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 201–300 of 8,425 across all recorded investors. Order: Investor, descending.
| Position | Investor | Top 100 spend | Top 500 spend | Top 1,000 spend | Tracked holdings | Portfolio source |
|---|---|---|---|---|---|---|
| 201 | Whale Rock Capital Management | 2 | 2 | 2 | 4 | Portfolio details4 tracked holdings. Recorded name sample: Klaviyo, Talkdesk, Databricks, pilot.one. View full portfolio source JSON |
| 202 | Whale Rock Capital | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: JumpCloud. View full portfolio source JSON |
| 203 | WGI Group | 0 | 0 | 0 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Yext. View full portfolio source JSON |
| 204 | weXelerate | 0 | 0 | 0 | 2 | Portfolio details2 tracked holdings. Recorded name sample: App Radar by Splitmetrics, Smartlook. View full portfolio source JSON |
| 205 | WestWave Capital | 0 | 0 | 1 | 3 | Portfolio details3 tracked holdings. Recorded name sample: Polymer, FlowFuse, SuperTokens. View full portfolio source JSON |
| 206 | WestView Capital Partners | 0 | 1 | 1 | 2 | Portfolio details2 tracked holdings. Recorded name sample: Hubstaff, Cognito Forms. View full portfolio source JSON |
| 207 | Westtech Ventures | 0 | 0 | 0 | 1 | Portfolio details1 tracked holdings. Recorded name sample: flair.hr. View full portfolio source JSON |
| 208 | WestSummit | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Unity. View full portfolio source JSON |
| 209 | WestRiver Group | 0 | 0 | 0 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Tradeshift. View full portfolio source JSON |
| 210 | Weston Presidio | 0 | 0 | 0 | 1 | Portfolio details1 tracked holdings. Recorded name sample: MapQuest. View full portfolio source JSON |
| 211 | 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 |
| 212 | Western Digital Cptl | 0 | 0 | 0 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Hightail. View full portfolio source JSON |
| 213 | Western Digital Capital | 0 | 0 | 0 | 1 | Portfolio details1 tracked holdings. Recorded name sample: ScyllaDB. View full portfolio source JSON |
| 214 | Western Digital | 0 | 0 | 0 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Shadow. View full portfolio source JSON |
| 215 | Westcott | 0 | 0 | 0 | 1 | Portfolio details1 tracked holdings. Recorded name sample: JigSpace. View full portfolio source JSON |
| 216 | WestBridge Capital Management | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Freshworks. View full portfolio source JSON |
| 217 | WestBridge Capital | 0 | 0 | 0 | 2 | Portfolio details2 tracked holdings. Recorded name sample: Goldcast, Kallidus. View full portfolio source JSON |
| 218 | West Hill Capital | 0 | 0 | 0 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Whistleblower Software. View full portfolio source JSON |
| 219 | Wesprint | 0 | 0 | 0 | 1 | Portfolio details1 tracked holdings. Recorded name sample: TeamMood. View full portfolio source JSON |
| 220 | Wesleyan Investment Foundation | 0 | 0 | 0 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Overflow. View full portfolio source JSON |
| 221 | Wesley Clover | 0 | 0 | 0 | 1 | Portfolio details1 tracked holdings. Recorded name sample: CounterPath. View full portfolio source JSON |
| 222 | Wesley | 0 | 0 | 0 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Are.na. View full portfolio source JSON |
| 223 | Wes McKinney | 0 | 1 | 1 | 2 | Portfolio details2 tracked holdings. Recorded name sample: Neon, Row Zero. View full portfolio source JSON |
| 224 | WERK1 | 0 | 0 | 0 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Ecomply.io. View full portfolio source JSON |
| 225 | Wellstreet | 0 | 0 | 0 | 2 | Portfolio details2 tracked holdings. Recorded name sample: Scrive, Reve. View full portfolio source JSON |
| 226 | Wells Fargo Capital Finance | 0 | 0 | 0 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Upland InterFAX. View full portfolio source JSON |
| 227 | Wells Fargo & Company | 0 | 0 | 0 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Nebius. View full portfolio source JSON |
| 228 | Wells Fargo | 1 | 1 | 3 | 5 | Portfolio details5 tracked holdings. Recorded name sample: OpenAI/ChatGPT, MessageMedia, Notarize, Adobe Commerce, RingCentral. View full portfolio source JSON |
| 229 | Wellington Partners Venture Capital | 0 | 0 | 0 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Cloud 66. View full portfolio source JSON |
| 230 | Wellington Partners | 0 | 0 | 0 | 1 | Portfolio details1 tracked holdings. Recorded name sample: XING. View full portfolio source JSON |
| 231 | Wellington Management Group LLP | 0 | 0 | 2 | 2 | Portfolio details2 tracked holdings. Recorded name sample: Wix, Intuit. View full portfolio source JSON |
| 232 | Wellington Management Group | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Freshworks. View full portfolio source JSON |
| 233 | Wellington Management | 3 | 3 | 5 | 7 | Portfolio details7 tracked holdings. Recorded name sample: New Relic, PagerDuty, WordPress, Meet for Slack , Vanta, Patreon, PlanetScale. View full portfolio source JSON |
| 234 | Wellington Financial | 0 | 0 | 1 | 2 | Portfolio details2 tracked holdings. Recorded name sample: SparkPost, MindManager. View full portfolio source JSON |
| 235 | Wellington | 1 | 1 | 1 | 3 | Portfolio details3 tracked holdings. Recorded name sample: Databricks, Veracode, Sprinklr. View full portfolio source JSON |
| 236 | Wellfound | 0 | 0 | 1 | 4 | Portfolio details4 tracked holdings. Recorded name sample: Visualping, Mailmodo, Hiver, Iterable. View full portfolio source JSON |
| 237 | Wellborn Ventures | 0 | 0 | 0 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Mapme. View full portfolio source JSON |
| 238 | Weekend Fund | 0 | 0 | 0 | 3 | Portfolio details3 tracked holdings. Recorded name sample: Certn, Superwall, Graphy. View full portfolio source JSON |
| 239 | Wecken & Cie. | 0 | 0 | 0 | 1 | Portfolio details1 tracked holdings. Recorded name sample: sevDesk. View full portfolio source JSON |
| 240 | WebSummit Vancouver | 0 | 0 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: IcePanel. View full portfolio source JSON |
| 241 | WebStart Bristol | 0 | 0 | 0 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Zenstores. View full portfolio source JSON |
| 242 | WebPros | 0 | 0 | 0 | 2 | Portfolio details2 tracked holdings. Recorded name sample: SocialBee, Nixstats. View full portfolio source JSON |
| 243 | Webnode | 0 | 0 | 0 | 2 | Portfolio details2 tracked holdings. Recorded name sample: Survio, Reservio. View full portfolio source JSON |
| 244 | Webflow Ventures | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: LottieFiles. View full portfolio source JSON |
| 245 | Webflow | 0 | 0 | 0 | 1 | Portfolio details1 tracked holdings. Recorded name sample: GSAP. View full portfolio source JSON |
| 246 | Weber | 0 | 0 | 0 | 1 | Portfolio details1 tracked holdings. Recorded name sample: June.so. View full portfolio source JSON |
| 247 | Webb Investment Networks | 0 | 0 | 0 | 1 | Portfolio details1 tracked holdings. Recorded name sample: HelloFax. View full portfolio source JSON |
| 248 | Webb Investment Network | 1 | 3 | 3 | 3 | Portfolio details3 tracked holdings. Recorded name sample: PagerDuty, AppLovin, Dropbox Sign. View full portfolio source JSON |
| 249 | We Rock Capital | 0 | 0 | 0 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Lawwwing. View full portfolio source JSON |
| 250 | WCM Investment Management | 2 | 3 | 4 | 5 | Portfolio details5 tracked holdings. Recorded name sample: Anthropic/Claude, AppLovin, Databricks, Atlassian, PlanetScale. View full portfolio source JSON |
| 251 | WCAS | 0 | 0 | 0 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Avetta. View full portfolio source JSON |
| 252 | WBEZ Chicago | 0 | 0 | 0 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Pocket Casts. View full portfolio source JSON |
| 253 | Wayward Wild | 0 | 0 | 0 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Simplecast. View full portfolio source JSON |
| 254 | Wayra UK | 0 | 0 | 0 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Cloud 66. View full portfolio source JSON |
| 255 | Wayra Germany | 0 | 0 | 0 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Appetize. View full portfolio source JSON |
| 256 | Wayra | 0 | 1 | 1 | 3 | Portfolio details3 tracked holdings. Recorded name sample: Intruder, Pridatect, Datamolino. View full portfolio source JSON |
| 257 | Wayne Sleight | 0 | 0 | 0 | 1 | Portfolio details1 tracked holdings. Recorded name sample: SparkToro. View full portfolio source JSON |
| 258 | Wayne Chang | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Daily. View full portfolio source JSON |
| 259 | Wayfinder Ventures | 0 | 0 | 0 | 2 | Portfolio details2 tracked holdings. Recorded name sample: Greenboard, Trigger.dev. View full portfolio source JSON |
| 260 | WaveMaker | 0 | 0 | 0 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Runn. View full portfolio source JSON |
| 261 | Wavefox Ou | 0 | 0 | 0 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Clockwise. View full portfolio source JSON |
| 262 | Waveform Ventures | 0 | 0 | 0 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Dubdub.ai. View full portfolio source JSON |
| 263 | Wavecrest Growth Partners | 0 | 0 | 0 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Trolley. View full portfolio source JSON |
| 264 | Wave Financial | 0 | 0 | 0 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Springworks. View full portfolio source JSON |
| 265 | Wave Capital | 0 | 0 | 0 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Scarf. View full portfolio source JSON |
| 266 | Wattx | 0 | 0 | 0 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Glassnode. View full portfolio source JSON |
| 267 | Waterman Ventures | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: JumpCloud. View full portfolio source JSON |
| 268 | WASHINGTON MUTUAL INVESTORS FUND | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: SAP. View full portfolio source JSON |
| 269 | Washington H. Soul Pattinson | 0 | 0 | 0 | 1 | Portfolio details1 tracked holdings. Recorded name sample: SiteMinder. View full portfolio source JSON |
| 270 | Waseem Alshikh | 0 | 0 | 0 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Socket. View full portfolio source JSON |
| 271 | Wasatch Advisors | 0 | 0 | 0 | 2 | Portfolio details2 tracked holdings. Recorded name sample: XING, DataStax. View full portfolio source JSON |
| 272 | Warsaw Equity Group | 0 | 0 | 1 | 4 | Portfolio details4 tracked holdings. Recorded name sample: Matomo, GitProtect, Xopero, Piwik. View full portfolio source JSON |
| 273 | Warren Hogarth | 0 | 0 | 0 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Great Question. View full portfolio source JSON |
| 274 | Warman Investment | 0 | 0 | 0 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Clockwise. View full portfolio source JSON |
| 275 | Ward Poulos | 0 | 0 | 0 | 1 | Portfolio details1 tracked holdings. Recorded name sample: 2BeLive. View full portfolio source JSON |
| 276 | 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 |
| 277 | WannaBiz | 0 | 0 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Reply.io. View full portfolio source JSON |
| 278 | Wamda | 0 | 0 | 0 | 1 | Portfolio details1 tracked holdings. Recorded name sample: PlayPass. View full portfolio source JSON |
| 279 | Walter Chen | 0 | 0 | 0 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Pry. View full portfolio source JSON |
| 280 | Wallonie Entreprendre | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Odoo. View full portfolio source JSON |
| 281 | Walkabout Ventures | 0 | 0 | 0 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Rize. View full portfolio source JSON |
| 282 | Walden International | 0 | 0 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Webex by Cisco. View full portfolio source JSON |
| 283 | Walden Capital | 0 | 0 | 0 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Galileo AI. View full portfolio source JSON |
| 284 | WAKR! Holding | 0 | 0 | 0 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Clear Books. View full portfolio source JSON |
| 285 | Waikit Lau | 0 | 0 | 0 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Tenjin. View full portfolio source JSON |
| 286 | Wahed Ventures | 0 | 0 | 0 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Blush. View full portfolio source JSON |
| 287 | Wagepoint | 0 | 0 | 0 | 1 | Portfolio details1 tracked holdings. Recorded name sample: KinHR. View full portfolio source JSON |
| 288 | Wadi Ventures | 0 | 0 | 0 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Bablic. View full portfolio source JSON |
| 289 | Wade Foster | 0 | 0 | 0 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Adalo. View full portfolio source JSON |
| 290 | WA4STEAM | 0 | 0 | 0 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Lawwwing. View full portfolio source JSON |
| 291 | W Capital Partners | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Mindbody. View full portfolio source JSON |
| 292 | Vy Capital | 0 | 0 | 1 | 2 | Portfolio details2 tracked holdings. Recorded name sample: AppUpgrade, Cerebras. View full portfolio source JSON |
| 293 | Vulpes Ventures | 0 | 0 | 0 | 1 | Portfolio details1 tracked holdings. Recorded name sample: FileInvite. View full portfolio source JSON |
| 294 | Vulpes Investment Management | 0 | 0 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Veremark. View full portfolio source JSON |
| 295 | Vulpes | 0 | 0 | 0 | 1 | Portfolio details1 tracked holdings. Recorded name sample: JigSpace. View full portfolio source JSON |
| 296 | Vulcan Capital | 0 | 0 | 0 | 3 | Portfolio details3 tracked holdings. Recorded name sample: Clockwise, Rival IQ, Vitally. View full portfolio source JSON |
| 297 | Vulcan | 0 | 0 | 0 | 1 | Portfolio details1 tracked holdings. Recorded name sample: 800.com. View full portfolio source JSON |
| 298 | Vu Tran | 0 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Officely. View full portfolio source JSON |
| 299 | VTSMX - Vanguard Total Stock Market Index Fund Investor Shares | 0 | 0 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Intuit. View full portfolio source JSON |
| 300 | VTF Capital | 1 | 1 | 1 | 2 | Portfolio details2 tracked holdings. Recorded name sample: Asana, Skillshare. 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.