TrueUp Hot 200

The 200 fastest-growing tech companies. Factors include fundraising history, hiring trends, growth rates, valuation trends, VC investors, industry factors, layoff data, user/customer ratings, TrueUp member interest, press mentions + more. Updated weekly.

Description

Valuation

Headcount growth
YoY

1

Safe Superintelligence

AI research lab

$32.0 B

-

Private

2

Erebor

Digital business banking

$4.3 B

+1,175%

Private

3

Reflection AI

AI coding agents

$8.0 B

+259%

Private

4

Anthropic

AI research and deployment

$965 B

+171%

Private

5

Periodic Labs

AI for material science

$1.0 B

+262%

Private

6

Mistral AI

Generative AI models

$13.8 B

+156%

Private

7

Ineffable Intelligence

AI lab

$5.1 B

-

Private

8

DeepSeek

AI lab

$50.0 B

-

Private

9

Physical Intelligence

AI models for robots

$5.6 B

+78%

Private

10

Cognition

AI coding assistant (creators of Devin)

$26.0 B

+243%

Private

11

Unconventional

AI computing infrastructure

$4.5 B

-

Private

12

humans&

AI research lab

$4.5 B

-

Private

13

Project Prometheus

AI for engineering and manufacturing

$41.0 B

+1,667%

Private

14

Ricursive

Chip design automation

$4.0 B

-

Private

15

Sierra

Enterprise AI

$15.8 B

+204%

Private

16

Skild

Foundational model for robotics

$14.0 B

+63%

Private

17

AMI Labs

AI research

$3.5 B

-

Private

18

Lovable

AI-powered app builder

$6.6 B

+280%

Private

19

Thinking Machines Lab

AI research lab

$10.0 B

+189%

Private

20

ElevenLabs

AI for voice generation

$11.0 B

+155%

Private

21

Mercor

Expert data labeling for AI training

$10.0 B

+392%

Private

22

Perplexity

AI search

$18.0 B

+8%

Private

23

Flourish

AI lab

$2.5 B

-

Private

24

World Labs

AI spatial intelligence

$1.0 B

+123%

Private

25

Moonshot AI

AI chatbot (Kimi)

$20.0 B

-

Private

26

Base

Energy grid reliability

$3.0 B

+124%

Private

27

General Intuition

Spatial reasoning (part of Medal)

$2.3 B

+100%

Private

28

Lila Sciences

AI models for science

$1.3 B

+139%

Private

29

Fireworks

AI model management

$4.0 B

+112%

Private

30

Nexthop AI

Cloud AI infrastructure

$4.2 B

+137%

Private

31

Wonderful

Customer support AI agents

$2.0 B

+1,254%

Private

32

Eon

Cloud backup

$4.0 B

+90%

Private

33

Upscale AI

AI networking infrastructure

$2.0 B

+465%

Private

34

DayOne

Data center operator

$13.0 B

+70%

Private

35

OpenAI

AI research and deployment

$852 B

+90%

Private

36

Harvey

Legal AI

$11.0 B

+188%

Private

37

Black Forest Labs

AI lab

$3.3 B

+470%

Private

38

Helsing

AI for military defence

$13.8 B

+35%

Private

39

Moore Threads

GPU design

$49.5 B

-

Public

40

Axiom Math

AI mathematician

$1.6 B

+633%

Private

41

MetaX

AI chips

$48.7 B

-

Public

42

Ramp

Corporate credit cards and accounting

$44.0 B

+45%

Private

43

Z.ai

Artificial Intelligence (formerly Zhipu)

$120 B

-

Public

44

Together

Open-source LLMs

$8.3 B

+58%

Private

45

Legora

AI legal assistant

$5.6 B

+376%

Private

46

Corgi

Business insurance

$2.6 B

+178%

Private

47

Saronic

Autonomous defense ships

$9.3 B

+106%

Private

48

OpenEvidence

AI chatbot for physicians

$12.0 B

+159%

Private

49

Higgsfield AI

AI video generation

$1.3 B

+92%

Private

50

Applied Compute

Enterprise AI customization

$1.3 B

+2,100%

Private

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