Investing Platform · 2026 edition
The fifty largest late-stage private companies, ranked only on disclosed revenue.
Wholesale investors only on Investing Platform · every figure carries its source · as of 17 October 2026
*FY2025, Wall Street Journal. Reported figure, attributed in the source. Historical, not an offer.
*Jul 2026, Bloomberg. Reported figure, attributed in the source. Historical, not an offer.
*Oct 2026, Bloomberg. Reported figure, attributed in the source. Historical, not an offer.
The ranking
Rank order is disclosed annualised revenue in US dollars, largest first. Open a row for the source behind it; sort by growth to see who is moving fastest.
ByteDanceAnthropicAnthropic is an AI safety and research company that builds AI systems it describes as reliable, interpretable and steerable.
OpenAIOpenAI is an AI research and deployment company whose stated mission is to ensure artificial general intelligence benefits all of humanity.
DatabricksDatabricks offers a unified platform for data, analytics and AI, and describes itself as the data and AI company.
StripeStripe builds programmable financial infrastructure for businesses.
RevolutRevolut is a UK-founded digital financial services group offering banking, cards, FX, wealth and business accounts to 68.3 million retail customers.
Converted from £4.5 billion (press release: $6.0bn) at the RBA rate on 16 Oct 2026 (1 GBP = US$1.3303). 27Reserve Bank of Australia, exchange rates · 16 Oct 2026
CanvaCanva is an online design and publishing tool for creating social posts, presentations, posters, videos and logos.
BoltBolt is a mobility platform offering ride-hailing, scooter and e-bike rentals, car-sharing and food delivery in over 50 countries.
Converted from 3 billion EUR at the RBA rate on 16 Oct 2026 (1 EUR = US$1.1228). 27Reserve Bank of Australia, exchange rates · 16 Oct 2026
MonzoMonzo is a UK digital bank with a smartphone app, offering current accounts, savings Pots and related products.
Converted from 1.7bn GBP at the RBA rate on 16 Oct 2026 (1 GBP = US$1.3303). 27Reserve Bank of Australia, exchange rates · 16 Oct 2026
Cityblock HealthProvides primary care, behavioural care and social services to Medicaid and Medicare (including dually eligible) members under a value-based model.
Anduril IndustriesAnduril is a defence products company that builds autonomy, AI, computer vision, sensor fusion and networking technology for military customers.
Kraken (Payward)Payward is the parent company of the Kraken crypto exchange, NinjaTrader, Breakout and the xStocks tokenised-equities platform.
RampRamp is a spend management platform combining corporate cards, travel, expenses and accounts payable to automate finance operations.
KalshiCFTC-regulated exchange where people trade on the outcome of future events (event contracts).
DeelDeel is an all-in-one HR platform for global teams, covering hiring, payroll and compliance across 150+ countries.
AirwallexAirwallex is a global payments and financial platform offering business accounts, payment acceptance, billing, corporate cards and spend management.
VintedVinted is a C2C second-hand marketplace where members buy and sell clothing and other items.
Converted from 1.1 billion EUR at the RBA rate on 16 Oct 2026 (1 EUR = US$1.1228). 27Reserve Bank of Australia, exchange rates · 16 Oct 2026
Higgsfield AIHiggsfield is an AI creative studio for generating and editing images, video and voice content from text prompts or references.
CognitionCognition operates Devin, an autonomous AI software engineer that plans, writes, tests and ships code inside existing workflows.
Moonshot AIMoonshot AI is a frontier AI lab that builds the open-weight Kimi models, a chatbot and an API.
Fireworks AIFireworks provides a training and inference platform that turns open models into specialized models for customers.
PolymarketA prediction market where users bet on future events across various topics.
GustoGusto provides payroll, benefits, HR and compliance software to more than 500,000 small businesses.
Trade RepublicTrade Republic is a full-service bank offering savings plans, share and ETF trading, bonds, derivatives and crypto.
Converted from EUR 754 million revenue (Umsatz), financial year 2024/25 EUR at the RBA rate on 16 Oct 2026 (1 EUR = US$1.1228). 27Reserve Bank of Australia, exchange rates · 16 Oct 2026
RoktEcommerce technology company placing relevant offers at the transaction moment.
PerplexityPerplexity is an AI answer engine that researches the open web in real time and returns cited answers.
TaniumAutonomous IT: real-time endpoint intelligence and control for IT and security teams.
MercuryMercury is a fintech company offering business banking through partner banks (Choice Financial Group and Column N.A.), aimed at startups and entrepreneurs.
LovableLovable lets users build software and web products by describing them in plain language.
PlaidGlobal data network that powers financial apps and tools, including payments, lending and fraud prevention.
FaireWholesale platform connecting independent retailers and brands.
VercelVercel provides cloud infrastructure for building and deploying apps and AI agents, and is the team behind Next.js and the AI SDK.
ElevenLabsElevenLabs is an AI research and product company offering voice and chat agents, creative audio tools and developer APIs for speech.
VAST DataVAST Data is building the AI Operating System, a data platform unifying storage, database and compute for AI and data-intensive workloads.
NotionNotion makes workspace and productivity software, with built-in AI to find answers and automate tasks.
HarveyAI software for legal and professional services.
Mistral AIMistral AI builds open-weight generative AI models and an enterprise AI platform.
1Password1Password provides password management and access security for people and AI agents, from teams to enterprises.
GleanGlean is an enterprise AI platform connected to a company's data, used to find information, create content and automate work.
VantaVanta is a trust management platform that automates security and compliance work such as SOC 2, HIPAA, ISO 27001, PCI and GDPR certification.
Shield AIShield AI is a defence technology company that makes the Hivemind autonomy software and the V-BAT aircraft.
ClickHouseClickHouse is an open-source column-oriented database management system for real-time analytical queries in SQL, also offered as ClickHouse Cloud.
CohereCohere builds foundation models and enterprise generative AI, including its North and Compass platforms.
Employment HeroEmployment Hero offers recruitment, HR, payroll and benefits software for small and medium businesses.
Converted from A$300 million at the RBA rate on 16 Oct 2026 (1 AUD = US$0.6947). 27Reserve Bank of Australia, exchange rates · 16 Oct 2026
Runway
SierraSierra helps businesses build customer experiences with AI agents.
ReplitReplit is an AI agent platform for creating software (“vibe coding”).
Mitti (formerly SafetyCulture)Mitti (formerly SafetyCulture) provides an operations app for frontline teams, covering inspections, training, incident reporting and asset management.
Converted from A$197 million revenue, FY2025 (with a A$49 million loss) at the RBA rate on 16 Oct 2026 (1 AUD = US$0.6947). 27Reserve Bank of Australia, exchange rates · 16 Oct 2026
Skild AISkild AI is building general-purpose robotic intelligence, a model intended to run across different robots.
OpenEvidenceOpenEvidence builds medical AI for doctors: clinical-evidence search and decision support, funded by advertising.
No ranked company in this sector.
Reading the list
Why a company is where it is
Private, operating, venture- or growth-backed, founded after 2000, with a revenue figure that meets the sourcing standard inside the last 15 months.
Annualised revenue in US dollars, largest first. Full-year reported revenue, or run-rate where that is what the company discloses — the row says which.
Year on year against the comparable figure, or as stated by the company. Never estimated: with no prior figure the row shows a dash. A 20% floor applies where growth is known.
Company statements and regulatory filings are shown plain. Named financial press is admitted but marked “reported”. Aggregators, wikis and estimates are never used.
Valuation, funding, investors, profitability, headcount and sector play no part in the order. They appear on profiles as context only.
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