Think your company has was it takes to hold its own with the best and brightest in the cloud? Submissions for the Forbes Cloud 100 list for 2022 are now open through May 21.
Produced in partnership with Bessemer Venture Partners and Salesforce Ventures for the seventh year, the Cloud 100 list honors the fastest-growing and strongest private cloud companies in the world, from recent rocket ships to decades-old stalwarts.
A quantitative and qualitative list, the Cloud 100 factors in financial metrics, reputation and culture to determine the industry’s leading players. Nominated companies submit data (within supplied ranges) to be evaluated confidentially on valuation, revenue and growth rate to generate a financial score. That score is factored in alongside a people and culture score derived from several third-party sources, and a market leadership score determined by several dozen public-company CEO peers. (Some of whom are now list alumni themselves.)
Unseating last year’s No. 1 Stripe, the payments business valued at $95 billion, won’t prove easy. But as 17 companies form the 2020 list went public before the 2021 edition, several of last year’s list have already graduated out of eligibility form the list, including No. 4 HashiCorp and No. 5 Toast. The 2022 list will look to build upon the 34 newcomers who cracked the Cloud 100 ranks the previous year.
With a combined market value of more than $500 billion in 2021, the Cloud 100 list’s bar does get higher each year, with typical list makers making meaningful revenue and carrying valuations approaching or surpassing $1 billion. But raising money from venture capital is not a requirement to appear on the Cloud 100 list. Candidates must be private and not majority owned by another company.
In addition to the top 100, Forbes and its partners collaborate on the Cloud 100 Rising Stars, a list of cloud computing’s up-and-comers. List stalwart Canva started as a Rising Star. Eligible companies have raised $25 million or less in total funding, and are evaluated on their financials, marketing, leadership, people and culture in an unranked top 20.
Forbes publishes the complete list, deep dives like last year’s profile of design software standout Figma and much more each August. The list’s partners host an event for list makers later in the year. Nominate your business, or one you believe deserves consideration, at thecloud100.com.