Scaling without slippage
Revenue up 484.6% YoY while gross margin expanded +68.5pp TTM to 108.4%
Read software and SaaS through recurring-demand durability, gross margin, and cash scalability rather than simple top-line growth.
Software economics are defined by recurring demand, high gross margins, and scalable cost structure, not just one-year revenue acceleration. The important questions are whether growth is durable, whether cash conversion is real, and whether product investment is strengthening the moat or just buying time. The StatsAlpha(TM) software and SaaS framework evaluates application software, infrastructure, IT services, and platform-style businesses through recurring-demand proxies, Rule of 40 context, free cash flow, operating leverage, and software-native moat signals. It is designed for informational analysis, not investment advice.
A quick read on where this framework looks strongest today.
Top slices selected from the strongest data already available for this industry.
Recurring storylines, tone distribution, and representative beats pulled from active companies inside this setup.
Revenue up 484.6% YoY while gross margin expanded +68.5pp TTM to 108.4%
Revenue up 858.4% YoY while gross margin expanded +232.1pp TTM to 314.1%
Revenue up 1913.1% YoY while gross margin expanded +147.6pp TTM to 197.5%
For informational purposes only. Not investment advice.
Metrics that recur most often across stronger operators in this framework.
Software SaaS
This framework uses all three Trade-Off Ledger axes with industry-specific weights.
Each axis sets a minimum evidence threshold. Higher coverage means the framework needs more supporting signals before the lens is treated as dependable.
Coverage thresholds and enabled metrics across the core trade-off axes.
Median and interquartile range across 590 companies in this framework.
Interquartile ranges show where the middle half of companies cluster, with the median pin marking the center of gravity for each pillar.
Scan the full company universe mapped into the Software & SaaS framework using live search across company name, ticker, and industry.
| Company | Market Cap | Score | Price | Strongest Pillar |
|---|---|---|---|---|
|
GOOGL
Alphabet Inc.
Internet Content & Information
|
4.19T
|
63.6
Composite
|
$343.71
|
Profitability
80.4
|
|
GOOG
Alphabet Inc.
Internet Content & Information
|
4.19T
|
67.8
Composite
|
$342.19
|
Profitability
85.9
|
|
Software - Infrastructure
|
2.62T
|
65.5
Composite
|
$352.83
|
Profitability
79.7
|
|
META
Meta Platforms, Inc.
Internet Content & Information
|
1.38T
|
70.1
Composite
|
$542.87
|
Profitability
83.2
|
|
ORCL
Oracle Corporation
Software - Infrastructure
|
439.16B
|
55.1
Composite
|
$152.46
|
Profitability
71.4
|
|
Software - Infrastructure
|
257.16B
|
77.1
Composite
|
$107.27
|
Valuation
91.7
|
|
Information Technology Services
|
242.74B
|
68.4
Composite
|
$258.27
|
Valuation
75.4
|
|
Software - Infrastructure
|
238.87B
|
65.1
Composite
|
$293.09
|
Valuation
85.1
|
|
Software - Infrastructure
|
172.76B
|
60.3
Composite
|
$678.65
|
Valuation
78.7
|
|
SAP
SAP SE
Software - Application
|
172.19B
|
67.5
Composite
|
$148.06
|
Profitability
77.3
|
|
Software - Application
|
149.81B
|
72.3
Composite
|
$445.93
|
Profitability
83.4
|
|
Software - Application
|
147.07B
|
59.8
Composite
|
$72.25
|
Profitability
73.9
|
|
SHOP
Shopify Inc.
Software - Application
|
144.84B
|
64.3
Composite
|
$111.62
|
Valuation
83.6
|
|
CRM
Salesforce, Inc.
Software - Application
|
123.01B
|
66.1
Composite
|
$150.19
|
Profitability
76.9
|
|
FTNT
Fortinet, Inc.
Software - Infrastructure
|
109.85B
|
69.4
Composite
|
$149.93
|
Profitability
83.7
|
|
Software - Application
|
101.56B
|
66.0
Composite
|
$368.23
|
Profitability
76.2
|
|
NOW
ServiceNow, Inc.
Software - Application
|
92.32B
|
69.2
Composite
|
$89.52
|
Efficiency
76.7
|
|
Internet Content & Information
|
90.72B
|
68.4
Composite
|
$441.21
|
Valuation
79.3
|
|
SNPS
Synopsys, Inc.
Software - Infrastructure
|
87.13B
|
62.6
Composite
|
$455.02
|
Efficiency
82.8
|
|
Software - Application
|
86.47B
|
65.0
Composite
|
$216.31
|
Valuation
82.8
|
|
ACN
Accenture plc
Information Technology Services
|
84.02B
|
62.8
Composite
|
$125.82
|
Valuation
77.1
|
|
NET
Cloudflare, Inc.
Software - Infrastructure
|
80.11B
|
58.2
Composite
|
$226.65
|
Efficiency
67.3
|
|
SNOW
Snowflake Inc.
Software - Application
|
78.70B
|
40.8
Composite
|
$227.06
|
Efficiency
78.3
|
|
DDOG
Datadog, Inc.
Software - Application
|
78.65B
|
64.8
Composite
|
$220.94
|
Efficiency
79.9
|
|
DASH
DoorDash, Inc.
Internet Content & Information
|
77.08B
|
66.0
Composite
|
$176.91
|
Valuation
80.1
|
|
ADBE
Adobe Inc.
Software - Application
|
76.88B
|
70.4
Composite
|
$193.41
|
Profitability
87.7
|
|
INTU
Intuit Inc.
Software - Application
|
69.77B
|
70.6
Composite
|
$255.07
|
Valuation
79.1
|
|
NBIS
Nebius Group N.V.
Internet Content & Information
|
65.16B
|
52.9
Composite
|
$256.63
|
Growth
67.7
|
|
XYZ
Block, Inc.
Software - Infrastructure
|
44.50B
|
58.5
Composite
|
$74.08
|
Profitability
65.6
|
|
INFY
Infosys Limited
Information Technology Services
|
44.33B
|
61.5
Composite
|
$10.57
|
Profitability
70.6
|
|
ADSK
Autodesk, Inc.
Software - Application
|
40.06B
|
69.3
Composite
|
$189.73
|
Profitability
77.4
|
|
BIDU
Baidu, Inc.
Internet Content & Information
|
35.37B
|
49.2
Composite
|
$103.99
|
Profitability
60.2
|
|
PAYX
Paychex, Inc.
Software - Application
|
34.65B
|
65.8
Composite
|
$96.72
|
Profitability
79.9
|
|
Software - Application
|
33.55B
|
62.5
Composite
|
$332.42
|
Profitability
78.0
|
|
RDDT
Reddit, Inc.
Internet Content & Information
|
30.42B
|
74.7
Composite
|
$158.02
|
Growth
84.3
|
|
Software - Application
|
29.90B
|
28.8
Composite
|
$85.33
|
Efficiency
47.4
|
|
TWLO
Twilio Inc.
Software - Infrastructure
|
28.97B
|
58.3
Composite
|
$190.88
|
Efficiency
69.6
|
|
WDAY
Workday, Inc.
Software - Application
|
28.10B
|
64.0
Composite
|
$113.77
|
Efficiency
80.1
|
|
Software - Application
|
26.52B
|
61.3
Composite
|
$1,143.48
|
Profitability
76.3
|
|
Software - Infrastructure
|
25.74B
|
62.3
Composite
|
$76.85
|
Valuation
65.6
|
|
Software - Application
|
24.30B
|
66.3
Composite
|
$82.88
|
Profitability
82.7
|
|
MDB
MongoDB, Inc.
Software - Infrastructure
|
23.66B
|
58.4
Composite
|
$294.10
|
Efficiency
82.5
|
|
WIT
Wipro Limited
Information Technology Services
|
22.97B
|
53.7
Composite
|
$2.19
|
Profitability
71.3
|
|
VRSN
VeriSign, Inc.
Software - Infrastructure
|
22.83B
|
63.2
Composite
|
$250.85
|
Profitability
80.8
|
|
FFIV
F5, Inc.
Software - Infrastructure
|
21.78B
|
65.6
Composite
|
$386.01
|
Profitability
76.4
|
|
CPAY
Corpay, Inc.
Software - Infrastructure
|
21.30B
|
63.4
Composite
|
$325.81
|
Profitability
77.9
|
|
OKTA
Okta, Inc.
Software - Infrastructure
|
20.73B
|
64.8
Composite
|
$119.26
|
Efficiency
84.6
|
|
Software - Infrastructure
|
20.02B
|
63.5
Composite
|
$123.80
|
Efficiency
89.4
|
|
Information Technology Services
|
19.57B
|
56.0
Composite
|
$37.86
|
Efficiency
67.3
|
|
Software - Application
|
18.95B
|
51.2
Composite
|
$74.68
|
Efficiency
77.8
|
|
Information Technology Services
|
18.55B
|
62.9
Composite
|
$39.15
|
Profitability
71.4
|
|
IOT
Samsara Inc.
Software - Infrastructure
|
16.89B
|
62.3
Composite
|
$28.98
|
Valuation
90.8
|
|
Software - Infrastructure
|
16.50B
|
59.2
Composite
|
$86.85
|
Profitability
79.8
|
|
Software - Infrastructure
|
16.41B
|
62.2
Composite
|
$112.89
|
Health
72.7
|
|
CDW
CDW Corporation
Information Technology Services
|
16.36B
|
58.1
Composite
|
$128.02
|
Valuation
67.9
|
|
Information Technology Services
|
15.76B
|
64.5
Composite
|
$136.26
|
Valuation
79.8
|
|
Software - Application
|
15.18B
|
58.9
Composite
|
$63.02
|
Profitability
72.8
|
|
Software - Infrastructure
|
15.17B
|
58.1
Composite
|
$145.34
|
Profitability
69.0
|
|
TOST
Toast, Inc.
Software - Infrastructure
|
14.94B
|
59.1
Composite
|
$25.77
|
Valuation
76.8
|
|
RBRK
Rubrik, Inc.
Software - Infrastructure
|
14.62B
|
49.8
Composite
|
$71.02
|
Efficiency
87.2
|
|
Software - Application
|
14.15B
|
55.0
Composite
|
$3.46
|
Profitability
65.6
|
|
GEN
Gen Digital Inc.
Software - Infrastructure
|
14.04B
|
64.0
Composite
|
$23.31
|
Valuation
78.8
|
|
GIB
CGI Inc.
Information Technology Services
|
13.61B
|
55.6
Composite
|
$62.24
|
Efficiency
90.4
|
|
QXO
QXO, Inc.
Software - Application
|
13.06B
|
57.1
Composite
|
$18.00
|
Growth
75.8
|
|
PTC
PTC Inc.
Software - Application
|
13.00B
|
66.6
Composite
|
$112.55
|
Profitability
77.2
|
|
Software - Infrastructure
|
12.97B
|
70.5
Composite
|
$122.84
|
Profitability
82.7
|
|
Internet Content & Information
|
12.84B
|
62.1
Composite
|
$8.16
|
Profitability
78.8
|
|
NTNX
Nutanix, Inc.
Software - Infrastructure
|
12.69B
|
60.1
Composite
|
$46.94
|
Efficiency
78.0
|
|
Information Technology Services
|
12.58B
|
56.1
Composite
|
$100.00
|
Profitability
64.6
|
|
Information Technology Services
|
12.24B
|
23.6
Composite
|
$6.24
|
Growth
35.1
|
|
Software - Application
|
11.85B
|
60.9
Composite
|
$281.09
|
Profitability
70.6
|
|
Software - Application
|
11.74B
|
64.6
Composite
|
$40.28
|
Efficiency
86.7
|
|
Information Technology Services
|
11.70B
|
35.5
Composite
|
$40.95
|
Growth
51.3
|
|
Software - Application
|
11.66B
|
56.0
Composite
|
$26.71
|
Valuation
80.2
|
|
DAY
Dayforce, Inc.
Software - Application
|
11.18B
|
42.5
Composite
|
$69.86
|
Valuation
58.3
|
|
CFLT
Confluent, Inc.
Software - Infrastructure
|
11.08B
|
45.4
Composite
|
$30.99
|
Efficiency
60.8
|
|
PINS
Pinterest, Inc.
Internet Content & Information
|
10.91B
|
63.4
Composite
|
$19.48
|
Efficiency
81.1
|
|
GDDY
GoDaddy Inc.
Software - Infrastructure
|
10.51B
|
62.5
Composite
|
$79.35
|
Profitability
75.6
|
|
Information Technology Services
|
9.79B
|
53.5
Composite
|
$443.26
|
Valuation
64.3
|
|
FROG
JFrog Ltd.
Software - Application
|
9.54B
|
55.5
Composite
|
$78.80
|
Efficiency
75.4
|
|
Software - Application
|
9.17B
|
56.0
Composite
|
$110.10
|
Valuation
76.3
|
|
Information Technology Services
|
9.14B
|
64.5
Composite
|
$128.71
|
Valuation
79.9
|
|
Software - Application
|
8.99B
|
67.2
Composite
|
$28.71
|
Valuation
75.8
|
|
HUBS
HubSpot, Inc.
Software - Application
|
8.72B
|
62.7
Composite
|
$170.28
|
Efficiency
73.4
|
|
Software - Infrastructure
|
8.67B
|
36.5
Composite
|
$27.27
|
Growth
44.6
|
|
Information Technology Services
|
8.48B
|
67.9
Composite
|
$126.63
|
Efficiency
86.8
|
|
MTCH
Match Group, Inc.
Internet Content & Information
|
8.15B
|
57.4
Composite
|
$34.94
|
Efficiency
68.7
|
|
Software - Application
|
8.15B
|
65.3
Composite
|
$17.33
|
Profitability
76.7
|
|
DOCU
DocuSign, Inc.
Software - Application
|
8.11B
|
64.5
Composite
|
$42.46
|
Valuation
77.5
|
|
Software - Application
|
7.82B
|
68.0
Composite
|
$7.54
|
Profitability
78.9
|
|
Software - Application
|
7.57B
|
68.8
Composite
|
$127.87
|
Valuation
81.9
|
|
Software - Application
|
7.33B
|
61.2
Composite
|
$24.56
|
Efficiency
70.8
|
|
SAIL
SailPoint, Inc.
Software - Infrastructure
|
7.20B
|
44.8
Composite
|
$12.69
|
Growth
57.3
|
|
SNAP
Snap Inc.
Internet Content & Information
|
7.19B
|
48.5
Composite
|
$4.34
|
Efficiency
63.9
|
|
Software - Application
|
7.11B
|
65.6
Composite
|
$53.18
|
Profitability
80.5
|
|
IDCC
InterDigital, Inc.
Software - Application
|
7.06B
|
68.3
Composite
|
$273.20
|
Profitability
83.2
|
|
Internet Content & Information
|
7.01B
|
58.6
Composite
|
$29.41
|
Efficiency
74.2
|
|
Internet Content & Information
|
6.67B
|
58.8
Composite
|
$29.14
|
Efficiency
77.8
|
|
Information Technology Services
|
6.41B
|
47.6
Composite
|
$27.69
|
Valuation
51.3
|
|
Software - Application
|
6.06B
|
62.4
Composite
|
$124.48
|
Profitability
80.6
|
|
TTAN
ServiceTitan, Inc.
Software - Application
|
6.05B
|
53.1
Composite
|
$63.40
|
Efficiency
72.0
|
|
Software - Infrastructure
|
6.04B
|
59.7
Composite
|
$10.34
|
Valuation
77.2
|
|
Information Technology Services
|
5.88B
|
50.0
Composite
|
$29.33
|
Profitability
65.3
|
|
DBX
Dropbox, Inc.
Software - Infrastructure
|
5.85B
|
56.9
Composite
|
$25.08
|
Efficiency
76.9
|
|
Software - Application
|
5.78B
|
53.9
Composite
|
$38.30
|
Valuation
68.2
|
|
Software - Application
|
5.71B
|
67.6
Composite
|
$66.41
|
Valuation
80.1
|
|
Internet Content & Information
|
5.69B
|
63.5
Composite
|
$12.65
|
Profitability
82.6
|
|
DUOL
Duolingo, Inc.
Software - Application
|
5.59B
|
69.5
Composite
|
$119.94
|
Growth
82.2
|
|
ESTC
Elastic N.V.
Software - Application
|
5.57B
|
61.5
Composite
|
$53.60
|
Valuation
80.7
|
|
Software - Application
|
5.53B
|
59.5
Composite
|
$133.94
|
Valuation
71.0
|
|
Software - Application
|
5.38B
|
62.6
Composite
|
$100.48
|
Valuation
77.7
|
|
LYFT
Lyft, Inc.
Software - Application
|
5.35B
|
53.4
Composite
|
$14.08
|
Profitability
75.9
|
|
DOX
Amdocs Limited
Software - Infrastructure
|
5.29B
|
61.6
Composite
|
$49.87
|
Valuation
74.9
|
|
NICE
NICE Ltd
Software - Application
|
5.28B
|
60.4
Composite
|
$87.60
|
Profitability
79.0
|
|
Software - Application
|
5.19B
|
59.4
Composite
|
$21.37
|
Profitability
72.7
|
|
PATH
UiPath, Inc.
Software - Infrastructure
|
5.14B
|
65.2
Composite
|
$9.93
|
Valuation
82.7
|
|
Software - Infrastructure
|
5.13B
|
45.1
Composite
|
$14.96
|
Efficiency
60.5
|
|
APPF
AppFolio, Inc.
Software - Application
|
5.12B
|
67.7
Composite
|
$144.78
|
Profitability
79.5
|
|
Information Technology Services
|
5.03B
|
48.8
Composite
|
$47.05
|
Efficiency
52.7
|
|
Software - Application
|
4.90B
|
57.5
Composite
|
$9.39
|
Growth
68.2
|
|
PEGA
Pegasystems Inc.
Software - Application
|
4.80B
|
64.6
Composite
|
$28.72
|
Profitability
79.1
|
|
ACIW
ACI Worldwide, Inc.
Software - Infrastructure
|
4.74B
|
48.0
Composite
|
$46.66
|
Profitability
57.3
|
|
Information Technology Services
|
4.69B
|
60.8
Composite
|
$27.67
|
Profitability
65.2
|
|
GTLB
GitLab Inc.
Software - Infrastructure
|
4.64B
|
53.4
Composite
|
$27.49
|
Efficiency
80.2
|
|
WEX
WEX Inc.
Software - Infrastructure
|
4.61B
|
51.8
Composite
|
$133.08
|
Profitability
72.3
|
|
RELY
Remitly Global, Inc.
Software - Infrastructure
|
4.58B
|
57.4
Composite
|
$21.74
|
Efficiency
72.4
|
|
Software - Infrastructure
|
4.56B
|
48.5
Composite
|
$24.00
|
Efficiency
83.6
|
|
Information Technology Services
|
4.51B
|
52.4
Composite
|
$106.63
|
Valuation
57.8
|
|
Software - Infrastructure
|
4.46B
|
54.8
Composite
|
$17.88
|
Efficiency
73.1
|
|
Software - Infrastructure
|
4.43B
|
46.2
Composite
|
$38.56
|
Efficiency
84.2
|
|
SRAD
Sportradar Group AG
Software - Application
|
4.40B
|
63.8
Composite
|
$14.45
|
Profitability
72.9
|
|
Software - Infrastructure
|
4.20B
|
57.3
Composite
|
$14.03
|
Efficiency
81.2
|
|
DAVE
Dave Inc.
Software - Application
|
4.10B
|
75.6
Composite
|
$322.75
|
Growth
93.2
|
|
QLYS
Qualys, Inc.
Software - Infrastructure
|
4.09B
|
69.6
Composite
|
$116.19
|
Profitability
85.5
|
|
EPAM
EPAM Systems, Inc.
Information Technology Services
|
4.04B
|
58.2
Composite
|
$77.37
|
Profitability
62.8
|
|
LIF
Life360, Inc.
Software - Application
|
4.02B
|
70.6
Composite
|
$48.94
|
Growth
85.7
|
|
Software - Application
|
3.99B
|
48.5
Composite
|
$16.39
|
Growth
62.9
|
|
Information Technology Services
|
3.85B
|
60.8
Composite
|
$25.22
|
Valuation
66.3
|
|
DLO
DLocal Limited
Software - Infrastructure
|
3.62B
|
69.8
Composite
|
$12.34
|
Profitability
76.7
|
|
Software - Infrastructure
|
3.47B
|
57.5
Composite
|
$43.78
|
Valuation
65.5
|
|
BOX
Box, Inc.
Software - Infrastructure
|
3.45B
|
61.9
Composite
|
$24.93
|
Valuation
81.3
|
|
Information Technology Services
|
3.39B
|
51.7
Composite
|
$66.77
|
Valuation
72.4
|
|
ADEA
Adeia Inc.
Software - Application
|
3.35B
|
63.0
Composite
|
$30.39
|
Profitability
76.4
|
|
BILL
BILL Holdings, Inc.
Software - Application
|
3.32B
|
60.1
Composite
|
$33.38
|
Efficiency
78.6
|
|
Software - Application
|
3.20B
|
51.1
Composite
|
$43.31
|
Profitability
69.0
|
|
IAC
IAC Inc.
Internet Content & Information
|
3.15B
|
47.1
Composite
|
$42.38
|
Valuation
54.1
|
|
CLBT
Cellebrite DI Ltd.
Software - Infrastructure
|
3.15B
|
61.3
Composite
|
$12.63
|
Efficiency
82.6
|
|
Software - Infrastructure
|
3.03B
|
51.0
Composite
|
$27.44
|
Efficiency
84.3
|
|
PONY
Pony AI Inc.
Information Technology Services
|
3.00B
|
29.2
Composite
|
$6.93
|
Growth
48.7
|
|
MNDY
monday.com Ltd.
Software - Application
|
2.94B
|
71.0
Composite
|
$67.09
|
Growth
81.9
|
|
Software - Infrastructure
|
2.93B
|
58.0
Composite
|
$31.17
|
Profitability
71.6
|
|
Software - Application
|
2.93B
|
57.2
Composite
|
$84.56
|
Profitability
65.4
|
|
Software - Application
|
2.91B
|
55.2
Composite
|
$34.65
|
Efficiency
78.0
|
|
Software - Infrastructure
|
2.90B
|
63.5
Composite
|
$40.57
|
Profitability
70.2
|
|
QTWO
Q2 Holdings, Inc.
Software - Application
|
2.76B
|
63.6
Composite
|
$44.04
|
Efficiency
73.8
|
|
AGYS
Agilysys, Inc.
Software - Application
|
2.74B
|
64.4
Composite
|
$97.51
|
Efficiency
77.3
|
|
SOUN
SoundHound AI, Inc.
Software - Application
|
2.69B
|
48.5
Composite
|
$6.21
|
Growth
73.2
|
|
Software - Infrastructure
|
2.68B
|
60.9
Composite
|
$8.74
|
Profitability
72.7
|
|
Software - Infrastructure
|
2.68B
|
58.4
Composite
|
$21.27
|
Profitability
64.2
|
|
STNE
StoneCo Ltd.
Software - Infrastructure
|
2.62B
|
57.8
Composite
|
$10.79
|
Growth
76.2
|
|
Software - Application
|
2.62B
|
52.5
Composite
|
$8.72
|
Growth
62.3
|
|
WK
Workiva Inc.
Software - Application
|
2.60B
|
54.1
Composite
|
$46.31
|
Efficiency
67.8
|
|
Software - Infrastructure
|
2.55B
|
62.3
Composite
|
$67.06
|
Profitability
71.1
|
|
NYAX
Nayax Ltd.
Information Technology Services
|
2.54B
|
48.9
Composite
|
$68.00
|
Valuation
61.9
|
|
FSLY
Fastly, Inc.
Software - Application
|
2.54B
|
48.6
Composite
|
$16.21
|
Health
53.6
|
|
PDFS
PDF Solutions, Inc.
Software - Application
|
2.54B
|
54.8
Composite
|
$68.67
|
Valuation
60.9
|
|
FRSH
Freshworks Inc.
Software - Application
|
2.53B
|
64.3
Composite
|
$9.17
|
Efficiency
74.2
|
|
ATEN
A10 Networks, Inc.
Software - Infrastructure
|
2.50B
|
63.5
Composite
|
$34.74
|
Valuation
72.8
|
|
GRND
Grindr Inc.
Software - Application
|
2.41B
|
63.7
Composite
|
$13.56
|
Profitability
72.5
|
|
INOD
Innodata Inc.
Information Technology Services
|
2.39B
|
68.3
Composite
|
$73.18
|
Valuation
83.3
|
|
Information Technology Services
|
2.37B
|
47.4
Composite
|
$10.79
|
Valuation
59.7
|
|
PAYO
Payoneer Global Inc.
Software - Infrastructure
|
2.36B
|
58.0
Composite
|
$7.04
|
Efficiency
79.7
|
|
Software - Infrastructure
|
2.30B
|
59.6
Composite
|
$80.69
|
Valuation
64.5
|
|
NN
NextNav Inc.
Software - Infrastructure
|
2.27B
|
31.8
Composite
|
$16.67
|
Valuation
36.9
|
|
Software - Infrastructure
|
2.25B
|
65.7
Composite
|
$37.43
|
Valuation
74.5
|
|
CALX
Calix, Inc
Software - Infrastructure
|
2.25B
|
60.1
Composite
|
$35.20
|
Valuation
72.0
|
|
BRZE
Braze, Inc.
Software - Application
|
2.20B
|
52.6
Composite
|
$19.57
|
Efficiency
59.5
|
|
AVPT
AvePoint, Inc.
Software - Infrastructure
|
2.19B
|
62.0
Composite
|
$10.35
|
Growth
73.6
|
|
Software - Application
|
2.18B
|
59.0
Composite
|
$44.07
|
Profitability
68.8
|
|
ATHM
Autohome Inc.
Internet Content & Information
|
2.17B
|
57.6
Composite
|
$18.78
|
Profitability
74.5
|
|
RUM
Rumble Inc.
Software - Application
|
2.12B
|
35.5
Composite
|
$6.24
|
Health
46.0
|
|
VNET
VNET Group, Inc.
Information Technology Services
|
2.11B
|
45.6
Composite
|
$7.70
|
Profitability
55.6
|
|
PLUS
ePlus inc.
Software - Application
|
2.10B
|
53.0
Composite
|
$81.06
|
Health
65.5
|
|
Software - Infrastructure
|
2.05B
|
58.7
Composite
|
$16.88
|
Efficiency
66.7
|
|
SPSC
SPS Commerce, Inc.
Software - Application
|
2.05B
|
65.0
Composite
|
$55.71
|
Profitability
76.0
|
|
Internet Content & Information
|
1.96B
|
41.6
Composite
|
$7.06
|
Efficiency
67.3
|
|
Software - Application
|
1.80B
|
51.5
Composite
|
$12.00
|
Efficiency
73.1
|
|
WRD
WERIDE INC.
Software - Application
|
1.79B
|
33.9
Composite
|
$5.42
|
Efficiency
55.3
|
|
WIX
Wix.com Ltd.
Software - Infrastructure
|
1.75B
|
58.3
Composite
|
$41.72
|
Efficiency
74.6
|
|
Internet Content & Information
|
1.75B
|
65.0
Composite
|
$7.21
|
Profitability
76.1
|
|
VERX
Vertex, Inc.
Software - Application
|
1.73B
|
54.5
Composite
|
$10.84
|
Efficiency
64.4
|
|
INTA
Intapp, Inc.
Software - Application
|
1.70B
|
52.1
Composite
|
$22.02
|
Growth
62.9
|
|
Software - Application
|
1.70B
|
50.5
Composite
|
$15.84
|
Health
59.5
|
|
BAND
Bandwidth Inc.
Software - Infrastructure
|
1.68B
|
59.8
Composite
|
$52.32
|
Efficiency
71.0
|
|
Software - Infrastructure
|
1.67B
|
53.4
Composite
|
$3.95
|
Efficiency
82.7
|
|
BBAI
BigBear.ai, Inc.
Information Technology Services
|
1.63B
|
32.4
Composite
|
$3.41
|
Growth
56.6
|
|
Information Technology Services
|
1.63B
|
59.1
Composite
|
$106.50
|
Profitability
73.8
|
|
OPRA
Opera Limited
Internet Content & Information
|
1.63B
|
62.5
Composite
|
$18.14
|
Profitability
68.6
|
|
EVTC
Evertec, Inc.
Software - Infrastructure
|
1.62B
|
56.4
Composite
|
$26.28
|
Valuation
63.3
|
|
Software - Infrastructure
|
1.59B
|
37.2
Composite
|
$6.36
|
Profitability
52.2
|
|
NCNO
nCino, Inc.
Software - Application
|
1.57B
|
54.8
Composite
|
$14.35
|
Valuation
82.2
|
|
Software - Application
|
1.55B
|
61.6
Composite
|
$26.50
|
Efficiency
77.3
|
|
EVCM
EverCommerce Inc.
Software - Infrastructure
|
1.55B
|
59.0
Composite
|
$8.74
|
Efficiency
68.8
|
|
Software - Application
|
1.53B
|
60.0
Composite
|
$9.95
|
Efficiency
71.1
|
|
KARO
Karooooo Ltd.
Software - Application
|
1.52B
|
57.4
Composite
|
$49.07
|
Profitability
77.8
|
|
APPN
Appian Corporation
Software - Infrastructure
|
1.51B
|
53.4
Composite
|
$20.63
|
Efficiency
67.2
|
|
FIVN
Five9, Inc.
Software - Infrastructure
|
1.49B
|
61.1
Composite
|
$19.51
|
Efficiency
66.0
|
|
Internet Content & Information
|
1.49B
|
32.3
Composite
|
$11.04
|
Valuation
39.4
|
|
ASAN
Asana, Inc.
Software - Application
|
1.47B
|
44.4
Composite
|
$6.39
|
Efficiency
70.2
|
|
Internet Content & Information
|
1.46B
|
39.4
Composite
|
$5.44
|
Valuation
42.6
|
|
Internet Content & Information
|
1.45B
|
42.4
Composite
|
$5.20
|
Efficiency
67.3
|
|
PRCH
Porch Group, Inc.
Software - Application
|
1.41B
|
48.0
Composite
|
$12.93
|
Efficiency
63.2
|
|
Software - Infrastructure
|
1.37B
|
32.3
Composite
|
$20.15
|
Efficiency
43.7
|
|
Information Technology Services
|
1.37B
|
38.6
Composite
|
$22.52
|
Efficiency
60.4
|
|
AI
C3.ai, Inc.
Software - Application
|
1.36B
|
35.5
Composite
|
$8.75
|
Efficiency
51.0
|
|
Information Technology Services
|
1.35B
|
46.6
Composite
|
$8.23
|
Efficiency
53.4
|
|
Software - Application
|
1.32B
|
48.9
Composite
|
$9.56
|
Profitability
55.3
|
|
Software - Infrastructure
|
1.28B
|
54.4
Composite
|
$15.48
|
Profitability
61.9
|
|
CLVT
Clarivate Plc
Information Technology Services
|
1.27B
|
48.1
Composite
|
$1.98
|
Efficiency
87.5
|
|
YELP
Yelp Inc.
Internet Content & Information
|
1.26B
|
59.3
Composite
|
$22.92
|
Efficiency
76.9
|
|
Software - Infrastructure
|
1.25B
|
55.5
Composite
|
$29.81
|
Efficiency
78.9
|
|
Software - Application
|
1.25B
|
39.2
Composite
|
$15.37
|
Health
50.9
|
|
Software - Application
|
1.23B
|
53.5
Composite
|
$10.16
|
Health
59.5
|
|
TBLA
Taboola.com Ltd.
Internet Content & Information
|
1.22B
|
54.5
Composite
|
$4.45
|
Efficiency
61.2
|
|
RDWR
Radware Ltd.
Software - Infrastructure
|
1.20B
|
54.5
Composite
|
$28.14
|
Efficiency
71.4
|
|
BLKB
Blackbaud, Inc.
Software - Application
|
1.20B
|
60.2
Composite
|
$26.58
|
Profitability
71.5
|
|
GLOB
Globant S.A.
Information Technology Services
|
1.20B
|
49.5
Composite
|
$27.73
|
Efficiency
62.3
|
|
Software - Infrastructure
|
1.17B
|
59.4
Composite
|
$31.73
|
Profitability
67.2
|
|
UPBD
Upbound Group, Inc.
Software - Application
|
1.16B
|
55.6
Composite
|
$19.84
|
Profitability
70.2
|
|
CXM
Sprinklr, Inc.
Software - Application
|
1.15B
|
54.5
Composite
|
$4.91
|
Efficiency
66.7
|
|
TUYA
Tuya Inc.
Software - Infrastructure
|
1.08B
|
61.1
Composite
|
$1.76
|
Profitability
63.9
|
|
Information Technology Services
|
1.03B
|
37.9
Composite
|
$7.51
|
Valuation
47.6
|
|
RZLV
Rezolve AI Limited
Software - Infrastructure
|
1.01B
|
27.1
Composite
|
$2.52
|
Valuation
41.1
|
|
Software - Application
|
989.30M
|
55.3
Composite
|
$39.60
|
Profitability
65.8
|
|
UPWK
Upwork Inc.
Internet Content & Information
|
970.85M
|
63.1
Composite
|
$7.86
|
Efficiency
74.0
|
|
AMPL
Amplitude, Inc.
Software - Application
|
896.51M
|
45.6
Composite
|
$6.76
|
Efficiency
57.6
|
|
GRPN
Groupon, Inc.
Internet Content & Information
|
869.10M
|
40.1
Composite
|
$22.88
|
Efficiency
66.9
|
|
MOMO
Hello Group Inc.
Internet Content & Information
|
868.80M
|
54.6
Composite
|
$5.40
|
Profitability
69.5
|
|
Information Technology Services
|
853.30M
|
53.0
Composite
|
$17.38
|
Efficiency
63.5
|
|
ASST
Asset Entities Inc.
Internet Content & Information
|
833.14M
|
32.8
Composite
|
$11.40
|
Efficiency
42.5
|
|
CTLP
Cantaloupe, Inc.
Information Technology Services
|
825.80M
|
47.2
Composite
|
$11.20
|
Valuation
57.5
|
|
ASGN
ASGN Incorporated
Information Technology Services
|
822.50M
|
50.8
Composite
|
$20.06
|
Efficiency
64.1
|
|
BLZE
Backblaze, Inc.
Software - Infrastructure
|
805.40M
|
49.7
Composite
|
$13.42
|
Growth
61.9
|
|
MITK
Mitek Systems, Inc.
Software - Application
|
797.10M
|
57.5
Composite
|
$17.65
|
Efficiency
67.8
|
|
RDVT
Red Violet, Inc.
Software - Application
|
793.20M
|
64.4
Composite
|
$56.22
|
Profitability
70.8
|
|
YALA
Yalla Group Limited
Software - Application
|
769.77M
|
58.0
Composite
|
$5.07
|
Profitability
79.9
|
|
Software - Application
|
769.21M
|
58.4
Composite
|
$2.61
|
Efficiency
72.2
|
|
EVER
EverQuote, Inc.
Internet Content & Information
|
767.60M
|
64.1
Composite
|
$21.70
|
Profitability
75.4
|
|
Software - Application
|
755.30M
|
48.2
Composite
|
$548.23
|
Health
55.8
|
|
ODD
ODDITY Tech Ltd.
Software - Infrastructure
|
744.47M
|
64.1
Composite
|
$13.14
|
Profitability
71.2
|
|
IBTA
Ibotta, Inc.
Software - Application
|
742.47M
|
54.2
Composite
|
$31.90
|
Efficiency
68.5
|
|
SABR
Sabre Corporation
Software - Infrastructure
|
739.20M
|
45.5
Composite
|
$1.87
|
Profitability
64.6
|
|
Software - Application
|
720.22M
|
54.1
Composite
|
$10.99
|
Growth
60.9
|
|
RSKD
Riskified Ltd.
Software - Application
|
707.22M
|
48.6
Composite
|
$4.91
|
Efficiency
55.5
|
|
Software - Application
|
660.17M
|
62.6
Composite
|
$8.56
|
Profitability
77.6
|
|
Software - Application
|
656.64M
|
36.5
Composite
|
$15.92
|
Health
51.4
|
|
Software - Infrastructure
|
644.48M
|
61.9
Composite
|
$35.03
|
Profitability
71.5
|
|
VTEX
VTEX
Software - Application
|
627.39M
|
53.9
Composite
|
$3.68
|
Efficiency
65.0
|
|
NABL
N-able, Inc.
Information Technology Services
|
600.93M
|
51.6
Composite
|
$3.19
|
Efficiency
88.4
|
|
MAX
MediaAlpha, Inc.
Internet Content & Information
|
594.68M
|
50.5
Composite
|
$11.00
|
Valuation
55.4
|
|
Software - Infrastructure
|
586.70M
|
52.0
Composite
|
$7.96
|
Health
58.3
|
|
Software - Infrastructure
|
577.31M
|
49.3
Composite
|
$7.01
|
Profitability
58.7
|
|
IIIV
i3 Verticals, Inc.
Software - Infrastructure
|
561.14M
|
56.1
Composite
|
$20.09
|
Efficiency
77.1
|
|
NRDS
NerdWallet, Inc.
Internet Content & Information
|
559.95M
|
60.0
Composite
|
$8.51
|
Efficiency
77.7
|
|
PUBM
PubMatic, Inc.
Software - Application
|
534.56M
|
51.5
Composite
|
$11.51
|
Efficiency
69.6
|
|
SSTK
Shutterstock, Inc.
Internet Content & Information
|
510.66M
|
56.7
Composite
|
$13.90
|
Efficiency
64.6
|
|
OSPN
OneSpan Inc.
Software - Infrastructure
|
501.60M
|
61.8
Composite
|
$13.53
|
Profitability
76.0
|
|
AIOT
PowerFleet, Inc.
Software - Infrastructure
|
490.45M
|
55.4
Composite
|
$3.71
|
Growth
63.3
|
|
Software - Application
|
490.28M
|
53.3
Composite
|
$1.56
|
Profitability
80.4
|
|
OOMA
Ooma, Inc.
Software - Application
|
482.18M
|
57.7
Composite
|
$17.55
|
Efficiency
66.5
|
|
RPD
Rapid7, Inc.
Software - Infrastructure
|
472.49M
|
56.2
Composite
|
$7.07
|
Efficiency
77.5
|
|
Software - Infrastructure
|
467.35M
|
46.4
Composite
|
$16.90
|
Growth
71.1
|
|
ARQQ
Arqit Quantum Inc.
Software - Infrastructure
|
452.99M
|
31.5
Composite
|
$27.32
|
Growth
51.8
|
|
Software - Application
|
452.96M
|
54.9
Composite
|
$4.51
|
Efficiency
74.2
|
|
SMWB
Similarweb Ltd.
Software - Application
|
451.13M
|
43.7
Composite
|
$5.15
|
Efficiency
58.9
|
|
BMBL
Bumble Inc.
Internet Content & Information
|
445.94M
|
37.5
Composite
|
$2.94
|
Efficiency
65.7
|
|
CRNC
Cerence Inc.
Software - Application
|
445.10M
|
59.1
Composite
|
$9.85
|
Efficiency
63.3
|
|
Information Technology Services
|
435.69M
|
47.9
Composite
|
$5.21
|
Efficiency
60.2
|
|
CINT
CI&T Inc
Software - Infrastructure
|
433.15M
|
53.0
Composite
|
$3.37
|
Profitability
64.0
|
|
PAYS
Paysign, Inc.
Software - Infrastructure
|
431.59M
|
64.8
Composite
|
$7.72
|
Growth
76.7
|
|
DCBO
Docebo Inc.
Software - Application
|
427.10M
|
62.9
Composite
|
$16.87
|
Profitability
72.3
|
|
Information Technology Services
|
421.10M
|
29.0
Composite
|
$3.22
|
Efficiency
64.9
|
|
TASK
TaskUs, Inc.
Information Technology Services
|
418.51M
|
36.7
Composite
|
$4.57
|
Health
49.8
|
|
Software - Infrastructure
|
416.81M
|
50.5
Composite
|
$13.85
|
Profitability
64.0
|
|
YEXT
Yext, Inc.
Software - Infrastructure
|
416.03M
|
52.2
Composite
|
$4.15
|
Valuation
70.0
|
|
Internet Content & Information
|
414.39M
|
43.8
Composite
|
$0.99
|
Health
51.2
|
|
MTLS
Materialise NV
Software - Application
|
407.00M
|
54.0
Composite
|
$6.89
|
Efficiency
61.0
|
|
Software - Infrastructure
|
394.40M
|
44.6
Composite
|
$4.55
|
Health
55.8
|
|
Software - Application
|
394.29M
|
49.8
Composite
|
$6.56
|
Efficiency
68.5
|
|
Internet Content & Information
|
393.38M
|
29.6
Composite
|
$4.34
|
Efficiency
39.3
|
|
BLND
Blend Labs, Inc.
Software - Application
|
392.23M
|
47.6
Composite
|
$1.62
|
Profitability
56.1
|
|
SVCO
Silvaco Group, Inc.
Software - Application
|
390.63M
|
31.4
Composite
|
$11.95
|
Growth
43.1
|
|
IBEX
IBEX Limited
Information Technology Services
|
389.76M
|
48.8
Composite
|
$29.11
|
Health
56.1
|
|
RMNI
Rimini Street, Inc.
Software - Application
|
376.70M
|
50.6
Composite
|
$4.07
|
Profitability
59.5
|
|
XPER
Xperi Inc.
Software - Application
|
371.69M
|
59.7
Composite
|
$7.70
|
Profitability
77.6
|
|
Internet Content & Information
|
363.10M
|
54.7
Composite
|
$10.10
|
Efficiency
86.7
|
|
ALLT
Allot Ltd.
Software - Infrastructure
|
362.03M
|
57.6
Composite
|
$7.40
|
Valuation
71.4
|
|
TRVG
trivago N.V.
Internet Content & Information
|
350.68M
|
53.2
Composite
|
$4.96
|
Efficiency
59.7
|
|
BKKT
Bakkt Holdings, Inc.
Software - Infrastructure
|
349.31M
|
28.5
Composite
|
$7.83
|
Health
39.3
|
|
ONTF
ON24, Inc.
Software - Application
|
348.25M
|
37.1
Composite
|
$8.10
|
Efficiency
57.5
|
|
PERI
Perion Network Ltd
Internet Content & Information
|
342.17M
|
42.4
Composite
|
$8.70
|
Valuation
49.5
|
|
PSFE
Paysafe Limited
Software - Infrastructure
|
339.81M
|
52.0
Composite
|
$6.63
|
Valuation
59.8
|
|
Software - Application
|
332.50M
|
41.8
Composite
|
$10.92
|
Growth
55.5
|
|
API
Agora, Inc.
Software - Application
|
328.05M
|
51.4
Composite
|
$3.88
|
Efficiency
63.5
|
|
TSSI
TSS, Inc.
Information Technology Services
|
327.06M
|
55.2
Composite
|
$11.65
|
Growth
79.9
|
|
CURR
Currenc Group Inc
Software - Application
|
323.37M
|
36.9
Composite
|
$2.88
|
Efficiency
44.6
|
|
XNET
Xunlei Limited
Software - Infrastructure
|
320.20M
|
62.7
Composite
|
$5.03
|
Profitability
73.1
|
|
Software - Infrastructure
|
315.74M
|
43.8
Composite
|
$4.22
|
Efficiency
50.7
|
|
TROO
TROOPS, Inc.
Software - Application
|
309.07M
|
40.8
Composite
|
$2.53
|
Efficiency
63.9
|
|
ALIT
Alight, Inc.
Software - Application
|
297.57M
|
31.8
Composite
|
$0.56
|
Efficiency
51.2
|
|
DVLT
Datavault AI Inc.
Software - Infrastructure
|
287.90M
|
39.5
Composite
|
$0.34
|
Growth
72.4
|
|
PDYN
Palladyne AI Corp.
Software - Infrastructure
|
275.43M
|
41.9
Composite
|
$5.83
|
Growth
55.4
|
|
JDZG
JIADE LIMITED
Information Technology Services
|
271.57M
|
33.6
Composite
|
$50.00
|
Growth
46.5
|
|
Software - Infrastructure
|
269.93M
|
34.8
Composite
|
$3.18
|
Efficiency
74.9
|
|
TTGT
TechTarget, Inc.
Information Technology Services
|
266.10M
|
32.6
Composite
|
$3.68
|
Efficiency
73.8
|
|
Information Technology Services
|
263.98M
|
57.0
Composite
|
$10.48
|
Valuation
71.6
|
|
MTC
MMTec, Inc.
Software - Application
|
259.92M
|
25.5
Composite
|
$2.61
|
Efficiency
44.5
|
|
Information Technology Services
|
255.17M
|
24.1
Composite
|
$3.50
|
Efficiency
46.0
|
|
Software - Application
|
235.64M
|
36.8
Composite
|
$5.29
|
Growth
54.1
|
|
EGHT
8x8 Inc
Software - Application
|
232.96M
|
56.8
Composite
|
$1.65
|
Health
62.9
|
|
ZH
Zhihu Inc.
Internet Content & Information
|
230.92M
|
34.7
Composite
|
$2.95
|
Profitability
39.3
|
|
Software - Application
|
221.11M
|
61.1
Composite
|
$6.68
|
Profitability
72.5
|
|
ASUR
Asure Software Inc
Software - Application
|
220.85M
|
50.9
Composite
|
$7.70
|
Efficiency
70.5
|
|
LAW
CS Disco, Inc.
Software - Application
|
219.98M
|
35.8
Composite
|
$3.43
|
Efficiency
52.0
|
|
SMRT
SmartRent, Inc.
Software - Application
|
219.84M
|
30.0
Composite
|
$1.14
|
Health
39.9
|
|
ANGI
Angi Inc.
Internet Content & Information
|
205.48M
|
55.7
Composite
|
$5.08
|
Efficiency
64.1
|
|
Information Technology Services
|
201.63M
|
34.7
Composite
|
$1.30
|
Health
47.6
|
|
Information Technology Services
|
199.70M
|
39.0
Composite
|
$20.20
|
Valuation
63.0
|
|
Information Technology Services
|
194.20M
|
54.5
Composite
|
$4.06
|
Efficiency
74.6
|
|
KLTR
Kaltura, Inc.
Software - Application
|
192.48M
|
48.1
Composite
|
$1.28
|
Efficiency
62.3
|
|
Software - Infrastructure
|
188.82M
|
28.3
Composite
|
$11.47
|
Efficiency
54.5
|
|
NRDY
Nerdy Inc.
Software - Application
|
170.00M
|
29.0
Composite
|
$0.89
|
Health
40.3
|
|
PERF
Perfect Corp.
Software - Application
|
169.07M
|
59.3
Composite
|
$1.66
|
Efficiency
77.8
|
|
EGAN
eGain Corporation
Software - Application
|
167.72M
|
59.4
Composite
|
$6.11
|
Efficiency
73.1
|
|
THRY
Thryv Holdings, Inc.
Internet Content & Information
|
164.09M
|
53.6
Composite
|
$3.70
|
Valuation
56.2
|
|
DMRC
Digimarc Corporation
Information Technology Services
|
159.77M
|
29.3
Composite
|
$7.21
|
Efficiency
56.4
|
|
Software - Infrastructure
|
159.67M
|
40.3
Composite
|
$5.32
|
Profitability
51.5
|
|
DHX
DHI Group, Inc.
Software - Application
|
158.10M
|
49.3
Composite
|
$3.54
|
Efficiency
67.6
|
|
JFIN
Jiayin Group Inc.
Internet Content & Information
|
157.77M
|
61.4
Composite
|
$3.01
|
Profitability
81.4
|
|
TRAK
ReposiTrak, Inc.
Software - Application
|
157.20M
|
66.9
Composite
|
$8.65
|
Valuation
76.3
|
|
TCX
Tucows Inc.
Software - Infrastructure
|
148.73M
|
35.6
Composite
|
$13.34
|
Profitability
46.8
|
|
Software - Application
|
140.09M
|
31.6
Composite
|
$1.63
|
Growth
55.4
|
|
Internet Content & Information
|
139.12M
|
41.7
Composite
|
$4.60
|
Health
50.7
|
|
DAVA
Endava plc
Software - Infrastructure
|
137.92M
|
47.5
Composite
|
$2.61
|
Health
57.4
|
|
EXFY
Expensify, Inc.
Software - Application
|
135.98M
|
40.5
Composite
|
$1.41
|
Efficiency
49.9
|
|
Software - Infrastructure
|
125.45M
|
51.3
Composite
|
$3.70
|
Profitability
58.8
|
|
RDZN
Roadzen, Inc.
Software - Application
|
122.38M
|
31.5
Composite
|
$1.45
|
Growth
36.8
|
|
VERI
Veritone, Inc.
Software - Infrastructure
|
118.98M
|
29.6
Composite
|
$1.28
|
Efficiency
42.6
|
|
Software - Infrastructure
|
117.72M
|
30.4
Composite
|
$18.09
|
Growth
49.6
|
|
RYDE
Ryde Group Ltd.
Software - Application
|
112.02M
|
29.1
Composite
|
$0.66
|
Growth
57.6
|
|
DOMO
Domo, Inc.
Software - Application
|
110.17M
|
42.6
Composite
|
$2.44
|
Profitability
49.9
|
|
SSTI
SoundThinking, Inc.
Software - Application
|
108.68M
|
36.0
Composite
|
$8.39
|
Valuation
41.9
|
|
ZENA
ZenaTech, Inc.
Software - Infrastructure
|
108.61M
|
31.7
Composite
|
$1.40
|
Health
43.7
|
|
PODC
PodcastOne, Inc.
Internet Content & Information
|
107.20M
|
46.3
Composite
|
$3.90
|
Growth
53.4
|
|
BZFD
BuzzFeed, Inc.
Internet Content & Information
|
104.04M
|
26.9
Composite
|
$1.34
|
Health
45.9
|
|
TTEC
TTEC Holdings, Inc.
Information Technology Services
|
99.99M
|
33.3
Composite
|
$2.06
|
Efficiency
52.5
|
|
SCOR
comScore, Inc.
Internet Content & Information
|
99.17M
|
42.4
Composite
|
$6.57
|
Profitability
52.0
|
|
CMCM
Cheetah Mobile Inc.
Internet Content & Information
|
94.40M
|
36.8
Composite
|
$3.04
|
Growth
49.3
|
|
Software - Application
|
90.75M
|
57.5
Composite
|
$1.19
|
Profitability
71.9
|
|
Software - Infrastructure
|
88.85M
|
50.1
Composite
|
$2.58
|
Growth
68.4
|
|
CSPI
CSP Inc.
Information Technology Services
|
88.23M
|
42.8
Composite
|
$8.76
|
Valuation
49.4
|
|
Software - Application
|
85.20M
|
33.1
Composite
|
$0.61
|
Health
44.9
|
|
REKR
Rekor Systems, Inc.
Software - Infrastructure
|
83.51M
|
34.8
Composite
|
$0.61
|
Growth
42.9
|
|
Software - Application
|
82.00M
|
65.2
Composite
|
$4.05
|
Efficiency
80.2
|
|
ARBE
Arbe Robotics Ltd.
Software - Infrastructure
|
79.72M
|
35.9
Composite
|
$0.65
|
Growth
51.2
|
|
Software - Application
|
75.30M
|
59.3
Composite
|
$2.25
|
Valuation
74.6
|
|
AEYE
AudioEye, Inc.
Software - Application
|
74.40M
|
51.3
Composite
|
$5.98
|
Health
58.5
|
|
SEAT
Vivid Seats Inc.
Internet Content & Information
|
71.75M
|
23.9
Composite
|
$6.53
|
Efficiency
46.2
|
|
Internet Content & Information
|
71.58M
|
44.6
Composite
|
$9.63
|
Profitability
52.7
|
|
Software - Infrastructure
|
71.24M
|
35.6
Composite
|
$0.07
|
Growth
52.2
|
|
BLBX
Blackboxstocks Inc.
Software - Application
|
69.00M
|
31.0
Composite
|
$8.86
|
Efficiency
50.3
|
|
CTM
Castellum, Inc.
Information Technology Services
|
68.53M
|
37.3
Composite
|
$0.72
|
Growth
65.8
|
|
ALYAF
Alithya Group Inc.
Information Technology Services
|
66.77M
|
42.1
Composite
|
$0.69
|
Efficiency
72.1
|
|
Software - Application
|
63.56M
|
46.9
Composite
|
$0.97
|
Profitability
49.5
|
|
ILLR
Triller Group Inc.
Software - Application
|
60.23M
|
28.6
Composite
|
$3.05
|
Efficiency
49.7
|
|
LIDR
AEye, Inc.
Software - Infrastructure
|
59.75M
|
33.9
Composite
|
$1.29
|
Growth
45.9
|
|
IZEA
IZEA Worldwide, Inc.
Internet Content & Information
|
59.72M
|
35.0
Composite
|
$3.41
|
Profitability
46.0
|
|
Software - Infrastructure
|
59.45M
|
50.4
Composite
|
$7.98
|
Profitability
60.8
|
|
USIO
Usio, Inc.
Software - Infrastructure
|
59.33M
|
45.9
Composite
|
$2.15
|
Profitability
55.0
|
|
UPXI
Upexi, Inc.
Internet Content & Information
|
53.40M
|
36.4
Composite
|
$0.76
|
Health
53.7
|
|
Internet Content & Information
|
53.30M
|
46.1
Composite
|
$1.12
|
Profitability
58.8
|
|
Software - Application
|
52.97M
|
48.8
Composite
|
$4.46
|
Health
57.0
|
|
Software - Infrastructure
|
49.40M
|
33.8
Composite
|
$11.79
|
Efficiency
45.4
|
|
MLGO
MicroAlgo, Inc.
Software - Infrastructure
|
44.20M
|
49.4
Composite
|
$4.04
|
Profitability
59.2
|
|
SOGP
Sound Group Inc.
Internet Content & Information
|
42.87M
|
61.4
Composite
|
$10.27
|
Growth
73.3
|
|
MAPS
WM Technology, Inc.
Software - Application
|
42.72M
|
54.0
Composite
|
$0.38
|
Efficiency
68.8
|
|
Software - Application
|
41.95M
|
41.5
Composite
|
$3.94
|
Health
51.9
|
|
LGCL
Lucas GC Limited
Software - Application
|
40.24M
|
45.6
Composite
|
$0.94
|
Profitability
56.5
|
|
ZDGE
Zedge, Inc.
Internet Content & Information
|
39.34M
|
57.9
Composite
|
$3.01
|
Valuation
65.3
|
|
Internet Content & Information
|
39.11M
|
35.7
Composite
|
$0.88
|
Profitability
39.7
|
|
PHUN
Phunware, Inc.
Software - Application
|
38.65M
|
36.7
Composite
|
$1.89
|
Growth
49.6
|
|
VTSI
VirTra, Inc.
Software - Application
|
35.39M
|
50.7
Composite
|
$3.13
|
Efficiency
61.9
|
|
Software - Application
|
33.43M
|
34.5
Composite
|
$9.06
|
Growth
71.0
|
|
Internet Content & Information
|
32.39M
|
36.4
Composite
|
$0.39
|
Profitability
43.3
|
|
GIFT
Giftify, Inc.
Internet Content & Information
|
32.03M
|
32.3
Composite
|
$0.94
|
Growth
39.7
|
|
Software - Infrastructure
|
30.97M
|
45.3
Composite
|
$6.50
|
Profitability
61.7
|
|
JFU
9F Inc.
Information Technology Services
|
30.14M
|
56.8
Composite
|
$2.56
|
Efficiency
81.0
|
|
AWRE
Aware, Inc.
Software - Application
|
28.99M
|
39.2
Composite
|
$1.34
|
Efficiency
57.9
|
|
CLPS
CLPS Incorporation
Information Technology Services
|
28.05M
|
34.5
Composite
|
$0.94
|
Efficiency
56.2
|
|
Software - Infrastructure
|
28.01M
|
31.0
Composite
|
$2.31
|
Efficiency
44.0
|
|
Software - Infrastructure
|
28.01M
|
49.1
Composite
|
$0.19
|
Profitability
61.3
|
|
INLX
Intellinetics, Inc.
Software - Application
|
27.46M
|
44.2
Composite
|
$6.11
|
Efficiency
62.4
|
|
Software - Infrastructure
|
22.83M
|
59.0
Composite
|
$3.83
|
Efficiency
72.5
|
|
LPSN
LivePerson, Inc.
Software - Application
|
22.16M
|
30.0
Composite
|
$1.82
|
Profitability
40.1
|
|
Software - Application
|
22.04M
|
29.5
Composite
|
$0.37
|
Health
41.8
|
|
Software - Application
|
21.85M
|
28.4
Composite
|
$3.98
|
Health
43.3
|
|
Software - Application
|
21.51M
|
53.9
Composite
|
$1.65
|
Growth
72.2
|
|
SAIH
SAIHEAT Limited
Information Technology Services
|
21.31M
|
20.1
Composite
|
$11.63
|
Efficiency
45.4
|
|
Software - Application
|
20.65M
|
35.0
Composite
|
$1.33
|
Efficiency
56.1
|
|
MNDO
MIND C.T.I. Ltd.
Software - Application
|
20.60M
|
58.6
Composite
|
$1.01
|
Profitability
65.7
|
|
HPAI
Helport AI Limited
Software - Infrastructure
|
19.67M
|
56.1
Composite
|
$0.52
|
Profitability
63.0
|
|
Software - Application
|
19.46M
|
34.1
Composite
|
$1.25
|
Growth
56.3
|
|
Software - Infrastructure
|
18.96M
|
33.4
Composite
|
$0.34
|
Growth
60.5
|
|
PSQH
PSQ Holdings, Inc.
Software - Application
|
18.84M
|
35.0
Composite
|
$0.39
|
Efficiency
51.1
|
|
Software - Application
|
18.49M
|
27.9
Composite
|
$5.67
|
Profitability
35.5
|
|
Software - Application
|
18.42M
|
27.8
Composite
|
$0.81
|
Health
45.1
|
|
INUV
Inuvo, Inc.
Software - Application
|
18.40M
|
35.1
Composite
|
$1.24
|
Efficiency
52.8
|
|
Internet Content & Information
|
18.40M
|
41.9
Composite
|
$1.53
|
Profitability
51.2
|
|
AUID
authID Inc.
Software - Infrastructure
|
17.42M
|
33.7
Composite
|
$1.09
|
Growth
46.0
|
|
NXPL
NextPlat Corp
Software - Application
|
17.42M
|
34.3
Composite
|
$6.43
|
Efficiency
40.8
|
|
CYN
Cyngn Inc.
Software - Application
|
16.73M
|
32.3
Composite
|
$1.16
|
Growth
54.3
|
|
Software - Application
|
16.49M
|
30.6
Composite
|
$4.00
|
Valuation
38.5
|
|
Software - Application
|
16.32M
|
33.3
Composite
|
$9.85
|
Efficiency
58.1
|
|
VEEA
Veea Inc.
Information Technology Services
|
15.22M
|
27.5
Composite
|
$0.30
|
Growth
52.5
|
|
ELWS
Earlyworks Co., Ltd.
Software - Application
|
15.19M
|
25.2
Composite
|
$4.74
|
Efficiency
39.1
|
|
SWVL
Swvl Holdings Corp
Software - Application
|
14.35M
|
38.2
Composite
|
$1.44
|
Profitability
50.3
|
|
INTZ
Intrusion Inc.
Software - Infrastructure
|
14.03M
|
30.4
Composite
|
$0.69
|
Efficiency
52.0
|
|
TAOP
Taoping Inc.
Software - Infrastructure
|
14.02M
|
28.7
Composite
|
$1.46
|
Health
42.7
|
|
Software - Application
|
13.95M
|
23.4
Composite
|
$2.73
|
Efficiency
47.8
|
|
Software - Infrastructure
|
13.20M
|
45.9
Composite
|
$1.05
|
Profitability
54.7
|
|
Software - Application
|
12.70M
|
41.3
Composite
|
$4.31
|
Efficiency
60.2
|
|
Software - Infrastructure
|
12.66M
|
0.0
Composite
|
$0.60
|
No pillar score
-
|
|
CXAI
CXApp Inc.
Software - Application
|
12.32M
|
31.4
Composite
|
$0.18
|
Health
39.4
|
|
ULY
Urgent.ly Inc.
Software - Application
|
12.07M
|
27.1
Composite
|
$5.50
|
Profitability
38.1
|
|
CISO
CISO Global, Inc.
Software - Infrastructure
|
11.42M
|
33.1
Composite
|
$0.25
|
Health
42.1
|
|
NUKK
Nukkleus Inc.
Software - Application
|
11.10M
|
0.0
Composite
|
$0.67
|
No pillar score
-
|
|
Software - Infrastructure
|
10.60M
|
34.3
Composite
|
$5.25
|
Growth
56.3
|
|
UBXG
U-BX Technology Ltd.
Software - Infrastructure
|
10.08M
|
33.9
Composite
|
$8.32
|
Health
43.3
|
|
Information Technology Services
|
10.04M
|
23.3
Composite
|
$0.14
|
Growth
38.6
|
|
JTAI
Jet.AI Inc.
Software - Application
|
9.81M
|
36.5
Composite
|
$6.90
|
Profitability
47.8
|
|
NVNI
Nvni Group Limited
Software - Application
|
9.63M
|
30.5
Composite
|
$0.96
|
Profitability
39.7
|
|
Software - Application
|
9.54M
|
30.7
Composite
|
$0.15
|
Health
58.0
|
|
RVYL
Ryvyl Inc.
Software - Infrastructure
|
8.60M
|
31.2
Composite
|
$12.02
|
Efficiency
57.4
|
|
Information Technology Services
|
8.08M
|
31.7
Composite
|
$4.58
|
Efficiency
48.7
|
|
Internet Content & Information
|
7.86M
|
26.8
Composite
|
$2.14
|
Efficiency
50.0
|
|
IFBD
Infobird Co., Ltd
Software - Application
|
7.86M
|
30.1
Composite
|
$0.96
|
Health
43.5
|
|
Information Technology Services
|
7.70M
|
33.1
Composite
|
$0.42
|
Growth
41.6
|
|
DTSS
Datasea Inc.
Software - Infrastructure
|
7.63M
|
43.6
Composite
|
$0.73
|
Growth
60.4
|
|
IDAI
T Stamp Inc.
Software - Application
|
7.39M
|
29.1
Composite
|
$1.32
|
Growth
43.3
|
|
Information Technology Services
|
7.39M
|
30.1
Composite
|
$3.41
|
Efficiency
50.3
|
|
Information Technology Services
|
7.17M
|
25.2
Composite
|
$1.52
|
Efficiency
42.3
|
|
Software - Infrastructure
|
6.77M
|
40.5
Composite
|
$0.28
|
Growth
71.9
|
|
AUUD
Auddia Inc.
Software - Application
|
6.76M
|
28.3
Composite
|
$1.26
|
Growth
49.7
|
|
LCFY
Locafy Limited
Internet Content & Information
|
6.73M
|
30.6
Composite
|
$3.74
|
Efficiency
52.5
|
|
DATS
DatChat, Inc.
Software - Application
|
6.66M
|
0.0
Composite
|
$2.65
|
No pillar score
-
|
|
ZENV
Zenvia Inc.
Software - Application
|
6.58M
|
40.7
Composite
|
$0.10
|
Health
48.6
|
|
Software - Application
|
6.42M
|
28.7
Composite
|
$1.10
|
Efficiency
44.5
|
|
Software - Application
|
6.42M
|
31.2
Composite
|
$3.83
|
Efficiency
43.6
|
|
AMST
Amesite Inc.
Software - Application
|
6.32M
|
32.6
Composite
|
$1.08
|
Growth
47.8
|
|
Software - Application
|
6.05M
|
32.3
Composite
|
$1.24
|
Growth
51.2
|
|
Software - Infrastructure
|
5.60M
|
23.3
Composite
|
$0.38
|
Growth
33.1
|
|
Software - Infrastructure
|
5.03M
|
28.8
Composite
|
$1.51
|
Efficiency
34.7
|
|
Internet Content & Information
|
4.63M
|
30.7
Composite
|
$3.08
|
Growth
42.1
|
|
Software - Application
|
4.44M
|
61.6
Composite
|
$2.15
|
Profitability
76.6
|
|
Software - Application
|
4.22M
|
35.1
Composite
|
$2.90
|
Growth
49.5
|
|
Software - Application
|
3.90M
|
33.2
Composite
|
$0.66
|
Growth
48.5
|
|
Software - Application
|
3.84M
|
44.1
Composite
|
$3.02
|
Profitability
56.2
|
|
Software - Application
|
3.68M
|
34.2
Composite
|
$1.20
|
Efficiency
54.4
|
|
CETX
Cemtrex Inc.
Software - Infrastructure
|
3.60M
|
32.6
Composite
|
$3.24
|
Health
48.8
|
|
Information Technology Services
|
3.31M
|
24.9
Composite
|
$0.12
|
Efficiency
40.3
|
|
Information Technology Services
|
3.26M
|
37.7
Composite
|
$2.82
|
Efficiency
79.8
|
|
Software - Application
|
2.13M
|
30.8
Composite
|
$0.54
|
Growth
42.6
|
|
MYSZ
My Size, Inc.
Software - Application
|
2.08M
|
25.8
Composite
|
$0.43
|
Growth
37.6
|
|
HKIT
Hitek Global Inc.
Software - Application
|
2.04M
|
46.2
Composite
|
$0.22
|
Profitability
52.9
|
|
Software - Application
|
2.01M
|
34.8
Composite
|
$0.01
|
Profitability
45.9
|
|
AIXI
XIAO-I Corporation
Software - Application
|
1.97M
|
25.2
Composite
|
$2.14
|
Efficiency
35.3
|
|
Internet Content & Information
|
1.78M
|
31.0
Composite
|
$0.27
|
Health
39.3
|
|
Software - Infrastructure
|
1.47M
|
0.0
Composite
|
$0.00
|
No pillar score
-
|
|
Software - Application
|
634,360
|
34.1
Composite
|
$0.05
|
Health
39.1
|
|
DGLY
Digital Ally, Inc.
Internet Content & Information
|
600,000
|
33.4
Composite
|
$0.92
|
Profitability
38.1
|
|
EPWK
EPWK Holdings Ltd.
Software - Application
|
568,698
|
25.5
Composite
|
$0.01
|
Growth
31.4
|
|
Software - Application
|
505,870
|
26.6
Composite
|
$0.59
|
Efficiency
52.3
|
|
Software - Application
|
312,236
|
37.2
Composite
|
$0.01
|
Efficiency
51.1
|
|
SRAX
SRAX, Inc.
Software - Application
|
17,663
|
26.1
Composite
|
$0.00
|
Profitability
36.6
|
|
Software - Infrastructure
|
141
|
38.2
Composite
|
$0.42
|
Growth
64.0
|
|
Software - Application
|
-
|
18.7
Composite
|
-
|
Efficiency
40.9
|
|
Software - Infrastructure
|
-
|
33.3
Composite
|
$0.02
|
Growth
48.8
|
|
Software - Application
|
-
|
28.9
Composite
|
$0.07
|
Efficiency
32.9
|
|
Software - Application
|
-
|
0.0
Composite
|
-
|
No pillar score
-
|
|
ANSS
ANSYS, Inc.
Software - Application
|
-
|
64.6
Composite
|
-
|
Efficiency
86.7
|
|
Software - Infrastructure
|
-
|
31.5
Composite
|
-
|
Growth
65.7
|
|
Software - Infrastructure
|
-
|
30.9
Composite
|
$0.13
|
Growth
62.6
|
|
Software - Application
|
-
|
0.0
Composite
|
-
|
No pillar score
-
|
|
AUUDW
Auddia Inc.
Software - Application
|
-
|
29.9
Composite
|
$0.04
|
Growth
50.6
|
|
AUROW
Aurora Innovation, Inc.
Information Technology Services
|
-
|
22.0
Composite
|
$0.25
|
Growth
38.8
|
|
AVPTW
AvePoint, Inc.
Software - Infrastructure
|
-
|
62.2
Composite
|
-
|
Growth
77.9
|
|
Software - Infrastructure
|
-
|
0.0
Composite
|
-
|
No pillar score
-
|
|
Software - Application
|
-
|
0.0
Composite
|
$0.31
|
No pillar score
-
|
|
Software - Application
|
-
|
37.4
Composite
|
$0.01
|
Growth
60.7
|
|
Software - Application
|
-
|
0.0
Composite
|
-
|
No pillar score
-
|
|
BTCM
BIT Mining Limited
Information Technology Services
|
-
|
0.0
Composite
|
-
|
No pillar score
-
|
|
SQ
Block, Inc.
Software - Infrastructure
|
-
|
0.0
Composite
|
-
|
No pillar score
-
|
|
Software - Application
|
-
|
35.7
Composite
|
-
|
Efficiency
48.7
|
|
Software - Infrastructure
|
-
|
28.5
Composite
|
$0.28
|
Growth
56.9
|
|
BCOV
Brightcove Inc.
Software - Application
|
-
|
0.0
Composite
|
-
|
No pillar score
-
|
|
BZFDW
BuzzFeed, Inc.
Internet Content & Information
|
-
|
30.4
Composite
|
$0.01
|
Health
46.2
|
|
Software - Application
|
-
|
0.0
Composite
|
-
|
No pillar score
-
|
|
Software - Infrastructure
|
-
|
34.3
Composite
|
$0.02
|
Growth
49.1
|
|
Internet Content & Information
|
-
|
40.7
Composite
|
$0.01
|
Profitability
48.0
|
|
CORZW
Core Scientific, Inc.
Software - Infrastructure
|
-
|
30.3
Composite
|
$9.15
|
Efficiency
48.4
|
|
Software - Infrastructure
|
-
|
35.4
Composite
|
$15.34
|
Efficiency
47.0
|
|
CCRD
CoreCard Corporation
Software - Application
|
-
|
0.0
Composite
|
-
|
No pillar score
-
|
|
BASE
Couchbase, Inc.
Software - Infrastructure
|
-
|
0.0
Composite
|
-
|
No pillar score
-
|
|
Software - Infrastructure
|
-
|
59.2
Composite
|
$408.85
|
Efficiency
73.0
|
|
Information Technology Services
|
-
|
47.7
Composite
|
$0.08
|
Growth
70.7
|
|
Software - Application
|
-
|
0.0
Composite
|
$0.17
|
No pillar score
-
|
|
DAVEW
Dave Inc. Warrants
Software - Application
|
-
|
75.8
Composite
|
$0.61
|
Growth
92.3
|
|
FAASW
DigiAsia Corp.
Software - Infrastructure
|
-
|
0.0
Composite
|
-
|
No pillar score
-
|
|
FAAS
DigiAsia Corp.
Software - Infrastructure
|
-
|
48.0
Composite
|
-
|
Growth
63.2
|
|
Software - Application
|
-
|
28.2
Composite
|
-
|
Efficiency
56.4
|
|
ENFN
Enfusion, Inc.
Software - Application
|
-
|
57.2
Composite
|
-
|
Efficiency
69.2
|
|
Software - Application
|
-
|
0.0
Composite
|
-
|
No pillar score
-
|
|
FI
Fiserv, Inc.
Information Technology Services
|
-
|
0.0
Composite
|
-
|
No pillar score
-
|
|
Software - Infrastructure
|
-
|
0.0
Composite
|
-
|
No pillar score
-
|
|
Software - Infrastructure
|
-
|
52.6
Composite
|
$0.31
|
Growth
78.7
|
|
Software - Application
|
-
|
52.7
Composite
|
$0.04
|
Growth
67.6
|
|
HCP
HashiCorp, Inc.
Software - Infrastructure
|
-
|
0.0
Composite
|
-
|
No pillar score
-
|
|
Software - Infrastructure
|
-
|
57.1
Composite
|
$0.12
|
Profitability
65.1
|
|
Software - Infrastructure
|
-
|
29.5
Composite
|
$0.01
|
Efficiency
34.6
|
|
INFA
Informatica Inc.
Software - Infrastructure
|
-
|
56.2
Composite
|
-
|
Efficiency
83.3
|
|
Software - Application
|
-
|
0.0
Composite
|
-
|
No pillar score
-
|
|
JAMF
Jamf Holding Corp.
Software - Application
|
-
|
0.0
Composite
|
$13.05
|
No pillar score
-
|
|
JNVR
Janover Inc.
Software - Infrastructure
|
-
|
0.0
Composite
|
-
|
No pillar score
-
|
|
YY
JOYY Inc.
Internet Content & Information
|
-
|
0.0
Composite
|
-
|
No pillar score
-
|
|
KPLTW
Katapult Holdings, Inc.
Software - Infrastructure
|
-
|
41.7
Composite
|
$0.00
|
Profitability
59.1
|
|
Software - Application
|
-
|
27.1
Composite
|
-
|
Efficiency
35.1
|
|
LDTCW
LeddarTech Holdings Inc.
Software - Application
|
-
|
27.1
Composite
|
$0.00
|
Efficiency
35.1
|
|
Internet Content & Information
|
-
|
0.0
Composite
|
-
|
No pillar score
-
|
|
LCFYW
Locafy Limited
Internet Content & Information
|
-
|
24.9
Composite
|
$2.75
|
Efficiency
76.5
|
|
Software - Application
|
-
|
0.0
Composite
|
$14.29
|
No pillar score
-
|
|
Software - Application
|
-
|
0.0
Composite
|
$0.10
|
No pillar score
-
|
|
Software - Application
|
-
|
37.2
Composite
|
-
|
Health
56.3
|
|
MTTR
Matterport, Inc.
Software - Application
|
-
|
0.0
Composite
|
-
|
No pillar score
-
|
|
MLNK
MeridianLink, Inc.
Software - Application
|
-
|
0.0
Composite
|
-
|
No pillar score
-
|
|
MOGO
Mogo Inc.
Software - Infrastructure
|
-
|
0.0
Composite
|
$1.15
|
No pillar score
-
|
|
Internet Content & Information
|
-
|
34.8
Composite
|
$0.06
|
Profitability
40.5
|
|
Software - Application
|
-
|
0.0
Composite
|
-
|
No pillar score
-
|
|
Software - Infrastructure
|
-
|
36.8
Composite
|
$0.05
|
Growth
60.6
|
|
Internet Content & Information
|
-
|
0.0
Composite
|
-
|
No pillar score
-
|
|
NNAVW
NextNav Inc. Warrant
Software - Infrastructure
|
-
|
35.5
Composite
|
$6.99
|
Growth
52.8
|
|
NXPLW
NextPlat Corp
Software - Application
|
-
|
36.3
Composite
|
$0.04
|
Growth
42.9
|
|
NUKKW
Nukkleus Inc.
Software - Application
|
-
|
0.0
Composite
|
$0.12
|
No pillar score
-
|
|
Software - Application
|
-
|
33.1
Composite
|
$0.03
|
Profitability
39.8
|
|
OBLG
Oblong Inc.
Software - Application
|
-
|
0.0
Composite
|
-
|
No pillar score
-
|
|
OLO
Olo Inc.
Software - Application
|
-
|
0.0
Composite
|
-
|
No pillar score
-
|
|
Software - Application
|
-
|
0.0
Composite
|
-
|
No pillar score
-
|
|
Internet Content & Information
|
-
|
32.5
Composite
|
$0.07
|
Health
44.1
|
|
Internet Content & Information
|
-
|
0.0
Composite
|
-
|
No pillar score
-
|
|
Software - Infrastructure
|
-
|
57.0
Composite
|
$0.08
|
Growth
63.2
|
|
PYCR
Paycor HCM, Inc.
Software - Application
|
-
|
0.0
Composite
|
$22.49
|
No pillar score
-
|
|
Software - Application
|
-
|
0.0
Composite
|
-
|
No pillar score
-
|
|
Software - Infrastructure
|
-
|
42.9
Composite
|
$1.04
|
Growth
91.9
|
|
RDZNW
Roadzen, Inc.
Software - Application
|
-
|
29.3
Composite
|
$0.12
|
Profitability
37.7
|
|
RUMBW
Rumble Inc.
Software - Application
|
-
|
34.6
Composite
|
$1.20
|
Growth
59.0
|
|
SAIHW
SAIHEAT Limited
Information Technology Services
|
-
|
18.9
Composite
|
$0.03
|
Efficiency
42.4
|
|
Software - Application
|
-
|
47.2
Composite
|
-
|
Efficiency
65.2
|
|
Software - Application
|
-
|
0.0
Composite
|
-
|
No pillar score
-
|
|
SCWX
SecureWorks Corp.
Software - Infrastructure
|
-
|
0.0
Composite
|
-
|
No pillar score
-
|
|
Software - Application
|
-
|
56.2
Composite
|
$0.01
|
Efficiency
67.4
|
|
SMAR
Smartsheet Inc.
Software - Application
|
-
|
0.0
Composite
|
-
|
No pillar score
-
|
|
Software - Infrastructure
|
-
|
0.0
Composite
|
-
|
No pillar score
-
|
|
SOUNW
SoundHound AI, Inc.
Software - Application
|
-
|
52.6
Composite
|
$2.70
|
Growth
83.3
|
|
SBIGW
SpringBig Holdings, Inc.
Software - Application
|
-
|
40.6
Composite
|
-
|
Profitability
52.8
|
|
Internet Content & Information
|
-
|
26.3
Composite
|
$2.11
|
Efficiency
32.6
|
|
Software - Application
|
-
|
57.3
Composite
|
-
|
Growth
72.7
|
|
Software - Infrastructure
|
-
|
57.0
Composite
|
$9.00
|
Efficiency
80.3
|
|
TBLAW
Taboola.com Ltd. Warrant
Internet Content & Information
|
-
|
53.6
Composite
|
$0.01
|
Efficiency
68.6
|
|
Software - Infrastructure
|
-
|
0.0
Composite
|
-
|
No pillar score
-
|
|
ILLRW
Triller Group Inc.
Software - Application
|
-
|
29.2
Composite
|
$0.09
|
Efficiency
49.7
|
|
TRUE
TrueCar, Inc.
Internet Content & Information
|
-
|
54.5
Composite
|
$2.54
|
Efficiency
83.4
|
|
VEEAW
Veea Inc.
Information Technology Services
|
-
|
28.6
Composite
|
$0.10
|
Growth
59.9
|
|
Software - Application
|
-
|
0.0
Composite
|
-
|
No pillar score
-
|
|
VRNT
Verint Systems Inc.
Software - Infrastructure
|
-
|
55.9
Composite
|
-
|
Valuation
81.4
|
|
VSSYW
Versus Systems Inc.
Software - Application
|
-
|
33.7
Composite
|
$0.01
|
Growth
47.6
|
|
VMEO
Vimeo, Inc.
Software - Application
|
-
|
0.0
Composite
|
-
|
No pillar score
-
|
|
SEATW
Vivid Seats Inc. Warrant
Internet Content & Information
|
-
|
23.4
Composite
|
$0.04
|
Efficiency
33.7
|
|
PETWW
Wag! Group Co.
Software - Application
|
-
|
35.4
Composite
|
$0.00
|
Efficiency
43.0
|
|
PET
Wag! Group Co.
Software - Application
|
-
|
0.0
Composite
|
$0.05
|
No pillar score
-
|
|
Information Technology Services
|
-
|
0.0
Composite
|
-
|
No pillar score
-
|
|
Software - Infrastructure
|
-
|
49.5
Composite
|
$0.05
|
Growth
100.0
|
|
Software - Application
|
-
|
0.0
Composite
|
-
|
No pillar score
-
|
Try a broader company name, ticker, sector, or industry keyword.
This framework combines industry-specific diagnostics, moat context, and peer benchmarks so each signal stays grounded in how this business model actually compounds.
We group software and SaaS businesses into a dedicated framework because their economics are asset-light, subscription-oriented, and often distorted by stock-based compensation, deferred revenue, and deliberate reinvestment. The money-flow layer follows revenue, gross profit, operating income, operating cash flow, free cash flow, and owner distributions while explicitly treating recurring-demand quality and cash conversion as first-class signals.
The trade-off and scoring layers reinforce that lens. Revenue growth, deferred revenue momentum, gross margin, Rule of 40, operating cash flow margin, and free-cash-flow margin matter more here than generic industrial return stacks alone. Safety also leans toward cash coverage and net debt posture rather than over-reading working-capital ratios that can be skewed by healthy deferred-revenue balances.
On the moat side, StatsAlpha(TM) looks for pricing power, recurring-revenue stickiness, innovation payoff, cash scalability, capital efficiency, and balance-sheet resilience. The goal is to separate durable software compounders from companies that are merely growing while the underlying economics weaken. This framework is for informational purposes only, not investment advice.
Each layer answers a different question: where value is created, what protects it, and how execution compares with the rest of the coverage set.
Benchmarks and narrative cues are meant to clarify what the framework is seeing in the data. They are not investment advice.
Coverage starts with the companies that actually operate inside this business model, so peer comparisons stay relevant instead of generic.
The Software & SaaS layer isolates the cash-flow mechanics, capital demands, and operating risk that matter most for this industry.
We then layer in Software & SaaS Specialized, pillar ranges, and peer leaders to show what strong execution looks like relative to the broader cohort.