# Flagship Pioneering

> Flagship Pioneering creates and builds companies from scientific ideas in human health, biology and sustainability. Its process develops research hypotheses into new businesses, often with substantial involvement in company formation. Its portfolio includes Moderna and other science-led companies.

## Profile

- **Stage-based planning range:** $1M–$10M
- **Check-size evidence basis:** estimated
- **Founded:** 2000
- **Headquarters:** Cambridge, Massachusetts, United States
- **AUM:** $14B (company-reported at July 2024 capital raise; reiterated with that date in October 2026)
- **Rounds they lead:** Seed, Series A, Series B+
- **Rounds they invest:** Seed, Series A, Series B+
- **Last verified:** 2026-10-25

## Links

- [Website](https://www.flagshippioneering.com/)

**By:** [Venture Capital Tracker](https://venturecapitaltracker.com/editorial-policy)
**Last updated:** October 25, 2026

**Editorial note:** AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.

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Source: https://venturecapitaltracker.com/fund/flagship-pioneering