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 801–900 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 |
|---|---|---|---|---|---|---|
| 801 | ARK Investment Management | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Zoom. View full portfolio source JSON |
| 802 | Arrowstreet Capital | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Asana. View full portfolio source JSON |
| 803 | Asenza Capital | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: PandaDoc. View full portfolio source JSON |
| 804 | AT&T | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Databricks. View full portfolio source JSON |
| 805 | Auren Hoffman | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: G2. View full portfolio source JSON |
| 806 | Austin Investment Management | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Bullhorn. View full portfolio source JSON |
| 807 | Aydin Senkut | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Notion. View full portfolio source JSON |
| 808 | BBVA Ventures | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: DocuSign. View full portfolio source JSON |
| 809 | Benjamin De Cock | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Vercel. View full portfolio source JSON |
| 810 | Bill Boebel | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: WP Engine. View full portfolio source JSON |
| 811 | Bill Gates | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Microsoft 365. View full portfolio source JSON |
| 812 | Bill Tai | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Zoom. View full portfolio source JSON |
| 813 | Bradford L. Smith | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Microsoft 365. View full portfolio source JSON |
| 814 | Branden Nichols | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: PostHog. View full portfolio source JSON |
| 815 | Brendan Eich | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Vercel. View full portfolio source JSON |
| 816 | Brendan Iribe | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: ElevenLabs. View full portfolio source JSON |
| 817 | Brock Purdy | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: ClickHouse. View full portfolio source JSON |
| 818 | Broocknell Ventures | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: PandaDoc. View full portfolio source JSON |
| 819 | Brookside Capital | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: DocuSign. View full portfolio source JSON |
| 820 | Brown Advisory Inc. | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Datadog. View full portfolio source JSON |
| 821 | bubba.vc | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: CircleCI. View full portfolio source JSON |
| 822 | Capital Group | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: GitLab. View full portfolio source JSON |
| 823 | Capital International Investors | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Salesforce. View full portfolio source JSON |
| 824 | Chris Evans | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: 1Password. View full portfolio source JSON |
| 825 | Christian McCaffrey | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: ClickHouse. View full portfolio source JSON |
| 826 | Citibank | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Autodesk. View full portfolio source JSON |
| 827 | Comerica | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: JumpCloud. View full portfolio source JSON |
| 828 | Concept Ventures | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: ElevenLabs. View full portfolio source JSON |
| 829 | Conector Startup Accelerator | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Mixpanel. View full portfolio source JSON |
| 830 | CoreNest | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: OpenAI/ChatGPT. View full portfolio source JSON |
| 831 | CrowdStrike Falcon Fund | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: JumpCloud. View full portfolio source JSON |
| 832 | CrowdStrike Ventures | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Vanta. View full portfolio source JSON |
| 833 | Cyrus Mistry | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Motion. View full portfolio source JSON |
| 834 | D. E. Shaw Ventures | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: ClickHouse. View full portfolio source JSON |
| 835 | D.E. Shaw & Co. | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Asana. View full portfolio source JSON |
| 836 | Dan Scheinman | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Zoom. View full portfolio source JSON |
| 837 | Danish Business Angels | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Trustpilot. View full portfolio source JSON |
| 838 | David Cancel | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Klaviyo. View full portfolio source JSON |
| 839 | David Sacks | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Intercom. View full portfolio source JSON |
| 840 | David Sipes | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: PandaDoc. View full portfolio source JSON |
| 841 | DFJ Dragon Fund | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Splashtop. View full portfolio source JSON |
| 842 | DFJ Esprit | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Trustpilot. View full portfolio source JSON |
| 843 | Dima Shvets | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: ElevenLabs. View full portfolio source JSON |
| 844 | Discovery Capital | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Databricks. View full portfolio source JSON |
| 845 | Divesh Makan | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Asana. View full portfolio source JSON |
| 846 | Draper Dragon | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Splashtop. View full portfolio source JSON |
| 847 | Dustin Moskovitz | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Asana. View full portfolio source JSON |
| 848 | EBRD | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: PandaDoc. View full portfolio source JSON |
| 849 | Eleven Prime | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: CircleCI. View full portfolio source JSON |
| 850 | Elias Torres | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Klaviyo. View full portfolio source JSON |
| 851 | Embark Studios | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: ElevenLabs. View full portfolio source JSON |
| 852 | EMK Capital | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Bright Data. View full portfolio source JSON |
| 853 | Empede Capital Partners | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: CircleCI. View full portfolio source JSON |
| 854 | Endowment Wealth Management | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: PandaDoc. View full portfolio source JSON |
| 855 | Eoghan McCabe | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Recall.ai. View full portfolio source JSON |
| 856 | Eugene Zhang | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Zoom. View full portfolio source JSON |
| 857 | Expanding Capital | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: ClickHouse. View full portfolio source JSON |
| 858 | Farallon Capital Management | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Hibob. View full portfolio source JSON |
| 859 | FF Angel | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: SendGrid. View full portfolio source JSON |
| 860 | Financial Conduct Authority | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Beauhurst. View full portfolio source JSON |
| 861 | Flume Ventures | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: 1Password. View full portfolio source JSON |
| 862 | Founders Inc | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Scenario. View full portfolio source JSON |
| 863 | Frazier Technology Ventures | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: DocuSign. View full portfolio source JSON |
| 864 | Gaia Capital Partners | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Aircall. View full portfolio source JSON |
| 865 | Ganesh Srinivasan | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Linear. View full portfolio source JSON |
| 866 | Gaocheng Capital | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: GitLab. View full portfolio source JSON |
| 867 | Genesis Partners | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: monday. View full portfolio source JSON |
| 868 | Geoff Ralston | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Sinch Mailgun. View full portfolio source JSON |
| 869 | Gerhard Eschelbeck | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: 1Password. View full portfolio source JSON |
| 870 | Ghisallo Capital Management | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Databricks. View full portfolio source JSON |
| 871 | Grays Peak Capital | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Hibob. View full portfolio source JSON |
| 872 | Groupama Asset Managment | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Datadog. View full portfolio source JSON |
| 873 | Growth Equity at Goldman Sachs Alternatives | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Vanta. View full portfolio source JSON |
| 874 | Gustaf Alströmer | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Linear. View full portfolio source JSON |
| 875 | Halo Fund | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: 1Password. View full portfolio source JSON |
| 876 | Halsey Minor | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Salesforce. View full portfolio source JSON |
| 877 | Harpoon | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: n8n. View full portfolio source JSON |
| 878 | Henry Ellenbogen | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Figma. View full portfolio source JSON |
| 879 | Initialized | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Heap. View full portfolio source JSON |
| 880 | ION | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: monday. View full portfolio source JSON |
| 881 | IT-Farm Corporation | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Zoom. View full portfolio source JSON |
| 882 | Jeremy Benken | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: WP Engine. View full portfolio source JSON |
| 883 | Jessica Livingston | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: OpenAI/ChatGPT. View full portfolio source JSON |
| 884 | Jessie Frazelle | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Vercel. View full portfolio source JSON |
| 885 | Joel Yarmon | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Webflow. View full portfolio source JSON |
| 886 | Jon Winkelried | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Segment. View full portfolio source JSON |
| 887 | Jordan Walker | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Vercel. View full portfolio source JSON |
| 888 | Josh Miller | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Linear. View full portfolio source JSON |
| 889 | Julia DeWahl | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Linear. View full portfolio source JSON |
| 890 | Justin Rosenstein | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Asana. View full portfolio source JSON |
| 891 | Justin Timberlake | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: 1Password. View full portfolio source JSON |
| 892 | Keith Block | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Klaviyo. View full portfolio source JSON |
| 893 | Kelly Steckelberg | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Zoom. View full portfolio source JSON |
| 894 | Kleiner Perkins Caufield & Byers | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: DocuSign. View full portfolio source JSON |
| 895 | Kyle Juszczyk | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: ClickHouse. View full portfolio source JSON |
| 896 | Latacora | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Vercel. View full portfolio source JSON |
| 897 | Laura Modiano | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Granola. View full portfolio source JSON |
| 898 | Lauren & Vlad Loktev | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Linear. View full portfolio source JSON |
| 899 | Lenovo | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: GitLab. View full portfolio source JSON |
| 900 | Leonis Capital | 1 | 1 | 1 | 1 | Portfolio details1 tracked holdings. Recorded name sample: Motion. 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.