VC-backed companies
What VC-backed companies are worth: combined enterprise value over time — split by ownership, country or founding cohort — the largest rounds of the year by sector, and category leaders for thirteen segments per geography.
What the capital built
Combined enterprise value of every VC-backed company founded since 1990 and still operating — the stock that the funding flows above accumulate into. Companies keep counting after they list, so the total holds ARM, Spotify and Adyen alongside Revolut and Mistral.
Combined enterprise value
Enterprise value as it stood at the end of each year; the current year is to date.
Where the value sits, by company size
The same combined enterprise value as a Marimekko, as it stands today. Each column is a valuation bracket — pre-unicorn (under $1B), unicorn ($1–10B), decacorn ($10–100B), centicorn ($100B–1T) and gigacorn ($1T+) — its width set by the enterprise value of the companies in it, and its height split by where those companies are based. The company count under each column is the other half of the story: the widest columns are also the emptiest. Group the heights by country or by continent.
Combined enterprise value by valuation bracket
Valuation as it stands today, not at a past year-end. Companies without a valuation are excluded, so this total is the valued part of the population above.
Every $100M+ round in the world in 2026
Sector-grouped treemap. Each cell is one round, sized by amount raised. Companies sit inside their Dealroom sector — hover any tile for the deal size.
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Show top 25 rounds as a table
| # | Company | Sector | Country | Round | Month | Investors | Amount |
|---|
Thirteen segments, each showing the world's top five by total VC raised, enterprise value or revenue. Pick a geography: the grid keeps the segments where it has a company in the global top five, and highlights those companies.
Methodology. All figures are live from the Dealroom database; companies count toward the geography of their headquarters. Enterprise value is each company's latest Dealroom valuation — market capitalisation for listed ones — summed over VC-backed companies founded since 1990 and still operating. Category leaders counts startups only, with at least $50M of VC raised required for the enterprise-value and revenue rankings; there, a geography's companies are those founded in it or headquartered in it.