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United States
Startups ranked by AI-estimated valuation

The United States’ 100 most valuable startups

Edition 0·Published 29 Oct 2026·Next scheduled update 1 Jan 2027

A quarterly ranking of non-listed American startups that have already raised funds, established by artificial intelligence from public information. The market sets the value; AI models estimate it.

Quarterly Claude · multi-AI consensus from 1 Dec 2026· Method· Order never changed by a human
Listed benchmarks SpaceX · Launch, Starlink satellite internet and AI (xAI, Cursor) · Nasdaq · SPCX · listed in Jun 2026Cerebras Systems · AI chips and systems · Nasdaq · CBRS · listed in May 2026CoreWeave · AI GPU cloud · Nasdaq · CRWVChime · Digital banking · Nasdaq · CHYMNavan · Travel and expense management · Nasdaq · NAVNNetskope · Cloud security · Nasdaq · NTSKWealthfront · Robo-advisor and cash accounts · Nasdaq · WLTHGemini · Crypto exchange · Nasdaq · GEMIFervo Energy · Geothermal power · Nasdaq · FRVO · listed in May 2026X-energy · Advanced nuclear reactors · Nasdaq · XE · listed in Apr 2026BETA Technologies · Electric aircraft and chargers · NYSE · BETALime · Shared e-scooters and e-bikes · Nasdaq · LIME · listed in Jul 2026 Not ranked: no intention is possible on a listed company.
The market at a glance
100companies ranked
57companies on the radar
USD 339.4bnraised in 2025
About 16,700rounds in 2025
US startups raised USD 339.4bn across about 16,700 deals in 2025, the second-highest year on record, with AI taking 65.4% of the value and half of all dollars going to a handful of mega-rounds. In the first nine months of 2026, deal value reached a record USD 515.8bn, driven by OpenAI, Anthropic and other AI labs, while SpaceX, Cerebras and a wave of fintechs listed. Sources: PitchBook-NVCA Venture Monitor (Q4 2025), SiliconANGLE on PitchBook-NVCA Venture Monitor (Q3 2026), Crunchbase News, North American startup funding 2025 (Jan 2026). Intention counters will be shown above a threshold of amount and number of Backers.

National ranking · all sectors

Snapshot29 Oct 2026A snapshot taken on 29 Oct 2026
This ranking shows the startups as they stood on 29 Oct 2026. Funding rounds, valuations and other events announced after that date are not included yet. They will be taken into account in the next edition, scheduled for 1 Jan 2027.
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First edition: no movements yet.
#CompanySub-sectorKnown fundingAI valuationPool of InterestsInterest: a free, non-binding declaration on a company, or on a sector within an area, made during the free phase of a pool.

Pool: all the Interests declared on the same target. This column shows the number of Backers and the combined amount of their tickets, to validated members only.
Terms for Backers →
BackBacking a startup on Uback (pronounced “you back”) can be done in two ways:

Interest · free: a non-binding declaration that signals your demand for a company or a sector. You can move or withdraw it at any time, with up to 5 at once.

Intention · coming soon: a paid, confirmed declaration, still non-binding. Once its pool reaches critical mass, it is presented to a company by a partner desk.

Neither is an order nor a commitment to invest.
Terms for Backers →
1 Anthropic
Run-rate revenue above USD 65bn
AI › foundation models raised
Series H · USD 65bn · May 2026 (Altimeter, Dragoneer, Greenoaks, Sequoia; Google)
Last known equity round: Series H · USD 65bn · May 2026 (Altimeter, Dragoneer, Greenoaks, Sequoia; Google)
Published valuation: USD 965bn (May 2026)
Method
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2 OpenAI
More than 1bn active users and 2M business customers
AI › foundation models raised
Funding round · USD 120bn · Mar 2026 (Amazon, Nvidia, SoftBank)
Last known equity round: Funding round · USD 122bn · Mar 2026 (Amazon, Nvidia, SoftBank)
Published valuation: USD 852bn (Apr 2026)
Method
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3 Stripe Fintech › online payments & acquiring raised
Tender offer · Feb 2026 (Thrive Capital, Coatue, Andreessen Horowitz), at USD 159bn
No equity round with a disclosed amount.
Published valuation: USD 159bn (Feb 2026)
Method
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4 DatabricksSan Francisco · founded 2013
Annualised revenue run rate above USD 5.4bn in Feb 2026; no IPO filing as of mid-2026.
Data › data and AI platform raised
Series L · USD 3bn · Feb 2026
Last known equity round: Series L · USD 3bn · Feb 2026
Published valuation: USD 134bn (Feb 2026)
Method
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5 RampNew York · founded 2019
About 70,000 business customers as of June 2026.
Fintech › spend management USD 4bn+ raised
Funding round · USD 1.9bn · Oct 2026 (Dragoneer Investment Group, Thrive Capital; Founders Fund)
Last known equity round: Funding round · USD 1.9bn · Oct 2026 (Dragoneer Investment Group, Thrive Capital; Founders Fund)
Published valuation: USD 61.9bn (Oct 2026)
Method
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6 AndurilCosta Mesa · founded 2017
Revenue of about USD 2.25bn in 2025, roughly double 2024.
Defence › autonomous weapons systems raised
Series H · USD 5bn · May 2026 (Thrive Capital, Andreessen Horowitz)
Last known equity round: Series H · USD 5bn · May 2026 (Thrive Capital, Andreessen Horowitz)
Published valuation: USD 61bn (May 2026)
Method
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7 Ripple Fintech › blockchain infrastructure raised
Share buyback from investors and employees · USD 750M · Mar 2026, at USD 50bn
Last known equity round: Share buyback (tender offer) · USD 750M · Mar 2026
Published valuation: USD 50bn (Mar 2026)
Method
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8 Cognition AI › coding agents raised
Series E · USD 2bn · Sep 2026 (a16z, Accel, Founders Fund, General Catalyst)
Last known equity round: Series E · USD 2bn · Sep 2026 (a16z, Accel, Founders Fund, General Catalyst)
Published valuation: USD 48bn (Sep 2026)
Method
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9 Thinking Machines Lab
Open-weight Inkling model released (975B parameters)
AI › foundation models raised
Round reported in talks, not closed · USD 5,000M · Nov 2026 (Accel, Nvidia), at about USD 40bn
Last known equity round: Seed · USD 2bn · Jul 2025
Published valuation: USD 40bn (Nov 2026)
Method
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10 KalshiNew York · founded 2018
Regulated by the CFTC as a designated contract market. Valuation up from USD 22bn (Mar 2026); more than 30 million registered users.
Fintech › prediction markets USD 2.5bn+ raised
Series G · USD 1bn · Oct 2026 (Sequoia Capital, Wellington Management; Baillie Gifford, Coatue, Andreessen Horowitz, Morgan Stanley, CapitalG)
Last known equity round: Series G · USD 1bn · Oct 2026 (Sequoia Capital, Wellington Management; Baillie Gifford, Coatue, Andreessen Horowitz, Morgan Stanley, CapitalG)
Published valuation: USD 40bn (Oct 2026)
Method
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11 Figure AI
Figure 02 supported production of 30,000+ BMW X3s at Spartanburg; Figure 03 in BMW logistics since mid-2026
Deeptech › humanoid robots raised
Series C · USD 1bn · Sep 2025 (Parkway Venture Capital; Nvidia, Intel Capital, Brookfield)
Last known equity round: Series C · USD 1bn · Sep 2025 (Parkway Venture Capital; Nvidia, Intel Capital, Brookfield)
Published valuation: USD 39bn (Sep 2025)
Method
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12 Safe Superintelligence (SSI)
Strategic investment and compute partnership with Nvidia
AI › foundation models raised
Growth round · USD 2bn · Apr 2025 (Greenoaks, Alphabet, Nvidia)
Last known equity round: Growth round · USD 2bn · Apr 2025 (Greenoaks, Alphabet, Nvidia)
Published valuation: USD 32bn (Apr 2025)
Method
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13 CrusoeDenver · founded 2018
Prior round: USD 1.38bn at USD 10bn in Oct 2025.
AI › data centres and GPU cloud raised
Series F · USD 3.9bn · Sep 2026 (Atreides Management, Mubadala Capital, Valor Equity Partners; Founders Fund, Nvidia, GIC, QIA)
Last known equity round: Series F · USD 3.9bn · Sep 2026 (Atreides Management, Mubadala Capital, Valor Equity Partners; Founders Fund, Nvidia, GIC, QIA)
Published valuation: USD 30.9bn (Sep 2026)
Method
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14 Perplexity
Annualised revenue above USD 750M
AI › consumer assistants raised
Funding round · USD 200M · Sep 2025 (Nvidia, SoftBank Vision Fund 2, IVP, NEA)
Last known equity round: Funding round · USD 200M · Sep 2025 (Nvidia, SoftBank Vision Fund 2, IVP, NEA)
Published valuation: USD 20bn (Sep 2025)
Method
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15 Scale AISan Francisco · founded 2016
Founder Alexandr Wang left to join Meta in June 2025; Meta holds a 49% non-voting stake.
AI › training data and evaluation raised
Strategic investment · USD 14.3bn for 49% (non-voting) · Jun 2025 (Meta), at USD 29bn
Last known equity round: Strategic (Meta) · USD 14.3bn · Jun 2025 (Meta)
Published valuation: USD 29bn (Jun 2025)
Method
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16 Reflection AI
No frontier open-weight model released yet
AI › foundation models raised
Funding round · USD 2.5bn · Apr 2026 (Nvidia, Sequoia, Lightspeed, DST)
Last known equity round: Funding round · USD 2.5bn · Apr 2026 (Nvidia, Sequoia, Lightspeed, DST)
Published valuation: USD 27.5bn (Apr 2026)
Method
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17 Zipline
More than 2.5 million commercial deliveries; Walmart, Chipotle and Uber partnerships
Deeptech › drones raised
Growth round · USD 1.5bn · Nov 2026 (Paradigm, WCM Investment Management, Layer Global, Valor Equity Partners, Fidelity Management & Research Company, Uber, Tiger Global, J.P. Morgan, ARK Invest, Salesforce Ventures), at USD 21.5bn
Last known equity round: Growth round · USD 1.5bn · Nov 2026 (Paradigm, WCM Investment Management, Layer Global, Valor Equity Partners, Fidelity Management & Research Company, Uber, Tiger Global, J.P. Morgan, ARK Invest, Salesforce Ventures)
Published valuation: USD 21.5bn (Nov 2026)
Method
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18 Deel Software › payroll raised
Series E · USD 300M · Oct 2025 (Ribbit Capital, Andreessen Horowitz)
Last known equity round: Series E · USD 300M · Oct 2025 (Ribbit Capital, Andreessen Horowitz)
Published valuation: USD 17.3bn (Oct 2025)
Method
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19 PolymarketNew York · founded 2020
Intercontinental Exchange, owner of the NYSE, is the largest shareholder.
Crypto › prediction markets USD 3bn+ raised
Funding round · USD 1bn · Sep 2026 (1789 Capital; Intercontinental Exchange)
Last known equity round: Funding round · USD 1bn · Sep 2026 (1789 Capital; Intercontinental Exchange)
Published valuation: USD 21bn (Sep 2026)
Method
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20 Whatnot
Live GMV above USD 8bn in 2025; 1 billion total orders passed in June 2026
Consumer › general marketplaces raised
Series G · USD 540M · Aug 2026 (ICONIQ, Lightspeed Venture Partners, Avra, Kleiner Perkins)
Last known equity round: Series G · USD 545M · Aug 2026 (ICONIQ, Lightspeed Venture Partners, Avra, Kleiner Perkins)
Published valuation: USD 20bn (Aug 2026)
Method
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21 Shield AI
Revenue projected above USD 540M in 2026 (+80%)
Deeptech › drones raised
Series G · USD 1.5bn · Mar 2026 (Advent International, JPMorganChase; Blackstone)
Last known equity round: Series G · USD 1.5bn · Mar 2026 (Advent International, JPMorganChase; Blackstone)
Published valuation: USD 12.7bn (Mar 2026)
Method
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22 Rippling Software › payroll raised
Series G · USD 450M · May 2025 (Dragoneer Investment Group)
Last known equity round: Series G · USD 450M · May 2025 (Dragoneer Investment Group)
Published valuation: USD 16.8bn (May 2025)
Method
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23 Fireworks AIRedwood City · founded 2022 AI › model inference platform raised
Series D · USD 1.5bn · Jul 2026 (Atreides Management, Index Ventures, TCV; Lightspeed, Nvidia, 20VC, Bessemer)
Last known equity round: Series D · USD 1.5bn · Jul 2026 (Atreides Management, Index Ventures, TCV; Lightspeed, Nvidia, 20VC, Bessemer)
Published valuation: USD 17.5bn (Jul 2026)
Method
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24 Kraken Fintech › crypto exchanges raised
Equity round · USD 800M · Nov 2025 (Citadel Securities)
Last known equity round: Equity round · USD 800M · Nov 2025 (Citadel Securities)
Published valuation: USD 20bn (Nov 2025)
Method
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25 Devoted HealthWaltham · founded 2017 Healthtech › Medicare Advantage insurer and provider USD 2.5bn+ raised
Series F · USD 370M · Feb 2026 (The Space Between; Andreessen Horowitz, Centricus, Franklin Templeton, General Catalyst)
Last known equity round: Series F · USD 366M · Feb 2026 (The Space Between; Andreessen Horowitz, Centricus, Franklin Templeton, General Catalyst)
Published valuation: USD 16bn (Feb 2026)
Method
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26 falSan Francisco AI › generative media platform raised
Not stated · USD 1.3bn · Nov 2026 (Bessemer Venture Partners, NVIDIA, Sound Ventures, HOF Capital, T. Rowe Price Group), at USD 16bn
Last known equity round: Not stated · USD 1.3bn · Nov 2026 (Bessemer Venture Partners, NVIDIA, Sound Ventures, HOF Capital, T. Rowe Price Group)
Published valuation: USD 16bn (Nov 2026)
Method
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27 Harvey
Annual recurring revenue above USD 400M; more than 3,000 customer organisations
AI › enterprise agents raised
Growth round · USD 550M · Sep 2026 (Lightspeed Venture Partners, Diffusion; Sequoia, Kleiner Perkins, a16z, Coatue)
Last known equity round: Growth round · USD 550M · Sep 2026 (Lightspeed Venture Partners, Diffusion; Sequoia, Kleiner Perkins, a16z, Coatue)
Published valuation: USD 15.6bn (Sep 2026)
Method
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28 Helion Energy
Polaris ran on D-T fuel at 150M°C; 50 MW Orion plant under construction for Microsoft (PPA targeting 2028)
Climate › fusion & advanced nuclear raised
Series G · USD 460M · Jun 2026 (Thrive Capital; Lux Capital, Alta Park)
Last known equity round: Series G · USD 465M · Jun 2026 (Thrive Capital; Lux Capital, Alta Park)
Published valuation: USD 15.5bn (Jun 2026)
Method
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29 Commonwealth Fusion Systems
SPARC tokamak about 80% assembled, targeting Q>1 in 2027; PPAs with Google (200 MW) and Eni for its ARC plant
Climate › fusion & advanced nuclear raised
Equity round · USD 1bn · Jul 2026
Last known equity round: Equity round · USD 1bn · Jul 2026Method Be the first Back
30 Sierra
ARR of USD 150M in Feb 2026 (company)
Software › AI contact centers raised
Growth round · USD 950M · May 2026 (Tiger Global, GV)
Last known equity round: Growth round · USD 950M · May 2026 (Tiger Global, GV)
Published valuation: USD 15bn (May 2026)
Method
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31 OpenEvidence Healthtech › clinical software raised
Equity round · USD 250M · Sep 2026 (Andreessen Horowitz, Byers Capital)
Last known equity round: Equity round · USD 250M · Sep 2026 (Andreessen Horowitz, Byers Capital)
Published valuation: USD 15bn (Sep 2026)
Method
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32 ClickHouseSan Francisco · founded 2021
Acquired Langfuse, an LLM observability tool, alongside the round.
Data › analytical database raised
Series D · USD 400M · Jan 2026 (Dragoneer; Bessemer, GIC, Index Ventures, Khosla Ventures)
Last known equity round: Series D · USD 400M · Jan 2026 (Dragoneer; Bessemer, GIC, Index Ventures, Khosla Ventures)
Published valuation: USD 15bn (Jan 2026)
Method
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33 Applied IntuitionMountain View · founded 2017 AI › autonomy software for vehicles and defence raised
Series F · USD 600M · Jun 2025 (BlackRock, Kleiner Perkins; Franklin Templeton, Qatar Investment Authority)
Last known equity round: Series F · USD 600M · Jun 2025 (BlackRock, Kleiner Perkins; Franklin Templeton, Qatar Investment Authority)
Published valuation: USD 15bn (Jun 2025)
Method
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34 Skild AIPittsburgh · founded 2023 AI › robotics foundation models raised
Series C · USD 1.4bn · Jan 2026 (SoftBank Group; NVentures, Macquarie Capital, Bezos Expeditions, Lightspeed)
Last known equity round: Series C · USD 1.4bn · Jan 2026 (SoftBank Group; NVentures, Macquarie Capital, Bezos Expeditions, Lightspeed)
Published valuation: USD 14bn (Jan 2026)
Method
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35 BasetenSan Francisco · founded 2019 AI › model inference platform raised
Series F · USD 1.5bn · Jun 2026 (Altimeter Capital, Conviction, Spark Capital; Sands Capital, Wellington, IVP, Greylock)
Last known equity round: Series F · USD 1.5bn · Jun 2026 (Altimeter Capital, Conviction, Spark Capital; Sands Capital, Wellington, IVP, Greylock)
Published valuation: USD 13bn (Jun 2026)
Method
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36 CastelionEl Segundo · founded 2023
More than USD 500M in military contracts over 18 months; DoD deal for about 500 missiles a year.
Defence › hypersonic missiles USD 2bn+ raised (incl. debt?) raised
Series C · USD 800M · Aug 2026 (JPMorgan Strategic Investment Group, Andreessen Horowitz, Carlyle; Interlagos Capital, Lightspeed, Lavrock Ventures, General Catalyst)
Last known equity round: Series C · USD 800M · Aug 2026 (JPMorgan Strategic Investment Group, Andreessen Horowitz, Carlyle; Interlagos Capital, Lightspeed, Lavrock Ventures, General Catalyst)
Published valuation: USD 13bn (Aug 2026)
Method
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37 Base PowerAustin · founded 2023
Battery fleet above 500 MWh; utility partnerships with El Paso Electric, Austin Energy and CoServ.
Energy › home batteries and virtual power plants USD 2.3bn+ raised
Series D · USD 1bn · Aug 2026 (Ribbit Capital, Addition, Valor Equity Partners, JPMorgan Strategic Investment Group; Altimeter, D1, Sands Capital, Coatue)
Last known equity round: Series D · USD 1bn · Aug 2026 (Ribbit Capital, Addition, Valor Equity Partners, JPMorgan Strategic Investment Group; Altimeter, D1, Sands Capital, Coatue)
Published valuation: USD 13bn (Aug 2026)
Method
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38 NinjaOneAustin · founded 2013
Nearly 40,000 customers; nearly 70% year-on-year growth in 2025.
Enterprise software › IT management USD 1bn+ raised
Series C · USD 500M · Feb 2025 (ICONIQ Growth, CapitalG; Frank Slootman)
Last known equity round: Series C · USD 500M · Feb 2025 (ICONIQ Growth, CapitalG; Frank Slootman)
Published valuation: USD 12.3bn (Jun 2026)
Method
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39 Gusto Software › payroll raised
Series E · USD 180M · Aug 2021 (Fidelity)
Last known equity round: Series E · USD 175M · Aug 2021 (Fidelity)
Published valuation: USD 9.3bn (Jun 2025)
Method
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40 NotionSan Francisco · founded 2013
Annual recurring revenue above USD 500M in late 2025.
Software › productivity workspace USD 330M raised
Series C · USD 280M · Oct 2021 (Coatue, Sequoia Capital)
Last known equity round: Series C · USD 275M · Oct 2021 (Coatue, Sequoia Capital)
Published valuation: USD 11bn (Dec 2025)
Method
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41 Bilt Rewards
Expects over USD 100bn of housing payments processed in 2026
Proptech › rentals raised
Growth round · USD 250M · Jul 2025 (General Catalyst, GID; United Wholesale Mortgage)
Last known equity round: Growth round · USD 250M · Jul 2025 (General Catalyst, GID; United Wholesale Mortgage)
Published valuation: USD 10.8bn (Jul 2025)
Method
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42 Replit AI › coding agents raised
Series D · USD 400M · Mar 2026 (Georgian; G Squared, Prysm, Andreessen Horowitz)
Last known equity round: Series D · USD 400M · Mar 2026 (Georgian; G Squared, Prysm, Andreessen Horowitz)
Published valuation: USD 9bn (Mar 2026)
Method
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43 SupabaseSan Francisco · founded 2020
Over 60% of new databases are created by AI agents (company statement).
Developer tools › backend-as-a-service raised
Series F · USD 500M · Jun 2026 (GIC; Accel, Y Combinator, Craft, Felicis)
Last known equity round: Series F · USD 500M · Jun 2026 (GIC; Accel, Y Combinator, Craft, Felicis)
Published valuation: USD 10.5bn (Jun 2026)
Method
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44 Quince
Revenue topped USD 1bn in 2025
Consumer › fashion raised
Series E · USD 500M · Mar 2026 (ICONIQ Capital; Basis Set Ventures, Wellington Management)
Last known equity round: Series E · USD 500M · Mar 2026 (ICONIQ Capital; Basis Set Ventures, Wellington Management)
Published valuation: USD 10.1bn (Mar 2026)
Method
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45 WhoopBoston · founded 2012
USD 1.1bn annualised revenue run rate at end-2025; more than 2.5 million members; cash-flow positive in 2025.
Healthtech › wearables and health monitoring USD 950M+ raised
Series G · USD 580M · Mar 2026 (Collaborative Fund; Qatar Investment Authority, Mubadala, 2PointZero, Macquarie Capital)
Last known equity round: Series G · USD 575M · Mar 2026 (Collaborative Fund; Qatar Investment Authority, Mubadala, 2PointZero, Macquarie Capital)
Published valuation: USD 10.1bn (Mar 2026)
Method
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46 Instinct
Invite-only service launched; no mobile app yet
AI › consumer assistants raised
Series C · USD 1bn · Sep 2026 (Sequoia, Benchmark, Coatue)
Last known equity round: Series C · USD 1bn · Sep 2026 (Sequoia, Benchmark, Coatue)
Published valuation: USD 10bn (Sep 2026)
Method
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47 MercorSan Francisco · founded 2023
Annualised billings of about USD 2bn in mid-2026, before contractor payouts.
AI › expert data for model training raised
Series C · USD 350M · Oct 2025 (Felicis; Benchmark, General Catalyst, Robinhood Ventures)
Last known equity round: Series C · USD 350M · Oct 2025 (Felicis; Benchmark, General Catalyst, Robinhood Ventures)
Published valuation: USD 10bn (Oct 2025)
Method
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48 Vercel Cloud › hosting raised
Series F · USD 300M · Sep 2025 (Accel, GIC)
Last known equity round: Series F · USD 300M · Sep 2025 (Accel, GIC)
Published valuation: USD 9.3bn (Sep 2025)
Method
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49 SaronicAustin · founded 2022
Holds a USD 392M production contract with the US Navy.
Defence › autonomous naval vessels raised
Series D · USD 1.8bn · Mar 2026 (Kleiner Perkins; Advent International, Bessemer, DFJ Growth, BAM Elevate)
Last known equity round: Series D · USD 1.8bn · Mar 2026 (Kleiner Perkins; Advent International, Bessemer, DFJ Growth, BAM Elevate)
Published valuation: USD 9.2bn (Mar 2026)
Method
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50 Wonder
135 food halls across 10 East Coast states (Jul 2026)
Food › food delivery raised
Series D · USD 650M · Jul 2026 (Accel, GV, NEA, AllianceBernstein)
Last known equity round: Series D · USD 650M · Jul 2026 (Accel, GV, NEA, AllianceBernstein)
Published valuation: USD 9bn (Jul 2026)
Method
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51 NeuralinkFremont · founded 2016 Medtech › brain-computer interfaces raised
Series E · USD 650M · Jun 2025 (ARK Invest; Founders Fund, Sequoia Capital, Thrive Capital, Lightspeed)
Last known equity round: Series E · USD 650M · Jun 2025 (ARK Invest; Founders Fund, Sequoia Capital, Thrive Capital, Lightspeed)
Published valuation: USD 9bn (Jun 2025)
Method
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52 CloudKitchens Food › food delivery raised
Growth round · USD 1.7bn · Jul 2026 (Andreessen Horowitz, Uber, Bain Capital, Fifth Wall)
Last known equity round: Growth round · USD 1.7bn · Jul 2026 (Andreessen Horowitz, Uber, Bain Capital, Fifth Wall)Method Be the first Back
53 GopuffPhiladelphia · founded 2013
Runs its own dark-store network; down round in November 2025.
Food › quick commerce USD 3bn+ raised
Late-stage round · USD 250M · Nov 2025 (Eldridge Industries, Valor Equity Partners; Baillie Gifford, Yakir Gabay, George Ruan, co-founders)
Last known equity round: Late-stage round · USD 250M · Nov 2025 (Eldridge Industries, Valor Equity Partners; Baillie Gifford, Yakir Gabay, George Ruan, co-founders)
Published valuation: USD 8.5bn (Nov 2025)
Method
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54 Together AISan Francisco · founded 2022 AI › AI cloud and inference USD 1.3bn+ raised
Series C · USD 800M · Jul 2026 (Aramco Ventures; Nvidia, Vista Equity Partners, General Catalyst, Emergence Capital)
Last known equity round: Series C · USD 800M · Jul 2026 (Aramco Ventures; Nvidia, Vista Equity Partners, General Catalyst, Emergence Capital)
Published valuation: USD 8.3bn (Jul 2026)
Method
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55 Flock SafetyAtlanta · founded 2017
Cameras deployed in more than 5,000 US communities (company figure, 2025).
Security › public safety technology USD 900M+ raised
Series F · USD 280M · Mar 2025 (Andreessen Horowitz; Greenoaks, Bedrock, Founders Fund)
Last known equity round: Series F · USD 275M · Mar 2025 (Andreessen Horowitz; Greenoaks, Bedrock, Founders Fund)
Published valuation: USD 8.3bn (Aug 2026)
Method
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56 PlaidSan Francisco · founded 2013
Connects thousands of fintech apps to bank accounts in the US, Canada and Europe.
Fintech › open banking infrastructure USD 1.3bn raised
Common stock round · USD 580M · Apr 2025 (Franklin Templeton; Fidelity, BlackRock, NEA)
Last known equity round: Common stock round · USD 575M · Apr 2025 (Franklin Templeton; Fidelity, BlackRock, NEA)
Published valuation: USD 8bn (Feb 2026)
Method
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57 CohesitySanta Clara · founded 2013
Annual revenue about USD 1.7bn; IPO targeted for 2026.
Cybersecurity › data security and backup USD 1.96bn raised
Equity financing with Veritas combination · amount undisclosed · Dec 2024 (Carlyle; SoftBank, Nvidia, IBM)
No equity round with a disclosed amount.
Published valuation: USD 8bn (Apr 2025)
Method
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58 LambdaSan Jose · founded 2012
Order backlog of USD 50bn in Sept 2026; listing targeted for 2027.
AI › GPU cloud raised
Series E · USD 1.5bn · Nov 2025 (TWG Global; US Innovative Technology Fund)
Last known equity round: Series E · USD 1.5bn · Nov 2025 (TWG Global; US Innovative Technology Fund)Method Be the first Back
59 iCapitalNew York · founded 2013
About USD 945bn in assets serviced globally (July 2025).
Fintech › alternative investments platform USD 1.5bn+ raised
Funding round · USD 820M · Jul 2025 (T. Rowe Price, SurgoCap Partners)
Last known equity round: Funding round · USD 820M · Jul 2025 (T. Rowe Price, SurgoCap Partners)
Published valuation: USD 7.5bn (Jul 2025)
Method
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60 UpgradeSan Francisco · founded 2017
Founded by Renaud Laplanche, co-founder of LendingClub.
Fintech › consumer lending USD 750M+ raised
Funding round · USD 160M · Oct 2025 (Neuberger Berman; Ribbit Capital, Coatue, Silver Lake)
Last known equity round: Funding round · USD 165M · Oct 2025 (Neuberger Berman; Ribbit Capital, Coatue, Silver Lake)
Published valuation: USD 7.3bn (Oct 2025)
Method
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61 Glean
Annual recurring revenue passed USD 300M
AI › enterprise agents raised
Series F · USD 150M · Jun 2025 (Wellington Management; Khosla Ventures, Sequoia, Kleiner Perkins, Lightspeed)
Last known equity round: Series F · USD 150M · Jun 2025 (Wellington Management; Khosla Ventures, Sequoia, Kleiner Perkins, Lightspeed)
Published valuation: USD 7.2bn (Jun 2025)
Method
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62 ClayNew York · founded 2017 Software › sales data and automation raised
Series D · USD 120M · Sep 2026 (Wellington Management; Sequoia, StepStone, a16z Perennial, Meritech)
Last known equity round: Series D · USD 115M · Sep 2026 (Wellington Management; Sequoia, StepStone, a16z Perennial, Meritech)
Published valuation: USD 7.1bn (Sep 2026)
Method
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63 Commure Healthtech › clinical software raised
Equity round · USD 70M · May 2026 (General Catalyst; Sequoia Capital, Morgan Stanley)
Last known equity round: Equity round · USD 70M · May 2026 (General Catalyst; Sequoia Capital, Morgan Stanley)
Published valuation: USD 7bn (May 2026)
Method
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64 Poolside AI › coding agents raised
Series B · USD 500M · Oct 2024 (Bain Capital Ventures; DST Global, eBay, Nvidia)
Last known equity round: Series B · USD 500M · Oct 2024 (Bain Capital Ventures; DST Global, eBay, Nvidia)
Published valuation: USD 12bn (Aug 2026)
Method
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65 PsiQuantum
USD 125M agreement with a US defence research agency (Jul 2026)
Deeptech › quantum computers raised
Series E · USD 1bn · Sep 2025 (BlackRock, Temasek, Baillie Gifford; NVentures, Macquarie, Qatar Investment Authority)
Last known equity round: Series E · USD 1bn · Sep 2025 (BlackRock, Temasek, Baillie Gifford; NVentures, Macquarie, Qatar Investment Authority)
Published valuation: USD 7bn (Sep 2025)
Method
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66 K2 SpaceTorrance · founded 2022 Space › satellite manufacturing raised
Series D · USD 500M · Jul 2026 (Kleiner Perkins, ICONIQ; Lightspeed, CapitalG)
Last known equity round: Series D · USD 500M · Jul 2026 (Kleiner Perkins, ICONIQ; Lightspeed, CapitalG)
Published valuation: USD 6.8bn (Jul 2026)
Method
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67 Abridge Healthtech › clinical software raised
Series E extension · USD 320M · Apr 2026 (Andreessen Horowitz; Nvidia, Khosla Ventures)
Last known equity round: Series E extension · USD 316M · Apr 2026 (Andreessen Horowitz; Nvidia, Khosla Ventures)Method Be the first Back
68 Flapping Airplanes AI › foundation models raised
Series A · USD 1bn · Oct 2026 (Index Ventures, Lux Capital; Sequoia, GV, Kleiner Perkins, Nvidia)
Last known equity round: Series A · USD 1bn · Oct 2026 (Index Ventures, Lux Capital; Sequoia, GV, Kleiner Perkins, Nvidia)
Published valuation: USD 6bn (Oct 2026)
Method
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69 Valar Atomics
Ward 250 gas-cooled reactor reached criticality in Utah; 30 MW development deal with Nvidia
Climate › fusion & advanced nuclear raised
Series B · USD 1bn · Aug 2026 (Sequoia; Atreides, Point72, Valor, Snowpoint)
Last known equity round: Series B · USD 1bn · Aug 2026 (Sequoia; Atreides, Point72, Valor, Snowpoint)
Published valuation: USD 6bn (Aug 2026)
Method
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70 Altos Labs Healthtech › gene & cell therapies raised
Series C · amount undisclosed · Feb 2024; launched in 2022 with USD 3bn
No equity round with a disclosed amount.
Published valuation: USD 6.3bn (Feb 2024)
Method
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71 Redwood Materials
Processed more than 20 GWh of lithium-ion batteries in 2024; launched an energy storage business in 2025
Climate › recycling raised
Series E · USD 420M · Jan 2026 (Eclipse; NVentures, Google, Capricorn, Goldman Sachs Alternatives)
Last known equity round: Series E · USD 425M · Jan 2026 (Eclipse; NVentures, Google, Capricorn, Goldman Sachs Alternatives)
Published valuation: USD 6bn (Jan 2026)
Method
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72 NuroMountain View · founded 2016 Mobility › self-driving software licensing raised
Series E · USD 200M · Aug 2025 (Baillie Gifford, Icehouse Ventures; Uber)
Last known equity round: Series E · USD 203M · Aug 2025 (Baillie Gifford, Icehouse Ventures; Uber)
Published valuation: USD 6bn (Aug 2025)
Method
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73 VerkadaSan Mateo · founded 2016
More than 30,000 organisations use its products (company figure, 2025).
Security › cloud physical security USD 700M+ raised
Series E · USD 200M · Feb 2025 (General Catalyst; Eclipse, Linse Capital, Next Play Ventures)
Last known equity round: Series E · USD 200M · Feb 2025 (General Catalyst; Eclipse, Linse Capital, Next Play Ventures)
Published valuation: USD 5.8bn (Dec 2025)
Method
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74 Cityblock HealthBrooklyn · founded 2017 Healthtech › value-based care for underserved populations raised
Series E · USD 190M · Oct 2025 (Redpoint Ventures, 8VC, Maverick Ventures)
Last known equity round: Series E · USD 192M · Oct 2025 (Redpoint Ventures, 8VC, Maverick Ventures)
Published valuation: USD 5.7bn (Oct 2025)
Method
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75 Physical IntelligenceSan Francisco · founded 2024 AI › robotics foundation models USD 1bn+ raised
Series B · USD 600M · Nov 2025 (CapitalG; Thrive Capital, Lux Capital, Jeff Bezos, Redpoint)
Last known equity round: Series B · USD 600M · Nov 2025 (CapitalG; Thrive Capital, Lux Capital, Jeff Bezos, Redpoint)
Published valuation: USD 5.6bn (Nov 2025)
Method
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76 Consensys Fintech › blockchain infrastructure raised
Series D · USD 450M · Mar 2022 (ParaFi Capital)
Last known equity round: Series D · USD 450M · Mar 2022 (ParaFi Capital)
Published valuation: USD 7bn (Mar 2022)
Method
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77 Vuori Consumer › fashion raised
Growth round · USD 400M · Oct 2021 (SoftBank Vision Fund)
Last known equity round: Growth round · USD 400M · Oct 2021 (SoftBank Vision Fund)
Published valuation: USD 5.5bn (Nov 2024)
Method
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78 Ro Healthtech › telemedicine raised
Equity round · USD 150M · Feb 2022 (ShawSpring Partners; General Catalyst, FirstMark Capital)
Last known equity round: Equity round · USD 150M · Feb 2022 (ShawSpring Partners; General Catalyst, FirstMark Capital)
Published valuation: USD 7bn (Feb 2022)
Method
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79 LumilensSan Jose Semiconductors › photonics chips raised
Series C · USD 700M · Aug 2026 (Atreides Management, Bain Capital Ventures, Meritech Capital, Seligman Ventures)
Last known equity round: Series C · USD 700M · Aug 2026 (Atreides Management, Bain Capital Ventures, Meritech Capital, Seligman Ventures)
Published valuation: USD 5.5bn (Aug 2026)
Method
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80 Suno
USD 300M+ revenue and 2M paid subscribers
AI › voice & audio raised
Series D · USD 400M · Jun 2026 (Bond Capital; IVP, Forerunner, Union Square Ventures, Alkeon Capital)
Last known equity round: Series D · USD 400M · Jun 2026 (Bond Capital; IVP, Forerunner, Union Square Ventures, Alkeon Capital)
Published valuation: USD 5.4bn (Jun 2026)
Method
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81 HiggsfieldSan Francisco · founded 2023
Annualised revenue of USD 700M and more than 30 million users (Aug 2026, company figures).
Media › AI video generation raised
Series B · USD 400M · Aug 2026 (DST Global; Tribe Capital, Goldman Sachs Alternatives, Smash Capital, Fifth Wall)
Last known equity round: Series B · USD 400M · Aug 2026 (DST Global; Tribe Capital, Goldman Sachs Alternatives, Smash Capital, Fifth Wall)
Published valuation: USD 5.4bn (Aug 2026)
Method
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82 RunwayNew York · founded 2018 AI › video generation raised
Series E · USD 320M · Feb 2026 (General Atlantic; Nvidia, Adobe Ventures, AllianceBernstein, AMD Ventures)
Last known equity round: Series E · USD 315M · Feb 2026 (General Atlantic; Nvidia, Adobe Ventures, AllianceBernstein, AMD Ventures)
Published valuation: USD 5.3bn (Feb 2026)
Method
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83 Mercury Fintech › business accounts raised
Series D · USD 200M · May 2026 (TCV)
Last known equity round: Series D · USD 200M · May 2026 (TCV)
Published valuation: USD 5.2bn (May 2026)
Method
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84 Faire
450,000+ retailers and 70,000+ brands on the marketplace (May 2022)
Consumer › general marketplaces raised
Series G (incl. extension) · USD 820M · May 2022 (Durable Capital Partners, D1 Capital Partners, Dragoneer)
Last known equity round: Series G (incl. extension) · USD 816M · May 2022 (Durable Capital Partners, D1 Capital Partners, Dragoneer)
Published valuation: USD 5.2bn (Nov 2025)
Method
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85 Socure Cybersecurity › identity management raised
Growth (primary and secondary) · USD 160M · Aug 2026 (Summit Partners; Goldman Sachs Alternatives, Wells Fargo, Docusign)
Last known equity round: Growth (primary and secondary) · USD 156M · Aug 2026 (Summit Partners; Goldman Sachs Alternatives, Wells Fargo, Docusign)
Published valuation: USD 5.2bn (Aug 2026)
Method
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86 Stoke Space
Fully reusable Nova rocket; first orbital launch targeted early 2027
Deeptech › launchers raised
Series E · USD 1bn · Sep 2026 (Point72 Ventures, Spark Capital; General Innovation, Glade Brook Capital, Woven Capital, Y Combinator)
Last known equity round: Series E · USD 1bn · Sep 2026 (Point72 Ventures, Spark Capital; General Innovation, Glade Brook Capital, Woven Capital, Y Combinator)Method Be the first Back
87 World LabsSan Francisco · founded 2024
Ships Marble, a 3D world generation product.
AI › world models raised
Series E · USD 1bn · Feb 2026 (AMD, Nvidia, Autodesk, Emerson Collective)
Last known equity round: Series E · USD 1bn · Feb 2026 (AMD, Nvidia, Autodesk, Emerson Collective)Method Be the first Back
88 Whop
18.4M+ users; participants earn USD 3bn a year
Media › creator tools raised
Series D · USD 200M · Oct 2026 (Sequoia Capital; Shopify Ventures, Insight Partners, Bain Capital Ventures, Peter Thiel)
Last known equity round: Series D · USD 205M · Oct 2026 (Sequoia Capital; Shopify Ventures, Insight Partners, Bain Capital Ventures, Peter Thiel)
Published valuation: USD 5.1bn (Oct 2026)
Method
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89 Tempo Fintech › blockchain infrastructure raised
Series A · USD 500M · Oct 2025 (led by Thrive Capital and Greenoaks)
Last known equity round: Series A · USD 500M · Oct 2025 (led by Thrive Capital and Greenoaks)
Published valuation: USD 5bn (Oct 2025)
Method
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90 Factory AI › coding agents raised
Growth round · USD 200M · Sep 2026 (Blackstone, Khosla Ventures, Sequoia, Insight Partners)
Last known equity round: Growth round · USD 200M · Sep 2026 (Blackstone, Khosla Ventures, Sequoia, Insight Partners)
Published valuation: USD 5bn (Sep 2026)
Method
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91 Skims
Expected to exceed USD 1bn in net sales in 2025
Consumer › fashion raised
Growth round · USD 220M · Nov 2025 (Goldman Sachs Alternatives; BDT & MSD Partners)
Last known equity round: Growth round · USD 225M · Nov 2025 (Goldman Sachs Alternatives; BDT & MSD Partners)
Published valuation: USD 5bn (Nov 2025)
Method
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92 Apptronik
Apollo deployed with Mercedes-Benz, GXO and Jabil
Deeptech › humanoid robots raised
Series A extension (Series A above USD 935M) · USD 520M · Feb 2026 (B Capital, Google, Mercedes-Benz, PEAK6; AT&T Ventures, John Deere, QIA)
Last known equity round: Series A extension (Series A above USD 935M) · USD 520M · Feb 2026 (B Capital, Google, Mercedes-Benz, PEAK6; AT&T Ventures, John Deere, QIA)
Published valuation: USD 5bn (Feb 2026)
Method
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93 EtchedSan Jose · founded 2022 AI › AI chips about USD 1bn raised
Series B · USD 500M · Jan 2026 (Stripes)
Last known equity round: Series B · USD 500M · Jan 2026 (Stripes)
Published valuation: USD 5bn (Jan 2026)
Method
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94 PositronReno · founded 2023 AI › AI inference chips raised
Series C · USD 880M · Sep 2026 (NEA, Atreides Management, Valor Equity Partners, Andra Capital; Jim Clark)
Last known equity round: Series C · USD 875M · Sep 2026 (NEA, Atreides Management, Valor Equity Partners, Andra Capital; Jim Clark)
Published valuation: USD 5bn (Sep 2026)
Method
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95 Source FoundrySan Francisco Semiconductors › semiconductor manufacturing equipment raised
Growth round · USD 400M · Aug 2026 (Situational Awareness)
Last known equity round: Growth round · USD 400M · Aug 2026 (Situational Awareness)
Published valuation: USD 5bn (Aug 2026)
Method
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96 FlexportSan Francisco · founded 2013
Shopify holds a stake after selling its logistics unit to Flexport in 2023.
Logistics › digital freight forwarding USD 2bn+ raised
Series E · USD 940M · Feb 2022 (Andreessen Horowitz, MSD Partners)
Last known equity round: Series E · USD 935M · Feb 2022 (Andreessen Horowitz, MSD Partners)
Published valuation: USD 8bn (Feb 2022)
Method
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97 RoktNew York · founded 2012
Revenue of USD 600M (+43%) reported in January 2025.
Commerce › checkout ad network raised
Equity and secondary round · Sep 2025 (Square Peg, TDM Growth Partners, Wellington), at about AUD 7.2bn
No equity round with a disclosed amount.
Published valuation: USD 4.8bn (Sep 2025)
Method
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98 Recursive Superintelligence
Emerged from stealth with more than USD 650M raised
AI › foundation models raised
Funding round · USD 650M · May 2026 (GV, Greycroft; Nvidia, AMD)
Last known equity round: Funding round · USD 650M · May 2026 (GV, Greycroft; Nvidia, AMD)
Published valuation: USD 4.7bn (May 2026)
Method
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99 ModalNew York · founded 2021
Annualised revenue of about USD 300M in May 2026.
AI › serverless GPU cloud raised
Series C · USD 360M · May 2026 (Redpoint Ventures, General Catalyst; Accel, Menlo Ventures)
Last known equity round: Series C · USD 355M · May 2026 (Redpoint Ventures, General Catalyst; Accel, Menlo Ventures)
Published valuation: USD 4.7bn (May 2026)
Method
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100 Pacific Fusion
Pulser reached over 440 GW peak power; targets net facility gain in 2030
Climate › fusion & advanced nuclear raised
Series A · USD 900M · Oct 2024 (General Catalyst)
Last known equity round: Series A · USD 900M · Oct 2024 (General Catalyst)Method Be the first Back

Back · Backing on Uback (pronounced “you back”) means declaring an Interest (free) or an Intention (coming soon). Backing does not mean that this company is raising funds or that a shareholder is selling shares, and it is not a commitment to invest. Any deal, through a funding round or a sale by an existing shareholder, is handled by a partner desk: the Fundraising Desk of the country for a round, the Secondary Sales Desk assigned to the company for a sale. · Terms

Rankings by sector

Four verticals at launch, more when the feasibility test allows.
Coming soon · Top 10

AI & infrastructure

Foundation models, coding agents, AI clouds, inference chips and data platforms.

Coming soon · Top 10

Fintech & crypto

Payments, spend management, payroll, prediction markets and crypto exchanges.

Coming soon · Top 10

Defence & deeptech

Autonomous weapons, drones, humanoid robots, fusion energy and space.

Coming soon · Top 10

Health & consumer

Clinical AI, Medicare insurers, wearables, marketplaces and fashion brands.

ProptechEdtechGamingInsurtechClimate
The Uback Fundraising Desk in the United States

Introductions made by a Fundraising Desk partner, currently being selected

An adviser registered with the SEC as a broker-dealer and a member of FINRA, the only party entitled to present Backers’ demand to companies for their funding rounds. Sales of existing shares are handled by Secondary Sales Desks, assigned company by company. Uback remains a media: it ranks and aggregates intentions, it takes part in no transaction.

—deals worked on
—deals closed
—average response time
Capital raising advisers

Become Uback’s Fundraising Desk partner in the United States

  • Foreign investors you would not find on your own
  • Your name on every ranking of the country
  • Backers’ demand on each company, before its round opens
  • The “Uback Fundraising Partner in the United States” title on your profiles
Discover the partnership No fee at this stage. Exclusive per country on funding rounds. Uback brings investors and visibility, not a guaranteed deal flow.

Radar · known eligible companies, not ranked

Sorted by date of last round, with no judgement and no AI call. Undisclosed amount: the round is confirmed by the press, not its amount.

Born in the United States, based elsewhere

Companies of American origin whose main operations are now abroad: not ranked, shown with the law governing their shares.

Born elsewhere, based in the United States

Companies founded abroad whose main operations are in the United States.

  • Fireblocks · Crypto › institutional custody and payments
    Founded by Israeli entrepreneurs; HQ in New York, R&D in Tel Aviv (ranked in Israel)
    Series E · USD 550M · Jan 2022 (D1 Capital, Spark Capital)
  • Transmit Security · Cybersecurity › customer identity
    Founded by Israeli entrepreneurs; HQ in Boston, R&D in Tel Aviv (ranked in Israel)
    Series A · USD 543M · Jun 2021 (Insight Partners, General Atlantic)
  • Cyera · Cybersecurity › data security
    Founded by Israeli entrepreneurs; HQ in New York, R&D in Israel (ranked in Israel)
    Series G extension · USD 400M · Sep 2026 (Goldman Sachs Alternatives)
  • Island · Cybersecurity › enterprise browser
    Founded by Israeli entrepreneurs; HQ in Dallas, R&D in Tel Aviv (ranked in Israel)
    Series F · USD 400M · Sep 2026 (Evolution Equity Partners; Sequoia, Coatue, Insight)
  • Sunbit · Fintech › point-of-sale financing
    Founded by Israeli entrepreneurs; HQ in Los Angeles, R&D in Israel (ranked in Israel)
    Series D · USD 130M · May 2021 (Zeev Ventures, Group 11)

Not ranked

  • Anysphere (Cursor) · Bought by SpaceX in an all-stock deal of about USD 60bn, completed in June 2026
  • xAI · Merged into SpaceX, listed on Nasdaq since June 2026
  • Groq · Nvidia licensed its technology and hired most of the team for about USD 20bn (Dec 2025)
  • Brex · Bought by Capital One (2026)
  • Highspot · Merging into Seismic, controlled by Permira (2026)
  • Clari · Merged into Salesloft, controlled by Vista Equity Partners (Dec 2025)
  • Seismic · Controlled by Permira
  • Salesloft · Controlled by Vista Equity Partners since 2021
  • dbt Labs · Merged into Fivetran (June 2026)
  • Surge AI · No outside equity raised
  • Sierra Space · Created by Sierra Nevada Corporation, which keeps control
  • Waymo · Created by Alphabet
  • PrizePicks · Majority bought by Allwyn (2025-26)
  • Rec Room · Shutting down in 2026
  • Alo Yoga · Owned by its founders, without outside equity
  • Epic Games · Founded in 1991: not counted as a startup
  • Fanatics · Founded in 1995: not counted as a startup

The method in the United States

Calendar. Quarterly ranking, published on the 1st of January, April, July and October. Next edition: January 1, 2027.

Eligibility: at least $1M raised in equity, non-listed company, main operations in the United States.

Fundraising Desk sought. An adviser registered with the SEC as a broker-dealer and a member of FINRA.

Sources. US business and technology press (Bloomberg, Reuters, The Wall Street Journal, Financial Times, The Information, TechCrunch, Axios Pro Rata, Forbes), PitchBook-NVCA and Crunchbase data, SEC filings, company and investor announcements.

Method and rules, common to all countries →