| Rank | Company | Valuation | Total Funding | Industry | |
|---|---|---|---|---|---|
1 |  SpaceX | $1.4T | $8.9B | Aerospace and Defense | |
2 |  OpenAI | $500.0B | $40.9B | Software Development Applications | |
3 |  Anthropic | $373.8B | $54.1B | Business/Productivity Software | |
4 |  xAI | $230.0B | $27.2B | Business/Productivity Software | |
5 |  ByteDance | $220.0B | $18.9B | Social/Platform Software | |
6 |  Databricks | $139.5B | $20.6B | Business/Productivity Software | |
7 |  Stripe | $97.7B | $8.7B | Other Financial Services | |
8 |  Anduril Industries | $91.1B | $7.0B | Aerospace and Defense | |
9 |  Revolut | $75.0B | $5.9B | Financial Software | |
10 |  Waymo | $45.0B | $11.1B | Automotive | |
11 |  Figure AI | $39.0B | $2.3B | Other Hardware | |
12 |  Ramp | $32.7B | $2.2B | Financial Software | |
13 |  Safe Superintelligence | $32.0B | $3.0B | — | |
14 |  Canva | $32.0B | $611.9M | Multimedia and Design Software | |
15 |  Wiz | $32.0B | $1.8B | Network Management Software | |
16 |  VAST Data | $30.0B | $398.0M | — | |
17 |  Anysphere | $29.3B | $3.4B | Software Development Applications | |
18 |  Scale AI | $29.2B | $15.9B | Business/Productivity Software | |
19 |  Motional | $28.2B | $901.3M | — | |
20 |  Cerebras Systems | $26.6B | $2.9B | Application Specific Semiconductors | |
21 |  Ripple | $21.3B | $575.1M | — | |
22 |  Rippling | $20.8B | $1.4B | Business/Productivity Software | |
23 |  Perplexity | $20.4B | $2.3B | — | |
24 |  Perplexity AI | $20.0B | $1.7B | Business/Productivity Software | |
25 |  Epic Games | $18.0B | $7.5B | Entertainment Software | |
26 |  Deel | $17.3B | $983.2M | Human Capital Services | |
27 |  Fanatics | $17.1B | $4.4B | — | |
28 |  Applied Intuition | $15.0B | $1.2B | Business/Productivity Software | |
29 |  Neuralink | $14.9B | $1.3B | — | |
30 |  Trade Republic Bank | $14.5B | $1.2B | — | |
31 |  Poolside (Software Development Applications) | $14.0B | $623.1M | — | |
32 |  Skild AI | $14.0B | $814.0M | Other Hardware | |
33 |  Helsing | $13.7B | $1.5B | — | |
34 |  Devoted | $13.0B | $2.3B | — | |
35 |  Kraken | $12.5B | $965.0M | Financial Software | |
36 |  Polymarket | $12.3B | $1.3B | — | |
37 |  OpenEvidence | $12.0B | $545.4M | — | |
38 |  Kalshi | $11.7B | $1.5B | Other Financial Services | |
39 |  Lambda | $11.1B | $2.4B | Systems and Information Management | |
40 |  Ōura | $11.0B | $2.1B | Therapeutic Devices | |
41 |  Oura | $11.0B | $2.1B | Electronics (B2C) | |
42 |  Quantinuum | $10.8B | $1.2B | — | |
43 |  Bilt Rewards | $10.8B | $813.3M | Other Financial Services | |
44 |  Neura Robotics | $10.4B | $335.9M | — | |
45 |  Colossal Biosciences | $10.3B | $557.6M | — | |
46 |  Cognition (Software Development Applications) | $10.2B | $738.0M | Software Development Applications | |
47 |  Mercor | $10.0B | $484.6M | — | |
48 |  Sierra | $10.0B | $635.0M | Business/Productivity Software | |
49 |  1X | $10.0B | $140.4M | — | |
50 |  Gusto | $9.3B | $751.3M | Business/Productivity Software |
About Private Company Valuations
Private company valuations are determined through a combination of primary funding rounds, secondary market transactions, and market intelligence. Unlike public companies, private valuations can vary significantly depending on the source and methodology.
Premier Alternatives tracks valuations using data from Yahoo Finance, SEC filings, PitchBook, and proprietary secondary market transaction data. Rankings are updated regularly to reflect the latest funding rounds and market activity.
The secondary market for private company shares has grown substantially, with companies like SpaceX, OpenAI, and Stripe seeing active trading of employee and investor shares before their potential IPOs.