The Software as a Service sector is home to 178 unicorn companies. The field is led by giants like OpenAI, which has reached a $500B valuation.
The industry also shows signs of rapid growth for newcomers. Sierra, founded in 2023, has already achieved a $10B valuation.
Below is the full list of 178 SaaS unicorn startups at this time.
Top 10 Most Valuable SaaS Unicorns
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Get the Sheet for $50OpenAI develops advanced artificial intelligence systems and large-scale language models. They are widely recognized for creating ChatGPT, a conversational AI that has made the technology accessible to a mainstream audience.
| Valuation | $500B (Joined July 2019) |
| Headquarters | San Francisco, California, United States |
| Year Founded | 2015 |
| Founders | Andrej Karpathy, Durk Kingma, Elon Musk, Greg Brockman, Ilya Sutskever, John Schulman, Pamela Vagata, Sam Altman, Trevor Blackwell, Vicki Cheung, Wojciech Zaremba |
| Funding Amount | $78B |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Venture Round |
| Top Investors | TPG, NVIDIA, Andreessen Horowitz, Citi, Sequoia Capital |
Stripe builds economic infrastructure for the internet, enabling businesses of all sizes to accept payments and manage their finances online. Their suite of APIs is designed for developers, simplifying the integration of complex systems like payment processing, subscription billing, and fraud prevention.
| Valuation | $92B (Joined January 2014) |
| Headquarters | South San Francisco, California, United States |
| Year Founded | 2010 |
| Founders | John Collison |
| Funding Amount | $9.4B |
| Company Size | Enterprise Organization (5,001+) |
| Last Funding Status | Venture Round |
| Top Investors | Founders Fund, Khosla Ventures, Andreessen Horowitz, Sequoia Capital, General Catalyst |
Celonis builds an execution management system that helps companies run their business processes with greater efficiency. They are known for their process mining technology, which reveals operational bottlenecks and provides the tools to fix them.
| Valuation | $13B (Joined June 2018) |
| Headquarters | Munich, Bayern, Germany |
| Year Founded | 2011 |
| Founders | Alexander Rinke, Bastian Nominacher, Martin Klenk |
| Funding Amount | $2.4B |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Series D |
| Top Investors | TCV, Accel, Franklin Templeton, Deutsche Bank, Bank of America |
Airtable created a connected apps platform that blends the familiarity of a spreadsheet with the power of a database. Teams use their tools to build custom applications and automate complex workflows without writing code.
| Valuation | $12B (Joined November 2018) |
| Headquarters | San Francisco, California, United States |
| Year Founded | 2013 |
| Founders | Andrew Ofstad, Emmett Nicholas, Howie Liu |
| Funding Amount | $1.4B |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Series F |
| Top Investors | BoxGroup, Founder Collective, Franklin Templeton, Benchmark, Slow Ventures |
Sierra builds a conversational AI platform for enterprises to create their own intelligent customer service agents. These agents go beyond typical chatbots, using reasoning and tools to understand and resolve complex customer needs.
| Valuation | $10B (Joined October 2024) |
| Headquarters | San Francisco, California, United States |
| Year Founded | 2023 |
| Founders | Bret Taylor, Clay Bavor |
| Funding Amount | $635M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Venture Round |
| Top Investors | Thrive Capital, Sequoia Capital, Conviction, ICONIQ Capital, Benchmark |
Talkdesk builds an AI-powered contact center platform for enterprise companies. Their cloud-based solution provides the tools to turn customer experience into a competitive advantage.
| Valuation | $10B (Joined October 2018) |
| Headquarters | San Francisco, California, United States |
| Year Founded | 2011 |
| Founders | Cristina Fonseca, Tiago Paiva |
| Funding Amount | $497.5M |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Series D |
| Top Investors | Top Tier Capital Partners, Salesforce Ventures, Amity Ventures, Franklin Templeton, 500 Global |
Gusto created a unified software platform that handles payroll, benefits, and HR for small businesses. Their tools simplify complex administrative tasks, from running payroll to managing employee health insurance and retirement plans.
| Valuation | $10B (Joined December 2015) |
| Headquarters | San Francisco, California, United States |
| Year Founded | 2011 |
| Founders | Edward Kim, Josh Reeves, Tomer London |
| Funding Amount | $746.1M |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Venture Round |
| Top Investors | Pear VC, General Catalyst, Y Combinator, Slow Ventures, Kleiner Perkins |
Tanium builds a converged endpoint management platform that unifies IT operations, security, and risk management for large enterprises. Their technology provides real-time visibility and control over millions of endpoints, allowing teams to find and fix issues in seconds.
| Valuation | $9B (Joined March 2015) |
| Headquarters | Kirkland, Washington, United States |
| Year Founded | 2007 |
| Founders | David Hindawi, Orion Hindawi |
| Funding Amount | $1B |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Venture Round |
| Top Investors | IVP, Franklin Templeton, Andreessen Horowitz, Wellington Management, TPG |
Personio builds an all-in-one HR software platform for small and medium-sized businesses. Their People Operating System helps companies manage recruiting, onboarding, and payroll in one place.
| Valuation | $8.5B (Joined January 2021) |
| Headquarters | Munich, Bayern, Germany |
| Year Founded | 2015 |
| Founders | Arseniy Vershinin, Hanno Renner, Ignaz Forstmeier, Jonas Rieke, Roman Schumacher |
| Funding Amount | $724.3M |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Series E |
| Top Investors | Lightspeed Venture Partners, Index Ventures, Visionaries Club, Accel, Northzone |
Carta builds a global ownership management platform that helps companies, investors, and employees manage equity. They are known for simplifying cap table management and stock plan administration for startups and private companies.
| Valuation | $7.4B (Joined May 2019) |
| Headquarters | San Francisco, California, United States |
| Year Founded | 2012 |
| Founders | Henry Ward, Manu Kumar |
| Funding Amount | $1.2B |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Series G |
| Top Investors | Insight Partners, Menlo Ventures, Alumni Ventures, Tribe Capital, Andreessen Horowitz |
The Remaining 168 SaaS Unicorns
The ten most valuable companies are an impressive group, but they represent just a small part of the larger SaaS story. While the United States is home to the majority, founders from Europe to Asia are also building billion-dollar companies.
Each of these companies is tackling a unique problem and growing in its own way. Here’s a look at the other SaaS unicorns worth watching in 2026.