Coatue Management

Quick read

Coatue Management is a crossover technology investment firm founded in 1999 by Philippe Laffont, headquartered in New York. It runs ~$70B AUM across public equity, venture, growth, and structured capital, using public-market insights to inform private bets and vice versa. Portfolio highlights include Anthropic, OpenAI, Databricks, Anduril, and Ramp.

Key facts

Founded

1999

Founders

Philippe Laffont, Thomas Laffont

Employees

110

Sectors

generalist, ai, fintech

Website

www.coatue.com

Investment thesis

Coatue backs technology companies across all stages — seed through public markets — using proprietary data and AI-powered research tools to move between private and public positions as companies mature. The firm concentrates on sectors where AI, infrastructure, and capital markets are converging, with particular conviction in AI infrastructure, fintech, and enterprise software.

Recent activity

• May 2026press
  Published May 2026 Public Markets Update covering the token economy, AI sector reshaping, and the rise of AI agents; sector head Nick Gagnet highlighted memory demand potentially 5x-ing over five years. x.com
• May 2026product
  Launched 'Next Frontier Venture' to acquire land for data centers, potentially in support of Anthropic. tracxn.com
• May 2026investment
  Led a Series F round in Kalshi alongside Sequoia Capital and Andreessen Horowitz. tracxn.com
• Mar 2026investment
  Co-led Anthropic's $30B Series (alongside GIC) at a valuation of ~$300B+, one of the largest private funding rounds on record. x.com
• May 2025fundraise
  Launched Coatue Innovation Fund (CTEK), a semi-public vehicle with a $50,000 minimum, anchored by $1B from Jeff Bezos and Michael Dell family offices, distributed via UBS wealth management. everythingstartups.com
• Jan 2026investment
  Co-led a new OpenAI financing round alongside GIC, following OpenAI's $13B round in September 2025 at a $183B valuation. x.com
• Dec 2025press
  Nick Gagnet, Coatue sector head, named to Forbes 30 Under 30 in Finance 2026. x.com

Notable investments

• KalshiSeries FMay 2026tracxn.com
• SycamoreUndisclosedMar 2026tracxn.com
• AnthropicSeries (lead, $30B round)Mar 2026x.com
• OpenAILate-stageJan 2026x.com
• Together AIUndisclosed2025linkedin.com
• RampUndisclosedUndisclosedx.com
• DatabricksUndisclosedUndisclosedx.com
• AndurilUndisclosedUndisclosedx.com

Key people

Named individuals at the firm. We don't expose direct email or phone — use their LinkedIn for outreach.

• Philippe Laffont · Founder & CEO
  LinkedIn
• Thomas Laffont · Co-Founder
• Jaimin Rangwalla · CIO, Public Investments / Senior Managing Director
• Jade Lai · General Partner
  LinkedIn
• Caryn Marooney · General Partner
  LinkedIn
• Nick Gagnet · Sector Head
• Dan Rose · Chairman of Coatue Ventures
• Michael Gilroy · General Partner
• David Cahn · Partner

Sources

• Coatue Homepage
• Coatue Innovation Fund Launch
• Coatue - Tracxn Profile 2026
• Coatue May 2026 Public Markets Update
• Thomas Laffont on Anthropic & $70B AUM
• Coatue co-leads OpenAI financing with GIC
• Philippe Laffont - Forbes Profile
• Coatue VC Fund Breakdown

Other VCs in United States

• Sequoia Capital · Generalist VC, Menlo Park·
• Andreessen Horowitz · Generalist VC, Menlo Park·
• Benchmark Capital · Early-stage VC, San Francisco·
• Founders Fund · Contrarian VC, San Francisco·
• Khosla Ventures · Multi-stage VC, Menlo Park·
• Greylock Partners · Early-stage VC, Menlo Park

Explore VCs by sector

• Generalist in United States
• AI in United States
• Fintech in United States

Globally

• Generalist worldwide
• AI worldwide
• Fintech worldwide

Frequently asked