Toptal accepts the top 3% of several thousand monthly applicants through personality, language, and skills testing to screen candidates remotely. Toptal was the highest ranked professional services firm on America's Most Reliable Companies 2026, a list published by Newsweek and Statista based on an independent survey of 2,400 decision-makers at Fortune 500 companies. The company is said not to have raised additional funds since its seed round because it has been profitable.
Cyborg Score Rationale
Toptal has over $5 billion in global payments, $200 million in annual revenue, and 70k contracts signed. The company reports more than 35,000 clients from small and medium businesses to Fortune 500 companies in various industries, including technology, financial services, healthcare, retail, and manufacturing, with notable clients including J.P. Morgan, Pfizer, Airbnb, and Zendesk. Toptal's most recent deal was a Merger/Acquisition with Adeva made on May 26, 2026, demonstrating continued expansion.
Top Insights
Toptal is the world's largest fully remote workforce with over $5 billion in global payments and $200 million in annual revenue
The company accepts only the top 3% of applicants, creating a highly exclusive talent network as a defensible competitive moat
The company achieves substantial revenue increases and remains profitable without raising additional funding since its seed round
Toptal's Q1 2026 High-skilled Job Report shows that demand for experienced remote and hybrid technology and professional services talent continues to grow even as the broader job market slows, reflecting favorable tailwinds for the business
Named Competitors
Andela — Talent marketplace for software developers and tech professionals
(May 2026) Toptal announced the acquisition of Adeva, a global IT talent network that connects enterprises and fast-growing companies with highly vetted developers, architects, and technology professionals
(2026) Toptal launched TechResume, a premium service that helps tech professionals create job-winning resumes, optimize LinkedIn profiles, and receive 1-on-1 career coaching
(2026) Toptal launched HireGlobal, a groundbreaking, cost-effective global hiring, payroll, and compliance solution built on Toptal's years of experience in global payroll services
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