COVID is worse for people with heart disease, and damages the heart for those who had the virusRead more...
The firm has invested in 12 companies that hit that mark, and made six of them in the early stages
As we all already know by now, as valuations have been creeping up, so has the number of companies that are reaching $1 billion valuations. In fact, it has jumped massively in just the last year or so. But what about from the venture capital side? Which ones are leading the charge on these so-called "unicorns"?
The venture capital database has taken a look at the top VC firms and see which had not only invested in the now 53 companies that have reached this level, but also how many invested early, meaning the seed and Series A stage, and were therefore able to increase their investment.
In all, there are 8 investors that have at least eight of their portfolio companies now valued at at least $1 billion dollars.
The clear winner is Sequoia Capital. The firm has invested in 13 unicorns, including AirBnB, Houzz, Square, Jawbone, Evernote, Dropbox, and Eventbrite. And Sequoia got to almost half, six of them, at an early stage, including Airbnb, Stripe and Instacart. The firm lead all others in both counts.
Right behind it was Accel Partners, with 10 investments, and five of them done early. The firm put money into companies that included DocuSign, Sunrun, Cloudera and Lookout, with early investments in Qualtrics, Razer and Slack.
Kleiner Perkins Caufield & Byers was high on the list as well, coming in second with 12 total investments, but none of them early. They included AppDynamics, Bloom Energy, Uber, Magic Leap and Snapchat.
In contrast, firms like Khosla Ventures, which invested in seven unicorns, made five of those early; SV Angel made six, with five coming early.
The list includes more than just venture capital firms, but investment banks like Goldman Sachs and T. Rowe Price, as well. Goldman made nine investments in eventual $1 billion companies, including Gilt, SurveyMonkey and WeWork. T. Rowe Price made 11, with investments in Pure Storage, Cloudera, MongoDB and Houzz.
"The diversity of top unicorn investors highlights the ascent of a new class of hedge fund, mutual fund, investment bank and private equity investors clamoring to get into high flying tech companies," CB Insights wrote.
How crazy was 2014 in regard to ballooning valuations? In that single year alone, 38 different companies entered the $1 billion club. That is more than the three previous years put together, when only 22 companies made it combined.
Others that made it into the club last year included Credit Karma, Delivery Hero, Hootsuite, JustFab, Kabam, Snapdeal and Tango.
(Image source: leadnet.org)
Support VatorNews by Donating
Read more from our "Trends and news" series
The transaction will value the company at $1.05 billionRead more...
The company saw its revenue more than triple in 2020, as therapy sessions increased 6,000%Read more...
Related Companies, Investors, and Entrepreneurs
Joined Vator on
Airbnb.com is the “Ebay of space.” The online marketplace allows anyone from private residents to commercial properties to rent out their extra space. The reputation-based site allows for user reviews, verification, and online transactions, for which Airbnb takes a commission. As of June, 2009, the San Francisco-based company has listings in over 1062 cities in 76 countries.
Joined Vator on
CB Insights is a private company database that provides real-time information on the world's most promising companies, their investors, their acquirers and the industries they compete in to help you invest smarter.
Since launching in 2010, CB Insights has become the most trusted and loved source for private company information. Hundreds of clients (including New Enterprise Associates, Cisco, Salesforce, Castrol and Comcast) rely on CB Insights to help them answer the tough questions.
If you like data, startups or quality analysis, join the other 110,000+ subscribers of our free newsletter.
We received a grant from the National Science Foundation in 2010 and Series A investment from RSTP in 2015.
We're hiring! Want to join a fast-moving, fun-loving group of data lovers? Head over to our jobs page.
Joined Vator on
Our goal at Evernote is to give everyone the ability to easily capture any moment, idea, inspiration, or experience whenever they want using whichever device or platform they find most convenient, and then to make all of that information easy to find.
And we’ve done just that. From creating text and ink notes, to snapshots of whiteboards and wine labels, to clips of webpages, Evernote users can capture anything from their real and digital lives and find it all anytime.