Baron Capital is a New York-based investment management firm founded in 1982 by Ron Baron, focused on long-term growth equity investing in secular growth businesses with durable competitive advantages. The firm manages mutual funds, active ETFs, and institutional strategies across diversified sectors driven by broad demographic and societal trends.
They made 5 investments in the last 12 months. Average disclosed round size is $1946.9M (across 16 rounds with reported amounts).
Portfolio
16
Fund Size
—
Top Stage
Growth
Last 12 Mo
5
Team
AL
Adam Lieb
Executive DirectorResearch Analyst
BS
Brian Schmidt
Research Analyst
JB
Jose Barria
Executive DirectorResearch Analyst
JH
Joy He
Research Analyst
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
21 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| BBoring Company | Series D | — | Sep 2026 |
 The Boring Company | Series D | — | Sep 2026 |
 Skyryse | Series C | $300M | Feb 2026 |
 xAI | Series E | $20B | Jan 2026 |
| xAI | Growth | $3B | Jan 2026 |
 Swiggy | Growth | $700M | Jan 2022 |
 Northvolt | Growth | $2.8B | Jun 2021 |
 Resident | Growth | $130M | Jan 2021 |
 MaxCyte | Growth | — | Jan 2021 |
 Nectar Sleep | Growth | $130M | Jan 2021 |
 Taboola | Unknown | $285M | Jan 2021 |
 Archer | Seed | $60M | Jan 2021 |
 Zymergen | Unknown | $300M | Sep 2020 |
 Rivian | Growth | $2.5B | Jul 2020 |
| Northvolt | Growth | $600M | Jan 2020 |
| The Boring Company | Series D | $120M | Jul 2019 |
 Schrodinger | Series E | $110M | May 2019 |
| Taboola | Series B | $15M | Feb 2013 |
 Alias Robotics | Pre-Seed | — | — |
| xAI | Series F | — | — |
 SiMa.ai | Series C | $150M | — |
Top Co-Investors
Fidelity Investments7 shared
Andreessen Horowitz6 shared
Valor Equity Partners6 shared
Qatar Investment Authority5 shared
Sequoia Capital4 shared
StepStone Group4 shared
Baillie Gifford3 shared
Human Ventures3 shared
Vy Capital3 shared
MGX3 shared
Cisco Investments3 shared
NVIDIA Corporation3 shared
T. Rowe Price2 shared
ION Crossover Partners2 shared
Nexus Venture Partners2 shared
ArrowMark Partners2 shared
Volkswagen2 shared
Norrsken VC2 shared
Last updated: 20 October 2026