Are you a startup founder or entrepreneur looking to make your mark in the business world? Are you familiar with unicorns, those rare, highly valuable companies that have been estimated to be worth over one billion dollars? Look no further; we've rounded up the 20 most valuable unicorns in the world.
1. ByteDance
Valuation: $220B
Industry: Internet and Social Media
Founder: Zhang Yiming
Country: China
ByteDance's platforms are designed to inform, educate, entertain, and inspire people worldwide. With its user-friendly interface and easy-to-use tools, ByteDance's platforms are empowering people to be creators directly from their smartphones. From short-form videos, news feeds, educational content to a social networking app, ByteDance has been making an impact in the online world, making it the most valuable unicorn in the world.
2. Ant Group
Valuation: $150B
Industry: Financial Services
Founder: Hitters Xu, Jack Ma
Country: China
Ant Group is taking the crucial steps to pave the way for the digital transformation of the service industry. As one of the leading global technology companies, they aim to establish a robust infrastructure and platform that can support small businesses and consumers alike. Their goal is to provide equal access to financial and other services that are inclusive and sustainable, as well as green. By providing efficient and cost-effective solutions, Ant Group aims to create a level playing field for everyone, enabling them to grow and succeed.
3. SpaceX
Valuation: $125B
Industry: Aerospace
Founder: Elon Musk
Country: USA
SpaceX is a cutting-edge space technology company that has revolutionized space exploration and transportation. With a strong focus on space transportation, SpaceX designs, manufactures and launches advanced rockets and spacecraft. This pioneering company has developed a wide range of crew and cargo capsules, engines, cryogenic tank structures, avionics, equipment, guidance and control software, making it a leading player in the space industry.
4. Reliance Retail
Valuation: $100B
Industry: Retail, Consumer Goods
Founder: Mukesh Ambani
Country: India
Reliance Retail is a prominent player in the Indian retail industry offering a range of shopping options to customers. With a strong online presence and a chain of neighborhood stores, supermarkets, and wholesale/specialty stores, Reliance Retail has become a one-stop-shop for all your shopping needs. Their online shopping platform makes it convenient for customers to browse and compare products from the comfort of their own homes, while their physical stores provide a personalized shopping experience. Whether you are looking for groceries, fashion, electronics, or home essentials, Reliance Retail has got you covered. With a focus on innovation and customer satisfaction, they continue to revolutionize the retail space in India.
5. Shein
Valuation: $66B
Industry: Ecommerce, Fashion
Founder: Yangtian Xu
Country: China
Shein is an online marketplace that expressly caters to women's fashion needs. With a global presence in over 220 countries and regions, Shein has established itself as an international B2C fast fashion e-commerce platform. What sets it apart from other online retailers is its use of on-demand manufacturing technologies, which efficiently connects suppliers to an agile supply chain, ultimately reducing inventory waste. As a result, customers can expect nothing but the latest fashion trends at a fraction of the cost.
6. Reliance Jio
Valuation: $58B
Industry: Telecommunications
Founder: Mukesh Ambani
Country: India
Reliance Jio is an Indian telecommunications company that has brought about a digital transformation in India by providing affordable and high-speed internet access to millions of people. The company's innovative strategies such as free voice calls, data plans, and a wide range of digital services have disrupted the traditional telecom industry and changed the way people connect with each other.
7. Stripe
Valuation: $50B
Industry: FinTech
Founder: John Collison, Patrick Collison
Country: USA
Stripe is a powerhouse in the world of online payment processing and commerce solutions. With its vast suite of APIs, Stripe enables internet businesses of all sizes to seamlessly integrate payment processing and management into their online platforms. Whether you are a small start-up or a large-scale enterprise, Stripe has a range of solutions designed to meet your unique needs. From payment acceptance and to billing and subscription management, Stripe provides a comprehensive suite of tools to help businesses succeed in the digital marketplace. With its user-friendly interface and reliable performance, Stripe has become a go-to choice for businesses looking to streamline their online payment processes.
8. Databricks
Valuation: $43B
Industry: Software, Analytics
Founder: Ali Ghodsi, Andy Konwinski, Arsalan Tavakoli-Shiraji, Ion Stoica, Matei Zaharia, Patrick Wendell, Reynold Xin
Country: USA
Databricks is a powerful software platform that helps businesses streamline their analytics process by unifying data science and data engineering. This platform provides a unique opportunity for data scientists to collaborate with their engineering counterparts and business leaders to build data products that can transform the way businesses make decisions.
9. Checkout.com
Valuation: $40B
Industry: FinTech
Founder: Guillaume Pousaz
Country: United Kingdom
As businesses continue to move towards a digital future, the importance of a reliable payment solution cannot be understated. This is where Checkout.com comes in. As a leading global provider of payment solutions, their platform has empowered businesses of all sizes to thrive in the digital economy. From payments processing to fraud prevention, Checkout.com's suite of products is tailored to meet the needs of businesses and communities in today's digital landscape.
10. JUUL
Valuation: $38B
Industry: Consumer Electronics
Founder: Adam Bowen, James Monsees
Country: USA
JUUL is a well-known electronics company in the US that has changed the game for adult smokers. They specialize in providing a range of vape products that aim to improve the smoking alternative for adults. JUUL's nicotine vaporizer has been one of the biggest launches in recent years and has established itself as a simply satisfying alternative to traditional cigarettes.
11. Revolut
Valuation: $33B
Industry: FinTech
Founder: Nikolay Storonsky, Vlad Yatsenko
Country: United Kingdom
Revolut is a leading financial services company that has revolutionized the way people handle their money. Its focus on mobile banking, card payments, money remittance, and foreign exchange has allowed customers to easily manage their finances on-the-go. With its sleek app design and user-friendly interface, Revolut has made banking simple and accessible for everyone.
12. Fanatics
Valuation: $31B
Industry: Retail, Sports
Founder: Alan Trager, Jason Watkins, Michael G. Rubin, Mitch Trager
Country: USA
Fanatics is a sports merchandise retailer that has become one of the most notable and influential companies in the sports world. With a focus on manufacturing fan gear and jerseys, Fanatics has created a vast selection of products that are sold across retail channels. The company's dedication to creating high-quality merchandise and a wide array of options has established it as a leader in the sports merchandise industry.
13. Alibaba Bendi Shenghuo Fuwu Gongsi
Valuation: $30B
Industry: Delivery Service
Country: China
Alibaba Bendi Shenghuo Fuwu Gonsi is a holding company created by Alibaba Group to provide on-demand online services. Its two major components are Ele.me and Koubei, which effectively merged in August 2018. The focus of the company is to provide easy and convenient access to food delivery services and restaurant guides, making it one of the go-to options for urban residents. By merging with Koubei, Alibaba Bendi Shenghuo Fuwu Gonsi effectively gained a comprehensive ecosystem for local food service, making it a prominent player in the industry.
14. Cruise
Valuation: $30B
Industry: Autonomous Vehicles, Automotive
Founder: Daniel Kan, Kyle Vogt
Country: USA
Cruise is a company that is revolutionizing the way people connect to places and things by building self-driving vehicles. With cutting-edge technology, Cruise is leading the charge in making travel safer, more convenient, and more enjoyable than ever before. By leveraging its expertise in autonomous driving, Cruise is able to produce vehicles that can transport passengers safely and efficiently to their desired destination.
15. Waymo
Valuation: $30B
Industry: Automotive
Founder: Anthony Levandowski, Sebastian Thrun
Country: USA
Waymo is a self-driving technology company that is pioneering a new era in mobility. With a mission to create a safer and more convenient way for people and goods to move around, Waymo stands at the forefront of the autonomous vehicle revolution. By harnessing the power of AI, Waymo is redefining the way we think about transportation.
16. OpenAI
Valuation: $29B
Industry: Artificial Intelligence, Software
Founder: Carlos Virella, Elon Musk, Greg Brockman, Ilya Sutskever, John Schulman, Rafsan Shahriar, Sam Altman, Wojciech Zaremba
Country: USA
OpenAI is a groundbreaking research organization that has been making waves in the world of artificial intelligence. As an AI research and deployment company, their mission is to promote the responsible advancement of machine learning and push the boundaries of what AI can accomplish. OpenAI is dedicated to ensuring that artificial intelligence is developed safely and for the benefit of all people. Through their innovative research, they are helping to reshape our understanding of the possibilities of AI. With the potential to revolutionize industries and transform our everyday lives, OpenAI is at the forefront of one of the most exciting fields of research in the modern era.
17. Canva
Valuation: $25B
Industry: Graphic Design
Founder: Cameron Adams, Cliff Obrecht, Melanie Perkins
Country: Australia
Canva is a popular online platform that has revolutionized the world of graphic design. It caters to users who may not have a background in design, providing them with a friendly, user-friendly interface to create amazing designs. With its vast library of templates, images, and design elements, Canva makes it easy to create social media posts, posters, invitations, and even infographics.
18. Chime
Valuation: $25B
Industry: Fintech
Founder: Chris Britt, Ryan King
Country: USA
Chime is a financial technology company that has made its mark in the world of mobile banking services. Chime has been able to provide its users with a seamless banking experience that is mobile and easy to use. One of the key things that Chime has done well is to enable its users to access all the services offered by traditional banks on a mobile platform, which is a game-changer for many people.
19. Epic Games
Valuation: $23B
Industry: Gaming
Founder: Mark Rein, Tim Sweeney
Country: USA
Epic Games is known for developing some of the most popular interactive games in the market today. The company's game engine technology has also revolutionized the way developers create and design their own games. Epic Games has been at the forefront of innovation, offering stunning graphics, engaging storylines, and exciting gameplay experiences for players across the globe. With a commitment to excellence in everything they do, Epic Games consistently raises the bar for the entire industry and inspires countless game developers to pursue their own creative ambitions.
Looking for the complete list of unicorn companies?
Check out the "Unicorn Universe" - our comprehensive resource that brings together an extensive compilation of unicorn startups worldwide.