- Recent Funding
- Investors
- Morgan Stanley
Morgan Stanley portfolio
Morgan Stanley has 10 portfolio companies on record at Recent Funding, with 2 investments in the last 12 months.
About this page
It is an investor based in Purchase, US, founded in 2021. It led 3 of the 8 rounds it joined. Its most recent investment on record is Kalshi's $1B Series B+ round in May 2026, alongside Coatue, ARK Invest, Sequoia and 3 others. By category, its portfolio leans toward Education (3) and Data and analytics (3). It has co-invested with Circulate Capital, Vellayan Subbiah and Arun Venkatachalam, most often Circulate Capital (2 rounds).
About Morgan Stanley
Fund returns
| Fund | Vintage | Size | Net IRR | TVPI | DPI | As of |
|---|---|---|---|---|---|---|
| North Haven Tactical Value Fund II, LP | 2022 | — | — | 1.20x | 0.00x | Mar 31, 2025 |
| North Haven Infrastructure Partners III, SCSp | 2019 | — | — | 1.40x | 0.05x | Mar 31, 2025 |
| North Haven Infrastructure Partners II, LP | 2016 | — | — | 1.38x | 1.14x | Mar 31, 2025 |
| Morgan Stanley Real Estate Mezzanine Fund, L.P. | 2011 | — | -25.8% | 0.44x | 0.44x | Dec 31, 2021 |
| Morgan Stanley Real Estate Mezzanine Partners A LP | 2008 | — | -25.8% | 0.44x | 0.44x | Jun 30, 2024 |
| Morgan Stanley Real Estate Fund VI, L.P. | 2007 | — | 0.3% | — | — | Jun 30, 2024 |
| MS Global RE Securities | 2007 | — | 0.8% | 1.07x | 1.07x | Jun 30, 2024 |
| Morgan Stanley Prime Property Fund | 2005 | — | 6.4% | 1.77x | 0.23x | Nov 30, 2025 |
| North Haven Real Estate Fund V International | 2005 | — | 6.8% | 1.22x | 1.22x | Jun 30, 2025 |
| Morgan Stanley - Private Equity | 1997 | — | -1.3% | — | — | Jun 30, 2019 |
| Morgan Stanley Venture Partners III, LP | 1997 | — | 40.9% | 2.30x | 2.34x | Sep 30, 2025 |
What Morgan Stanley invests in
- Education · 3 · 30%
- Data and analytics · 3 · 30%
- Robotics and hardware · 3 · 30%
- Fintech · 2 · 20%
- Developer tools and cloud · 2 · 20%
- Prediction markets · 1 · 10%
- Lending and credit · 1 · 10%
- Commerce and retail · 1 · 10%
Morgan Stanley recent investments
| Company | Round | Date | Alongside |
|---|---|---|---|
| Series B+ · $1B | Coatue (lead), ARK Invest, Sequoia +3 | ||
| Series B+ · $385M | Neuberger Berman, HarbourVest, Franklin Templeton +4 | ||
| Series B+ · $13M | Vellayan Subbiah, 360 ONE Asset (lead), Circulate Capital +5 | ||
| Series B+ · $50M · lead | Columbia Capital, StepStone Group (lead) | ||
| Series A · $24M · lead | Columbia Capital, StepStone Group, DHL | ||
| Series A · $22M · lead | Vellayan Subbiah, Circulate Capital, Arun Venkatachalam | ||
| Series B+ · $180M | Bank of America, Viking Global Investors (lead), Trajectory Ventures +6 | ||
| Series B+ · $70M | Primary, Manulife Financial, Greenspring Associates +6 |
How Morgan Stanley invests
Morgan Stanley portfolio companies
KKalshi$1BSeries B+ · May 2026
VVestwell$385MSeries B+ · Feb 2026
RRecykal$13MSeries B+ · Apr 2024
EEverstream Analytics$50MSeries B+ · Apr 2023
AAlphaSense$180MSeries B+ · Sep 2021
HHadrianbacker
BBluegroundbacker
TTenstorrentbacker
IInsight Mbacker
MModernebacker
| Company | Round with Morgan Stanley | Total raised | Latest raise |
|---|---|---|---|
Prediction markets |
Series B+ · $1B | $2.71B | May 21, 2026 Series B+ |
Lending and credit |
Series B+ · $385M | $622.5M | Feb 18, 2026 Series B+ |
Commerce and retail |
Series B+ · $13M | $60M | Nov 12, 2026 Series B+ |
Data and analytics |
Series B+ · $50M · lead | $74M | Apr 4, 2023 Series B+ |
Data and analytics |
Series B+ · $180M | $830M | Jun 3, 2026 round |
Robotics and hardware |
backer · source | $1.67B | Aug 6, 2026 Series B+ |
Health and bio |
backer | $302M | Mar 28, 2024 Series B+ |
AI infrastructure and compute |
backer | $893M | Jan 7, 2026 Series B+ |
Robotics and hardware |
backer | $30M | Jun 23, 2025 round |
AI coding and devtools |
backer | $49.7M | Feb 11, 2025 Series B+ |
Most frequent co-investors
CCirculate Capital2 shared rounds · last Apr 10, 2024
- VVellayan Subbiah2 shared rounds · last Apr 10, 2024
- AArun Venkatachalam2 shared rounds · last Apr 10, 2024
SStepStone Group2 shared rounds · last Apr 4, 2023
CColumbia Capital2 shared rounds · last Apr 4, 2023
WWells Fargo Strategic Capital2 shared rounds · last Sep 30, 2021
SSequoia1 shared round · last May 7, 2026
AAndreessen Horowitz1 shared round · last May 7, 2026
CCoatue1 shared round · last May 7, 2026
IIVP1 shared round · last May 7, 2026
PParadigm1 shared round · last May 7, 2026
AARK Invest1 shared round · last May 7, 2026
Similar investors
MMaRS Investment Accelerator Fund10 companies · 3 deals in 12 mo
BBlue Cloud Ventures9 companies · 3 deals in 12 mo
FFootwork VC12 companies · 3 deals in 12 mo
AAngular Ventures8 companies · 4 deals in 12 mo
IIA Ventures8 companies · 3 deals in 12 mo
BBlumberg13 companies · 3 deals in 12 mo
Investors whose portfolios on Recent Funding center on the same category (Education).
How this is counted
Net returns as reported by the public-pension and foundation LPs invested in each fund.
Firm profile and fund returns: Fundraising Fox Open Dataset v2026-11, CC BY 4.0. Track-record counts are theirs, not Recent Funding's.
Share is of the 8 rounds on Recent Funding that name Morgan Stanley. Rounds with no announced date are left out of the year split, and "round" is a round whose stage is not on file.
Portfolio companies are the companies on Recent Funding with a round that lists Morgan Stanley, which is a subset of its real portfolio. API: /api/v1/investors/morgan-stanley (get a free API key). More: the most active VC firms and new venture capital funds.