Franklin Templeton

Private Equity

Global investment management firm with over $1.5 trillion in assets under management.

Profile

Headquarters
San Mateo, US
Investments
30
Companies
19

Capital

Total Deployed
$9.3B
Lead Rounds
6

Portfolio

19 companies
Databricks $20.0B
Private San Francisco, US

Data and AI company that provides a unified analytics platform built on Apache Spark, enabling data engineering, data science, and machine learning at scale.

Plaid $1.3B
Private San Francisco, US

Fintech infrastructure company that builds data connectivity tools to power the apps in people's financial lives, providing APIs to connect applications with users' bank accounts.

Applied Intuition $1.2B
Private Mountain View, United States

Applied Intuition is a vehicle software supplier that builds simulation, validation, and development tools for autonomous driving and ADAS. The company serves 18 of the top 20 global automakers and has expanded from pure simulation into a full autonomy stack, incorporating generative AI capabilities for automotive, trucking, mining, agriculture, and defense industries.

Canva $1.1B
Private Sydney, AU

Online graphic design platform that makes design accessible to everyone, offering an intuitive drag-and-drop editor with AI-powered Magic Studio tools used over 5 billion times.

Discord $995M
Private San Francisco, US

Communication platform for communities and friends, offering voice, video, and text chat used by hundreds of millions of people worldwide.

Lime $947M
Private San Francisco, United States

Lime is the world's largest shared electric vehicle company, providing electric scooter, e-bike, and e-moped rentals in over 280 cities across nearly 30 countries. The company reported $686 million in revenue for 2024 and has been free cash flow positive for two consecutive years.

SpotOn $895M
Private San Francisco, United States

SpotOn is a software and payments platform for restaurants and small businesses, offering point-of-sale systems, online ordering, marketing tools, and workforce management. Founded by twin brothers Matt and Zach Hyman, the company serves as an all-in-one operating system that helps merchants run and grow their businesses.

Candid Therapeutics $875M
Private San Diego, California, United States

Candid Therapeutics is a clinical-stage biotechnology company developing novel T-cell engager antibodies to treat autoimmune and inflammatory diseases. The company's platform redirects T-cells to selectively eliminate autoreactive B-cells, with clinical programs spanning five autoimmune indications. Founded by Ken Song after his $4.1B sale of RayzeBio to Bristol Myers Squibb.

Figma $749M
Public San Francisco, US

Collaborative interface design tool that runs in the browser, enabling real-time multiplayer editing for design teams.

Gusto $706M
Private San Francisco, US

Cloud-based payroll, benefits, and HR platform for small and medium businesses, serving over 400,000 companies. Originally launched as ZenPayroll in 2012 before rebranding to Gusto in 2015.

Checkr $679M
Private San Francisco, US

AI-powered background check platform that modernizes the hiring process for companies of all sizes, serving over 100,000 customers including Uber, DoorDash, and Instacart.

Vestwell $623M
Private New York, US

Digital savings and investment infrastructure platform that powers workplace retirement plans, state-sponsored savings programs, and other savings vehicles for financial institutions, employers, and governments. Serves over 500,000 businesses and more than 2 million active savers with $50B+ in assets administered.

Illumio $558M
Private Sunnyvale, United States

Illumio is a cybersecurity company that provides zero trust segmentation solutions to prevent breaches from spreading across data centers, cloud environments, and endpoints. The platform uses real-time visibility and automated policy enforcement to contain attacks, serving more than 20% of the Fortune 100.

GOAT Group $493M
Private Culver City, US

Global managed marketplace for authentic sneakers, apparel, and accessories. Operates four brands: GOAT, Flight Club, Grailed, and alias. Features a ship-to-verify authentication model ensuring product legitimacy, serving over 50 million members across 170 countries.

GitLab $434M
Public San Francisco, US

Open-core DevSecOps platform delivered as a single application for the entire software development lifecycle, from planning and source code management to CI/CD, security, and monitoring.

Benchling $412M
Private San Francisco, US

Benchling is a cloud-based life sciences R&D platform that helps biotech and pharmaceutical companies manage experiments, track data, and accelerate research and development. The platform replaces physical lab notebooks and spreadsheets with collaborative, AI-ready digital tools used by over 1,200 customers worldwide.

Aptos Labs $350M
Private Palo Alto, United States

Layer 1 blockchain company building the Aptos network, designed for safety, scalability, and mainstream Web3 adoption. Uses the Move programming language originally developed for Meta's discontinued Diem stablecoin project. Features a parallel execution engine (Block-STM) for high throughput. Founded by two former Meta engineers who led key aspects of the Diem blockchain.

Rigetti Computing $155M
Public Berkeley, US

Rigetti Computing is a full-stack quantum computing company that designs and fabricates superconducting quantum processors, integrates them into quantum computers, and delivers access through its Quantum Cloud Services platform. The company operates the world's first dedicated quantum chip foundry.

t54 Labs $5M
Private San Francisco, US

Trust and verification infrastructure platform for AI agents in the autonomous economy. Provides identity verification ('know your agent'), real-time risk systems, credit lines for AI agents, and integrated settlement. Built on XRP Ledger, Solana, and Base networks as a trust layer for agentic finance.

Investment data is compiled from multiple independent sources including company announcements, press coverage, and regulatory filings. While we strive for accuracy, amounts and dates may reflect reported figures at time of announcement.