The definitive leaderboard for private market performance.
Rank
Company
Sector
Stage
ARR (Est)
YoY Growth
Valuation
Date / Type
Multiple
Pillar Score
Status
1
AN
Anthropic
North America
Generative AI
Pre-IPO
$47B+May 2026
+370%
$965.0B
Q2 2026
Series H
20.5x
99
DISCLOSED
2
OP
OpenAI
North America
Generative AI
Pre-IPO
$20B+2025
+233%
$852.0B
Target: $1T (IPO target)
Q1 2026
Funding
42.6x
98
DISCLOSED
3
BY
ByteDance
APAC
Consumer / Social
Late Stage
$150B+2025E
—
$480.0B
Q4 2025
Secondary
3.2x
97
REPORTED
4
DA
Databricks
North America
Data / AI
Pre-IPO
$7.0B+Q2 2026
+80%
$190.0B
Q3 2026
Series
27.1x
96
DISCLOSED
5
ST
Stripe
North America
Fintech
Late Stage
$6.8B+2025
+33%
$159.0B
Q1 2026
Tender Offer
23.4x
95
DISCLOSED
6
RE
Revolut
Europe
Fintech
Late Stage
$6.0B+2025
+46%
$115.0B
Q3 2026
Secondary
19.2x
94
REPORTED
7
AN
Ant Group
APAC
Fintech
Late Stage
—
—
$78.5B
Target: $102B (secondary)
Q3 2023
Buyback
—
93
ESTIMATE
8
AN
Anduril
North America
Defense Tech
Late Stage
$2.2B+2025
+100%
$61.0B
Q2 2026
Series H
27.7x
92
DISCLOSED
9
DE
DeepSeek
APAC
Generative AI
Late Stage
—
—
$52.0B
Target: $74B (in talks)
Q2 2026
Series
—
91
REPORTED
10
RI
Ripple
North America
Blockchain
Late Stage
—
—
$50.0B
Q1 2026
Buyback
—
90
REPORTED
11
RA
Ramp
North America
Fintech
Late Stage
$1.0B+2026
+100%
$44.0B
Q2 2026
Series
44x
89
DISCLOSED
12
CA
Canva
APAC
Design Software
Pre-IPO
$4.0B+2025
+20%
$42.0B
Q3 2025
Secondary
10.5x
88
REPORTED
13
PR
Prometheus
North America
Industrial AI
Growth
—
—
$41.0B
Q2 2026
Series
—
87
DISCLOSED
14
FI
Figure
North America
Robotics / AI
Late Stage
—
—
$39.0B
Q3 2025
Series C
—
86
DISCLOSED
15
SA
Safe Superintelligence
North America
Generative AI
Growth
—
—
$32.0B
Q2 2025
Series B
—
85
REPORTED
16
XI
Xiaohongshu
APAC
Consumer / Social
Pre-IPO
—
—
$31.0B
Q3 2025
Secondary
—
84
REPORTED
17
FA
Fanatics
North America
Consumer / Sports
Late Stage
$9.6B+2024
—
$31.0B
Target: $25B (tender explored)
Q4 2022
Series
3.2x
83
ESTIMATE
18
CR
Crusoe
North America
AI Infrastructure
Late Stage
—
—
$30.0B
Q3 2026
Series
—
82
REPORTED
19
VA
VAST Data
North America
AI Infrastructure
Late Stage
$500M+FY2025
—
$30.0B
Q2 2026
Series F
60x
81
DISCLOSED
20
SC
Scale AI
North America
AI / Data
Late Stage
$1.0B+2026E
—
$29.0B
Q2 2025
Strategic
29x
80
DISCLOSED
21
CO
Cognition
North America
AI / Data
Late Stage
$492M+May 2026
—
$26.0B
Q2 2026
Series D
52.8x
79
DISCLOSED
22
OK
OKX
APAC
Crypto
Late Stage
—
—
$25.0B
Q1 2026
Strategic
—
78
REPORTED
23
MI
Mistral AI
Europe
Generative AI
Late Stage
—
—
$24.0B
Q3 2026
Series D
—
77
DISCLOSED
24
MI
miHoYo
APAC
Gaming
Late Stage
—
—
$24.0B
Q1 2025
Estimate
—
76
ESTIMATE
25
EP
Epic Games
North America
Gaming
Late Stage
—
—
$22.5B
Target: $15B (secondary)
Q1 2024
Strategic
—
75
REPORTED
26
KA
Kalshi
North America
Fintech
Late Stage
$1.5B+2026
—
$22.0B
Q2 2026
Series F
14.7x
74
DISCLOSED
27
ET
Etched
North America
AI Semiconductors
Late Stage
—
—
$21.0B
Q3 2026
Series C
—
73
DISCLOSED
28
PO
Polymarket
North America
Fintech
Late Stage
$1.0B+2026
—
$21.0B
Q3 2026
Series
21x
72
REPORTED
29
CR
Crypto.com
APAC
Crypto
Late Stage
—
—
$20.0B
Q3 2026
Strategic
—
71
REPORTED
30
WH
Whatnot
North America
Marketplace
Late Stage
—
—
$20.0B
Q3 2026
Series G
—
70
DISCLOSED
31
MO
Moonshot AI
APAC
Generative AI
Pre-IPO
$200M+Apr 2026
—
$20.0B
Target: $50B (in talks)
Q2 2026
Series
100x
69
REPORTED
32
CH
Chobani
North America
Consumer
Late Stage
$3.8B+2025
+28%
$20.0B
Q4 2025
Equity Raise
5.3x
68
REPORTED
33
KR
Kraken
North America
Crypto
Pre-IPO
—
—
$20.0B
Q4 2025
Series D
—
67
REPORTED
34
PE
Perplexity
North America
Consumer AI
Late Stage
$150M+
—
$20.0B
Q3 2025
Series
133.3x
66
REPORTED
35
HE
Helsing
Europe
Defense AI
Late Stage
—
—
$18.0B
Q3 2026
Series E
—
65
DISCLOSED
36
DE
Deel
North America
B2B SaaS
Late Stage
$1.0B+2025
—
$17.3B
Q4 2025
Series E
17.3x
64
DISCLOSED
37
RI
Rippling
North America
B2B SaaS
Late Stage
$1.0B+2025
—
$16.8B
Q2 2025
Series G
16.8x
63
DISCLOSED
38
HE
Helion Energy
North America
Fusion Energy
Late Stage
—
—
$15.5B
Q2 2026
Series
—
62
DISCLOSED
39
SI
Sierra
North America
Enterprise AI
Late Stage
—
—
$15.0B
Q2 2026
Series
—
61
DISCLOSED
40
SK
Skild AI
North America
Robotics / AI
Late Stage
—
—
$14.0B
Q1 2026
Series C
—
60
REPORTED
41
TR
Trade Republic
Europe
Fintech
Late Stage
—
—
$13.5B
Q4 2025
Secondary
—
59
DISCLOSED
42
LO
Lovable
Europe
DevTools
Late Stage
$500M+Jun 2026
—
$13.3B
Q3 2026
Series C
26.6x
58
DISCLOSED
43
BA
Base Power
North America
Energy / Storage
Late Stage
—
—
$13.0B
Q3 2026
Series D
—
57
DISCLOSED
44
CE
Celonis
Europe
Enterprise software
Late Stage
—
—
$13.0B
Q3 2022
Series D
—
56
ESTIMATE
45
SH
Shield AI
North America
Defense AI
Late Stage
—
—
$12.7B
Q1 2026
Series G
—
55
DISCLOSED
46
NI
NinjaOne
North America
Enterprise IT
Late Stage
$500M+2026
+70%
$12.3B
Q2 2026
Series
24.6x
54
DISCLOSED
47
OP
OpenEvidence
North America
Health AI
Late Stage
—
—
$12.0B
Q1 2026
Series
—
53
DISCLOSED
48
CH
Checkout.com
Europe
Fintech
Late Stage
—
+30%
$12.0B
Q3 2025
Buyback
—
52
DISCLOSED
49
TH
Thinking Machines Lab
North America
Generative AI
Growth
—
—
$12.0B
Target: $40B (in talks)
Q3 2025
Seed
—
51
DISCLOSED
50
PH
PhonePe
APAC
Fintech
Pre-IPO
—
—
$12.0B
Target: $10.5B (IPO target)
Q4 2023
Series
—
50
ESTIMATE
51
EL
ElevenLabs
Europe
Voice AI
Late Stage
$330M+2025
—
$11.0B
Target: $22B (tender talks)
Q1 2026
Series
33.3x
49
DISCLOSED
52
HA
Harvey
North America
Legal AI
Late Stage
$190M+Jan 2026
—
$11.0B
Q1 2026
Series
57.9x
48
DISCLOSED
53
NO
Notion
North America
Productivity
Late Stage
—
—
$11.0B
Q1 2026
Tender Offer
—
47
DISCLOSED
54
SU
Supabase
North America
DevTools
Late Stage
—
—
$10.5B
Q2 2026
Series F
—
46
DISCLOSED
55
CO
Colossal Biosciences
North America
Biotech
Late Stage
—
—
$10.2B
Q1 2026
Series C
—
45
DISCLOSED
56
ME
Mercor
North America
AI / Data
Late Stage
—
—
$10.0B
Target: $20B (in talks)
Q4 2025
Series
—
44
DISCLOSED
57
VE
Vercel
North America
DevTools
Late Stage
—
—
$9.3B
Q3 2025
Series F
—
43
DISCLOSED
58
GU
Gusto
North America
B2B SaaS
Pre-IPO
$1.0B+TTM 2026
—
$9.3B
Q2 2025
Tender Offer
9.3x
42
REPORTED
59
SA
Saronic
North America
Defense Tech
Late Stage
—
—
$9.2B
Q1 2026
Series D
—
41
DISCLOSED
60
N2
N26
Europe
Fintech
Late Stage
—
—
$9.0B
Q4 2021
Series D
—
40
ESTIMATE
61
VI
Vinted
Europe
Marketplace
Late Stage
$1.2B+2025
+38%
$8.7B
Q2 2026
Secondary
7.3x
39
DISCLOSED
62
DI
Discord
North America
Consumer / Social
Pre-IPO
—
—
$8.5B
Target: $15B (2021 primary)
Q2 2026
Secondary
—
38
ESTIMATE
63
PE
Personio
Europe
HR SaaS
Late Stage
—
—
$8.5B
Q2 2022
Series E
—
37
ESTIMATE
64
BO
Bolt
Europe
Mobility
Late Stage
—
—
$8.4B
Q1 2022
Series F
—
36
ESTIMATE
65
TO
Together AI
North America
AI Infrastructure
Late Stage
—
—
$8.3B
Q3 2026
Series C
—
35
DISCLOSED
66
PL
Plaid
North America
Fintech
Late Stage
—
—
$8.0B
Q1 2026
Tender Offer
—
34
DISCLOSED
67
ZI
Zipline
North America
Logistics
Late Stage
—
—
$7.6B
Q1 2026
Series
—
33
REPORTED
68
GL
Glean
North America
Enterprise AI
Late Stage
$200M+2026
+100%
$7.2B
Q2 2025
Series F
36x
32
DISCLOSED
69
ZE
Zepto
APAC
Consumer / Q-commerce
Pre-IPO
—
—
$7.0B
Q4 2025
Series
—
31
REPORTED
70
PS
PsiQuantum
North America
Quantum
Late Stage
—
—
$7.0B
Q3 2025
Series
—
30
DISCLOSED
71
CO
Cohere
North America
Generative AI
Late Stage
$240M+2025
—
$6.8B
Q3 2025
Series
28.3x
29
DISCLOSED
72
DO
Doctolib
Europe
HealthTech
Late Stage
—
—
$6.4B
Q1 2022
Series G
—
28
ESTIMATE
73
RE
Redwood Materials
North America
Energy / Recycling
Late Stage
—
—
$6.0B
Q1 2026
Series E
—
27
REPORTED
74
GR
Grafana Labs
North America
DevTools
Late Stage
—
—
$6.0B
Target: $9B (in talks)
Q3 2024
Series D
—
26
DISCLOSED
75
MO
Monzo
Europe
Fintech
Late Stage
—
—
$5.9B
Q4 2024
Secondary
—
25
DISCLOSED
76
PH
Physical Intelligence
North America
Robotics / AI
Growth
—
—
$5.6B
Target: $11B (in talks)
Q4 2025
Series B
—
24
REPORTED
77
SA
SandboxAQ
North America
Quantum / AI
Late Stage
—
—
$5.6B
Q4 2024
Series E
—
23
REPORTED
78
AP
Apptronik
North America
Robotics
Late Stage
—
—
$5.5B
Q1 2026
Series
—
22
REPORTED
79
RU
Runway
North America
Generative AI
Late Stage
—
—
$5.3B
Q1 2026
Series
—
21
DISCLOSED
80
AB
Abridge
North America
Health AI
Late Stage
—
—
$5.3B
Q2 2025
Series E
—
20
REPORTED
81
RA
Rappi
LATAM
Consumer / Delivery
Late Stage
—
—
$5.2B
Q3 2021
Series F
—
19
ESTIMATE
82
RA
Razorpay
APAC
Fintech
Pre-IPO
—
—
$5.0B
Q2 2026
Estimate
—
18
ESTIMATE
83
FA
Faire
North America
Marketplace
Late Stage
—
—
$5.0B
Q1 2026
Estimate
—
17
ESTIMATE
84
QO
Qonto
Europe
Fintech
Late Stage
—
—
$5.0B
Q1 2022
Series D
—
16
ESTIMATE
85
CH
Checkr
North America
HR Tech
Late Stage
—
—
$5.0B
Q3 2021
Series E
—
15
ESTIMATE
86
IS
Island
North America
Cybersecurity
Late Stage
—
—
$4.8B
Q1 2025
Series E
—
14
DISCLOSED
87
CR
CRED
APAC
Fintech
Late Stage
—
—
$4.5B
Q2 2026
Strategic
—
13
REPORTED
88
TA
Tabby
Middle East
Fintech
Late Stage
—
—
$4.5B
Q4 2025
Secondary
—
12
DISCLOSED
89
LI
Lightmatter
North America
AI Semiconductors
Late Stage
—
—
$4.4B
Q4 2024
Series D
—
11
DISCLOSED
90
IM
Impulse Space
North America
Aerospace
Late Stage
—
—
$4.3B
Q2 2026
Series D
—
10
DISCLOSED
91
RE
Relativity Space
North America
Aerospace
Late Stage
—
—
$4.0B
Q2 2021
Series E
—
9
ESTIMATE
92
GR
Groq
North America
AI Infrastructure
Late Stage
—
—
$3.5B
Q3 2026
Series
—
8
DISCLOSED
93
FL
Flix
Europe
Mobility
Late Stage
—
—
$3.3B
Q3 2024
Secondary
—
7
REPORTED
94
FL
Flutterwave
Africa
Fintech
Late Stage
—
—
$3.2B
Q2 2026
Series E
—
6
DISCLOSED
95
UA
Ualá
LATAM
Fintech
Late Stage
—
—
$3.2B
Q1 2026
Series
—
5
REPORTED
96
LI
Linear
North America
DevTools
Late Stage
$100M+2026
—
$2.5B
Q3 2026
Tender Offer
25x
4
REPORTED
97
DE
DeepL
Europe
AI Translation
Late Stage
—
—
$2.0B
Q2 2024
Series C
—
3
DISCLOSED
98
MO
Moniepoint
Africa
Fintech
Late Stage
—
—
$1.0B
Q4 2024
Series C
—
2
REPORTED
★
Your Company
Join the league. Get verified valuation.
Ranked by last closed priced mark when one exists (primary, tender, secondary, or company buyback). Estimate rows use the last corroborated secondary, buyback, or stale primary where the company is still independent and private. Each row has three sources; PitchBook and Crunchbase are not used as primary sources. Labels describe where each valuation came from. They are not an assessment of the company.
• Verified: QuantPillar engagement — valuation produced under a QuantVal™ 409A or M&A diligence process. Applies only to companies we have engaged.
• Disclosed: Priced round announced by the company or its lead investor.
• Reported: Tender offer, secondary, or strategic transaction described in credible reporting, not confirmed by the company.
• Estimate: Last priced mark is older than 2024, or the figure is implied by a filing, LP mark, or secondary print rather than a company announcement. Confidence bars show how strong that evidence is.
The PillarIndex™ is QuantPillar's benchmark for private market performance. It aggregates valuation velocity, revenue multiples, and deal confidence across the companies ranked in this table. Unlike public indices, the PillarIndex™ accounts for deal type (Primary vs. Secondary) and the age of the underlying round. It is recomputed when the table is re-sourced, not continuously.
Valuations reflect the last publicly reported round for each company, as dated in the Date / Type column. Not a real-time feed.