{fullWidth}Ever heard of a unicorn? If you are imagining the beautiful mythical creature then you are wrong! Today’s generation has a different understanding of unicorns, thanks to Mr Aileen Lee, who popularized the term in 2013. So, what exactly is a unicorn? It is a private startup company that has a valuation of over $1 billion.
What is more shocking is that there are more than 900 unicorns across the world as recorded till December 2021. It makes you think the world is rich, isn’t it? Some of the former popular unicorns around the world are Facebook, Google, and Airbnb. Did it ring a bell? Well, it should! These unicorns later went on to become some of the largest companies in the world. We are here to look into the unicorns that are currently ruling the US.
Given below is a list of the top unicorns in the United States. We have curated a list of the best startup companies that have made a mark in the US market in a very short period.
1. SpaceX
2. Stripe
3. Epic Games
4. Instacart
5. Databricks
6. Chime
7. Fanatics
8. Gopuff
9. Plaid Technologies
10. Grammarly
11. Faire
12. Brex
13. JUUL Labs
FAQ
1. SpaceX
Country- USA
Valuation- $100 billion
Unicorn Entry- 2012
SpaceX or Space Exploration Technologies Corp. was founded in 2002 by Elon Musk. Its headquarters are in Hawthorne, California. Musk founded SpaceX with the aim to reduce space transportation costs and to conduct the colonization of the planet Mars. The company has developed a liquid propellent rocket, a spacecraft, and an orbital rocket among its many products. It is on the verge of creating a mega constellation named Starlink for providing commercial internet services.
2. Stripe
Country- United States
Valuation- $95 billion
Unicorn Entry- 2014
Stripe is a financial services company that is headquartered in San Francisco. However, it also has another headquarter in Dublin, Ireland. Stripe usually works with e-commerce websites and mobile applications. One of its major achievements includes the introduction of Radar, an anti-fraud tool to block fraud transactions.
3. Epic Games
Country- United States
Valuation- $42 billion
Unicorn Entry- 2018
Epic Games is a popular video game and software development company is headquartered in Cary, California. This unicorn was founded by Tim Sweeney in 1991. It was earlier named Potomac Computer Systems. Its first commercial video game release was ZZT in 1991. It is mostly known for developing the commercially available game engine, Unreal Engine. It is also used to power internally developed video games.
4. Instacart
Country- United States
Valuation- $39 billion
Unicorn Entry- 2014
This popular retail company operates both in the US and Canada. Instacart operates a grocery delivery service and a pickup service in both countries. The company’s services are offered through its web and mobile app.
5. Databricks
Country- United States
Valuation- $38 billion
Unicorn Entry- 2019
Databricks is a popular software company that was founded in 2013. The creators of Apache Spark created this unicorn with the aim of creating multiple open-source projects. Most of them spin around data science, data engineering, and machine learning. It mostly develops and sells cloud data platforms.
Pratyusha Srivastava
6. Chime
Country- United States
Valuation- $25 billion
Unicorn Entry- 2019
This financial technology company provides free mobile banking services owned and provided by Central National Bank or The Bankcorp Bank. It issues Visa debit cards to the account holders and they also get access to the online banking system. The company earns a majority of its revenue through the collection of interchange fees.
7. Fanatics
Country- United States
Valuation- $18 billion
Unicorn Entry- 2012
This popular American retailer unicorn, Fanatics was developed in 1995 and is headquartered in Jacksonville, Florida. It mostly deals with sports merchandise, equipment, and sportswear. Founded by Alan Trager, Fanatics proudly boasts of having connections with over 1080 product vendors and companies like Majestic, Adidas, Reebok, Nike, and more.
8. Gopuff
Country- United States
Valuation- $15 billion
Unicorn Entry- 2020
This food delivery company operates not only in the US but also in England. Its headquarters are currently in Philadelphia. The unicorn boasts of operating in over 650 cities in the US. You will also be shocked to know that the company's worth as of 2021 is $15 billion. It makes for a huge amount, isn't it?
9. Plaid Technologies
Valuation- $13.4 billion
Unicorn Entry- 2018
This is also a fintech startup that is headquartered in San Francisco, California. It is responsible for building a data transfer network that is known to power Fintech and other digital finance products. The company also hosts a technology platform that enables the applications to connect with the bank accounts of the users. Apart from the US, Plaid Technologies also operates in the UK, Canada, Spain, France, Ireland, and the Netherlands.
10. Grammarly
Valuation- $13 billion
Unicorn Entry- 2019
Who doesn't know Grammarly? This popular cloud-based writing assistant has helped millions of users around the world correct their grammar and tone. It uses a special AI method to identify mistakes and search for an alternative for those words in the platform. It was initially released in 2009 and remains one of the most popular writing assistants in today's world. Right from reviewing spellings, punctuation, grammar, engagement, and clarity, it looks for everything in content.
Anik Banerjee
11. Faire
Valuation- $12.4 billion
Unicorn Entry- 2019
It is another popular eCommerce platform based out of the US. Users can shop from over 40,o00 independent brands through Faire's website. It acts as a wholesale marketplace for both brands and retailers. It mostly helps the retailers find and buy unique merchandise as per their demands or requirements.
12. Brex
Valuation- $12.3 billion
Unicorn Entry- 2018
This technology company deals in financial services and is headquartered in San Francisco, California. It not only offers cash management accounts but also business credit cards to other technology companies who require them. The cards offered by Brex are business charge cards and are issued by the Emigrant Bank.
13. JUUL Labs
Valuation- $12 billion
Unicorn Entry- 2017
It is an electronic cigarette company that was carved out of Pax Labs a few years ago in 2017. The electronic cigarette made by JUUL labs atomizes the nicotine salts that are derived from tobacco. Moreover, one-time-use cartridges are used to provide the products for the same. This popular company headquarters is in San Francisco. If you are not aware, JUUL even became the most popular e-cigarette in the US back in 2017.
Conclusion
With the advent of growing competition in the market, unicorns are striving hard and leaving no stone unturned to remain in the field. This is happening in every part of the world and the US seems to be leading the way here. Multiple unicorns have already reached heights of success while a few others have just entered the market. Only time will tell what lies in the fate of these non-mythical, real unicorns that are currently running for success and fame.
FAQ
How many unicorns are there in the United States?
There are approximately 487 Unicorns in the USA.
Which city has the most unicorns in the United States?
San Francisco has the most unicorns with a total count of 203 unicorns.
How many unicorns are there in the world?
As of January 2022, there are more than 1000 unicorns in the world.
Author :- S N Source :- https://startuptalky.com/top-unicorn-startups-united-states/ Date :-January 26, 2022 at 10:22PM{fullWidth}
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