Skip to research
    Use this research
    Cite

    Include the source URL and the data date in your citation.

    Data & methods

    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

    Reset

    Showing 201–300 of 8,425 across all recorded investors. Order: Top 1,000 spend, descending.

    Recorded holdings by software-spend tier; lower product spend rank means higher recorded spending
    PositionInvestorTop 100 spendTop 500 spendTop 1,000 spendTracked holdingsPortfolio source
    201Baillie Gifford & Co1344
    Portfolio details

    4 tracked holdings. Recorded name sample: Wix, SurveyMonkey, AppLovin, Datadog.

    View full portfolio source JSON
    202Blue Owl Capital1344
    Portfolio details

    4 tracked holdings. Recorded name sample: Later, Zendesk, Pluralsight, Nylas.

    View full portfolio source JSON
    203Accomplice12416
    Portfolio details

    16 tracked holdings. Recorded name sample: Databox, User Interviews, Klaviyo, Web3Auth, SecurityScorecard, Wrangle, Teachable, Gigasheet, AngelList, Robin.

    View full portfolio source JSON
    204AltaIR Capital12413
    Portfolio details

    13 tracked holdings. Recorded name sample: Storylane, Upflow, Limelight, PandaDoc, Tella, Respond, Chatfuel, Browse AI, FuseBase, Deel.

    View full portfolio source JSON
    205Spectrum Equity12411
    Portfolio details

    11 tracked holdings. Recorded name sample: Customer.io, Otter.ai, Bitly, Lucid Software, PicMonkey, Prezi, Ease, Zenwork, Animoto, Spreedly.

    View full portfolio source JSON
    206Endeavor Catalyst12410
    Portfolio details

    10 tracked holdings. Recorded name sample: JumpCloud, Instabug, Certn, InvGate, Spacelift, Paymob, Workable, OneTrust, Katalon, Sendmarc.

    View full portfolio source JSON
    207Right Side Capital Management11415
    Portfolio details

    15 tracked holdings. Recorded name sample: ConvertFlow, Fireflies, Phone2, Giftbit, People Data Labs, Peoplevine, Evergreen, VidGrid, Fomo, Seamless.ai.

    View full portfolio source JSON
    208KKR04414
    Portfolio details

    14 tracked holdings. Recorded name sample: Epicor, Paddle, Contentsquare, Motion Array, Guesty, OneStream, Alchemer, AppLovin, Cegid, Rainfocus.

    View full portfolio source JSON
    20920VC04412
    Portfolio details

    12 tracked holdings. Recorded name sample: Fyxer AI, Ledgy, Lovable, Peec AI, LottieLab, Requesty, Digits, Hofy, Merge, Roam Research.

    View full portfolio source JSON
    21083North0447
    Portfolio details

    7 tracked holdings. Recorded name sample: Paddle, Snappy, LinearB, EX.CO, Workable, Logz.io, Celonis.

    View full portfolio source JSON
    211Madrona0446
    Portfolio details

    6 tracked holdings. Recorded name sample: Snowflake, Fyxer AI, Clerk.com, Unstructured, Esper, Temporal Technologies.

    View full portfolio source JSON
    212Qumra Capital0446
    Portfolio details

    6 tracked holdings. Recorded name sample: JFrog, Rapid, Snappy, Connecteam, DataRails, AppsFlyer.

    View full portfolio source JSON
    213Google for Startups03423
    Portfolio details

    23 tracked holdings. Recorded name sample: Leapsome, Entri, Noty.ai, Peopleforce, Voximplant, Precoro, Growbots, Folderly, Penti, SocialBee.

    View full portfolio source JSON
    214Neo03412
    Portfolio details

    12 tracked holdings. Recorded name sample: Bubble, Cassidy, OneUptime, GPTZero, Pika Art , Relay.app, Skiff, Spur, Mage, Warp.

    View full portfolio source JSON
    215Floodgate03411
    Portfolio details

    11 tracked holdings. Recorded name sample: Visily, Outreach, Mixmax, ZITADEL, Pantheon, Mighty, Nooks, Okta, BigCommerce, Lob.

    View full portfolio source JSON
    216Lerer Hippeau03410
    Portfolio details

    10 tracked holdings. Recorded name sample: Dropbox DocSend, Parsec, Splice, Runscope, Teal, Air, Drift, Loop Returns, Spatial, Ordway.

    View full portfolio source JSON
    217Fidelity0348
    Portfolio details

    8 tracked holdings. Recorded name sample: ThoughtSpot, Rackspace Email, MNTN, Matterport, Juro, Canva, Plaid, BILL.

    View full portfolio source JSON
    218Tencent0348
    Portfolio details

    8 tracked holdings. Recorded name sample: Udemy, Hailuo AI, Airwallex, Academia, 01.AI, Loom, Diffbot, Discord.

    View full portfolio source JSON
    219Fuel Ventures0347
    Portfolio details

    7 tracked holdings. Recorded name sample: Chaser, Lunio, ResponseiQ, ContentCal, Clarity Stack, Juno, Atria.

    View full portfolio source JSON
    220Figma Ventures0346
    Portfolio details

    6 tracked holdings. Recorded name sample: Supabase, LottieFiles, Jam, Graphite, Sprig, Black Forest Labs.

    View full portfolio source JSON
    221Norges Bank Investment Management0344
    Portfolio details

    4 tracked holdings. Recorded name sample: AppLovin, Rackspace Email, TeamViewer, Sinch Engage.

    View full portfolio source JSON
    222Speedinvest02415
    Portfolio details

    15 tracked holdings. Recorded name sample: Ledgy, Usersnap, June.so, Surfboard, flair.hr, Timeular, Flaneer, Actiondesk, TalkJS, Stotles.

    View full portfolio source JSON
    223Unusual Ventures02414
    Portfolio details

    14 tracked holdings. Recorded name sample: HumanSignal, Qdrant, Socket, Grain.co, fal, Goldcast, Alpha Vantage, Vizcom, Contra, DataStax.

    View full portfolio source JSON
    224DFJ Growth02411
    Portfolio details

    11 tracked holdings. Recorded name sample: Outreach, Hopin, Mapbox, Splice, Unity, Patreon, DataRobot, DataStax, Ring, Yellowbrick.

    View full portfolio source JSON
    225AirTree Ventures02410
    Portfolio details

    10 tracked holdings. Recorded name sample: Linktree, Buildkite, Elevio, Mayday, Narrato, SafetyCulture, Qwilr, Askable, Sauce AI, Canva.

    View full portfolio source JSON
    226Scott Belsky0249
    Portfolio details

    9 tracked holdings. Recorded name sample: Causal, Circle, June.so, Superpeer, Anon, Mage, Fig, Daily, Roboflow.

    View full portfolio source JSON
    227Sutter Hill Ventures0248
    Portfolio details

    8 tracked holdings. Recorded name sample: Snowflake, Augment Code, Observe, Inc., Yext, Smartsheet, Astronomer, DataRobot, Rainforest QA.

    View full portfolio source JSON
    228MMC Ventures0247
    Portfolio details

    7 tracked holdings. Recorded name sample: Synthesia, Crezco, Count, Snowplow, Red Sift, Ably, Signal AI.

    View full portfolio source JSON
    229Premji Invest0247
    Portfolio details

    7 tracked holdings. Recorded name sample: Outreach, LambdaTest, Mapbox, Galileo AI, Navan, DataStax, AI Writer.

    View full portfolio source JSON
    230ServiceNow Ventures0246
    Portfolio details

    6 tracked holdings. Recorded name sample: Deepgram, OneSignal, Langsmith by Langchain, Cortex, DataRobot, PlanetScale.

    View full portfolio source JSON
    231Brighton Park Capital0245
    Portfolio details

    5 tracked holdings. Recorded name sample: Storyblok, Coralogix, Glassbox, PortSwigger, RocketReach.

    View full portfolio source JSON
    232OpenOcean0245
    Portfolio details

    5 tracked holdings. Recorded name sample: Embeddable, Hygraph, Supermetrics, PassFort, Bitrise.

    View full portfolio source JSON
    233Triple Point0245
    Portfolio details

    5 tracked holdings. Recorded name sample: trumpet, Semble, Veremark, Learnerbly, Ably.

    View full portfolio source JSON
    234RTP Global01413
    Portfolio details

    13 tracked holdings. Recorded name sample: AppFollow, InVideo, Recraft, Tradeshift, Voximplant, Mava, Podcastle, Conduktor, Warmly, RingCentral.

    View full portfolio source JSON
    235Addition01412
    Portfolio details

    12 tracked holdings. Recorded name sample: Buf, Anyscale, WordPress, Airwallex, Fauna , Navan, Merge, Speckle, SuperOps, Alchemy.

    View full portfolio source JSON
    236DCM Ventures01411
    Portfolio details

    11 tracked holdings. Recorded name sample: Dropbox DocSend, Opus Clip, UJET, PicsArt, Clip Studio, Matterport, RealScout, OpenArt, Wrike, BentoML.

    View full portfolio source JSON
    237Alven01410
    Portfolio details

    10 tracked holdings. Recorded name sample: Stripe, Soundcharts, Swarmia, Gorgias, Sqreen, Attention, Cryptio, Sinch Mailjet, Mention, MadKudu.

    View full portfolio source JSON
    238Sierra Ventures01410
    Portfolio details

    10 tracked holdings. Recorded name sample: Polymer, 10Web.io, Podcastle, Capterra, Krisp, QuillBot, QuickBooks, Buffer, Astronomer, Appcues.

    View full portfolio source JSON
    239Bossa Invest0149
    Portfolio details

    9 tracked holdings. Recorded name sample: Salesloft, Circle, User Interviews, AbstractOps, Apollo GraphQL, Shadow, Buffer, Matter, Skore.

    View full portfolio source JSON
    240South Park Commons0149
    Portfolio details

    9 tracked holdings. Recorded name sample: Gamma, Clerk.com, Socket, Luma AI, Regie.ai, Galileo AI, Dashworks, AbstractOps, Profound.

    View full portfolio source JSON
    241Olivier Pomel0148
    Portfolio details

    8 tracked holdings. Recorded name sample: Maze, Fauna , Fig, Stream, Tana, Agemo AI , Braintrust, Infisical.

    View full portfolio source JSON
    242GTMfund0147
    Portfolio details

    7 tracked holdings. Recorded name sample: Opus Clip, Arrows, Nectar, Row Zero, Charma, Weaviate, Stotles.

    View full portfolio source JSON
    243645 Ventures0047
    Portfolio details

    7 tracked holdings. Recorded name sample: DeepSource, Sequence, Cube, Attention, Navattic, Genially, Iterable.

    View full portfolio source JSON
    244Social Capital3336
    Portfolio details

    6 tracked holdings. Recorded name sample: Intercom, EnjoyHQ, Meet for Slack , OneLogin, Apollo.io, Slack.

    View full portfolio source JSON
    245Firstminute Capital23310
    Portfolio details

    10 tracked holdings. Recorded name sample: Granola, Storyblok, Baserow, Unleash, Sequence, n8n, Robocorp, Futrli by Sage, Tana, Agemo AI .

    View full portfolio source JSON
    246Sound Ventures2338
    Portfolio details

    8 tracked holdings. Recorded name sample: Nanonets, Consensys, You, 1Password, Calm, GitLab, Scratchpad, Stability AI.

    View full portfolio source JSON
    247TPG2337
    Portfolio details

    7 tracked holdings. Recorded name sample: Anthropic/Claude, Kaseya, OpenAI/ChatGPT, Datto, Sauce Labs, McAfee, Kajabi.

    View full portfolio source JSON
    248Anthony Casalena2336
    Portfolio details

    6 tracked holdings. Recorded name sample: LottieLab, 1Password, Podcastle, Tailscale, Medusa, Vercel.

    View full portfolio source JSON
    249Lenny Rachitsky2336
    Portfolio details

    6 tracked holdings. Recorded name sample: Granola, Aviator, Gatheround, Delphi AI, Mage, Linear.

    View full portfolio source JSON
    250Harrison Metal2335
    Portfolio details

    5 tracked holdings. Recorded name sample: Mixmax, PagerDuty, Lightstep, CircleCI, TINYPulse.

    View full portfolio source JSON
    251Mike Krieger2335
    Portfolio details

    5 tracked holdings. Recorded name sample: incident.io, Codegen, mmhmm, Figma, ElevenLabs.

    View full portfolio source JSON
    252Owl Rock Capital2335
    Portfolio details

    5 tracked holdings. Recorded name sample: Salesloft, Klaviyo, CircleCI, Nylas, Kajabi.

    View full portfolio source JSON
    253Rembrandt Venture Partners2335
    Portfolio details

    5 tracked holdings. Recorded name sample: PandaDoc, Ortto, Brightback, Pipedrive, Hive.

    View full portfolio source JSON
    254NFDG2334
    Portfolio details

    4 tracked holdings. Recorded name sample: Granola, Creatify, Juicebox, ElevenLabs.

    View full portfolio source JSON
    255Stewart Butterfield2334
    Portfolio details

    4 tracked holdings. Recorded name sample: Dovetail, Humaans, 1Password, Linear.

    View full portfolio source JSON
    256NTT Docomo Ventures2333
    Portfolio details

    3 tracked holdings. Recorded name sample: JumpCloud, ElevenLabs, Auth0 by Okta.

    View full portfolio source JSON
    257Temasek22314
    Portfolio details

    14 tracked holdings. Recorded name sample: Stripe, Hopin, Consensys, V7, Black Forest Labs, Kaseya, Notionsocial, Datto, GitLab, Databricks.

    View full portfolio source JSON
    258468 Capital22311
    Portfolio details

    11 tracked holdings. Recorded name sample: Kombo, Cubic, Bubbles, Motion, PandaDoc, Scarf, Kadeck, Superchat, Linearity, OneTrust.

    View full portfolio source JSON
    259Baseline Ventures2239
    Portfolio details

    9 tracked holdings. Recorded name sample: PagerDuty, Sendwithus by Dyspatch, UserVoice, Homebase, CircleCI, TINYPulse, Pantheon, Weebly, Adara.

    View full portfolio source JSON
    260HubSpot2237
    Portfolio details

    7 tracked holdings. Recorded name sample: OneSignal, Crystal, PandaDoc, Kolleno, Artisan AI, hapily, ElevenLabs.

    View full portfolio source JSON
    261Ignition Partners2237
    Portfolio details

    7 tracked holdings. Recorded name sample: PagerDuty, Referly, Onehub, Moz, Earth Class Mail, DocuSign, Cloudera.

    View full portfolio source JSON
    262Valor Equity Partners2237
    Portfolio details

    7 tracked holdings. Recorded name sample: Motion, LookX AI, Bettermode, Cerebras, ElevenLabs, Crusoe, Hive.

    View full portfolio source JSON
    263Hyde Park Venture Partners2235
    Portfolio details

    5 tracked holdings. Recorded name sample: Fixer, G2, Notionsocial, VidGrid, Notion.

    View full portfolio source JSON
    264Peter Thiel2235
    Portfolio details

    5 tracked holdings. Recorded name sample: Stripe, AdRoll, Spaceship, OpenAI/ChatGPT, Asana.

    View full portfolio source JSON
    265Sam Altman2235
    Portfolio details

    5 tracked holdings. Recorded name sample: Motion, Marvin, Asana, Warp, Roboflow.

    View full portfolio source JSON
    266Vanguard Group2234
    Portfolio details

    4 tracked holdings. Recorded name sample: Zoom, Microsoft 365, Adobe Commerce, Atlassian.

    View full portfolio source JSON
    267Greycroft Partners13319
    Portfolio details

    19 tracked holdings. Recorded name sample: When I Work, Recurly, Cartesia, Pika Art , Together AI, Sybill, Embrace, Pensero, SEMRush, AllVoices.

    View full portfolio source JSON
    268Entrée Capital1338
    Portfolio details

    8 tracked holdings. Recorded name sample: Perimeter 81, Novu, Weavy, Blue Onion Labs, Hibob, Bria, Rivery, Guidde.

    View full portfolio source JSON
    269Capital One Ventures1337
    Portfolio details

    7 tracked holdings. Recorded name sample: Snowflake, Observe, Inc., ThoughtSpot, Hightouch, Databricks, Iterable, StrongDM.

    View full portfolio source JSON
    270HarbourVest Partners1337
    Portfolio details

    7 tracked holdings. Recorded name sample: Salesloft, Odoo, Outbrain, monday, TeamViewer, MadKudu, tyntec.

    View full portfolio source JSON
    271Highland Capital Partners1336
    Portfolio details

    6 tracked holdings. Recorded name sample: Malwarebytes, Reachdesk, MapQuest, WeTransfer, Oso, Bullhorn.

    View full portfolio source JSON
    272Maven Ventures1336
    Portfolio details

    6 tracked holdings. Recorded name sample: Zoom, Eden, Warmly, Fathom.video, Spinach.io, Fathom.

    View full portfolio source JSON
    273Sixth Street1336
    Portfolio details

    6 tracked holdings. Recorded name sample: Contentsquare, Guesty, Kaseya, Datto, Sprinklr, Heap.

    View full portfolio source JSON
    274Coelius Capital1335
    Portfolio details

    5 tracked holdings. Recorded name sample: Metaview, Fireflies, Moesif, Dropbox Sign, HelloFax.

    View full portfolio source JSON
    275Michael Stoppelman1335
    Portfolio details

    5 tracked holdings. Recorded name sample: Better Stack, Okay, Tango, Vercel, Daily.

    View full portfolio source JSON
    276Slack1335
    Portfolio details

    5 tracked holdings. Recorded name sample: Hopin, 1Password, Hightouch, Lattice, Crossbeam.

    View full portfolio source JSON
    277Ilkka Paananen1334
    Portfolio details

    4 tracked holdings. Recorded name sample: NordVPN, Surfshark, Linear, Supermetrics.

    View full portfolio source JSON
    278Jennison Associates LLC1333
    Portfolio details

    3 tracked holdings. Recorded name sample: Snowflake, AppLovin, Datadog.

    View full portfolio source JSON
    279Webb Investment Network1333
    Portfolio details

    3 tracked holdings. Recorded name sample: PagerDuty, AppLovin, Dropbox Sign.

    View full portfolio source JSON
    280Thoma Bravo12316
    Portfolio details

    16 tracked holdings. Recorded name sample: ConnectWise, Qlik, Pendo, Flexera, Apryse, UserZoom, Sophos, RealPage, Sinch Mailgun, Solarwinds.

    View full portfolio source JSON
    281Caffeinated Capital12312
    Portfolio details

    12 tracked holdings. Recorded name sample: Stately, Eraser, Clay, Pulley, Polytomic, Settle, Campsite, Ballpark, Threads, SimpleHash.

    View full portfolio source JSON
    282Slow Ventures12312
    Portfolio details

    12 tracked holdings. Recorded name sample: Quo, Clay, Elementl, Robocorp, Easol, Exposure, Dagster, Clay Labs, Evernote, Luna Park.

    View full portfolio source JSON
    283Qualcomm Ventures12310
    Portfolio details

    10 tracked holdings. Recorded name sample: LambdaTest, Plivo, Zoom, ScyllaDB, Matterport, WellSaid Labs, Guidde, Tabnine, Ring, PlanetScale.

    View full portfolio source JSON
    284CPP Investments1239
    Portfolio details

    9 tracked holdings. Recorded name sample: Epicor, LandingAI, Cohere, Clarifai, Qlik, Avetta, Tray.io, Unity, Databricks.

    View full portfolio source JSON
    285Goldman Sachs Asset Management1238
    Portfolio details

    8 tracked holdings. Recorded name sample: Stripe, Nextiva, Gelato, Pluralsight, Kahoot, Cloudbees, DataStax, Heap.

    View full portfolio source JSON
    286Tuesday Capital1238
    Portfolio details

    8 tracked holdings. Recorded name sample: Gumroad, MobileAction, Stamped, GitLab, Sapling.ai, Spinach.io, Vendict, Nylas.

    View full portfolio source JSON
    287e.ventures1237
    Portfolio details

    7 tracked holdings. Recorded name sample: Recurly, GRIN, Polygon.io, SEMRush, Futrli by Sage, Tabnine, Leapwork.

    View full portfolio source JSON
    288K9 Ventures1237
    Portfolio details

    7 tracked holdings. Recorded name sample: Lucidchart, Avoma, Boomerang, HiHello, Workona, Row Zero, Auth0 by Okta.

    View full portfolio source JSON
    289Skip Capital1237
    Portfolio details

    7 tracked holdings. Recorded name sample: Talkdesk, Airwallex, 1Password, Qwilr, Culture Amp, Askable, Canva.

    View full portfolio source JSON
    290Charlie Songhurst1236
    Portfolio details

    6 tracked holdings. Recorded name sample: Granola, Zelt, Fluidly, Cryptio, Cord, Privy.

    View full portfolio source JSON
    291Des Traynor1236
    Portfolio details

    6 tracked holdings. Recorded name sample: Granola, Kive, Stark, Magical, Weld, Daily.

    View full portfolio source JSON
    292NGP Capital1236
    Portfolio details

    6 tracked holdings. Recorded name sample: SecurityScorecard, Platform9, Scandit, GitLab, Intermedia, Coda.

    View full portfolio source JSON
    293Max Levchin1235
    Portfolio details

    5 tracked holdings. Recorded name sample: Gumroad, Clockwise, Unity, Mixpanel, SEED.

    View full portfolio source JSON
    294Chicago Ventures1234
    Portfolio details

    4 tracked holdings. Recorded name sample: G2, Copilot, Troops, Telnyx.

    View full portfolio source JSON
    295Fmr Llc1234
    Portfolio details

    4 tracked holdings. Recorded name sample: Wix, Five9, Microsoft 365, AppLovin.

    View full portfolio source JSON
    296NextEquity Partners1234
    Portfolio details

    4 tracked holdings. Recorded name sample: Coralogix, Clarifai, Higgsfield, CircleCI.

    View full portfolio source JSON
    297Sahil Lavingia1234
    Portfolio details

    4 tracked holdings. Recorded name sample: Grain.co, Circle, Acquire.com, Vercel.

    View full portfolio source JSON
    298Evantic1233
    Portfolio details

    3 tracked holdings. Recorded name sample: Lovable, n8n, Fireworks AI.

    View full portfolio source JSON
    299Fellows Fund1233
    Portfolio details

    3 tracked holdings. Recorded name sample: Opus Clip, Motion, Higgsfield.

    View full portfolio source JSON
    300Jude Gomila1233
    Portfolio details

    3 tracked holdings. Recorded name sample: Paragon, Linear, AmpleMarket.

    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.

    Related rankings

    Cledara for your company

    Bring your software spending into view

    See how Cledara helps your company manage software purchasing, spend and renewals. Book a demo with the Cledara team.

    Book a demo

    Cledara research updates

    See where software spending is heading.

    Get the latest SaaS and AI benchmarks, market shifts and new research from Cledara.