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Investor profile

Flagship Pioneering

Venture capital firm · Founded 2000 · Active in 2026

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19 Power Law outcomes Power Law Ranking #314 · Global · 19 Power Law outcomes · Active 2026
Unicorns ↑ 8% 5y
14
Decacorns ↓ 50% 5y
1
Thoroughbreds ↑ 20% 5y
12

Flagship Pioneering is a venture capital firm based in USA, founded in 2000. The page below shows 19 Power Law outcomes from Flagship Pioneering's portfolio — 14 unicorns ($1B+ valuation) and 3 additional thoroughbreds (companies that crossed $100M+ in revenue without yet reaching $1B+ valuation).

Outcomes are concentrated in Biotech & Life Sciences · Food · eCommerce & Marketplaces; top portfolio geographies are USA. Flagship Pioneering ranks #314 in Global in the 2026 Dealroom Power Law Investor Ranking by cross-stage outcomes.

Portfolio analysis

The 19 Flagship Pioneering Power Law outcomes ($100M+ revenue or $1B+ valuation).

Snapshot of where the outcomes are concentrated by country, sector, and stage entered.

By countryCount
  1. USA19
By sectorCount
  1. Biotech & Life Sciences17
  2. Food1
  3. eCommerce & Marketplaces1
By stage enteredCount
  1. Series B+5
  2. Series A10
  3. Seed4
01 · Portfolio market map

Flagship Pioneering's 19 Power Law outcomes.

Stage entered
Outcome tier
Region
Group by
19 of 19 Power Law outcomes
02 · Founder talent

Where Flagship Pioneering's founders come from — and where they study.

78 founders across the 19 Power Law outcomes — split by country of origin, university attended, and the company they worked at before founding. Massachusetts Institute of Technology and Tessera Therapeutics are the deepest single pipelines.

LocationCount
United States56
Lebanon10
Germany3
Netherlands3
United Kingdom2
China2
Armenia1
Canada1
View on app →
UniversityCount
Massachusetts Institute of Technology17
McGill University5
University of California, San Diego5
MIT Sloan School of Management4
Harvard University4
Utrecht University2
Stanford University2
Washington University School Of Medicine2
Truman State University2
Washington University in St. Louis2
+17 more →
Origin companyCount
Tessera Therapeutics3
Moderna Therapeutics2
Seres Therapeutics2
Generate Biomedicines2
Indigo2
Sana Biotechnology2
Inari2
Alphabet | Google1
Cadre1
Insureon1
+8 more →
Origin = country a founder is born in or grew up in (founders may have multiple origins; counts include all entries). University = highest-listed degree. Origin company = a previous employer where the founder was tagged before starting their current company.
03 · Key people

Key people at Flagship Pioneering.

Senior investment team at Flagship Pioneering has not been published on this profile yet.
Suggest the partner roster →
04 · Compare with peers

How does Flagship Pioneering stack up?

Flagship Pioneering in orange, your selection in blue and other colours. Pick from the global roster of 35 peer investors — scope by startup location or hit "Find similar shapes" to auto-pick the three closest. The funnel matrix mirrors the spider chart on the ranking page; the line chart shows each firm's share of unicorns minted in the selected startup location — peaks reveal vintage years.

Compare against

Share of new unicorns per year

% of global unicorns minted that year, year by year · hover the chart to see which unicorns

Stage focus

Companies by entry stage and outcome tier

Sector focus

Companies per investor across the 10 highest-volume sectors
Source: Dealroom Power Law dataset. Investors shown are the 2026 Power Law top 35 by combined entry-to-outcome score, drawn from the overview and locations_data sheets. Funnel-matrix axes rescale per-axis using the maximum among the currently selected investors, so the polygons always fill the chart for shape comparison.

Sentiment on X

What X is saying about Flagship Pioneering

An AI-synthesized read of the highest-engagement posts about Flagship Pioneering on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

In the news

Latest news about Flagship Pioneering

Recent press, funding announcements, and portfolio moves mentioning Flagship Pioneering — pulled live from Dealroom's news feed.

See all news

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