unicorn
20 Tech Top Startup that touched Unicorn status in 2018

In recent years many tech startups are touching a milestone of $1 billion. So today we will see about the US-based top tech startups that touched Unicorn status in 2018.( In finance, a unicorn is a privately held startup company with a current valuation of US$1 billion or more.)

We all remember when Facebook bought Instagram in a handsome amount of $1 billion. But now 5 years later we see a number of billion-dollar startup funding and acquisitions.

Whatsapp was acquired in a sum of $19billion. Uber also valued $72 billion.

Others were incorporated into PitchBook’s Unicorn status list, similar to the cosmetics organization Pat McGrath Labs, the extravagant social insurance supplier One Medical, and the traded on an open market weed dispensary organization MedMen.

There were additionally worldwide organizations. For our rundown, we choose US organizations with innovation at the centre of their business.

Here are the Top Tech Startup that touched Unicorn status in 2018:-

1. Juul labs:-

What it does:-
JUUL is designed with smokers in mind, from form to technology to flavor. It is easy to use, there are no buttons or switches.The JUUL ENDS is a vaporizer that has regulated temperature control and uses a JUULpod filled with a proprietary e-liquid formulation. JUUL provides satisfaction to meet the standards of smokers looking to switch from smoking cigarettes.

What is it’s worth now:-

In June 2018, JUUL reportedly raised $1.2 billion in a financing round that valued the company at more than $16 billion. Altria (formerly Phillip Morris Companies) also acquired a 35% stake in JUUL Labs for $13 billion. The deal was conducted on December 20, 2018.

Year Founded: July 2017

juul labs us startup
juul labs us startup

2. Epic Game:-

What it does:-

It was founded in 1991, Epic Games is the game creator company. Ir created Fortnite, Unreal, Gears of War, Shadow Complex, and the Infinity Blade series of games.

Epic’s Unreal Engine technology brings high-fidelity, interactive experiences to PC, AR, VR console, mobile and the Web. Unreal Engine is freely available at unrealengine.com. For the very latest on the studio, check out @EpicGames.

What is it’s worth now:-

Epic Games, which had been valued at around US$825 million at the time of Tencent’s acquisition, was estimated to be worth US$4.5 billion in July 2018 due to Fortnite Battle Royale and seeing it’s growth expected to surpass US$8.5 billion by the end of 2018 with projected growth of the game.

Year founded: 2013

epic games us tech startup

3. Doordash:-

What it does:-

DoorDash is an On Demand coordinations based startup, that goes about as a mediator among traders and the forthcoming purchasers who wish to get items from nearby vendors conveyed at their doorstep. Established in 2013, right now DoorDash is just dealing with food delivery.

What is it’s worth now:-

DoorDash which is a
Food delivery start-up nearly triples its value in about 5 months to $4 billion. DoorDash, in its latest funding round, raises $250 million after the 5-year-old San Francisco-based start-up in March raised $535 million

Year founded: 2013

doordash us unicorn startup
doordash us unicorn startup

4.Snowflake:-

What it does:-

Snowflake to rethink what’s possible for the data warehouse and deliver on that. It is basically a company about cloud storage.

What is it’s worth now:-

In his four years there, has grown it from a company valued at about $20 million to one now worth $3.5 billion. Snowflake has raised a total of $923 million, most of it under Muglia. And his come-back might be even sweeter because Snowflake didn’t support Microsoft’s cloud, Azure, until just a month ago

Year founded: 2012

snowflake unicorn us startup

5. UiPath:-

What it does:-

UiPath Studio – an advanced tool that enables you to design automation processes in a visual manner, through diagrams. UiPath Orchestrator – a web application that enables you to schedule, monitor, deploy, and manage Robots and processes, while business exception handling is available through centralized work queues.

What is it’s worth now:-

UiPath is bringing mechanization to dreary procedures inside substantial associations and it appears to have arrived on a gigantic torment point. Today it declared a gigantic $225 million Series C on a $3 billion valuation.

Year founded: 2012

6.Circle:-

What it does:-

Circle is a global crypto finance company on a mission to make it possible for anyone, anywhere to help change the global economy.

The circle was founded in 2013 because we believed money should work like the internet — open, secure, free, everywhere

What is it’s worth now:-

Circle, a cryptocurrency startup led by longtime technology executive Jeremy Allaire, has raised another $110 million, pushing its valuation to nearly $3 billion.

Year founded: 2013

circle us startup

7. Roblox:-

What it does:-

Roblox (stylized as ROBLOX) is a massively multiplayer online and game creation system platform that allows users to design their own games and play a wide variety of different types of games created by other users. This platform also hosts social network games constructed of Lego-like virtual blocks. The game was released by the Roblox Corporation on August 27, 2006. As of September 2018, Roblox has over 70 million monthly active users.

What is it’s worth now:-

That’s about the same price Microsoft paid for Minecraft in 2014 deal. So investors are saying that Roblox will be worth more than that. Roblox, a 14-year-old company with 64 million monthly players, is now able to raise up to $150 million in new money.

Year founded: 2005

8. Automation Anywhere:-

What it does:-

Automation Anywhere is a developer of robotic process automation (RPA or RPAAI) software. The company’s product, Automation Anywhere Enterprise, looking to deploy a digital workforce composed of software bots that complete business processes end-to-end.

What is it’s worth now:-

Earlier this week, Automation Anywhere said it raised $250 million in what it called a series-A round which valued it at $1.8 billion.

Year founded: 2012

9.Discord:-

What it does:-

Discord is a text chat app and free voice for gamers and works on both your desktop and phone. The people in the gaming and water cooling community, general PC community and the public to join our Discord server.

What is it’s worth now:-

Discord is worth now about $1.65 Billion.

Year founded: 2012

10. Dataminr:-

What it does:-

Dataminr has its recognition as one of the world’s leading businesses in AI and Machine Learning innovation. They also have a pioneering groundbreaking technology.

What is it’s worth now:-

In June 2018, Dataminr raised $392 million in funding that valued the company at $1.6 billion.

Year founded: 2009

dataminor photo

11. ZipRecruiter

What it does:-

With one click, we send your job to 100+ job sites across the web, identify the best candidates, and notify them to apply.All plans include reusable job slots, so when you’re ready to post another job, simply close the position and reuse that same slot.

What is it’s worth now:-

The global market for hiring services and jobseeking and is estimated to be worth some $85 billion, and a startup called ZipRecruiter. It is today announcing a significant round of funding that it hopes will help it be a key player in an evolving recruitment market.

Year founded: 2010

ziprecruiter

12. Freshwork:-

What it does:-

Freshdesk is a software product based company. Now it is rebranded as Freshworks very recently.

It has apps for small and medium businesses which cater those companies software need in customer support, Asset management, Sales & CRM and more.

Its one of the cool workplaces to work and also is funded by leading venture capital firms Sequoia Captial, Google Ventures , etc .

What is it’s worth now:-

It is worth around $1.5 billion net worth.

Year founded: 2010

freshwork founder

13. Samsara:-

What it does:-

They focus on developing enterprise-grade hardware and cloud software to building a global, customer-focused technology organization—to the world of connected operations. They work on heavy equipment, rail cars, generators, and another high-value mobile 

What is it’s worth now:-

It’s is estimated net worth is $1.4 billion.

Year founded: 2015

samsara navigate

14. Allbirds:-

What it does:-

It is a shoes manufacturing company. The world’s most comfortable shoes, made with natural materials like merino wool, eucalyptus tree fiber, and sugar cane, etc.

What is it’s worth now:-

Allbirds, the shoe startup which impacted trend, now valued at $1.4 billion.

Year founded: 2014

allbirds shoe startup

15. Toast:-

What it does:-

Toast is a restaurant point of sale and management system that helps restaurants improve operations, increase sales and create a better guest experience.

What is it’s worth now:-

It’s estimated net worth $1.4 billion.


Year founded: 2011

toast software

16. PagerDuty:-

What it does:-

PagerDuty is the leading digital operations management platform for businesses. We empower DevOps, IT operations, support, security, and business leaders to turn any signal into insight and real-time action across any operational use case.

What is it’s worth now:-

It is having the net worth of $1.3 billion.

Year founded: 2009

pagerduty ceo

17. Starry:-

What it does:-

Starry delivers lightning-fast, awesome internet service,
incredibly reliable, with no gimmicks. Just high-speed Internet for only $50 a month.

What is it’s worth now:-

It’s net worth is $1.29 billion.

Year founded: 2014

starry equipment

18. Intercom:-

What it does:-

Our mission is to make business personal again. We make customer messaging apps for sales, marketing, and support, connected on one platform.

What is it’s worth now:-

Intercom has now raised $115.5 million in four funding rounds (plus a seed round), with the startup valued at $527 million, according to Pitchbook. But the company didn’t seem particularly earmarked for growth when it started.

Year founded: 2011

intercom ceo

19. Gitlab:-

What it does:-

GitLab believes in a world where everyone can contribute. Our mission is to change all creative work from read-only to read-write. 

What is it’s worth now:-

 Google Ventures joined the investors leading the Series C funding of $20 million. In September 2018 GitLab raised $100 million in Series D funding led by Iconiq at $1.1 billion valuations. GitLab is a remote-only company.

 
Year founded: 2011

20. Cohesity:-

What it does:-

Cohesity is the industry-leading platform for hyper-converged secondary storage solutions. We offer native copy data management on intelligent web-scale. They work on data infrastructure and storage.

What is it’s worth now:-

It’s currently worth about $2.5 billion. Aron co-founded Nutanix, then left in 2013 to start Cohesity; one of Cohesity’s primary competitors is a start-up called Rubrik.

Year founded: 2013

cohesity ceo

21. Lime:-

What it does:-

Dock free electric scooters, e-assist bikes and pedal bikes for your city or campus. Smart personal mobility for smart cities and universities.

What is it’s worth now:-

It’s currently worth about $1.1 billion.

Year founded: 2017

limes scooter

Last Words:-

So at last these are the top 21 startups that reached a Unicorn of $1 billion in 2018.

More to Read:-

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