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Company Database

Most Valuable Private Companies

The most valuable VC-backed private companies in the world, ranked by their latest post-money valuation, with funding history and secondary market context from Caplight.

25 companies · Updated November 7, 2026

Most Valuable Private Companies
CompanySectorStageValuationLatest FundingTotal FundingHeadcountMomentumLocationWebsiteBusiness ModelCustomer Profile
AI, Data & Cloud InfrastructureGrowth Equity$1.25T$11B (Nov 2026)$192.6B8,541
San Francisco, Californiawww.openai.comB2CUsage-Based SaaS, Subscription SaaS, Freemium
AI, Data & Cloud InfrastructureSeries H$965B$65B (May 2026)$132.3B3,997
San Francisco, Californiawww.anthropic.comB2BUsage-Based SaaS, Subscription SaaS
Media, Entertainment & GamingTender$330B(Oct 2025)$8.12B25,376
Beijingwww.bytedance.comB2CPayment Processing Fee, Usage-Based SaaS, Subscription SaaS, Revenue Share
AI, Data & Cloud InfrastructureStrategic$190B$5B (Aug 2026)$25B11,051
San Francisco, Californiawww.databricks.comB2BUsage-Based SaaS, Services & Consulting
FinTechTender$159B(Feb 2026)$8.74B11,141
South San Francisco, Californiawww.stripe.comB2B2CPayment Processing Fee, Subscription SaaS, Usage-Based SaaS
Frontier & Industrial TechPrivate Equity$140B$10B (Jul 2026)$16.46B9,865
Kent, Washingtonwww.blueorigin.comB2GGovernment Contracts, Hardware Sales, Services & Consulting
Mobility, Transportation & LogisticsDebt$126B$5B (Feb 2026)$24.1B3,461
Mountain View, Californiawww.waymo.comB2CUsage-Based SaaS, Services & Consulting, Data as a Service
FinTechTender$115B(Nov 2026)$1.71B13,994
Londonwww.revolut.comB2CPayment Processing Fee, Subscription SaaS, Freemium, Usage-Based SaaS
Frontier & Industrial TechTender$90B$1.3B (Oct 2026)$11.84B3,978
Costa Mesa, Californiawww.anduril.comB2GGovernment Contracts, Hardware Sales, Hardware + Subscription
FinTechSeries G$60B$1.85B (Oct 2026)$4.77B1,844
New York City, New Yorkwww.ramp.comB2BPayment Processing Fee, Freemium, Subscription SaaS, Usage-Based SaaS
AI, Data & Cloud InfrastructureSeries A$51.82B$7.4B (Jun 2026)$7.4B54
Hangzhouwww.deepseek.comB2BUsage-Based SaaS
AI, Data & Cloud InfrastructureEarly Funding$50B$1B (Sep 2026)$1B-
Palo Alto, Californiawww.discoveryloop.comB2BServices & Consulting, Usage-Based SaaS
AI, Data & Cloud InfrastructurePre-IPO / Growth Equity$50B(Oct 2026)$10.33B-
Beijingwww.moonshot.cnB2BUsage-Based SaaS, Subscription SaaS, Services & Consulting
AI, Data & Cloud InfrastructureSeries E$48B$2B (Sep 2026)$3.81B467
San Francisco, Californiawww.cognition.aiB2BUsage-Based SaaS, Subscription SaaS, Services & Consulting
Enterprise SoftwareTender$42B$1.5B (Aug 2025)$562.6M8,763
Sydneywww.canva.comB2BSubscription SaaS, Freemium, Usage-Based SaaS, Marketplace Commission
Frontier & Industrial TechSeries B$41B$12B (Jun 2026)$18.2B-
San Francisco, Californiawww.prometheus.aiB2BServices & Consulting, Government Contracts, Subscription SaaS
AI, Data & Cloud InfrastructureSeries A$41B$1B (Sep 2026)$12B178
San Francisco, Californiawww.thinkingmachines.aiB2BUsage-Based SaaS
FinTechSeries D$40B$1B (Jan 2022)$1.83B1,854
London, Englandwww.checkout.comB2BPayment Processing Fee, Usage-Based SaaS
FinTechGrowth Equity$40B$500M (Nov 2025)$793.5M1,223
San Francisco, Californiawww.ripple.comB2BSubscription SaaS, Usage-Based SaaS, Services & Consulting, Data as a Service
FinTechSeries G$40B$1B (Oct 2026)$3.79B224
New York City, New Yorkwww.kalshi.comB2CMarketplace Commission, Payment Processing Fee, Data as a Service
Frontier & Industrial TechCorporate Funding$39B(Sep 2025)$1.75B682
Sunnyvale, Californiawww.figure.aiB2BHardware + Subscription, Hardware Sales
Consumer & CommerceEquity Financing$38B$1.27B (Dec 2018)$14.05B1,179
Washington D.C.www.juullabs.comB2CUsage-Based SaaS, Hardware Sales
AI, Data & Cloud InfrastructureStrategic$32B$5B (Jul 2026)$8B35
Palo Alto, Californiawww.ssi.incNonprofit or NGOServices & Consulting
AI, Data & Cloud InfrastructureSeries F$30.9B$3.9B (Sep 2026)$6.39B1,261
Denver, Coloradowww.crusoe.aiB2BUsage-Based SaaS, Services & Consulting, Hardware + Subscription
AI, Data & Cloud InfrastructureSeries G$30B$2B (Oct 2026)$4.08B383
San Francisco, Californiawww.baseten.coB2BUsage-Based SaaS, Subscription SaaS

Companies are ranked by the post-money valuation of their most recent disclosed funding round.