Anthropic is the most valuable private company Value Add VC tracks, at $965B (as of 2026-05-29). Ranked below: the top 50 private companies by latest reported valuation, across every industry we cover.
Private, US-tracked companies only; valuations dated 2025-07-01 or later, never a stale or rumored figure. Not a market total.
Methodology
Valuations tracked by Value Add VC from funding announcements, tender offers, secondary sales and news outlets — not a total for the whole market or a complete list of every private company. Each company shows its most recently reported valuation dated 2025-07-01 or later; an older figure is left off rather than shown as current. Rumored or "in talks" figures are excluded.
Ranked by valuation. Public companies are excluded.
Last updated 2026-10-14. Missing a company? Submit it →
| # | Company | Industry | Valuation | As of | Last round | Source |
|---|---|---|---|---|---|---|
| 1 | Anthropic | AI infra | $965B | 2026-05-29 | $65B (May 28, 2026) | TechCrunch |
| 2 | OpenAI | AI infra | $852B | 2026-08-10 | $122B (Mar 31, 2026) | CNBC |
| 3 | xAI | AI infra | $230–250B | 2026-07-09 | $20B (Jan 6, 2026) | no source link |
| 4 | Databricks | AI infra | ~$190B | 2026-08-13 | $5B (Aug 13, 2026) | Databricks Raises $5B at $190B Valuation (Value Add VC) |
| 5 | Stripe | Fintech | $159B (tender offer, Feb 2026) | 2026-02 | $6.5B (Mar 15, 2023) | no source link |
| 6 | Waymo | Robotics | $126B | 2026-02-02 | $16B (Feb 2, 2026) | Waymo |
| 7 | Skydance | Entertainment | ~$110B | 2026-10-06 | — | The Information |
| 8 | Anduril Industries | Defense | $61B | 2026-05-13 | $5B (May 13, 2026) | TechCrunch |
| 9 | Electronic Arts | Gaming | $55B | 2025-09-29 | — | SiliconANGLE |
| 10 | Ripple | Crypto | ~$50B (Mar 2026, via share buyback, not a new primary raise) | 2026-03 | — | no source link |
| 11 | Cognition | Developer tools | $48B | 2026-09-08 | $2B (Sep 8, 2026) | TechCrunch |
| 12 | Ramp | Fintech | $44B | 2026-06-04 | $750M (Jun 4, 2026) | no source link |
| 13 | Prometheus | AI infra | $41B | 2026-07 | $12B (Jun 11, 2026) | MSN |
| 14 | Figure | Robotics | $39B | 2025-09-01 | $1B+ (Sep 1, 2025) | Wikipedia |
| 15 | Axiom Solutions | Infrastructure | $37.5B EV | 2026-10-05 | $2B (Oct 5, 2026) | Pulse 2.0 |
| 16 | Safe Superintelligence | AI infra | ~$32B (Jul 2026, per the Nvidia partnership) | 2026-07 | — | no source link |
| 17 | Crusoe | AI infra | $30.9B | 2026-09-17 | $3.9B (Sep 17, 2026) | Crusoe |
| 18 | Cursor | — | $29.3B | 2025-11-13 | $2.3B (Nov 13, 2025) | CNBC |
| 19 | Scale AI | — | $29B | 2026-07-20 | — | no source link |
| 20 | Enflame | Semiconductors | ~$25.5B | 2026-09-11 | — | CNBC |
| 21 | Reflection AI | AI infra | $25B | 2026-04-23 | — | CNBC |
| 22 | The Boring Company | Infrastructure | $23B | 2026-09-10 | $3B (Sep 10, 2026) | TechCrunch |
| 23 | ElevenLabs | AI | $22B (Sep 2026, via $300M secondary tender offer -- no primary capital raised; up from $11B at the Feb 2026 Series D) | 2026-09 | — | no source link |
| 24 | Kalshi | Crypto | $22B | 2026-05-07 | $1.12B (Aug 25, 2026) | TechCrunch |
| 25 | Etched | AI infra | $21B | 2026-08-18 | $700M (Aug 18, 2026) | TechCrunch |
| 26 | Perplexity | AI infra | $20B | 2025-09-10 | $200M (Sep 10, 2025) | TechCrunch |
| 27 | Whatnot | Consumer | $20B | 2026-08-07 | $545M (Aug 7, 2026) | CNBC |
| 28 | Fluidstack | AI infra | $18B | 2026-09-03 | $1.5B (Sep 3, 2026) | Forbes |
| 29 | Fireworks AI | AI infra | $17.5B | 2026-07-16 | $1.5B (Jul 16, 2026) | SiliconANGLE |
| 30 | Sierra | — | $15.8B | 2026-05-04 | $950M (May 4, 2026) | CNBC |
| 31 | Harvey | Legal tech | $15.5B | 2026-09-09 | $550M (Sep 9, 2026) | TechCrunch |
| 32 | Helion | Energy | $15.5B | 2026-06 | — | Mining.com |
| 33 | Skild AI | Robotics | $14B | 2026-01-14 | $1.4B (Jan 14, 2026) | The Next Web |
| 34 | Base Power | Energy/Grid | $13B (Aug 2026) | 2026-08 | $1B (Aug 3, 2026) | no source link |
| 35 | Baseten | AI infra | $13B | 2026-06-23 | $1.5B (Jun 22, 2026) | Dealroom / company announcement |
| 36 | Castelion | Defense | $13B | 2026-08-19 | $800M (Aug 19, 2026) | Castelion |
| 37 | Shield AI | Defense | $12.7B | 2026-03-26 | $591.8M (May 1, 2026) | TechCrunch |
| 38 | Temporal | — | $12.55B | 2026-09-14 | $550M (Sep 14, 2026) | GeekWire |
| 39 | Cyera | Cybersecurity | $12B | 2026-09-24 | $400M (Sep 24, 2026) | Cyera press release |
| 40 | OpenEvidence | Healthcare | $12B | 2026-01 | $250M (Sep 25, 2026) | no source link |
| 41 | Poolside | Developer tools | $12B | 2026-08 | $1B (Aug 20, 2026) | The Information |
| 42 | Thinking Machines | AI infra | $12B | 2025-07-15 | $2B (Jul 15, 2025) | TechCrunch |
| 43 | Oura | Consumer | $11B | 2025-10 | $900M (Oct 14, 2025) | TheNextWeb |
| 44 | SambaNova | Semiconductors | $11B | 2026-07-08 | $1B (Jul 8, 2026) | TechCrunch |
| 45 | Colossal Biosciences | Biotech | $10.32B | 2025-09-18 | $120M (Sep 18, 2025) | Colossal Biosciences |
| 46 | Instinct | AI infra | $10B | 2026-09-28 | $1B (Sep 28, 2026) | TechCrunch |
| 47 | Mercor | AI infra | $10B | 2026 | $350M (Oct 27, 2025) | no source link |
| 48 | Stoke Space | Space | $10B | 2026-09-08 | $1B (Sep 8, 2026) | TechCrunch |
| 49 | Vercel | Developer tools | $9.3B | 2025-09 | — | Wikipedia |
| 50 | Saronic | Defense | $9.25B | 2026-03-31 | $1.75B (Mar 27, 2026) | PR Newswire |