Heading

Company ($mm's)Ticker2025 Revenue2024 Revenue2023 Revenue2022 Revenue2025 Op Loss2024 Op Loss2023 Op Loss2022 Op Loss2025 $ Growth2024 $ Growth2023 $ Growth2025 Growth Rate2024 Growth Rate2023 Growth Rate2025 Cash Efficiency2024 Cash Efficiency2023 Cash Efficiency
Mongo DBMDB$2,464$2,006$1,683$1,284-$136-$215-$233-$346$458$323$39923%19%31%$3.37$1.50$1.71
DropboxDBX$2,521$2,548$2,501$2,324$687$486$383$356-$27$47$177-1%2%8%no growthprofitableprofitable
ZuoraZUO---$431$431$396----$63-$63-$110---$0$35---0%9%---$0.00$0.56
DocusignDOCU$3,220$2,977$2,761$2,515$299$230$63-$59$243$216$2468%8%10%profitableprofitableprofitable
SmartSheetSMAR------$958$766-------$119-$218------$192------25%------$1.61
ZscalerZS$2,673$2,167$1,616$1,090-$129-$121-$225-$327$506$551$52623%34%48%$3.92$4.55$2.34
MomentivMNTV---------------------------------------------------
PagerDutyPD$493$467$430$370$6-$59-$94-$128$26$37$606%9%16%profitable$0.62$0.64
Zoom VideoZM$4,869$4,665$4,527$4,392$1,124$813$527$246$204$138$1354%3%3%profitableprofitableprofitable
FastlyFSLY$624$544$505$432-$119-$154-$193-$244$80$39$7315%8%17%$0.68$0.25$0.38
CrowdstrikeCRWD$4,812$3,953$3,055$2,241-$293-$119$0-$189$859$898$81422%29%36%$2.93$7.52profitable
DynaTraceDT$2,018$1,430$1,430$1,158$264$152$152$120$588$0$27241%0%23%profitableprofitableprofitable
Health CatalystHCAT$311$307$295$276-$2-$28-$84-$90$5$12$191%4%7%$2.25$0.41$0.23
Ping IdentityPING---------------------------------------------------
DataDogDDOG$3,427$2,684$2,128$1,675-$45$54-$32-$57$743$556$45328%26%27%$16.51profitable$14.16
CloudflareNET$2,168$1,670$1,296$975-$208-$155-$185-$199$498$374$32130%29%33%$2.40$2.42$1.74
Sprout SocialSPT$458$406$333$253-$44-$60-$69-$50$52$73$8013%22%32%$1.18$1.21$1.16
Bill.comBILL$1,463$1,290$1,058$641$25-$35-$245-$271$173$232$41713%22%65%profitable$6.63$1.70
ZoominfoZI$1,250$1,214$1,240$1,098$246$157$331$250$36-$25$1423%-2%13%profitableno growthprofitable
SnowflakeSNOW$4,684$3,626$2,806$2,066-$1,436-$1,455-$1,095-$842$1,058$820$74129%29%36%$0.74$0.56$0.68
Unity SoftwareU$1,850$1,813$2,187$1,391-$480-$755-$833-$882$37-$374$7962%-17%57%$0.08no growth$0.96
Sumo LogicSUMO---------$300----------$125---------------------------
JfrogFROG$532$428$350$280-$92-$91-$76-$90$104$79$7024%22%25%$1.13$0.86$0.92
PalantirPLTR$4,475$2,866$2,225$1,906$1,413$311$120-$161$1,610$640$31956%29%17%profitableprofitableprofitable
AsanaASAN$791$723$653$547-$198-$266-$270-$408$68$70$1059%11%19%$0.34$0.27$0.39
DattoMSP---------------------------------------------------
PubMaticPUBM$283$291$267$256-$17$5$2$41-$8$24$11-3%9%4%no growthprofitableprofitable
C3.aiAI$389$310$267$253-$324-$318-$290-$196$79$43$1425%16%6%$0.24$0.14$0.05
CertaraCERT$419$385$354$336$78$52$52$76$34$31$199%9%6%profitableprofitableprofitable
QualtricsXM---------$1,458----------$1,048---------------------------
ON24ONTF$139$148$164$191-$36-$50-$62-$60-$9-$16-$27-6%-10%-14%no growthno growthno growth
ViantDSP$344$289$223$197$11$5-$18-$49$55$66$2619%30%13%profitableprofitable$1.41
OloOLO---$285$228$185----$17-$68-$52---$57$43---25%23%---$3.41$0.63
DigitalOceanDOCN$901$780$693$576$156$93$33-$26$121$87$11716%13%20%profitableprofitableprofitable
SEMrushSEMR$444$377$308$254-$22$8-$6-$25$67$69$5318%22%21%$3.05profitable$8.41
UiPathPATH$1,611$1,429$1,308$1,059$58-$161-$165-$348$182$121$24913%9%24%profitable$0.75$1.51
AlkamiALKT$444$334$265$204-$42-$43-$62-$69$110$69$6133%26%30%$2.62$1.61$0.98
DoubleVerifyDV$748$656$573$452$135$128$127$93$92$83$12014%15%27%profitableprofitableprofitable
SquareSpaceSQSP------$1,012$867------$84$13------$145------17%------profitable
ZipRecruiterZIP$449$474$646$905-$20$1$79$97-$25-$172-$259-5%-27%-29%no growthno growthno growth
ProcorePCOR$1,323$1,152$950$720-$124-$136-$216-$290$171$202$23015%21%32%$1.38$1.48$1.06
SprinklrCXM$857$796$732$618$57$25$34-$52$61$64$1148%9%18%profitableprofitableprofitable
Zeta GlobalZETA$1,305$1,006$729$591$101-$3-$112-$206$299$277$13830%38%23%profitable$81.38$1.23
DoximityDOCS$645$475$475$419$215$171$171$125$170$0$5636%0%13%profitableprofitableprofitable
ConfluentCFLT$1,167$963$777$586-$381-$418-$445-$462$204$186$19121%24%33%$0.54$0.44$0.43
SentinelOneS$1,001$821$621$422-$309-$329-$371-$403$180$200$19922%32%47%$0.58$0.61$0.54
EverCommerceEVCM$589$698$675$621$126$129$112$81-$109$23$54-16%3%9%no growthprofitableprofitable
CouchbaseBASE---$209$180$155----$79-$80-$67---$29$25---16%16%---$0.37$0.31
KalturaKLTR$181$179$175$169-$4-$24-$38-$54$2$4$61%2%4%$0.58$0.15$0.16
Blend LabsBLND$124$162$157$235-$20-$41-$132-$273-$38$5-$78-23%3%-33%no growth$0.12no growth
MeridianLinkMLNK---$316$304$288---$9$19$32---$12$16---4%6%---profitableprofitable
Powerschool HoldingsPWSC------$698$631------$24$6------$67------11%------profitable
Fresh WorksFRSH$839$720$596$498$14-$129-$171-$234$119$124$9816%21%20%profitable$0.97$0.57
Definitive HealthcareDH$242$252$251$223$15$41$20$20-$10$1$28-4%0%13%no growthprofitableprofitable
ForgeRockFORG---------$217----------$58---------------------------
AmplitudeAMPL$343$299$276$238-$96-$107-$95-$97$44$23$3815%8%16%$0.46$0.22$0.40
GitlabGTLB$955$759$580$424-$72-$142-$187-$533$196$179$15626%31%37%$2.72$1.26$0.83
EnfusionENFN---$201$175$150---$5$12-$12---$26$25---15%17%---profitableprofitable
avidxchangeAVDX---$439$381$316---$34-$18-$55---$58$65---15%21%---profitable$3.61
InformaticaINFA---$1,640$1,595$1,505---$262$231$178---$45$90---3%6%---profitableprofitable
BackBlazeBLZE$146$128$102$85-$23-$46-$58-$47$18$26$1714%25%20%$0.80$0.56$0.29
ExpensifyEXFY$142$139$151$169-$19-$1-$32-$16$3-$12-$182%-8%-11%$0.15no growthno growth
WeaveWEAV$239$204$170$142-$32-$31-$35-$49$35$34$2817%20%20%$1.08$1.10$0.80
BrazeBRZE$738$593$471$355-$145-$122-$143-$146$145$122$11624%26%33%$1.00$1.00$0.81
UserTestingUSER---------------------------------------------------
HashicorpHCP------$583$476-------$255-$297------$107------22%------$0.42
SamsaraIOT$1,619$1,249$937$653-$53-$183-$251-$258$370$312$28430%33%43%$6.98$1.70$1.13
KlaviyoKVYO$1,234$937$698$473-$68-$84-$330-$55$297$239$22532%34%48%$4.36$2.85$0.68
RubrikRBRK$1,316$886$627$599-$346-$1,133-$305-$261$430$259$2849%41%5%$1.24$0.23$0.09
WaystarWAY$1,099$944$791---$389$311$321---$156$153---16%19%---profitableprofitable---
OnestreamOS$602$489$375----$95-$319-$31---$113$114---23%30%---$1.19$0.36---
ServiceTitanTTAN$961$772$614----$170-$229-$184---$189$158---24%26%---$1.11$0.69---
SailpointSAIL$1,071$621$496----$309-$158-$266---$450$125---72%25%---$1.46$0.79---
FigmaFIG$1,056$749$504----$1,292-$876-$72---$307$245---41%49%---$0.24$0.28---
NetskopeNTSK$709$538$406----$653-$254-$312---$171$132---32%33%---$0.26$0.52---
MEDIAN$857$677$590$473-$32-$44-$66-$67$119$70$9416%16%19%$1.13$0.72$0.81
AVERAGE$1,259$989$853$732-$43-$86-$84-$136$210$133$14918%16%19%$2.05$3.42$1.46
Profitable
MEDIAN$1,000$698$698$631$131$93$84$93$120$47$10213%9%12%---------
AVERAGE$1,495$1,191$1,139$1,032$271$151$138$116$201$93$9514%9%11%---------
Not Profitable
MEDIAN$738$621$500$428-$96-$122-$138-$137$113$121$8022%22%23%---------
AVERAGE$1,132$876$675$641-$212-$220-$188-$212$215$156$16019%20%23%---------
Companies57636765