March 2026 Vertical AI Market Report
March 2026 vertical AI report covering 82 companies, 3 data changes, and sector-level ARR-per-employee benchmarks.
Report summary
| Companies tracked | Total ARR | Average ARR/employee | Changes |
|---|---|---|---|
| 82 | $13.8B | $198K | 3 |
Company changes
- New — Deepgram: Voice AI infrastructure platform. $22M ARR, 260 employees, $1.3B valuation. $130M Series C (Jan 2026).
- Updated — Harvey: New $200M round at $11B co-led by GIC & Sequoia (Mar 2026). 1,000+ clients, 25,000+ AI agents on platform.
- Updated — Legora: Funding corrected to $550M Series D at $5.55B (Mar 2026), led by Accel.
Sector breakdown
- Healthcare: 9 companies, $580M ARR, $219K average ARR/employee
- Legal: 10 companies, $1.0B ARR, $179K average ARR/employee
- Finance: 7 companies, $1.1B ARR, $180K average ARR/employee
- Sales: 8 companies, $810M ARR, $154K average ARR/employee
- Enterprise: 5 companies, $567M ARR, $174K average ARR/employee
- Defense: 3 companies, $8.7B ARR, $541K average ARR/employee