// SECTOR DOSSIER
Developer Tools Unicorns
Every Developer Tools unicorn we track — 31 private companies valued $1B or more, tiered by paper valuation. Combined balance sheet myth: $149B.
TIER 2 // PRIORITY TARGETS
The Decacorns $10B – $99B · 2
TIER 3 // STANDING HORDE
The Unicorn Herd $1B – $9.9B · 29
- OutSystems$9.5BPORTUGAL
- Vercel$9.3BUNITED STATES
- Gitlab$8BUNITED STATES
- Lovable$6.6B
- Postman$5.6BUNITED STATES
- GetBlock$4.6BGEORGIA
- dbt Labs$4.2BUNITED STATES
- BrowserStack$4BINDIA
- Retool$3.2BUNITED STATES
- Replit$3BUNITED STATES
- Poolside$3BUNITED STATES
- Sourcegraph$2.6BUNITED STATES
- DriveNets$2.5BISRAEL
- Algolia$2.25BFRANCE
- Supabase$2BUNITED STATES
- Netlify$2BUNITED STATES
- Magic$1.6BUNITED STATES
- Andela$1.5BUNITED STATES
- Spring Rain Software$1.5BCHINA
- Temporal$1.5BUNITED STATES
- MuleSoft$1.5BUNITED STATES
- Codeium$1.3BUNITED STATES
- Weights & Biases$1.25BUNITED STATES
- Copado$1.2BUNITED STATES
- Clerk$1.2BUNITED STATES
- Render$1.05BUNITED STATES
- Stytch$1BUNITED STATES
- Redis Labs$1BUNITED STATES
- Mux$1BUNITED STATES