Biggest Private Companies by Valuation
This is a list of the biggest private companies by valuation. It includes companies with valuations available on secondary markets based on completed funding rounds in the last 3 years.
Companies
452
In our database
Total Valuation
$5.8T
Latest round
Total Revenue
$392.1B
Latest estimates
23 Companies
| Rank | |||||||
|---|---|---|---|---|---|---|---|
| 1 |  Anthropic | $965B | $65B | +0.04% | United States | ||
| 2 |  OpenAI | $852B | $24B | -0.37% | United States | ||
| 14 |  DeepSeek | $50B | $500M | +3.66% | China | ||
| 21 |  Moonshot AI | $35B | $300M | -15.75% | China | ||
| 22 |  Safe Superintelligence | $32B | n/a | -0.58% | United States | ||
| 28 |  Reflection AI | $27.5B | n/a | +23.90% | United States | ||
| 53 |  Skild AI | $14B | $30M | +1.67% | United States | ||
| 55 |  Mistral AI | $13.8B | $400M | +7.03% | France | ||
| 67 |  Thinking Machines Lab | $12B | n/a | – | – | United States | |
| 68 |  Physical Intelligence | $11.19B | n/a | +1.08% | United States | ||
| 92 |  Lila Sciences | $8.5B | n/a | +41.27% | United States | ||
| 152 |  Recursive Superintelligence | $4.65B | n/a | – | – | United Kingdom | |
| 174 |  Luma AI | $3.85B | n/a | +0.00% | United States | ||
| 176 |  Chai Discovery | $3.8B | n/a | +147.62% | United States | ||
| 192 |  Black Forest Labs | $3.25B | $96.3M | +37.77% | Germany | ||
| 201 |  Generalist | $3B | n/a | – | – | United States | |
| 213 |  Sakana AI | $2.7B | n/a | -14.77% | Japan | ||
| 251 |  Simile | $2B | n/a | – | United States | ||
| 284 |  Meshy | $1.5B | n/a | – | – | United States | |
| 288 |  Nous Research | $1.5B | n/a | +2.95% | United States | ||
| 404 |  Standard Intelligence | $500M | n/a | – | – | United States | |
| 410 |  Stability AI | $493.19M | n/a | +0.00% | United Kingdom | ||
| 439 | E Elorian | $300M | n/a | – | – | United States |
United States
China
France
United Kingdom
Germany
Japan