// SECTOR DOSSIER
Cloud Computing Unicorns
Every Cloud Computing unicorn we track — 38 private companies valued $1B or more, tiered by paper valuation. Combined balance sheet myth: $525B.
TIER 1 // APEX TARGETS
The Hectacorns $100B+ · 2
TIER 2 // PRIORITY TARGETS
The Decacorns $10B – $99B · 6
TIER 3 // STANDING HORDE
The Unicorn Herd $1B – $9.9B · 30
- Vercel$9.3BUNITED STATES
- Dropbox$8BUNITED STATES
- GetBlock$4.6BGEORGIA
- Confluent$4.5BUNITED STATES
- Cohesity$3.7BUNITED STATES
- Box$3.5BUNITED STATES
- Together AI$3.3BUNITED STATES
- Aiven$3BFINLAND
- Replit$3BUNITED STATES
- Lambda$2.5BUNITED STATES
- DriveNets$2.5BISRAEL
- Cato Networks$2.5BISRAEL
- Kingsoft$2.4BCHINA
- Algolia$2.25BFRANCE
- Cockroach Labs$2BUNITED STATES
- Druva$2BUNITED STATES
- Netlify$2BUNITED STATES
- Render (page does not exist)"$1.5B
- UCloud$1.5BCHINA
- Innovaccer$1.3BUNITED STATES
- Yugabyte$1.3BUNITED STATES
- Lacework$1.3BUNITED STATES
- Render$1.05BUNITED STATES
- Acronis$1BSINGAPORE / SWITZERLAND
- Redis Labs$1BUNITED STATES
- Dt Dream$1BCHINA
- AppDirect$1BUNITED STATES
- Infobip$1BCROATIA
- QingCloud$1BCHINA
- Pivotal$0B