When was Public Investment Fund founded?

Public Investment Fund was founded in 1971.

Where is Public Investment Fund's headquarters located?

Public Investment Fund's headquarters is located in Riyadh (Saudi Arabia).

How many companies has Public Investment Fund invested in?

Public Investment Fund has invested in 136 companies, including Uber & Facebook.

Which companies has Public Investment Fund invested in lately?

Masdar & Hone Health are the latest investments by Public Investment Fund.

What sectors does Public Investment Fund focus on for investments?

Top sectors in Public Investment Fund's portfolio are High Tech (5 investments) and Retail (6 investments).

How many exits has Public Investment Fund been involved in?

Public Investment Fund's portfolio has seen 46 IPOs and 11 acquisitions.

How many unicorns are there in Public Investment Fund's portfolio?

There are 3 unicorns in Public Investment Fund's portfolio.

Public Investment Fund - 2026 Investor Profile, Portfolio, Team & Investment Trends

Q: How big is Public Investment Fund's investment team?

Public Investment Fund has a team of 35.

1. Uber

Network providing on-demand transportation, delivery, and business management solutions. It facilitates ride requests and connects individuals with transportation providers. Additionally, it offers delivery services for food and other goods. The network extends to business solutions, providing tools for managing rides, meals, and local deliveries for organizations.

Key facts about Uber

Founded Year: 2009
Location: San Francisco (United States)
Annual Revenue: $1B+ as on Dec 31, 2025
Stage: Public
Total Funding till date: $13.2B
Employee Count: 164,796 as on Jul 31, 2026
Investors: TrueBridge, InvestX and 191 Others
Latest Funding Round: Post IPO, Dec 19, 2020, $*****
Highlight: Public

2. Facebook

Operator of a social networking service facilitating connection and communication. Its services allows users to connect with friends, family, and other individuals. It provides tools for sharing updates, photos, and videos. The platform also offers features for creating and joining groups, following interests, and discovering content.

Key facts about Facebook

Founded Year: 2004
Location: Menlo Park (United States)
Annual Revenue: $1B+ as on Dec 31, 2025
Stage: Public
Total Funding till date: $2.27B
Employee Count: 26,594 as on May 31, 2026
Investors: Sprout Capital Partners, Meritech and 120 Others
Latest Funding Round: Grant (prize money), Jan 15, 2017, $*****
Highlight: Public

3. Airwallex

Provider of financial infrastructure for processing payments and managing treasury. This platform enables businesses to accept payments, issue corporate cards, and manage expenses through integrated software. It facilitates currency conversion, international fund transfers, and automated billing processes. The system provides application programming interfaces for embedding financial services into other software products. It supports account management, payout distribution, and reconciliation workflows for commercial operations.

Key facts about Airwallex

Founded Year: 2015
Location: San Francisco (United States)
Valuation: $*****
Stage: Series H
Total Funding till date: $1.9B
Employee Count: 2,835 as on Jul 31, 2026
Investors: T. Rowe Price, Baillie Gifford and 51 Others
Latest Funding Round: Series H, Jun 25, 2026, $*****
Highlight: Editors' Pick

4. Google

Provider of internet search, digital advertising, cloud computing and other more services to individuals and businesses. Its primary service is web search, but its business extends far beyond that into digital advertising platforms, cloud computing infrastructure (Google Cloud), and artificial intelligence systems. It also provides widely used consumer applications such as Gmail (email service), Google Maps (navigation and geospatial services), Google Drive (cloud storage), and YouTube (video platform). In addition, Google develops the Android operating system, which powers most of the world’s mobile devices.

Key facts about Google

Founded Year: 1998
Location: Mountain View (United States)
Annual Revenue: $1B+ as on Dec 31, 2024
Stage: Series A
Total Funding till date: $35M
Employee Count: 337,774 as on Mar 31, 2026
Investors: Western Technology Investment, Greyrock Investments and 33 Others
Latest Funding Round: Post IPO, Jun 18, 2010, $*****

5. Microsoft

Developer of computer software hardware gaming consoles and cloud services. Offerings include operating systems, productivity applications, and integrated development environments for personal and professional computing. Hardware products consist of portable and desktop computers along with home entertainment gaming consoles. Cloud infrastructure provides storage, computing power, and artificial intelligence tools for business and individual use. Additional services include digital marketplaces for software distribution and subscription-based access to gaming libraries.

Key facts about Microsoft

Founded Year: 1975
Location: Redmond (United States)
Annual Revenue: $1B+ as on Jun 30, 2025
Stage: Public
Employee Count: 231,632 as on May 31, 2026
Investors: Greyrock Investments, equitywestsecurities.com and 48 Others
Latest Funding Round: Grant (prize money), Apr 01, 2022, $*****
Highlight: Public

View the full list of portfolio companies

Public Investment Fund has invested in 145 companies over the last 10 years, with an average of 4 new investments annually in the last 10 years. In 2025, it made 3 investments. Its most recent first time investment was in Masdar and most recent follow-on round was in Magic Leap.

Here are Public Investment Fund's Year-on-Year Investment Trends:

Year	No. of Investments
Year	1^st Round	Follow-on	Total
2026 (YTD)	0	0	0
2025	3	0	3
2024	1	2	3
2023	8	1	9
2022	11	1	12
2021	3	0	3
2020	4	1	5
2019	2	0	2
2018	5	0	5

View all investments by Public Investment Fund

Public Investment Fund has made 12 investments in Post IPO stage with an average round size of $20.5B, 7 investments in Series D stage with an average round size of $701M and 5 investments in Unattributed stage.

Here are Public Investment Fund's investments by stage:

Stage of entry	No. of Investments
Post IPO	12
Series D	7
Unattributed	5
PE	3
Series C	3
Others	8

Note: We have considered here, only first round of investments

View all investments by Public Investment Fund

Public Investment Fund has a diverse portfolio, with companies operating in the Retail, Auto, Business Services, Energy and Enterprise Applications. Notably, it has invested in 45 Enterprise (B2B) companies, 36 Consumer (B2C) companies, 33 Tech companies and at least 16 companies focusing on Software.

Here are Public Investment Fund's investments by sector:

Sector	No. of Investments
Retail	4
Auto	3
Business Services	3
Energy	3
Enterprise Applications	3
Others	46

Note: We have considered here, only first round of investments

View all investments by Public Investment Fund

Public Investment Fund has made most investments in United States (13), followed by Saudi Arabia where it has made 11 investments.

Here are Public Investment Fund's investments by geography:

Country	No. of Investments
United States	13
Saudi Arabia	11
United Kingdom	5
Egypt	2
Germany	2
Others	8

Note: We have considered here, only first round of investments

View all investments by Public Investment Fund

Public Investment Fund has not made any investment in 2026 so far.

Here are the most recent investments by Public Investment Fund:

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Date	Company	Location	Round Details	Round Amount	Co-Investors
Feb 12, 2025	Masdar	Saudi Arabia	Unattributed	3017	-
Jan 28, 2025	Hone Health	United States	Series A	7701	Vibe Capital [+19]
Jan 13, 2025	Saudi Reinsurance	Saudi Arabia	Post IPO	3246	-
Feb 19, 2024	Zamil Offshore	Saudi Arabia	Unattributed	8616	-
Jan 15, 2024	Magic Leap	United States	Conventional Debt	2918	-

See more recent investments made by Public Investment Fund

Public Investment Fund has 3 unicorns in its portfolio - Lucid, CloudKitchens and Airwallex. The most recent unicorn in their portfolio is Lucid. It became a unicorn in 2020, 6 years before Public Investment Fund first invested in it.

Here is a list of unicorns in Public Investment Fund's portfolio:

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Tracxn Score	Company	Short Description	Founded year	Sector	Location	Company Stage	First Investment/ Acquisition Details
71	Lucid	Provider of solutions for businesses to visualize, plan, and build their business	2010	Enterprise Applications	South Jordan	Series C	phzmpbe
55	CloudKitchens	Provider of cloud-driven managed kitchen spaces	2016	Real Estate and Construction Tech [+2]	Los Angeles	Series E	tjv{gco
83	Airwallex	Provider of financial infrastructure for processing payments and managing treasury	2015	FinTech [+2]	San Francisco	Series H	txviwgp

View more details about unicorns in Public Investment Fund's portfolio

46 of Public Investment Fund's portfolio companies have become public. Marafiq got listed on the Saudi Stock Exchange (TADAWUL), in Mar 2023 at marketcap of $3.06B and Akaria got listed on the Saudi Stock Exchange (TADAWUL) at marketcap of $5.01B.

Here are Public Investment Fund's portfolio companies that went public:

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Company	IPO Date	First Invested on	First Round of Investment	Round Size
Marafiq	Mar 23, 2023	-	-	5501
Akaria	Jun 19, 2022	-	-	1833
SenseTime	Dec 30, 2021	-	-	7273
Babylon	Oct 22, 2021	Aug 01, 2019	Series C	6674
ACWA Power	Oct 11, 2021	Jul 04, 2018	Series B	2991

View more details about public companies in Public Investment Fund's portfolio

11 companies from Public Investment Fund's portfolio have been acquired. The most recent acquisition was Electronic Arts in Sep 2025 by Public Investment Fund for $*****.

Here are Public Investment Fund's portfolio companies that got acquired most recently:

Filter this list

Company	Acquisition Date	First Invested on	First Round of Investment	Round Size
Electronic Arts	Sep 29, 2025	-	-	2119
Aston Martin	Mar 26, 2025	-	-	4452
McLaren	Mar 22, 2024	Jul 18, 2021	Series D	9158
Magic Leap	Dec 28, 2022	Mar 07, 2018	Series D	8352
Skyborn Renewables	Oct 19, 2022	Dec 12, 2022	Unattributed	7769

View all acquired companies in Public Investment Fund's portfolio

Public Investment Fund has a team of 35 members including 1 Partner and 1 Principal located in Saudi Arabia. Public Investment Fund's team does not sit on the board of any company as of now.

View team details of Public Investment Fund

Over the past 10 years, 214 investors have co-invested in Public Investment Fund's portfolio companies. This includes funds and angels.

Invested before Public Investment Fund: Europa, TPG and 134 others have invested in rounds before Public Investment Fund. There are 4 companies where Europa has invested before Public Investment Fund and 3 companies where TPG has invested before Public Investment Fund.
Top Co-investors of Public Investment Fund: 32 investors entered a company along with Public Investment Fund. These include investors like Cava (1 company).
Invested after Public Investment Fund: A total of 46 investors have invested in Public Investment Fund's portfolio after their investments. Top Investors include Tencent (1 company) and SoftBank Vision Fund (1 company).