Many team members at Unicorn Nest are Ukrainians affected by Russian aggression. We do our best to solve any issues and answer your questions in the shortest possible time frames but some delays are possible.

T. Rowe Price

Founders Thomas Price Jr.

Overview

Investments

Unlock datapoints

Portfolio analytics

Team

News & Media

Add fund to favorites
info
Save this fund for later to form your own custom list of funds
This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.

Need help with fundraising?

We offer an assisted fundraising option for startups

Learn more
Total investments 363
Average round size
info
The average size of a deal this fund participated in
$284M
Portfolio companies 224
Rounds per year 4.17
Lead investments 57
Follow on index
info
How often the fund supports its portfolio startups at next rounds
0.38
Exits 89
Key employees 8
Stages of investment
Early Stage Venture
Late Stage Venture
Private Equity

Areas of investment

  • Biotechnology
  • Health Care
  • Software
  • Medical
  • SaaS
Summary

T. Rowe Price appeared to be the VC, which was created in 1937. The leading representative office of defined VC is situated in the Baltimore. The company was established in North America in United States.

Among the most successful fund investment fields, there are SaaS, Software. The fund has no specific favorite in a number of founders of portfolio startups. In case when startup counts 5+ of the founder, the chance for it to get the investment is meager. Besides, a startup requires to be at the age of 6-10 years to receive the investment from the fund. For fund there is a match between the country of its foundation and the country of its the most frequent investments - United States. Among the most popular portfolio startups of the fund, we may highlight WeWork, Snap, Airbnb.

Besides them, we counted 8 critical employees of this fund in our database.

The standard case for the fund is to invest in rounds with 6-7 partakers. Despite the T. Rowe Price, startups are often financed by Sutter Hill Ventures, Madrona Venture Group, General Catalyst. The meaningful sponsors for the fund in investment in the same round are Index Ventures, Venrock, Greylock Partners. In the next rounds fund is usually obtained by Tiger Global Management, Wellington Management, Kleiner Perkins.

Comparing to the other companies, this T. Rowe Price performs on 13 percentage points more the average number of lead investments. The typical startup value when the investment from T. Rowe Price is more than 1 billion dollars. The real fund results show that this VC is 18 percentage points more often commits exit comparing to other companies. The higher amount of exits for fund were in 2018. The usual things for fund are deals in the range of more than 100 millions dollars. The top activity for fund was in 2018. Despite it in 2019 the fund had an activity. The fund is generally included in 7-12 deals every year.

Read more

Related Funds

Funds investing in previous rounds
These funds often invest in the rounds preceeding the rounds of T. Rowe Price:
Typical Co-investors
T. Rowe Price is more likely to invest in rounds together with the following funds:
Funds investing in following rounds
These funds have a tendency to invest in the following rounds after T. Rowe Price:

Funds with similar focus

Funds from United States
Funds with similar focus located in United States:
Funds with the same geo focus
Funds with similar geography of portfolio companies:
Funds doing lead investments
Funds with similar focus acting as lead investors:

Look at other 50 related and similar funds Collapse list
Fund NameLocation
Amrest Finland, Minnesota, United States
Anhui Xinhua Media Anhui, China, Hefei
CBC Investment Group Gothenburg, Sweden, Vastra Gotaland
CFH Beteiligungen GmbH Germany, Sachsen, Saxony
Codeworks DEV -
Communication Ventures -
Fengchao Lianchuang Chengdu, China, Sichuan
Foundation Ventures Al Qahirah, Cairo, Egypt
Misgav Technology Center HaZafon, Israel, Misgav
Money Forward Chiyoda, Japan
Movendo Capital Missouri, Netherlands, United States
Network Finances France, Ile-de-France, Paris
PLDT Makati, Manila, Philippines
Rubicon Venture Capital California, San Francisco, United States
SunnyBridge Beijing, Beijing, China
Tenex Medical Investors Burlingame, California, United States
Xinye Huateng China, Guangdong, Shenzhen
YouWeCan China, Shanghai, Shanghai
Zhongke Zhanwang Beijing, Beijing, China

Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Sionna Therapeutics

Genetics
Health Care
Medical
Pharmaceutical
Therapeutics
$182M06 Mar 2024 Natick, Massachusetts, United States

Lambda

Artificial Intelligence
Blockchain
Cloud Computing
Hardware
Information Services
Information Technology
Machine Learning
Software
$320M15 Feb 2024 San Francisco, California, United States

ProfoundBio

Biotechnology
Therapeutics
$112M13 Feb 2024 Suzhou, Jiangsu, China

Lilac Solutions

Advanced Materials
Chemical
Energy Storage
Natural Resources
$145M12 Feb 2024 Rhode Island, United States

Odyssey Therapeutics

Biotechnology
Health Care
$101M05 Dec 2023 Cambridge, Massachusetts, United States

Generate Biomedicines

Biotechnology
$273M15 Sep 2023 Pennsylvania, United States

Sortera Alloys

Artificial Intelligence
Information Technology
Manufacturing
$30M30 Aug 2023 Fort Wayne, Indiana, United States

Rapport Therapeutics

Biotechnology
Health Care
Life Science
Medical
$150M23 Aug 2023 Boston, Massachusetts, United States

Genesis Therapeutics

Artificial Intelligence
Biotechnology
Information Technology
$200M21 Aug 2023 South San Francisco, California, United States
News
Lilac Solutions Announces $150 Million Series B to Scale Lithium Supply for the Electric Vehicle Era

– Lilac Solutions announced a $150m Series B financing round led by Lowercarbon Capital and funds and accounts advised by T. Rowe Price Associates.
– The round was also joined by Mercuria Energy Trading and Valor Equity Partners; existing investors Breakthrough Energy Ventures and The Engine also participated in the round.
– Lilac has developed a new ion exchange technology to increase production of lithium from brine resources.
– Lilac will use the new funds to ramp production of the company’s unique ion exchange beads, expand its teams of engineers and field operators, and deploy the technology globally.
– Most of the world’s lithium is contained in brine resources – naturally occurring deposits of salt water. These brines are abundant, but resource developers have struggled to bring projects into production due to a lack of cost-effective technology.

Canva Raises USD $200M in Funding; Valued at USD 40 Billion Valuation

– Canva – a global visual communications platform based in Sidney, Australia – raised USD $200m in a funding round which valued the company at USD $40b.
– The round was led by T. Rowe Price with participation from new and existing strategic investors Franklin Templeton, Sequoia Capital Global Equities, Bessemer Venture Partners, Greenoaks Capital, Dragoneer Investments, Blackbird, Felicis, and AirTree Ventures.
– The company intends to use the funds to accelerate growth, including expanding its team of more than 2,000 employees, which it is expected to double in the year ahead.

Review

  • No reviews are submitted yet.
Do you want more?
We provide dozens of additional datapoints about this fund.
Sign up and get access to full fund profile and advanced analysis.
Full team
Industries heatmap
Stages heatmap
Georgaphy breakdown
Coinvestors
Portfolio analysis
Performance indexes
Latest highlights
Unlock all data
Do you represent T. Rowe Price?
Get access to manage this page
Get in touch
Found incorrect info? Let us know!
Total investments 363
Average round size 284M
Rounds per year 4.17
Peak activity year 2021
Lead investments 57
Follow on index 0.38
Exits 89
Group Appearance index 0.97

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Sionna Therapeutics

Genetics
Health Care
Medical
Pharmaceutical
Therapeutics
$182M06 Mar 2024 Natick, Massachusetts, United States

Lambda

Artificial Intelligence
Blockchain
Cloud Computing
Hardware
Information Services
Information Technology
Machine Learning
Software
$320M15 Feb 2024 San Francisco, California, United States

ProfoundBio

Biotechnology
Therapeutics
$112M13 Feb 2024 Suzhou, Jiangsu, China

Lilac Solutions

Advanced Materials
Chemical
Energy Storage
Natural Resources
$145M12 Feb 2024 Rhode Island, United States

Odyssey Therapeutics

Biotechnology
Health Care
$101M05 Dec 2023 Cambridge, Massachusetts, United States

Generate Biomedicines

Biotechnology
$273M15 Sep 2023 Pennsylvania, United States

Sortera Alloys

Artificial Intelligence
Information Technology
Manufacturing
$30M30 Aug 2023 Fort Wayne, Indiana, United States

Rapport Therapeutics

Biotechnology
Health Care
Life Science
Medical
$150M23 Aug 2023 Boston, Massachusetts, United States

Genesis Therapeutics

Artificial Intelligence
Biotechnology
Information Technology
$200M21 Aug 2023 South San Francisco, California, United States
Crunchbase icon

Content report

The following text will be sent to our editors: