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There have been 16 companies valued at $1 billion in 2015, putting us on pace for 50 this year
(Come mingle with hundreds of top venture capitalists representing $10B-plus in capital under management, including Khosla Ventures, Greylock and Javelin Venture Partners, and learn from founders/CEOs including Marco Zappacosta, Co-founder & CEO of Thumbtack and Adam Goldenberg, CEO of JustFab, Slava Rubin, Founder & CEO of Indiegogo, at Vator Splash Oakland on April 22nd and 23rd. Get your tickets here!)
It's no secret that so-called "unicorns," or companies that have a valuation of at least $1 billion, are becoming more prevalent.
In 2014 alone, 38 different companies entered the $1 billion club. That is more than the three previous years, when only 22 companies made it combined. That included Kabam, Tango, Eventbrite, and JustFab.
Amazingly, this year is already on track to surpass that number, by far, according to a new report out from CB Insights. In just the first four months of this year, 16 companies have already reached unicorn status.
In March alone 7 companies raised money at billion-dollar valuations, and two of them were added to the list in just the last day! If that number holds, there will be 50 new billion dollar companies by the end of this year.
"By the time you finish reading this research brief, 2-3 more will likely be added to the club. Yes – things are just that nuts," wrote CB Insights, I'm guessing only half jokingly.
Of the 16 new billion dollar companies, six of them are international. While every unicorn based in the United States had raised money in a late-stage financing round, two of the six international unicorns raised at a mid stage round.
Here's the list of all the companies that have become unicorns so far this year, along with the round that pushed them over the top:
The ride-sharing service raised a $530 million funding round led by Rakuten in March, valuing it at $2.5 billion.
Lyft has raised $862 million in all. It raised $250 million in April 2014 and had previously raised $333 million from investors that included Floodgate, K9 Ventures, The Mayfield Fund and Andreessen Horowitz.
The company was founded in 2012.
- Domo Technologies
The company has raised $448.7 million and is now valued at $2 billion.
Domo was founded in 2010.
- One97 Communications
The Indian mobile internet company, which offers digital goods & services to mobile consumers under Paytm brand, raised $575 million from Alibaba in January, valuing it at $2 billion.
The company is 15 years old.
- Prosper Marketplace
The online marketplace for credit raised a $165 million Series D round in April, led by Credit Suisse NEXT Investors, along with J.P. Morgan Asset Management, SunTrust Banks, BBVA Ventures, Neuberger Berman Private Equity Funds, Passport Capital, Breyer Capital, and others.
The company has raised a total of $314.9 million and is valued at $1.9 billion.
It was founded in 2006.
The systems and security management company raised $52 million from Andreessen Horowitz, giving it a total of $142 million raised and a $1.75 billion valuation.
Tanium was founded in 2007.
The media engagement company reached unicorm status when it raised a $30 million round of funding in January.
In all, it has raised $125 million in venture funding from investors that include America Movil, Sony Music Entertainment, Kleiner Perkins
Shazam was founded in 2002.
- Social Finance
A marketplace lender and provider of student loan refinancing, the company raised $200 million in February from Third Point Ventures, Wellington Management Company, Institutional Venture Partners and existing investors, to value it at a $1.3 billion.
In all, the company has raised $766 million.
It was founded just over four years ago, in April 2011.
The social network dedicated to creating networks based on local neighborhoods raised a $110 million funding round led by Redpoint Ventures and Insight Venture Partners in March.
The round brought its total raised to $210 million and valued it at $1.1 billion.
Nextdoor launched in October 2011.
The online currency exchange company raised a $58 million round from Andreessen Horowitz in January.
TransferWise has raised over $90 million in venture funding, and is now valued at $1 billion.
It was founded in 2010.
The enterprise social technology company raised $46 million in a round led by Battery Ventures, Intel Capital, and Iconiq Capital in April.
It has raised a total of $123.5 million and is valued at $1 billion.
Sprinkr was founded in 2009.
A provider of hyperconverged infrastructure for IT, the company raised $175 million in Series D funding in March, led by Waypoint Capital, with Accel Partners, Charles River Ventures, DFJ Growth, Kleiner Perkins Caufield & Byers (KPCB) and Meritech Capital Partners also contributing.
With $276.5 million in funding, SimpliVity is worth $1 billion.
It was founded in 2009.
A global e-commerce site for independent boutiques, the company raised $86 million in March, in a round led by DST Global, along with Conde Nast and Vitruvian Partners.
In all, FarFetch has raised $194.5 million and is worth $1 billion.
It was founded in 2008.
The Chinese maternal and infant product e-commerce platform raised $100 million in January from Banyan Capital Partners, IDG Capital Partners, New Horizon Capital and Capital Today.
it has raised $124.4 million and is valued at $1 billion.
Amazingly, the company was only founded a year ago, in April 2014.
The open sourced platform raised $95 million in a round led by Insight Venture Partners, with Coatue, Goldman Sachs and Northern Trust. Existing investors Benchmark, Greylock Partners, Sequoia Capital, Trinity Ventures and AME Cloud Ventures also participating.
It has raised $150 million in total venture funding.
Docker was founded in 2010.
The online and mobile restaurant search and discovery service raised $50 million from Info Edge, Sequoia Capital and Vy Capital this week.
It has now raised $113.8 million in venture funding.
Zomato was founded in 2008.
Unlike the others on this list, Lynda did not become a unicorn through venture financing, but through its exit. It was purchased by LinkedIn for $1.5 billion.
The company had raised $289 million in funding, including a $186 million round in January that valued it at $1 billion. Investors in the company include Meritech Capital Partners, Spectrum Equity, Accel Partners and TPG.
It was founded in 1995.
(Image source: pictify.com)
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Nextdoor (www.nextdoor.com) is a private social network for the neighborhood. Using Nextdoor’s free online platform, neighbors create private neighborhood websites where members can ask questions, get to know one another and exchange local advice and recommendations. Nextdoor is specifically designed to provide a trusted environment for neighbor-to-neighbor communication. Hundreds of neighborhoods are already using Nextdoor to build happier, safer places to call home.
Based in San Francisco, California, Nextdoor was founded in 2010 by Internet veterans who have spent their careers creating thriving online communities.
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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.
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Lynda.com is an award-winning provider of educational materials, including Hands-On Training™ instructional books, the Online Training Library®, CD- and DVD-based video training, and events for creative designers, instructors, students, and hobbyists.
The lynda.com Online Training Library® and CD-ROM titles include such subjects as Photoshop, Flash, Dreamweaver, Illustrator, Office, digital photography, Web design, digital video, and many others. lynda.com's all-star team of trainers and teachers provides comprehensive and unbiased movie-based training to an international membership of tens of thousands of subscribers. Considering the speed at which technology evolves, the Online Training Library® is a great solution for keeping your skills current. Library subscriptions begin as low as $25 a month, with no long-term commitment required.
lynda.com celebrated ten years online in 2005!
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Founded in September 2009, Tango is a free mobile video calling service that connects family and friends wherever they are. Tango offers high-quality video calling for iOS and Android devices and works over 3G, 4G, and Wi-Fi. More than 10 million people in 190 countries are using Tango to communicate every day, stay connected, and share special moments as they happen. Download the Tango application for free in the App Store and Android Market. Tango is based in Palo Alto, California.
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Kabam is an interactive entertainment company leading the next wave in social gaming, developing and publishing massively multiplayer social games (MMSG’s), including the popular and critically praised title Kingdoms of Camelot and Dragons of Atlantis. Our studios focus on combining the best elements of traditional and social gaming to appeal to a growing audience of players looking for deeper, more engaging social games. The first wave of Kabam’s new games for Facebook and leading media sites have been widely recognized for their depth of play and social interaction.
Kabam started out as Watercooler, whose aim was to make connecting with your friends, family, and other fans of your favorite TV shows or Sports teams more compelling than ever before. By bringing fan communities into the context of your social network, Watercooler enables more engaging sports and TV fan experiences. Fans are able to access Watercooler's FanSection and TVLoop communities no matter where they are on the web: Facebook, MySpace, Bebo, Friendster, Hi5, MyYahoo, and TVLoop.com. Over 35 million sports and TV fans have joined Watercooler's fan applications making it the largest online fan community.
Kabam was founded by a team of social networking and community software professionals in Mountain View, CA, in 2006. The company has raised a Series A round of financing from Canaan Partners of Menlo Park, CA.
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JustFab (www.JustFab.com) is an online fashion styling service and
lifestyle fashion brand that offers members a fun and engaging personalized
shopping experience. Members of the fashion service are given the celebrity
treatment every month as they receive a customized selection of shoes and
handbags, handpicked by stylists, along with the JustFab basics of denim and
other fashion essentials. VIP members can purchase items for $39.95 and
shipping is always free.
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Eventbrite is the world’s largest self-service ticketing platform, and enables people all over the world to plan, promote, and sell out any event. The online event registration service has helped organizers process over 130 million tickets in 179 countries, and makes it easy for everyone to discover and share the events with people they know. In this way, Eventbrite brings communities together by encouraging people to connect through live experiences. Eventbrite's investors include DAG Ventures, Sequoia Capital, T. Rowe Price, Tenaya Capital and Tiger Global. Learn more at www.eventbrite.com.