How 64 companies grew, with the latest revenue and valuation for each. Every row links to a full case study: the timeline, the growth moves that worked, and what a small team can take from it.
Last updated November 6, 2026. Figures come from each company, its filings or the press, and the date shows when each was reported. ARR and run-rate figures annualize recent revenue, so they aren't the same as audited annual revenue. Each story lists its sources. A dash means there's no reliable public figure.
Fastest to $100M ARR
- Emergent reported a $100M revenue run rate 8 months after launch.
- Lovable launched in November 2024 and reported $100M ARR by July 2025.
- Mercor went from about $1M to $500M in annualized revenue in 17 months.
- Sierra reached $100M ARR seven quarters after launch, and $200M two quarters later.
- Vanta went from $10M to $100M ARR in 2 years.
- Clay took about six years to reach $1M ARR, then about two more to pass $100M.
AI companies
| Company | Latest revenue or ARR | Latest valuation |
|---|---|---|
| Anthropic | $16.8B revenue in Q3 2026 (reported) | $965B (May 2026) |
| Baseten | Revenue up 20x year over year (Jun 2026) | $11B to $13B (Jun 2026) |
| Cerebras | $510M revenue (2025) | About $26B market cap (Oct 2026) |
| Composio | $1M+ ARR (Jan 2026) | Not disclosed |
| Crusoe | On track for about $2B revenue in 2026 (reported) | $30.9B (Sep 2026) |
| Cursor | $4B+ annualized revenue (Jun 2026) | Bought by SpaceX for $60B (Aug 2026) |
| Databricks | $7B+ revenue run rate (Aug 2026) | $190B (Aug 2026) |
| Decagon | $100M+ annualized revenue (Aug 2026) | $4.5B (Jan 2026) |
| ElevenLabs | About $600M ARR (2026) | $22B tender (Sep 2026) |
| Emergent | $120M revenue run rate (Jul 2026) | $1.5B (Jul 2026) |
| Gamma | $100M+ ARR (Nov 2025) | $2.1B (Nov 2025) |
| Glean | $300M ARR (May 2026) | $7.2B (Jun 2025) |
| Granola | Not disclosed | $1.5B (Mar 2026) |
| Gumloop | "Several million a year" (Jun 2025, PitchBook) | About $300M (Forbes) |
| Harvey | $400M+ ARR (Oct 2026) | $15.5B (Sep 2026) |
| HeyGen | $200M+ ARR (Jun 2026) | – |
| Higgsfield | $1B+ revenue run rate (Sep 2026) | $5.4B (Aug 2026) |
| Lovable | $600M+ revenue run rate (Sep 2026) | $13.3B (Aug 2026) |
| Mercor | $2B+ gross annualized revenue (Jun 2026) | $10B (Oct 2025) |
| Midjourney | About $300M revenue (2024, reported) | No outside funding |
| n8n | $100M+ ARR (2026, reported) | $5.2B (May 2026) |
| OpenAI | About $50B annualized revenue (Sep 2026) | $852B (Mar 2026) |
| Perplexity | $750M+ revenue run rate (Aug 2026, reported) | About $20B (Sep 2025) |
| Replit | Targeting a $1B run rate by end of 2026 | $9B (Mar 2026) |
| Scale AI | Just under $1B revenue (2025) | $29B (Jun 2025) |
| Sierra | $200M ARR (May 2026) | $15.8B |
| Wispr Flow | – | $2B (Aug 2026) |
| xAI | $2.56B revenue for SpaceX's AI unit (Q2 2026) | $250B when SpaceX bought it (Feb 2026) |
Software, fintech and other companies
| Company | Latest revenue or ARR | Latest valuation |
|---|---|---|
| Ahrefs | About $150M ARR (Aug 2026) | No outside funding |
| Airtable | About $480M ARR (Jun 2026) | Sold to Bending Spoons, ~$2.25B equity value (Sep 2026) |
| Amplitude | $410M ARR (Jun 2026) | About $1.66B market value (Sep 2026) |
| Anduril | $2.2B revenue (2025) | $61B (May 2026) |
| beehiiv | $35M+ ARR, plus ~$15M from ads (Oct 2026) | – |
| Brex | $700M gross annualized revenue (Sep 2025) | Sold to Capital One for $5.15B (Jan 2026) |
| Calendly | About $349M revenue (2024, Sacra estimate) | $3B (Jan 2021) |
| Canva | $4B ARR; $3.5B revenue (2025) | $42B (2025), marked to ~$34.9B by backers (Aug 2026) |
| Clay | $100M+ ARR (Dec 2025) | $7.1B (Sep 2026) |
| Cloudflare | $2.17B revenue (2025) | Public (NYSE: NET) |
| Corgi | $40M+ annualized revenue (Jan 2026) | $2.6B (May 2026) |
| Deel | $1.5B+ ARR (2026) | $17.3B (2025) |
| Discord | $600M+ annualized revenue (2024, reported) | $15B last round; ~$9.9B on secondary markets |
| Duolingo | $1B+ revenue (2025); 58.7M daily users (Q2 2026) | Public |
| Figma | $1.056B revenue (2025) | Public |
| HubSpot | $3.13B revenue (2025) | Public |
| Kalshi | $4B+ revenue run rate (2026, reported) | About $40B (reported, Oct 2026) |
| Linear | $100M+ ARR (2026) | $2.5B (employee tender) |
| Mailchimp | About $800M revenue (2020) | Sold to Intuit for about $12B |
| Miro | About $600M ARR (Sep 2026) | Agreed sale to Bending Spoons (Sep 2026) |
| Mixpanel | Near $100M revenue (2018, company); ~$210M ARR (2025 estimate) | $1.05B (Nov 2021) |
| Notion | $600M+ ARR (Dec 2025) | $11B (Jan 2026) |
| Polymarket | Annualized revenue "well above $1B" (Jun 2026) | $21B (reported, Aug 2026) |
| PostHog | On pace for $100M ARR in 2026 (per Stripe) | $1.4B (2025) |
| Ramp | $2B+ annualized revenue (Oct 2026) | $60B (Oct 2026) |
| Rippling | $1B+ ARR (Apr 2026) | $16.8B |
| Shopify | $11.6B revenue (2025) | Public |
| Slack | $400.6M revenue (fiscal 2019) | Sold to Salesforce for about $27.7B |
| SpaceX | $15.5B from launch and Starlink (2025) | About $2T market cap (Oct 2026) |
| Stripe | About $6.8B revenue (2025, reported) | $159B (Feb 2026) |
| Supabase | Not disclosed; 13M+ developers (Oct 2026) | $10.65B (reported, Oct 2026) |
| Tally | $6M+ ARR (Sep 2026) | No outside funding |
| Vanta | $300M+ ARR (Apr 2026) | $4.15B (Jul 2025) |
| Vercel | About $600M revenue run rate (Oct 2026, reported) | $9.3B (Sep 2025) |
| Whoop | $1.1B bookings run rate (end of 2025) | $10.1B (Mar 2026) |
| Zapier | "Several hundred million" ARR (Apr 2026) | $5B (2021 share sale) |
Launch and distribution guides
Articles in this guide
Polymarket Valuation and Revenue: How It Grew to $21B
Polymarket's reported valuation hit $21B in 2026 and annualized revenue tops $1B. See its funding rounds, ICE deal, CFTC history and user growth.
Kalshi Valuation and Revenue: How It Grew to a Reported $40B
Kalshi is finalizing a round at a reported $40B valuation, up from $22B in May 2026, on a $4B+ revenue run rate. See its funding, growth and legal fights.
Cerebras Valuation and Revenue: $26B After a $95B Debut
Cerebras was worth about $26B on Oct 22, 2026, down from $95B on IPO day. See revenue by year from SEC filings, every funding round and the G42 story.
Canva Revenue: $3.5B in 2025, $4B ARR and 265M Users
Canva reported $3.5B in 2025 revenue and $4B ARR at year end, with 265M monthly users and 31.2M paying. See its revenue timeline and how it grew.
Clay ARR (2026): From $1M to $100M+ and a $7.1B Valuation
Clay passed $100M ARR in Dec 2025, is reportedly on track for $200M, and raised at a $7.1B valuation in September 2026. See its ARR timeline and playbook.
Cursor Revenue and ARR: How Cursor Grew to $4B So Fast
Cursor passed $4B in annualized revenue in June 2026, then SpaceX bought it for $60B. See the full revenue timeline and how Cursor grew so fast.
Duolingo Users (2026): How It Grew to 58.7M Daily Learners
Duolingo has 58.7M daily active users. See how many people use it, how it makes money, and the 13 growth moves behind it, from streaks to TikTok.
ElevenLabs ARR and Valuation: How It Hit $600M and $22B
ElevenLabs was at $600M ARR and a $22B tender valuation as of Sept 2026. Inside: its ARR timeline, the dubbing idea it dropped, and the 3 growth loops.
Emergent Revenue: How It Grew to $100M ARR in 8 Months
Emergent reported a $100M revenue run rate 8 months after launch and $120M by July 2026. See its timeline, funding, and the channels that drove it.
Figma Revenue: How It Grew to $1B+ With Product-Led Growth
Figma made $1.056B in revenue in 2025 and $370.1M in Q2 2026, up 48%. See its revenue timeline and the product-led growth strategy behind it.
Gamma Revenue: How Gamma Grew to $100M ARR and 100M Users
Gamma reached 100M users and $100M ARR. See its revenue and user timeline, and how it fixed activation with AI before growing through word of mouth.
Granola Revenue, Users and Valuation: How It Grew to $1.5B
Granola hasn't disclosed its ARR. Here's what is public: users, retention, funding, its $1.5B valuation, and the growth strategy that got it there.
HeyGen Revenue: How It Grew From a $5 Fiverr Order to $200M
HeyGen grew from a $5 Fiverr order to $200M ARR. See its revenue timeline, user numbers, and the viral loops and demos that drove its growth.
Higgsfield Revenue (2026): How It Grew to a $1B Run Rate
Higgsfield says its run rate passed $1B in September 2026, up from $700M in August. See how that figure is calculated, its $5.4B valuation and playbook.
HubSpot Revenue and Customers: How HubSpot Grew (2026)
HubSpot reported $911.7M in Q2 2026 revenue and 306,446 paying customers. See its timeline and the 8-part growth strategy behind it.
Linear ARR: How It Grew to $100M and 40,000 Paying Companies
Linear passed $100M ARR in 2026 with 40,000+ paying companies and 177% net revenue retention. See its timeline and how it grew with little marketing.
Lovable Revenue: How It Grew to a $600M Run Rate So Fast
Lovable passed a $600M annualized revenue run rate in September 2026, up from $500M in June. See its ARR timeline, $13.3B valuation, and how it grew so fast.
Notion Users (2026): How Notion Grew to 100 Million Users
Notion has 100M users and passed a reported $600M ARR in December 2025. See its full timeline, the 16 moves behind its growth and its 5 growth loops.
ChatGPT Users: How OpenAI Grew to 1.2 Billion Weekly Users
ChatGPT had 1.2 billion weekly users as of October 2026. See the user timeline since launch, how many people pay, and the moves behind OpenAI's growth.
PostHog Revenue and Valuation: How It Grew to $1.4B
PostHog raised at a $1.4B valuation in 2025 and was on pace for $100M ARR in 2026, per Stripe. See its user and revenue timeline and how it grew.
Replit Users and Revenue: How Replit Grew to a $9B Valuation
Replit has 60M+ users, says it is on track for a $1B run rate by the end of 2026, and raised at a $9B valuation in March. See its revenue timeline and growth.
Supabase Growth: How It Reached 13M Developers and $10.65B
Supabase passed 13M developers in October 2026 at a reported $10.65B valuation. Inside: both 2026 rounds, the Turso deal and the 12 moves behind it.
Zapier Revenue and ARR: How Zapier Grew With SEO and Apps
Zapier does 'several hundred million' in ARR, its CEO said in April 2026. See revenue by year since 2017, the $5B share sale and the 13 moves behind it.
n8n Revenue: How n8n Grew to $100M ARR and a $5.2B Valuation
n8n crossed a reported $100M ARR in 2026 and SAP invested at a $5.2B valuation. See its revenue and user timeline and how templates and AI drove growth
Ramp Valuation and Revenue: How Ramp Grew to $60 Billion
Ramp hit a $60B valuation in October 2026 with $2B+ in annualized revenue. See its 2020–2026 growth timeline, the 10 moves behind it and 6 growth loops.
Tally Revenue: How Tally Forms Grew to $6M ARR Bootstrapped
Tally crossed $6M ARR and 2.5M users in September 2026 without VC, and ChatGPT became its biggest referral source. See its MRR timeline and growth loop.
beehiiv Revenue: How beehiiv Grew From $0 to $35M ARR
beehiiv passed $35M ARR in October 2026, per its CEO. Inside: revenue by year, the ad revenue ARR leaves out, and the 14 moves behind beehiiv's growth.
Vanta ARR: How Vanta Grew to $300M and 16,000 Customers
Vanta passed $300M ARR and 16,000 customers in April 2026, going from $200M to $300M in 9 months. See its revenue timeline, valuation and growth strategy
Anthropic Revenue: How It Grew to $16.8B a Quarter
In October 2026, Anthropic reportedly told IPO investors Q3 revenue hit $16.8B. Inside: run rate since 2024, revenue by quarter, 9 growth moves, IPO dates.
Wispr Flow ARR and Valuation: How It Grew to a $2B Company
Wispr Flow raised $280M at a $2B valuation in August 2026. See its ARR, user numbers, growth timeline, and how a failed hardware bet became a hit.
Perplexity Revenue: How It Grew to $750M and 100M+ Users
Perplexity passed a reported $750M revenue run rate in August 2026 and 100M+ monthly users. See its user, query and revenue timeline and how it grew
Ahrefs Revenue: How Ahrefs Grew to $150M ARR Without VC
Ahrefs reached about $150M ARR by August 2026 without outside funding, up from under $8M in 2015. See its revenue timeline and the content engine behind it
Sierra AI Revenue: How It Grew to $200M ARR in 9 Quarters
Sierra reached $100M ARR seven quarters after launch and $200M two quarters later, then raised at a $15.8B valuation. See its timeline and pricing model
Mercor Revenue: How It Grew From $1M to a $2B Run Rate
Mercor went from $1M to a $500M run rate in 17 months and passed $2B in gross annualized revenue by June 2026. See its valuation timeline and growth loop
Vercel Revenue: How Vercel Grew to a Reported $600M Run Rate
Vercel hit a reported $600M revenue run rate in October 2026. Inside: revenue by year since 2019, how agents took 60% of deploys and the 7 moves behind it
Harvey AI Revenue and Valuation: How It Grew to $15.5B
Harvey hit a $15.5B valuation in September 2026, confirmed $400M+ ARR and serves 3,500+ organizations. See its ARR timeline and law-firm-first strategy.
Rippling Revenue: How It Grew to $1B+ ARR and $16.8B
Rippling passed $1B ARR in 2026, growing 78% a year, and raised at a $16.8B valuation. See its revenue timeline and the compound startup playbook.
Deel Revenue: How Deel Grew to $1.5B ARR in 7 Years
Deel reports $1.5B+ ARR and 40,000+ customers, up from $4M ARR in early 2021. See its revenue timeline, valuation, and the SEO and sales engine behind it
How Did Shopify Grow? From Snowboard Shop to $378B GMV
Shopify went from selling about 40 snowboards to $378.4B in merchant GMV and $11.6B revenue in 2025. See its growth timeline and the platform flywheel.
How Did Slack Grow So Fast? From 200 Users to $27.7B
Slack went from fewer than 200 users to 10M+ daily users and a $27.7B sale to Salesforce. See its user and revenue timeline and the 2,000-message rule.
How Did Cloudflare Grow? From a Free Plan to $2.17B Revenue
Cloudflare made $2.17B in 2025 revenue and $696.1M in Q2 2026, up 36%. See its growth timeline, from a free plan in 2010 to Workers, Zero Trust and AI.
Calendly Revenue and Valuation: How Calendly Grew to $3B
Sacra estimates Calendly made $349M in 2024, up 40.2%; its last valuation was $3B in January 2021. See revenue since 2014 and the 13 moves behind it.
How Did Mailchimp Grow? From Side Project to $12B Sale
Mailchimp went freemium in 2009, grew from 85,000 to 450,000+ users in a year, and sold to Intuit for about $12B without VC. See its revenue timeline.
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Glean Valuation and Revenue: $7.2B and $300M ARR (2026)
Glean was last valued at $7.2B and announced $300M ARR in May 2026, up from about $10M in early 2023. See its revenue timeline and how ChatGPT helped.
Baseten Revenue and Valuation: How It Grew 20x in a Year
Baseten's revenue grew 20x year over year by June 2026, it runs 1B+ inference calls a day, and it raised $1.5B at $11B to $13B. See the full timeline.
Midjourney Revenue: How It Grew to $300M With No VC Funding
Midjourney made a reported $300M in 2024 revenue with about 60 people and no outside funding. See its user numbers, pricing and how Discord drove growth.
Mixpanel Revenue: How Mixpanel Grew to a $1.05B Valuation
Mixpanel was near $100M revenue in 2018 and valued at $1.05B in 2021, with 29,000+ companies on it in 2026. See its funding, timeline and how it grew.
Amplitude Revenue: How a Failed Voice App Grew to $410M ARR
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Miro Valuation and Revenue: How Miro Grew to 100M+ Users
Miro grew to 100M+ users and about $600M ARR, then agreed to sell to Bending Spoons in September 2026. See its valuation, revenue and growth flywheel.
Databricks Valuation and Revenue: How It Grew to $190B
Databricks is valued at $190B after a $5B round in August 2026 and passed a $7B revenue run-rate. See its funding timeline, growth moves and IPO plans.
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Anduril Revenue: $2.2B in 2025 and a $61B Valuation
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Decagon Valuation and Revenue: How It Grew to $4.5B
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Discord Valuation and Revenue: $9.9B Pre-IPO, $15B Peak
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Scale AI Valuation and Revenue: How It Grew to $29B
Scale AI was valued at $29B in Meta's June 2025 deal, with no new round as of October 2026. See every round, revenue by year and the 10 moves behind it.
Composio Revenue and Funding: How Composio Grew to $1M+ ARR
Composio passed $1M ARR, raised $29M and reached 200,000+ developers by January 2026. See its funding timeline and how it won AI agent tooling.
Gumloop Funding and Valuation: How Gumloop Raised $70M
Gumloop raised a $50M Series B in March 2026, bringing funding to about $70M, and Forbes puts its value at $300M. See its revenue, team and growth timeline.
Corgi Insurance Valuation: How It Grew to $2.6B in 2 Years
Corgi reached a $2.6B valuation less than two years after founding, with $40M+ annualized revenue by January 2026. See its funding timeline and playbook.
SpaceX Valuation and Revenue: How It Grew to $2 Trillion
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Whoop Valuation and Revenue: How Whoop Grew to $10.1B
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Brex Valuation and Revenue: From $12.3B to a $5.15B Sale
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Crusoe Valuation and Revenue: How It Grew to $30.9B
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Airtable Valuation and Revenue: $11.7B Peak to $2.25B Sale
Airtable sold to Bending Spoons at a $2.25B equity value in September 2026. Inside: every round from seed to Series F, revenue by year and 10 growth moves.
Figure AI Valuation and Funding: How It Grew to $39B
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OpenEvidence Valuation and Revenue: How It Grew to $15B
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