Emerging Unicorn Board

The Crunchbase Emerging Unicorn Board is a curated list of global private companies that are on the path to achieving unicorn status. Powered by Crunchbase’s comprehensive data, this list is updated as companies reach a valuation of $500 million or more but less than $1 billion.

355

COMPANIES

$59 billion

TOTAL RAISED

$241.3 billion

TOTAL VALUE

Last updated: 12/07/2022

Company Post Money Value Total Equity Funding Lead Investors Include Country Continent
Nxtra Data $986M $237M The Carlyle Group India Asia
Delphix $981M $120M Fidelity United States North America
League $965M $171M TDM Growth Partners Canada North America
Zilingo $951M $308M Sequoia Capital India Singapore Asia
LanzaTech $950M $791M ARPA-E United States North America
CarTrade $947M $307M IIFL Finance, Malabar Investment Advisors India Asia
Zum $937M $208M SoftBank Vision Fund United States North America
Typeform $935M $187M Sofina Spain Europe
Xiaohuanggou $932M $163M Zhongzhi Enterprise Group China Asia
Grin $910M $145M Lone Pine Capital United States North America
KOHO Financial $903M $216M Eldridge Canada North America
UnionTech $902M $168M Beijing E-town International Investment & Development China Asia
OpenSpace $902M $199M PSP Growth United States North America
Supermonkey $900M $76M CICC China Asia
Apollo.io $900M $151M Sequoia Capital United States North America
SecurityScorecard $900M $292M Silver Lake Waterman United States North America
Octane $900M $171M Progressive Insurance United States North America
Axtria $900M $206M Bain Capital Tech Opportunities United States North America
Ladder $900M $194M OMERS Growth Equity, Thomvest Ventures United States North America
Netradyne $900M $198M SoftBank Vision Fund United States North America
Believer Meats $900M $361M ADM Ventures Israel Asia
Vidio $900M $195M Affinity Equity Partners Indonesia Asia
Quantexa $900M $241M BNY Mellon United Kingdom Europe
Labelbox $900M $189M SoftBank Vision Fund United States North America
Helian Health $900M $84M SenseTime China Asia
Railsr $900M $147M Anthos Capital United Kingdom Europe
Employment Hero $899M $295M SEEK Australia Oceania
Otrium $897M $153M Bond, Index Ventures The Netherlands Europe
Googut Wine & Spirits $895M $149M Everbright China Asia
Vivid Money $887M $205M Greenoaks Capital Germany Europe
Exeger $878M $110M Ilija Batljan Sweden Europe
Koenigsegg Automotibe $861M $172M National Electric Vehicle Sweden (NEVS) Sweden Europe
TNG FinTech Group $860M $200M Chelsea Vanguard Fund, Regal Planet Holdings Limited Hong Kong Asia
BookMyShow $850M $225M Capital18 India Asia
Tiki $850M $471M Shinhan Financial Group Vietnam Asia
CloudTrucks $850M $142M Menlo Ventures, Tiger Global Management United States North America
Campaign Monitor $850M $250M Insight Partners United States North America
GWI $850M $220M Permira United Kingdom Europe
Greenlabs $840M $215M BlueRun Ventures, SK Square South Korea Asia
Petal $840M $242M Tarsadia Investments United States North America
Wallapop $839M $193M Korelya Capital Spain Europe
Ruangguru $830M $205M Tiger Global Management Indonesia Asia
Ule $830M $111M Access Industries China Asia
Superhuman $825M $108M Institutional Venture Partners United States North America
Rong360 $808M $222M Sailing Capital, YF Capital China Asia
Mynd $807M $175M QED Investors United States North America
Class Technologies $804M $164M SoftBank Vision Fund United States North America
LinkSquares $800M $161M G Squared United States North America
Connecteam $800M $158M Insight Partners, Stripes United States North America
Flyhomes $800M $190M Battery Ventures, Norwest Venture Partners United States North America
Menlo Security $800M $251M Vista Equity Partners United States North America
Workboard $800M $140M SoftBank Vision Fund United States North America
Beamery $800M $173M Ontario Teachers' Pension Plan United Kingdom Europe
Lithic $800M $115M Stripes United States North America
Flo Health $800M $76M Target Global, VNV Global United Kingdom Europe
Kandji $800M $188M Tiger Global Management United States North America
ipsy $800M $237M ACME Capital, TPG Growth United States North America
Delos $800M $198M Greybrook Realty Partners United States North America
Sygnum $800M $90M Sun Hung Kai & Co Switzerland Europe
Tul $800M $205M 8VC Colombia South America
CyCognito $800M $153M The Westly Group United States North America
Mirantis $800M $220M Intel Capital United States North America
Flipboard $800M $236M JP Morgan Chase United States North America
Cadre $800M $133M Andreessen Horowitz United States North America
Qwilt $800M $135M Cisco United States North America
Homeward $800M $160M Norwest Venture Partners United States North America
mParticle $800M $268M Permira United States North America
Esco Lifesciences $800M $200M Novo Holdings, Vivo Capital Singapore Asia
eDaijia $800M $130M Warburg Pincus China Asia
Ninjacart $815M $362M Flipkart, Walmart India Asia
Dunzo $775M $685M Reliance Retail India Asia
Dovetail $763M $69M Accel Australia Oceania
Notarize $760M $213M Canapi Ventures United States North America
ATLAS $751M $29M China Asia
Squire $750M $145M Tiger Global Management United States North America
H1.co $773M $215M Altimeter Capital United States North America
Hootsuite $750M $227M CIBC Canada North America
Headway $750M $101M Andreessen Horowitz United States North America
ThirdLove $750M $69M Allen & Company, L Catterton United States North America
Nansen $750M $88M Accel Singapore Asia
Corvus Insurance $750M $161M Aquiline Technology Growth, FinTLV Ventures United States North America
Sendcloud $750M $201M SoftBank Vision Fund The Netherlands Europe
BrightInsight $750M $166M General Catalyst United States North America
Hungryroot $750M $75M L Catterton United States North America
Rezolve $750M $20M Future Fund, Lauder Partners United Kingdom Europe
ClearTax $750M $140M Kora India Asia
Phylion Battery $738M $349M Shenzhen Capital Group China Asia
Sicepat Express $736M $274M Falcon House Partners, MDI Ventures Indonesia Asia
Zeller $729M $135M Headline Australia Oceania
AnyDesk $728M $76M General Atlantic Germany Europe
Banma Kuaipao $726M $181M QJY Capital China Asia
Paysend $719M $158M Global PayTech Ventures United Kingdom Europe
Ecom Express $714M $524M CDC Group India Asia
Yeahmobi $712M $132M Jun Lei, Xiaomi China Asia
Jupiter $711M $155M QED Investors, Sequoia Capital India India Asia
Scaler Academy $710M $55M Lightrock India Asia
Nreal $700M $246M Alibaba Group China Asia
Embark $700M $94M SoftBank Vision Fund United States North America
Addi $700M $221M GIC Colombia South America
Virgin Hyperloop $700M $318M Caspian VC Partners, DP World Group United States North America
Lyst $700M $144M LVMH United Kingdom Europe
Fungible $700M $311M SoftBank Vision Fund United States North America
Karius $700M $229M SoftBank Vision Fund United States North America
ClearScore $700M $200M Invus Opportunities United Kingdom Europe
Prescient $700M $295M Eldridge, JE Dunn Construction United States North America
Indegene Lifesystems $700M $0 Brighton Park Capital, The Carlyle Group United States North America
Thrive Global $700M $146M Kleiner Perkins, Owl Ventures United States North America
Novo $755M $171M Stripes United States North America
GumGum $700M $134M GS Growth United States North America
Hyperice $700M $48M Main Street Advisors, SC.Holdings United States North America
MicroPort EP $690M $43M China Asia
Navi loan Customer Care Number $667M $582M Gaja Capital India Asia
Substack $650M $82M Andreessen Horowitz United States North America
Tide $650M $177M Apax Digital United Kingdom Europe
Resilience $650M $117M Corey Thomas, General Catalyst United States North America
Moda Operandi $650M $345M Apax Digital, New Enterprise Associates United States North America
Billie $640M $149M Dawn Capital Germany Europe
Sendoso $640M $153M SoftBank Vision Fund United States North America
SIGFOX $635M $308M Khazanah Nasional France Europe
Meiwei Buyongdeng $632M $162M CVCC Zhongshi Capital China Asia
Census $630M $80M Insight Partners, Tiger Global Management United States North America
Money View $625M $109M Accel, Evolvence India Fund India Asia
Wasoko $625M $144M Avenir Growth Capital, Tiger Global Management Kenya Africa
Nixon $623M $139M Trilantic Capital Partners United States North America
Raise $615M $147M Accel United States North America
Kindbody $612M $181M Claritas Health Ventures United States North America
Apartment List $610M $163M Janus Henderson Investors United States North America
Gaosi Education Group $607M $286M Tencent China Asia
YAP $605M $111M Insight Partners India Asia
Smule $604M $179M Times Bridge United States North America
Tizona Therapeutics $601M $370M Gilead Sciences United States North America
Weidong Cloud Education $601M $0 CCB International China Asia
Classplus $600M $130M Alpha Wave Ventures, Tiger Global Management India Asia
DNAnexus $600M $473M Blackstone Accelerates Growth United States North America
Affinity $600M $120M Menlo Ventures United States North America
Airbase $600M $102M American Express Ventures United States North America
Notable $600M $119M ICONIQ Growth United States North America
Whatfix $600M $140M SoftBank Vision Fund United States North America
Industrious $600M $422M CBRE Group United States North America
Medium $600M $163M Spark Capital United States North America
tray.io $600M $149M Meritech Capital Partners United States North America
Bungalow $600M $121M Deer Park Road United States North America
Zola $600M $191M Goldman Sachs Investment Partners United States North America
Found $600M $132M WestCap United States North America
Caffeine $600M $294M Cox Enterprises, Fox Corporation United States North America
Pocket Gems $600M $155M Tencent United States North America
Khatabook $600M $187M Moore Strategic Ventures, Tribe Capital India Asia
Bitdefender $600M $7M Vitruvian Partners Romania Europe
Brightwheel $600M $89M Addition United States North America
Jianke $600M $281M ShenZhen GTJA Investment Group China Asia
MatchMove Pay $600M $183M Nityo Infotech Services Singapore Asia
GoFundMe $600M $0 Accel, TCV United States North America
Pitch $600M $138M Lakestar, Tiger Global Management Germany Europe
Zupee $600M $121M Tomales Bay Capital, WestCap India Asia
Kaishu Jianggushi $600M $154M Trustbridge Partners China Asia
Peilian.com $600M $150M Tiger Global Management China Asia
Atom Bank $556M $728M Banco Bilbao Vizcaya Argentaria, Toscafund Asset Management United Kingdom Europe
SoftBank Robotics Holdings $590M $236M Alibaba Group, Foxconn Technology Group Japan Asia
Platform Science $575M $183M SoftBank Vision Fund United States North America
Shogun $575M $115M Insight Partners United States North America
Immedis $575M $78M Lead Edge Capital Ireland Europe
Zepto $900M $360M Y Combinator Continuity Fund India Asia
AISpeech $568M $179M CTC Capital China Asia
Moss $567M $150M Tiger Global Management Germany Europe
Digits $565M $98M GV United States North America
Inscripta $565M $459M Fidelity Management and Research Company United States North America
Alloy Therapeutics $563M $128M 8VC, Peter Thiel United States North America
Hotel Urbano $560M $135M Booking Holdings Brazil South America
Sure $550M $123M Declaration Partners, Kinnevik United States North America
UnitedMasters $550M $170M Andreessen Horowitz United States North America
Tendo $550M $69M Lux Capital United States North America
Nanotech Energy $550M $95M Fubon Financial Holdings United States North America
Databook $550M $71M Bessemer Venture Partners United States North America
MicroPort Orthopedics $550M $82M United States North America
Inshorts $550M $165M Vy Capital India Asia
Raspberry Pi Foundation $544M $45M Lansdowne Partners, The Ezrah Charitable Trust United Kingdom Europe
Nelogica $543M $103M Crescera Investimentos (f/k/a Bozano Investimentos), Vulcan Capital Brazil South America
GVE $523M $26M Evolution Financial Japan Asia
Bounce $520M $196M InnoVen Capital India Asia
Truphone $518M $622M Emerson Collective, Minden United Kingdom Europe
One Store $511M $124M Microsoft South Korea Asia
MX Player $501M $111M Tencent South Korea Asia
Captain Fresh $507M $127M Evolvence India Fund, Prosus Ventures India Asia
HackerRank $500M $103M Susquehanna Growth Equity United States North America
Bitwise $500M $85M Elad Gill, Electric Capital United States North America
Teachmint $500M $118M rocketship.vc, Vulcan Capital India Asia
Spenmo $500M $121M Tiger Global Management Singapore Asia
Ocrolus $500M $124M Fin Venture Capital United States North America
Chia Network $500M $70M Andreessen Horowitz, Richmond Global Ventures United States North America
Modernizing Medicine $500M $376M Warburg Pincus United States North America
Rain $500M $229M Kleiner Perkins, Paradigm Bahrain Asia
Alma $800M $221M Insight Partners United States North America
Deserve $500M $144M Cross River United States North America
Sense $500M $90M SoftBank Vision Fund United States North America
Juvenescence $500M $219M Grok Ventures, IPGL Isle of Man Europe
AppZen $500M $101M Coatue United States North America
Agicap $500M $119M Greenoaks Capital France Europe
AeroFarms $500M $237M Abu Dhabi Investment Office (ADIO) United States North America
ActiveFence $500M $100M CRV, Highland Europe Israel Asia
NEXT Trucking $500M $124M Brookfield Growth United States North America
Atera $500M $102M General Atlantic Israel Asia
Minute Media $500M $160M Dawn Capital United Kingdom Europe
TuneIn $500M $147M Innovation Endeavors United States North America
Zinier $500M $120M ICONIQ Capital United States North America
Cooler Screens $500M $81M Translink Capital United States North America
WayRay $500M $108M Porsche Ventures Switzerland Europe
Boutiqaat $500M $45M Boubyan Petrochemical Company Kuwait Asia
Parallel $500M $50M Paradigm United States North America
Tiff's Treats $500M $97M Salem Investment Partners United States North America
La Renon $500M $46M A91 Partners India Asia
Tessian $500M $133M March Capital United Kingdom Europe
Edianyun $500M $202M Source Code Capital China Asia
Renovate America $500M $150M Bank of America United States North America
MainStreet $500M $63M SignalFire United States North America
Pinwheel $500M $77M GGV Capital United States North America
Spryker Systems $500M $152M TCV Germany Europe
DataBox $500M $102M China Asia
Kuda $500M $92M Target Global, Valar Ventures Nigeria Africa
Porter $500M $132M Tiger Global Management, Vitruvian Partners India Asia
Codemao $500M $360M Baring Private Equity Asia China Asia
Foursquare $500M $349M The Raine Group United States North America
Clutter $600M $296M SoftBank Vision Fund United States North America
Fresha $640M $180M General Atlantic United Kingdom Europe
Yokoy $500M $108M Sequoia Capital Switzerland Europe
Brightline $705M $205M Kohlberg Kravis Roberts United States North America
Rossum $500M $110M General Catalyst United Kingdom Europe
Globality $900M $311M Sienna Capital, SoftBank Vision Fund United States North America
ShipMonk $827M $365M Periphas Capital United States North America
INRIX $550M $114M Runway Growth Capital United States North America
Homebase $500M $99M GGV Capital United States North America
Vivino $700M $222M Kinnevik United States North America
Stark Bank $500M $61M Bezos Expeditions, Ribbit Capital Brazil South America
Heap $960M $218M Sixth Street United States North America
Awardco $900M $70M General Catalyst, Ryan Smith United States North America
Freetrade $878M $98M Crowdcube United Kingdom Europe
Repl.it $800M $105M Coatue United States North America
Lovevery $800M $126M TCG United States North America
Provi $775M $150M D1 Capital Partners United States North America
Reibus $750M $102M SoftBank Vision Fund United States North America
Ornikar $750M $174M Kohlberg Kravis Roberts France Europe
Autograph $735M $205M Andreessen Horowitz, Kleiner Perkins United States North America
Cover Genius $728M $165M Sompo Holdings United States North America
Motif $726M $344M BlackRock, Ontario Teachers' Pension Plan United States North America
Check Technologies $725M $119M Stripe United States North America
Saturnbird Coffee $711M $32M Sequoia Capital China China Asia
AutoFi $700M $115M Santander US United States North America
PrimaryBid $690M $252M SoftBank Vision Fund United Kingdom Europe
INDmoney $650M $143M Tiger Global Management India Asia
Tomo $640M $110M SVB Capital United States North America
Neat $640M $30M Zoom Norway Europe
Rupeek $634M $189M Lightbox India Asia
Bizongo $600M $240M Tiger Global Management India Asia
ClearBank $600M $516M Apax Digital United Kingdom Europe
Valon Technologies $590M $97M Andreessen Horowitz United States North America
Instawork $560M $88M Craft Ventures United States North America
Vouch Insurance $550M $160M Ribbit Capital, SVB Capital United States North America
Ledn $540M $103M 10T Holdings Canada North America
Paytm Insurance $533M $123M Swiss RE India Asia
Gecko Robotics $533M $122M XN United States North America
DigiLens $530M $160M Samsung Electronics United States North America
Liquid Death $700M $194M Science United States North America
Promise $520M $48M The General Partnership United States North America
Parallel Finance $500M $29M Polychain United States North America
Coro $500M $80M Balderton Capital Israel Asia
Top Hat $500M $234M Georgian Canada North America
uberall $500M $171M Bregal Milestone, Level Equity Management Germany Europe
Cohere Technologies $500M $81M Koch Strategic Platforms United States North America
Super Coffee $500M $131M Durable Capital Partners United States North America
Stenn Technologies $900M $50M Centerbridge Partners LP United Kingdom Europe
Axera $567M $126M Inno-Chip, Longzhu Capital China Asia
Rapido $830M $310M Swiggy India Asia
Medikabazaar $700M $177M Lighthouse Funds India Asia
Laiye $900M $201M HOPU Investment China Asia
Mutiny $600M $72M Insight Partners, Tiger Global Management United States North America
Replicant $550M $113M Stripes United States North America
Turtlemint $900M $197M Amansa Capital, Jungle Ventures India Asia
Neo Financial $780M $215M Valar Ventures Canada North America
Tailscale $785M $115M CRV Canada North America
OpenStore $970M $137M General Catalyst United States North America
Hello Heart $600M $138M Stripes United States North America
Pyramid Analytics $900M $194M H.I.G. Growth Partners The Netherlands Europe
Absolute $500M $116M Surge India Asia
Vention $767M $139M Canada North America
Ather Energy $749M $336M India Asia
TIFIN $842M $206M United States North America
VisionNav Robotics $500M $139M China Asia
FINN $500M $144M Germany Europe
Coralogix $950M $236M United States North America
Pixellot $500M $218M Israel Asia
Fountain $950M $219M United States North America
Codat $825M $156M United Kingdom Europe
Country Delight $615M $158M India Asia
WSO2 $600M $134M United States North America
8 Rivers $833M $100M United States North America
Juni $800M $176M Sweden Europe
Zora $600M $60M United States North America
Viral Nation $514M $198M Canada North America
Elwood Technologies $500M $70M United Kingdom Europe
C2x $500M $25M United States North America
ABLY Corporation $750M $143M South Korea Asia
Minterest $514M $6M Estonia Europe
TakeOff $500M $146M United States North America
Taptap Send $715M $78M United Kingdom Europe
GreenCollar $541M $70M Australia Oceania
Guardio $500M $47M Israel Asia
Curve $850M $183M United Kingdom Europe
BGB Group $760M $0 United States North America
The SpringHill Company $725M $100M United States North America
CareAR $700M $10M United States North America
Workit Health $500M $110M United States North America
Blume Global $500M $0 United States North America
Doublefs $700M $130M China Asia
Hutouju $550M $50M China Asia
Leap $900M $153M India Asia
Stashfin $750M $115M India Asia
Ataccama $550M $151M Canada North America
Yubico $658M $88M United States North America
ShopBack $900M $315M Singapore Asia
Pionyr Immunotherapeutics $551M $352M United States North America
Progcap $600M $149M India Asia
Kerecis $620M $83M Iceland Europe
Cleo $500M $138M United Kingdom Europe
Entrepreneur First $560M $180M United Kingdom Europe
Huisheng Biopharmaceutical $748M $75M China Asia
YuLife $800M $207M United Kingdom Europe
Npixel $863M $138M South Korea Asia
Shiftup $772M $26M South Korea Asia
InsuranceDekho $750M $120M India Asia
AI21 Labs $664M $119M Israel Asia
Shadowfax $600M $113M India Asia
IQM Quantum Computers $900M $207M Finland Europe
Meati $650M $233M United States North America
Brandi $583M $139M South Korea Asia
TNG Digital $700M $243M Malaysia Asia
Fi.Money $519M $137M India Asia
Flip $510M $95M United States North America
Parafin $520M $94M United States North America
CleverTap $775M $182M United States North America
Overtime $500M $215M United States North America
Gorgias $710M $73M United States North America
AtoB $800M $177M United States North America
Animoca Brands KK $545M $55M Japan Asia
SEON $500M $108M Hungary Europe
FromSoftware $861M $0 Japan Asia
Doodles $704M $54M Canada North America
Malwarebytes Corporation $625M $180M United States North America
Cymulate $500M $141M Israel Asia
Tally $855M $172M United States North America
DeHaat $700M $251M India Asia
BeReal. $632M $0 France Europe
Korea Credit Data $776M $111M South Korea Asia
Vodeno $573M $57M Poland Europe
Descript $550M $100M United States North America
WEKA $750M $294M United States North America
Simplilearn $500M $73M United States North America

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Methodology

The curated Emerging Unicorn Board includes private companies with known valuations of $500 million or more but less than $1 billion, based on Crunchbase data. The list is updated whenever a new company reaches that valuation range or there is a change in valuation for a company already on the leaderboard. Companies that are subsequently valued at more than $1 billion will be removed from the board and promoted to The Crunchbase Unicorn Board. Companies that exit will also be removed from the Emerging Unicorn Board. 

We’re working to make the Emerging Unicorn Board a comprehensive resource for you to gain deeper insights into the companies that are likely to be the next unicorn companies. If you notice we’re missing companies and believe they should be added to this list, contact us at support@crunchbase.com.

Frequently Asked Questions

What is an emerging unicorn?

An emerging unicorn is a high-growth startup that is on the brink of achieving unicorn status by reaching a valuation of $500 million or more but less than $1 billion in a private company financing. A few examples of current emerging unicorns that could become the next tech unicorns include Affinity, HackerRank, Brightline and Typeform. These potential future unicorns have found product market fit, have a scalable product or service, and have raised millions of dollars in venture capital.

How does a startup become an emerging unicorn?

A startup becomes an emerging unicorn by earning a valuation above $500 million but less than $1 billion. A startup achieves this status by first demonstrating its ability to provide value in the form of a product or service that attracts paying customers or users at scale. This traction attracts investors who want to invest in the company based on the belief that its offering has a big enough market to provide a sizable return should there be an exit event, such as an IPO. As the startup raises capital and grows key success metrics, such as annual recurring revenue, its valuation increases and it moves closer to becoming one of the next unicorn startups.

What are examples of companies that became unicorns after being featured on the Emerging Unicorn Board?

Examples of companies that became unicorns after being featured on the Emerging Unicon Board include GoCardless, Acorns, Patreon and Betterment.

How do I notify Crunchbase of a company that’s missing from this list?

If you know of a private company that is valued above $500 million but less than $1 billion, please reach out to support@crunchbase.com with the relevant funding round and valuation data. Once this data is verified by our analysts, we will add the company to the board. For press inquiries, please reach out to press@crunchbase.com

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