Private market news feed.

By early February 2026, the platform was generating more than $1M in weekly fee revenue, implying a $50M+ annualized run rate as it transitions from a zero-fee growth strategy to an exchange-style monetization model

Source: Sacra

Loft Orbital and SmartSat CRC have announced a partnership to demonstrate a wildfire detection application onboard an AI-enabled satellite, combining edge computing with Earth observation.

Source: Business Wire

Kraken generated $2.2B of revenue in 2025, growing 33% year-over-year from $1.7B in 2024.

Source: Sacra

Databricks hit $5.4B in annualized revenue in January 2026, growing ~65% YoY and up from $5.2B at the end of 2025 and $3.0B at the end of 2024.

Source: Sacra

Sierra hit $150M in ARR in January 2026, up from an estimated $130M at the end of 2025 and $26M at the end of 2024.

Source: Sacra

ElevenLabs closed 2025 with over $330 million in ARR, driven by rapid enterprise adoption by companies like Deutsche Telekom, Square, the Ukrainian Government, and Revolut for customer support, conversational commerce, citizen engagement, internal training, and inbound sales.

Source: ElevenLabs

Kalshi generated $260M in revenue in 2025, up 994% year-over-year from $24M in 2024.

Source: Sacra

Waymo hit $355M annualized revenue in Feb 2026, up from $284M at end of 2025 and $125M at end of 2024. 450K weekly paid rides.

Source: Sacra

Suno hit $300M ARR in Feb 2026, up 404% YoY from ~$227M at end of 2025

Source: Sacra

Glean doubled from a Sacra-estimated $100M annual recurring revenue (ARR) to $200M ARR at the end of November 2025

Source: Sacra

France has tapped Loft Orbital to develop the nation's first sovereign synthetic aperture radar (SAR) satellite, awarding the startup a €50 million contract.

Source: Payload Space

Cleo hit $280M ARR in Jul 2025, up from $185M at end of 2024

Source: Sacra