| 1 | SpaceX Sequoia, Founders Fund, Gigafund +2Designs, manufactures, and launches rockets and spacecraft. Operates Starlink satellite internet and is developing Starship for interplanetary travel. | AerospaceSOLBASEHYPE | $350B | $682.06 | SEC ↗ | $180B+94% |
| 2 | OpenAI Thrive Capital, Microsoft, Khosla Ventures +2AI research company that developed ChatGPT, GPT-4, and DALL-E. Pioneered large language models and is building artificial general intelligence. | AISOLHYPE | $300B | $1163.45 | SEC ↗ | $157B+91% |
| 3 | ByteDance Parent company of TikTok. World's most valuable private company by revenue. | Social/AI | $220B | $150.00 | SEC ↗ | $220B |
| 4 | Stripe Sequoia, a16z, General Catalyst +2Builds economic infrastructure for the internet, providing payment processing APIs used by millions of businesses from startups to Fortune 500 companies. | FintechSOL | $91.5B | $70.00 | SEC ↗ | $50B+83% |
| 5 | Shein Fast-fashion e-commerce platform. Applied for London IPO. | E-commerce | $66B | Last Round$66B | SEC ↗ | $100B-34% |
| 6 | Databricks a16z, T. Rowe Price, Tiger Global +2Unified analytics platform combining data warehousing and data lakes. Founded by the creators of Apache Spark for large-scale data engineering and ML. | Data/AISOLBASE | $62B | $83.00 | SEC ↗ | $43B+44% |
| 7 | Anthropic Google, Menlo Ventures, Spark Capital +2AI safety company building reliable, interpretable AI systems. Creator of Claude, a family of large language models focused on being helpful, harmless, and honest. | AISOLBASEHYPE | $61.5B | $480.44 | SEC ↗ | $18.4B+234% |
| 8 | TikTok (US) Short-form video platform with over 1B monthly active users in the US. Facing potential ban or forced sale. | Social | $60B | Last Round$60B | SEC ↗ | $60B |
| 9 | Revolut Coatue, D1 Capital, Tiger Global +2Digital banking super-app offering currency exchange, stock trading, crypto, budgeting tools, and international money transfers to over 40 million customers. | Fintech | $45B | $33.00 | SEC ↗ | $33B+36% |
| 10 | xAI a16z, Sequoia, Lightspeed +2Elon Musk's AI company building Grok. Trained on real-time X/Twitter data with massive GPU clusters. | AIBASE | $45B | $97.74 | SEC ↗ | $24B+88% |
| 11 | Checkout.com Cloud-based payment processing for global merchants. | Payments | $40B | Last Round$40B | SEC ↗ | $40B |
| 12 | Figure AI Humanoid robotics company developing general-purpose robots for commercial use. Partnered with OpenAI for AI integration and BMW for manufacturing deployment. | Robotics | $39B | Last Round$39B | SEC ↗ | $2.6B+1400% |
| 13 | Wiz a16z, Lightspeed, Thrive Capital +2Cloud security platform providing agentless vulnerability scanning, misconfiguration detection, and threat analysis across multi-cloud environments. | Security | $32B | Last Round$32B | SEC ↗ | $10B+220% |
| 14 | Epic Games Sony, Kirkbi (LEGO), Tencent +2Video game developer and publisher behind Fortnite and Unreal Engine. Operates the Epic Games Store and licenses its engine to developers worldwide. | Gaming | $32B | $36.00 | SEC ↗ | $28.7B+11% |
| 15 | Fanatics Sports merchandise and trading card platform. | Sports/Commerce | $31B | Last Round$31B | SEC ↗ | $27B+15% |
| 16 | Anduril Founders Fund, a16z, General Catalyst +2Defense technology company building autonomous systems and software platforms for national security. Products include surveillance towers, drones, and underwater vehicles. | DefenseSOLBASE | $28B | $125.98 | SEC ↗ | $14B+100% |
| 17 | Canva Sequoia, Felicis Ventures, Blackbird Ventures +2Online design platform that makes graphic design accessible to everyone. Used by over 170 million people monthly for presentations, social media, and marketing materials. | Design | $26B | $32.00 | SEC ↗ | $26B |
| 18 | Chime Digital banking platform with 22M+ customers. | Fintech | $25B | $14.00 | SEC ↗ | $14.5B+72% |
| 19 | CoreWeave GPU cloud provider for AI workloads. Filed for IPO. | AI Infrastructure | $19B | Last Round$19B | SEC ↗ | $7B+171% |
| 20 | Ripple a16z, Google Ventures, IDG Capital +2Enterprise blockchain company providing global payment solutions using the XRP Ledger. Enables instant, low-cost cross-border transactions for financial institutions. | CryptoBASE | $15B | Last Round$15B | SEC ↗ | $11B+36% |
| 21 | Discord Dragoneer, Baillie Gifford, Greenoaks Capital +2Communication platform with voice, video, and text chat used by over 200 million monthly active users. Originally built for gamers, now serves diverse communities. | SocialBASE | $15B | $28.00 | SEC ↗ | $15B |
| 22 | Reddit Social news aggregation and discussion platform. | Social | $15B | Last Round$15B | SEC ↗ | $10B+50% |
| 23 | Klarna Sequoia, SoftBank, Silver Lake +2Swedish fintech providing buy-now-pay-later services, payment processing, and shopping tools to over 150 million consumers and 500,000 merchants globally. | FintechSOL | $14.6B | $48.00 | SEC ↗ | $6.7B+118% |
| 24 | Scale AI Accel, Amazon, Meta +2Data platform for AI that provides high-quality training data, evaluation, and data management tools. Major supplier to government and enterprise AI projects. | AI | $14B | $47.00 | SEC ↗ | $7.3B+92% |
| 25 | Plaid Altimeter, Silver Lake, Ribbit Capital +2Fintech infrastructure company that connects consumer bank accounts to financial applications. Powers thousands of apps including Venmo, Robinhood, and Coinbase. | Fintech | $13.4B | $18.00 | SEC ↗ | $13.4B |
| 26 | Figma Collaborative interface design tool used by product teams to design, prototype, and gather feedback in real time. Acquired by Adobe then deal unwound. | Design | $12.5B | $42.00 | SEC ↗ | $10B+25% |
| 27 | Faire Sequoia, a16z, Y Combinator +2Online wholesale marketplace connecting independent retailers with brands. Powers 700K+ retailers. | E-commerce | $12.4B | Last Round$12.4B | SEC ↗ | $12.4B |
| 28 | Brex Financial services for startups and enterprises. | Fintech | $12.3B | Last Round$12.3B | SEC ↗ | $12.3B |
| 29 | Deel Global payroll and HR platform for remote teams. | HR/Payroll | $12B | Last Round$12B | SEC ↗ | $12B |
| 30 | Airtable Cloud collaboration platform combining spreadsheet and database functionality. | Productivity | $11B | Last Round$11B | SEC ↗ | $11B |