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 1601–1700 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 |
|---|---|---|---|---|---|---|
| 1,601 | Lemonade Capital | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Outreach. View full portfolio source JSON |
| 1,602 | Leo Group LLC | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Hootsuite. View full portfolio source JSON |
| 1,603 | Leverage / LVRG | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Product Fruits. View full portfolio source JSON |
| 1,604 | Lewis Holdings | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Unleashed. View full portfolio source JSON |
| 1,605 | LIFT99 | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Modash.io. View full portfolio source JSON |
| 1,606 | Lightspeed Ventures | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: WorkOS. View full portfolio source JSON |
| 1,607 | Long Light Capital | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Rollbar. View full portfolio source JSON |
| 1,608 | Lord David Alliance | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: SimilarWeb. View full portfolio source JSON |
| 1,609 | Louis Beryl | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Deel. View full portfolio source JSON |
| 1,610 | Louis Citron | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Vonage. View full portfolio source JSON |
| 1,611 | Luc Brandts | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Recruitee. View full portfolio source JSON |
| 1,612 | Lucas Swisher | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Deel. View full portfolio source JSON |
| 1,613 | Lucek Samulowski | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Better Stack. View full portfolio source JSON |
| 1,614 | M-Fund | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: FullEnrich. View full portfolio source JSON |
| 1,615 | Madhu Muthukumar | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Better Stack. View full portfolio source JSON |
| 1,616 | Mango.vc | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Loop Returns. View full portfolio source JSON |
| 1,617 | Marbruck | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Smartcat. View full portfolio source JSON |
| 1,618 | Marios S. Kalochoritis | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Copla. View full portfolio source JSON |
| 1,619 | Mark Cuban Companies | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Synthesia. View full portfolio source JSON |
| 1,620 | Mark Evans | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Paddle. View full portfolio source JSON |
| 1,621 | Mark MacLeod | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Unbounce. View full portfolio source JSON |
| 1,622 | Mark Pearson | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Paddle. View full portfolio source JSON |
| 1,623 | Marques Brownlee | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Riverside.fm. View full portfolio source JSON |
| 1,624 | Märt Kroodo | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: 1oT. View full portfolio source JSON |
| 1,625 | Matt McClure | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Firecrawl. View full portfolio source JSON |
| 1,626 | Maxfield Capital | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Parallels. View full portfolio source JSON |
| 1,627 | Maynard Webb | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Diffbot. View full portfolio source JSON |
| 1,628 | Meros Equity Global Management | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Outreach. View full portfolio source JSON |
| 1,629 | MetaWeb Ventures | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Sender. View full portfolio source JSON |
| 1,630 | Meusinvest | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Onoff. View full portfolio source JSON |
| 1,631 | Micha Kaufman | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Weavy. View full portfolio source JSON |
| 1,632 | Michael Dearing | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Mixmax. View full portfolio source JSON |
| 1,633 | Michael Dell | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Dell Software. View full portfolio source JSON |
| 1,634 | Michael Hansen | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: ChartMogul. View full portfolio source JSON |
| 1,635 | MicroAge | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Semaphore. View full portfolio source JSON |
| 1,636 | Microsoft's Venture Fund | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: LottieFiles. View full portfolio source JSON |
| 1,637 | Midterm Success Ltd | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: AppLovin. View full portfolio source JSON |
| 1,638 | Mike Cannon-Brookes' family investment | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Dovetail. View full portfolio source JSON |
| 1,639 | Milford Asset Management | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Unleashed. View full portfolio source JSON |
| 1,640 | Millennium Technology Value Partners | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Hootsuite. View full portfolio source JSON |
| 1,641 | Mission and Market | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Readme. View full portfolio source JSON |
| 1,642 | Mistral Ventures | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Unito. View full portfolio source JSON |
| 1,643 | MongoDB | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Temporal Technologies. View full portfolio source JSON |
| 1,644 | Monochrome Ventures | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Sanity.io. View full portfolio source JSON |
| 1,645 | Montagu Private Equity | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Harvest. View full portfolio source JSON |
| 1,646 | Montreux Equity Partners | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Mindbody. View full portfolio source JSON |
| 1,647 | Moody's | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: SecurityScorecard. View full portfolio source JSON |
| 1,648 | Morgenthaler | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: QuickBooks. View full portfolio source JSON |
| 1,649 | Mubadala Investment Company | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Odoo. View full portfolio source JSON |
| 1,650 | MUFG Union Bank | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Vonage. View full portfolio source JSON |
| 1,651 | Nakul Patel | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Grain.co. View full portfolio source JSON |
| 1,652 | Nava Ventures | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: GrowthBook. View full portfolio source JSON |
| 1,653 | Naval | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Replit. View full portfolio source JSON |
| 1,654 | NCSC Cyber Accelerator | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Intruder. View full portfolio source JSON |
| 1,655 | Neo (Consulting Services (B2B)) | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Assembled. View full portfolio source JSON |
| 1,656 | New York Angels | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Magellan AI. View full portfolio source JSON |
| 1,657 | NewDo Venture | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Rippling. View full portfolio source JSON |
| 1,658 | NGL Ventures | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Copla. View full portfolio source JSON |
| 1,659 | Nick Hungerford | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: CharlieHR. View full portfolio source JSON |
| 1,660 | Nimble Ventures | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: AppLovin. View full portfolio source JSON |
| 1,661 | Northern Trust Corporation | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: SAP. View full portfolio source JSON |
| 1,662 | Northern Trust Global Investments | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: AppLovin. View full portfolio source JSON |
| 1,663 | Nuveen | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Snowflake. View full portfolio source JSON |
| 1,664 | NXTP Labs | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Auth0 by Okta. View full portfolio source JSON |
| 1,665 | Odyssey Ventures | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: AnyDesk. View full portfolio source JSON |
| 1,666 | Offord Ventures | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: FullEnrich. View full portfolio source JSON |
| 1,667 | OFI Invest Asset Management SA | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: SAP. View full portfolio source JSON |
| 1,668 | OMERS | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Hootsuite. View full portfolio source JSON |
| 1,669 | Omidyar Network India | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Entri. View full portfolio source JSON |
| 1,670 | OneValley | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Pump.co. View full portfolio source JSON |
| 1,671 | OneValley Ventures | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Pump.co. View full portfolio source JSON |
| 1,672 | Onward HQ | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Deputy. View full portfolio source JSON |
| 1,673 | OpenAI | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Descript. View full portfolio source JSON |
| 1,674 | Openfund | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Workable. View full portfolio source JSON |
| 1,675 | Orbit Capital | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: CloudTalk. View full portfolio source JSON |
| 1,676 | Oren Zeev | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Riverside.fm. View full portfolio source JSON |
| 1,677 | Orient Capital | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: AppLovin. View full portfolio source JSON |
| 1,678 | Orient Securities Asset Management | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: AppLovin. View full portfolio source JSON |
| 1,679 | Oryzn Capital | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: DataRails. View full portfolio source JSON |
| 1,680 | Oscar Pierre | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: tl;dv. View full portfolio source JSON |
| 1,681 | Oskari Saarenmaa & Hannu Valtonen | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Better Stack. View full portfolio source JSON |
| 1,682 | OUIncubator | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: MXToolBox. View full portfolio source JSON |
| 1,683 | Overbrook Ent | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Loom. View full portfolio source JSON |
| 1,684 | OysterHR | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Juno. View full portfolio source JSON |
| 1,685 | Paddle | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Juno. View full portfolio source JSON |
| 1,686 | Palo Alto Network | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Loqate. View full portfolio source JSON |
| 1,687 | Pareto Holdings | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: CharlieHR. View full portfolio source JSON |
| 1,688 | Pasadena Angels | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Mindbody. View full portfolio source JSON |
| 1,689 | Paul Martino | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Udemy. View full portfolio source JSON |
| 1,690 | Paulo Marques | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: AmpleMarket. View full portfolio source JSON |
| 1,691 | Pete Huitsing | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Daily. View full portfolio source JSON |
| 1,692 | Philip Cockbain | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Dext. View full portfolio source JSON |
| 1,693 | Playground Global | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Branch. View full portfolio source JSON |
| 1,694 | Plug and Play Insurtech | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Insightful. View full portfolio source JSON |
| 1,695 | Plug and Play Ventures | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Kota. View full portfolio source JSON |
| 1,696 | Plural | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Metaview. View full portfolio source JSON |
| 1,697 | PointOne Capital | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Astra Security. View full portfolio source JSON |
| 1,698 | Polar Capital Holdings Plc | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: AppLovin. View full portfolio source JSON |
| 1,699 | PRIMECAP | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Unity. View full portfolio source JSON |
| 1,700 | PROOF | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Revenuecat. 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.