The developer tools sector features 33 unicorn startups, with a strong focus on artificial intelligence. Anysphere, an AI research lab that built the coding tool Cursor, is the most valuable company at $29.3 billion.

Other key players provide essential infrastructure for software creation. Cloud database company Airtable has a valuation of $12 billion, while API platform Postman is valued at $6 billion.

Below is the full list of 33 Developer Tools unicorn startups at this time.

Top 10 Most Valuable Developer Tools Unicorns

Anysphere builds AI-powered tools designed to automate software development. They created Cursor, an AI-first code editor that helps engineers write, edit, and understand code faster.

Valuation$29.3B (Joined December 2024)
HeadquartersSan Francisco, California, United States
Year Founded2022
FoundersAman Sanger, Arvid Lunnemark, Michael Truell, Sualeh Asif
Funding Amount$3.4B
Company SizeMid-Size Team (51-250)
Last Funding StatusSeries D
Top InvestorsThrive Capital, OpenAI Startup Fund, Benchmark, Accel, Andreessen Horowitz

Airtable builds a flexible platform that allows teams to create their own custom applications and workflows. They are known for a powerful, spreadsheet-like interface that makes it possible for anyone to build sophisticated tools without needing to code.

Valuation$12B (Joined November 2018)
HeadquartersSan Francisco, California, United States
Year Founded2013
FoundersAndrew Ofstad, Emmett Nicholas, Howie Liu
Funding Amount$1.4B
Company SizeLarge Team (251-1,000)
Last Funding StatusSeries F
Top InvestorsBoxGroup, Founder Collective, Franklin Templeton, Benchmark, Slow Ventures

Reflection.Ai builds coding agents and systems to assist engineering teams in navigating, understanding, and working with codebases. Their AI-powered tools help developers work more efficiently within complex software environments.

Valuation$8B
HeadquartersNew York, New York, United States
Year Founded2024
FoundersIoannis Antonoglou, Misha Laskin
Funding Amount$2.1B
Company SizeMid-Size Team (51-250)
Last Funding StatusSeries B
Top InvestorsNVIDIA, B Capital, Lightspeed Venture Partners, Citi, Sequoia Capital

Postman created an API platform used by millions of developers to design, build, and test their APIs. Their comprehensive toolset helps streamline the entire API lifecycle, making collaboration between teams much simpler.

Valuation$6B (Joined June 2020)
HeadquartersSan Francisco, California, United States
Year Founded2014
FoundersAbhijit Kane, Abhinav Asthana, Ankit Sobti
Funding Amount$433M
Company SizeLarge Team (251-1,000)
Last Funding StatusSeries D
Top InvestorsBond, Nexus Venture Partners, Battery Ventures, Coatue, Insight Partners

Sonar creates a suite of tools for developers focused on writing clean, high-quality code. Their products provide static code analysis that integrates directly into development workflows, offering both open-source and commercial solutions to catch bugs and security issues early.

Valuation$5B
HeadquartersGeneva, Geneve, Switzerland
Year Founded2008
FoundersFreddy Mallet, Olivier Gaudin, Simon Brandhof
Funding Amount$457M
Company SizeLarge Team (251-1,000)
Last Funding StatusSeries B
Top InvestorsAdvent International, Insight Partners, General Catalyst, Permira

Supabase offers an open source backend platform that has become a popular alternative to Firebase. Their suite of tools is built around a PostgreSQL database, giving developers everything they need to build and scale applications.

Valuation$5B (Joined April 2025)
HeadquartersSan Francisco, California, United States
Year Founded2020
FoundersAnthony Wilson, Paul Copplestone
Funding Amount$496.1M
Company SizeMid-Size Team (51-250)
Last Funding StatusSeries E
Top InvestorsLightspeed Venture Partners, Y Combinator, Accel, Peak XV Partners, Craft Ventures

OutSystems builds an AI-powered, low-code platform for developing, deploying, and managing enterprise-grade applications. Their technology allows businesses to create robust apps with significantly less traditional coding.

Valuation$4.3B (Joined June 2018)
HeadquartersBoston, Massachusetts, United States
Year Founded2001
FoundersPaulo Rosado, Rodrigo Coutinho, Rui Pereira
Funding Amount$802.1M
Company SizeMajor Organization (1,001-5,000)
Last Funding StatusSeries G
Top InvestorsTiger Global Management, General Atlantic, Goldman Sachs Growth Equity, Goldman Sachs, Kohlberg Kravis Roberts

Chainguard builds a cloud-native development platform that provides container images with little to no common vulnerabilities. They help developers secure their software supply chain, allowing them to build and run applications using a foundation of trusted, minimal images.

Valuation$4B (Joined July 2024)
HeadquartersKirkland, Washington, United States
Year Founded2021
FoundersDan Lorenc, Kim Lewandowski, Ville Aikas
Funding Amount$892M
Company SizeLarge Team (251-1,000)
Last Funding StatusSeries D
Top InvestorsSpark Capital, General Catalyst, Sequoia Capital, IVP, Lightspeed Venture Partners

Harness builds a Continuous Delivery-as-a-Service platform for engineering and DevOps teams to release applications into production. Their software automates the delivery pipeline, allowing teams to ship code faster and more reliably.

Valuation$4B (Joined January 2021)
HeadquartersSan Francisco, California, United States
Year Founded2017
FoundersJyoti Bansal, Rishi Singh, Rishi Singh
Funding Amount$575M
Company SizeMajor Organization (1,001-5,000)
Last Funding StatusSeries D
Top InvestorsMenlo Ventures, IVP, Gaingels, Norwest, Battery Ventures

Replit builds a collaborative, browser-based IDE that lets developers code, test, and deploy applications without any setup. Their platform is recognized for its powerful AI coding assistant that helps developers write software more efficiently.

Valuation$3B (Joined April 2023)
HeadquartersFoster City, California, United States
Year Founded2016
FoundersAmjad Masad, Faris Masad, Faris Masad, Haya Odeh
Funding Amount$472M
Company SizeMid-Size Team (51-250)
Last Funding StatusSeries C
Top InvestorsCraft Ventures, Andreessen Horowitz, South Park Commons, Khosla Ventures, Amino Capital

The Remaining 23 Developer Tools Unicorns

The top 10 companies only scratch the surface of this growing field. While the United States is home to most of these startups, founders from Europe to India are also building billion-dollar businesses.

This next group includes both established players and newcomers that have grown very quickly. Below are the other developer tool unicorns worth watching.

Unicorn StartupCountryYear FoundedAmount RaisedValuation
Clay logo ClayUnited States2017$202M$3B
LaunchDarkly logo LaunchDarklyUnited States2014$330.3M$3B
Sentry logo SentryUnited States2012$217M$3B
Backbase logo BackbaseThe Netherlands2003€120M$3B
Contentful logo ContentfulGermany2013$349.6M$3B
Sourcegraph logo SourcegraphUnited States2013$248M$3B
Baseten logo BasetenUnited States2019$285M$2.15B
Lovable logo LovableSweden2023$222.5M$2B
Framer logo FramerThe Netherlands2015$161M$2B
Netlify logo NetlifyUnited States2014$212.1M$2B
Apollo GraphQL logo Apollo GraphQLUnited States2016$152M$2B
Docker logo DockerUnited States2011$435.9M$2B
CircleCI logo CircleCIUnited States2011$315M$2B
thatgamecompany logo thatgamecompanyUnited States2012$28.8M$1.94B
Linear logo LinearUnited States2019$134.2M$1.25B
Creatio logo CreatioUnited States2014$268M$1.2B
Copado logo CopadoUnited States2013$270.8M$1.2B
zerohash logo zerohashUnited States2017$282.1M$1B
Redpanda Data logo Redpanda DataUnited States2019$265.5M$1B
PostHog logo PostHogUnited States2020$182.2M$1B
Contrast Security logo Contrast SecurityUnited States2014$269M$1B
Mux logo MuxUnited States2015$173.9M$1B
Hasura logo HasuraIndia2017$136.5M$1B