The 26 most valuable private tech companies in the US

Jackal Pan / GettyWe Company CEO Adam Neumann.
  • Juul, Airbnb, and the We Company are among some of the most valuable private startups in the US.
  • Major VC investments in the past year have shaken up the list, with video gaming and cryptocurrency startups entering the rankings.
  • Using data from PitchBook, we’ve compiled a list of the 26 startups in the US with the highest valuations.
  • Visit Business Insider’s homepage for more stories.

Tech companies are continuing to garner major investments from venture capitalists.

With major companies like Uber, Lyft and Pinterest going public, there’s a new cast of major tech startups that have taken the top spots of most highly valued private companies, PitchBook reports. But recent major investments into burgeoning tech startups – including Juul and Pokémon Go-creator Niantic – have brought new players into the spotlight. At this point, there are almost too many billion-dollar startups to count.

The We Company’s $US47 billion valuation solidifies the company’s spot at the top. Other companies in the rankings, including Slack and Airbnb, are rumoured to be planning IPOs, so the standings could change soon.

Here are the 26 most valuable VC-backed startups in the US:


(tied) 24. Niantic — $US4 billion

Company role: Augmented reality video games, including Pokémon Go

Founded: 2010

Latest investment amount: $US245 million (January 2019)

Read more about Niantic at Business Insider or on PitchBook.


(tied) 24. Credit Karma — $US4 billion

Eóin Noonan/Sportsfile via Getty ImagesCredit Karma founder and CEO Kenneth Lin.

Company role: Platform for consumer finance and free credit score reports

Founded: 2007

Latest investment amount: $US175 million (June 2015)

Read more about Credit Karma at Business Insider or on PitchBook.


(tied) 24. Houzz — $US4 billion

Joe Scarnici/Getty Images for FortuneHouzz cofounder and CEO Adi Tatarko.

Company role: Platform for home remodeling and design

Founded: 2009

Latest investment amount: $US400 million (June 2017)

Read more about Houzz at Business Insider or on PitchBook.


23. Intarcia Therapeutics — $US4.1 billion

CNBCIntarcia CEO and president Kurt Graves.

Company role: Therapeutic drugs for chronic diseases

Founded: 1995

Latest investment amount: $US615 million (August 2017)

Read more about Intarcia Therapeutics at Business Insider or on PitchBook.


22. Peloton — $US4.2 billion

Kimberly White/Getty Images for TechCrunchPeloton cofounder and CEO John Foley.

Company role: At-home stationary bikes and other fitness equipment

Founded: 2012

Latest investment amount: $US550 million (August 2018)

Read more about Peloton at Business Insider or on PitchBook.


21. SoFi — $US4.3 billion

Company role: Financial services for loans and wealth management

Founded: 2011

Latest investment amount: $US500 million (April 2019)

Read more about SoFi at Business Insider or on PitchBook.


20. Compass — $US4.4 billion

Compass/YouTubeCompass cofounder and CEO Robert Reffkin.

Company role: Platform for real estate agents and customers

Founded: 2012

Latest investment amount: $US400 million (September 2018)

Read more about Compass at Business Insider or on PitchBook.


19. Machine Zone — $US5 billion

Stephen McCarthy/Sportsfile via Getty ImagesMachine Zone CEO Kristen Dumont.

Company role: Multiplayer mobile games developer

Founded: 2007

Latest investment amount: $US330 million (August 2016)

Read more about Machine Zone on PitchBook.


18. Unity — $US6.3 billion

Company role: Game development platform

Founded: 2003

Latest investment amount: $US125 million (May 2019)

Read more about Unity at Business Insider or on PitchBook.


17. Magic Leap — $US6.4 billion

GettyMagic Leap CEO Rony Abovitz.

Company role: Augmented reality and 3D imagery technologies

Founded: 2010

Latest investment amount: $US963 million (March 2018)

Read more about Magic Leap at Business Insider or on PitchBook .


16. Tanium — $US6.7 billion

Company role: Endpoint security systems

Founded: 2007

Latest investment amount: $US200 million (October 2018)

Read more about Tanium at Business Insider or on PitchBook.


(tied) 14. UiPath — $US7.1 billion

UiPathUiPath cofounder and CEO Daniel Dines.

Company role: Robotic process automation software

Founded: 2005

Latest investment amount: $US568 million (April 2019)

Read more about UiPath at Business Insider and on PitchBook.


(tied) 14. Slack — $US7.1 billion

GettySlack cofounder and CEO Stewart Butterfield.

Company role: Collaboration and communication platform for workplace

Founded: 2009

Latest investment amount: $US427 million (August 2018)

Read more about Slack at Business Insider or on PitchBook.


(Note: Slack confidentially filed to go public on February 4th.)


13. Robinhood — $US7.3 billion

Steve Jennings/Getty Images for TechCrunch; Reuters/Brendan McDermidBaiju Bhatt (left) and Vlad Tenev, cofounders and co-CEOs of Robinhood.

Company role: Financial investments platform

Founded: 2013

Latest investment amount: $US200 million (May 2019)

Read more about Robinhood at Business Insider or on PitchBook.


12. Instacart — $US7.9 billion

Mike Kane/Bloomberg via Getty ImagesInstacart founder and CEO Apoorva Mehta.

Company role: On-demand grocery delivery app

Founded: 2012

Latest investment amount: $US871 million (December 2018)

Read more about Instacart at Business Insider or on PitchBook.


11. Wish — $US8 billion

Peter Szulczewski/FacebookWish cofounder and CEO Peter Szulczewski.

Company role: Digital shopping app for items directly from suppliers

Founded: 2010

Latest investment amount: $US500 million (May 2017)

Read more about Wish at Business Insider or on PitchBook.


10. Coinbase — $US8.1 billion

Anthony Harvey/Getty Images for TechCrunchCoinbase cofounder and CEO Brian Armstrong.

Company role: Bitcoin exchange platform

Founded: 2012

Latest investment amount: $US300 million (October 2018)

Read more about Coinbase at Business Insider or on PitchBook.


9. Samumed — $US12.4 billion

Stillpoint X/YouTubeSamumed founder and CEO Osman Kibar.

Company role: Drugs for degenerative diseases

Founded: 2008

Latest investment amount: $US438 million (August 2018)

Read more about Samumed at Business Insider or on PitchBook.


8. DoorDash — $US12.6 billion

Steve Jennings/ Getty ImagesDoorDash cofounder and CEO Tony Xu.

Company role: On-demand food delivery app

Founded: 2013

Latest investment amount: $US600 million (May 2019)

Read more about DoorDash at Business Insider or on PitchBook.


7. Epic Games — $US15 billion

Official GDC/Wikimedia CommonsEpic Games founder and CEO Tim Sweeney.

Company role: Developer of video games, including Fortnite

Founded: 1991

Latest investment amount: $US1.3 billion (October 2018)

Read more about Epic Games at Business Insider or on PitchBook.


6. Palantir — $US20.5 billion

Getty / Drew AngererPalantir cofounder and CEO Alex Karp.

Company role: Data fusion platforms for companies

Founded: 2004

Latest investment amount: $US20 million (November 2016)

Read more about Palantir at Business Insider or on PitchBook.


5. Stripe — $US22.5 billion

Company role: Online payment platform

Founded: 2010

Latest investment amount: $US100 million (January 2019)

Read more about Stripe at Business Insider or on PitchBook.


4. Airbnb — $US31 billion

Mike Windle/GettyAirbnb cofounder and CEO Brian Chesky.

Company role: Online marketplace for short-term home rentals

Founded: 2008

Latest investment amount: $US1 billion (September 2017)

Read more about Airbnb at Business Insider or on PitchBook.


3. SpaceX — $US31.5 billion

David McNew/AFP/Getty ImagesSpaceX founder and CEO Elon Musk.

Company role: Space transport vehicle manufacturer

Founded: 2002

Latest investment amount: $US536 million (May 2019)

Read more about SpaceX at Business Insider or on PitchBook.


2. Juul — $US38 billion

Juul/YouTubeJuul CEO Kevin Burns.

Company role: Nicotine vaporizer developer

Founded:
2017

Latest investment amount: $US12.8 billion (December 2018)

Read more about Juul on Business Insider or on PitchBook.


1. The We Company (formerly WeWork) — $US47 billion

Getty ImagesWe Company cofounder and CEO Adam Neumann.

Company role: Shared workspaces for small businesses

Founded: 2010

Latest investment amount: $US5 billion (January 2019)

Read more about the We Company on Business Insider or on PitchBook.

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