FX.co ★ World's top 5 cloud companies according to Forbes

Stripe

After a one-year break, Stripe regained the leadership in the Cloud 100 rating. Importantly, it is the most valuable startup in the world. The company develops solutions for receiving and processing electronic payments. Today, its software allows organizations (ranging from tiny ones to giants like Amazon and Zoom) to accept online payments in more than 100 countries. Over the past 12 months, Stripe has been able to almost triple its market value. Now, the brainchild of two brothers, immigrants from Ireland, is estimated at $95 billion. Thanks to the pandemic, this cloud company expanded by more than 50% in 2020.

Databricks

Another promising startup with a market cap of $28 billion occupied the second line of the Forbes rating. Databricks develops enterprise software based on artificial intelligence. Simply put, it is a service for fast processing and preparation for the analysis of big data. The company was founded in 2013. Today, its services are used by more than 5,000 organizations worldwide. Over the past year, Databricks' revenue has increased by $150 million. In the winter, the company managed to attract $1 billion in investments from Amazon, Alphabet, Microsoft, and Salesforce.

Canva

Canva is an online service for graphic design. It is in third place in the ranking. It was launched in 2012. This spring, its founders, Australians Melanie Perkins and Cliff Obrecht, officially joined the ranks of billionaires. The couple managed to attract $71 million in investments. As a result, the share of each of them in the company increased to $2 billion. Today, the market value of Canvas is estimated at $15 billion. The demand for its products rose noticeably during the pandemic. Last year, the company's revenue reached $500 million, which was 130% more than in the previous year. Now, its services are available in more than 190 countries. Overall, it has 55 million users.

HashiCorp

The fourth place in the Cloud 100 ranking was taken by HashiCorp with the market value exceeding $5 billion. HashiCorp was founded in 2012. Today, it is one of the flagships of the open source services market. Its tools greatly facilitate cloud computing and therefore have gained popularity among developers. Users also highly appreciate HashiCorp's repositories, which provide reliable protection of personal data.

Toast

Toast with the market cap of $8 billion closes the top five cloud companies rating of 2021. The IT company appeared in the market in 2012. It creates software for restaurants and other catering establishments that allows them to process reservations, online orders, calculate bonuses, payments, as well as manage staff. Nowadays, more than 40,000 customers use Toast services. One of the largest is the B. Good, a chain of healthy food restaurants, which has more than 100 outlets.