Revenue Leaderboard

282
Private companies only. The largest privately held AI-native companies, ranked by annualized revenue, with headquarters, headcount and valuation where reported. The scoreboard for who is actually selling, not just raising.
Private companies onlyPublicly traded companies and divisions of public companies are not ranked here. See public companies on Stocks →
Combined ARR
$207B
282 AI-Native companies
$1B+ ARR club
16
companies
Unicorns
179
$1B+ valuation
Median revenue multiple
18.1×
valuation / arr, 241 with a valuation
Last updated
Oct 29
refreshed monthly
#CompanyARR▼Employees▼
1Anthropic logoAnthropicFoundation models$75B3.5K
2OpenAI logoOpenAIFoundation models$70B6K
13Moonshot AI logoMoonshot AIFoundation models$1B500
27Mistral AI logoMistral AIFoundation models$600M700
30Cohere logoCohereFoundation models$500M500
32DeepSeek logoDeepSeekFoundation models$500M200
47AI21 Labs logoAI21 LabsFoundation models$350M300
112Baichuan AI logoBaichuan AIFoundation models$100M500
144Aleph Alpha logoAleph AlphaFoundation models$80M200
16201.AI logo01.AIFoundation models$50M150
183Project Prometheus logoProject PrometheusFoundation models$50M200
184Reka AI logoReka AIFoundation models$50M150
197StepFun logoStepFunFoundation models$40M200
199Nous Research logoNous ResearchFoundation models$36M25
232Krutrim logoKrutrimFoundation models$20M300
234Liquid AI logoLiquid AIFoundation models$20M200
239Reflection AI logoReflection AIFoundation models$20M211
240Sakana AI logoSakana AIFoundation models$20M100
241Sarvam AI logoSarvam AIFoundation models$20M150
244World Labs logoWorld LabsFoundation models$20M100
Sources: company disclosures and reporting by The Information, Bloomberg, TechCrunch, CNBC and the Clink ARR leaderboard; headcount from press and LinkedIn reports. Know a number we are missing or that moved? Submit an update.