Fastest-growing SaaS companies
Current Trend data
Top 10 fastest-growing SaaS vendors
Anthropic holds the top spot for a second consecutive quarter, with new-contract spend up 4,290% year over year. That is more than double its Q2 figure and more than twice the next-fastest vendor on the list.
- Anthropic and Cursor are pulling away from the pack. Both kept their positions from Q2, and both grew sharply. Cursor's +1,956% alone is higher than Anthropic's Q2 figure, which shows how quickly enterprise spend on AI models and AI coding tools is compounding.
- The rest of the list has turned over completely. Eight of the top 10 are new entries this quarter. That churn is a reminder that below the AI leaders, the fastest growth is spread across a wide and shifting set of categories.
- Infrastructure and observability are back in focus. Fastly (+1,469%) and Splunk (+1,448%) point to renewed investment in edge delivery, security and observability, the infrastructure that sits underneath growing AI and application workloads.
- AI-enhanced business applications are gaining ground. Intercom (+762%) and Gong (+495%) have both leaned heavily into AI agents and AI-driven insights, and their growth suggests buyers are now paying for AI embedded in customer service and revenue tools, not just for models directly.
- Core operational platforms are also growing fast. Smartsheet (+645%), Infor (+575%), CDW (+557%) and AppsFlyer (+505%) show continued new investment in work management, ERP, IT procurement and marketing measurement alongside the AI-led growth at the top.
Why does this matter for procurement and finance teams?
Rapid vendor growth is a practical warning sign, not just background context. A vendor growing this fast within your own stack often means usage is scaling quickly, exactly when consumption-based costs can spiral unexpectedly and when a newer, fast-scaling vendor most needs a proper risk review rather than a rushed sign-off. Vertice combines AI cost optimization with supplier risk management, so fast-scaling, usage-based spend gets tracked before it becomes a budget problem and newer vendors get properly vetted even when the pressure to move fast is high.
Data source: These insights are derived from over $75bn of global processed spend managed by Vertice in 2026. Q3 2026 figures are preliminary and based on data processed to date.
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