SaaS Investor Rankings 2026: Software Spend Data
Compare recorded VC and PE portfolios by how many of their products appear in Cledara's software-spend rankings.
8,425 recorded investors and 17,821 tracked portfolio links · spend observations through 2026-10.
The default order counts holdings among the top 100 software products by recorded spend. It reflects Cledara's customer dataset and recorded portfolio relationships; it does not measure investment returns, fund size, ownership value or the entire software market.
Published leaders by top-100 spend holdings
Accel
19
tracked products in the spend top 100
Sequoia Capital
18
tracked products in the spend top 100
Andreessen Horowitz
14
tracked products in the spend top 100
These cards use the full published ranking and stay fixed when the table is searched or sorted.
Explore investor portfolios
Showing 1001–1100 of 8,425 across all recorded investors. Order: Top 1,000 spend, descending.
| Position | Investor | Top 100 spend | Top 500 spend | Top 1,000 spend | Tracked holdings | Portfolio source |
|---|---|---|---|---|---|---|
| 1,001 | Alchemist Accelerator | 0 | 1 | 1 | 13 | Portfolio details13 tracked holdings. Recorded name sample: Launch Darkly, TestRigor, Remote Interview, Timekit, Digify, Billo, Playvox, Moesif, Freedcamp, Jirav. View full portfolio source JSON |
| 1,002 | TA Associates | 0 | 1 | 1 | 12 | Portfolio details12 tracked holdings. Recorded name sample: Enscape GmbH, Flexera, iCIMS, Voyant, Harvest, Veracode, Chaos Software, Fortra, Tungsten Automation, PDQ. View full portfolio source JSON |
| 1,003 | Arthur Ventures | 0 | 1 | 1 | 10 | Portfolio details10 tracked holdings. Recorded name sample: When I Work, Ionic, Decimal, TINYPulse, Paubox, Leadpages, DNSFilter, Keap, Stream, Macabacus . View full portfolio source JSON |
| 1,004 | Correlation Ventures | 0 | 1 | 1 | 9 | Portfolio details9 tracked holdings. Recorded name sample: Bubbles, Polymer, Wrangle, Roam, Podcastle, Inventory Source, AiPrise, Loop Returns, Zenlytic. View full portfolio source JSON |
| 1,005 | Polaris Partners | 0 | 1 | 1 | 9 | Portfolio details9 tracked holdings. Recorded name sample: Qualaroo, Recurly, Kissmetrics, Allstacks, Notarize, Veracode, Sherlock, Lob, Egnyte. View full portfolio source JSON |
| 1,006 | Cowboy Ventures | 0 | 1 | 1 | 8 | Portfolio details8 tracked holdings. Recorded name sample: Dropbox DocSend, Lightstep, LaunchNotes, Homebase, Passbase, Contra, mobile.dev, Drata. View full portfolio source JSON |
| 1,007 | Mark Cuban | 0 | 1 | 1 | 8 | Portfolio details8 tracked holdings. Recorded name sample: Socket, Lightyear, vidIQ, Datanyze, thirdweb, Superfeedr, Chargify, Perkbox. View full portfolio source JSON |
| 1,008 | Warburg Pincus | 0 | 1 | 1 | 8 | Portfolio details8 tracked holdings. Recorded name sample: NordVPN, Surfshark, CrowdStrike, Scandit, NordPass, Avalara, CData Software, A-LIGN. View full portfolio source JSON |
| 1,009 | byFounders | 0 | 1 | 1 | 7 | Portfolio details7 tracked holdings. Recorded name sample: Contractbook, Lovable, Supernormal, Francis, Uizard, QA.tech, DataCrunch. View full portfolio source JSON |
| 1,010 | Cota Capital | 0 | 1 | 1 | 7 | Portfolio details7 tracked holdings. Recorded name sample: Rollbar, FlowFuse, Platform9, Jirav, Concord, Kilo Code, Bluecast.ai. View full portfolio source JSON |
| 1,011 | Elevation Capital | 0 | 1 | 1 | 7 | Portfolio details7 tracked holdings. Recorded name sample: Nanonets, Murf.ai, Icegram, Sprinto, Zomentum, Factors.ai, Tracxn. View full portfolio source JSON |
| 1,012 | Goodwater Capital | 0 | 1 | 1 | 7 | Portfolio details7 tracked holdings. Recorded name sample: Read, Split Hero, Browse AI, Genei, Grid, Stackup , Codédex. View full portfolio source JSON |
| 1,013 | Great Oaks Venture Capital | 0 | 1 | 1 | 7 | Portfolio details7 tracked holdings. Recorded name sample: Affinity.co, Simplecast, Brandwatch, Speechify, Mighty, Loom, Tymeshift. View full portfolio source JSON |
| 1,014 | Microsoft Accelerator | 0 | 1 | 1 | 7 | Portfolio details7 tracked holdings. Recorded name sample: SupportBee, PlayCanvas, Reemo, Versium, QuestionPro, SignEasy, Cronofy. View full portfolio source JSON |
| 1,015 | Paycheck Protection Program | 0 | 1 | 1 | 7 | Portfolio details7 tracked holdings. Recorded name sample: Lucky Orange, Onehub, Noonlight, SecureDocs, Seamless.ai, Workable, AVOXI . View full portfolio source JSON |
| 1,016 | PPP | 0 | 1 | 1 | 7 | Portfolio details7 tracked holdings. Recorded name sample: Caspio, ProjectManager, TVEyes, Greenvelope, Justuno, Altium, SADA. View full portfolio source JSON |
| 1,017 | Apax Partners | 0 | 1 | 1 | 6 | Portfolio details6 tracked holdings. Recorded name sample: Epicor, Guesty, Sophos, RealPage, Paycor, Freedom Scientific. View full portfolio source JSON |
| 1,018 | Emergent Ventures | 0 | 1 | 1 | 6 | Portfolio details6 tracked holdings. Recorded name sample: Sagetap, Factors.ai, Loft, Rocketium, Astra Security, Privado. View full portfolio source JSON |
| 1,019 | Entrepreneurs First | 0 | 1 | 1 | 6 | Portfolio details6 tracked holdings. Recorded name sample: Vestd, Assuric, Toby, CloudSale, Telescope, Adaface. View full portfolio source JSON |
| 1,020 | Europa | 0 | 1 | 1 | 6 | Portfolio details6 tracked holdings. Recorded name sample: SAP, Linktree, CrowdStrike, Brandwatch, Avalara, Atlassian. View full portfolio source JSON |
| 1,021 | German Accelerator | 0 | 1 | 1 | 6 | Portfolio details6 tracked holdings. Recorded name sample: Leapsome, Perdoo, heyData, DueDash, neuroflash, Cyanite. View full portfolio source JSON |
| 1,022 | JMI Equity | 0 | 1 | 1 | 6 | Portfolio details6 tracked holdings. Recorded name sample: Huntress, HackerRank, Rainfocus, Ignition, ChurnZero, Higher logic vanilla. View full portfolio source JSON |
| 1,023 | Picus Capital | 0 | 1 | 1 | 6 | Portfolio details6 tracked holdings. Recorded name sample: Valuecase, Codegen, Zavvy, Kalto.la, Personio, Easyship. View full portfolio source JSON |
| 1,024 | Possible Ventures | 0 | 1 | 1 | 6 | Portfolio details6 tracked holdings. Recorded name sample: AnyDesk, Heyflow, Qatalog, Sizle, Jelly, Pluno. View full portfolio source JSON |
| 1,025 | Stepstone Group | 0 | 1 | 1 | 6 | Portfolio details6 tracked holdings. Recorded name sample: LookX AI, Mosyle, Black Forest Labs, Regie.ai, Tray.io, Crusoe. View full portfolio source JSON |
| 1,026 | Viola Ventures | 0 | 1 | 1 | 6 | Portfolio details6 tracked holdings. Recorded name sample: Redis Labs, Outbrain, Addressable, Kalto.la, Codefresh, Blue Onion Labs. View full portfolio source JSON |
| 1,027 | 137 Ventures | 0 | 1 | 1 | 5 | Portfolio details5 tracked holdings. Recorded name sample: Together AI, Teleport, Kong, Temporal Technologies, Crusoe. View full portfolio source JSON |
| 1,028 | Aaron Levie | 0 | 1 | 1 | 5 | Portfolio details5 tracked holdings. Recorded name sample: Better Stack, Factory, Socket, Okay, Lever. View full portfolio source JSON |
| 1,029 | Adobe Ventures | 0 | 1 | 1 | 5 | Portfolio details5 tracked holdings. Recorded name sample: Synthesia, Captions.ai, Black Forest Labs, Polycam, AI Writer. View full portfolio source JSON |
| 1,030 | AlbionVC | 0 | 1 | 1 | 5 | Portfolio details5 tracked holdings. Recorded name sample: trumpet, Egress, Academia, Humanloop, WeGift. View full portfolio source JSON |
| 1,031 | AXA Venture Partners | 0 | 1 | 1 | 5 | Portfolio details5 tracked holdings. Recorded name sample: Wheelhouse, SecurityScorecard, D-ID, Agicap, Cognism. View full portfolio source JSON |
| 1,032 | Berkeley SkyDeck | 0 | 1 | 1 | 5 | Portfolio details5 tracked holdings. Recorded name sample: Marq, EyeLevel, Pickaxe, Keyword Hero, Mandrill. View full portfolio source JSON |
| 1,033 | Equity Venture Partners | 0 | 1 | 1 | 5 | Portfolio details5 tracked holdings. Recorded name sample: Coassemble, Deputy, Biteable, Consensus, Bonjoro. View full portfolio source JSON |
| 1,034 | Founders' Co-op | 0 | 1 | 1 | 5 | Portfolio details5 tracked holdings. Recorded name sample: Giftbit, Row Zero, Vitally, Unbounce, Wordtune. View full portfolio source JSON |
| 1,035 | Georgian | 0 | 1 | 1 | 5 | Portfolio details5 tracked holdings. Recorded name sample: Clerk.com, Elementl, You, Dagster, FreshBooks. View full portfolio source JSON |
| 1,036 | Greenoaks Capital Partners | 0 | 1 | 1 | 5 | Portfolio details5 tracked holdings. Recorded name sample: Buf, InVideo, Hasura, Agicap, Personio. View full portfolio source JSON |
| 1,037 | Kindred Capital | 0 | 1 | 1 | 5 | Portfolio details5 tracked holdings. Recorded name sample: Paddle, Huggg, Artificial Societies, Hofy, Common Surface. View full portfolio source JSON |
| 1,038 | Lighthouse Ventures | 0 | 1 | 1 | 5 | Portfolio details5 tracked holdings. Recorded name sample: Product Fruits, DecisionRules, Ranketta, Localazy, FaceUp. View full portfolio source JSON |
| 1,039 | Merus Capital | 0 | 1 | 1 | 5 | Portfolio details5 tracked holdings. Recorded name sample: AdRoll, Moesif, Charma, Amplitude, Iterable. View full portfolio source JSON |
| 1,040 | Mubadala Capital | 0 | 1 | 1 | 5 | Portfolio details5 tracked holdings. Recorded name sample: Storyblok, Anaconda, mmhmm, Virtuoso, Crusoe. View full portfolio source JSON |
| 1,041 | Presto Ventures | 0 | 1 | 1 | 5 | Portfolio details5 tracked holdings. Recorded name sample: Sloneek, Keboola, CloudTalk, Finmap, Redtrack. View full portfolio source JSON |
| 1,042 | Ryan Hoover | 0 | 1 | 1 | 5 | Portfolio details5 tracked holdings. Recorded name sample: Bubbles, InVideo, Acquire.com, Anon, Deel. View full portfolio source JSON |
| 1,043 | Streamlined Ventures | 0 | 1 | 1 | 5 | Portfolio details5 tracked holdings. Recorded name sample: Bubbles, Mermaid Chart, MobileAction, AppLovin, Speechify. View full portfolio source JSON |
| 1,044 | Stride.vc | 0 | 1 | 1 | 5 | Portfolio details5 tracked holdings. Recorded name sample: Strapi, Purchasely, WeGift, Kolleno, Cord. View full portfolio source JSON |
| 1,045 | Tola Capital | 0 | 1 | 1 | 5 | Portfolio details5 tracked holdings. Recorded name sample: Pulumi, Robin, Clipchamp, Nooks, Tana. View full portfolio source JSON |
| 1,046 | XAnge | 0 | 1 | 1 | 5 | Portfolio details5 tracked holdings. Recorded name sample: Odoo, Valuecase, Airfocus, 360Learning, OneUp. View full portfolio source JSON |
| 1,047 | 42CAP | 0 | 1 | 1 | 4 | Portfolio details4 tracked holdings. Recorded name sample: Qdrant, Teemyco, Katana, OneShot AI. View full portfolio source JSON |
| 1,048 | Alliance Venture | 0 | 1 | 1 | 4 | Portfolio details4 tracked holdings. Recorded name sample: Sanity.io, Unleash, Ripe, Scrimba. View full portfolio source JSON |
| 1,049 | Alven Capital Partners | 0 | 1 | 1 | 4 | Portfolio details4 tracked holdings. Recorded name sample: ChartMogul, Genymotion, Mindee, PM2. View full portfolio source JSON |
| 1,050 | Amasia | 0 | 1 | 1 | 4 | Portfolio details4 tracked holdings. Recorded name sample: ReferralCandy, Dialpad, Scrimba, Skillshare. View full portfolio source JSON |
| 1,051 | Armilar Venture Partners | 0 | 1 | 1 | 4 | Portfolio details4 tracked holdings. Recorded name sample: Rows, Codacy, Cintoo, AmpleMarket. View full portfolio source JSON |
| 1,052 | Artisanal Ventures | 0 | 1 | 1 | 4 | Portfolio details4 tracked holdings. Recorded name sample: Robocorp, Arena.im, Tray.io, Temporal Technologies. View full portfolio source JSON |
| 1,053 | Burda Principal Investments | 0 | 1 | 1 | 4 | Portfolio details4 tracked holdings. Recorded name sample: NordVPN, Surfshark, NordPass, Skillshare. View full portfolio source JSON |
| 1,054 | Compound | 0 | 1 | 1 | 4 | Portfolio details4 tracked holdings. Recorded name sample: Ease, Braze, Prime Intellect, Daily. View full portfolio source JSON |
| 1,055 | Conviction | 0 | 1 | 1 | 4 | Portfolio details4 tracked holdings. Recorded name sample: Voyage AI, HeyGen, Cartesia, Spur. View full portfolio source JSON |
| 1,056 | CSC Upshot Ventures | 0 | 1 | 1 | 4 | Portfolio details4 tracked holdings. Recorded name sample: Crowdcast, TranscribeMe, Cronofy, Wootric. View full portfolio source JSON |
| 1,057 | European Investment Fund | 0 | 1 | 1 | 4 | Portfolio details4 tracked holdings. Recorded name sample: pixx.io, PocketLaw , Insightful, FaceUp. View full portfolio source JSON |
| 1,058 | F-Prime Capital | 0 | 1 | 1 | 4 | Portfolio details4 tracked holdings. Recorded name sample: Stage, Warmly, Readme, Funnel.io. View full portfolio source JSON |
| 1,059 | Forward Partners | 0 | 1 | 1 | 4 | Portfolio details4 tracked holdings. Recorded name sample: Baselime, Silico, Virtuoso, Ably. View full portfolio source JSON |
| 1,060 | FTV Capital | 0 | 1 | 1 | 4 | Portfolio details4 tracked holdings. Recorded name sample: Paddle, Highways, Egress, A-LIGN. View full portfolio source JSON |
| 1,061 | Fuel Capital | 0 | 1 | 1 | 4 | Portfolio details4 tracked holdings. Recorded name sample: Clearbit, Marvin, Delighted, Lattice. View full portfolio source JSON |
| 1,062 | HighSage Ventures | 0 | 1 | 1 | 4 | Portfolio details4 tracked holdings. Recorded name sample: Beekeeper, Frontify, Stage, Lattice. View full portfolio source JSON |
| 1,063 | Hummingbird Ventures | 0 | 1 | 1 | 4 | Portfolio details4 tracked holdings. Recorded name sample: Lovable, InVideo, MeetFrank, Cycle . View full portfolio source JSON |
| 1,064 | Ian Hogarth | 0 | 1 | 1 | 4 | Portfolio details4 tracked holdings. Recorded name sample: Timekit, Hofy, Claap, CharlieHR. View full portfolio source JSON |
| 1,065 | Investible | 0 | 1 | 1 | 4 | Portfolio details4 tracked holdings. Recorded name sample: MerchantSpring, Tability, Functionly, JigSpace. View full portfolio source JSON |
| 1,066 | Jared Leto | 0 | 1 | 1 | 4 | Portfolio details4 tracked holdings. Recorded name sample: Captions.ai, Pika Art , Loom, Insert Frame. View full portfolio source JSON |
| 1,067 | Karma Ventures | 0 | 1 | 1 | 4 | Portfolio details4 tracked holdings. Recorded name sample: Patchstack, WunderGraph, Swarmia, MeetFrank. View full portfolio source JSON |
| 1,068 | Kfund | 0 | 1 | 1 | 4 | Portfolio details4 tracked holdings. Recorded name sample: Abacum, Genesy AI, Hireflix, Factorial. View full portfolio source JSON |
| 1,069 | Kohlberg Kravis Roberts | 0 | 1 | 1 | 4 | Portfolio details4 tracked holdings. Recorded name sample: Flexera, Employment Hero, Exact, Perkbox. View full portfolio source JSON |
| 1,070 | Left Lane Capital | 0 | 1 | 1 | 4 | Portfolio details4 tracked holdings. Recorded name sample: Polycam, Riot, Kittl, Smartcat. View full portfolio source JSON |
| 1,071 | Moxxie Ventures | 0 | 1 | 1 | 4 | Portfolio details4 tracked holdings. Recorded name sample: Unthread, Certn, Superpeer, Daily. View full portfolio source JSON |
| 1,072 | Neuberger Berman | 0 | 1 | 1 | 4 | Portfolio details4 tracked holdings. Recorded name sample: Donut, AppUpgrade, Paycor, Celonis. View full portfolio source JSON |
| 1,073 | Okta Ventures | 0 | 1 | 1 | 4 | Portfolio details4 tracked holdings. Recorded name sample: Resemble AI, Iru, Crosschq, Crossbeam. View full portfolio source JSON |
| 1,074 | Pelion Venture Partners | 0 | 1 | 1 | 4 | Portfolio details4 tracked holdings. Recorded name sample: Keen, Subscript, Moki, CodeRabbit . View full portfolio source JSON |
| 1,075 | PFR Ventures | 0 | 1 | 1 | 4 | Portfolio details4 tracked holdings. Recorded name sample: Attention Insight, Brand24, SellIntegro, Symu. View full portfolio source JSON |
| 1,076 | Praetura Ventures | 0 | 1 | 1 | 4 | Portfolio details4 tracked holdings. Recorded name sample: Lunio, AccessPay, AccountancyManager by Bright, RapidSpike. View full portfolio source JSON |
| 1,077 | Quest Venture Partners | 0 | 1 | 1 | 4 | Portfolio details4 tracked holdings. Recorded name sample: Cassidy, Groove, Fauna , Amplitude. View full portfolio source JSON |
| 1,078 | Salesforce | 0 | 1 | 1 | 4 | Portfolio details4 tracked holdings. Recorded name sample: Helpshift, CloudConvert, Dialpad, Tabnine. View full portfolio source JSON |
| 1,079 | SeedRocket | 0 | 1 | 1 | 4 | Portfolio details4 tracked holdings. Recorded name sample: Sheetgo, Capboard, Holded, Nailted. View full portfolio source JSON |
| 1,080 | SID Venture Partners | 0 | 1 | 1 | 4 | Portfolio details4 tracked holdings. Recorded name sample: AiSDR, Awesomic, Elai.io, Finmap. View full portfolio source JSON |
| 1,081 | Silver Lake Waterman | 0 | 1 | 1 | 4 | Portfolio details4 tracked holdings. Recorded name sample: SecurityScorecard, Pendo, 360Learning, DataRobot. View full portfolio source JSON |
| 1,082 | Super Capital | 0 | 1 | 1 | 4 | Portfolio details4 tracked holdings. Recorded name sample: Rize, Cleavr , Fygr, Onoff. View full portfolio source JSON |
| 1,083 | TenOneTen Ventures | 0 | 1 | 1 | 4 | Portfolio details4 tracked holdings. Recorded name sample: HiHello, BackEngine, Daily, Plai. View full portfolio source JSON |
| 1,084 | Tokyo Black | 0 | 1 | 1 | 4 | Portfolio details4 tracked holdings. Recorded name sample: MaestroQA, Depot, Cycle , Kilo Code. View full portfolio source JSON |
| 1,085 | Vector Capital | 0 | 1 | 1 | 4 | Portfolio details4 tracked holdings. Recorded name sample: Malwarebytes, Meltwater, CorelDRAW, Freedom Scientific. View full portfolio source JSON |
| 1,086 | Western Technology Investment | 0 | 1 | 1 | 4 | Portfolio details4 tracked holdings. Recorded name sample: Dropbox DocSend, Affinity.co, Threedium, UserVoice. View full portfolio source JSON |
| 1,087 | Work-Bench | 0 | 1 | 1 | 4 | Portfolio details4 tracked holdings. Recorded name sample: Pronto, Backtrace, Leapfin, Dialpad. View full portfolio source JSON |
| 1,088 | ZhenFund | 0 | 1 | 1 | 4 | Portfolio details4 tracked holdings. Recorded name sample: Manus, Pollo AI, GameMaker.io, Kapwing. View full portfolio source JSON |
| 1,089 | 3i Group | 0 | 1 | 1 | 3 | Portfolio details3 tracked holdings. Recorded name sample: Vonage, Private Equity List, MindManager. View full portfolio source JSON |
| 1,090 | Abry Partners | 0 | 1 | 1 | 3 | Portfolio details3 tracked holdings. Recorded name sample: Donut, LINK Mobility , Private Equity List. View full portfolio source JSON |
| 1,091 | Adam Schwartz | 0 | 1 | 1 | 3 | Portfolio details3 tracked holdings. Recorded name sample: Embedly, Akiflow, Unbounce. View full portfolio source JSON |
| 1,092 | Adobe | 0 | 1 | 1 | 3 | Portfolio details3 tracked holdings. Recorded name sample: signNow, Skillshare, Zeroheight. View full portfolio source JSON |
| 1,093 | Album VC | 0 | 1 | 1 | 3 | Portfolio details3 tracked holdings. Recorded name sample: Mosyle, Kobiton, GUIDEcx. View full portfolio source JSON |
| 1,094 | Ariel Maislos | 0 | 1 | 1 | 3 | Portfolio details3 tracked holdings. Recorded name sample: Novu, LinearB, Peech. View full portfolio source JSON |
| 1,095 | Avenir Growth Capital | 0 | 1 | 1 | 3 | Portfolio details3 tracked holdings. Recorded name sample: Expo, Air, Drift. View full portfolio source JSON |
| 1,096 | Better Capital | 0 | 1 | 1 | 3 | Portfolio details3 tracked holdings. Recorded name sample: Superjoin, Docsumo, Astra Security. View full portfolio source JSON |
| 1,097 | Blumberg Capital | 0 | 1 | 1 | 3 | Portfolio details3 tracked holdings. Recorded name sample: Hootsuite, Braze, Panoply. View full portfolio source JSON |
| 1,098 | Breyer Capital | 0 | 1 | 1 | 3 | Portfolio details3 tracked holdings. Recorded name sample: Launch Darkly, Zeck, You. View full portfolio source JSON |
| 1,099 | Brighter Capital | 0 | 1 | 1 | 3 | Portfolio details3 tracked holdings. Recorded name sample: Expo, Creatify, MagicBell. View full portfolio source JSON |
| 1,100 | Bryant Stibel | 0 | 1 | 1 | 3 | Portfolio details3 tracked holdings. Recorded name sample: Datanyze, TeamViewer, McAfee. View full portfolio source JSON |
How to interpret these rankings
Top 100, 500 and 1,000 columns count distinct recorded portfolio products whose spend rank falls inside that tier for the observed month. Spend rank is based on trailing-12-month software spending in the Cledara customer dataset.
Default ties use top-500 holdings, top-1,000 holdings, total tracked holdings and investor name. Changing the table order changes its displayed positions, not the measured product spend ranks.
Tracked holdings include recorded unranked portfolio companies. Relationships can be incomplete or historical; a company backed by several firms appears in each firm's counts. Link totals are not distinct product totals or evidence of current ownership.
Portfolio name samples and the JSON source links remain usable without JavaScript. CSV and JSON downloads include every matching investor in the chosen order; All data provides the complete default ranking. Narrative summaries use the measured counts; unverified generated investment commentary is excluded from this research page.
Frequently asked questions
Which recorded investors have the most software-spend top-100 holdings?
Accel, Sequoia Capital and Andreessen Horowitz are first in the published ranking by tracked portfolio products in the spend top 100, with ties resolved by the other recorded holding counts and name. This reflects the Cledara customer dataset, rather than investment returns.
How is the investor leaderboard ranked?
The default order counts distinct recorded portfolio products among the top 100 software products by spend rank. Ties use top-500 holdings, top-1,000 holdings, total tracked holdings and name. It is not a combined adoption score or a measure of fund performance.
What does software spend rank measure?
The product's position by trailing-12-month software spending in the Cledara customer dataset. A lower product rank means more recorded spending. The investor columns count portfolio products inside each spend tier.
Are tracked portfolio links the same as distinct software products?
No. A product can be linked to several investors and appear in each firm's counts. Tracked holdings also include recorded unranked companies, and the relationships can be incomplete or historical.
Does this research show investment returns or current ownership?
No. It measures recorded relationships and portfolio-product spend tiers, not fund returns, ownership value or the entire software market. Publication updated 17 October 2026, 07:14 UTC.