Unicorns all over the world - 393 of them!
There are 393 private companies around the world valued at $1B+. These companies are collectively worth more than $1.2T and have raised a combined total of over $292B.
Check all companies and their valuations on CBInsight real-time unicorn tracker.
Trends by category
The largest category is Fintech, with 12% of unicorns. It is followed by E-commerce and Direct-to-Consumer, Internet Software & Services, and Artificial Intelligence, each with 11%.
The most valuable company in the Fintech category is payments company Stripe, with a $22.5B valuation as of January 2019.
In E-commerce, the most valuable company is California-based online shopping platform Wish, at $11.2B. In Internet Software & Services, Beijing-based online real estate platform Beike Zhaofang leads with a $10B valuation as of July 2019.
Most valuable companies
The world’s most valuable private company is China’s Bytedance in the Artificial Intelligence category. The company, which operates platforms such as TikTok and Toutiao, reached a $75B valuation following an investment by SoftBank in November 2018.
Following Bytedance, ride-hailing company Didi Chuxing ($56B), e-cigarette maker JUUL Labs ($50B), co-working company WeWork ($47B, though the company is set to go public in the coming months), and accommodations marketplace Airbnb ($29B) round out the top 5 most valuable private companies.
Valuation distribution
Twenty-one private companies (5% of total unicorns) are considered decacorns, worth $10B+.
Approximately 31% of companies included in the global unicorn club are valued at exactly $1B.
Geographic trends
The United States leads in share of unicorns (49%), holding steady since our last analysis in June 2019. China, in second place, saw its share fall slightly from 25% to 24% in the same time frame.
Third and fourth place go to the United Kingdom and India at roughly 5% each, with 20 and 19 unicorns, respectively.
