Home › US Pre-IPO

→ See every company’s valuation & stock status

US pre-IPO companies

Own shares in a top US startup?

Guides for people who hold equity in the biggest US private companies — what your shares or options may be worth, the US rules on exercising and selling, and how a private secondary actually works.

New — the Liquidity Heat Index scores which US private companies actually run programmes that let employees sell before an IPO.

Hold shares in one of these? Value them, understand the US tax, and prepare to turn them into cash — start with your company below.

See the sourced data behind this list in the Private Tech Equity & Liquidity Report 2026.

Independent & educational. We are not affiliated with any company listed. These are plain-English guides for people who already hold shares, options or RSUs — not investment advice, and not an offer to buy or sell any security. Whether to buy or sell, and on what terms, is each person's own decision.

✓ Freshness audited monthly  Last reviewed November 2026. Companies shown are privately held at the time of review; if one lists publicly or is acquired, it leaves this page.

Value your equityA rough figure in seconds, plus what it costs to exercise.
Estimate it →
The US rules & taxISO/NSO/RSU, 83(b), AMT, ROFR, capital gains & QSBS.
Read the guide →
Get preparedThe US Equity Toolkit: templates, checklists, tax.
Get the toolkit →
Get your Equity Position ReportModel your own grant: value, exercise, dilution, tax.
Build your report →
Where to find a buyerCompany buybacks, tender offers, platforms & investor networks — plus a directory.
See your options →
Prep before Forge, Carta or SecfiDo this first — a platform won't remove your company's approval, the discount or the tax on exercising. Free, independent guides.
What to prepare first →

Sell shares in a specific company

Hold equity in one of these? Each guide covers how a private secondary works for that company and the US rules that apply. Independent, educational guides for people who already hold their shares or options.

No match — try fewer letters, or see the buyer-routes guide.

AI & Robotics 50

OpenAI$852BAI company Anthropic$380Bmaker of Claude Databricks~$188Bdata & AI company Cognition~$48BThe company behind Devin, an AI software-engineering agent Figure AI~$39BIt builds general-purpose humanoid robots for warehouse and manufacturing work Safe Superintelligence~$32BAn AI research lab founded by Ilya Sutskever focused solely on safe superintelligence Scale AI$29BAI-data company Perplexity~$18BAI-search company Sierra~$15.8BConversational AI agents for customer experience, founded by Bret Taylor Harvey~$15.5BDomain-specific AI for law firms and legal teams Thinking Machines Lab~$12BAn AI research company founded by former OpenAI leadership Together AI$8.3BA cloud platform for training and running open-source AI models Glean$7.2BEnterprise AI search and assistants that sit across a company's internal tools and documents Groq~$3.5BIt designs inference chips (LPUs) built for very fast AI model serving Writer$1.9BA full-stack generative-AI platform built for enterprise teams Applied IntuitionSimulation and tooling for developing and testing autonomous vehicles Augment CodeAn AI coding assistant built for large, real-world engineering codebases BasetenInfrastructure for deploying and serving machine-learning models in production CartesiaIt develops real-time voice and audio generation models ChromaAn open-source embedding database used to build AI applications Collaborative RoboticsIt develops practical mobile robots that work alongside people Contextual AIIt builds retrieval-augmented generation (RAG) systems for the enterprise CrestaAI for contact centres that guides agents and automates customer conversations CrusoeIt builds AI-focused data centres and cloud, originally known for using stranded energy DecagonAI customer-service agents for consumer and enterprise support DexterityIt builds AI-powered robots for warehouse and logistics work Fireworks AIIt runs a fast inference platform for deploying open and custom generative-AI models in production HebbiaAI for knowledge work, used heavily in finance to analyse large document sets Hippocratic AIIt builds safety-focused AI healthcare agents for non-diagnostic patient tasks ImbueIt builds AI agents that can reason and code, aimed at robust general-purpose systems KagiA paid, ad-free search engine with AI features Lightning AIThe company behind PyTorch Lightning and a platform for building and deploying AI Luma AIIt builds generative models for video and 3D content MagicIt builds frontier models with very large context aimed at automating software engineering MercorA marketplace and platform connecting AI labs with expert human data and evaluation ModularIt builds the MAX platform and the Mojo language to speed up and unify AI compute Physical IntelligenceIt develops foundation models to control a wide range of robots PineconeA managed vector database used to power AI and semantic-search applications PoolsideIt develops AI foundation models specialised for software development Reflection AIAn AI research company building autonomous coding and agent systems RunwayGenerative AI tools for video and creative production SambaNovaIt designs AI chips and full-stack systems for running large models in the enterprise Skild AIIt builds a general-purpose foundation model to control many kinds of robots Standard BotsIt makes affordable industrial robot arms with no-code programming SunoGenerative AI for music creation from text prompts TabnineAn AI code-completion assistant with a focus on privacy and enterprise control UnstructuredIt turns messy documents into clean, structured data for AI pipelines WeaviateAn open-source vector database for AI and semantic-search applications You.comAn AI-powered search and assistant product ZillizThe company behind the Milvus open-source vector database for AI

Fintech & Crypto 49

Stripe~$159Bpayments company Ramp~$60Bcorporate cards and spend management Ripple~$50BA blockchain payments company and the entity behind the XRP ecosystem Deel$17.3Bglobal-payroll and HR company Rippling$16.8BHR and IT software company Kraken~$15B Polymarket~$15BA blockchain-based prediction market for trading on real-world events Alchemy~$10.2BDeveloper infrastructure for building on blockchains Kalshi$10BA regulated US exchange for trading on the outcome of real-world events Gusto~$9.5BPayroll, benefits and HR software for small and medium businesses Chainalysis~$8.6BBlockchain analytics used by governments and businesses to trace on-chain activity Fireblocks~$8BInfrastructure for institutions to store, transfer and issue digital assets securely Plaid~$8Bfintech-infrastructure company Carta~$7.4Bcap-table and fund administration Mercury$5.2Bbanking for startups AddeparWealth-management software for tracking and analysing complex portfolios AlloyAn identity-decisioning platform banks and fintechs use for onboarding and fraud AnchorageA federally-chartered digital-asset bank and custodian for institutions ArgyleReal-time access to employment and income data for lending and verification At-BayA cyber-insurance and security company for small and mid-sized businesses Blockchain.comA long-running crypto wallet and exchange platform Bolt CoalitionA cyber-insurance provider that combines coverage with active security monitoring ColumnA nationally-chartered bank built to let developers build financial products directly on it ConsensysThe company behind MetaMask and much of the Ethereum developer stack FinixPayments infrastructure that lets software companies process and monetise payments FoundBanking and bookkeeping built for the self-employed HighnoteA card-issuing and embedded-finance platform for building payment products LithicCard-issuing infrastructure for building and running payment-card programs Magic EdenA multi-chain marketplace for NFTs and digital collectibles MethodAPIs for accessing and paying consumer liabilities like loans and cards Modern TreasuryPayment operations software for moving and tracking money at scale MoovDeveloper-first infrastructure for moving and storing money NirvanaA tech-driven commercial insurance provider for trucking and fleets NovoDigital banking built for small businesses and freelancers OpenSeaA marketplace for NFTs and digital collectibles PersonaAn identity-verification platform businesses use to onboard and screen users PhantomA popular self-custody crypto wallet across multiple blockchains PilotBookkeeping, tax and CFO services for startups and growing businesses PublicA consumer investing app for stocks, crypto and other assets RelayA business banking and money-management platform for small companies RhoA corporate banking and finance platform for businesses SardineA fraud, compliance and payments platform powered by device and behaviour data StytchAuthentication and fraud-prevention infrastructure for developers SyncteraA platform connecting fintechs and banks to launch banking products Treasury PrimeBanking-as-a-service APIs connecting companies with partner banks Uniswap LabsThe team behind the Uniswap decentralised exchange protocol UnitBanking-as-a-service infrastructure for embedding financial features into products ZetaA modern banking-technology stack that helps banks and fintechs issue cards and accounts

Developer, Data & Productivity 39

Grammarly~$13B Notion~$11BAn all-in-one workspace for notes, docs, wikis and project management Vercel$9.3BThe company behind Next.js and a leading front-end deployment platform Replit~$9BA browser-based coding platform with AI assistance, popular for learning and prototyping AirbyteAn open-source data-integration platform for building connectors and pipelines AutomatticThe company behind WordPress.com, WooCommerce and Tumblr CalendlyScheduling software that automates booking meetings ChronosphereAn observability platform built for cloud-native, container environments ClerkDrop-in user authentication and management for web and mobile apps ClickHouseThe company behind the fast open-source columnar database for real-time analytics Cockroach LabsThe company behind CockroachDB, a distributed SQL database ConvexA reactive backend-as-a-service platform for building full-stack apps CriblIt helps companies route, shape and manage machine and observability data dbt LabsThe company behind dbt, the standard tool for transforming data in the warehouse DenoThe company behind the Deno JavaScript/TypeScript runtime and Deno Deploy DockerThe company behind the container tools that are a standard part of modern software development FivetranAutomated data pipelines that move data into the warehouse Fly.ioA platform for running applications close to users, at the edge HarnessA software-delivery platform for CI/CD, feature flags and cloud cost HexA collaborative analytics and data-science workspace with notebooks and apps LangChainThe widely used framework and tooling for building applications with large language models LinearIssue tracking and project management built for software teams NetlifyA platform for building, deploying and hosting modern web front-ends PlanetScaleA serverless MySQL-compatible database platform built on Vitess PostmanThe widely used platform for building, testing and documenting APIs RailwayA platform for deploying and running applications and infrastructure RedpandaA streaming data platform, Kafka-compatible, built for real-time applications RenderA cloud platform for hosting apps, databases and services RetoolA platform for quickly building internal tools and admin apps Sigma ComputingCloud analytics and BI with a spreadsheet-like interface on the warehouse SourcegraphCode search and AI coding assistance across large codebases StarburstAnalytics engine built on Trino for querying data across many sources SupabaseAn open-source Firebase alternative — Postgres, auth, storage and APIs TemporalAn open-source platform for building reliable, long-running application workflows TursoA distributed database built on libSQL/SQLite for edge applications WarpA modern, AI-powered terminal for developers WebflowA visual platform for designing, building and running websites without code WorkOSAPIs that make apps enterprise-ready — SSO, SCIM and directory sync ZapierNo-code automation connecting thousands of apps into workflows

Space, Defense & Hardware 22

Anduril~$61Bdefense-technology company Shield AI$12.7BAutonomy software and aircraft for defense, including AI pilots Zipline$7.6BAutonomous drone delivery, best known for delivering medical supplies at scale Skydio~$4.4BAutonomous drones for enterprise, public safety and defense Relativity Space~$4BIt builds rockets using large-scale 3D printing AstranisSmall geostationary communications satellites for connectivity CastelionIt develops low-cost hypersonic weapons and missile systems Chaos IndustriesAdvanced detection and electronic systems for defense and critical infrastructure EpirusIt builds high-power microwave systems for counter-drone and electronic defense Gecko RoboticsIt builds wall-climbing robots and software to inspect critical infrastructure HadrianAutomated precision-manufacturing factories for aerospace and defense parts HermeusIt is developing hypersonic aircraft for defense and commercial use Impulse SpaceIt builds in-space transportation vehicles to move payloads between orbits K2 SpaceIt builds large, powerful satellites for the next generation of space infrastructure Mach IndustriesIt develops advanced weapons and defense systems, including hydrogen-based propulsion Merlin LabsIt develops autonomous flight systems to pilot aircraft SaronicAutonomous surface vessels for naval defense Stoke SpaceIt is developing a fully reusable rocket for low-cost access to orbit True AnomalyIt builds spacecraft and software for space security and defense Ursa MajorIt designs and manufactures rocket and hypersonic propulsion systems Vannevar LabsIt builds AI software for national-security intelligence and defense missions VardaIn-space manufacturing, producing pharmaceuticals in orbit and returning them to Earth

Healthtech 17

For holders

Hold equity in a private tech company? Get occasional, no-noise updates when something changes that could affect your position — we watch the US & European private market so you don’t have to.

What should we track for you? (optional)

Occasional updates only — no spam, no sales pitches, unsubscribe anytime. We never sell your data.

Understand your equity before you act

PrivateTechShares is an education and tools service — not a broker or marketplace. Work out what your stake might be worth, the rules and tax that apply, and how to prepare properly, with free calculators, guides and a preparation toolkit.

Get the equity toolkit — $39
US edition · instant PDF, no sign-up · EU edition →

General information only — not financial, tax or legal advice. Company names and logos are the property of their owners and are used here only to describe the market for their shares. PrivateTechShares is an education and tools service: it is not a broker or marketplace, does not introduce buyers and sellers, does not hold funds, and does not execute or advise on transactions.