Cloud 100 list recognizes the most innovative and valuable private companies in cloud technology.
Cloud computing funding deals worldwide have seen a dramatic uptick in the last year, adding 29 newcomers to our 2021 list and making this an especially transformative time for the sector.
Forbes Releases 2021 Cloud 100 List Of The Best Private Cloud Companies In The World
Forbes’ 2021 Cloud 100 List, the definitive ranking of the top 100 private cloud companies in the world, was produced in collaboration with Bessemer Venture Partners and Salesforce Ventures.
“Our Cloud 100 list recognizes the most innovative and valuable private companies in cloud technology,” said Alex Konrad, Senior Editor at Forbes. “This year’s ranking takes on a truly global perspective, with 12 companies on the list based outside of the U.S. and nine more either co-headquartered or founded outside of the U.S.”
Online payments processing company Stripe returns to the top spot after landing at No. 2 on last year’s list. Collectively, the honorees on this year’s list have a combined market value of $514 billion, nearly doubling the total in 2020, with Stripe accounting for nearly one-fifth of that sum. Combined, the top 10 of the list are worth some $190 billion.
Since finalizing the 2021 ranking in July, both Riskified (No. 81) and CS Disco (No.85) have since gone, public while 15 other companies from last year’s Cloud 100 ranking graduated off the list since last year through IPO, including Snowflake, UiPath, Confluent, Procore among others.
To coincide with the launch, Forbes spotlights Figma (No. 7) CEO and co-founder Dylan Field in a new story Taking Shape, about how the 29-year- old entrepreneur sculpted the company into design software’s hottest startup, valued at $10 billion and used by the likes of Airbnb, BMW and Zoom.
For the full list, methodology, company profiles and more, visit: www.forbes.com/cloud100.
Top 10 most valuable private companies in cloud technology:
1. Stripe (Payments software); Dublin, Ireland; San Francisco, United States
2 Databricks (AI-focused data platform); San Francisco, California;
3. Canva (Design software); Sydney, Australia;
4. HashiCorp (Infrastructure automation); San Francisco, California;
5. Toast (Restaurant software); Boston, Massachusetts;
6. Plaid (Open banking platform), San Francisco, California;
7. Figma (Design software); San Francisco, California;
8. ServiceTitan Contractor software; Glendale, California;
9. Checkout.com (Payments platform); London, United Kingdom;
10. Freshworks (Customer engagement); San Mateo, California.