Companies in High Tech
There are 208,325 companies in High Tech which include Workday, OpenAI, Fortinet, Splunk, Palo Alto Networks. 60,786 companies in High Tech are funded, with 22,852 having secured Series A funding. Till date, the sector has seen the creation of 592 Unicorns. United States has the most number of companies in High Tech (62,353), followed by India
(15,160), and then United Kingdom (14,499).
2024 has seen the creation of 4,123 High Tech companies. On average, the last 10 years have seen 14,583 new companies launched every year. Most number of High Tech startups have been founded by alumni from Stanford University, Massachusetts Institute of Technology and Harvard University.
Here is a List of top 10 companies in High Tech

1. Workday
Cloud-based financial management, EPM, and HR software provider for enterprises. It uses AI and ML algorithms to predict work and automate tasks, manage employees, and more. The product offerings include HCM, a human capital management solution with features such as reporting and analysis, employee engagement, workforce planning, scheduling, recruiting, onboarding, benefits, etc. It also provides solutions such as financial management, business planning, analytics, professional services automation, and more. It serves multiple industry verticals including communications, energy an resources, financial services, government, healthcare, higher education, hospitality, and others.
Key facts about Workday
- Founded Year: 2005
- Location: Pleasanton (United States)
- Stage: Public
- Total Funding till date: $352M
- Investors: Greylock, New Enterprise Associates and 10 Others
- Latest Funding Round: Post IPO, May 15, 2013, $45.7M
- Tracxn Score: 90/100 What is this?
- Competitors Rank: 1 of 5,877 Competitors
2. OpenAI
Developer of SaaS-based generative AI models. It develops large language models, image generation models, and open-source models. It provides a web-based tool test prompts and recognize how the API works. Its products GPT-3 and GPT-4 can perform tasks such as image classification, text generation, and sentiment analysis.
Key facts about OpenAI
- Founded Year: 2015
- Location: San Francisco (United States)
- Stage: Series E
- Total Funding till date: $17.9B
- Investors: Microsoft, MIS and 48 Others
- Latest Funding Round: Series E, Nov 22, 2024
- Tracxn Score: 89/100 What is this?
- Competitors Rank: 1 of 80 Competitors
3. Fortinet
Provider of a suite of cybersecurity solutions. It is a cybersecurity platform that gives a companys network a range of visibility and control. The platform offers a variety of capabilities, including threat detection and response, automated security operations, cybersecurity mesh architecture,
Key facts about Fortinet
- Founded Year: 2000
- Location: Sunnyvale (United States)
- Stage: Public
- Total Funding till date: $39M
- Investors: Meritech, Industry Ventures and 16 Others
- Latest Funding Round: Venture Debt, Mar 02, 2004, $50M
- Tracxn Score: 89/100 What is this?
- Competitors Rank: 1 of 801 Competitors

4. Splunk
Cloud based platform offering IT operational data and security analytics software. The product offered is an operational intelligence software which is used to monitor, report, and analyze real time machine data as well as terabytes of historical data. The features of the product include analysis and reporting, log management software consolidates and indexes log and machine data, including structured, unstructured, and multi line application logs, user behavior analysis, and more.
Key facts about Splunk
- Founded Year: 2003
- Location: San Francisco (United States)
- Stage: Acquired
- Total Funding till date: $40M
- Investors: August Capital, Sevin Rosen and 19 Others
- Latest Funding Round: Post IPO, Oct 17, 2022
- Tracxn Score: 89/100 What is this?
- Competitors Rank: 1 of 300 Competitors
AI and cloud based platforms offer a suite of cybersecurity solutions. It offers security operating platform, cloud security, SaaS security, network security, firewall, threat and malware prevention, url filtering, threat intelligence, enterprise security platform, endpoint security. The features of the product include centralized security management, cloud based advanced threat analysis, and endpoint protection. The platform architecture is based on a single pass software engine and uses function specific processing for networking, security, threat prevention, and management. The solutions are delivered as both hardware and virtual appliances and cloud based subscriptions.
Key facts about Palo Alto Networks
- Founded Year: 2005
- Location: Santa Clara (United States)
- Stage: Acquired
- Total Funding till date: $65.7M
- Investors: Lehman Brothers, Globespan Capital Partners and 22 Others
- Latest Funding Round: Post IPO, Aug 15, 2018, $1.5B
- Tracxn Score: 88/100 What is this?
- Competitors Rank: 2 of 399 Competitors
6. Unity
Game creation platform for game developers. It enables game developers to develop 2D, 3D, VR, and AR games. These games can be developed for mobile gaming, PC, and consoles. The company offers animation production solutions for the film and TV industry. The manufacturing industry can use the platform to depict the life cycle of the product in a 3D version.
Key facts about Unity
- Founded Year: 2004
- Location: San Francisco (United States)
- Stage: Public
- Total Funding till date: $894M
- Investors: CPP Investments, Silver Lake and 49 Others
- Latest Funding Round: Post IPO, Nov 15, 2021, $1.5B
- Tracxn Score: 88/100 What is this?
- Competitors Rank: 1 of 541 Competitors

7. HubSpot
Cloud based CRM software for enterprises. It is an integrated platform that provides CRM software to capture leads. It provides marketing automation, CMS, CRM, and campaign management tools. It also supports integration with existing CRM, and with other systems such as Facebook to capture leads. The platform offers marketing automation solutions. It also offers tools to create website pages, SEO recommendations, personalization, memberships, ecommerce, hosting and security, and more. It also provides AI assistant for content generation.
Key facts about HubSpot
- Founded Year: 2005
- Location: Cambridge (United States)
- Stage: Public
- Total Funding till date: $101M
- Investors: Cross Creek, Matrix and 22 Others
- Latest Funding Round: Post IPO, Jun 02, 2020, $400M
- Tracxn Score: 87/100 What is this?
- Competitors Rank: 2 of 3,391 Competitors
8. 23andMe
Provider of genetic test solutions to study ancestry, genealogy, and inherited traits. The platform provides a study regarding an individual's ancestry, genealogy, and inherited traits. The company also markets its data is categorized and searchable form to researchers and scientists.
Key facts about 23andMe
- Founded Year: 2006
- Location: Mountain View (United States)
- Stage: Public
- Total Funding till date: $861M
- Investors: MPM Capital, Johnson & Johnson Innovation – JJDC and 26 Others
- Latest Funding Round: Post IPO, Nov 03, 2023, $20M
- Tracxn Score: 87/100 What is this?
- Competitors Rank: 1 of 60 Competitors
9. GitHub
Cloud-based version control and source code management platform. It offers an online community for collaborative coding through project forking, sending and pulling of requests, development monitoring, and more. The platform enables users to collaborate and review projects. It offers built-in features to review codes. It is available across android, iOS, macOS, windows, and linux platforms.
Key facts about GitHub
- Founded Year: 2008
- Location: San Francisco (United States)
- Stage: Acquired
- Total Funding till date: $354M
- Investors: Sequoia Capital, a16z and 10 Others
- Latest Funding Round: Series B, Jul 23, 2015, $251M
- Tracxn Score: 87/100 What is this?
- Competitors Rank: 1 of 197 Competitors
10. Shopify
SaaS-based storefront solutions for e-commerce businesses. The platform offers online storefront, payment solutions to accept credit cards, marketing, shipping, customer engagement tools, and more. It also offers a Shopify POS application for retail sales with features including inventory tracking, staff management, and more.
Key facts about Shopify
- Founded Year: 2006
- Location: Ottawa (Canada)
- Stage: Public
- Total Funding till date: $122M
- Investors: Insight Partners, OMERS and 18 Others
- Latest Funding Round: Series C, Dec 11, 2013, $100M
- Tracxn Score: 86/100 What is this?
- Competitors Rank: 1 of 1,558 Competitors

