
May 2026
📣 VC round data is live. Check it out!
![]() | ServiceNow Inc provides software solutions to structure and automate various business processes via a SaaS delivery model. The company primarily focuses on the IT function for enterprise customers. ServiceNow began with IT service management, expanded within the IT function, and more recently directed its workflow automation logic to functional areas beyond IT, notably customer service, HR service delivery, and security operations. ServiceNow also offers an application development platform as a service. | $87 | -57% | $90B | $87B | 6.6x | 18.1x | ||
![]() | Datadog is a cloud-native company that focuses on analyzing machine data. The firm's product portfolio, delivered via software as a service, enables clients to monitor and analyze their entire information technology infrastructure, from servers to applications and Python scripts. Datadog's platform can ingest and analyze large amounts of machine-generated data in real time, allowing clients to utilize it for a variety of applications throughout their businesses to ensure uptime and latency objectives. | $205 | +74% | $73B | $70B | 20.3x | 84.5x | ||
![]() | Verisign is an operator of critical infrastructure within the domain name system, or DNS. As the registry for some of the world’s most popular TLDs, .com and .net, Verisign directs DNS resolvers to the appropriate registry where IP addresses are stored. Verisign’s control over its TLDs is regulated by ICANN and the NTIA and are subject to contract renewal every six years. The company generates revenue through annual subscriptions allowing customers to use .com and .net as their TLD of choice for their respective websites. | $295 | +8% | $27B | $28B | 17.0x | 22.9x | ||
![]() | Dynatrace is a software-as-a-service company that enables customers to monitor and analyze their information technology infrastructure, from servers to applications and Python scripts. Dynatrace’s unified platform can ingest and analyze large amounts of machine-generated data in real time, allowing clients to optimize their business for service-level objectives and ensure uptime. | $35 | -35% | $10B | $9B | 5.5x | 41.1x | ||
![]() | Open Text Corp is engaged in the design, development, marketing, and sale of Information Management software and solutions. Its software allows clients to archive, aggregate, retrieve, and search unstructured information (such as documents, e-mail, and presentations). Its platform and services provide secure and scalable solutions for enterprises, SMBs, governments, and consumers around the world. The company's solutions are marketed and delivered on the OpenText Cloud Platform, which is a comprehensive Information Management platform consisting of six business clouds; Content Cloud, Cybersecurity Cloud, Application Automation Cloud, Business Network Cloud, IT Operations Management Cloud, and Analytics Cloud. Geographically, it derives maximum revenue from the United States. | $23 | -19% | $6B | $11B | 2.1x | 6.0x | ||
![]() | Elastic is a software company that specializes in AI-search, observability, and security deployments. Its search division offers both traditional keyword search and vector search methods to enable more context-aware querying. The software has open-source origins but generates revenue through valuable add-ons, including simplified data orchestration and server scaling techniques. | $49 | -40% | $5B | $4B | 2.9x | 16.8x | ||
![]() | CommVault Systems Inc provides data and information management software applications and services. The firm sells software licenses and services to large global enterprises, small- and midsize businesses, and government agencies through both its salesforce and its network of reseller partners. Its software solutions include Cleanroom Recovery, HyperScale X, Air Gap Protect, Compliance, Cloud Rewind, and Clumio Backtrack. The company operates in the United States and exports to many other countries. | $100 | -46% | $4B | $4B | 3.5x | 16.6x | ||
![]() | Beijing Ultrapower Software Co Ltd is an IT operations and maintenance service provider in China. It offers enterprise-oriented IT consulting, solutions, software products, and project implementing and operation services. The company focuses on the use of information technology to promote industrial development and social progress and improve people's work and life quality. | $1 | -5% | $3B | $2B | 2.8x | 13.6x | ||
![]() | Freshworks Inc provides software as a service platform that enables small and medium-sized businesses to support customers through e-mail, phone, website, and social networks. It offers solutions that serve the needs of users in the CS and ITSM categories and has also expanded its offering with Sales and Marketing automation products. These product offerings enable organizations to acquire, engage, and serve their customers and employees. The group derives revenue from North America, Europe, the Middle East and Africa, Asia Pacific, and Other regions. | $8 | -46% | $2B | $2B | 1.8x | 7.6x | ||
-- | — | $13 | -- | $2B | $2B | — | — | ||
![]() | Datagroup SE is a Germany-based company. The company business activities include the operation of IT infrastructures, distribution, provision of IT services, technology consulting and the development of IT solutions. Its operating segments include Services and Solutions and Consulting. The company generates maximum revenue from the Services segment. The services segment mainly provides IT services. Geographically, it derives a majority of revenue from Germany. | $89 | +39% | $737M | $955M | 1.4x | 9.4x | ||
![]() | Wiscom System Co Ltd is engaged in the information technology services business in China. The company operates its business in the power grid, communication, radio, and television industries. | $2 | +23% | $687M | $573M | 2.5x | 38.1x | ||
![]() | Bonree Data Technology Co Ltd is an application performance management service provider in China. The company establishes a visual full-business chain performance management system for enterprises to ensure that performance problems at all levels are accurately discovered and located, helping enterprises quickly grasp the impact of application performance on the business, and quickly optimize application performance and IT cost investment in a targeted manner, thereby improving the efficiency and quality of IT system support for digital services, helping companies reduce costs and losses, and improving user experience and business development. | $15 | +98% | $645M | $604M | 32.4x | (50.8x) | ||
![]() | PagerDuty Inc is a digital operations management platform that manages urgent and mission-critical work for a modern, digital business. Its PagerDuty Operations Cloud combines artificial intelligence (AI) operations (AIOps), automation, customer service operations, and incident management with a generative AI assistant to create a flexible, resilient, and scalable platform to protect revenue and improve customer experience, improve operational efficiency, and mitigate the risk of operational failures. The company generates revenue predominantly from cloud-hosted software subscription fees and term-license software subscription fees. Geographically, the firm derives a majority of its revenue from the United States and the rest from International markets. | $7 | -53% | $511M | $455M | 0.9x | 3.2x | ||
![]() | Beijing Baolande Software Corp is a software company specializing in the development and promotion of basic software. The Baorande product line covers middleware, container PaaS platform, intelligent operation and maintenance and big data in the basic software field. | $4 | +14% | $333M | $300M | 8.8x | (33.7x) | ||
![]() | Redcentric PLC provides information technology managed services. The company's services offering includes application, collaboration, infrastructure, network, mobile, and IT security services. Its services are offered to various industries including construction and property, education, finance, healthcare, insurance, legal, retail, and software providers. Its segments consist of Recurring, Services, and Products. The majority of its revenue is derived from the provision of its services to customers under long-term agreements, including data, connectivity, hosting, cloud, and support services. | $2 | +2% | $283M | $340M | 1.9x | 8.6x | ||
![]() | Suresofttech Inc is a software company that provides test automation tools and verification services for software safety verification in the mission-critical (high reliability) industry. | $5 | +55% | $280M | $267M | 4.2x | 26.7x | ||
![]() | ActiveOps PLC is a leader in Management Process Automation, providing a SaaS platform to large enterprises with complex and often global back-offices. The group's software and embedded back-office operations management methodology enable enterprises to adopt a data-driven, scientific approach to organizing work and managing capacity. The group has two reporting segments, SaaS and Training and Implementation services. The Group generates the majority of its revenue from SaaS and operates across three regions: EMEIA, North America, and APAC, with the majority of its revenue coming from EMEIA. | $3 | +75% | $202M | $186M | 4.5x | 49.5x | ||
![]() | Unirita Inc is a provider of software and solutions for IT systems operation. The company's product profile includes LMIS, A-AUTO, Sky-EYE Tribune, TIA Report, BSP-RM, Be.Learning, A-Spool, and others. LMIS is Lifecycle management for IT services. A-AUTO automates application scheduling, execution, and control in multi-platform environments. Sky-Eye Tribune includes resource management, network management, server management, and desktop management. TIA Report is a total information analysis report system that enables proactive system management and planning, and A-Spool stores, separates, bundles, prints, and archives application reports. | $12 | +0% | $91M | $28M | 0.4x | 3.1x | ||
![]() | Intercede Group PLC is an independent developer and supplier of identity and credential management software. Its product portfolio includes MyID, an identity, and credential management system, RapID is the password killer for killer apps, and MyTAM enables Android app developers and service providers to deploy trusted applications to the trusted execution environment simply and cost-effectively. The company serves a diverse range of markets including governments, enterprises, app developers, and service providers. It has operational footprints across the United Kingdom, the Rest of Europe, the Americas, and the Rest of the world. The majority of its revenue is derived from the Americas. | $1 | -35% | $88M | $65M | 2.7x | 9.3x | ||
![]() | Integrated Research Ltd is engaged in the design, development, implementation, and sale of systems and applications management computer software for business-critical computing, Unified Communication networks, and Payment networks. Its Prognosis platform is an integrated suite of monitoring and management software, designed to give its clients, an operational insight into and optimize the operation of their HP NonStop, distributed system servers, Unified Communications (UC), Payment environments, and the business applications that run on these platforms. The company’s geographic segments include Asia Pacific, Americas, and Europe. It generates revenue from licence fees, maintenance fees, subscription fees, testing solution services, and professional services. | $0 | -31% | $39M | $9M | 0.2x | 0.6x | ||
![]() | Binero Group AB is a Swedish provider of open, secure and sustainable cloud services. With data centres in Sweden and a total focus on control, the company offers a cloud platform that meets both European and national requirements. Its product and service portfolio offers, among other things, digital media distribution, project management of network services, Swedish cloud and container services, climate-certified server operation and consulting services. | $0 | -17% | $29M | $31M | 0.6x | 65.3x | ||
![]() | Hatena Co Ltd provides internet content platform services and content marketing services technology solutions. Its content platform services include the blog, bookmark services, and shared dictionary service. | $5 | -- | $16M | $7M | 0.3x | 2.2x | ||
![]() | Prophecy International Holdings Ltd designs, develops and markets computer software applications and services. The company's product includes Snare a comprehensive set of event monitoring and analysis tools designed to address critical auditing and security requirements and eMite a service intelligence platform delivering personalized, role-based dashboards for IT service management. Its operating segment includes Legacy; Snare and eMite. The company generates maximum revenue from the eMite segment. Geographically, the company derives a majority of its revenue from the North America. | $0 | -81% | $5M | $3M | 0.2x | (1.0x) | ||
| Median | $7 | -11% | $666M | $588M | 2.7x | 9.4x |
Financial data powered by FactSet and Morningstar. Valuation multiples as of current fiscal year. For more data, start your free trial here.
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.