The US is home to 50% of tech unicorns with collective value of $1.3 trillion
By MYBRANDBOOK
Unicorns – privately held startups worth over $1bn – first emerged in the US in the early 2000s, and the country continues to dominate the unicorn club. As of 31 August 2021, there were 751 tech unicorns globally, of which 379 are headquartered in the US - with a collective valuation of $1.3 trillion.
Priya Toppo, Analyst for the Thematic Team at GlobalData, comments: “The US is home to most unicorns operating within the cloud, fintech, healthtech, big data and cybersecurity fields. In fact, 70% of cloud unicorns are based in the country, as well as 46% of fintech unicorns and 68% of healthtech unicorns.”
GlobalData’s latest thematic report, ‘Tech Unicorns - Top 10 Themes in 2021’, reveals that US tech unicorns emerged even stronger following the COVID-19 pandemic. While there was a slowdown in tech unicorn formation in the US in 2020, with only 22 new unicorn businesses emerging in H1, however, the country saw 136 appear in the first half of 2021 - six times more than the previous year.”
Toppo adds: “Stripe is the most valuable tech unicorn in the US, with a valuation of $95bn, followed by SpaceX ($74bn) and Instacart ($39bn).
“California has emerged as the ‘land of tech unicorns’ in the US. It hosts 205 of the 379 tech unicorns in the Americas, followed by New York (64) and Massachusetts (17).”
Toppo adds: “While GlobalData expects the tech unicorn club in the US to grow further, it also expects at least 35 unicorns from the US to exit the unicorn club (going public, either through IPO or M&A) in the next two years. The biggest companies that are anticipated to list on the public market are Instacart, Stripe, Chime, Ripple and Databricks.”
BREAKING NEWS
TECHNO TRENDS
Legal Battle Over IT Act Intensifies Amid Musk’s India Plans
The outcome of the legal dispute between X Corp and the Indian government c...
Wipro inks 10-year deal with Phoenix Group's ReAssure UK worth
The agreement, executed through Wipro and its 100% subsidiary,...
Centre announces that DPDP Rules nearing Finalisation by April
The government seeks to refine the rules for robust data protection, ensuri...
Home Ministry cracks down on PoS agents in digital arrest scam
Digital arrest scams are a growing cybercrime where victims are coerced or ...
E-Magazine
TECHNOTAINMENT
Hrithik Roshan to endorse RuPay as Brand Ambassador
RuPay is reportedly planning to feature Bollywood superstar Hrithik Rosha
India Today Group launches – AI Pop Stars
Staying true to our industry leadership position in using cutting-edge tech
MOVERS & SHAKERS
TelioLabs ropes in Phaniraj V A as the Group CEO
TelioLabs has announced the onboarding of Phaniraj V A as its new Group CE
Wipro Appoints Amit Kumar as Managing Partner and Global Head
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading technology s
OPEN YOUR EYES
INTERVIEWS
Alpha Max offers high end solutions in the network space to en
The vision at Alpha Max is to attain quality as the trademark and create a
Delivering Critical Business Communication Solutions to Enterp
Arya Omnitalk and Syntel’s comprehensive suite of solutions and more than
HOT PICK
MSI Announces the availability of RTX 50 series of laptops in
MSI, the innovative computing manufacturer in gaming, creator
Nothing Phone (3a) goes on sale today, starting at Rs 19,999
The phone was launched on March 4, featuring a 50MP main, ultra-wide, and t
MAKE IN INDIA BRANDS
EXIDE INDUSTRIES LTD.
ZOHO CORPORATION PVT. LTD.
MATRIX COMSEC PVT. LTD.
SECUREYE SERVICES PVT. LTD.
EMINENT CIO'S OF INDIA
ICONS OF INDIA
ICONS OF INDIA : SANJAY GUPTA
Sanjay Gupta is the Country Head and Vice President of Google India an...
ICONS OF INDIA : RAJIV MEMANI
As Chair of the EY Global Emerging Markets Committee, Rajiv connects e...
ICONS OF INDIA : RISHAD PREMJI
Rishad Premji is Executive Chairman of Wipro Limited, a $11.3 billion ...
PARTNER SPEAKERS
PSU
LIC - Life Insurance Corporation of India
LIC is the largest state-owned life insurance company in India...
STPI - Software Technology Parks of India
STPI promotes and facilitates the growth of the IT and ITES industry i...
TCIL - Telecommunications Consultants India Limited
TCIL is a government-owned engineering and consultancy company...
VIDEOS
Top 25 Brands
Global Indian industry
Indian Tech Talent Excelling The Tech World - ANJALI SUD, CEO – Tubi
Anjali Sud, the former CEO of Vimeo, now leads Tubi, Fox Corporation...
Indian Tech Talent Excelling The Tech World - NEAL MOHAN, CEO - Youtube
Neal Mohan, the CEO of YouTube, has a bold vision for the platform’s...
Indian Tech Talent Excelling The Tech World - Vinod Dham, Founder & Executive Managing Partner, IndoUS Venture Partners
Vinod Dham, known as the “Father of the Pentium Chip,” has left an...
ITFORUM 2025
CMO of the Year
WOMEN LEADERSHIP
IMAGE GALLERY
TRENDS IN TECHNOLOGY
MORE VIDEOS
ADVERTISEMENTS
TECHNOLOGY DISRUPTION
UNICORNS REVOLUTIONISING
of images belongs to the respective copyright holders
