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The folks at Startup Genome have been tracking the number of $1B+ private companies ever
since Aileen Lee coined the term "Unicorn" back in 2013. Over the past seven years, the number
of cities represented on the list has grown from fewer than 10 cities around the world with at
least 1 Unicorn company to more than 80. Earlier this year, we predicted that the number of cities
represented on this list would exceed 100 for the first time ever in 2021!
According to recent Crunchbase data, global venture funding hit an all-time high of $125B in the
first quarter of 2021, dominated by late-stage funding that, among other things, minted 112 new
unicorns (privately-held companies with a $1B+ valuation) in less than 100 days. In Endeavor
Catalyst's own portfolio, over the past year the number of Unicorns has more than doubled
— from 7 to 18, including Checkout.com becoming our first "Decacorn" ($10B+ company).
According to CB Insights latest data (as of April 2021), of the 670+ Unicorns worldwide, 52% are
in the US and 21% are in China. The other 27% are in the rest of the world, with India, Europe,
Latin America and Southeast Asia leading the way. As we enter the global Unicorn era, we are
proud as Endeavor Catalyst to have backed some of the very first Unicorns in several Endeavor
countries, including Mexico (Kavak & Cornershop), Colombia (Rappi), Nigeria (Flutterwave) and
Uruguay (dLocal).
Check out the Unicorns in our portfolio today!
Jan 2018 Jul 2018 Jul 2019 Jan 2020 Jul 2020 Jan 2021 Jan 2019
Unicorns
