OpenAI ARR hit $40B ahead of IPO

SalesDraft has reached $3M ARR within 20 months since commercialization, supported by 600+ customers. The company demonstrates rapid growth and market traction, focusing on customer satisfaction and engagement. This milestone highlights its effectiveness in scaling solutions for SMBs and positions it as a rapidly growing player in the sales and marketing space.

Legora has achieved impressive growth, reporting $150M ARR, up 50% from $100M in April. This growth reflects significant traction in the legal AI space, as its ARR was just $50M at the end of 2025 and $3M in its early stages. Legora now serves over 1,000 customers across 50 markets, including industry leaders Barclays, White & Case, and Linklaters. The company has scaled aggressively, increasing headcount from 40 to 400 within a year. Recently raising funds at a valuation exceeding $10B, nearly double its $5.55B valuation from its Series D, Legora is positioned as a dominant player in AI-driven legal technology.

Bending Spoons reported $704 million in Q2 2026 revenue, a 126% increase from Q2 2025. Operating income surged to $240 million, a 139% year-over-year growth, while adjusted operating income totaled $381 million, marking a 150% growth compared to the previous year. During this period, diluted earnings per share rose to $0.28, a 163% increase year-over-year, and adjusted EPS reached $0.46, up 167%. Additionally, the acquisition of Tractive, a subscription-based pet tracking service, was completed in May 2026 for an enterprise value of $759M. Bending Spoons concluded the quarter with $793M in cash and $1.28B in borrowing capacity through revolving credit facilities.

Overjoy has surpassed $2M in ARR, as announced by co-founder Jun Kwak. The milestone was achieved during a team onsite in NYC, showcasing the company's growth in the AI-driven sales market for CPG wholesale. Jun emphasizes that the company is still in early stages but has substantial potential for further building and scaling.

Papermark achieved $3M in ARR in under 2.5 years by focusing on customers and continuous improvement. It reached $1M ARR in 18 months, scaled to $2M in 6 months, and hit $3M just 4 months afterward. Key growth metrics include tens of thousands of teams signed up, millions of viewed data rooms and documents, and billions in deal volume running through the platform. With plans to scale further, they aim to hit a $10M ARR milestone next.