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Public Comps and Valuation Multiples for B2B SaaS

Benchmark revenue and EBITDA valuation multiples for public comps like
Alphabet, Microsoft, Oracle, Cisco and Palantir.

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B2B SaaS

Viewing 50 of 1270 companies with full data

Company	Market Cap	Enterprise Value	LTM Revenue	EV/LTM Revenue	EV/LTM EBITDA
Alphabet	$4.4T	$4.4T	$440B	10.0x	21.9x
Microsoft	$3.0T	$3.0T	$327B	9.1x	15.1x
Oracle	$592B	$711B	$68B	10.5x	19.0x
Cisco	$474B	$489B	$62B	7.9x	20.2x
Palantir	$317B	$309B	$6B	52.3x	93.1x
Alibaba Group	$287B	$282B	$154B	1.8x	16.2x
IBM	$261B	$319B	$69B	4.6x	16.6x
Dell	$248B	$268B	$133B	2.0x	17.9x
SAP	$213B	$210B	$45B	4.7x	14.7x
Palo Alto Networks	$212B	$211B	$11B	19.0x	61.7x
AppLovin	$175B	$176B	$7B	26.3x	31.5x
CrowdStrike	$164B	$160B	$5B	30.8x	110.6x
Salesforce	$144B	$174B	$43B	4.0x	9.8x
Shopify	$143B	$138B	$13B	10.7x	60.1x
S&P Global	$126B	$138B	$16B	8.7x	16.9x
ServiceNow	$110B	$108B	$15B	7.4x	20.0x
Cadence Design Systems	$108B	$109B	$6B	19.2x	40.6x
Fortinet	$101B	$99B	$7B	13.6x	36.8x
Adobe	$96B	$96B	$25B	3.8x	8.0x
Synopsys	$89B	$97B	$9B	11.3x	29.4x
Cloudflare	$83B	$83B	$2B	33.8x	146.5x
Snowflake	$83B	$83B	$5B	16.0x	102.3x
Tata Consultancy Services	$81B	$78B	$29B	2.7x	9.9x
Datadog	$81B	$77B	$4B	20.2x	82.7x
Intuit	$80B	$79B	$21B	3.7x	8.9x
Moody's	$79B	$84B	$8B	10.6x	20.5x
RELX	$61B	$70B	$13B	5.3x	13.2x
Nebius Group	$56B	$56B	$2B	30.5x	94.3x
CoreWeave	$54B	$87B	$8B	10.2x	17.6x
Autodesk	$47B	$47B	$8B	6.2x	15.6x
IDEXX Laboratories	$46B	$47B	$4B	10.4x	29.4x
Constellation Software	$45B	$48B	$13B	3.8x	13.5x
Celestica	$43B	$43B	$15B	2.8x	31.7x
Strategy	$41B	$56B	$488M	115.5x	(27.0x)
Baidu	$41B	$37B	$19B	1.9x	10.6x
Paychex	$36B	$39B	$7B	6.0x	13.0x
Workday	$35B	$34B	$10B	3.4x	10.4x
Roper Technologies	$34B	$44B	$8B	5.4x	13.6x
HCLTech	$32B	$30B	$14B	2.1x	10.2x
NetApp	$32B	$31B	$7B	4.5x	13.7x
Wiwynn	$31B	$32B	$35B	0.9x	13.0x
IQVIA	$31B	$45B	$17B	2.7x	11.6x
Twilio	$31B	$30B	$5B	5.5x	26.6x
Dassault Systemes	$30B	$27B	$7B	3.7x	10.6x
GE HealthCare	$30B	$38B	$21B	1.8x	10.3x
Kuehne + Nagel	$28B	$32B	$31B	1.0x	11.3x
Fair Isaac	$28B	$32B	$2B	13.4x	22.6x
Zoom	$28B	$21B	$5B	4.2x	9.7x
MongoDB	$27B	$25B	$3B	9.5x	47.3x
Veeva	$27B	$20B	$3B	6.0x	13.2x
Amadeus	$26B		$8B
VeriSign	$26B		$2B
Atlassian	$24B		$6B
Corpay	$23B		$5B
Hexagon	$23B		$6B
HiThink	$23B		$986M
DCI Indonesia	$23B		-
F5	$22B		$3B
Aristocrat Leisure	$22B		$4B
Liberty Media	$22B		$5B
Okta	$21B		$3B
Fidelity Information Services	$21B		$12B
CyberArk Software	$21B		-
Zscaler	$20B		$3B
Snap-on	$20B		$5B
Akamai	$20B		$4B
Nextpower	$18B		$4B
DigitalOcean	$18B		$1B
Broadridge	$17B		$7B
CDW	$17B		$23B
SS&C Technologies	$17B		$6B
Wolters Kluwer	$16B		$7B
PTC	$16B		$3B
iFlytek	$16B		$4B
Kingsoft Office Software	$15B		$937M
Gen Digital	$15B		$5B
Elm	$15B		$3B
Rubrik	$15B		$1B
Computershare	$15B		$3B
Toast	$15B		$7B
CGI	$14B		$12B
CoStar Group	$14B		$3B
United Imaging	$14B		$2B
Nutanix	$14B		$3B
Check Point Software	$13B		$3B
Tyler Technologies	$13B		$2B
Unity	$12B		$2B
Pro Medicus	$12B		$181M
Aurora Innovation	$12B		$8M
Applied Digital	$12B		$424M
Dynatrace	$12B		$2B
ICON plc	$12B		$8B
CACI International	$12B		$10B
Indra Sistemas	$11B		$7B
Confluent	$11B		-
Figma	$11B		$1B
GoDaddy	$11B		$5B
Ryder	$11B		$13B
OBIC	$11B		$864M
AES	$10B		$12B
Guidewire	$10B		$1B
Sage	$10B		$4B
HubSpot	$10B		$3B
Bentley Systems	$10B		$2B
Zhuzhou CRRC Times	$10B		$4B
JD Logistics	$10B		$35B
Qihoo 360	$10B		$1B
JFrog	$10B		$576M
Xero	$10B		$2B
theTradeDesk	$9B		$3B
WiseTech Global	$9B		$1B
FactSet	$9B		$2B
SailPoint	$9B		$1B
Tempus AI	$9B		$1B
Manhattan Associates	$9B		$1B
Core Scientific	$9B		$464M
Full Truck Alliance	$9B		$2B
Nemetschek	$8B		$1B
Sinar Mas Multiartha	$8B		-
Nextdc	$8B		$342M
Empyrean Technology	$8B		$219M
SenseTime Group	$8B		$826M
Endeavor Group Holdings	$8B		-
TechnologyOne	$8B		$454M
Beijing Compass Technology	$7B		$359M
Glaukos	$7B		$562M
Clearwater Analytics	$7B		$827M
Oracle Corp Japan	$7B		$2B
Morningstar	$7B		$3B
solutions by stc	$7B		$3B
GDS Holdings	$7B		$2B
Procore	$7B		$1B
M3 Inc.	$7B		$2B
ServiceTitan	$7B		$1B
Ingram Micro	$7B		$54B
Baosight	$7B		$2B
InterDigital	$7B		$778M
Descartes Systems Group	$6B		$759M
Dropbox	$6B		$3B
Elastic	$6B		$2B
Paycom	$6B		$2B
Parsons	$6B		$6B
Hundsun	$6B		$869M
Topicus	$6B		$2B
Amdocs	$6B		$5B
Computacenter	$6B		$13B
Paylocity	$6B		$2B
AppFolio	$6B		$1B
Tata Communications	$6B		$3B
Allfunds	$6B		$762M
Enact Holdings	$6B		$1B
Pegasystems	$6B		$2B
UiPath	$6B		$2B
Presight AI	$6B		$914M
Yonyou Hong Kong	$5B		$1B
United Internet	$5B		$7B
Geovis	$5B		$461M
Open Text	$5B		$5B
NICE	$5B		$3B
Clear Secure	$5B		$984M
Octave Intelligence	$5B		$2B
Wangsu	$5B		$723M
Zeta Global	$5B		$2B
SentinelOne	$5B		$1B
Navan	$5B		$763M
BlackBerry	$5B		$561M
WEX	$5B		$3B
GitLab	$5B		$1B
Trend Micro	$5B		$2B
EquipmentShare.com	$5B		$5B
CommVault Systems	$5B		$1B
HopeRun	$5B		$617M
Amex GBT	$5B		$3B
Sportradar	$5B		$2B
IONOS Group	$5B		$2B
Dameng Database	$5B		$217M
ThunderSoft	$5B		$1B
OneStream	$4B		-
Klaviyo	$4B		$1B
CyberAgent	$4B		$6B
ACI Worldwide	$4B		$2B
Monday.com	$4B		$1B
Bicecorp	$4B		$744M
Shenzhen Fortune Trend	$4B		$60M
Pateo Connect Tech	$4B		$649M
State Grid Yingda	$4B		$2B
Lumine Group	$4B		$839M
Stride	$4B		$3B
Qualys	$4B		$694M
XtalPi	$4B		$131M
Easy Click Worldwide	$4B		$647M
Bread Financial	$4B		$4B
Doximity	$4B		$650M
Varonis Systems	$4B		$672M
Waystar	$4B		$1B
Box	$4B		$1B
GRG Banking	$4B		$2B
TOTVS	$4B		$1B
Wuchan Zhongda Group Co	$4B		-
Digital China	$4B		$22B
DHC Software	$4B		-
Internet Initiative Japan	$3B		$2B
Kadant	$3B		$1B
Haizhi	$3B		$108M
Delhivery	$3B		$1B
Shenzhen Intellifusion	$3B		$217M
Kingsoft Cloud	$3B		$2B
Odine	$3B		-
BILL.com	$3B		$2B
Kingdee	$3B		$1B
Adeia	$3B		$432M
Sinnet Technology	$3B		$1B
Shiji Group	$3B		$420M
TravelSky	$3B		$1B
RingCentral	$3B		$3B
NCR Atleos	$3B		$4B
Kinaxis	$3B		$586M
Cellebrite	$3B		$516M
Innodata	$3B		$298M
AJ Bell	$3B		$474M
Tata Technologies	$3B		$600M
Teradata	$3B		$2B
Shanghai Suochen	$3B		$79M
CorVel	$3B		-
TGS	$3B		$2B
SoundHound	$3B		$197M
Infleqtion	$3B		$36M
Sinch	$3B		$3B
Tenable	$3B		$1B
Fastly	$3B		$666M
NetScout Systems	$3B		$868M
East Buy	$3B		$805M
NextNav	$3B		$4M
Diebold Nixdorf	$3B		$4B
Privia Health	$3B		$2B
CCC Intelligent Solutions	$3B		$1B
Q2 Holdings	$3B		$832M
Servyou Software Group	$3B		$329M
Uniti Group	$3B		$3B
OVHcloud	$3B		$1B
Tieto	$3B		$2B
Vusion	$3B		$2B
Newland Digital Tech	$3B		$1B
Biprogy	$3B		$3B
Business-intelligence	$3B		$436M
VNET Group	$3B		$2B
Netweb Technologies India	$3B		$269M
Shanghai DZH	$3B		-
Freshworks	$3B		$893M
QiAnXin	$3B		$668M
Megaport	$3B		$216M
Agilysys	$3B		$329M
Beijing Jetsen Technology	$3B		-
Transwarp	$3B		$70M
Braze	$3B		$795M
Mobvista	$2B		$2B
Calix	$2B		$1B
PDF Solutions	$2B		$238M
Nayax	$2B		$451M
Xiamen Xiangyu Co	$2B		$62B
UCloud Technology	$2B		-
Venustech Group	$2B		$364M
Lufax Holding	$2B		$4B
CAF	$2B		$5B
CSG Systems	$2B		$1B
Glodon Co	$2B		$903M
SoftwareOne	$2B		$2B
Magnite	$2B		$703M
LiveRamp	$2B		$827M
AvePoint	$2B		$461M
A10 Networks	$2B		$306M
Banner	$2B		$695M
Beijing Ultrapower	$2B		$880M
Affle 3i	$2B		$295M
Douzone Bizon	$2B		$316M
WeRide	$2B		$124M
TRS Information Technology	$2B		$76M
CloudWalk	$2B		-
KPIT Technologies	$2B		$694M
Shawbrook Group	$2B		$976M
Vertex	$2B		$783M
Weaver Network	$2B		$348M
iFAST Corp	$2B		$442M
Xinhua Winshare	$2B		$2B
Alibaba Pictures Group	$2B		$1B
Bandwidth	$2B		$814M
SPS Commerce	$2B		$772M
Wix.com	$2B		$2B
Transfar Zhilian Co	$2B		$4B
Aisino	$2B		-
Computer Age Management Services	$2B		$163M
HBX Group	$2B		$824M
Longshine Technology	$2B		$709M
BigBear.ai	$2B		$134M
Harbin Boshi Automation	$2B		$428M
Hamburger Hafen	$2B		-
Alef Education	$2B		$209M
Omnicell	$2B		$1B
Intapp	$2B		$571M
SEMrush	$2B		$444M
Proto Labs	$2B		$551M
Wasu Media Holding	$2B		-
SureKAM Corporation	$2B		$1B
Appian	$2B		$771M
Jamf	$2B		-
Asana	$2B		$816M
Zwsoft	$2B		$139M
Shenzhen Kingdom Sci-tech	$2B		$363M
Ncino	$2B		$613M
Hilan	$2B		-
CETC Cyberspace Security	$2B		-
BlackLine	$2B		$730M
Five9	$2B		$1B
Alkami Technology	$2B		$482M
Yusys Technologies	$2B		$552M
Wondershare	$2B		$238M
MyEG	$2B		$361M
Richinfo Technology	$2B		$290M
DoubleVerify	$2B		$779M
EverCommerce	$2B		$604M
Opera	$2B		$669M
Qingdao Baheal Medical	$2B		$1B
C3.ai	$2B		$247M
Justsystems	$2B		$325M
Ygsoft	$2B		$396M
Planisware	$2B		$242M
Digiwin	$2B		$369M
Clarivate	$2B		$2B
Aeva	$2B		$25M
Secunet	$2B		$551M
Grupo Assa	$1B		-
Abaxx Technologies	$1B		-
PCITECH	$1B		$2B
Harmonic	$1B		$418M
ATOSS Software	$1B		$235M
Karooooo	$1B		$350M
Youdao	$1B		$907M
DPtech	$1B		$187M
Neusoft	$1B		$2B
eFinance	$1B		-
Imdex	$1B		$359M
Ireader	$1B		-
Money Forward	$1B		$343M
Progress Software	$1B		$986M
PEXA Group	$1B		$286M
GuoChuang Software	$1B		-
Indegene	$1B		$386M
Lightspeed Commerce	$1B		$1B
Taboola	$1B		$2B
Blackbaud	$1B		$1B
74Software	$1B		$841M
Playtech	$1B		$899M
Sprinklr	$1B		$861M
Optasia	$1B		-
Pagaya	$1B		$1B
Sansan	$1B		$338M
LES Info	$1B		$201M
Anterix	$1B		$6M
e-Hualu	$1B		-
GigaCloud Technology	$1B		$1B
Radware	$1B		$314M
Altus Group	$1B		$348M
Marketingforce Management	$1B		$491M
Digital Turbine	$1B		$581M
Shenzhen Sunline	$1B		$306M
Rackspace	$1B		$3B
Sify Technologies	$1B		$707M
Beijing Topnew Info	$1B		-
Beijing eGova	$1B		-
JSTI	$1B		$602M
Net263	$1B		-
Schrödinger	$1B		$247M
Teamviewer	$1B		$900M
Arcs Co	$1B		$4B
Fujian Boss Software	$1B		$295M
Deluxe	$1B		$2B
Vitec Software	$1B		$411M
Global Infotech	$1B		-
Sumavision	$1B		-
Saga	$1B		$948M
MBB	$1B		$1B
Porch Group	$1B		$455M
Telekom Slovenije	$1B		-
SMS	$1B		$412M
Quantgroup Holding	$997M		-
Foxit Software	$976M		$173M
Jiangsu Tongxingbao	$974M		-
Center	$972M		$262M
MedicalSystem Technology	$967M		$50M
LegalZoom	$964M		$785M
NCR Voyix	$963M		$2B
McMillan Shakespeare	$952M		$422M
Smarter Microelectronics	$952M		$131M
Sinodata	$945M		-
Beijing CTJ Info Tech	$945M		$126M
U.S. Physical Therapy	$941M		$806M
Donnelley Financial Solutions	$936M		$771M
Wiit	$933M		$199M
Rezolve AI	$931M		$181M
Montnets	$930M		-
Qiming Information	$927M		-
Amplitude	$923M		$368M
Guotai Epoint Sofware	$922M		$268M
Systena	$919M		$596M
Amagi Media Labs	$914M		$164M
Beijing Join-Cheer	$911M		-
CANCOM	$909M		$2B
Fujian Apex Software	$904M		$90M
Ucap Cloud Information	$889M		-
E2E Networks	$877M		$34M
Magic Software	$866M		-
Sphere	$864M		-
PHC Holdings	$861M		$2B
Abacus Global Management	$858M		$252M
Criteo	$856M		$1B
B-Soft Co.	$852M		$162M
Datasection	$850M		$212M
Pexip	$837M		$129M
Asiainfo Security	$829M		$1B
Jiuyuan Yinhai	$827M		$184M
Tinexta	$823M		$537M
PSI Software	$814M		$346M
Asseco Business Solutions	$812M		$136M
IRESS	$804M		$385M
RaySearch Labs	$789M		$150M
Vobile	$788M		$400M
cyber_Folks	$788M		$248M
RPMGlobal	$780M		$64M
Ibotta	$776M		$344M
Qt Group	$773M		$263M
HealthStream	$760M		$314M
Weimob	$759M		$247M
Linewell Software	$753M		-
TomTom	$752M		$647M
Sunyard Technology	$751M		-
Red Violet	$746M		$97M
NSFOCUS	$738M		$393M
Freee	$735M		$260M
Lectra	$726M		$589M
SiteMinder	$725M		$191M
Newgen Software Technologies	$717M		$169M
Datagroup	$717M		$644M
Tanla Platforms	$715M		$433M
Riskified	$714M		$360M
Vercom	$714M		$138M
Lunit	$712M		$60M
Hanwang Technology Co	$711M		-
Plus Alpha Consulting	$709M		$118M
Duolun Technology	$708M		-
Mensch und Maschine	$704M		$286M
Auction Technology Group	$703M		$231M
Bravura Solutions	$701M		$197M
Inspur	$700M		-
Enghouse Systems	$691M		$356M
SAKURA Internet	$682M		$237M
Information Services Corporation	$681M		$192M
Craneware	$680M		$225M
Equasens	$675M		$284M
PagerDuty	$674M		$493M
THG	$669M		$2B
Cybozu	$669M		$254M
MNTN	$667M		$317M
Intralot	$665M		$1B
Addnode Group	$661M		$647M
Star Micronics	$659M		$487M
Hansen Technologies	$659M		$283M
Cognyte Software	$656M		$416M
Sabre	$656M		$3B
Nanjing Medlander Medical	$653M		-
Yidu Tech	$651M		-
New Trend International Logis-Tech	$648M		-
Shenzhen Sunwin	$645M		-
Beijing VRV Software	$643M		-
Septeni Holdings	$640M		$201M
Spire Global	$629M		$75M
Consensus Cloud	$629M		$353M
GB Group	$627M		$387M
Alfa Financial Software	$627M		$174M
Forge Global	$623M		-
ODDITY Tech	$619M		$728M
Julong Holding	$613M		-
Rank Group	$612M		$1B
N-able	$608M		$531M
BTQ Technologies	$604M		$2M
ExaWizards	$604M		$80M
Shang Gong Group	$604M		-
Vtex	$604M		$253M
ZUKEN	$602M		$273M
Sansec	$595M		$88M
Infomart	$592M		$127M
Clobot	$592M		-
AsiaInfo	$591M		$948M
Echo IQ	$591M		$536K
HCR Co	$588M		-
INIT SE	$585M		$414M
Napatech	$584M		$28M
Heren Health	$582M		-
Nagarro	$574M		$1B
Phreesia	$574M		$493M
Edarat Group	$559M		-
PAR Technology	$558M		$479M
Happiest Minds Technologies	$554M		$250M
Netcad	$553M		-
Brilliance Technology	$552M		-
Perfect Presentation	$548M		-
NCC Group	$538M		$387M
Baida Group Co	$537M		-
PubMatic	$535M		$288M
FINEOS	$534M		$167M
AMTD Digital	$534M		-
Client Service International	$533M		-
Tsuburaya Fields Holdings	$533M		$1B
Appier Group	$533M		$309M
PKSHA Technology	$530M		$206M
Fixstars	$527M		$62M
KSEC Intelligent Technooogy	$518M		-
OneSpan	$518M		$245M
Zhejiang Netsun	$516M		-
WingArc1st	$514M		$200M
Veradigm	$506M		$586M
Huitongda Network	$504M		$8B
MediaAlpha	$503M		$1B
CE Info Systems	$503M		$52M
Mia Teknoloji	$501M		-
Chrysos Corp.	$497M		$62M
Quadient	$496M		$1B
Guiyang Longmaster	$495M		-
GPI Group	$494M		$650M
IDOX	$488M		$122M
Cerillion	$486M		$67M
Hightech Payment Systems	$484M		$173M
Claritev	$483M		$978M
Shanghai Wondertek	$480M		-
Datamatics Global Services	$478M		$210M
Ooma	$476M		$293M
Nexxen	$475M		$369M
Baudroie	$475M		$120M
Wirtualna Polska	$474M		$629M
Rapid7	$474M		$850M
Ribbon Communications	$467M		$841M
Beijing Hanyi Innovation	$466M		-
Kambi Group	$463M		$193M
Ropeok Technology Group	$462M		-
EVS Broadcast Equipment	$461M		$254M
Broadleaf	$456M		$130M
Docebo	$454M		$253M
Cerence	$447M		$296M
Weave Communications	$444M		$256M
Kneat	$443M		$51M
Aurionpro Solutions	$443M		$155M
Backblaze	$443M		$153M
Homag Group	$441M		-
Inspur Digital Enterprise	$441M		$1B
Moschip Technologies	$434M		-
Qibu	$426M		-
F-Secure	$424M		$175M
Sprout Social	$418M		$474M
Juhe Data	$416M		-
Ming Yuan Cloud Group	$415M		$186M
eMudhra	$413M		$78M
Blend Labs	$409M		$127M
Fukui Computer Group	$407M		$106M
IVU Traffic Technologies	$404M		$180M
Medical Data Vision	$400M		$42M
Itsec Asia	$400M		$40M
Gloo	$396M		$130M
Medley Inc.	$394M		$262M
Perfect Group Corp	$389M		$241M
Tecsys	$388M		$139M
Kolon Plastics	$388M		-
Locaweb	$387M		$298M
Baiwang Cloud	$386M		-
Materialise	$385M		$318M
Agora	$383M		$149M
i3 Verticals	$383M		$221M
Silvaco Group	$382M		$67M
Yext	$382M		$449M
Pinewood Technologies	$380M		$64M
Proact IT Group	$379M		$528M
Beijing Seeyon Internet	$377M		$139M
Tasuki Holdings	$375M		-
Verve Group	$373M		$716M
GrocerIQ	$372M		-
Real Brokerage	$361M		$2B
Similarweb	$359M		$294M
D2L	$359M		$223M
AHNLAB	$358M		-
Ainsworth Game Technology	$353M		$198M
Allot	$353M		$108M
Route Mobile	$351M		$470M
Kinx	$351M		-
WithSecure	$350M		$188M
Smart Eye	$347M		$58M
Network People Services	$343M		-
ON24	$341M		-
Unit	$334M		-
Duos Technologies	$333M		$36M
Automated Bank Services	$332M		-
Kernex Microsystems	$332M		-
Vitalhub	$331M		$86M
Telos	$330M		$178M
Echo Marketing	$324M		-
Simulations Plus	$324M		$81M
Leonteq	$323M		$251M
Miroku Jyoho Service	$323M		$310M
Wabash National	$323M		$2B
Hanyang Eng	$322M		-
Shoper	$318M		$62M
Software Service	$317M		$274M
Perion Network	$315M		$450M
63 Moons	$314M		-
SmartCraft	$313M		$60M
Pollard Banknote	$311M		$441M
Vista Group	$310M		$101M
Digital Arts	$310M		$72M
Cafe24	$307M		$219M
Palladyne AI	$303M		$14M
Forward Industries	$302M		$48M
Logo Yazılım	$299M		$153M
m-up holdings	$295M		$205M
Seeing Machines	$294M		$85M
Hancom	$294M		$232M
Lime Technologies	$291M		$84M
Netcall	$289M		$77M
Sidetrade	$285M		$76M
Energy One	$285M		$49M
Text SA	$280M		$90M
Unisys	$279M		$2B
Alpha Systems	$278M		$260M
Zaggle Prepaid Ocean	$278M		$214M
Ascom	$276M		$375M
TechTarget	$269M		$492M
A2Z Cust2Mate	$267M		$16M
Hitit	$265M		$45M
CM.com	$264M		$311M
Coveo Solutions	$263M		$151M
GABIA	$261M		-
Valid	$261M		-
Softcreate Holdings	$261M		$218M
Digimarc	$260M		$32M
Protean eGov Technologies	$259M		$107M
Gentrack Group	$259M		$134M
eVISO	$256M		$380M
Asure Software	$256M		$149M
Streamwide	$252M		$32M
Praemium	$252M		$79M
Qoria	$252M		$98M
8x8	$250M		$736M
Squirrel Media	$250M		$330M
PhilWeb	$243M		-
Polaris Holdings	$242M		$313M
Avant Group	$242M		$197M
Cy4gate	$239M		$121M
Viant	$238M		$230M
Vrain Solution	$236M		$23M
Datawalk	$234M		-
Voicecomm Technology	$232M		-
Meridian	$231M		$131M
ActiveOps	$230M		$60M
Value HR	$229M		$66M
CS Disco	$228M		$165M
Brightcom Group	$226M		-
Linedata Services	$225M		$202M
Spok	$225M		$140M
Vecima Networks	$224M		$211M
Safie	$224M		$134M
Turn Cloud Technology	$223M		-
Crexendo	$221M		$81M
Systems Engineering	$220M		$71M
Expert.ai	$219M		$52M
Inspired Entertainment	$218M		$285M
SmartRent	$218M		$148M
Arqit Quantum	$217M		$530K
Profile Software	$216M		-
Cint Group	$216M		$177M
DUG Technology	$215M		$84M
Hennge	$214M		$71M
Radcom	$214M		$74M
Etteplan	$214M		$424M
EM Systems Co.	$212M		$151M
WildBrain	$211M		$199M
Kaltura	$210M		$182M
Computer Modelling Group	$210M		$91M
TerraSky	$209M		$186M
Note Inc.	$208M		$26M
Appen	$208M		$250M
Jiayin Group	$204M		-
Hyundai Futurenet	$203M		-
Southern Cross Austereo	$202M		$1B
MTI Ltd.	$200M		$191M
Nordhealth	$200M		$62M
eGain	$199M		$91M
oRo Co.	$196M		$56M
Densan System Holdings Co	$195M		$440M
FreeBit	$194M		$389M
dotDigital Group	$194M		$123M
WALLIX	$193M		$51M
BASE	$191M		$135M
Ever Fortune.AI	$189M		-
Asteria	$187M		$21M
Eagle Eye	$186M		$61M
Kusurinomadoguchi	$185M		$80M
TON Strategy	$183M		$13M
Fortifai	$183M		-
Emro	$182M		$57M
ReposiTrak	$181M		$24M
Msg Life	$179M		-
User Local	$179M		$31M
Amiya	$178M		$39M
Tribal Group	$174M		$124M
Accelya Solutions India	$173M		-
WonderFi	$173M		-
CyberLink	$173M		$79M
cBrain	$173M		$42M
CE Holdings	$172M		$103M
Perfect Corp.	$172M		$72M
Beeks Group	$172M		$54M
Suresofttech	$171M		-
Formpipe Software	$170M		$31M
DHH	$169M		$53M
Fan Communications	$168M		$46M
Thryv	$168M		$715M
NetClass Technology	$168M		-
Ateme	$168M		$114M
eWeLL	$167M		$24M
AnyMind Group	$167M		$431M
Startia Holdings	$166M		$151M
Gogolook	$166M		-
Fabasoft	$165M		$105M
Hibino	$165M		$434M
Enea	$165M		$99M
PCA Corp.	$162M		$108M
i-mobile Co.	$162M		$146M
Carasent	$158M		$40M
Selvas AI	$158M		-
Acusensus	$153M		$39M
Aptitude Software	$153M		$87M
DHI Group	$152M		$127M
Airdoc	$152M		$25M
HYBRID Software Group	$151M		$71M
eCloudvalley Digital Tech	$151M		-
Intelligent Wave	$151M		$106M
Tucows	$151M		$390M
Magellanic Cloud	$151M		-
Admicom	$150M		$45M
Tecnotree	$150M		-
Veritone	$150M		$114M
Domo	$148M		$319M
Performance Technologies	$148M		$107M
Micro Systemation	$147M		-
Serviceware	$146M		$143M
Kanamic Network	$143M		$38M
Abeja	$143M		$27M
Coocon	$142M		-
Net Insight	$141M		$58M
Plaid	$141M		$116M
wrkr	$140M		$11M
MotorK	$140M		$48M
SaverOne	$140M		-
accesso	$139M		$151M
I-Scream Media	$138M		-
RM plc	$137M		$217M
ReadyTech	$137M		$88M
Eleco	$136M		$53M
Brave Bison Group	$136M		$55M
Saltlux	$136M		-
Daea Ti	$136M		-
Roadzen	$135M		$61M
Toyokumo	$135M		$32M
Link Bilgisayar	$135M		-
Platform Group	$135M		-
Ivalue Infosolutions	$135M		$114M
NeoJapan	$134M		$52M
CSU Digital	$133M		-
Azerion Group	$132M		-
51 Talk	$132M		-
SSH Communications Security	$131M		$26M
Tracsis	$131M		$111M
Cheetah Mobile	$130M		$167M
Aeternal Mentis	$130M		-
E&M Computing	$128M		-
Dekuple	$127M		$286M
Spectra Systems	$127M		-
OpenWork	$125M		$30M
Brand Engagement Network	$125M		-
Briox	$125M		-
Findex	$124M		$39M
Genesys International	$124M		-
AtaTP	$123M		-
Adisyn	$121M		-
AmeriTrust	$120M		$2M
Konan Technology	$120M		-
Team Internet	$120M		$293M
comScore	$119M		$359M
Kudan	$119M		$8M
Haivision Systems	$119M		$102M
1Spatial	$117M		-
MNC Financial Services	$117M		-
Infinitt Healthcare	$117M		-
PodcastOne	$117M		$63M
EROAD	$117M		$114M
Nano X Imaging	$116M		$21M
Teads Holding	$115M		$1B
UNITED	$115M		$56M
Expensify	$115M		$139M
Sangoma	$114M		$206M
Cyber Security Cloud	$113M		$33M
GrandTech Cloud Services	$112M		-
Polaris Office	$111M		-
Serko	$110M		$71M
Qiniu Cloud	$107M		$257M
Fonet	$107M		-
eBASE	$107M		$33M
TTEC	$107M		$2B
Bharat Global Developers	$105M		-
Solvvy	$105M		$47M
Arbe Robotics	$104M		$3M
Synchronoss	$104M		-
Dye & Durham	$103M		$291M
Easou	$103M		-
Oneview Healthcare	$102M		$16M
CareCloud	$102M		$125M
Kingwaytek Technology	$101M		-
Unicommerce	$100M		$22M
SoundThinking	$100M		$106M
Lemonsoft	$99M		$35M
Rekor	$98M		$51M
Elements	$98M		-
Airship AI	$98M		$21M
JIG-SAW	$98M		$23M
Toku	$97M		$38M
Digital Hearts Holdings	$97M		$248M
MicroAd	$97M		$101M
OptimizeRx	$95M		$104M
Alcidion Group	$95M		$33M
Intercede Group	$94M		$24M
Unirita	$93M		$78M
Eva Live	$93M		-
CyCraft Technology	$91M		-
Arab Sea	$90M		-
Definitive Healthcare	$90M		$234M
NameSilo	$89M		-
Rank One Computing	$89M		$21M
WISeKey	$88M		$25M
Advenica	$88M		$23M
Xp Industrial FII	$87M		-
AutoCount	$87M		-
Redwood AI	$87M		-
Logory	$86M		-
Gambling.com Group	$86M		$165M
RS2	$86M		-
AudioEye	$85M		$42M
Cloud Technologies S.A.	$84M		-
Veefin	$83M		-
Done.ai Group	$83M		-
CSP Inc.	$83M		-
Xuan Wu Cloud	$82M		-
Coheris	$82M		-
TAC Infosec	$81M		-
Omda	$81M		$53M
Loihde	$81M		-
AEye	$81M		$2M
HighCo	$81M		$129M
Bilendi	$81M		$108M
Lucas GC	$80M		-
Laboro AI	$79M		$12M
NextNRG	$78M		$92M
Making Science	$78M		-
Kubell	$77M		$62M
Corero Network Security	$77M		$27M
Heroz	$77M		$40M
Made Tech	$76M		$77M
Audius	$76M		$135M
DocCheck	$75M		-
Succeed Co	$75M		$27M
ad pepper media	$74M		$77M
Credit Clear	$74M		$40M
Research Solutions	$74M		$48M
KT Nasmedia	$73M		$81M
Exasol	$73M		$48M
BIMobject	$72M		-
Wins Technet	$72M		-
JLK	$71M		-
Geniee	$71M		$84M
Razor Labs	$71M		-
Adtraction Group	$70M		$133M
Pluszero	$70M		$11M
Pulsar Group	$70M		$84M
Aiforia	$69M		$5M
Stem	$69M		$156M
Alarum Group	$69M		-
Health In Tech	$69M		$39M
Oxford Metrics	$69M		$64M
Pangaea Oncology	$68M		-
Forian	$68M		-
Susmed	$67M		$3M
Marchex	$67M		$45M
Fluent	$66M		$209M
Seresco	$66M		-
Maum AI	$65M		-
Innovana Thinklabs	$65M		-
Adways	$64M		$79M
Microlise	$64M		$94M
IZEA Worldwide	$64M		$31M
Investor.bg	$64M		-
ValueCommerce	$63M		$155M
Facephi Biometria	$63M		$47M
IODM	$63M		-
InfraCom Group	$63M		$89M
C2C Advanced Systems	$62M		-
WiseNut	$62M		-
Lesi Group	$62M		-
CreateAI Holdings	$62M		-
SMAIO	$62M		$12M
Vinyl Group	$61M		-
Autocrypt	$60M		-
Sylogist	$60M		$45M
Stakk	$59M		-
ezCaretech	$59M		-
Neogrid	$58M		-
Argo	$58M		-
Thinkific Labs	$58M		$74M
Cyberoo	$58M		-
Netbay	$57M		$23M
Orchestra Holdings	$57M		$103M
Agile Content	$57M		$99M
SpiderPlus	$57M		$32M
Railtown AI Technologies	$56M		-
Ailleron	$56M		$162M
RSUPPORT	$56M		-
PharmX Technologies	$56M		-
Doxee	$55M		$38M
Skillsoft	$55M		$509M
WebCash	$55M		$51M
NETSOL Technologies	$52M		-
LGMS	$52M		$12M
Fast Accounting co	$52M		$17M
tripla	$52M		$20M
Generic Sweden	$51M		$21M
Mach7 Technologies	$50M		$20M
Creactives Group	$50M		$10M
Adveritas	$50M		$8M
StrongPoint	$50M		$147M
Link-U Group	$50M		$33M
Opter	$50M		-
Enechange	$50M		$42M
Cyan	$49M		$12M
MeVis	$49M		-
Tamtron Group	$49M		$66M
ViewBix	$49M		-
Sentinel Holdings	$48M		-
Newen AI	$48M		-
GetBusy	$48M		$30M
Celebrus	$48M		$24M
EQ Inc.	$48M		-
Claranova	$48M		$111M
Gigas Hosting	$48M		-
EUDA Health	$47M		-
PCI Pal	$47M		$32M
FLOWSPARKS	$47M		-
Valtes Holdings	$47M		$76M
Unerry	$46M		$31M
IFIRMA	$46M		-
Rocket Doctor AI	$46M		$2M
Galaxy Gaming	$46M		-
Upsales	$44M		$17M
Data Horizon	$44M		-
SOFTMAX	$43M		$45M
Jig.jp	$43M		$92M
Minehub Technologies	$42M		-
Revu Corporation	$42M		-
OTRS	$42M		-
Prologue	$41M		$57M
Insung Information	$41M		-
Vanfund Urban Investment	$41M		-
BIT Computer	$41M		-
TradeDoubler	$41M		$248M
Mentice	$40M		$32M
learnd	$40M		-
Cheche Group	$39M		$443M
111	$39M		-
Elliptic Laboratories	$38M		$11M
Vertoz	$38M		-
Maps	$38M		$39M
Wiseway Group	$38M		-
Urbanise	$38M		$9M
Aether Holdings	$37M		$1M
Integrated Research	$37M		$44M
Helport AI	$36M		-
Black Pearl Group	$36M		-
Datrix	$35M		$15M
Latch	$35M		-
Beeline Holdings	$35M		$17M
Softing	$35M		$101M
Deepnoid	$35M		-
Change Financial	$35M		$18M
Checkit	$35M		$19M
SecuLetter Co	$34M		-
Broadpeak	$34M		$53M
Techstep	$34M		-
LSI Software	$33M		-
Growens	$33M		$90M
Reckon	$33M		$44M
Ion Video	$33M		-
Terranet	$33M		-
ABS-CBN	$33M		-
Doctor Care Anywhere	$32M		$54M
ISPD Network	$32M		$172M
Netgem	$32M		$37M
Artist Co	$32M		-
archTIS	$31M		$4M
All About	$31M		$98M
Lighton	$31M		$3M
Satsuma Technology	$31M		-
Diginex	$30M		-
Zoomd	$30M		$48M
Holaluz	$29M		$178M
Aware	$29M		-
Mobiquity Technologies	$29M		-
Cirata	$29M		$12M
Avilen	$29M		$11M
XBP Europe	$28M		$800M
Neovici	$28M		-
Nord Insuretech Group	$28M		-
Intellinetics	$27M		$17M
Trident Techlabs	$27M		-
RESAAS	$27M		-
Beamr	$27M		$3M
Binero Group	$27M		$57M
Iomart Group	$27M		$207M
Cardlytics	$27M		$198M
FreeCast	$27M		-
Yoc	$27M		$46M
Substrate Artificial	$26M		-
Vianet	$26M		$21M
Prelude	$25M		-
Verimatrix	$25M		$37M
Keyware	$25M		-
LivePerson	$25M		$225M
Firefly Neuroscience	$25M		-
Litium	$25M		$10M
YXT.com	$25M		-
System1	$25M		$266M
ContextVision	$24M		$12M
Everlert	$24M		-
Scrypt	$24M		-
Insig AI	$24M		-
CXApp	$24M		$5M
AVM Software	$24M		$25M
Intershop Communications	$23M		$38M
NamSys	$23M		-
PaySauce	$23M		-
Carelabs	$23M		-
Cambridge Cognition	$23M		$14M
Crunchfish	$23M		$550K
Glad Cube	$22M		$11M
LeadDesk	$22M		$46M
Jinxin Technology Holding Co.	$22M		-
Bambuser	$22M		-
RareJob	$22M		$60M
Racing and Sports	$22M		$14M
Upland Software	$22M		$209M
Duiba Group	$22M		-
CodeMill	$22M		-
MMA.inc	$21M		-
JiaChen Holding Group	$21M		-
CHieru Co	$21M		$64M
Veea	$21M		-
Verify Smart	$21M		-
CareView Communications	$20M		-
Teneo AI	$20M		-
Youxin Technology	$20M		-
Beamtree	$20M		$16M
M4B S.A.	$20M		-
SysGroup	$20M		$30M
CStore	$20M		-
MIND C.T.I.	$20M		-
HUI	$19M		-
EBM Technologies	$19M		-
Konsolidator	$19M		-
Dubber	$19M		-
AuthID	$19M		-
Vincit	$19M		$78M
Janison	$18M		$30M
Aerometrex	$18M		$16M
MRSO	$18M		$7M
Aijinet	$18M		-
Hatena Co	$17M		$26M
Pointerra	$17M		$7M
Nowonomics	$17M		-
TradeWindow	$17M		-
Emova Group	$17M		-
TextMagic	$17M		-
Tick Trading Software	$17M		-
NextPlat	$16M		-
InfoBank	$16M		-
Netum Group	$16M		-
Huddlestock	$16M		-
123Fahrschule	$16M		$31M
$Infracommerce logo$ Infracommerce	$16M		-
MedApp	$16M		-
Obiz	$16M		$155M
CurveBeam AI	$15M		$8M
Greater Than	$15M		-
B+S Banksysteme	$15M		$15M
Safeture	$15M		$7M
iCetana	$15M		-
Felix.net	$15M		$5M
Metacare	$15M		-
Shape Robotics	$15M		-
essensys	$15M		$26M
Zoo Digital Group	$15M		$43M
Garin AI	$15M		-
OODA AI	$15M		-
Stepchange Holdings	$15M		$28M
Witbe	$14M		-
Welby	$14M		$4M
Signpost	$14M		-
ImExHS	$14M		$21M
Physitrack	$14M		$16M
ZeroQ	$14M		-
Swvl	$14M		-
Bridgeline Digital	$14M		$15M
Klimator	$13M		-
California Software Co	$13M		-
NIX	$13M		$29M
Sharing Innovations	$12M		$29M
Dataworks Group	$12M		-
i2S Corp	$12M		-
VOGO	$12M		$13M
Quantum Software	$12M		-
Urgently	$12M		$141M
Agillic	$12M		-
Shearwater Group	$12M		-
Connexion Mobility	$12M		-
Nuvini	$12M		-
ZeroStack	$12M		$36M
Blackbird	$12M		-
eEducation Albert	$11M		$17M
AdUX	$11M		$28M
Coel	$11M		-
ACpay Co	$11M		-
ReAlpha Tech	$11M		$8M
NARF Industries	$11M		-
Papago	$11M		-
Triboo	$11M		$63M
NRGene	$11M		-
Neosperience	$11M		-
FirstWave	$10M		-
Mobio Technologies	$10M		-
NoviqTech	$10M		-
Avoca	$10M		-
Vidavo	$10M		-
Solutiance	$10M		-
Unith	$10M		-
MKB Nedsense	$10M		-
VERSES AI	$10M		-
Aspen Group	$9M		-
One-On-One Educational	$9M		-
Baseig	$9M		-
Xref	$9M		-
Media Lab	$9M		-
Acceleware	$9M		-
Amido	$9M		-
Asgent	$9M		$22M
Digitree Group	$9M		-
Zenvia	$9M		-
Ayfie International	$9M		-
Raketech Group Holding	$9M		$30M
Epic	$9M		-
SpectrumOne	$8M		-
GVA Tech	$8M		-
visumo	$8M		$6M
XIAO-I	$8M		-
Flowscape Technology	$8M		-
VSee Health	$8M		-
Synthetic MR	$8M		$6M
Pheton Holdings	$7M		-
Bridge Solutions Hub	$7M		-
ChargePanel	$7M		-
AMA Corp	$7M		-
Tourn International	$7M		-
Track Group	$7M		-
Silver Bullet Data	$6M		-
Milisystem	$6M		-
Wishpond	$6M		$11M
3 E Network	$6M		-
BrightBid Group	$6M		-
KLDiscovery	$6M		-
Janosch film & medien	$6M		-
Adverty	$6M		-
Induct	$6M		-
FiscalNote	$5M		$89M
Sabio Holdings	$5M		-
Compodium International	$5M		-
C Channel	$5M		-
Yoshi Innovation	$5M		-
Dillistone Group	$5M		$5M
Kontigo Care	$5M		-
Brainscan	$5M		-
Prophecy International	$5M		-
Binect	$5M		$26M
Hub Cyber Security	$5M		-
Solution Dynamics	$5M		-
Catenai	$4M		-
Anonymous Intelligence	$4M		-
Feedback	$4M		$1M
Planet B2B	$4M		-
Thinc Collective	$4M		-
Comintelli	$4M		-
Baiya International Group	$4M		-
Cykel AI	$4M		-
Acteos	$4M		-
TenderHut	$4M		-
8Common	$3M		-
Aino Health	$3M		-
Monsenso	$3M		-
Deltagen	$3M		-
Nexity Global	$3M		-
Performance One	$3M		$12M
Fr8Tech	$3M		-
Transiro Holding	$2M		-
Telemedycyna Polska	$2M		-
Direct Digital Holdings	$2M		$35M
Medondo Holding	$2M		-
1933 Industries	$2M		-
Castrico	$2M		-
Foothills	$2M		-
Emplocity	$2M		-
Alternate Health	$2M		-
ECC Games	$1M		-
Generationis AI	$1M		-
ImagineAR	$1M		-
Premier Health Of America	$796K		$75M
Volaria AI	$746K		-
Sociallite US	$683K		-
PMI Group	$519K		-
Clarent	$492K		-
Brain+	$461K		-
IZON Network	$370K		-
Pengram	$332K		-
Quarticon	$292K		-
Diamond Holdings	$281K		-
Urbanimmersive	$217K		-
Vado Corp.	$201K		-
Medies	$201K		-
Exela Technologies	$122K		-
Rivulet Entertainment	$67K		-
Wally World Media	$66K		-
Rainmaker Systems	$42K		-
Star8	$26K		-
Voxtur Analytics	$23K		-
ManifestSeven Holdings	$15K		-
Semantix	$8K		-
Appreciate Holdings	$5K		-
Broke Out	$3K		-
Accelerated Technologies	$1K		-
Harrison Global Holdings	$1K		-
Sapiens	-		-
Adheris Health	-		-
PressLogic	-		-
Relm Holdings	-		-
Immersed	-		-
ADEC Innovations	-		-
Pros Holdings	-		-
Acesis Holdings	-		-
Quorum Info Tech	-		-
AMCG Co	-		-
Zeals Co	-		-
Infomedia	-		$95M