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Top 24 Application Development Platforms Companies $100M+ Revenue (October 2026)

As of October 2026, Latka tracks 24 application development platforms companies with $100M+ in annual revenue. They have combined revenues of $5B and employ 24.4K people. They have raised $6B and serve 41.6M customers combined.

Every company below sells application development platforms to other businesses and is ranked by its most recent annual revenue. Revenue, funding, headcount and customer figures come from CEO interviews on the Latka podcast, public company filings, and Latka estimates where a company has not disclosed a number.

What Application Development Platforms Companies do

Application Development Platforms are integrated environments that provide the necessary tools for developing, testing, and deploying software applications. These platforms facilitate various development approaches, including traditional, low-code, and no-code methods, enabling users to create applications efficiently based on their business needs. They often include features such as visual development interfaces, API management, and collaboration tools that streamline the software development lifecycle. These platforms serve a wide range of use cases, from enterprise software applications to consumer-facing mobile apps. They cater to diverse user roles, including software developers, IT teams, and business analysts, who require agile and scalable solutions to meet growing demands for application delivery. Key workflows include application design, prototype testing, deployment, and maintenance, ensuring that developed applications are aligned with user expectations and organizational goals.

Companies
24
Revenue
$5B
Funding
$6B
Employees
24.4K

Filters

Sorting: Highest -> Lowest

Filters

Top Application Development Platforms Companies $100M+ Revenue

Showing 10 of 24 companies ranked by annual revenue.

1Lovable logo
Lovable

Stockholm, Sweden

Lovable is an AI-powered platform that enables developers and non-technical users to create and deploy web applications rapidly. It aims to unlock human creativity by automating software development processes, allowing users to generate complete applications with authentication, data storage, and AI capabilities in a fraction of traditional development time.

Revenue
$500M
Year founded
2023
Funding
$552.5M
Team size
146
Growth
150%
2Alchemy logo
Alchemy

San Francisco, United States

Alchemy is a developer platform that empowers companies to build scalable and reliable decentralized applications without the hassle of managing blockchain infrastructure in-house. It is currently faster, more reliable, and more scalable than any other existing solution, and is incredibly easy to integrate!

Revenue
$447M
Year founded
2017
Funding
$563.9M
Team size
322
3Backbase logo
Backbase

Amsterdam, Netherlands

a banking software designed to empower financial institutions to accelerate their digital transformation

Revenue
$345.5M
Customers
150
Year founded
2003
Funding
$128M
Team size
2.1K
4Out Systems logo
Out Systems

Boston, Massachusetts, United States

a low-code development platform that enables businesses to rapidly build and deploy custom enterprise applications

Revenue
$331.6M
Customers
300K
Year founded
2001
Funding
$572.1M
Team size
2K
5Zapier logo
Zapier

San Francisco, California, United States

a platform to connect and automate workflows between web applications.

Revenue
$310M
Customers
100K
Year founded
2011
Funding
$1.4M
Team size
800
6Turing logo
Turing

Palo Alto, California, United States

Turn AGI research into real-world impact. Advance AI from research to enterprise scale. Deliver measurable outcomes with cutting-edge intelligence.

Revenue
$300M
Year founded
2018
Funding
$249M
Team size
4.3K
7In Time Tec logo
In Time Tec

Meridian, Idaho, United States

A software building platform providing affordable, long-term software development services in the Rocky Mountain region

Revenue
$210.5M
Year founded
2009
Team size
1K
8airSlate logo
airSlate

Brookline, Massachusetts, United States

document editing and e-signature software for small businesses

Revenue
$200M
Customers
1.1M
Year founded
2008
Funding
$181.5M
Team size
650
9Vercel logo
Vercel

San Francisco, California, United States

The company Vercel was founded in 2015 and is headquartered in San Francisco, California, USA. Vercel is a cloud platform for static and serverless web development, allowing users to build and deploy websites and applications quickly and efficiently. The company offers various features and functionalities, including automatic deployments, serverless functions, and real-time collaboration. Vercel has become a popular platform for web developers, with thousands of customers worldwide, including small startups and large enterprises. The company has received several awards and recognition for its innovative platform, and it continues to expand its offerings to meet the evolving needs of the web development community.

Revenue
$200M
Year founded
2015
Funding
$863M
Team size
875
Growth
100%
10Appfire logo
Appfire

Burlington, Massachusetts, United States

Leading global software provider enhancing, extending and connecting the world's leading platforms, enabling teams to thrive.

Revenue
$200M
Year founded
2005
Team size
741

Frequently asked questions about Application Development Platforms Companies $100M+ Revenue

How many application development platforms companies with $100M+ in annual revenue are there?

Latka tracks 24 application development platforms companies with $100M+ in annual revenue. Together they generate $5B in annual revenue and employ 24.4K people.

Which application development platforms company with $100M+ in annual revenue is the largest?

Lovable is the largest, with $500M in annual revenue, founded in 2023.

How much revenue does a typical application development platforms company with $100M+ in annual revenue make?

The average application development platforms company in this list makes $210.3M a year, across 24 companies with reported revenue. They serve 41.6M customers combined.

Who are the leading Application Development platforms vendors with $100M+ in annual revenue?

Ranked by annual revenue, the leaders are Lovable, Alchemy, Backbase, Out Systems and Zapier.

How much funding have application development platforms companies with $100M+ in annual revenue raised?

The 24 application development platforms companies with $100M+ in annual revenue tracked here have raised $6B in disclosed funding between them.

Related Development Software categories

Inclusion Criteria

- Must provide tools for designing, developing, and deploying applications - Should support multiple programming languages and frameworks - Must include collaboration features for teams, such as version control - Capable of integrating with third-party services and APIs - Not limited to web applications; must also support mobile application development - Should offer testing and debugging tools to ensure application quality - Must facilitate low-code or no-code development options for non-technical users