The largest software companies in Germany

Software and AI companies headquartered in Germany and worth $500M or more, ranked by value. 47 companies qualify. How the leaderboard is built

Rank	Company	Value	Founded	Headquarters	Ownership	CEO
1	SAP 1972 · Walldorf, Germany	$254B	1972	Walldorf, Germany	Public	Christian Klein
2	Siemens 1847 · Munich, Germany	$236B	1847	Munich, Germany	Public	Roland Busch
3	Trade Republic 2015 · Berlin, Germany	$14.5B	2015	Berlin, Germany	Private	Christian Hecker
4	Celonis 2011 · Munich, Germany	$13.0B	2011	Munich, Germany	Private	Alex Rinke
5	Personio 2015 · Munich, Germany	$8.50B	2015	Munich, Germany	Private	Hanno Renner
6	P&I Personal & Informatik 1968 · Wiesbaden, Germany	$5.95B	1968	Wiesbaden, Germany	PE	Vasilios Triadis
7	n8n 2019 · Berlin, Germany	$5.20B	2019	Berlin, Germany	Private	Jan Oberhauser
8	Aareon Group 1957 · Mainz, Germany	$4.21B	1957	Mainz, Germany	PE	Hartmut Thomsen
9	Black Forest Labs 2024 · Freiburg im Breisgau, Germany	$4.00B	2024	Freiburg im Breisgau, Germany	Private	Robin Rombach
10	Software AG 1969 · Darmstadt, Germany	$4.00B	1969	Darmstadt, Germany	PE	Sanjay Brahmawar
11	Contentful 2013 · Berlin, Germany	$3.00B	2013	Berlin, Germany	Private	Karthik Rau
12	Parloa 2018 · Berlin, Germany	$3.00B	2018	Berlin, Germany	Private	Malte Kosub
13	Forto 2016 · Berlin, Germany	$2.10B	2016	Berlin, Germany	Private	Guillaume Petit-Perrin
14	Hornetsecurity 2007 · Hanover, Germany	$2.09B	2007	Hanover, Germany	Acquired	Daniel Hofmann
15	DeepL 2009 · Cologne, Germany	$2.00B	2009	Cologne, Germany	Private	Jarek Kutylowski
16	Commercetools 2006 · Munich, Germany	$1.90B	2006	Munich, Germany	Private	Andrew Burton
17	think-cell Software 2002 · Berlin, Germany	$1.88B	2002	Berlin, Germany	PE	Alexander von Fritsch
18	Host Europe 1997 · Cologne, Germany	$1.82B	1997	Cologne, Germany	Acquired	Claus Boyens
19	Thinkproject 2000 · Munich, Germany	$1.76B	2000	Munich, Germany	PE	Renzo Taal
20	Nexus 1989 · Donaueschingen, Germany	$1.33B	1989	Donaueschingen, Germany	PE	Ingo Behrendt
21	LeanIX 2012 · Bonn, Germany	$1.30B	2012	Bonn, Germany	Acquired	André Christ
22	TeamViewer 2005 · Goppingen, Germany	$1.21B	2005	Goppingen, Germany	Public	Oliver Steil
23	Choco 2018 · Berlin, Germany	$1.20B	2018	Berlin, Germany	Private	Daniel Khachab
24	Signavio 2009 · Berlin, Germany	$1.15B	2009	Berlin, Germany	Acquired	Gero Decker
25	Unzer 2003 · Berlin, Germany	$1.11B	2003	Berlin, Germany	PE	Robert Bueninck
26	Chaos Software 1997 · Karlsruhe, Germany	$1.08B	1997	Karlsruhe, Germany	PE	Iveta Cabajova
27	Staffbase 2014 · Chemnitz, Germany	$1.03B	2014	Chemnitz, Germany	Private	Martin Böhringer
28	GetYourGuide 2007 · Berlin, Germany	$1.00B	2007	Berlin, Germany	PE	Johannes Reck
29	Taxfix 2016 · Berlin, Germany	$1.00B	2016	Berlin, Germany	Private	Martin Ott
30	Osapiens 2018 · Mannheim, Germany	$1.00B	2018	Mannheim, Germany	PE	Alberto Zamora
31	PSI Software 1969 · Berlin, Germany	$988M	1969	Berlin, Germany	PE	Robert Klaffus
32	Adjust 2012 · Berlin, Germany	$968M	2012	Berlin, Germany	Acquired	Simon “Bobby” Dussart
33	Cognigy 2016 · Dusseldorf, Germany	$955M	2016	Dusseldorf, Germany	Acquired	Philipp Heltewig
34	Talon.One 2015 · Berlin, Germany	$873M	2015	Berlin, Germany	Private	Christoph Gerber
35	AMBOSS 2012 · Berlin, Germany	$868M	2012	Berlin, Germany	Private	Madjid Salimi
36	Agile Robots 2018 · Munich, Germany	$850M	2018	Munich, Germany	Private	Zhaopeng Chen
37	Raisin 2012 · Berlin, Germany	$763M	2012	Berlin, Germany	Private	Tamaz Georgadze
38	Lingoda 2013 · Berlin, Germany	$735M	2013	Berlin, Germany	Private	Dominic Rowell
39	AnyDesk 2014 · Stuttgart, Germany	$660M	2014	Stuttgart, Germany	Private	Philipp Weiser
40	STP Informationstechnologie 1993 · Karlsruhe, Germany	$640M	1993	Karlsruhe, Germany	Acquired	Oliver Bendig
41	Billie 2016 · Berlin, Germany	$639M	2016	Berlin, Germany	Private	Christian Grobe
42	Leapsome 2016 · Berlin, Germany	$593M	2016	Berlin, Germany	Private	Kajetan Armansperg
43	AppLike Group 2015 · Hamburg, Germany	$544M	2015	Hamburg, Germany	Private	Jonas Thiemann
44	IDnow 2014 · Munich, Germany	$538M	2014	Munich, Germany	PE	Andreas Bodczek
45	Pitch 2018 · Berlin, Germany	$528M	2018	Berlin, Germany	Private	Adam Renklint
46	Spryker 2014 · Berlin, Germany	$500M	2014	Berlin, Germany	Private	Stefan Ropers
47	Moss 2019 · Berlin, Germany	$500M	2019	Berlin, Germany	Private	Ante Spittler

The largest software companies in Germany

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