Coatue Management, L.L.C. launched by Philippe Laffont in 1999 after his time at Tiger Management and McKinsey, has grown from a hedge fund with $45 million to a lifecycle investment platform with about $50 billion under management. Private investments exceed $30 billion. The firm operates in New York, Menlo Park, Los Angeles, London and Hong Kong, supporting founders as they scale technology companies worldwide. It holds over 100 board seats and supports more than 200 technology companies across 27 countries.
Coatue applies data science and artificial intelligence to guide its strategies across public and private markets. Its teams include more than 70 investment professionals and over 30 data scientists and engineers. The firm backs innovation in technology, media, telecommunications, consumer and healthcare sectors through venture, growth, thematic and structured capital strategies. Founder-led approaches, operational expertise and a focus on responsible risk management inform every stage of the investment process. Coatue also encourages connections between its global offices to support portfolios in Asia and the West.
The firm has made sizable advances in clean energy and battery innovation. In 2020, it led a $76 million Series C round for Form Energy, which develops long-duration storage for renewable grids. A $590 million Series F investment in 2021 supported Sila Nanotechnologies’ silicon anode production, vital for next-generation batteries. Recent backings include Verse, a startup using generative platforms to simplify renewable power procurement, and Sweep, whose software helps enterprises track and reduce emissions. Coatue has secured more than $2.7 billion for dedicated funds targeting environmental technology and smart transportation solutions.