Dev platforms, DevOps, APIs, and the infrastructure software developers build on — ranked by valuation.
| # | Company | Valuation | Secondary $/sh | vs Last Round | Last Round | IPO Status |
|---|---|---|---|---|---|---|
| 1 | DeepSeek Hangzhou, China |
$45Bmark 2026-Q2 | $22.51as of 2026-06-27 | no round comparison | Series A · 2026-05-06 · $3.5B | private |
| 2 | Cognition San Francisco, CA |
$25Bmark 2026-05 | $137.73as of 2026-06-27 | +9.4% | Series C · 2025-09-08 · $400M | none |
| 3 | Moonshot AI Beijing, China |
$20Bmark 2026-Q2 | no secondary mark | — | Series D · 2026-05-07 · $2.0B | private |
| 4 | Fireworks AI Redwood City, CA |
$18Bmark 2026-Q3 | $41.64as of 2026-06-27 | +109.0% | Series D · 2026-07-15 · $1.5B | private |
| 5 | ClickHouse Portola Valley, CA |
$15Bmark 2025-Q4 | $219.32as of 2026-06-27 | +37.4% | Series C · 2025-10-01 · $350M | rumored |
| 6 | Lovable Stockholm |
$13Bmark 2026-07 | $187.60as of 2026-06-27 | +188.8% | Series B · 2025-12-16 | private |
| 7 | Alchemy San Francisco, CA |
$10Bmark 2022-Q1 | $197.68as of 2026-06-27 | -61.7% | Series C · 2022-02-01 · $200M | no imminent plans |
| 8 | Supabase San Francisco, CA |
$10Bmark 2026-06 | $70.54as of 2026-06-27 | +101.5% | Series F · 2026-06-01 · $143M | private |
| 9 | Grafana Labs New York, NY |
$9.5Bmark 2026-Q1 | no secondary mark | — | Secondary tender · 2026-03-01 | expected |
| 10 | Fal.ai San Francisco, CA |
$8.5Bmark 2026-Q1 | $117.39as of 2026-06-27 | +37.6% | Series D · 2025-12-09 · $140M | private |
| 11 | Together AI San Francisco, CA |
$8.3Bmark 2026-07 | $219.47as of 2026-06-27 | +125.3% | Series C · 2026-07-01 · $305M | no imminent plans |
| 12 | Reflection AI New York, NY |
$8.0Bmark 2025-Q4 | $406.22as of 2026-06-27 | +46.9% | Series B · 2025-10 · $2.0B | private |
| 13 | Consensys Software Fort Worth, TX |
$7.1Bmark 2022-Q1 | $27.28as of 2026-06-27 | -80.5% | Series D · 2022-03-09 · $450M | private |
| 14 | Temporal Bellevue, WA |
$5.0Bmark 2026-Q1 | $132.22as of 2026-06-27 | -2.6% | Series D · 2026-02-17 · $300M | private |
| 15 | SonarSource Geneva, Switzerland |
$4.7Bmark 2022-Q2 | no secondary mark | — | PE Growth/Expansion · 2022-04-26 · $412M | private |
| 16 | Harness San Francisco, CA |
$4.7Bmark 2025-Q4 | $19.10as of 2026-06-27 | -24.8% | Tender Offer 1 · 2025-12-10 · $200M | Private |
| 17 | Hugging Face New York, NY |
$4.5Bmark 2023-Q3 | $47.27as of 2026-06-27 | +87.2% | Series D · 2023-08-24 · $235M | no imminent plans |
| 18 | MessageBird Amsterdam, Netherlands |
$3.7Bmark 2021-Q2 | $32.00as of 2026-06-27 | +53.3% | Series C · 2021-04-27 · $1.2B | private |
| 19 | Starburst Boston, MA |
$3.4Bmark 2022-Q1 | $0.61as of 2026-06-27 | -89.4% | Series D · 2022-01-30 · $250M | private |
| 20 | Blockdaemon Los Angeles, CA |
$3.3Bmark 2022-Q1 | $2.48as of 2026-06-27 | -80.0% | Series C · 2022-01-24 · $207M | private |
| 21 | Sentry San Francisco, CA |
$3.2Bmark 2022-Q2 | $26.16as of 2026-06-27 | -54.3% | Series E · 2022-05-03 · $90M | private |
| 22 | PingCap Sunnyvale, CA |
$3.0Bmark 2021-Q3 | no secondary mark | — | Later Stage VC · 2021-07-20 | private |
| 23 | Sourcegraph San Francisco, CA |
$2.6Bmark 2021-Q3 | $34.20as of 2026-06-27 | -48.6% | Series D · 2021-07-12 · $125M | private |
| 24 | One Stuttgart, Germany |
$2.5Bmark 2024-Q4 | no secondary mark | — | Later Stage VC · 2024-12-13 · $300M | private |
| 25 | Docker Palo Alto, CA |
$2.1Bmark 2022-Q1 | $19.03as of 2026-06-27 | -39.1% | Series C · 2022-03-31 · $105M | private |
| 26 | WorkOS San Francisco, CA |
$2.0Bmark 2026-03 | $19.80as of 2026-06-27 | no round comparison | Series C · 2026-03-01 · $100M | private |
| 27 | Netlify San Francisco, CA |
$2.0Bmark 2021-Q4 | $14.18as of 2026-06-27 | -76.8% | Series D · 2021-11-15 · $105M | private |
| 28 | Framer Amsterdam, Netherlands |
$2.0Bmark 2025-Q3 | $84.46as of 2026-06-27 | no round comparison | Series D · 2025-08-28 · $100M | private |
| 29 | CircleCI San Francisco, CA |
$1.7Bmark 2021-Q2 | $3.76as of 2026-06-27 | -81.0% | Series F · 2021-05-05 · $100M | private |
| 30 | Mux San Francisco, CA |
$1.6Bmark 2021-Q2 | no secondary mark | — | Series D · 2021-04-30 · $105M | private |
| 31 | Apollo Graph San Francisco, CA |
$1.5Bmark 2021-Q3 | $1.67as of 2026-06-27 | -73.4% | Series D · 2021-08-11 · $130M | private |
| 32 | Anaconda Austin, TX |
$1.5Bmark 2025-Q3 | $12.21as of 2026-06-27 | -53.4% | Series C · 2025-07-31 · $150M | private |
| 33 | Factory San Francisco, USA |
$1.5Bmark 2026-Q2 | $46.68as of 2026-06-27 | no round comparison | Series C · 2026-04-16 · $150M | private |
| 34 | Tailscale Toronto, Canada |
$1.5Bmark 2025-Q2 | $3.00as of 2026-06-27 | -49.5% | Series C · 2025-04-01 · $230M | no imminent plans |
| 35 | Render San Francisco, CA |
$1.5Bmark 2026-Q1 | no secondary mark | — | Series C1 · 2026-02-17 · $100M | private |
| 36 | Enya Palo Alto, CA |
$1.5Bmark 2022-Q2 | no secondary mark | — | Series A · 2022-04-05 · $45M | private |
| 37 | Airbyte San Francisco, CA |
$1.5Bmark 2021-Q4 | $11.62as of 2026-06-27 | -81.4% | Series B · 2021-12-17 · $150M | private |
| 38 | PostHog San Francisco, CA |
$1.4Bmark 2025-Q4 | $50.34as of 2026-06-27 | 0.0% | Series E · 2025-09-30 · $75M | private |
| 39 | Contrast Security Pleasanton, CA |
$1.4Bmark 2021-Q4 | $15.00as of 2026-06-27 | -9.5% | Series E · 2021-10-04 · $150M | private |
| 40 | YugaByte Sunnyvale, CA |
$1.3Bmark 2021-Q4 | $13.57as of 2026-06-27 | -25.5% | Series C · 2021-10-13 · $188M | private |
| 41 | Linear San Francisco, CA |
$1.3Bmark 2025-Q1 | $34.37as of 2026-06-27 | -48.0% | Series C · 2025-01-22 · $82M | no imminent plans |
| 42 | LangChain San Francisco, CA |
$1.3Bmark 2025 | $51.13as of 2026-06-27 | -24.3% | undisclosed | private |
| 43 | Copado Chicago, IL |
$1.2Bmark 2021-Q3 | $6.50as of 2026-06-27 | no round comparison | Series C · 2021-08-18 · $140M | private |
| 44 | News Break New York, NY |
$1.2Bmark 2021-Q1 | no secondary mark | — | Series C1 · 2021-01-07 · $115M | private |
| 45 | Modal Labs New York, NY |
$1.1Bmark 2025-Q3 | $140.24as of 2026-06-27 | +576.2% | Series B · 2025-10-29 · $60M | private |
| 46 | Teleport Oakland, CA |
$1.1Bmark 2022-Q2 | $11.55as of 2026-06-27 | -77.2% | Series C · 2022-05-03 · $110M | private |
| 47 | GirnarSoft Jaipur, India |
$1.1Bmark 2021-Q4 | no secondary mark | — | Series E · 2021-10-13 · $254M | private |
| 48 | Hasura San Francisco, CA |
$1.0Bmark 2022-Q1 | $25.00as of 2026-06-27 | -18.2% | Series C · 2022-02-22 · $103M | private |
| 49 | Stability AI London, UK |
$1.0Bmark 2024-Q2 | $60.00as of 2026-06-27 | no round comparison | Strategic round · 2024-06-15 · $80M | no imminent plans |
| 50 | Stytch San Francisco, CA |
$1.0Bmark 2021-Q4 | $51.00as of 2026-06-27 | +1.0% | Series B · 2021-11-01 · $90M | no imminent plans |
Methodology. Rankings are by each company's latest disclosed valuation (roster + weekly enrichment); the "mark" chip shows when that valuation was set. Secondary share prices are point estimates from secondary-market activity — one implied price per name, no bid/ask — refreshed daily (marks overlay as of 2026-08-16), each carrying its own date. "vs Last Round" compares the secondary price to the company's own last primary round per-share price; rows without a usable comparison say so rather than showing zero. Companies marked acquired, defunct, or public are excluded. Educational data, not investment advice.