The (Near) Billion-Dollar Club: The 11 Most Valuable Startups In New York

etsyEtsy’s recent $40 million round makes it worth about $700 million.

Photo: Etsy

There have never been so many high-value startups in New York.Three startups have had $100 million+ exits this year, including Buddy Media which was acquired for $800 million. 

At least 11 others are currently worth more than $500 million. A few have topped $1 billion valuations.

It’s worth noting that 4 years ago, there was only one New York startup with a valuation that high — Kayak.

Check out the 11 companies that are making the New York startup scene the best it has ever been.

Indeed is a job search and listing site that's valued at $550 million

What it is: Indeed is a pay-per-click job listing and search site. It is one of the largest career sites on the web, boasting 1 billion monthly job searches. It works with 25,000 partnering sites and is profitable.

Estimated Value: $550 million

Total funding: $5 million

Location: New York, NY and Stamford, CT

More Info: About Indeed

CEO: Paul Forster

Investors: Allen & Company and Union Square Ventures; New York Times sold its stake in the company in May 2011.

10gen develops an open source database, MongoDB, that's used by Fortune 500 companies; it's valued at $550 million

What it is: 10gen is the developer of MongoDB, an open source database used by many Fortune 500 companies. 10gen also offers support and training for MongoDB clients.

Estimated Value: $550 million

Total funding: $73.4 million

Location: New York, NY

More Info: About 10gen

CEO: Dwight Merriman*

Investors: Union Square Ventures, Flybridge Capital Partners, Sequoia Capital, New Enterprise Associates

*Full disclosure: Dwight Merriman is a co-founder of Business Insider

Foursquare is a location-based mobile app that's valued at $600 million

What it is: Foursquare is a location-based social networking mobile service. While it's still struggling to generate revenue, the location and personal data it has on users is very valuable. And if any startup is positioned to own the location space, it's Foursquare.

Estimated Value: $600 million

Total funding: $71.4 million

Location: New York, New York

More Info: About Foursquare

CEO: Dennis Crowley

Investors: Union Square Ventures, O'Reiley Alpha Tech Ventures, Jack Dorsey, Kevin Rose, Alex Rainert, Ron Conway, Joshua Schachter Chad Stoller, Sergio Salvatore, Andreessen Horowitz. The most recent round of funding occurred in June of 2011. The company raised $50 million.

Everyday Health provides health solutions via a portfolio of websites and 20 mobile apps; it's valued at $650 million

What it is: Everyday Health is a provider of online health solutions; it generates much of its revenue (estimated at ~ $160 million this year) via subscriptions and advertising.

Estimated Value: $650 Million

Total funding: $153 million

Location: New York, New York

More Info: About Everyday Health

CEO: Benjamin Wolin

Investors: Foundation Capital, NeoCarta Ventures, Revolution, Rho Ventures, Scale Venture Partners, Village Ventures

Etsy is an e-commerce site for individuals selling homemade goods that's valued at $700 million

What it is: E-commerce site for homemade crafts and small businesses. It recently raised $40 million at a ~ $700 million valuation in May.

Estimated Value: $700 million

Total funding: $91.7 million

Location: Brooklyn, New York

More Info: About Etsy

CEO: Chad Dickerson

Investors: Caterina Fake, Stewart Butterfield, Joshua Schachter, Albert Wenger, Union Square Ventures, Accel Partners, Hubert Burda Media, Index Ventures

Fab is an e-commerce site for design and decor; it's reportedly raising a round of financing at a $700 million valuation

What it is: Fab is an e-commerce site for design and home decor. It is generating more than $300,000 per day.

Estimated Value: Reportedly raising a round at a $700 million valuation

Total funding: $51.3 million

Location: New York, NY

More Info: About Fab

CEO: Jason Goldberg

Investors: The Washington Post Company, Allen Morgan, Lars Hinrichs, Don Baer, Baroda Ventures, First Round Capital, Zelkova Ventures, SoftTech VC, SV Angel, Menlo Ventures, Jason Goldberg, Guy Oseary, Zelkova Ventures, Kevin Rose, Jon Anderson, Don Baer, Dave Morgan, Ben Ling, David Tisch, Joshua Kushner, A-Grade Investments, Andreessen Horowitz

AppNexus is a real-time ad platform with an $800 million valuation

What it is: AppNexus is an online advertising platform that lets brands bid for and buy placements in real-time

Estimated Value: ~ $800 million

Total funding: $65.6 million

Location: New York, NY

More Info: About AppNexus

CEO: Brian O'Kelley

Investors: First Round Capital, Khosla Ventures, Marc Andreessen, Ron Conway, Ben Horowitz, Coriolis Ventures, Kodiak Venture Partners, Venrock, Microsoft

ZocDoc is an easy way to book same-day doctor appointments via its online network and mobile app; it's valued at $700 million

What it is: Reservation tool for doctor appointments of all kinds - from dentists to dermatologists. It works with doctors in 19 US markets.

Estimated Value: $750 million

Total funding: $95 million

Location: New York, NY

More Info: About ZocDoc

CEO: Cyrus Massoumi

Investors: Jeff Bezos, DST Global, Goldman Sachs, Founders Fund, Khosla Ventures, Mark Benioff, and SV Angel

Tumblr is a blog network that's valued at $800 million

What it is: Mixed-media blog that makes it really easy to share posts

Estimated Value: $800 million

Total funding: $125 million

Location: New York, NY

More Info: About Tumblr

CEO: David Karp

Investors: Spark Capital, Union Square Ventures, Sequoia Capital, Greylock Partners, Insight Venture Partners, The Chernin Group, CrunchFund

Gilt Groupe is a luxury e-commerce network that's valued at more than $1 billion.

What it is: Gilt Groupe is an e-commerce site for luxury brands in fashion, food and travel industries

Estimated Value: $1.05 billion

Total funding: $221 million

Location: New York, New York

More Info: About Gilt Groupe

CEO: Kevin Ryan*

Investors: Matrix Partners, General Atlantic, Goldman Sachs, New Enterprise Associates, Draper Fisher Jurvetson, Pinnacle Ventures, TriplePoint Capital, Eastward Capital Partners, SoftBank Capital, GSV Capital

*Full Disclosure: Kevin Ryan is a co-founder of Business Insider

Kayak is a search engine for travel; it's raising a $150 million IPO that will value the company at more than $1 billion

What it is: Kayak is a travel search engine. It's looking to raise a $150 million IPO soon, which would value the company at more than $1 billion. Its Q1 net income was $4.1 million.

Estimated Value: $1 billion

Total funding: $223 million

Location: New York, NY and Norwalk, CT

More Info: About Kayak

CEO: Steve Hafner

Investors: AOL, General Catalyst Partners, Sequoia Capital, Accel Partners, GoldHill Capital, Lehman Brothers, Norwest Venture Partners, Oak Investment Partners, Trident Capital and SVB Financial Group

Now check out the people who are investing in all the big New York companies:

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