As of November 2026, Latka tracks 626 cloud platform as a service (PaaS) software companies. They have combined revenues of $5.3B and employ 50.9K people. They have raised $8.8B and serve 480M customers combined.
Every company below sells cloud platform as a service (PaaS) software 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.
Cloud Platform as a Service (PaaS) software provides a comprehensive environment for developers to build, test, and deploy applications without the complexities associated with managing the underlying infrastructure. PaaS solutions combine infrastructure and development tools into a single platform, facilitating collaboration and enabling faster time-to-market for applications. Common use cases include web application development, mobile app development, and API management, allowing teams to focus on writing code rather than managing servers and hardware. Typical features of PaaS include integrated development environments (IDEs), database management systems, middleware, and application hosting capabilities. These tools allow users to streamline workflows, utilize automated deployment processes, and scale resources as needed without manual intervention. PaaS is predominantly utilized by IT departments, software developers, and organizations looking to innovate rapidly and improve their software development lifecycle efficiency.
Sorting: Highest -> Lowest
Showing 10 of 626 companies ranked by annual revenue.
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!
San Francisco, California, United States
Redis develops the Redis in-memory database and sells it as a managed cloud service (Redis Cloud) and as on-premises software (Redis Software) for caching, real-time data, vector search and AI agent memory. Ofer Bengal and Yiftach Shoolman founded it in 2011; it was Garantia Data until 2014 and Redis Labs until August 2021. Rowan Trollope has been CEO since February 2023, with Bengal as chairman, and the company is based in San Francisco. Redis raised a net $347 million through its April 2021 Series G, which valued it at over $2 billion, and in January 2026 said it had passed $300 million in annual recurring revenue. In 2018 Bengal told Latka it had about 200 employees, 8,500 customers and roughly 60% annual growth.
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.
Wilmington, Delaware, United States
EDB Postgres® AI (EDB PG AI) is the first open, enterprise-grade sovereign data and AI platform—secure, compliant, and scalable, on-premises and across clouds. Built on Postgres, the world’s leading database, EDB PG AI unifies transactional, analytical, and AI workloads, enabling organizations to operationalize their data and LLMs while maintaining control over sovereign environments. EDB PG AI is supported by a global partner network and delivers up to 99.999% availability as well as hybrid management and a built-in AI factory. As one of the most active contributors to the PostgreSQL project, EDB is deeply invested in the vitality of the global community. To learn more, visit www.enterprisedb.com.
Palo Alto, California, United States
Workato's platform provides businesses with a flexible and scalable way to automate their workflows
Kraków, Poland
Software Mind is a global digital transformation partner with operations throughout Europe, the US and LATAM. Driven by tech and empowered by people, we provide companies with software engineers and autonomous, cross-functional development teams who manage software life cycles from ideation to release and beyond. For over 20 years we’ve been enriching organizations with the talent they need to boost scalability, drive dynamic growth and bring disruptive ideas to life. Our top-notch engineering teams combine ownership with leading technologies, including cloud, AI, data science and embedded software to accelerate digital transformations and boost software delivery. A culture, driven by trust, that embraces openness, craves more and acts with respect enables our experts to create evolutive solutions that support scale-ups, unicorns and enterprise-level companies around the world.
Mountain View, California, United States
WSO2 Inc. is an open-source technology provider based in California, United States, with offices around the world. WSO2 offers an API management platform and an enterprise service bus (ESB) that enable businesses to integrate and manage their applications, data, and services. The company's products are built on open-source technology and designed to support the development and deployment of cloud-native applications. WSO2's platform includes features such as API management, identity and access management, analytics, and integration with other software applications.
San Francisco, California, United States
Algolia is an AI search and retrieval platform that developers and businesses use to add search, product discovery and recommendations to their websites and apps; it says it powers 1.75 trillion searches a year for more than 18,000 businesses. Nicolas Dessaigne and Julien Lemoine founded it in Paris in 2012, and it is headquartered in San Francisco. Dessaigne, then CEO, told Latka in late 2018 that Algolia had crossed $20 million in ARR the year before and expected to pass $40 million by year-end. Its most recent announced round is a $150 million Series D at a $2.25 billion valuation in July 2021. Stephen Lynch has been CEO since April 2026.
Latka tracks 626 cloud platform as a service (PaaS) software companies with reported revenue. Together they generate $5.3B in annual revenue and employ 50.9K people.
Alchemy is the largest, with $447M in annual revenue, founded in 2017.
The average cloud platform as a service (PaaS) software company in this list makes $8.5M a year, across 626 companies with reported revenue. They serve 480M customers combined.
Ranked by annual revenue, the leaders are Alchemy, Redis, Vercel, Supabase and EDB.
The 626 cloud platform as a service (PaaS) software companies tracked here have raised $8.8B in disclosed funding between them.
- The platform must provide a complete development and deployment environment for applications. - It should offer integrated tools for software development, including IDEs and database management systems. - Must support scalability of applications without manual infrastructure management. - The solution should facilitate collaboration among development teams, including version control and workflow management. - Not limited to application hosting; must also include middleware and integration tools for enhanced functionality.
