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

Last updated: 13 July 2026

market research pitch 2026

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.

Who is the author of this content?

NEW MARKET PITCH TEAM

We track new markets so founders and investors can move faster

We build living “market pitch” documents for emerging markets: from AI to synthetic biology and new proteins. Instead of digging through outdated PDFs, random blog posts, and hallucinated LLM answers, our clients get a clean, visual, always-updated view of what’s really happening. We map the key players, deals, regulations, metrics and signals that matter so you can decide faster whether a market is worth your time. Want to know more? Check out our about page. You can also follow us on Instagram or on Facebook.

How we created this content 🔎📝

At New Market Pitch, we kept seeing the same problem: when you look at a new market, the data is either missing, paywalled, or buried in 300-page reports that feel like they were written in the 80s. On the other side, LLMs and random blog posts give you confident answers with no sources, and sometimes they just make things up. That’s not good enough when you’re about to invest real money or launch a company.

So we decided to fix the experience. For each market we cover, we build a structured database and update it on a regular basis. We track funding rounds, fund memos, M&A moves, partnerships, new products, policy changes, and the real activity of startups and incumbents. Then we turn all of that into a clear “market pitch” that shows where the opportunities are and how people actually win in that space.

Every key data point is checked, sourced, and put back into context by our team. That’s how we can give you both speed and reliability: fast coverage of new markets, without the usual guesswork.

Back to blog