Every start-up has a story, but not all of them live long enough to tell them. But those that do, inspire the next wave of start-ups and the chain continues. Be it started in a garage or right after dropping out of college, the inspiring tales of some of the biggest start-ups have transformed into successful business models with multi-billion-dollar valuation. The first step to that is hitting that first milestone of $1 billion valuation to be called a unicorn start-up.
Even though the times are changing and start-ups hitting $1 billion valuation are not as rare as unicorns, there are some that go on the change the world while becoming decacorn ($10 billion valuation) and hectocorn ($100 billion valuation) start-ups. But the new crop of start-ups on path to becoming the next unicorns are diverse, focusing on software, back-end support, millennial women and more.
CB Insights, a firm that tracks venture capital and start-ups, shared a list of 50 start-ups that could be the next billion-dollar unicorns. The list includes some popular names such as CarDekho, Practo, DailyHunt, ClearTax among others. Check out the complete list (via The New York Times) here:
Airwallex – A foreign exchange and international payments platform
Alto Pharmacy – An online marketplace for all your medicinal needs
Amplitude – Supports digital business using analytics tools
Beisen – Provides talent management and measurement solutions
Benchling – A life science data management and collaboration platform
BetterCloud – Protects cloud software companies from cyber threats
Blend – Mortgage and consumer loan application software provider for lenders
Braze – Mobile marketing software developer
C2FO – FinTech company providing access to working capital
CarDekho Group – Online sales, financing, insurance for auto and education services
CargoX – Provides solution to make trucking companies more efficient using technology
Carta – Offers equity management services for investors, founders and employees
Checkr – Offers seamless background verification for workers
Citymapper – Google Maps-like software to help with transit and navigation in cities
ClearTax – Simplifies filing of taxes and managing investments
Contentful – Makes software for digital content
DailyHunt – A source for news and entertainment via app
Datrium – A cloud storage provider
DeepMap – Improves autonomous vehicles using mapping technology
Deputy – Provides staff management software
Domino Data Lab – Provides software for data management
Earnin – A short-term loan provider
Embark Trucks – Makes self-driving semi-trucks
Expanse – Provides security for internet-connected devices in large companies
Faire – Wholesale marketplace for boutiques and small vendors
Farmers Business Network – Buy, sell crops and share and analyse data online for farmers
Flywire – Payment software for global transactions
Front – Develops email collaboration software
Glossier – One stop shop for your skin-care and beauty products
Grow Mobility – Dockless bikes and scooter services
HackerOne – Discovers software vulnerabilities and patches them up
KRY – App-based doctor consultation platform for patients
MapBox – Provides mapping technology
Marqeta – A payment card platform
Medbanks Network Technology – Makes oncology systems
Miaoshou Doctor – Helps doctors and patients communicate online
Onshape – Provides cloud-based design tools for manufacturing
Outreach – A sales engagement platform
Practo Technologies – Online communication platform for doctors and patients
QuintoAndar – A residential real estate rental platform
Razorpay – Online payment provider for merchants
RigUp – Helps contract workers in the energy industry to find work
SalesLoft – Helps companies increase sales through technology solutions
Segment – A platform for gathering and managing data
SiSense – Software for analysing and visualising data
Sonder – Helps find apartment-like hotels in cities
Standard Cognition – AI tools provider for physical stores
Upgrade – Online lending platform
Xiangwushuo – A platform where people can swap used items
Zola – An online wedding planning and registries platform
