Within overall IT budgets, enterprise software is a key growth driver. Gartner’s latest assessment puts its spend at ~$5.4 billion in 2025, with the software segment growing around 10.5% year over year. That outpaces other categories, especially as AI features are increasingly baked into apps and platforms, creating more efficiencies throughout workflows.
At the same time, SaaS sprawl is real. And increasingly, buyers are foregrounding consolidation, integration, and measurable returns.
To win in enterprise software, with its long buy cycles and increasing expectations, leaders have to capitalize on a library of marketing assets, showing what they replace, tracking impacts, establishing trust in both media and thought leadership, and providing the touches it takes to reach everyone in the room. Who’s winning that race?
We put our heads together and refined metrics on enterprise software companies that have received lots of funding and are funded in the Silicon Valley ecosystem. This ranking sheds light on the hottest enterprise software companies and allows for clear comparisons with similar funding and business models. It also applies the power laws to funding and company concentration in this space.
Top 25 Enterprise Software Startups Ranking Table
We analyzed data from Crunchbase and Keywords Everywhere to uncover the top US enterprise software companies with top investors from Silicon Valley.
| Ranking | Company | GFD Tech100 Final Score* | GFD Funding Score* | GFD Website Score* | GFD Branded Keyword Score* |
| 1 | Oracle | 99.2 | 100.0 | 67.4 | 66.0 |
| 2 | Workday | 85.4 | 83.6 | 61.4 | 67.4 |
| 3 | Cloudflare | 81.8 | 77.9 | 71.0 | 69.6 |
| 4 | RingCentral | 80.0 | 80.8 | 62.7 | 52.6 |
| 5 | Zscaler | 77.6 | 77.2 | 58.6 | 55.5 |
| 6 | Sierra | 74.8 | 73.2 | 44.8 | 63.9 |
| 7 | Box | 74.6 | 70.0 | 69.4 | 66.5 |
| 8 | Nutanix | 73.4 | 73.1 | 53.4 | 53.2 |
| 9 | Applied Intuition | 73.1 | 74.2 | 48.6 | 48.9 |
| 10 | Snowflake | 72.3 | 69.3 | 59.5 | 60.4 |
| 11 | Okta | 71.9 | 67.6 | 74.1 | 62.0 |
| 12 | Tricentis | 71.9 | 73.5 | 52.7 | 43.9 |
| 13 | Anaconda | 69.9 | 65.3 | 58.5 | 67.4 |
| 14 | Glean | 69.3 | 68.2 | 55.4 | 53.7 |
| 15 | First Due | 68.6 | 69.2 | 44.3 | 49.7 |
| 16 | Boomi | 68.5 | 67.6 | 50.5 | 52.1 |
| 17 | Field AI | 67.9 | 70.1 | 42.2 | 42.8 |
| 18 | Verkada | 67.8 | 66.6 | 55.3 | 53.1 |
| 19 | Chainguard | 67.8 | 68.6 | 42.3 | 48.4 |
| 20 | Proofpoint | 67.2 | 65.5 | 59.6 | 50.1 |
| 21 | Tabs | 66.7 | 63.0 | 36.7 | 66.5 |
| 22 | Kiteworks | 66.3 | 66.8 | 47.5 | 45.2 |
| 23 | Verily | 66.2 | 67.4 | 41.1 | 45.1 |
| 24 | Guidewire Software | 66.0 | 68.0 | 46.8 | 39.1 |
| 25 | Kong | 65.6 | 63.1 | 47.3 | 57.3 |
*GFD’s Tech100 score is a final composite score of the Funding Score, Website Score, and the Branded Keyword score.
Key Takeaways:
- The three hottest Enterprise Software firms in August 2025 are Oracle, Cloudflare, and Workday due to the volume and freshness of their funding, the recent performance of their website, and the growth trends of their branded keyword.
Ranking the Top Startups by Funding Score
Funding is huge. This breakout highlights those firms that have raised the most venture capital rounds, ranked by a combination of date and volume. Note we are also including post-IPO raises as well. These are worth considering because they’re all part of the competitive system that all enterprise software startups are competing in.
| Ranking | Company | Total Funding Amount | Most Recent Funding Amount | Last Funding Date | GFD Funding Score* |
| 1 | Oracle | $25.75B | $18.00B | 9/24/2025 | 100.0 |
| 2 | Workday | $2.23B | $2.00B | 9/16/2025 | 83.6 |
| 3 | RingCentral | $1.69B | $1.24B | 9/12/2025 | 80.8 |
| 4 | Cloudflare | $2.08B | $1.75B | 6/13/2025 | 77.9 |
| 5 | Zscaler | $1.67B | $1.50B | 7/1/2025 | 77.2 |
| 6 | Applied Intuition | $1.50B | $600M | 6/17/2025 | 74.2 |
| 7 | Tricentis | $1.50B | $1.33B | 11/26/2024 | 73.5 |
| 8 | Sierra | $635M | $350M | 9/4/2025 | 73.2 |
| 9 | Nutanix | $1.90B | $750M | 12/11/2024 | 73.1 |
| 10 | Field AI | $405M | $314M | 8/20/2025 | 70.1 |
*GFD’s Funding Score captures funding volume and velocity by combing total funding with recent funding amount and recency.
Key Takeaways:
- When accounting for funding volume and freshness, Oracle leads the industry as it is the Enterprise Software firm with the highest total funding and has recently this year received a staggering funding amount of $18B.
- Zscaler, Cloudflare and Applied Intuition have become promising firms in the Enterprise Software industry as both have received over $500M in funds within the past 6 months.
- Industry leaders Tricentis and Nutanix continue to grow as both have recently received +$500M funds within the past year.
1. Oracle
GFD Funding Score*: 100
Total Funding Amount: $25.75B
Most Recent Funding Amount: $18.00B
Days Since Last Funding: 6
Out of our 307 ranked Enterprise Software companies, Oracle ranks #1 in funding. The company’s total funding is $25.75B and the last time they were funded was on September 24, 2025 for $18.00B. The last funding type was Post-IPO Debt. The total amount of investors that Oracle has is 7 and their top investors are: Citi, Deutsche Bank, Sequoia Capital, HSBC, Goldman Sachs.
2. Workday
GFD Funding Score*: 83.6
Total Funding Amount: $2.23B
Most Recent Funding Amount: $2.00B
Days Since Last Funding: 14
Out of our 307 ranked Enterprise Software companies, Workday ranks #2 in funding. The company’s total funding is $2.23B and the last time they were funded was on September 16, 2025 for $2.00B. The last funding type was Post-IPO Equity. The total amount of investors that Workday has is 9 and their top investors are: New Enterprise Associates, Morgan Stanley, Elliott Investment Management, T. Rowe Price, Bezos Expeditions.
3. RingCentral
GFD Funding Score*: 80.8
Total Funding Amount: $1.69B
Most Recent Funding Amount: $1.24B
Days Since Last Funding: 18
Out of our 307 ranked Enterprise Software companies, RingCentral ranks #3 in funding. The company’s total funding is $1.69B and the last time they were funded was on September 12, 2025 for $1.24B. The last funding type was Post-IPO Debt. The total amount of investors that RingCentral has is 16 and their top investors are: Khosla Ventures, Sequoia Capital, Goldman Sachs, Bank of America, Morgan Stanley.
Website Score Breakdown
Website traffic and traffic growth is important but doesn’t always line up perfectly with other attributes and events like funding. We were curious as to which of these companies saw the strongest website traffic and growth. The website score we captures the volume of recent website visits and combines it with the companies’ website growth trends.
| Ranking | Company | Last Month Total Visits | Average Visits (6 Months) | Monthly Visit Growth | GFD Website Score* |
| 1 | Adobe | 369.5M | 362.4M | 3.86% | 78.2 |
| 2 | Okta | 132.4M | 129.0M | 3.31% | 74.1 |
| 3 | Stack Overflow | 75.7M | 100.3M | -9.40% | 72.0 |
| 4 | Cloudflare | 61.6M | 59.1M | 1.82% | 71.0 |
| 5 | Calendly | 50.7M | 51.2M | 0.83% | 70.3 |
| 6 | Auth0 | 42.1M | 44.4M | -3.72% | 69.5 |
| 7 | Box | 41.3M | 41.0M | -1.53% | 69.4 |
| 8 | Asana | 40.7M | 40.6M | -4.43% | 69.2 |
| 9 | Miro | 30.8M | 32.8M | -1.18% | 68.4 |
| 10 | Greenhouse Software | 33.5M | 32.7M | -6.73% | 68.3 |
*GFD’s Website Score captures the volume of recent website visits and combines it with the companies’ website growth trends.
Key Takeaways:
- Okta is the industry leader in terms of website visits as it has on average 129M visitors in the last six months.
1. Adobe
GFD Website Score*: 78.2
Last Month’s Total Visits: 369.5M
Monthly Average Visits Over 6 Months: 362.4M
Monthly Visit Growth: 3.86%
Out of our 307 ranked Enterprise Software companies, Adobe ranks #1 in website traffic. Last month, the website saw 369.5M total visits and increased by 3.86% from the month before that. The average visits over the past 6 months were 362.4M.
2. Okta
GFD Website Score*: 74.1
Last Month’s Total Visits: 132.4M
Monthly Average Visits Over 6 Months: 129.0M
Monthly Visit Growth: 3.31%
Out of our 307 ranked Enterprise Software companies, Okta ranks #2 in website traffic. Last month, the website saw 132.4M total visits and increased by 3.31% from the month before that. The average visits over the past 6 months were 129.0M.
3. Stack Overflow
GFD Website Score*: 72
Last Month’s Total Visits: 75.7M
Monthly Average Visits Over 6 Months: 100.3M
Monthly Visit Growth: -9.4%
Out of our 307 ranked Enterprise Software companies, Stack Overflow ranks #3 in website traffic. Last month, the website saw 75.7M total visits and decreased by -9.4% from the month before that. The average visits over the past 6 months were 100.3M.
Enterprise Software Startups with Strongest Branded Search Growth
A great way to measure brand growth is by analyzing keyword growth for the company across a period of time. We sourced Google Search keyword data for companies on the list and ranked by a score that accounted for total keyword search as well as search volume change over the last year.
| Ranking | Company | Total Keyword Search Volume | Average Monthly Search Volume Change (1 Year) | 1 Year Trend Positive or Negative? | GFD Company Keyword Ranking* |
| 1 | Cloudflare | 1.8M | 51573.43 | + | 69.6 |
| 2 | Workday | 1.8M | 5769.23 | + | 67.4 |
| 2 | Anaconda | 1.8M | 4580.42 | + | 67.4 |
| 4 | Box | 1.8M | -12902.10 | – | 66.5 |
| 4 | Tabs | 1.5M | 6923.08 | + | 66.5 |
| 6 | Oracle | 1.5M | -1503.50 | – | 66.0 |
| 7 | Asana | 1.2M | -4615.38 | – | 64.6 |
| 8 | Sierra | 823K | 9807.69 | + | 63.9 |
| 8 | Bitwarden | 823K | 9440.56 | + | 63.9 |
| 10 | Confluent | 823K | -1048.95 | – | 62.8 |
*GFD’s Branded Keyword Ranking is a metric that combines monthly branded keyword search volume with a 1-year linear trend that is observed weekly and adjusted by search volume.
Key Takeaways:
- Cloudflare is the fastest growing branded keyword with an average monthly search increase of about 51K searches.
- The top three Enterprise Software firms have experienced a general increase in their branded keyword searches over the course of a year.
1. Cloudflare
GFD Branded Keyword Score*: 69.6
Total Keyword Search Volume: 1.8M
Average Weekly Search Volume Change: 51573.43
Out of our 307 ranked Enterprise Software companies, Cloudflare ranks #1 in branded keyword searches. Last month, their total branded keyword search volume was 1.8M. Over the course of the last year, the average monthly change for their branded keyword search volume was 51573.43, indicating an increase in their 1-year trend.
2. Workday
GFD Branded Keyword Score*: 67.4
Total Keyword Search Volume: 1.8M
Average Weekly Search Volume Change: 5769.23
Out of our 307 ranked Enterprise Software companies, Workday ranks #2 in branded keyword searches. Last month, their total branded keyword search volume was 1.8M. Over the course of the last year, the average monthly change for their branded keyword search volume was 5769.23, indicating an increase in their 1-year trend.
3. Anaconda
GFD Branded Keyword Score*: 67.4
Total Keyword Search Volume: 1.8M
Average Weekly Search Volume Change: 4580.42
Out of our 307 ranked Enterprise Software companies, Anaconda ranks #2 in branded keyword searches. Last month, their total branded keyword search volume was 1.8M. Over the course of the last year, the average monthly change for their branded keyword search volume was 4580.42, indicating an increase in their 1-year trend.
Methodology and Sources
- Methodology: We collected data for 10k+ companies from Crunchbase and aggregated it into a set of scores through the use of quantitative transformations and expertly curated weighted averages.
- Sources: Crunchbase and Keywords Everywhere
