Revenue Leaderboard

278
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
$206B
278 AI-Native companies
$1B+ ARR club
14
companies
Unicorns
178
$1B+ valuation
Median revenue multiple
17.5×
valuation / arr, 241 with a valuation
Last updated
Oct 14
refreshed monthly
#CompanyARR▲Employees▼
231Krutrim logoKrutrimFoundation models$20M300
233Liquid AI logoLiquid AIFoundation models$20M200
238Reflection AI logoReflection AIFoundation models$20M211
239Sakana AI logoSakana AIFoundation models$20M100
240Sarvam AI logoSarvam AIFoundation models$20M150
243World Labs logoWorld LabsFoundation models$20M100
198Nous Research logoNous ResearchFoundation models$36M25
196StepFun logoStepFunFoundation models$40M200
16101.AI logo01.AIFoundation models$50M150
182Project Prometheus logoProject PrometheusFoundation models$50M200
183Reka AI logoReka AIFoundation models$50M150
143Aleph Alpha logoAleph AlphaFoundation models$80M200
111Baichuan AI logoBaichuan AIFoundation models$100M500
46AI21 Labs logoAI21 LabsFoundation models$350M300
28Cohere logoCohereFoundation models$500M500
30DeepSeek logoDeepSeekFoundation models$500M200
25Mistral AI logoMistral AIFoundation models$600M700
11Moonshot AI logoMoonshot AIFoundation models$1B500
2OpenAI logoOpenAIFoundation models$70B6K
1Anthropic logoAnthropicFoundation models$75B3.5K
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.