As of August 2026, Latka tracks 29 application development platforms companies with $100M+ in annual revenue. They have combined revenues of $5.8B and employ 27.5K people. They have raised $7.1B and serve 41.5M 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.
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.
Sorting: Highest -> Lowest
Showing 10 of 29 companies ranked by annual revenue.
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.
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!
Boston, Massachusetts, United States
a low-code development platform that enables businesses to rapidly build and deploy custom enterprise applications
San Francisco, California, United States
a platform to connect and automate workflows between web applications.
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.
Santa Clara, California, United States
The company that owns datastax.com is DataStax, Inc. DataStax is a software company that specializes in delivering an always-on, distributed database platform built on Apache Cassandra. The company was founded in 2010 and is based in Santa Clara, California, with additional offices around the world. DataStax helps businesses unlock the full potential of their data by providing a scalable, highly available, and secure database platform that can handle massive amounts of data and support real-time applications. Their customers include some of the world's largest companies in industries such as finance, healthcare, and retail.
Meridian, Idaho, United States
A software building platform providing affordable, long-term software development services in the Rocky Mountain region
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.
Latka tracks 29 application development platforms companies with $100M+ in annual revenue. Together they generate $5.8B in annual revenue and employ 27.5K people.
Lovable is the largest, with $500M in annual revenue, founded in 2023.
The average application development platforms company in this list makes $198.8M a year, across 29 companies with reported revenue. They serve 41.5M customers combined.
Ranked by annual revenue, the leaders are Lovable, Alchemy, Out Systems, Zapier and Turing.
The 29 application development platforms companies with $100M+ in annual revenue tracked here have raised $7.1B in disclosed funding between them.
- 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
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