Fidelity Investments

Fidelity Investments is an investor in Waymo, xAI, CoreWeave, and 18 other private companies tracked on More Capital.

Portfolio
21 companies
Tracked Valuation
$361B
Companies Valued
20 of 21
Top Sectors
Semiconductors & Hardware, Enterprise Software, Artificial Intelligence

Investment focus

Fidelity Investments's portfolio on More Capital spans semiconductors & hardware, enterprise software, artificial intelligence, consumer & social. Of the 21 portfolio companies tracked here, 20 have publicly reported valuations totaling approximately $361B.

If your company is backed by Fidelity Investments

Employees at companies backed by Fidelity Investments may encounter this fund's name on their cap table, in board communications, or in funding announcements. Understanding who invests in your employer can provide useful context when evaluating your equity.

What this means for your stock

Institutional investors like Fidelity Investments typically hold preferred shares with rights that differ from the common stock or options held by employees. In a liquidity event, preferred shareholders may have liquidation preferences, anti-dilution protections, or board-level governance rights that affect the value of common equity. The specific terms depend on each company's funding agreements.

Secondary market considerations

Some venture-backed companies allow employees to sell shares on secondary markets, while others restrict transfers. Whether your company permits secondary sales, and under what conditions, is typically governed by the company's equity plan and any applicable right-of-first-refusal provisions — not by the fund itself. However, the presence of institutional investors can sometimes signal the maturity and governance structure of the company.

Work at a Fidelity Investments-backed company?

Get personalized guidance on your equity — including valuation context, exercise planning, and liquidity options for employees at Fidelity Investments portfolio companies.

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Fidelity Investments portfolio companies

21 companies tracked on More Capital, sorted by reported valuation. 1 companies do not have a publicly reported valuation.

Top holdings by valuation

By sector

Semiconductors & Hardware (4)

Enterprise Software (3)

Artificial Intelligence (2)

E-Commerce & Retail (2)

Consumer & Social (2)

HR & Workforce (2)

Aerospace & Defense (2)

Transportation & Logistics (1)

Blockchain & Web3 (1)

Clean Energy & Climate (1)

Data & Analytics (1)

Industries invested in

Frequent co-investors

Funds that most frequently co-invest alongside Fidelity Investments in the same companies.

Last verified: 2026-04-01

Portfolio data compiled from public filings, press releases, and industry databases. Valuations are reported figures and may not reflect current market conditions. Not investment advice. Consult a qualified advisor before making financial decisions.