The 27 most valuable private tech companies in the US

  • Uber,Slack, 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 27 startups in the US with the highest valuations.

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

Major tech startups like Uber, Airbnb, and SpaceX are among the most highly valued private companies, PitchBook reports. But recent major investments into burgeoning tech startups – including Juul and Pokemon Go-creator Niantic – have brought new players into the spotlight. At this point, there are almost too many billion-dollar startups to count.

Uber’s $US72 billion valuation solidifies the company’s spot at the top. However, the ride-hailing platform plans to go public this year, so the No. 1 spot will soon be up for grabs. Other companies in the rankings, including Slack and Lyft, are rumoured to soon file for IPOs, so the standings could change soon.

Here are the 27 most valuable VC-backed startups in the US:


(tied) 24. Credit Karma — $US4.0 billion

Credit Karma

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 on PitchBook.


(tied) 24. Wish — $US4.0 billion

Screenshots

Company role: Digital shopping app for items directly from suppliers

Founded: 2010

Latest investment amount: $US500 million (May 2017)

Read more about Wish on PitchBook.


(tied) 24. Houzz — $US4.0 billion

Kimberley Bryan / Houzz

Company role: Platform for home remodeling and design

Founded: 2009

Latest investment amount: $US400 million (June 2017)

Read more about Houzz on PitchBook.


(tied) 24. DoorDash — $US4.0 billion

DoorDash

Company role: On-demand food delivery app

Founded: 2013

Latest investment amount: $US250 million (August 2018)

Read more about DoorDash on PitchBook.


(tied) 24. Niantic — $US4.0 billion

Company role: Augmented reality video games, including “Pokémon Go”

Founded: 2010

Latest investment amount: $US245 million (January 2019)

Read more about Niantic on PitchBook.


22. Intarcia Therapeutics — $US4.1 billion

Getty Images/Christopher Furlong

Company role: Therapeutic drugs for chronic diseases

Founded: 1995

Latest investment amount: $US615 million (August 2017)

Read more about Intarcia Therapeutics on PitchBook.


21. Peloton — $US4.2 billion

Business Insider/Mary Hanbury

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

Founded: 2012

Latest investment amount: $US550 million (August 2018)

Read more about Peloton on PitchBook.


(tied) 19. SoFi — $US4.4 billion

SoFi

Company role: Financial services for loans and wealth management

Founded: 2011

Latest investment amount: $US500 million (March 2017)

Read more about SoFi on PitchBook.


(tied) 19. Compass — $US4.4 billion

Getty

Company role: Platform for real estate agents and customers

Founded: 2012

Latest investment amount: $US400 million (September 2018)

Read more about Compass on PitchBook.


18. Machine Zone — $US5 billion

Machine ZoneMachine Zone’s mobile game ‘Game of War: Fire Age.’

Company role: Multiplayer mobile games developer

Founded: 2007

Latest investment amount: $US330 million (August 2016)

Read more about Machine Zone on PitchBook.


17. Robinhood — $US5.6 billion

Robinhood

Company role: Financial investments platform

Founded: 2013

Latest investment amount: $US363 million (May 2018)

Read more about Robinhood on PitchBook.


16. Magic Leap — $US6.4 billion

Magic Leap

Company role: Augmented reality and 3D imagery technologies

Founded: 2010

Latest investment amount: $US963 million (March 2018)

Read more about Magic Leap on PitchBook.


15. Tanium — $US6.7 billion

Dean Mouhtaropoulos/Getty Images

Company role: IT security systems

Founded: 2007

Latest investment amount: $US200 million (October 2018)

Read more about Tanium on PitchBook.


14. Slack — $US7.1 billion

Company role: Collaboration and communication platform for workplace

Founded: 2009

Latest investment amount: $US427 million (August 2018)

Read more about Slack on PitchBook.


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


13. Instacart — $US7.9 billion

Instacart

Company role: On-demand grocery delivery app

Founded: 2012

Latest investment amount: $US871 million (December 2018)

Read more about Instacart on PitchBook.


12. Coinbase — $US8.1 billion

Coinbase

Company role: Bitcoin exchange platform

Founded: 2012

Latest investment amount: $US300 million (October 2018)

Read more about Coinbase on PitchBook.


11. Pinterest — $US12.3 billion

Avery Hartmans/Business Insider

Company role: Online content sharing platform

Founded: 2008

Latest investment amount: $US150 million (June 2017)

Read more about Pinterest on PitchBook.


10. Samumed — $US12.4 billion

Company role: Drugs for degenerative diseases

Founded: 2008

Latest investment amount: $US438 million (August 2018)

Read more about Samumed on PitchBook.


9. Epic Games — $US15.0 billion

YouTube/Unbox Therapy

Company role: Developer of video games, including “Fortnite”

Founded: 1991

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

Read more about Epic Games on PitchBook.


8. Lyft — $US15.1 billion

Justin Sullivan/Getty Images

Company role: On-demand ride-hailing app

Founded: 2007

Latest investment amount: $US600 million (June 2018)

Read more about Lyft on PitchBook.


7. Palantir — $US20.5 billion

PalantirPalantir’s headquarters.

Company role: Data fusion platforms for companies

Founded: 2004

Latest investment amount: $US20 million (November 2016)

Read more about Palantir on PitchBook.


6. Stripe — $US22.5 billion

Stripe

Company role: Online payment platform

Founded: 2010

Latest investment amount: $US100 million (January 2019)

Read more about Stripe on PitchBook.


5. SpaceX — $US30.5 billion

Company role: Space transport vehicle manufacturer

Founded: 2002

Latest investment amount: $US500 million (January 2019)

Read more about SpaceX on PitchBook.


4. Airbnb — $US31 billion

Airbnb

Company role: Online marketplace for short-term home rentals

Founded: 2008

Latest investment amount: $US1 billion (September 2017)

Read more about Airbnb on PitchBook.


3. Juul — $US38 billion

Melia Robinson/Business Insider

Company role: Nicotine vaporizer developer

Founded:
2017

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

Read more about Juul on Business Insider and on PitchBook.


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

WeWorkWeWork Soho in New York City.

Company role: Shared workspaces for small businesses

Founded: 2010

Latest investment amount: $US5 billion (January 2019)

Read more about WeWork on PitchBook.


1. Uber — $US72 billion

Spencer Platt/Getty

Company role: On-demand ride-hailing app

Founded: 2009

Latest investment amount: $US2 billion (October 2018)

Read more about Uber on PitchBook.

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