Top Software Companies (10,000+)

Profitability: The company achieved full-year profitability at the group level in 2025, building on earlier platform-level profitability. This indicates improving operating leverage alongside growth.

Strong Revenue Growth: Annual recurring revenue rose to $218M in 2025 from $177M in 2024, showing renewed momentum versus the prior year. This expansion is supported by additional large-enterprise customer wins and bookings growth.

Diversified Revenue Streams: Newer offerings are contributing incremental monetization, with Mirakl Connect generating ARR and Mirakl Ads seeing rising ad spend and client additions. The expanding seller network and the launch of Nexus further broaden potential revenue sources.

Strong Revenue Growth: Group sales increased 10% in 2025 and 9% in the first half of 2026, with underlying EBIT up 11%, and full‑year 2026 sales and EBIT guidance raised. These trends indicate broad-based momentum that includes U.S. programs.

Resilient & Sustainable Growth: A record order backlog of about £83.6–£84.0bn provides multi‑year revenue visibility and underpins capacity additions at U.S. sites. Free cash flow also strengthened, reinforcing durability of the growth profile.

Market Expansion: Facility expansions and upgrades in Endicott (NY), Austin (TX), Hudson (NH), and a new Utah site, alongside the 2024 acquisition of Ball Aerospace (now Space & Mission Systems), enlarge the U.S. footprint and portfolio. Recent U.S. and international contract wins further extend reach across markets.

Strong Revenue Growth: Revenue is expanding at a sustained, double‑digit pace across 2024–2026, and management’s 2026 outlook signals further increases from 2025 levels. Multiple consecutive quarters show acceleration, reinforcing momentum rather than a one‑off spike.

Profitability: Adjusted EBITDA margins remained strong while scaling, indicating operating leverage alongside topline expansion. Management also references accretive potential from recent actions that could support margins over time.

Customer Loyalty & Retention: Net revenue retention remained well above 100%, and the number of larger clients increased, pointing to expansion within the installed base. These dynamics suggest durable relationships that can compound growth via cross‑sell and upsell.

Investor Backing & Capital Strength: Funding was bolstered by a $4.8M seed round in October 2023 led by Spark Capital with YC participation, alongside reports of several six‑figure contracts at that time. This capital foundation is presented as supporting product and go‑to‑market expansion.

Market Expansion: Visible enterprise and government deployments are cited, including an HHS/ACF Privacy Impact Assessment describing a live federal implementation and a Checkr case study showing Salesforce answer accuracy improving from 13% to 86% after Credal’s MCP rollout. Additional named enterprise logos and program participation indicate growing reach across regulated and commercial sectors.

Strategic Partnerships: Engagements such as Comcast NBCUniversal’s LIFT Labs Enterprise Accelerator and ecosystem alignment with MongoDB point to expanding enterprise channels and validation. These relationships can accelerate access to large buyers and signal fit for at‑scale or regulated use cases.

Investor Backing & Capital Strength: Back-to-back Series D ($118M, Feb 2026) and Series E ($100M, May 2026) at step-up valuations to roughly $1.35B and $2.74B point to ample runway and strong investor confidence. Participation from firms such as Index Ventures, Kleiner Perkins, Sequoia, Thrive, Founders Fund, Redpoint, and Kaiser Permanente Ventures underscores capital strength.

Strong Revenue Growth: Company disclosures cite approximately $200M in gross annual recurring revenue with revenue more than doubling for five consecutive years, including over 130% year-over-year growth noted in early 2026. Nearly 800 customers and millions of covered members are also cited as evidence of expanding commercial scale.

Strategic Partnerships: New collaborations in 2026 with Priority Health and Atlantic Health expand distribution into health plan and regional employer channels. Priority Health separately confirmed the partnership and product launch.

Profitability: FY2026 marked the first full year of GAAP profitability, and Q1 FY2027 delivered a fourth consecutive GAAP‑profitable quarter. Profit guidance and expanding non‑GAAP operating margins indicate continued bottom‑line strength.

Healthy Cash Flow: Free cash flow was $102.7M in FY2026 and $41.2M in Q1 FY2027. Cash and investments of $444M and a $100M share repurchase authorization underscore liquidity to invest while returning capital.

Future-Ready Strategy: Management emphasizes AI‑first Operations Cloud offerings and a new usage‑based package aimed at re‑accelerating growth. Product and packaging moves are positioned to drive longer‑term expansion and retention.

Strong Revenue Growth: Cisco’s filings indicate Observability revenue rose year over year, with Q2 FY2026 growth “primarily driven by growth in ThousandEyes,” and 6% growth for the full year—pointing to a continued positive trend. This suggests ThousandEyes is expanding its contribution within Cisco’s Observability category.

Product Line Growth: New capabilities and positioning—including updated Internet/Cloud Intelligence pages and broadband/ISP assurance showcased at MWC 2026—show ongoing investment and widening use cases. The cadence of launches indicates active development rather than stagnation.

Innovation-Driven Growth: Deepening integrations across Meraki/Catalyst and Internet Insights and a push toward end‑to‑end digital experience assurance align with rising cloud/SaaS reliance. These moves reflect a forward‑leaning roadmap aimed at broader, outcome‑oriented visibility.

Strong Revenue Growth: Revenue is reported to have risen from roughly $800 million in 2023 to around $1 billion in 2024, with industry recognition (Inc. 5000) highlighting exceptional multi‑year momentum. Company materials also reference ongoing increases in platform activity and customers served.

Investor Backing & Capital Strength: Capital raises include a $170 million Series B and approximately $500 million in equity and debt to finance a major acquisition, bringing total funding to the high hundreds of millions and valuation above $2 billion. This financing enabled large‑scale M&A and continued expansion.

Market Expansion: Acquisitions of SMS Assist and Blue Skyre IBE broadened reach into residential and commercial facilities management, while partnerships (e.g., Paul Davis Restoration) and a larger Chicago office signal a widening geographic and service footprint. Operations now span 100+ markets with 30,000+ vendors, serving hundreds of thousands of properties and millions of annual work orders.

Strong Revenue Growth: Estimated 2024 revenue or ARR around ~$60M and messaging of 2,500+ customers point to continued scaling. North America has been a growth engine with reported ~65% average year‑over‑year growth and more than 15% of revenue.

Investor Backing & Capital Strength: A $200M round in October 2021 led by Sumeru, SoftBank Vision Fund 2, and Silver Lake Waterman—bringing total funding to roughly $240M—provides capacity for product investment, hiring, and M&A. A 2025 grant adds incremental support for AI and skills initiatives.

Strategic Partnerships: A partnership with Workday announced on Nov 13, 2025, and integrations with major HCM platforms like UKG expand enterprise routes to market. These alliances can enhance distribution in mid‑market and enterprise segments.

Profitability: GAAP profitability and expanding Adjusted EBITDA are evident, with FY2026 delivering over $100M in Adjusted EBITDA and profitability continuing in Q1 FY2027. Margin gains reflect efficiency actions and operating leverage noted in recent periods.

Healthy Cash Flow: Cash generation is solid, with FY2026 producing $53.3M in free cash flow and Q1 FY2027 adding roughly $37M. Consistent positive cash flow supports ongoing operations and strategic initiatives.

Investor Backing & Capital Strength: The company completed a $140M Dutch‑auction tender repurchasing 24.3M shares and increased its open‑market repurchase authorization by $100M. These actions signal confidence and capacity to return capital.

Strong Revenue Growth: Revenue is rising briskly, with the latest quarter up year over year and full‑year FY2026 guidance raised for both revenue and ARR. Prior billings and deferred revenue growth indicate healthy demand heading into FY2026.

Strong Market Position & Advantage: Independent analyst evaluations place the company as a leader in SSE/SASE and note frequent inclusion on enterprise shortlists. A broad global footprint and regulatory certifications bolster competitiveness in regulated and international markets.

Product Line Growth: Expansion in newer offerings—such as Data Security, AI‑focused modules, and Zero Trust Branch—shows meaningful traction. Metered, non‑seat‑based solutions accounted for a sizable share of new ACV, suggesting broader monetization beyond core seats.

Strong Market Position & Advantage: Placement as a Leader in Gartner’s 2024–2025 Magic Quadrant for Digital Experience Platforms and continued industry recognition indicate durable competitive standing. Ongoing Engage events and partner programs align with sustained enterprise adoption.

Innovation-Driven Growth: Active product expansion—such as the 2026 launches of Acquia AI and major Acquia Source updates, plus prior acquisitions like Monsido and Widen—shows continued investment in the platform. These moves broaden the DXP footprint across AI, DAM/PIM, and governance.

Customer Loyalty & Retention: Company retrospectives for 2022–2023 cite record renewal rates alongside multi‑year revenue increases. This points to a stable installed base that supports resilience through market cycles.

Strong Revenue Growth: Revenue is described at roughly $600M in 2024 with about 43% year-over-year growth and an estimated $900M annualized run-rate by October 2025. External recognitions like Deloitte Technology Fast 500 and the FT Americas’ Fastest Growing Companies 2026 align with this expansion trajectory.

Product Line Growth: Acquisitions of AfterSell (2024), mParticle (January 2025), and Canal (July 2025) expanded capabilities into SMB upsells, customer data platform functionality, and distributed commerce via Rokt Catalog. These additions broaden the offering beyond core checkout ads and support continued scale.

Investor Backing & Capital Strength: A January 16, 2025 secondary share sale valued the company at about $3.5B, signaling strong late-stage investor support. Coverage also notes a potential 2026 IPO target, consistent with capital-markets readiness.

Innovation-Driven Growth: Public release notes through mid-2026 show ongoing feature delivery across Dispatch/Planning and Order Manager, and the April 2025 launch of Dynamic Delivery Slots underscores continued platform extension. This cadence indicates active development in support of live enterprise use cases.

Strategic Partnerships: The company continues to emphasize its carrier network and ecosystem integrations, including an Uber Direct tie-in and ongoing Zenkraft activity on Salesforce AppExchange in 2025–2026. These connections suggest durable routes to market and expanded solution coverage.

Market Expansion: Appointment of a new SVP/GM for EMEA in April 2026, alongside continued market education (e.g., State of the Last Mile research), points to a regional push and demand-generation focus. Related partner activity (such as the UK extension of Uber Direct) aligns with widening geographic reach.

Investor Backing & Capital Strength: A 2023 strategic growth investment from Great Hill Partners, with Vista retaining a minority stake, is presented as funding to accelerate product innovation and go-to-market. This signals ample resources to support expansion initiatives into 2025–2026.

Product Line Growth: Recent launches such as the Enterprise Resilience Decision System (2026), Recovery Optimization (late 2025), and AI-enabled planning tools indicate an active roadmap and expanded capabilities. This cadence points to ongoing product investment aimed at capturing more use cases.

Market Expansion: Leadership additions focused on scale—a new CMO (Mar 2026), CPO (Feb 2026), an executive to drive international growth (Jan 2026), and a CFO (Dec 2025)—along with active openings across sales, product, data/AI, and marketing, suggest widening go-to-market reach. Stated use by 400+ enterprises and inclusion as a Leader on G2’s Winter 2026 ERM Grid reinforce a growing presence.

Investor Backing & Capital Strength: A $90M Series C in May 2025—corroborated by trade press—was secured to expand the AI-driven platform and scale operations. Additional equity raised in 2024 and total capital around $200M signal strong investor support for growth.

Product Line Growth: In September 2025 the company launched a Payment Integrity suite and acquired ZignaAI, extending beyond utilization management into claims/payment accuracy. Subsequent 2026 updates expanded the platform into appeals, care management, claims operations, and quality.

Market Expansion: Payer materials indicate Cohere Health reviews Humana prior authorization requests nationwide, with HealthPartners documents in 2025–2026 showing adoption beyond Humana. Company-reported operating scale (600k+ providers, millions of requests) and added plan wins through 2026 suggest a broader payer footprint.

Strong Revenue Growth: Revenue is accelerating with multiple raised full‑year outlooks and consecutive quarters of rapid top‑line increases. The business also highlights a long “beat and raise” cadence into 2026.

Profitability: GAAP net income turned positive in 2026 alongside expanding adjusted EBITDA. Management continues to guide to improved margins through the year.

Healthy Cash Flow: Free cash flow is rising and full‑year cash generation guidance was increased. Disclosures point to stronger operating cash flow through the first half of 2026.

Strong Revenue Growth: ARR rose from $338M (2023) to $417M (2024) and reached $501M by September 30, 2025, alongside revenue growth of 19% in 2024 and 22% for the first nine months of 2025. Growth in large customers—from 234 (2023) to 349 (2024) and 494 by September 2025—supports continued scale.

Investor Backing & Capital Strength: The company secured $150M in July 2025 to accelerate AI development and international expansion. This capital underpinned new product launches (e.g., Motive Analytics) and broader go‑to‑market efforts.

Customer Loyalty & Retention: Enterprise net revenue retention was cited above 127%–130%, and ARR from customers spending over $100K more than doubled since 2024. Multi‑product penetration also deepened, with 89% of Core Customers using at least two products and 40% using three or more by September 30, 2025.

Diversified Customer Base: Company materials indicate Strata now serves more than 2,300 organizations across healthcare, higher education, and financial services, with recent moves extending further into financial institutions. The Syntellis combination and the 2026 c. myers acquisition broaden exposure beyond hospitals, diversifying growth drivers.

Product Line Growth: New offerings such as StrataJazz Position Control (June 2025) and AI-driven Predictive Analytics (March 2026) expand the platform’s capabilities. These launches address labor optimization and earlier financial risk detection, signaling continued investment in the product suite.

Strategic Partnerships: A March 2025 collaboration with Snowflake is aimed at handling explosive growth in customer data needs and scaling a large comparable healthcare financial dataset. This alignment supports platform performance and data accessibility as the customer base grows.

Market Expansion: A completed acquisition of Urgently and higher stated coverage—about 150 million drivers and roughly 14 million annual events versus lower figures in 2019–2020—indicate a larger footprint. Industry recognition and growth forecasts for roadside assistance provide supportive category tailwinds.

Strategic Partnerships: Multi-year renewals with Hagerty and long-standing OEM relationships such as Ford, plus wins in fleet/telematics channels (e.g., Geotab), signal retention and new routes to market. Additional insurer partnerships like Virginia Farm Bureau broaden channel access.

Product Line Growth: Crash Response deployments expanded after significant 2023 gains, with calls up sharply since launch and dispatch volumes doubling as more top carriers adopted the service. Emphasis on the Swoop platform and automation supports continued product-led scaling.