We report the first experimental study of individual molecules with femtosecond time resolution using a novel ultrafast single-molecule pump-probe method. A wide range of relaxation times from below 100 up to 400 fs is found, revealing energy redistribution over different vibrational modes and phonon coupling to the nanoenvironment. Addressing quantum-coupled molecules we find longer decay times, pointing towards inhibited intramolecular decay due to delocalized excitation. Interestingly, each individual system shows discrete jumps in femtosecond response, reflecting sudden breakup of the coupled superradiant state. DOI: 10.1103/PhysRevLett.94.078302 PACS numbers: 82.37.-j, 34.30.+h, 71.35.-y, 82.53.-k Ultrafast processes play a crucial role in the functioning of both natural and synthetic molecular assemblies [1]. For example, energy transfer between chromophores in photosynthetic complexes and conjugated polymers typically occurs on a 0.5 to 2.0 ps time scale [2], while intramolecular dynamics is even faster. The energy transfer is mediated by delocalized electronic excitation, in direct competition with disorder in the system, ultrafast decay through intramolecular vibrations, and coupling to the environment. To address the wide range of ultrafast processes, generally advanced spectroscopic methods are invoked. Initially spectral hole burning [3] was developed to probe the underlying dynamics of inhomogeneously broadened bands in solids. With femtosecond photon echo spectroscopy [4] the inhomogeneous linewidth could be eliminated to study ultrafast dephasing times and solvation dynamics. Currently mainly four-wave mixing and pump-probe spectroscopies [5] are applied to address both dephasing and population dynamics, predominantly of vibrational wave packets. Unfortunately, all these approaches are restricted to processes that can be optically synchronized and therefore yield only the spatial average over some conformational subset.In contrast to this, single-molecule studies [6] commonly reveal how changes in the local environment lead to large variations, in both space and time [7][8][9]. However, single-molecule detection relies essentially on background-free detection of Stokes shifted fluorescence. The limited photon yield is a bottleneck in dynamic studies, restricting real-time observations typically to the microsecond regime [8]. Only at cryogenic conditions are cross sections large enough to allow resonant detection with a faster response [10]. As a result the femtosecond regime has so far remained untouched in the singlemolecule field operating at ambient conditions.Here, we bridge the gap between ''ultrafast'' and ''single-molecule'' detection and present a novel fluorescence-based pump-probe method that gives direct access to ultrafast phenomena in individual quantum systems. The first results on both single and coupled molecules are presented, where from molecule to molecule a wide range of ultrafast decay times is observed.Optical observation of single quantum systems is based on detection of...