Which startups have raised the most funding in the cloud computing market?

In our updated market reports, you will find everything you need
This article tracks the top startups in the cloud computing market, ranked by cumulative funding raised.
We update this list every month, so the ranking stays useful as new cloud, AI infrastructure, security, and data platform rounds are announced.
The dataset covers active startups, IPO outcomes, and acquired companies where public funding information is strong enough to include.
A quick summary table
| Metric | Value |
|---|---|
| Most funded startup | OpenAI, $180.3B raised |
| Second most funded startup | Anthropic, $132.0B raised |
| Largest funding round | OpenAI, $122.0B Series G in March 2026 |
| Median funding | $327.5M |
| Share of funding captured by the top 10 | About 91.5% |
| Median time since last round | About 26 months |
| Startups that raised funding in the last 12 months | 30 startups |
| Total cloud computing funding tracked | About $446.2B |
| Cloud computing IPO or acquired outcomes | 12 companies |
| AI cloud infrastructure funding in the top tier | About $65B across xAI, Nscale, Mistral AI, Crusoe, Lambda, CoreWeave, VAST Data, Together AI, and Cohere |
Top startups in the cloud computing market ranked by total funding raised
Here is an updated table that ranks the top startups in the cloud computing market based on the total amount of funding they have raised to date.
The table also includes the total number of funding rounds, the date and size of the latest round, the financing type (e.g. Series A, equity financing), key investors, the startup’s current status (active, IPO, acquired, or shut down), and a confidence score based on the data collected (we excluded startups with very low data confidence, to make sure everything is reliable).
| # | Startup | What They Do | Total Raised ($) | Total Rounds | Last Round Date | Last Round Amount ($) | Last Round Type | Key Investors | Current Stage | Confidence |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | OpenAI | Frontier AI models and platform | $180.3B | 8 | March 2026 | $122.0B | Series G | SoftBank, Nvidia, Amazon | Active | Partial |
| 2 | Anthropic | Claude AI models and safety | $132.0B | 11 | April 2026 | $65.0B | Series H | Altimeter, Dragoneer, GIC | Active | Partial |
| 3 | xAI | Grok models and AI infrastructure | $47.0B | 5 | January 2026 | $20.0B | Series E | Valor Equity Partners, Fidelity, QIA | Active | Strong |
| 4 | Databricks | Data lakehouse and AI platform | $19.2B | 11 | September 2025 | $5.0B | Series K | Investors not fully disclosed | Active | Strong |
| 5 | Scale AI | AI data and model evaluation | $15.9B | 8 | June 2025 | $14.3B | Strategic minority equity | Meta | Active | Strong |
| 6 | Nscale | Sovereign AI cloud infrastructure | $3.7B | 5 | March 2026 | $2.0B | Series C | Aker ASA, 8090 Industries, NVIDIA | Active | Strong |
| 7 | Mistral AI | European frontier AI models | $3.2B | 4 | September 2025 | $2.0B | Series C | ASML, DST Global, General Catalyst | Active | Full |
| 8 | Crusoe | Clean-energy AI cloud infrastructure | $2.5B | 6 | October 2025 | $1.4B | Series E | Mubadala Capital, Valor Equity Partners, NVIDIA | Active | Full |
| 9 | Lambda | GPU cloud for AI developers | $2.4B | 5 | 2026 | $1.5B | Late-stage equity | TWG Global, USIT, Nvidia | Active | Strong |
| 10 | CoreWeave | GPU cloud infrastructure provider | $2.0B | 5 | March 2025 | $1.5B | IPO | Public investors, Nvidia | IPO | Strong |
| 11 | Netskope | Cloud and network security | $2.0B | 10 | September 2025 | $908M | IPO | Sequoia Capital Global Equities, ICONIQ, Lightspeed | IPO | Strong |
| 12 | Wiz | Cloud security platform | $1.9B | 6 | May 2024 | $1.0B | Series E | Andreessen Horowitz, Lightspeed, Thrive Capital | Acquired | Strong |
| 13 | Perplexity | AI answer search engine | $1.7B | 8 | September 2025 | $200M | Late-stage round | Investors not fully disclosed | Active | Partial |
| 14 | Cohere | Enterprise AI language models | $1.5B | 6 | September 2025 | $100M | Series D second close | BDC, Nexxus Capital, AMD | Active | Strong |
| 15 | Snyk | Developer security platform | $1.5B | 9 | December 2022 | $197M | Series G | Qatar Investment Authority, Evolution Equity Partners, G Squared | Active | Strong |
| 16 | VAST Data | AI data infrastructure platform | $1.4B | 7 | April 2026 | $1.0B | Series F | Drive Capital, Access Industries, NVIDIA | Active | Strong |
| 17 | Together AI | Open-source AI acceleration cloud | $1.2B | 4 | July 2026 | $800M | Series C | Aramco Ventures, Vista Equity Partners, General Catalyst | Active | Full |
| 18 | Cato Networks | SASE cloud network security | $1.2B | 8 | September 2025 | $409M | Series G extension | Vitruvian Partners, ION Crossover Partners, Acrew Capital | Active | Strong |
| 19 | Grafana Labs | Open observability dashboards platform | $1.1B | 6 | March 2026 | $250M | Series E | Lightspeed, Sequoia, Coatue | Active | Partial |
| 20 | ClickHouse | Real-time analytical database | $1.1B | 4 | January 2026 | $400M | Series D | Dragoneer, Bessemer, GIC | Active | Strong |
| 21 | Fluidstack | Managed AI compute clusters | $1.1B | 3 | January 2026 | $842M | Series B | Karmel Capital, Founders Factory | Active | Partial |
| 22 | Supabase | Open-source Postgres app platform | $1.0B | 7 | June 2026 | $500M | Series F | GIC, Accel, Salesforce Ventures | Active | Full |
| 23 | Vercel | Frontend cloud deployment platform | $863M | 6 | September 2025 | $300M | Series F | Accel, GIC | Active | Strong |
| 24 | Replit | AI software creation platform | $852M | 6 | March 2026 | $400M | Series D | Georgian, G Squared, Prysm Capital | Active | Partial |
| 25 | Sysdig | Cloud-native runtime security | $744M | 9 | December 2021 | $350M | Series G | Permira, Guggenheim Investments, Accel | Active | Full |
| 26 | Fivetran | Automated data movement platform | $730M | 5 | September 2021 | $565M | Series D | Andreessen Horowitz, General Catalyst, ICONIQ Capital | Active | Full |
| 27 | Cockroach Labs | Distributed cloud SQL database | $633M | 7 | December 2021 | $278M | Series F | Greenoaks, Altimeter, BOND | Active | Full |
| 28 | Orca Security | Agentless cloud security platform | $632M | 5 | October 2021 | $340M | Series C extension | Temasek, SAIC, Splunk Ventures | Active | Strong |
| 29 | Chainguard | Secures software supply chains | $612M | 5 | April 2025 | $356M | Series D | IVP, Kleiner Perkins, Lightspeed | Active | Full |
| 30 | Cribl | IT data management engine | $596M | 6 | August 2024 | $200M | Series E | GV, GIC, CapitalG | Active | Strong |
| 31 | Harness | AI software delivery platform | $595M | 5 | December 2025 | $200M | Series E | Goldman Sachs Alternatives, IVP, Menlo Ventures | Active | Strong |
| 32 | Coralogix | AI observability data platform | $550M | 8 | June 2026 | $200M | Series F | Advent, CPPIB, Greenfield | Active | Partial |
| 33 | OwnBackup | SaaS data protection | $507M | 6 | August 2021 | $240M | Series E | Alkeon Capital, B Capital Group, Insight Partners | Acquired | Partial |
| 34 | Druva | Cloud data protection | $475M | 10 | April 2021 | $147M | Series H | CDPQ, Neuberger Berman, Viking Global | Active | Strong |
| 35 | Modal | Serverless cloud for AI workloads | $465M | 4 | May 2026 | $355M | Series C | General Catalyst, Redpoint, Menlo | Active | Full |
| 36 | Wasabi | Low-cost cloud object storage | $439M | 7 | January 2026 | $70M | Growth equity / Series E | L2 Point, Fidelity, Pure Storage | Active | Partial |
| 37 | Docker | Container development platform | $436M | 12 | March 2022 | $105M | Series C | Bain Capital Ventures, Benchmark, Insight Partners | Active | Partial |
| 38 | Postman | API collaboration platform | $433M | 5 | August 2021 | $225M | Series D | Insight Partners, Coatue, Battery Ventures | Active | Full |
| 39 | dbt Labs | Analytics engineering transformation tools | $416M | 5 | February 2022 | $222M | Series D | Altimeter, Andreessen Horowitz, Sequoia Capital | Acquired | Full |
| 40 | Starburst | Distributed data analytics | $414M | 4 | February 2022 | $250M | Series D | Alkeon Capital, Altimeter, B Capital Group | Active | Full |
| 41 | SingleStore | Real-time cloud database | $410M | 8 | October 2022 | $146M | Series F-2 | Goldman Sachs, Prosperity7 | Acquired | Partial |
| 42 | Astronomer | Apache Airflow orchestration platform | $376M | 7 | May 2025 | $93M | Series D | Bain Capital Ventures, Salesforce Ventures, Insight Partners | Active | Partial |
| 43 | Weka | AI-native data platform | $375M | 6 | May 2024 | $140M | Series E | Valor Equity Partners, NVIDIA, Generation IM | Active | Partial |
| 44 | Chronosphere | Cloud-native observability platform | $369M | 4 | January 2023 | $115M | Series C extension | GV, Geodesic Capital, General Atlantic | Acquired | Partial |
| 45 | Redis | In-memory data platform | $356M | 8 | April 2021 | $110M | Series G | Tiger Global, SoftBank Vision Fund 2 | Active | Full |
| 46 | Aviatrix | Multicloud network security | $346M | 6 | September 2021 | $200M | Series E | TCV, Insight Partners, Tiger Global | Active | Strong |
| 47 | Kong | API management platform | $345M | 8 | November 2024 | $175M | Series E | Tiger Global, Balderton, Teachers’ Venture Growth | Active | Partial |
| 48 | Vultr | Independent cloud and AI infrastructure | $333M | 1 | December 2024 | $333M | Growth equity / Series D | LuminArx, AMD Ventures | Active | Full |
| 49 | LaunchDarkly | Feature management platform | $330M | 7 | August 2021 | $200M | Series D | Lead Edge Capital, Insight Partners, Bessemer | Active | Full |
| 50 | Aqua Security | Cloud-native application security | $325M | 8 | January 2024 | $60M | Series E extension | Evolution Equity Partners, ION Crossover Partners, Insight Partners | Active | Full |
| 51 | CircleCI | CI/CD automation platform | $313M | 7 | May 2021 | $100M | Series F | Greenspring Associates, IVP, Sapphire Ventures | Active | Full |
| 52 | Matillion | Cloud data integration platform | $312M | 7 | November 2022 | Undisclosed | Series E extension | Databricks, Snowflake Ventures, General Atlantic | Active | Strong |
| 53 | Observe | AI-powered observability platform | $306M | 3 | July 2025 | $156M | Series C | Sutter Hill, Snowflake Ventures, Madrona | Acquired | Partial |
| 54 | Yugabyte | Distributed SQL database | $291M | 5 | October 2021 | $188M | Series C | Sapphire, Alkeon, Meritech | Active | Strong |
| 55 | Tailscale | Zero-trust private networking | $275M | 4 | April 2025 | $160M | Series C | Accel, CRV, Insight Partners | Active | Full |
| 56 | Firebolt | Cloud data warehouse platform | $269M | 3 | January 2022 | $100M | Series C | Alkeon Capital, Dawn Capital, K5 Global | Active | Full |
| 57 | Clumio | Cloud backup automation | $261M | 4 | February 2024 | $75M | Series D | Sutter Hill Ventures, Index Ventures, NewView Capital | Acquired | Strong |
| 58 | Anyscale | Ray AI compute platform | $260M | 4 | August 2022 | $99M | Series C-II | Addition, Intel Capital, Foundation Capital | Active | Strong |
| 59 | Render | Cloud app hosting platform | $257M | 6 | February 2026 | $100M | Series C extension | Georgian, Addition, Bessemer | Active | Strong |
| 60 | Monte Carlo | Data observability platform | $236M | 4 | May 2022 | $135M | Series D | IVP, Accel, GGV Capital | Active | Strong |
| 61 | Nasuni | Hybrid cloud file data platform | $218M | 8 | July 2024 | Undisclosed | Strategic growth investment | Vista Equity Partners, TCV, KKR | Active | Partial |
| 62 | Sentry | Application monitoring for developers | $217M | 6 | May 2022 | $90M | Series E | BOND, Accel, NEA | Active | Full |
| 63 | Netlify | Modern web deployment platform | $212M | 5 | November 2021 | $105M | Series D | Bessemer, Andreessen Horowitz, BOND | Active | Full |
| 64 | Alkira | Multicloud network-as-a-service | $184M | 3 | May 2024 | $100M | Series C | Tiger Global, Dallas Venture Capital, Geodesic Capital | Active | Partial |
| 65 | Airbyte | Open-source data integration | $181M | 3 | December 2021 | $150M | Series B | Altimeter Capital, Coatue, Thrive Capital | Active | Full |
| 66 | Timescale | Time-series PostgreSQL database | $181M | 4 | February 2022 | $110M | Series C | Tiger Global, Benchmark, NEA | Active | Partial |
| 67 | CAST AI | Automates Kubernetes cloud optimization | $173M | 5 | January 2026 | Undisclosed | Strategic / Series C-related | Pacific Alliance Ventures, SoftBank, G2VP | Active | Partial |
| 68 | Teleport | Identity-based infrastructure access | $169M | 4 | May 2022 | $110M | Series C | Bessemer Venture Partners, Insight Partners, Kleiner Perkins | Active | Strong |
| 69 | Hammerspace | AI data orchestration platform | $157M | 2 | April 2025 | $100M | Strategic growth / Series B | Altimeter Capital, ARK Invest | Active | Strong |
| 70 | Honeycomb | Observability for engineering teams | $150M | 6 | April 2023 | $50M | Series D | Headline, Scale Venture Partners, Insight | Active | Strong |
| 71 | HYCU | Multi-cloud backup platform | $141M | 3 | June 2022 | $53M | Series B | Acrew Capital, Bain Capital Ventures, Atlassian Ventures | Active | Strong |
| 72 | Pinecone | Managed vector database | $138M | 3 | April 2023 | $100M | Series B | Andreessen Horowitz, ICONIQ, Menlo | Active | Full |
| 73 | Egnyte | Secure content governance | $137M | 6 | February 2025 | Undisclosed | Strategic growth investment | GI Partners, TA Associates | Active | Partial |
| 74 | Hasura | GraphQL data access platform | $137M | 4 | February 2022 | $100M | Series C | Greenoaks, Nexus Venture Partners, Lightspeed Venture Partners | Active | Strong |
| 75 | MotherDuck | Serverless DuckDB analytics platform | $133M | 4 | May 2025 | $33M | Series B+ | Not publicly disclosed | Active | Partial |
| 76 | Neon | Serverless Postgres database | $131M | 4 | August 2024 | $26M | Strategic investment | M12, Menlo Ventures, General Catalyst | Acquired | Partial |
| 77 | Railway | Developer cloud deployment platform | $124M | 3 | January 2026 | $100M | Series B | TQ Ventures, FPV Ventures, Redpoint | Active | Strong |
| 78 | Logz.io | AI observability for DevOps | $123M | 6 | November 2020 | $23M | Series E | Pitango Growth, General Catalyst | Active | Strong |
| 79 | RunPod | AI developer GPU cloud | $122M | 3 | June 2026 | $100M | Growth investment / Series A | Summit Partners | Active | Partial |
| 80 | CloudZero | Cloud cost intelligence platform | $119M | 7 | May 2025 | $56M | Series C | Innovius, BlueCrest, MongoDB | Active | Partial |
| 81 | Zesty | Dynamic cloud cost optimization | $117M | 3 | September 2022 | $75M | Series B | B Capital, Sapphire Ventures, Next47 | Active | Full |
| 82 | Fly.io | Edge application cloud | $111M | 4 | June 2023 | $70M | Series C | EQT Ventures, Andreessen Horowitz, Intel Capital | Active | Strong |
| 83 | StrongDM | Secure infrastructure access management | $110M | 4 | May 2024 | $34M | Series C | Anchor Capital, Capital One Ventures, Cisco Investments | Acquired | Strong |
| 84 | Mezmo | Observability data pipeline platform | $110M | 6 | December 2021 | $50M | Series D | NightDragon, Emergence, Initialized | Active | Strong |
| 85 | Materialize | Streaming SQL database | $108M | 3 | September 2021 | $60M | Series C | Redpoint Ventures, Kleiner Perkins, Lightspeed Venture Partners | Active | Full |
| 86 | PlanetScale | Serverless MySQL database platform | $105M | 4 | November 2021 | $50M | Series C | Kleiner Perkins, Andreessen Horowitz, Insight Partners | Active | Full |
| 87 | Pulumi | Infrastructure as code platform | $99M | 4 | October 2023 | $41M | Series C | Madrona, NEA, Tola Capital | Active | Full |
| 88 | Qdrant | Open-source vector search engine | $88M | 4 | March 2026 | $50M | Series B | AVP, Bosch Ventures, Unusual | Active | Strong |
| 89 | Finout | Enterprise FinOps cost platform | $85M | 4 | January 2025 | $40M | Series C | Insight Partners, Pitango, Team8 | Active | Full |
| 90 | Upbound | Cloud control planes | $69M | 2 | November 2021 | $60M | Series B | Altimeter Capital, GV, Intel Capital | Active | Full |
| 91 | Weaviate | AI-native vector database | $68M | 3 | April 2023 | $50M | Series B | Index Ventures, Battery, NEA | Active | Full |
| 92 | Twingate | Zero-trust network access | $67M | 3 | April 2022 | $42M | Series B | BOND, WndrCo, 8VC | Active | Partial |
| 93 | Replicate | Runs open-source AI models | $58M | 3 | December 2023 | $40M | Series B | Andreessen Horowitz, NVentures, Heavybit | Acquired | Full |
| 94 | Dagster | Data orchestration platform | $47M | 2 | May 2023 | $33M | Series B | Georgian, 8VC, Human Capital | Active | Strong |
| 95 | Prefect | Workflow orchestration platform | $44M | 2 | June 2021 | $32M | Series B | Tiger Global, Bessemer Venture Partners, Positive Sum | Active | Strong |
| 96 | Tyk | API gateway platform | $41M | 5 | May 2024 | Undisclosed | Series C | Scottish Equity Partners, MMC Ventures | Active | Partial |
| 97 | Doppler | Secrets management for developers | $29M | 3 | April 2022 | $20M | Series A | CRV, GV, Sequoia Capital | Active | Strong |
| 98 | Vantage | Cloud cost management platform | $25M | 2 | March 2023 | $21M | Series A | Scale Venture Partners, Andreessen Horowitz, Harpoon Ventures | Active | Full |
Key funding trends in the cloud computing market
Insights
- The cloud computing market is now heavily shaped by AI infrastructure, with OpenAI, Anthropic, xAI, Databricks, and Scale AI capturing most of the capital in the dataset.
- The top 10 startups account for about 91.5% of tracked funding, which shows how a few AI and cloud infrastructure platforms dominate fundraising totals.
- AI compute and model infrastructure companies form the most capital-intensive cloud category, with xAI, Nscale, Mistral AI, Crusoe, Lambda, CoreWeave, VAST Data, Together AI, and Cohere totaling about $65B.
- Cloud security remains one of the deepest software categories, with Netskope, Wiz, Snyk, Cato Networks, Sysdig, Orca Security, Chainguard, Aqua Security, Tailscale, and Teleport raising about $8.5B together.
- Developer deployment platforms are much smaller than AI compute platforms, with Vercel, Render, Railway, Fly.io, and Netlify totaling about $1.6B combined.
- Large late-stage rounds are becoming normal for AI cloud infrastructure, as Together AI, VAST Data, Fluidstack, Supabase, ClickHouse, Replit, and Modal all raised $350M or more in their latest rounds.
- Database and data infrastructure remains fragmented below Databricks, with ClickHouse, Supabase, Cockroach Labs, Redis, Yugabyte, Firebolt, Neon, and MotherDuck serving different cloud workloads.
- Strategic infrastructure investors are highly visible in the largest cloud computing rounds, especially NVIDIA-linked participation across AI compute, GPU cloud, and data infrastructure companies.
A few word about our methodology
As you can see, we built a database that ranks startups in the cloud computing market based on their total cumulative fundraising. To create this ranking, we reviewed many sources and cross-checked information across multiple places.
Whenever possible, we prioritized official company communications, since these are the most reliable source for funding amounts. When those were not available, we relied on reputable industry sources such as TechCrunch, Crunchbase, Financial Times or Forbes (to name a few).
We excluded random blogs, unverified websites, and any sources that could not be validated.
When funding rounds were announced in other currencies such as euros, Swiss francs, Singapore dollars, Australian dollars, or rupees, we converted them into approximate USD equivalents for consistency.
Sometimes different sources report slightly different numbers, or the exact round size is not fully disclosed. In those cases, we flag the uncertainty and assign a confidence label to each cloud computing startup, visible in the last column.
Here is what they mean.
Full confidence: The company’s equity fundraising history can be reconstructed completely from public sources. The rounds, dates, amounts, and key investors are clearly identified, with no meaningful gaps.
Strong confidence: The fundraising history is largely complete and reliable. There may be a small missing detail, such as incomplete investor information or a minor round with limited data, but the overall record is clear.
Partial confidence: The main fundraising rounds can be identified, but the record is incomplete or somewhat mixed. Some rounds may be missing or certain funding events may be difficult to separate clearly.
Low confidence: Public information is too limited, inconsistent, or ambiguous to reliably reconstruct the company’s equity fundraising history.
When the confidence level is too low, we take a conservative approach and exclude the company from the ranking. We don’t want to include data that cannot be reliably verified.
In a world where LLMs hallucinate and unreliable information is everywhere, our goal is simple: provide data you can trust.
If you want the full detail on a specific calculation, feel free to contact us and we will gladly explain.
Finally, know that we update the dataset once per month, so come back here if you need fresh information.
Related blog posts
- The main fundraising trends in the cloud computing market
- The most highly valued startups in the cloud computing market
- How healthy is startup funding in the cloud computing market right now?
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