
September 2026
ServiceTitan Inc is an end-to-end technology platform built for contractors to transform the performance of their businesses. The Company’s platform provides business owners, technicians, customer service representatives and other key office staff with technology tools designed to help customers grow revenue, drive operational efficiencies, deliver a superior end-customer experience and monitor key business drivers in real-time. The Company also has subsidiaries in Yerevan, Armenia and British Columbia, Canada that primarily serve as research and development and support centers. | $64 | -37% | $6.1B | $5.7B | 5.9x | (66.3x) | |||
Navan Inc is an end-to-end, AI-powered software platform built to simplify the world-wide business T&E experience, benefiting users, customers, and suppliers. Its leveraged technology to reimagine business travel. The company deliver delightful, personalized experiences for users, efficiency and control for customers, and direct market access for suppliers-all powered by its proprietary AI framework, Navan Cognition. Geographically, the company operates in United States, United Kingdom and Other countries, of which United States derives maximum revenue. | $21 | -- | $5.4B | $4.7B | 6.7x | (16.1x) | |||
Global Business Travel Group Inc operates as a business-to-business travel platform. It is engaged in providing software and services to manage travel, expenses, and meetings and events for companies of all sizes. The company is engaged in building the marketplace in B2B travel to deliver unrivaled choice, value, and experiences. It also provides business travel solutions, simplified travel management, and business consulting services. Further, The company generates revenue in two ways that involves fees and other revenues relating to processing and servicing travel transactions received from clients and travel suppliers and revenues for the provision of products and professional services not directly related to transactions received from clients, travel suppliers and Network Partners. | $10 | +17% | $5B | $6.1B | 2.2x | 14.3x | |||
Agilysys Inc provides hospitality software delivering cloud-native SaaS and on-premise solutions for hotels, resorts, cruise lines, casinos, corporate foodservice management, restaurants, universities, stadiums, and healthcare facilities. The company’s software solutions include point-of-sale (POS), property management (PMS), inventory and procurement, payments, and related applications that manage and enhance the entire guest journey. It derives maximum revenue from the provision of software subscription and maintenance services, followed by the provision of professional services, and the sale of products (proprietary software licenses, third-party hardware, and operating systems). Agilysys operates across North America, Europe, the Middle East, Asia-Pacific, and India. | $96 | -8% | $2.7B | $2.6B | 8.2x | 45.7x | |||
EverCommerce is an American software company headquartered in Denver, Colorado, that sells vertical software-as-a-service products to service-based small and medium-sized businesses. It was founded in 2016 by Eric Remer and has grown partly by acquiring software businesses in its target markets. Its offerings combine business management software, integrated payment acceptance, marketing technology and customer engagement applications, organised around home services under the EverPro brand, health services under EverHealth, and fitness and wellness services. Customers pay recurring subscription fees and transaction-based fees on payments processed through its software. Silver Lake invested in the company in July 2019, and EverCommerce listed on the Nasdaq Global Select Market on July 1, 2021 under the ticker EVCM, selling 19.1 million shares at $17 each. It reported revenue of about $589 million and net income of $17.6 million for 2025, and guided to revenue of $612 million to $632 million for 2026. The company had about 1,800 employees in 2026. | $8 | -29% | $1.4B | $1.8B | 3.1x | 14.1x | |||
Sabre is a travel technology company headquartered in Southlake, Texas, and the largest global distribution system (GDS) provider for air bookings. Its Sabre Global Distribution System acts as a neutral marketplace that connects airlines, hotels and other travel suppliers with travel agencies and corporate travel managers, giving them real-time availability and pricing, and the company also sells the Sabre Mosaic airline technology platform for reservations and airline operations. Sabre earns mostly transaction fees on bookings made through its marketplace, plus technology revenue from airline customers, and reported revenue of $2.771 billion and net income of $525 million for 2025 with about 4,650 employees. Its main competitors are Amadeus and Travelport. The system was founded by American Airlines in 1960 as the Semi-Automatic Business Research Environment, built with IBM, and later launched the online travel agency Travelocity in 1996. Sabre was spun off from American Airlines as an independent company in 2000, taken private by Texas Pacific Group and Silver Lake in 2007, and listed again on Nasdaq in April 2014 at a $3.93 billion valuation. It sold Travelocity to Expedia in 2015, sold its Hospitality Solutions division to TPG in 2025, and signed a multi-year $1.56 billion technology partnership with Coforge the same year; Kurt Ekert is chief executive. | $2 | +17% | $864M | $4.5B | 1.6x | 14.4x | |||
Gloo Holdings Inc is engaged in building a technology platform company. It has provided a breadth of products, services, and solutions to the two primary stakeholders at the core of the faith and flourishing ecosystem: (1) network capability providers (NCPs) and (2) the churches and frontline organizations (CFLs) it serves. The company serves as a digital infrastructure between NCPs and CFLs. By facilitating efficient exchange between the two, Gloo enables both sides to succeed; CFLs gain access to resources and NCPs benefit from efficient distribution and targeted reach. This creates a virtuous cycle, strengthening the platform with each interaction. The Gloo platform includes a suite of technology, marketplace, and service solutions offered directly from Gloo or from Gloo’s subsidiaries. | $4 | -- | $415M | $443M | 4.7x | (3.3x) | |||
Inspired Entertainment Inc is a gaming technology company based in the United States. Its core business involves the development of Virtual Sports and Server-Based Gaming systems with associated terminals and digital content to regulate betting, gaming, and lottery operators around the world. It operates through four segments, namely Gaming, Virtual Sports, Interactive, and Leisure. The company generates maximum revenue from the Gaming segment. Its Gaming segment supplies gaming terminals as well as gaming software and games for the terminals provided to betting offices, casinos, gaming halls, and high street adult gaming centers. Geographically, it derives a majority of revenue from the UK. | $3 | -65% | $86M | $408M | 1.3x | 4.4x | |||
Gambling.com Group is a performance marketing and sports betting media company listed on the Nasdaq under the ticker GAMB. It was founded in 2006 by Charles Gillespie, its chief executive, and Kevin McCrystle, and it has operational bases in Dublin and Charlotte, North Carolina. The group publishes comparison and review websites covering online casinos, sports betting and fantasy sports, including Gambling.com, RotoWire, BonusFinder and Freebets.com, and it refers players to licensed operators in regulated markets in North America, the United Kingdom, Ireland and elsewhere. It earns most of its revenue from commissions, revenue shares and cost-per-acquisition fees paid by gambling operators for referred customers, and increasingly from subscriptions and data products. In 2024 it reported revenue of $127.2 million and net income of $30.7 million. It has grown through acquisitions, including RotoWire in 2021, NDC Media's BonusFinder in 2022, Freebets.com in 2024, the sports betting data company OddsJam in December 2024 and Spotlight.Vegas in 2025. | $2 | -81% | $55M | $172M | 1.0x | (16.4x) | |||
Galaxy Gaming Inc is an established gaming company specializing in the design, development, acquisition, assembly, marketing, and licensing of proprietary casino table games and associated technology, platforms and systems for the casino gaming industry. Casinos use their proprietary products and services to enhance their gaming operations and improve their profitability, productivity. and security, as well as to offer popular cutting-edge gaming entertainment content and technology to their players. | $2 | -44% | $40M | $73M | 2.4x | 8.5x | |||
Telkonet is an American developer of intelligent automation and energy management systems, headquartered in Waukesha, Wisconsin. Its EcoSmart platform and newer Rhapsody system combine occupancy-based smart thermostats and IoT-connected devices with cloud software to control heating and cooling room by room, cutting energy use without sacrificing guest or resident comfort. The company sells mainly to hotels, and also to multi-dwelling residential properties and military housing, earning revenue from hardware sales and software-as-a-service subscriptions. Founded in 1999 as a communication and network provider, Telkonet had deployed more than 700,000 intelligent climate-control devices in over 4,000 properties by early 2022, and it has a team of about 30 employees. In January 2022 VDA Group of Pordenone, Italy, a maker of guest room management systems and interactive TV for hotels founded in 1980, acquired 53% of Telkonet, whose shares trade on the OTC market. The combined VDA-Telkonet group says it has around 1 million rooms installed in 50 countries and two in-house R&D teams totalling about 40 engineers. | IoT+2 | $0 | +480% | $9M | $9M | 1.1x | (7.7x) | ||
| Median | $4 | -29% | $864M | $1.8B | 2.4x | 4.4x |
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.