Insurance Tech Sector

Ultra Clean Holdings

Market Cap: US$4.1b

Develops and supplies critical subsystems, components and parts, and cleaning and analytical services for the semiconductor industry in the United States and internationally.

BILL Holdings

Market Cap: US$4.1b

Provides financial operations platform for small and midsize businesses worldwide.

Lumine Group

Market Cap: CA$5.7b

Develops, installs, and customizes software, and related professional and support services worldwide.

Mirion Technologies

Market Cap: US$4.0b

Provides radiation detection, measurement, analysis, and monitoring products and services in North America, Europe, and the Asia Pacific.

Vontier

Market Cap: US$4.0b

Provides mobility ecosystem solutions worldwide.

Box

Market Cap: US$4.0b

Provides a cloud content management platform that enables organizations of various sizes to manage cloud content from anywhere and on any device in Poland, Australia, Canada, the European Union, France, Israel, Japan, Singapore, Switzerland, the United Kingdom, and the United States.

Extreme Networks

Market Cap: US$3.9b

Develops, markets, and sells network infrastructure equipment and related software in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific.

Itron

Market Cap: US$3.7b

A technology, solutions, and service company, provides end-to-end solutions that help manage energy, water, and smart city operations worldwide.

Universal Display

Market Cap: US$3.7b

Engages in the research, development, and commercialization of organic light emitting diode (OLED) technologies and materials for use in display and solid-state lighting applications.

Power Integrations

Market Cap: US$3.7b

Designs, develops, manufactures, and markets analog and mixed-signal integrated circuits, and other electronic components and circuitry used in high-voltage power conversion.

AXT

Market Cap: US$3.7b

Designs, develops, manufactures, and distributes compound and single element semiconductor substrates.

monday.com

Market Cap: US$3.7b

Develops software applications in the United States, Europe, the Middle East, Africa, the United Kingdom, and internationally.

OSI Systems

Market Cap: US$3.6b

Designs and manufactures electronic systems and components in the United States and internationally.

Bel Fuse

Market Cap: US$3.5b

Designs, manufactures, markets, and sells products that power, protect, and connect electronic circuits.

Navitas Semiconductor

Market Cap: US$3.5b

Designs, develops, and markets power semiconductors in the United States, Europe, China, rest of Asia, and internationally.

Teradata

Market Cap: US$3.4b

Provides an AI and knowledge platforms in the United States and internationally.

RingCentral

Market Cap: US$3.4b

An agentic voice AI–powered cloud business communication services provider, delivering an integrated platform for business phone, SMS, contact center, workforce engagement management, video collaboration, and messaging.

Xanadu Quantum Technologies

Market Cap: CA$4.8b

Develops and provides photonic quantum computing technology and related software solutions and applications, including cloud-based access to quantum computers and tools for quantum programming and simulation.

Insight Enterprises

Market Cap: US$3.4b

Provides information technology, hardware, software, and services in the United States, rest of North America, Europe, Middle East, Africa, and the Asia-Pacific.

Q2 Holdings

Market Cap: US$3.4b

Provides digital solutions to financial institutions, financial technology companies, FinTechs, and alternative finance companies (Alt-FIs) in the United States.

nLIGHT

Market Cap: US$3.3b

Engages in the design, development, manufacture, and sale of semiconductor and fiber lasers for aerospace and defense, industrial, and microfabrication applications.

CCC Intelligent Solutions Holdings

Market Cap: US$3.3b

Operates as a software as a service (SaaS) company for the property and casualty insurance economy in the United States and China.

Megaport

Market Cap: AU$4.7b

Provides on-demand interconnection services in Australia, New Zealand, Hong Kong, Singapore, Japan, the United States of America, Canada, Mexico, and Brazil, and Europe.

Veeco Instruments

Market Cap: US$3.3b

Develops, manufactures, sells, and supports semiconductor and thin film process equipment primarily to make electronic devices in the United States, Europe, the Middle East, and Africa, China, Rest of the Asia-Pacific, and internationally.

SolarEdge Technologies

Market Cap: US$3.2b

Operates as an energy technology company in the United States, Europe, and internationally.

Penguin Solutions

Market Cap: US$3.2b

Designs, builds, deploys and manages enterprise solutions worldwide.

CleanSpark

Market Cap: US$3.2b

Operates as a bitcoin mining company in the Americas.

Agilysys

Market Cap: US$3.2b

Operates as a developer and marketer of software-enabled solutions and services to the hospitality industry in North America, Europe, the Asia-Pacific, and India.

Ambarella

Market Cap: US$3.2b

Develops low-power system-on-a-chip, semiconductors, and software for edge and physical artificial intelligence, applications, and intelligent automation.

Bitdeer Technologies Group

Market Cap: US$3.1b

Operates as a technology company for blockchain and high-performance computing (HPC) in Singapore, the United States, Bhutan, Norway, Finland, Ethiopia, Canada, and internationally.

Adeia

Market Cap: US$3.1b

Operates as a media and semiconductor intellectual property licensing platform company in the United States, Asia, Canada, Europe, the Middle East, and internationally.

IPE Universal

Market Cap: US$3.1b

Engages in the development and commercialization of mobile Voice over Internet protocol (VoIP) communications and mobile advertising applications in Malaysia and Hong Kong.

NetScout Systems

Market Cap: US$3.0b

Provides carrier service assurance, cybersecurity, and Distributed Denial-of-Service (DDoS) solutions to protect digital business services against disruptions.

Kinaxis

Market Cap: CA$4.3b

Provides cloud-based subscription software-as-a-service for supply chain operations in the United States, Europe, Asia, and Canada.

Workiva

Market Cap: US$3.0b

Provides cloud-based reporting solutions in the United States and internationally.

Ouster

Market Cap: US$3.0b

Engages in the production and sale of lidar sensor kits for the automotive, industrial, robotics, and smart infrastructure industries in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa.