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Companies Founded in 2016

9 profiled companies were founded in 2016. The largest by latest full-year revenue is Scale AI, Inc., at about $870 million for 2024 (unaudited), followed by Udaan at about $529 million for 2025.

No two of these companies report the same industry; they cover 9 different ones.

Headquarters-country data is available for 8 of these 9 companies. The largest country groups are USA (6) and India (2).

Every figure above comes from the company profiles linked below, where each revenue number carries its fiscal year and source. Run-rates are never used as annual revenue, and revenue reported in other currencies is converted to US dollars at approximate 2025 average rates, so treat the comparison as an order of scale rather than an exact gap.

AJIO
Fashion and Lifestyle E-Commerce
India

Research AJIO's Reliance Retail ownership, 2016 launch, current CEO, reported GMV, major platform launches and business model.

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Deribit
Cryptocurrency Options & Futures Exchange (Coinbase subsidiary)
Global

Deribit is the largest Bitcoin and Ether options exchange, bought by Coinbase for $2.9B in 2025. Founders, CEO Luuk Strijers, volumes, Dubai licence and rivals.

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Groq, Inc.
AI Inference Semiconductors, Language Processing Units (LPUs) & Cloud Inference Infrastructure
USA

Groq profile: the LPU inference chip, Nvidia's ~$20B December 2025 licensing deal, CEO Doug Wightman, $6.9B 2025 valuation, $650M 2026 raise and GroqCloud.

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Hugging Face, Inc.
Open-Source Artificial Intelligence Platform, Machine Learning Model Hub & AI Developer Ecosystem
USA

Hugging Face profile: ~$150M annualized revenue, Nvidia's $12.93B acquisition agreement (2026), CEO Clément Delangue, 3M+ models, and how it makes money.

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Replit
Software Development Tools, Cloud Collaborative IDE, Autonomous AI Agents, Cloud Hosting & Developer Infrastructure
USA

Replit company profile: how Replit Agent makes money, the $400M Series D at a $9B valuation (2026), ARR growth from $2.8M to $500M+, owners, CEO and rivals.

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Rippling (People Center, Inc.)
Unified Workforce Management, HR Cloud, IT Device Management & Corporate Spend Software
USA

Rippling profile: about $1B ARR in 2026, $16.8B valuation, CEO Parker Conrad, how the HR/IT/finance platform makes money, the Deel lawsuit and key competitors.

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Scale AI, Inc.
Artificial Intelligence, Data Engine & Foundation Model Infrastructure
USA

Scale AI profile: about $870M 2024 revenue, Meta's $14.3B deal for 49% at a $29B valuation, CEO Francis deSouza, SEAL benchmarks and defense AI contracts.

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Udaan
B2B E-Commerce, Wholesale Supply Chain, Retailer Trade Networks, SMB Credit & Logistics
India

Comprehensive deep-dive into Udaan (Hiveloop Technology) covering B2B e-commerce, kirana wholesale supply chain, Amod Malviya, Sujeet Kumar, and Vaibhav Gupta.

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Verkada
Physical Security, Cloud-Managed Video Security, Access Control, Environmental Sensors & Building Security Software
USA

Verkada profile: cloud-managed cameras, access control and sensors on the Command platform, funding to a $5.8B valuation, the NVIDIA deal and FTC history.

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Content is for informational purposes only. Not financial advice. Data sourced from SEC filings, annual reports, and public records. See our full disclaimer and methodology.