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    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

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    Showing 301–400 of 8,425 across all recorded investors. Order: Top 100 spend, ascending.

    Recorded holdings by software-spend tier; lower product spend rank means higher recorded spending
    PositionInvestorTop 100 spendTop 500 spendTop 1,000 spendTracked holdingsPortfolio source
    301University Ventures0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Credly by Pearson.

    View full portfolio source JSON
    302University Venture Fund0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Transpond.

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    303University of Toronto Entrepreneurship0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Remini.

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    304University Growth Fund0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Consensus.

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    305Universal Music Group0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Soundful.

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    306United Ventures0001
    Portfolio details

    1 tracked holdings. Recorded name sample: OnlineSim.

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    307United Nations Capital Development Fund0001
    Portfolio details

    1 tracked holdings. Recorded name sample: GOGET.

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    308United First Partners0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Crezco.

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    309Unitatea0001
    Portfolio details

    1 tracked holdings. Recorded name sample: MasLeads.

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    310UniSender0001
    Portfolio details

    1 tracked holdings. Recorded name sample: HelpCrunch.

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    311UNIQA Ventures0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Omni.us.

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    312UniPresident0001
    Portfolio details

    1 tracked holdings. Recorded name sample: ELSA Speak.

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    313Union Investment0001
    Portfolio details

    1 tracked holdings. Recorded name sample: XING.

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    314Unilever Ventures0001
    Portfolio details

    1 tracked holdings. Recorded name sample: WeGift.

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    315Unigestion0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Infobip.

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    316Unicorn Factory Ventures0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Chainstack.

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    317Unicorn Factory Lisboa0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Jscrambler.

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    318Undefined Capital0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Cookie3.

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    319Uncorrelated0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Moonshot AI.

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    320Uncork0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Overflow.

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    321Uncommon Denominator0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Allstacks.

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    322Uncharted Ventures (San Francisco)0001
    Portfolio details

    1 tracked holdings. Recorded name sample: BioRender.

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    323Uncharted (Formerly Unreasonable Inst.)0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Narify.

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    324Unbound0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Omni.us.

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    325Unbabel0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Bablic.

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    326Ulu Ventures0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Fauna .

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    327Ullas Naik0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Referly.

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    328UL Invest0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Combo.

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    329Ukrainian Startup Fund0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Banani.

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    330UK Space Agency0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Linktree.

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    331UK Bond Network0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Wakelet.

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    332UiPath0001
    Portfolio details

    1 tracked holdings. Recorded name sample: DocHub.

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    333UI Investissement0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Cintoo.

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    334UFP Fintech0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Mintago.

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    335UFI Ventures0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Learnerbly.

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    336UF Innovate Accelerate0001
    Portfolio details

    1 tracked holdings. Recorded name sample: SharpSpring.

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    337UCLA Ventures0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Airbrake.

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    338UCB0001
    Portfolio details

    1 tracked holdings. Recorded name sample: thymia.

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    339UBS Group AG0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Nebius.

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    340UBS AM0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Five9.

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    341Ubiquity Ventures0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Esper.

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    342Tyler Gaffney0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Waldo.

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    343Ty Smith0001
    Portfolio details

    1 tracked holdings. Recorded name sample: mobile.dev.

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    344TX Ventures0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Lano.

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    345Two Small Fish Ventures0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Ideogram.

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    346Two Sigma0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Atlassian.

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    347Two Magnolias0001
    Portfolio details

    1 tracked holdings. Recorded name sample: FuturePlus.

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    348Two Culture Capital0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Clockwise.

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    349Twilio Ventures0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Treble.ai.

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    350Twilio Fund Europe 20130001
    Portfolio details

    1 tracked holdings. Recorded name sample: OnePageCRM.

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    351Twenty-Two Ventures0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Great Question.

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    352Twenty Two VC0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Ditto.

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    353Tweepsmap0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Followerwonk.

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    354Tweener Fund0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Allstacks.

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    355TVC Capital0001
    Portfolio details

    1 tracked holdings. Recorded name sample: BitTitan.

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    356Turquoise International0001
    Portfolio details

    1 tracked holdings. Recorded name sample: GridDuck.

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    357Turenne Groupe0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Cintoo.

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    358Turenne Group0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Intego.

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    359Tuomas Artman0001
    Portfolio details

    1 tracked holdings. Recorded name sample: mobile.dev.

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    360Tulip0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Timekit.

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    361TT Ventures PILOT0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Sanction Scanner.

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    362Trust Fund0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Browse AI.

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    363Truora0001
    Portfolio details

    1 tracked holdings. Recorded name sample: ZapSign.

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    364TrueBridge Capital Partners0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Insightly.

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    365True Capital Ventures0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Stack AI.

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    366True Bridge Capital Partners0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Notarize.

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    367True0001
    Portfolio details

    1 tracked holdings. Recorded name sample: PinpointHQ.

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    368Troy Osinoff0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Lavender.

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    369Troy Hunt0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Report URI.

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    370Trousdale Capital0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Clarifai.

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    371Troika Ventures0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Evernote.

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    372Troika Dialog0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Evernote.

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    373Trog Hawley Capital0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Spiffy.

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    374TRIVE0001
    Portfolio details

    1 tracked holdings. Recorded name sample: UXArmy.

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    375Triplepoint Venture Growth0001
    Portfolio details

    1 tracked holdings. Recorded name sample: CrowdStrike.

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    376Triple Private Equity0001
    Portfolio details

    1 tracked holdings. Recorded name sample: SmartSearch.

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    377Triple Impact Capital0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Metriport.

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    378Triple Gem Capital0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Orangedox.

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    379Trinity Capital (Phoenix)0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Spiffy.

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    380Tricap Investments0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Clicky.

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    381Tribe Capital Partners0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Bettermode.

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    382Tribe Accelerator0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Web3Auth.

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    383Tribal VC0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Glofox.

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    384Tri Dao0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Prime Intellect.

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    385Trent Herren0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Nim.

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    386Traya0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Quickads.

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    387Travis0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Are.na.

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    388TransLink Capital0001
    Portfolio details

    1 tracked holdings. Recorded name sample: UbiAI.

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    389Transition Level Investments0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Wonde.

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    390Transform Ventures0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Elfsight.

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    391Transform VC0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Valley.

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    392Transcend Network0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Codédex.

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    393Trado Capital0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Exolyt.

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    394Trade Me0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Raygun.

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    395Tracy Lee0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Userlist.

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    396TRAC.vc0001
    Portfolio details

    1 tracked holdings. Recorded name sample: The Swarm.

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    397TRAC Unicorn Fund0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Enable Us.

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    398TQ Ventures0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Linq.

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    399TPC Management (Denmark)0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Umbraco.

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    400Toyota Ventures0001
    Portfolio details

    1 tracked holdings. Recorded name sample: Common Sense Machines.

    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.

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