In this article, we will discuss Jeff Bezos Investments in 2025: 12 Companies Bezos Is Investing In.
Since leaving his position as CEO of Amazon in 2021, Jeff Bezos has been quite active. He has been investing in real estate and companies, staying involved with Amazon and Blue Origin, and becoming close to President-elect Trump. “I’ve actually never worked harder,” he told the New York Times last December.
Jeff Bezos has directly invested in at least 108 startups across all industries since 1998, when he was reported to have invested $250,000 into Google. Although he does not publish his returns nor do the firms in which he invests, he has made early bets on several companies that have gone on to launch some of the most high-profile tech IPOs in the recent decade.
He certainly has enough cash to play with. According to Forbes, Bezos has sold around $32 billion in his main company shares since its initial public offering, including nearly $14 billion last year. He is now the third richest person in the world, with a net worth of $237 billion.
Although Bezos has spent a lot of time and money on yachts, aircraft, and real estate since transitioning from CEO to chairman of Amazon in 2021, he remains actively involved in his venture portfolio, advising portfolio firms and assisting with investment selections. However, Bezos isn’t as engaged as, say, a typical large venture capital firm: he was only the lead investor in one funding round last year (for Swiss-Mile), which means he likely didn’t acquire significant stakes in the majority of the companies, and he isn’t known to hold a board seat at any of the startups he has backed.
Two of the companies Forbes contacted said that a Bezos spokesman asked them not to discuss with the media about the Bezos investment, but those who did speak favorably about it. Swiss-Mile’s Bjelonic, Chief Executive Officer & Co-Founder, made the following comment:
“What I was most surprised with was actually how well he understood the technology behind the Al training. He would ask questions about reinforcement learning, imitation learning, how it works, going all the way to the details of the physics elements that are needed on our side.”
Regardless of how invested Bezos is in any given company, publicizing his name as an investor provides marketing exposure.
The autonomous robot business is still in its early stages of commercialization. Bjelonic compared the business to a “blue ocean,” predicting that in ten years, hundreds of robotics startups will fail while only a few will flourish. It will take years to determine whether those bets pay off.
However, the chances may be in Bezos’ favor, in part because he can combine his economic expertise with the fact that he will almost certainly be able to invest in any firm he chooses.
According to Columbia Business School professor Michael Ewens, the “best” and “hottest” startups reach out to people like Bezos first.
“In general, he’s a very good investor, because he’s getting calls. He’s first in line.”
With that said, here are the Jeff Bezos Investments in 2025: 12 Companies Bezos Is Investing In.
Methodology
We examined the investments of Bezos Expeditions, Jeff Bezos’ family office, to identify key companies he’s invested in. All selected firms are publicly traded except the last one, and the stocks are ranked in ascending order using Insider Monkey’s database of over 1,000 hedge funds in Q4 2024 to gauge hedge fund sentiment for stocks. The portfolio also includes one of his most recent private company investments, which is ranked last on our list.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
12. Cloud Paper
Cloud Paper is one of the most distinctive names on Jeff Bezos’ list of investments. It is a subscription-based online shop supplying tree-free toilet paper and paper towels produced from bamboo. The private company intends to have an impact on the established paper industry.
Cloud Paper raised $5 million in 2022 through a funding round that included Jeff Bezos’ Bezos Expeditions. The company aimed to introduce commercial-sized toilet paper and touchless dispensers. It claims that their tree-free bamboo paper towels and toilet paper saved over 10,000 trees in 2021.
While major businesses often take the spotlight due to their influence and size in the investment world, smart investors are always on the lookout for smaller, promising companies like Cloud Paper to invest in.
11. Sana Biotechnology Inc. (NASDAQ:SANA)
Number of Hedge Fund Investors: 24
Jeff Bezos is investing in Sana Biotechnology, Inc. (NASDAQ:SANA), a high-tech healthcare company that develops cell engineering platforms for a range of therapeutic uses. It is transforming cell treatment with its immune evasion technology, which allows transplanted cells to thrive without the use of immunosuppressive drugs. A recent successful human trial of immune-evasive pancreatic islets reveals its potential for treating type 1 diabetes and other conditions. The company’s invention, which has applications for liver tissue, blood vessels, and T cells, has the possibility to alter the cell therapy landscape.
Immunosuppressive drugs, which are now the most common option for such treatments, not only have minimal long-term effects in preventing cell rejection but also pose serious hazards by impairing the patient’s immune system. Sana Biotechnology, Inc. (NASDAQ:SANA)’s method eliminates this dependency, allowing patients to have a normal immune system while their transplanted cells thrive. This has the potential to transform the treatment of chronic diseases ranging from diabetes to cancer, resulting in a multibillion-dollar market for cell-based medicines.
Sana Biotechnology, Inc. (NASDAQ:SANA) could possibly license its immune evasion technology to other companies or create its own medicines, generating several cash streams. Given the enormous potential ahead, the firm is undervalued, with a market valuation of $643 million as of February 25, a sound balance sheet, and support from some of the biggest biotech investors in the world. As the company continues to disclose survival data from its clinical trials and secure prospective licensing arrangements, it could potentially see tremendous upside.
10. Air Transport Services Group Inc. (NASDAQ:ATSG)
Number of Hedge Fund Investors: 26
Air Transport Services Group, Inc. (NASDAQ:ATSG), a leading provider of aircraft leasing and air transportation services, specializes in medium-wide-body freighter aircraft. It provides a distinctive Lease+Plus aircraft leasing possibility within the aviation industry through its varied companies. The North American and European markets account for the majority of the company’s sales. It is included in the Jeff Bezos Stock Portfolio, having increased by more than 1% so far this year.
Amazon owns roughly 20% of the cargo logistics and aircraft leasing industries. This collaboration is based on the obvious advantage of connecting the e-commerce giant’s shipping demands with a logistics service that can help push the pile of products. Air Transport Services Group, Inc. (NASDAQ:ATSG)’s collaboration with Amazon began in early 2016 with an agreement to operate an air cargo network by leasing 20 dedicated Boeing 767 freighter planes. In an age when Amazon appears to be acquiring complementary pieces of the online retail puzzle, it may be worthwhile to stake out a position in this company, as Jeff Bezos did, due to its synergistic potential.
Air Transport Services Group, Inc. (NASDAQ:ATSG)’s leasing division benefited from strong demand, with four Boeing 767-300 freighter leases signed in the third quarter of 2024. However, third-quarter profitability was impacted by higher expenses and fewer block hours flown. By the end of 2024, the firm intends to sign three additional leases for freighters owned by CAM and expects significant benefits in its ACMI Services division as a result of contractual price increases.
On November 5, 2024, Air Transport Services Group, Inc. (NASDAQ:ATSG) announced that it had entered into an acquisition agreement with Stonepeak for $22.50 per share. Truist analyst Michael Ciarmoli increased his price target for the stock from $15 to $22.50. In a research note, the analyst informs investors that Stonepeak’s implied take-out multiple for the deal is 20% lower than peers’, but this is likely justified given recent operating performance, pilot union contract unknowns, and greater exposure to older freighter platforms as opposed to newer passenger variant aircraft.
9. Nextdoor Holdings Inc. (NYSE:KIND)
Number of Hedge Fund Investors: 28
Market Capitalization as of February 24: $989.75 million
Nextdoor Holdings, Inc. (NYSE:KIND) is one of the stocks in Jeff Bezos Stock Portfolio. It is a social media tool for neighborhoods. The company went public a few years ago through fashionable-at-the-time reverse merger arrangements through a special-purpose acquisition company. The transaction initially valued the company at more than $4 billion. Bezos Expeditions was an early investor in the business.
Nextdoor Holdings, Inc. (NYSE:KIND) reported significant user growth and financial performance in the third quarter of 2024, with weekly active users reaching 45.9 million, a 13% year-over-year rise driven by a 16% increase in US WAU. Revenue surged 17% year on year to $66 million, driven by improved monetization and performance of the Nextdoor Ads Platform, which experienced an 82% rise in click-through rates and a 16% decrease in cost per click as a result of optimization efforts.
On January 15, 2025, Nextdoor Holdings, Inc. (NYSE:KIND) hired Michael Kiernan as Chief Revenue Officer, responsible for global revenue, sales, and ad operations. He has 15 years of expertise and has headed Business Operations and Sales at the company for the past six years. He was formerly the temporary CRO. Kiernan will drive growth for the Nextdoor Ads Platform, which uses first-party data from almost 100 million Verified Neighbors to deliver personalized advertising.
Craig-Hallum set a $4 price target for the stock. The investment bank believes that the firm’s initiatives to offer new content to its platform will help it grow. The business is specifically aiming to collaborate with local writers to provide its readers with information about events in their areas as well as around the country. Aerial image of a residential area with houses and a real estate brokerage office. According to Craig-Hallum, the program has the potential to improve users’ frequency of visits to Nextdoor Holdings, Inc. (NYSE:KIND) as well as their time spent on the network. As a result, the investment firm believes they will produce more organic material in the firm, making it more pleasant. Moreover, the investment bank stated that the business should have enough finances to support this project due to its excellent gross margins and liquidity.
8. GRAIL Inc. (NASDAQ:GRAL)
Number of Hedge Fund Investors: 28
Market Capitalization as of February 24: $1.54 billion
GRAIL Inc. (NASDAQ:GRAL) is a biotechnology company focusing on developing the next generation of cancer diagnostic tools that will help doctors identify dangers early on and maybe prevent lethal diseases from causing damage, making it a promising treatment. It was originally developed within Illumina, spun off in 2016, reacquired in 2021, and eventually divested again in 2024 following a dispute with European regulators. Still, shares are up, and Bezos Expeditions has been on board, with the business maintaining a large stake in the company and being included in Jeff Bezos Stock Portfolio.
GRAIL Inc. (NASDAQ:GRAL) reported a significant growth in Galleri revenue in the United States, which climbed by 45% YoY to over 137,000 Galleri tests sold. Fourth-quarter 2024 revenue surged by 26% to $38.3 million, contributing to full-year revenue of $125.6 million, a 35% increase over 2023. The company improved cost efficiency by introducing a new Galleri test version, cutting sequencing costs, automating procedures, and expanding lab capacity. Strategic collaborations with Quest Diagnostics made test ordering simpler, while TRICARE approval increased coverage for some patients. The net loss improved by 48% in Q4, and cash burn is anticipated to drop by more than 40% by 2025.
Its stock has shot up by more than 127% in 2025. GRAIL Inc. (NASDAQ:GRAL) declared sales of $124-126 million for 2024, above estimates, and reported 137,000 tests sold, up from 94,000 in 2023. Larry Ellison, Oracle’s Chief Technology Officer and former CEO, remarks on the use of blood tests for cancer vaccinations, as well as the partnership with Quest Diagnostics, which provides access to over 500,000 providers, has strengthened the trust of investors.
7. Denali Therapeutics Inc. (NASDAQ:DNLI)
Number of Hedge Fund Investors: 31
Denali Therapeutics Inc. (NASDAQ:DNLI) is included in the Jeff Bezos Stock Portfolio. It is a biopharmaceutical company that invests in novel medications that can cross the blood-brain barrier to combat neurodegenerative diseases such as Alzheimer’s and Parkinson’s. It is a development-stage company that is highly unprofitable because it invests in promising yet unproven drugs. The stock is prominently displayed as a holding of Bezos Expeditions. Its product portfolio includes LRRK2, RIPK1, TREM2, and Tau.
Tividenofusp alfa from Denali Therapeutics Inc. (NASDAQ:DNLI) showed sustained improvements in cognitive, behavioral, and auditory abilities as well as strong, long-term biomarker normalization in patients with Hunter syndrome (MPS II). The drug’s regulatory request for accelerated clearance in early 2025, as well as a projected late 2025/early 2026 launch in the United States, position it as a breakthrough treatment. A growing Phase 2/3 trial and breakthrough therapy designation could potentially make tividenofusp alfa the first treatment to treat MPS II’s physical and cognitive symptoms, opening up a significant potential market.
Denali Therapeutics Inc. (NASDAQ:DNLI) is growing its portfolio of TV-enabled therapeutic enzymes, oligonucleotides, and antibodies. It intends to introduce 1-2 new TV programs into the clinic each year for the following three years. This TV platform can produce a new class of barrier-crossing treatments, which is why analysts are hopeful about its future operations.
Here is what Baron Growth Fund has to say about Denali Therapeutics Inc. (NASDAQ:DNLI) in its Q4 2021 investor letter:
“Our Disruptive Growth investments are pursuing idiosyncratic opportunities across the entirety of the global economy. Denali Therapeutics Inc. is pushing the boundaries of drug development by pursuing novel diagnostics and therapeutics in areas including neurodegenerative disease and blood cancers.
6. Remitly Global Inc. (NASDAQ:RELY)
Number of Hedge Fund Investors: 35
The stock continues to record solid revenue and a positive outlook, making it a fintech firm to keep an eye on. The small-cap software company specializes in innovative digital financial services operations, with a focus on cross-border transactions. Remitly Global, Inc. (NASDAQ:RELY) operates a hyper-targeted business, but that supports a top line expected to reach $1.5 billion this year, following 33% growth in fiscal year 2024 and a predicted 25% revenue growth in 2025. Furthermore, the company appears to have achieved steady profitability. It is undoubtedly a next-generation financial company that Bezos is investing in. Hence, it is included in the Jeff Bezos Stock Portfolio.
Remitly Global, Inc. (NASDAQ:RELY) recently disclosed Q4 of 2024 earnings, resulting in a 10% post-earnings decline. Despite this, the stock has surged by more than 13% in the past year. The primary thesis of the firm is straightforward. It executes incredibly well, lowering expenses at scale while expanding its reach. In Q4, revenue increased 33% year on year, with active customers up 32% and send volume up 39%. The company announced a record 60% gross margin, suggesting that it is not just growing effectively but also improving its profitability.
Remitly Global, Inc. (NASDAQ:RELY), is still a small player in comparison to Western Union, with only 3% of the worldwide remittances market, but its development trajectory means it is approaching a tipping point in adoption. The company’s exceptional product, global reach, and efficient marketing machine generate a powerful flywheel effect, resulting in constant revenue growth, growing margins, and, eventually, significant operating leverage.
Meridian Growth Fund stated the following regarding Remitly Global, Inc. (NASDAQ:RELY) in its Q4 2024 investor letter:
“Remitly Global, Inc. (NASDAQ:RELY) is a digitally native money transfer company that is taking share in the cross-border remittance market from established competitors such as Western Union and MoneyGram. The company has reached a level of scale that we believe can translate into significantly improving profitability going forward. The stock advanced following robust revenue growth that exceeded expectations and an upward revision to its full-year revenue and EBITDA growth outlook. We increased our position during the period based on our favorable outlook for the company.”
5. Rivian Automotive Inc. (NASDAQ:RIVN)
Number of Hedge Fund Investors: 40
Amazon is a major institutional investor in Tesla’s competitor, Rivian Automotive, Inc. (NASDAQ:RIVN). Since Amazon has invested in air freight, it is appropriate for the company to invest in its future fleet needs, including short-range EVs for same-day delivery.
Rivian Automotive, Inc. (NASDAQ:RIVN) recorded a gross profit of $170 million in the fourth quarter of 2024, due to improvements in variable costs, revenue per delivered unit, and fixed expenses. The company anticipates these improvements to benefit the company in the long run and position it well to earn a minor gross profit in 2025. It reported record revenues in the fourth quarter of 2024, driven by regulatory credit sales, software and services growth, and improved R1 average selling prices as the Tri-Motor offering became more widely available. Overall, revenue surged by 33% YoY in Q4 2024.
The developer of electric vehicles saw its shares rise by more than 7% last year. The firm has stated that it plans to provide a hands-free driving alternative later this year. Rivian Automotive, Inc. (NASDAQ:RIVN) also stated that other manufacturers are interested in acquiring technology from its joint venture with Volkswagen.
Rivian Automotive, Inc. (NASDAQ:RIVN) has consolidated the financial results of its joint venture with Volkswagen, which is estimated to generate $2 billion in revenue over the next four years. The company also raised significant funds, bringing its cash equivalents and short-term investments to $7.7 billion.
4. Airbnb Inc. (NASDAQ:ABNB)
Number of Hedge Fund Investors: 54
Jeff Bezos Stock Portfolio’s Airbnb Inc. (NASDAQ:ABNB) has outperformed expectations, with its latest earnings report for Q4 2024 showing a 12% year-over-year sales growth. The biggest surprise was the company’s solid EBIT margin, which prepares it for future growth. Looking ahead, the firm is expected to boost its sales by 11% in 2025, with profit margins rising from 23% to 26%.
Despite a recent spike in stock price following the earnings announcement, Airbnb Inc. (NASDAQ:ABNB) is currently regarded as slightly overvalued. However, the business remains a strong compounding machine with substantial free cash flow. Management has also started a buyback program, which is gradually lowering the share count.
Airbnb Inc. (NASDAQ:ABNB) is constantly improving its platform, with plans to launch over 500 new features and updates in the forthcoming summer release. The company’s portfolio now contains 8 million listings and 5 million hosts, ensuring its continued growth. Although the stock has been stabilizing for three years, it is projected that a further boost in profitability will propel it to new all-time highs, making it an excellent long-term investment opportunity.
Susquehanna boosted Airbnb Inc. (NASDAQ:ABNB)’s price objective to $200 from $160 and maintained a positive recommendation on the stock. The company reported a successful fourth quarter, attributed to healthy travel demand and certain internal product upgrades. While the outlook was slightly lower than expected, this was mostly due to calendar effects and FX challenges, and management noted that favorable demand patterns would continue beyond 2025.
3. Workday Inc. (NASDAQ:WDAY)
Number of Hedge Fund Investors: 89
Workday, Inc. (NASDAQ:WDAY) is included in Jeff Bezos Stock Portfolio. It is among the technology firms that Bezos Expeditions has invested in during its expansion and initial public offering, partly due to the enterprise cloud software company’s close ties to Amazon Web Services. Despite going public back in 2012, the company is still growing at rates with a projected revenue expansion of almost 15% in fiscal year 2025 and 13% in 2026. Workday is a prominent player in the larger digital ecosystem and is still one of the top stocks that Bezos is purchasing for 2025. It is one of the top producers of cloud-based applications for human resources management and finance.
The company’s recent quarterly performance has been strong, with sales increasing 15.8% over the same period last year. The operating margin grew from 4.7% to 7.6%, and the diluted net income per share was $0.72, which was 67% more than the year before. It is unsurprising that it was rated a leader in the Gartner Magic Quadrant for Cloud ERP for Service-Centric Enterprise. Workday, Inc. (NASDAQ:WDAY) maintains a strong innovation culture while gaining new customers. Many of its clients have purchased subscriptions to the complete range of Workday Financial Management and Workday Human Capital Management products. The HR and finance processes will be streamlined with a newer version of Workday Assistant.
Workday, Inc. (NASDAQ:WDAY) announced Gerrit Kazmaier’s appointment as President, Product and Technology, on February 20, 2025, with effect from March 10, 2025. Kazmaier, who has vast experience with SAP and Google Cloud, will be in charge of Workday’s product and technology department as well as its innovation strategy. It is anticipated that Kazmaier’s appointment will accelerate Workday’s cloud transformation and AI ambitions, solidifying the company’s standing as a pioneer in business software innovation.
2. Uber Technologies Inc. (NYSE:UBER)
Number of Hedge Fund Investors: 166
Uber Technologies, Inc. (NYSE:UBER) is America’s largest ridesharing company. The corporation leads both the worldwide and US ride-hailing markets, accounting for 25% of the global market and an impressive 76% of the US market. The corporation maintains its market dominance by presenting significant barriers to entry through its vast network of 171 million consumers and vast pool of drivers. Through consistent increases in trips and users, this dominance has allowed it to consistently achieve strong growth in gross bookings and revenue.
The stock is up by more than 18% year-to-date as it posted solid Q4 2024 results and upgraded its 2025 guidance, making it among the list of stocks included in Jeff Bezos Stock Portfolio. The fourth-quarter performance of Uber Technologies, Inc. (NYSE:UBER) is strong in spite of challenges like currency headwinds and brief delays. A larger user base and more frequent travel resulted in an 18% boost in gross bookings year over year, which in turn contributed to a 21% growth in revenue. Bookings in the mobility industry surged by 24%, proving the potential of Uber’s business strategy. These outcomes show its consistent performance and operational resilience in the face of external obstacles.
The growth of AVs will be advantageous to Uber Technologies, Inc. (NYSE:UBER) because of its established infrastructure and sizable user base. This strengthens its dominance in the transportation industry of the future by allowing it to team up with companies like Waymo or Tesla to easily and affordably set up autonomous vehicles for its large audience.
Looking ahead, Uber Technologies, Inc. (NYSE:UBER) still has great development opportunities, especially in its delivery and mobility areas, which have a lot of room to grow. The company’s wide range of services, including recently launched options like Uber for Teens and Uber for Business, have improved client interaction and led to an increase in reservations and trips.
1. Amazon.com Inc. (NASDAQ:AMZN)
Number of Hedge Fund Investors: 338
It is necessary to recognize Amazon.com, Inc. (NASDAQ:AMZN) as a one-stop shop for investing in publicly traded stocks, much like Jeff Bezos. This is due in part to the fact that many of the businesses in which Bezos Expeditions now has stock are privately held, but some of them have simply been incorporated into the Amazon mothership. There are prominent businesses like Whole Foods, but there are also a ton of smaller ones that work in areas like cloud computing, robotics, and artificial intelligence. Even though it is a huge tech company, its shares have increased by more than 21% in the last year, showing that there is still potential for profit.
Amazon (NASDAQ:AMZN) is the industry leader in cloud computing and e-commerce, using its size to provide unparalleled product variety and affordability. Through speedy shipping and access to exclusive content, the Prime membership increases consumer loyalty and generates high-margin recurring income. The Amazon ecosystem, which includes the Kindle and other gadgets, increases user engagement and draws in new customers.
Operating cash flow for the fiscal year 2024 trailing twelve months was $115.9 billion, up 36% from $84.9 billion for the same time in the previous year, which concluded in December. In February, Amazon.com, Inc. (NASDAQ:AMZN) announced that it would invest over $100 billion in capital projects this year, with a focus on artificial intelligence advancements. This decision was made despite the emergence of DeepSeek, a Chinese AI firm renowned for producing incredibly effective and affordable AI models that have ignited the IT industry. A large portion of Amazon’s capital expenditures go toward developing AI through Amazon Web Services, which requires upfront investments in data centers and infrastructure to maintain the platform’s explosive growth.
Fred Alger Management, an investment management company, released its Q4 2024 investor letter. Here is what the fund said:
“Amazon.com, Inc. (NASDAQ:AMZN) is a renowned online retailer and leader in cloud computing. The company’s Amazon Web Services (AWS) division offers utility-scale cloud solutions that support corporate America’s digital transition. During the quarter, Amazon’s shares contributed to performance as the company reported better-than-expected fiscal third-quarter results, with revenues and earnings beating analyst estimates. Operating margins expanded to 11%, driven by efficiency gains in logistics and robust AWS performance. Notably, AWS revenue growth accelerated during the quarter, along with recording its highest-ever operating margin of 38.1%, driven by easing cloud cost optimizations, renewed workload migrations, and an increasing contribution from AI workloads. On their earnings call, management highlighted plans to increase capital expenditures to enhance their technology infrastructure, catering to the surging demand for AI-driven computing.”
Overall, Amazon.com, Inc. (NASDAQ:AMZN) ranks first on our list of the Jeff Bezos Investments in 2025: 12 Companies Bezos Is Investing In. While we acknowledge the potential for AMZN to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than AMZN but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
READ NEXT: 20 Best AI Stock To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap
Disclosure: None. Jeff Bezos Investments in 2025: 12 Companies Bezos Is Investing In is originally published on Insider Monkey. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.
