Companies
Private companies, by industry and place
VCMC's index holds 2,986,644 companies. 41,777 of them have raised a venture or growth round, and 895 pages group those by industry, country, region and city. Each page lists its companies with a valuation and the facts behind it. Counts include every company of the index in the group; government bodies and non-profits are left out.
2,986,644
Companies in the index
41,777
Venture-backed
139
Industries
36
Countries
354
Cities and regions
Ranking
The 50 most valuable private companies
Ranked by VCMC's valuation; a company VCMC has no valuation for is not ranked, nor is one acquired after its last round. Anthropic leads at $1.09T. Each valuation comes with a range, from a low to a high scenario. How VCMC values companies.
| # | Last round | History | Range | Trend | Grade | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Anthropic Tech Companies · San Francisco, United States | Series H May 2026 $65.00B | $1.09T | $838.9B – $1.51T | $1.31T (+20%) | $144.0B | 0% | 6,076 | growing | A | |
| 2 | OpenAI Tech Companies · San Francisco, United States | Other Mar 2026 $122.00B | $374.6B | $263.0B – $430.9B | $374.6B (0%) | $33.7B | 0% | 11,490 | growing | A | |
| 3 | Databricks Tech Companies · San Francisco, United States | Growth Equity Aug 2026 $5.00B | $193.6B | $165.2B – $240.4B | $209.0B (+8%) | $18.8B | 0% | 17,130 | growing | A | |
| 4 | Stripe Payment Processing & Point of Sale · Paris, France | Growth Equity Feb 2026 $159.00B | $173.0B | $138.2B – $207.9B | $180.8B (+4%) | $17.7B | 0% | 16,600 | growing | A | |
| 5 | Waymo Car Rental · Mountain View, United States | Debt Oct 2026 $5.00B | $155.4B | $109.5B – $193.5B | $168.2B (+8%) | $18.5B | 0% | 4,831 | growing | A | |
| 6 | Blue Origin Aerospace and Defence · Kent, United States | Growth Equity Jul 2026 $10.00B | $134.4B | $113.0B – $167.4B | $145.5B (+8%) | $13.1B | 0% | 12,826 | up | A | |
| 7 | Revolut Banks & ATMs · London, United Kingdom | Growth Equity Sep 2025 $2.00B | $78.1B | $61.5B – $91.0B | $67.8B (-13%) | $8.0B | 35% | 20,310 | flat | A | |
| 8 | Phoenix Tower International Telecommunications · Boca Raton, United States | Growth Equity Aug 2026 $6.50B | $73.2B | $47.5B – $120.9B | $79.4B (+8%) | $7.2B | 0% | 657 | flat | B | |
| 9 | Anduril Aerospace and Defence · Costa Mesa, United States | Series H May 2026 $5.00B | $68.6B | $53.0B – $91.2B | $79.3B (+16%) | $8.7B | 0% | 9,860 | growing | A | |
| 10 | Clothing Stores · Singapore, Singapore | Growth Equity May 2023 $2.00B | $68.6B | $21.5B – $105.2B | $60.4B (-12%) | $10.2B | 30% | 11,543 | up | C | |
| 11 | Ant Group Tech Companies · Hangzhou, China | Series C Jun 2018 $14.00B | $67.6B | $13.0B – $152.4B | $67.6B (0%) | $24.7B | 46% | 10,623 | flat | D | |
| 12 | Electric Supplies & Power Generation · New York, United States | Growth Equity Oct 2026 $6.00B | $67.0B | $43.9B – $111.8B | $73.5B (+10%) | $6.6B | 0% | 629 | up | B | |
| 13 | SHEIN Clothing Stores · Germany | Series F Apr 2022 $1.88B | $66.8B | $22.9B – $155.9B | $63.9B (-4%) | $13.2B | 30% | 12,566 | growing | C | |
| 14 | Construction Services · Chesterfield, United States | Growth Equity Apr 2026 $5.50B | $64.4B | $40.5B – $103.1B | $67.7B (+5%) | $6.1B | 0% | 1,819 | flat | B | |
| 15 | team.blue Tech Companies · Ghent, Belgium | Growth Equity Jul 2024 $5.20B | $63.8B | $22.6B – $97.1B | $63.5B (0%) | $6.3B | 0% | 3,464 | up | C | |
| 16 | Ramp Tech Companies · New York, United States | Growth Equity Oct 2026 $1.85B | $60.1B | $52.2B – $75.9B | $66.0B (+10%) | $5.9B | 0% | 6,282 | growing | A | |
| 17 | DeepSeek Tech Companies · Hangzhou, China | Growth Equity Jun 2026 $7.40B | $52.9B | $43.5B – $66.4B | $57.7B (+9%) | $6.0B | 0% | 208 | growing | A | |
| 18 | Safe Superintelligence Tech Companies · Palo Alto, United States | Growth Equity Jul 2026 $5.00B | $50.2B | $35.1B – $77.7B | $54.7B (+9%) | $4.9B | 0% | 35 | growing | B | |
| 19 | Ripple Cryptocurrency · San Francisco, United States | Debt Aug 2026 $275M | $48.2B | $34.8B – $55.8B | $48.5B (+1%) | $4.4B | 0% | 2,258 | growing | A | |
| 20 | Flipkart Online Marketplace · Bengaluru, India | Growth Equity Jul 2021 $3.60B | $46.9B | $6.5B – $60.4B | $46.3B (-1%) | $5.6B | 0% | 96,913 | up | D | |
| 21 | Flagship Pioneering Biotechnology · Cambridge, United States | Growth Equity Jul 2024 $3.60B | $45.6B | $16.1B – $69.4B | $29.0B (-36%) | $4.1B | 0% | 821 | up | C | |
| 22 | Ice Cream · Northallerton, United Kingdom | Growth Equity Jun 2026 $4.20B | $44.3B | $28.2B – $71.9B | $47.2B (+6%) | $4.6B | 0% | 1,558 | flat | B | |
| 23 | Heating & Air Conditioning · Dallas, United States | Private Equity May 2026 $2.00B | $43.9B | $25.7B – $66.9B | $43.9B (0%) | $4.0B | 0% | 685 | up | B | |
| 24 | Figure Industrial Machinery & Supplies · San Jose, United States | Growth Equity Sep 2026 $3.50B | $43.7B | $30.5B – $67.7B | $47.7B (+9%) | $4.3B | 0% | 955 | growing | B | |
| 25 | Resorts · Denver, United States | Growth Equity Jan 2024 $3.00B | $38.9B | $8.2B – $59.2B | $22.5B (-42%) | $3.5B | 0% | 1,063 | flat | C | |
| 26 | Canva Tech Companies · Surry Hills, Australia | Growth Equity Sep 2021 $200M | $37.7B | $15.4B – $73.7B | $34.9B (-7%) | $7.0B | 33% | 23,213 | growing | C | |
| 27 | Mari Group Decorators & Interior Designers · Beverly Hills, United States | Growth Equity Oct 2025 $2.00B | $37.4B | $22.3B – $56.9B | $37.4B (0%) | $3.4B | 0% | 180 | growing | B | |
| 28 | Property Management · Charleston, United States | Growth Equity Jun 2026 $3.14B | $36.4B | $23.1B – $58.9B | $38.7B (+6%) | $3.5B | 0% | 19,768 | up | B | |
| 29 | VAST Data Software Development Services · United States | Series F Apr 2026 $1.00B | $34.5B | $26.1B – $45.4B | $39.5B (+15%) | $4.3B | 0% | 1,263 | up | A | |
| 30 | Thinking Machines Lab Tech Companies · San Francisco, United States | Seed Jul 2025 $2.00B | $33.6B | $11.6B – $38.6B | $33.6B (0%) | $6.0B | 0% | 240 | growing | C | |
| 31 | Insurance - Agents, Carriers & Brokers · Grand Rapids, United States | Growth Equity May 2025 $2.10B | $33.3B | $23.6B – $40.3B | $29.5B (-11%) | $3.2B | 30% | 4,959 | up | A | |
| 32 | Wireless Logic Telecommunications · Reading, United Kingdom | Growth Equity Nov 2025 $2.30B | $32.8B | $19.8B – $50.4B | $33.1B (+1%) | $3.2B | 0% | 877 | growing | B | |
| 33 | Automobile Dealers & Manufacturers · Coventry, United Kingdom | Growth Equity Feb 2025 $180M | $32.6B | $4.9B – $122.9B | $32.6B (0%) | – | 0% | 43,938 | flat | D | |
| 34 | Checkout.com Payment Processing & Point of Sale · London, United Kingdom | Series D Jan 2022 $1.00B | $32.6B | $4.9B – $59.2B | $30.9B (-5%) | $6.9B | 0% | 2,477 | up | D | |
| 35 | Crusoe Hosting & Cloud Infrastructure Providers · Denver, United States | Series F Sep 2026 $3.90B | $31.7B | $26.9B – $46.2B | $40.2B (+27%) | $4.4B | 0% | 1,720 | growing | A | |
| 36 | Martello Re Insurance - Agents, Carriers & Brokers · Hamilton, Bermuda | Growth Equity Jan 2022 $1.65B | $31.2B | $3.5B – $47.5B | $30.6B (-2%) | $3.5B | 0% | 97 | up | D | |
| 37 | Insurance - Agents, Carriers & Brokers · Chicago, United States | Growth Equity May 2025 $1.60B | $30.4B | $19.3B – $36.3B | $27.9B (-8%) | $2.9B | 21% | 16,351 | flat | B | |
| 38 | noon Online Marketplace · United Arab Emirates | Growth Equity Oct 2021 $2.00B | $30.0B | $3.1B – $45.6B | $29.6B (-1%) | $3.4B | 0% | 49,154 | up | D | |
| 39 | Citadel Securities Financial Services · Miami, United States | Series D Jan 2022 $1.15B | $29.6B | $4.4B – $34.1B | $28.2B (-5%) | $3.6B | 0% | 2,443 | up | D | |
| 40 | Cohesity Tech Companies · Santa Clara, United States | Series H Dec 2024 $2.00B | $28.4B | $9.6B – $40.4B | $28.3B (0%) | $3.1B | 1% | 7,802 | flat | C | |
| 41 | Cognition Tech Companies · San Francisco, United States | Growth Equity May 2026 $1.00B | $28.1B | $22.6B – $36.2B | $31.5B (+12%) | $2.8B | 0% | 592 | growing | A | |
| 42 | Real Estate Investment · New York, United States | Debt Oct 2019 $5.05B | $27.6B | $3.2B – $43.3B | $27.6B (0%) | $4.2B | 15% | 5,602 | flat | D | |
| 43 | euNetworks Telecommunications · London, United Kingdom | Growth Equity Aug 2024 $2.34B | $27.3B | $8.2B – $41.6B | $17.3B (-37%) | $2.7B | 0% | 410 | flat | C | |
| 44 | Vantage Data Centers Data Solutions · Denver, United States | Growth Equity Sep 2026 $2.00B | $25.8B | $18.0B – $39.9B | $28.1B (+9%) | $2.5B | 0% | 2,614 | growing | B | |
| 45 | Perplexity Tech Companies · San Francisco, United States | Growth Equity Jan 2026 $2.30B | $25.5B | $17.2B – $36.6B | $22.9B (-10%) | $2.4B | 41% | 1,369 | flat | B | |
| 46 | Kalshi Financial Services · New York, United States | Series F May 2026 $1.00B | $25.2B | $19.1B – $34.0B | $29.6B (+17%) | $3.3B | 0% | 583 | growing | A | |
| 47 | Mistral AI Software Development Services · Paris, France | Series D Sep 2026 $3.50B | $25.2B | $21.2B – $36.6B | $31.8B (+26%) | $3.8B | 0% | 1,715 | growing | A | |
| 48 | Zeekr Automobile Dealers & Manufacturers · Hangzhou, China | Series A Feb 2023 $750M | $24.8B | $2.5B – $28.6B | $22.7B (-9%) | $4.3B | 0% | 505 | flat | D | |
| 49 | isolved Tech Companies · Charlotte, United States | Growth Equity Aug 2025 $1.90B | $24.3B | $13.5B – $36.9B | $24.3B (0%) | $2.2B | 0% | 1,995 | up | B | |
| 50 | Solör Bioenergi Renewable energy companies · Sweden | Growth Equity Mar 2024 $2.12B | $23.8B | $5.3B – $36.3B | $23.8B (0%) | $2.3B | 0% | 3 | unknown | C |
Values cover private companies only; public companies are not included.
Industries
By industry
139 industries have a page. Counts are companies in the index.
Aerospace and Defence 6,926 Automobile Dealers & Manufacturers 27,373 Banks & ATMs 7,702 Batteries 6,331 Biotechnology 10,165 Chemicals 17,099 Cryptocurrency 5,429 Data Solutions 12,776 Electric Supplies & Power Generation 11,081 Electronical Components Manufacturing 40,635 Financial Services 4,368 Groceries 13,173 Health Care Services 17,447 Hosting & Cloud Infrastructure Providers 23,380 Industrial Machinery & Supplies 47,163 Insurance - Agents, Carriers & Brokers 25,936 Investment Consultants & Financial Advisors 65,331 Loans & Financing 24,359 Medical Supply Manufacturers 41,245 Payment Processing & Point of Sale 17,995 Pharmaceutical Products 31,359 Renewable energy companies 8,197 Software Development Services 171,466 Solar Energy Company 8,252 Tech Companies 482,088 Wind Energy Equipment & Services 2,879
Countries
By country
Each country page links its regions, cities and industries.
Cities
By city
Cities with 25 or more venture-backed companies, by country.
United States
India
United Kingdom
Brazil
Canada
Germany
France
Spain
Italy
Netherlands
Turkey
Australia
Mexico
Singapore
Indonesia
China
Sweden
United Arab Emirates
Chile
Switzerland
Argentina
Poland
Colombia
Belgium
Saudi Arabia
Hong Kong
Pakistan
Bangladesh
Denmark
Kenya
South Africa
Ireland
Austria
Japan
Nigeria
New Zealand
Finland
Egypt
South Korea
Portugal
Norway
Malaysia
Vietnam
Israel
Estonia
Lithuania
Taiwan
Regions
By region
Regions (states, provinces) with 25 or more venture-backed companies, by country.
United States
United Kingdom
India
Canada
France
Germany
Australia
Netherlands
United Arab Emirates
Italy
Turkey
China
South Africa
Brazil
Switzerland
Chile
Ireland
Hong Kong
Israel
Spain
Vietnam
Nigeria
Egypt
Denmark
Belgium
Sweden
Philippines
Malaysia
Finland
Greece
Czechia
Thailand
Hungary
Poland
Luxembourg
Norway
South Korea
Iceland
Cayman Islands
British Virgin Islands
Tech sub-industries
Tech companies by what they make
Tech Companies is split by the companies' main NAICS industry.
Industry by country
Industries by country
An industry in one country, where it has 25 or more venture-backed companies.
Software Development Services
Investment Consultants & Financial Advisors
Medical Supply Manufacturers
Electronical Components Manufacturing
Digital & Marketing Agencies
Legal Services
Pharmaceutical Products
Business Consulting
Real Estate - Agents & Managers
Loans & Financing
Insurance - Agents, Carriers & Brokers
Industrial Machinery & Supplies
Automobile Dealers & Manufacturers
Employment Agencies & HR Consulting
Professional & Management Training
Psychologists & Counseling Services
Payment Processing & Point of Sale
Health Care Services
Trucking and Logistics
Biotechnology
Accounting & Bookkeeping Services
Clinics - Surgeons & Physicians
Clothing Stores
Video and Audio Production
Home Health Care
Real Estate Rental
Hosting & Cloud Infrastructure Providers
Data Solutions
Newspapers & Magazines
Chemicals
Learning, Tutoring & Courses
CBD and Medical Marijuana
Food Production
Plastics Products
Building Material Manufacturers
Environmental Engineering Services
Laboratory Equipment & Supplies
Sporting Goods Store
Decorators & Interior Designers
Aerospace and Defence
Telecommunications
Banks & ATMs
Media Companies
Cosmetic Manufacturing
Device Manufacturing
Alarms, Surveillance & Security Systems
Beverages & Refreshments
Travel Agencies
Business and HR Consulting
Industrial Air Solutions
Aircraft Parts & Services
Farms & Agriculture Production
Oil & Gas - Extraction & Distribution
Warehousing & Storage
Electric Supplies & Power Generation
Clothing Manufacturers
Batteries
Garbage Collection & Waste Disposal
Real Estate Investment
Cryptocurrency
Educational Consultants
Solar Energy Company
Vitamins & Supplements
Renewable energy companies
Medical Laboratories
Market Research & Opinion Polling
Fertility, Birth & Maternity Services
Toys & Games Stores
Food delivery
Water Supply & Water Treatment
Farm Equipment
Medical Devices
Financial Services
Nutritionists & Weight Loss Specialists
Cosmetics Stores
Video Games - Development & Publishing
Dairy Products - Farms & Stores
Snack Foods
Groceries
Industry by city
Industries by city
An industry in one city, where it has 25 or more venture-backed companies.
Tech Companies
Software Development Services
Investment Consultants & Financial Advisors
Digital & Marketing Agencies
Loans & Financing
Biotechnology
Payment Processing & Point of Sale
Data Solutions
Insurance - Agents, Carriers & Brokers
Medical Supply Manufacturers
Pharmaceutical Products
Cryptocurrency
Electronical Components Manufacturing
Cosmetic Manufacturing
Health Care Services
Financial Services
Hosting & Cloud Infrastructure Providers
Questions
Frequently asked
How many companies does VCMC track?
2,986,644 private companies, of which 41,777 have raised a venture or growth round. 166,309 government bodies, non-profits and similar organisations, and 30,931 public companies, are left out of every count; public companies have no page.
How is the ranking made?
By each company's VCMC valuation. A company VCMC has no valuation for is not ranked, nor is one acquired after its last round. Each valuation comes with a range; the methodology page explains how they are made and how often they are right. Values cover private companies only; public companies are not included.
Why does a group need 25 venture-backed companies?
Below that a page has too little to compare. Every company, in a group or not, has its own page and can be found through search.