin-ventures)
- [Sanofi Ventures](https://millionrounds.com/fund/sanofi-ventures)
- [Rakuten Capital](https://millionrounds.com/fund/rakuten-capital)
- [Qualcomm Ventures](https://millionrounds.com/fund/qualcomm-ventures)
- [NVentures](https://millionrounds.com/fund/nventures)
- [Eli Lilly](https://millionrounds.com/fund/eli-lilly)
- [M12](https://millionrounds.com/fund/m12)
- [Bosch Ventures](https://millionrounds.com/fund/bosch-ventures)
- [Wells Fargo](https://millionrounds.com/fund/wells-fargo-bank-office)
- [Rakuten](https://millionrounds.com/fund/rakuten)
- [Cisco Investments](https://millionrounds.com/fund/cisco-investments)
- [Dell Technologies Capital](https://millionrounds.com/fund/dell-technologies-capital)
- [Access Industries](https://millionrounds.com/fund/access-industries)
- [Merck Global Health Innovation Fund](https://millionrounds.com/fund/merck-global-health-innovation-fund)
- [Condé Nast](https://millionrounds.com/fund/conde-nast)
- [Mubadala Ventures](https://millionrounds.com/fund/mubadala-capital)
- [Intel Capital](https://millionrounds.com/fund/intel-capital)

+3 more

## Angels and networks

18

- [*5G* 500 Global](https://millionrounds.com/fund/500-startups)
- [*JL* Jared Leto](https://millionrounds.com/fund/jared-leto)
- [*JB* Jeff Bezos](https://millionrounds.com/fund/jeff-bezos)
- [*RC* Ron Conway](https://millionrounds.com/fund/ron-conway)
- [*JS* Jeremy Stoppelman](https://millionrounds.com/fund/jeremy-stoppelman)
- [*PB* Paul Buchheit](https://millionrounds.com/fund/paul-buchheit)
- [*KS* Kevin Systrom](https://millionrounds.com/fund/kevin-systrom)
- [*EW* Evan Williams](https://millionrounds.com/fund/evan-williams)
- [*NB* Nicolas Berggruen](https://millionrounds.com/fund/nicolas-berggruen)
- [*DR* Dan Rose](https://millionrounds.com/fund/dan-rose)
- [Robin Hood Ventures](https://millionrounds.com/fund/robin-hood-ventures)
- [*JS* Josh Spear](https://millionrounds.com/fund/josh-spear)
- [*PT* Peter Thiel](https://millionrounds.com/fund/peter-thiel)
- [*SA* Sam Altman](https://millionrounds.com/fund/sam-altman)
- [*NT* Nat Turner](https://millionrounds.com/fund/nat-turner)
- [*ZW* Zach Weinberg](https://millionrounds.com/fund/zach-weinberg)
- [*DC* David Cohen](https://millionrounds.com/fund/david-cohen)
- [*PC* Paige Craig](https://millionrounds.com/fund/paige-craig)

## Family offices

8

- [Thrive Capital](https://millionrounds.com/fund/thrive-capital-2)
- [Hill House Capital](https://millionrounds.com/fund/hill-house-capital)
- [Bezos Expeditions](https://millionrounds.com/fund/bezos-expeditions)
- [Real Ventures](https://millionrounds.com/fund/real-ventures-2)
- [Capricorn Investment](https://millionrounds.com/fund/capricorn-investment-group)
- [Valley Oak Investments](https://millionrounds.com/fund/valley-oak-investments)
- [*TC* Tao Capital Partners](https://millionrounds.com/fund/tao-capital-partners)
- [*IC* ICONIQ Capital](https://millionrounds.com/fund/iconiq-capital-2)

## Accelerators

5

- [Y Combinator](https://millionrounds.com/fund/y-combinator)
- [Google](https://millionrounds.com/fund/google-assistant-investments)
- [Thrive Capital](https://millionrounds.com/fund/thrive-capital)
- [Flagship Ventures](https://millionrounds.com/fund/flagship-ventures)
- [Obvious Ventures](https://millionrounds.com/fund/obvious-ventures)

## Segment by segment

### VC firms

197 investors

- [**Wellington Management**](https://millionrounds.com/fund/wellington-management) VC firm United States 34 backed
- [**Andreessen Horowitz**](https://millionrounds.com/fund/andreessen-horowitz) VC firm United States 25 backed
- [**Tiger Global Management**](https://millionrounds.com/fund/tiger-global-management) VC firm United States 19 backed
- [**ARCH Venture Partners**](https://millionrounds.com/fund/arch-venture-partners) VC firm United States 18 backed
- [**Founders Fund**](https://millionrounds.com/fund/founders-fund) VC firm United States 18 backed
- [**Coatue**](https://millionrounds.com/fund/coatue-management) VC firm United States 18 backed
- [**Sequoia Capital**](https://millionrounds.com/fund/sequoia-capital) VC firm United States 16 backed
- [**General Catalyst**](https://millionrounds.com/fund/general-catalyst) VC firm United States 15 backed

### Private equity and asset managers

66 investors

- [**BlackRock**](https://millionrounds.com/fund/blackrock) Asset manager United States 27 backed
- [**T. Rowe Price**](https://millionrounds.com/fund/t-rowe-price) Private equity United States 25 backed
- [**Franklin Templeton**](https://millionrounds.com/fund/franklin-templeton) Private equity United States 17 backed
- [**Baillie Gifford**](https://millionrounds.com/fund/baillie-gifford) Asset manager United Kingdom 16 backed
- [**RA Capital Management**](https://millionrounds.com/fund/ra-capital-management) Private equity United States 16 backed
- [**OrbiMed**](https://millionrounds.com/fund/orbimed) Private equity United States 15 backed
- [**Goldman Sachs**](https://millionrounds.com/fund/goldman-sachs) Private equity United States 15 backed
- [**Janus Henderson Investors**](https://millionrounds.com/fund/janus-henderson-investors) Private equity United Kingdom 12 backed

### Growth funds

28 investors

- [*QB* **Qatar Ban**](https://millionrounds.com/fund/qatar-ban) Growth fund Qatar 7 backed
- [**Fidelity Management and Research Company**](https://millionrounds.com/fund/fidelity-management-and-research-company) Growth fund United States 5 backed
- [**RTW Investments LLC**](https://millionrounds.com/fund/rtw-investments-lp) Growth fund United States 5 backed
- [**Citibank**](https://millionrounds.com/fund/citi) Growth fund United States 5 backed
- [**Bond**](https://millionrounds.com/fund/bond) Growth fund United States 4 backed
- [**MGX**](https://millionrounds.com/fund/mgx) Growth fund India 4 backed
- [*T* **Tiger**](https://millionrounds.com/fund/tiger) Growth fund - 3 backed
- [**WCM Investment Management**](https://millionrounds.com/fund/wcm-investment-management) Growth fund United States 3 backed

### Corporate investors

27 investors

- [**Google Ventures**](https://millionrounds.com/fund/gv) Corporate investor United States 19 backed
- [**Salesforce Ventures**](https://millionrounds.com/fund/salesforce-ventures) Corporate investor United States 8 backed
- [**CapitalG**](https://millionrounds.com/fund/capitalg) Corporate investor Canada 6 backed
- [**SoftBank BB Corp**](https://millionrounds.com/fund/softbank) Corporate investor Japan 6 backed
- [**Microsoft**](https://millionrounds.com/fund/microsoft) Corporate investor United States 5 backed
- [**SE Ventures**](https://millionrounds.com/fund/se-ventures) Corporate investor United States 4 backed
- [**Endeavor Catalyst**](https://millionrounds.com/fund/endeavor-catalyst) Corporate investor United States 3 backed
- [**Lockheed Martin**](https://millionrounds.com/fund/lockheed-martin-ventures) Corporate investor United States 3 backed

### Angels and networks

18 investors

- [*5G* **500 Global**](https://millionrounds.com/fund/500-startups) Angel investor United States 5 backed
- [*JL* **Jared Leto**](https://millionrounds.com/fund/jared-leto) Angel investor United States 3 backed
- [*JB* **Jeff Bezos**](https://millionrounds.com/fund/jeff-bezos) Angel investor United States 3 backed
- [*RC* **Ron Conway**](https://millionrounds.com/fund/ron-conway) Angel investor - 3 backed
- [*JS* **Jeremy Stoppelman**](https://millionrounds.com/fund/jeremy-stoppelman) Angel investor United States 3 backed
- [*PB* **Paul Buchheit**](https://millionrounds.com/fund/paul-buchheit) Angel investor United States 3 backed
- [*KS* **Kevin Systrom**](https://millionrounds.com/fund/kevin-systrom) Angel investor United States 2 backed
- [*EW* **Evan Williams**](https://millionrounds.com/fund/evan-williams) Angel investor - 2 backed

### Family offices

8 investors

- [**Thrive Capital**](https://millionrounds.com/fund/thrive-capital-2) Family office - 6 backed
- [**Hill House Capital**](https://millionrounds.com/fund/hill-house-capital) Family office Singapore 4 backed
- [**Bezos Expeditions**](https://millionrounds.com/fund/bezos-expeditions) Family office United States 3 backed
- [**Real Ventures**](https://millionrounds.com/fund/real-ventures-2) Family office Brazil 3 backed
- [**Capricorn Investment**](https://millionrounds.com/fund/capricorn-investment-group) Family office United States 3 backed
- [**Valley Oak Investments**](https://millionrounds.com/fund/valley-oak-investments) Family office United States 2 backed
- [*TC* **Tao Capital Partners**](https://millionrounds.com/fund/tao-capital-partners) Family office United States 2 backed
- [*IC* **ICONIQ Capital**](https://millionrounds.com/fund/iconiq-capital-2) Family office United States 2 backed

### Accelerators

5 investors

- [**Y Combinator**](https://millionrounds.com/fund/y-combinator) Accelerator United States 11 backed
- [**Google**](https://millionrounds.com/fund/google-assistant-investments) Accelerator United States 7 backed
- [**Thrive Capital**](https://millionrounds.com/fund/thrive-capital) Accelerator United States 6 backed
- [**Flagship Ventures**](https://millionrounds.com/fund/flagship-ventures) Accelerator - 2 backed
- [**Obvious Ventures**](https://millionrounds.com/fund/obvious-ventures) Accelerator United States 2 backed

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

## More portfolio maps

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

[Portfolio map **Fidelity portfolio map** 196 startups · $618B](https://millionrounds.com/portfolio-maps/fidelity-portfolio-map)[Sector portfolio **Fidelity's Biotech portfolio** 72 startups · $15B](https://millionrounds.com/portfolio-maps/fidelity-biotech-portfolio)[Sector portfolio **Fidelity's AI portfolio** 44 startups · $522B](https://millionrounds.com/portfolio-maps/fidelity-ai-portfolio)[Sector portfolio **Fidelity's Fintech portfolio** 20 startups · $10B](https://millionrounds.com/portfolio-maps/fidelity-fintech-portfolio)[Sector portfolio **Fidelity's Healthtech portfolio** 10 startups · $7.0B](https://millionrounds.com/portfolio-maps/fidelity-healthtech-portfolio)[Co-investors **Who invests with Techstars** 991 co-investors](https://millionrounds.com/portfolio-maps/techstars-co-investors)

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