As 2024 wraps up, we're diving into which private companies traded on the secondary market posted the highest revenue growth—and how that growth impacted their valuations.
Introducing our 2024 Top 50 Revenue Growth Ranking!

Methodology highlights:

• Revenue figures represent annualized and calendarized revenue for 2024, either reported or projected.
• Growth rates reflect annualized growth reported during 2024.
• Valuations are implied based on Launchay prices.
  

We also examined how growth leaders performed across various revenue brackets and industries. Companies with $100M+ in revenue experienced slower growth, both in terms of revenue and implied valuations, resulting in lower valuation-to-revenue ratios.

Unsurprisingly, 18 out of the top 50 companies are AI-related—a clear reflection of the sector's explosive momentum. These AI companies demonstrated higher median revenue growth, stronger implied valuation growth, and elevated valuation-to-revenue ratios compared to their peers.

Access to the data:
https://datawrapper.dwcdn.net/2WM6S/1/