Some things haven't changed much in the last year: Uber is still the most valuable VC-backed company in the US—by a long shot.
The ridehailing giant will likely continue to hold that coveted spot until it ceases to be a VC-backed business and goes public—a move that's expected to take place in 2019. But beyond Uber, quite a few private companies have moved up and down the list in recent months.
New entrant Juul grabbed headlines in December when it picked up a gigantic $12.8 billion round from tobacco heavyweight Altria; it now holds the third spot at an estimated valuation of $38 billion. Elon Musk's SpaceX raised more than $700 million over the last year—the aerospace business is now fifth on our list with a valuation of $30.5 billion. And online payments company Stripe raised a reported $100 million in January, more than doubling its valuation since 2016 and bringing it to sixth place.
Several other businesses, including co-working space provider We Company (fka WeWork) and video game software developer Epic Games, have also recently upped their valuations.
We're using PitchBook data to track the 25 most valuable VC-backed companies in the US. (There are currently more than that on this list, however, due to a five-way tie for 23rd place.) We'll continue to update the list with new additions or changes in rankings. Click on the logos in the sortable chart to access each company's free profile:
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.