What are the most valued startups in the digital twin market?
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In our digital twin market deck, you will find everything you need to understand the market
The digital twin market brings together industrial software, spatial data, engineering simulation, robotics, healthcare and infrastructure intelligence.
Our database tracks 100 digital twin startups and ranks each company using its latest reported or estimated valuation.
We update this list every month to reflect new funding rounds, acquisitions, public-market movements and operating data.
And if you want to better understand this new industry, you can download our pitch covering the digital twin market.
A quick summary table
| Metric | Value |
|---|---|
| Most valuable digital twin startup | Cognite, $3.1B |
| Second most valuable digital twin startup | Matterport, $1.6B |
| Median digital twin startup valuation | Approximately $27M |
| Share of digital twin valuation captured by the top 10 | Approximately 63% |
| Top digital twin valuation vs. median | Approximately 115 times |
| Median digital twin valuation-to-capital-raised ratio | Approximately 3.5 times |
| Digital twin startups valued at $1B+ | 5 based on valuation midpoints |

This market map, featured in our digital twin market deck, highlights top companies and startups in the digital twin market
Top startups in the digital twin market ranked by valuation
Here is an updated table that ranks the top startups in the digital twin market based on their latest reported or estimated valuations.
If you want more detaild about their fundraising activity, you can check our list of the startups who have raised the most funding in the digital twin market.
| # | Startup Name | What They Do | Current Valuation ($) | Valuation Confidence Level | Valuation Type | Evidence Status | Total Funding ($) | Funding Confidence Level |
|---|---|---|---|---|---|---|---|---|
| 1 | Cognite | Industrial data AI platform | $3.1B | Full Confidence | Acquisition Value | Observed | $225M | Strong Confidence |
| 2 | Matterport | 3D property digital twins | $1.6B | Full Confidence | Acquisition Value | Observed | $163M | Partial Confidence |
| 3 | COSMOPlat | Industrial internet digital twin platform | $1.0B–$1.6B | Partial Confidence | Implied Valuation from Raise | Estimated | $318M | Full Confidence |
| 4 | Neara | Infrastructure grid digital twins | $1.1B | Full Confidence | Announced Private Round Valuation | Observed | $126M | Partial Confidence |
| 5 | Mujin | Intelligent industrial robotics platform | $900M–$1.3B | Strong Confidence | Implied Valuation from Raise | Implied | $225M | Strong Confidence |
| 6 | Twin Health | Metabolic health digital twins | $900M–$1.0B | Strong Confidence | Announced Private Round Valuation | Observed | $282M | Strong Confidence |
| 7 | Neural Concept | AI engineering simulation platform | $750M–$1.1B | Partial Confidence | Implied Valuation from Raise | Implied | $138M | Full Confidence |
| 8 | RobCo | Modular industrial robotics automation | $650M–$900M | Strong Confidence | Implied Valuation from Raise | Implied | $156M | Strong Confidence |
| 9 | PassiveLogic | Autonomous building digital twins | $550M–$900M | Partial Confidence | Implied Valuation from Raise | Implied | $154M | Strong Confidence |
| 10 | Exodigo | AI underground infrastructure mapping | $650M–$750M | Strong Confidence | Announced Private Round Valuation | Observed | $214M | Strong Confidence |
| 11 | LocusView | Utility construction management platform | $525M | Full Confidence | Acquisition Value | Observed | $80M | Strong Confidence |
| 12 | Unlearn | Clinical trial digital twins | $330M–$520M | Partial Confidence | Implied Valuation from Raise | Implied | $135M | Strong Confidence |
| 13 | DroneDeploy | Drone reality capture software | $300M–$450M | Partial Confidence | Revenue or ARR Multiple Estimate | Estimated | $142M | Strong Confidence |
| 14 | Cintoo | Reality data cloud platform | $270M–$400M | Strong Confidence | Implied Valuation from Raise | Implied | $50M | Strong Confidence |
| 15 | Quibim | AI medical imaging biomarkers | $280M–$380M | Partial Confidence | Implied Valuation from Raise | Implied | $60M | Strong Confidence |
| 16 | Willow | Building operations digital twins | $250M–$400M | Partial Confidence | Revenue or ARR Multiple Estimate | Estimated | $112M | Strong Confidence |
| 17 | Buildots | AI construction progress twins | $270M–$330M | Strong Confidence | Comparables-Based Estimate | Estimated | $166M | Full Confidence |
| 18 | Q Bio | Preventive whole-body health platform | $180M–$260M | Partial Confidence | Implied Valuation from Raise | Estimated | $85M | Partial Confidence |
| 19 | BuildingMinds | Real estate ESG digital twins | $140M–$220M | Partial Confidence | Revenue or ARR Multiple Estimate | Estimated | $170M | Partial Confidence |
| 20 | NavVis | Indoor spatial digital twins | $120M–$220M | Partial Confidence | Proxy-Based Estimate | Estimated | $60M | Partial Confidence |
| 21 | Istari | Collaborative digital engineering infrastructure | $135M–$200M | Strong Confidence | Implied Valuation from Raise | Implied | $40M | Partial Confidence |
| 22 | Seebo | Industrial process optimization AI | $100M–$200M | Strong Confidence | Acquisition Value | Observed | $41M | Full Confidence |
| 23 | Reconstruct | Visual construction digital twins | $100M–$160M | Partial Confidence | Comparables-Based Estimate | Estimated | $28M | Partial Confidence |
| 24 | Plato Systems | Manufacturing spatial intelligence platform | $100M–$160M | Partial Confidence | Comparables-Based Estimate | Estimated | $32M | Partial Confidence |
| 25 | Sensat | Infrastructure digital twin platform | $90M–$160M | Low Confidence | Implied Valuation from Raise | Implied | $35M | Full Confidence |
| 26 | Sight Machine | Manufacturing data analytics platform | $110M–$130M | Strong Confidence | Announced Private Round Valuation | Observed | $86M | Strong Confidence |
| 27 | SharperShape | Utility inspection digital twins | $90M–$150M | Partial Confidence | Comparables-Based Estimate | Estimated | $21M | Partial Confidence |
| 28 | Skyral | Strategic modelling and simulation software | $95M–$140M | Strong Confidence | Implied Valuation from Raise | Implied | $20M | Full Confidence |
| 29 | DataMesh | Industrial metaverse digital twin platform | $90M–$140M | Partial Confidence | Implied Valuation from Raise | Estimated | $16M | Partial Confidence |
| 30 | Cosmo Tech | AI simulation decision software | $80M–$150M | Partial Confidence | Proxy-Based Estimate | Estimated | $29M | Partial Confidence |
| 31 | blackshark.ai | Planet-scale geospatial twins | $85M–$140M | Partial Confidence | Implied Valuation from Raise | Implied | $35M | Full Confidence |
| 32 | Cohesion | Smart building operations platform | $80M–$140M | Partial Confidence | Implied Valuation from Raise | Implied | $31M | Partial Confidence |
| 33 | Akselos | Physics-based asset digital twins | $75M–$140M | Partial Confidence | Proxy-Based Estimate | Estimated | $29M | Partial Confidence |
| 34 | VEERUM | Industrial asset visual operations | $60M–$110M | Partial Confidence | Implied Valuation from Raise | Implied | $32M | Partial Confidence |
| 35 | Energy Robotics | Autonomous inspection robot software | $70M–$100M | Strong Confidence | Implied Valuation from Raise | Implied | $16M | Strong Confidence |
| 36 | Precision Diagnosis Technology | Precision medicine digital twins | $60M–$100M | Low Confidence | Implied Valuation from Raise | Estimated | $16M | Partial Confidence |
| 37 | Digital Twins | Enterprise AI digital twin solutions | $55M–$90M | Partial Confidence | Implied Valuation from Raise | Estimated | $14M | Partial Confidence |
| 38 | FTD Solutions | Industrial water digital twin software | $50M–$75M | Strong Confidence | Implied Valuation from Raise | Implied | $10M | Strong Confidence |
| 39 | Digital Twin | Multi-industry digital twin platform | $45M–$80M | Low Confidence | Comparables-Based Estimate | Estimated | $14M | Partial Confidence |
| 40 | Electric Twin | Synthetic audience decision simulations | $45M–$65M | Strong Confidence | Implied Valuation from Raise | Implied | $14M | Partial Confidence |
| 41 | Leucine | Pharma manufacturing compliance AI | $35M–$50M | Partial Confidence | Revenue or ARR Multiple Estimate | Estimated | $8M | Partial Confidence |
| 42 | Doxel | AI construction progress tracking | $30M–$55M | Partial Confidence | Revenue or ARR Multiple Estimate | Estimated | $57M | Strong Confidence |
| 43 | Tignis | Semiconductor AI process control | $40M | Full Confidence | Acquisition Value | Observed | $16M | Partial Confidence |
| 44 | TwinThread | Industrial predictive analytics twins | $30M–$50M | Partial Confidence | Revenue or ARR Multiple Estimate | Estimated | $9M | Partial Confidence |
| 45 | Samp | Industrial-site digital twin software | $30M–$50M | Partial Confidence | Implied Valuation from Raise | Estimated | $11M | Strong Confidence |
| 46 | Virtonomy | Virtual patient medical-device simulations | $30M–$45M | Strong Confidence | Implied Valuation from Raise | Implied | $10M | Partial Confidence |
| 47 | Duality AI | Robotics simulation digital twins | $29M–$43M | Partial Confidence | Revenue or ARR Multiple Estimate | Estimated | $120K | Strong Confidence |
| 48 | Slingshot Simulations | Decision intelligence digital twin platform | $25M–$40M | Partial Confidence | Implied Valuation from Raise | Estimated | $7M | Strong Confidence |
| 49 | OnScale | Cloud engineering simulation platform | $24M–$36M | Partial Confidence | Acquisition Value | Estimated | $18M | Partial Confidence |
| 50 | SiteAware | Digital construction verification | $20M–$35M | Partial Confidence | Revenue or ARR Multiple Estimate | Estimated | $30M | Partial Confidence |
| 51 | AIBODY | Interactive human anatomy simulation | $23M–$30M | Partial Confidence | Proxy-Based Estimate | Estimated | Not provided | Low Confidence |
| 52 | Ebenbuild | Personalized digital lung simulations | $18M–$30M | Partial Confidence | Comparables-Based Estimate | Estimated | $3M | Strong Confidence |
| 53 | ANNEA | Renewable asset predictive maintenance | $18M–$28M | Partial Confidence | Revenue or ARR Multiple Estimate | Estimated | $4M | Partial Confidence |
| 54 | MetAI | Simulation-ready industrial digital twins | $18M–$27M | Strong Confidence | Implied Valuation from Raise | Implied | $4M | Full Confidence |
| 55 | ChiAha | Manufacturing performance simulation twins | $15M–$30M | Low Confidence | Proxy-Based Estimate | Estimated | $0 | Low Confidence |
| 56 | ELEM Biotech | Virtual organ clinical simulations | $15M–$28M | Low Confidence | Proxy-Based Estimate | Estimated | $2M | Partial Confidence |
| 57 | Sedaro | Space mission simulation platform | $15M–$25M | Partial Confidence | Comparables-Based Estimate | Estimated | $3M | Partial Confidence |
| 58 | ONIQ | Manufacturing process optimization software | $15M–$25M | Low Confidence | Revenue or ARR Multiple Estimate | Estimated | $4M | Full Confidence |
| 59 | Metroscope | AI plant diagnostics twins | $15M–$23M | Strong Confidence | Revenue or ARR Multiple Estimate | Estimated | $10M | Partial Confidence |
| 60 | Verto Health | Healthcare interoperability digital twins | $12M–$25M | Low Confidence | Revenue or ARR Multiple Estimate | Estimated | $2M | Full Confidence |
| 61 | SkyReal | Industrial VR engineering software | $12M–$20M | Partial Confidence | Comparables-Based Estimate | Estimated | $3M | Strong Confidence |
| 62 | Twyn | Extended-reality industrial digital twins | $12M–$20M | Low Confidence | Comparables-Based Estimate | Estimated | $4M | Partial Confidence |
| 63 | Twinzo | Operational industrial digital twins | $10M–$17M | Low Confidence | Implied Valuation from Raise | Estimated | $2M | Full Confidence |
| 64 | ExactSpace | Industrial predictive maintenance twins | $8M–$15M | Low Confidence | Proxy-Based Estimate | Estimated | $1M | Strong Confidence |
| 65 | OneTwenty | Predictive diabetes management software | $8M–$15M | Low Confidence | Proxy-Based Estimate | Estimated | Not provided | Low Confidence |
| 66 | KorrAI | Mining geospatial risk intelligence | $8M–$13M | Partial Confidence | Implied Valuation from Raise | Implied | $1M | Partial Confidence |
| 67 | cmBuilder.io | Construction logistics simulation software | $6M–$14M | Low Confidence | Proxy-Based Estimate | Estimated | $0 | Full Confidence |
| 68 | EKORE | Building digital twin software | $7M–$12M | Partial Confidence | Implied Valuation from Raise | Implied | $1M | Full Confidence |
| 69 | Tomorrow Things | AI machine operating system | $7M–$11M | Partial Confidence | Implied Valuation from Raise | Implied | $2M | Full Confidence |
| 70 | SEKAI Digital Twins | Industrial metaverse digital twins | $6M–$11M | Low Confidence | Comparables-Based Estimate | Estimated | $1M | Partial Confidence |
| 71 | Geopipe | AI-generated 3D city environments | $5M–$11M | Low Confidence | Proxy-Based Estimate | Estimated | $2M | Partial Confidence |
| 72 | Sympheny | Energy planning optimization software | $5M–$9M | Low Confidence | Revenue or ARR Multiple Estimate | Estimated | $4M | Low Confidence |
| 73 | BaseN | IoT digital twin platform | $5M–$8M | Strong Confidence | Revenue or ARR Multiple Estimate | Estimated | $1M | Partial Confidence |
| 74 | VSOptima | Operations optimization digital twin SaaS | $4M–$8M | Low Confidence | Revenue or ARR Multiple Estimate | Estimated | $0 | Low Confidence |
| 75 | Indeex | Food manufacturing digital twins | $4M–$7M | Strong Confidence | Implied Valuation from Raise | Implied | $1M | Strong Confidence |
| 76 | gemineers | CNC machining digital twins | $4M–$7M | Partial Confidence | Implied Valuation from Raise | Implied | $1M | Partial Confidence |
| 77 | Procheck | IoT factory monitoring platform | $4M–$7M | Low Confidence | Proxy-Based Estimate | Estimated | $460K | Partial Confidence |
| 78 | GreenTwin | Sustainable supply-chain digital twins | $3M–$7M | Low Confidence | Proxy-Based Estimate | Estimated | $0 | Full Confidence |
| 79 | Twin Robotics | Industrial robot programming software | $3M–$7M | Low Confidence | Acquisition Value | Estimated | $0 | Partial Confidence |
| 80 | Open Cities | Climate-resilience city digital twins | $3M–$7M | Low Confidence | Proxy-Based Estimate | Estimated | Not provided | Low Confidence |
| 81 | CloudWorx | No-code process twin platform | $3M–$6M | Partial Confidence | Revenue or ARR Multiple Estimate | Estimated | $1M | Partial Confidence |
| 82 | Geminum | Industrial operational digital twins | $3M–$6M | Low Confidence | Proxy-Based Estimate | Estimated | $0 | Low Confidence |
| 83 | Novacene | Building performance energy twins | $2M–$5M | Low Confidence | Revenue or ARR Multiple Estimate | Estimated | $0 | Full Confidence |
| 84 | Keyfive | Industrial reliability intelligence | $2M–$5M | Low Confidence | Proxy-Based Estimate | Estimated | $0 | Low Confidence |
| 85 | DeepCast | Industrial forecasting and optimization AI | $2M–$5M | Low Confidence | Implied Valuation from Raise | Estimated | $250K | Partial Confidence |
| 86 | Intemic | No-code industrial data optimization | $2M–$5M | Low Confidence | Proxy-Based Estimate | Estimated | $0 | Low Confidence |
| 87 | Quastify Materials | AI materials discovery digital twins | $2M–$5M | Low Confidence | Comparables-Based Estimate | Estimated | $0 | Full Confidence |
| 88 | VividGrd | AI energy asset management | $2M–$5M | Low Confidence | Proxy-Based Estimate | Estimated | $0 | Low Confidence |
| 89 | Carbontribe | Environmental-impact data digital twins | $2M–$5M | Low Confidence | Implied Valuation from Raise | Implied | $279K | Low Confidence |
| 90 | Hexwise | Heat exchanger digital twins | $2M–$4M | Low Confidence | Implied Valuation from Raise | Implied | $95K | Partial Confidence |
| 91 | AIOTEL | AI IoT digital twin platform | $2M–$4M | Low Confidence | Proxy-Based Estimate | Estimated | $0 | Full Confidence |
| 92 | Paninian | Aerospace defense digital twin platform | $2M–$4M | Low Confidence | Proxy-Based Estimate | Estimated | $186K | Strong Confidence |
| 93 | DREX | Renewable-energy financing digital twins | $2M–$4M | Low Confidence | Proxy-Based Estimate | Estimated | Not provided | Low Confidence |
| 94 | Vimansys Digital Solutions | Manufacturing simulation digital twins | $2M–$4M | Low Confidence | Proxy-Based Estimate | Estimated | $0 | Strong Confidence |
| 95 | ProtoTwin | Browser-based industrial simulation | $1M–$4M | Low Confidence | Proxy-Based Estimate | Estimated | $0 | Strong Confidence |
| 96 | Blynksolve | Pharma manufacturing knowledge twins | $1M–$3M | Low Confidence | Proxy-Based Estimate | Estimated | $100K | Partial Confidence |
| 97 | Andorean | Enterprise operational data platform | $1M–$3M | Low Confidence | Proxy-Based Estimate | Estimated | $0 | Low Confidence |
| 98 | Enreport | Industrial energy management twins | $1M–$2M | Low Confidence | Proxy-Based Estimate | Estimated | $20K | Low Confidence |
| 99 | Dualistic | No-code engineering digital twins | $1M–$2M | Low Confidence | Proxy-Based Estimate | Estimated | $0 | Low Confidence |
| 100 | Cityzenith | Urban digital twin platform | $0M–$2M | Low Confidence | Proxy-Based Estimate | Estimated | $11M | Partial Confidence |

This chart, included in our digital twin market deck, compares the 2026 size of the digital twin market with other markets of similar size
Key valuation trends in the digital twin market
Insights
- Cognite and Matterport represent $4.7B in combined acquisition value, showing that strategic buyers place the largest digital twin premiums on established industrial data and property-digitization platforms.
- The top 10 digital twin startups capture approximately 63% of the database’s aggregate midpoint valuation, which shows how strongly market value is concentrated among a small group of scaled platforms.
- Mujin, RobCo and Energy Robotics have raised approximately $397M and carry close to $2.0B in combined midpoint value, making robotics one of the digital twin market’s most valuable adjacent categories.
- Exodigo’s midpoint valuation of about $700M exceeds the combined midpoint value of Buildots and Cintoo, despite similar aggregate funding, which points to a scarcity premium for underground infrastructure intelligence.
- LocusView’s $525M acquisition value equals roughly 6.6 times its $80M in funding, making the utility construction platform one of the strongest realized funding-to-exit outcomes in the database.
- Twin Health’s midpoint valuation of approximately $950M is more than twice Unlearn’s $425M midpoint, showing that patient-facing metabolic digital twins currently attract more value than clinical trial simulation platforms.
- Cintoo reached an estimated midpoint valuation of $335M after raising $50M, while Exodigo required $214M to reach about $700M, which suggests stronger apparent capital efficiency for reality-data cloud software.
- Industrial, infrastructure and robotics companies dominate the highest valuation ranks, while healthcare digital twin startups remain less common but include several substantial private-company outcomes.

This chart, included in our digital twin market deck, breaks down Neara's playbook in digital twins
A few word about our methodology
As you can see, we built a database that ranks startups in the digital twin market based on their current valuation.
Estimating digital twin startup valuations is not always straightforward. Many companies do not publicly disclose their valuation, and the available information can vary widely depending on the company and its stage.
The digital twin market also covers several connected fields. These include industrial software, engineering simulation, spatial data, robotics, infrastructure, construction, healthcare and smart buildings.
To build this ranking, we applied a structured valuation methodology and cross-checked information across multiple reliable sources.
Whenever possible, we relied on direct disclosures. These include announced valuations from completed funding rounds, public filings for listed companies, or official acquisition prices.
When a digital twin company is publicly listed, we use its current market capitalization as the reference valuation.
If a company was acquired and no independent valuation can reasonably be estimated today, we use the acquisition price as the main reference point.
When a digital twin startup recently raised capital but the valuation was not disclosed, we estimate the implied valuation using typical dilution levels for that stage of fundraising.
In some cases, we also estimate valuations using operating metrics such as revenue, ARR, customer traction or software adoption, combined with valuation multiples from comparable companies in the digital twin market.
The most relevant comparison group depends on the company. An industrial simulation platform may require different multiples from a healthcare digital twin business, a construction intelligence platform or a robotics company.
When direct financial data is not available, we may rely on carefully selected comparable startups and other signals such as hiring growth, investor quality, commercial partnerships or product traction.
All estimates follow a strict evidence hierarchy. Recent funding rounds with announced valuations carry the most weight, followed by strong operating metrics and comparable company analysis.
We also carefully evaluate the age of every data point. Recent information carries more weight, while older data is treated cautiously and adjusted conservatively when necessary.
Whenever information is uncertain or incomplete, we clearly distinguish between confirmed facts and reasonable inferences.
Because valuation data is not always fully public, each digital twin startup in the ranking is assigned a confidence level based on the reliability, recency and consistency of the available evidence.
Full confidence means the valuation is supported by strong and recent evidence. Strong confidence means the estimate is well supported but includes minor inference. Partial confidence means the estimate relies more heavily on indirect signals. Low confidence means available information is limited or inconsistent.
When confidence is lower, we take a more conservative approach by widening the valuation range. This helps reflect the uncertainty and increases the probability that the true valuation falls within the estimated range.
This reflects how we conduct all our research, including the work behind our report covering the digital twin market.
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 valuation estimate, 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.

This chart, included in our digital twin market deck, shows annual funding in digital twin startups
Related blog posts
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- The latest update in the digital twin market
- The evolution of funding activity in the digital twin market
- The main fundraising trends in the digital twin market
- How big is the digital twin market today?
- A complete list of business models in the digital twin market
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