Some things haven't changed much in the last year: Uber is still the most valuable VC-backed company in the US—by a longshot—and Airbnb still takes the number two spot.
But beyond those two tech juggernauts, quite a few private companies have moved up or down the list in recent months. In April, Elon Musk's SpaceX picked up more than $200 million of a round that's expected to top $500 million, valuing the aerospace business at nearly $25 billion and pushing it into the number three spot. And Stripe, an online payments company, more than doubled its valuation with a $245 million fundraise in September, bringing it to sixth place in our list. Several other businesses, including Instacart and Slack, have also upped their valuations.
We're using PitchBook data to track the 25 most valuable VC-backed companies in the US. We'll update the list with new additions or changes in rankings. Click on the logos in the sortable list to access each company's free profile:
source: PitchBook Some of the funding and valuation information above is estimated.
Outcome Health and Zenefits reached $5.5 billion and $4.5 billion valuations, respectively, with their most recent rounds. They've been omitted from the list because, given troubles at each company, it's unlikely they've retained those valuations.