These are the 35 US tech startups that have reached unicorn status in 2018

GettyEpic Games, the makers of ‘Fortnite,’ reached unicorn status in 2018.

When Instagram sold to Facebook for $US1 billion in 2013, it felt like a massive sum of money.

Five years later, we seem to be numb to the billion-dollar acquisitions and valuations around us. WhatsApp was acquired for $US19 billion. Uber is valued at $US72 billion.

Yet, to build a billion-dollar company from scratch is still an incredibly difficult feat. Last year, CB Insights reported that the odds of becoming a unicorn – a company valued at $US1 billion or more – was less than 1% for companies that had raised venture capital.

So far in 2018, there have been 35 tech companies in the US to reach this unicorn status, according to data provided by PitchBook.

Others were included in PitchBook’s list, like the makeup company Pat McGrath Labs, the fancy healthcare provider One Medical, and the publicly traded weed dispensary company MedMen. There were also international companies. For our list, we selected US companies with technology at the core of their business.

Here are the 35 US tech companies that have reached unicorn status in 2018:


35. ThoughtSpot

ThoughtSpot/screenshot

What it does: Search and AI-based analytics

What it’s worth now: $US1 billion

Year founded: 2012


34. WalkMe

Dan Adika/TwitterWalkme CEO Dan Adika.

What it does: Guides users to navigate websites and apps more efficiently

What it’s worth now: $US1 billion

Year founded: 2011


33. Tresata

Tresata

What it does: Analytics software company

What it’s worth now: $US1 billion

Year founded: 2011


32. Talkdesk

TalkdeskTalkdesk CEO Tiago Paiva.

What it does: Cloud-based call center software

What it’s worth now: $US1 billion

Year founded: 2011


31. JFrog

JFrog/screenshot

What it does: Deploys software to the cloud

What it’s worth now: $US1 billion

Year founded: 2008


30. OutSystems

OutSystems CEO Paulo Rosado.

What it does: Platform for “low code” app creation. Think Squarespace, but for mobile apps.

What it’s worth now: $US1 billion

Year founded: 2001


29. SoundHound

Google Play Store

What it does: Audio and speech recognition software

What it’s worth now: $US1.05 billion

Year founded: 2005


28. Formlabs

Formlabs

What it does: 3D printer manufacturer

What it’s worth now: $US1.065 billion

Year founded: 2011


27. Rubicon

Rubicon/screenshot

What it does: Waste management and recycling

What it’s worth now: $US1.066 billion

Year founded: 2008


26. Postmates

What it does: Food delivery

What it’s worth now: $US1.076 billion

Year founded: 2011


25. Convoy

Convoy

What it does: Tech-powered trucking services

What it’s worth now: $US1.085 billion

Year founded: 2015


24. Tradeshift

Flickr/groenbaekTradeshift CEO Christian Lanng.

What it does: Open-source trade platform

What it’s worth now: $US1.1 billion

Year founded: 2005


23. Brex

Brex

What it does: Corporate credit cards for startups

What it’s worth now: $US1.1 billion

Year founded: 2017


22. Lime

Getty

What it does: Electric scooters and e-assist bikes

What it’s worth now: $US1.1 billion

Year founded: 2017


21. Cohesity

CohesityCohesity CEO Mohit Aron.

What it does: Data infrastructure and storage

What it’s worth now: $US1.1 billion

Year founded: 2013


20. Gitlab

Gitlab/screenshot

What it does: A single application for development operations, from project planning to source code management.

What it’s worth now: $US1.1 billion

Year founded: 2011


19. Intercom

IntercomThe Intercom cofounders.

What it does: Customer messaging platform

What it’s worth now: $US1.275 billion

Year founded: 2011


18. Starry

StarryThe Starry Station.

What it does: Internet for $US50 per month

What it’s worth now: $US1.29 billion

Year founded: 2014


17. PagerDuty

PagerDutyPagerDuty CEO Jennifer Tejada.

What it does: Surfaces technical issues for companies

What it’s worth now: $US1.3 billion

Year founded: 2009


16. Toast

Toast

What it does: Restaurant point-of-sale and management system

What it’s worth now: $US1.4 billion

Year founded: 2011


15. Allbirds

Getty

What it does: Merino wool shoes

What it’s worth now: $US1.4 billion

Year founded: 2014


14. Samsara

Samsara

What it does: Fleet management system

What it’s worth now: $US1.4 billion

Year founded: 2015


13. Freshworks

Courtesy of FreshworksFreshworks CEO Girish Mathrubootham.

What it does: Customer support and sales software

What it’s worth now: $US1.5 billion

Year founded: 2010


12. ZipRecruiter

ZipRecruiter/Screenshot

What it does: Job listings and recruiting platform

What it’s worth now: $US1.5 billion

Year founded: 2010


11. Dataminr

Dataminr

What it does: Discovers critical, breaking information before it’s in the news

What it’s worth now: $US1.592 billion

Year founded: 2009


10. Discord

DiscordDiscord CEO Jason Citron.

What it does: Voice, video, and text app designed for gamers

What it’s worth now: $US1.65 billion

Year founded: 2012


9. Automation Anywhere

Automation AnywhereAutomation Anywhere CEO Mihir Shukla.

What it does: Software that helps companies automate repetitive and routine tasks, which industry folks like to call “robotic process automation,” or RPA.

What it’s worth now: $US1.8 billion

Year founded: 2003


8. Bird

Getty

What it does: Electronic scooters

What it’s worth now: $US2 billion

Year founded: 2017


7. Roblox

Roblox‘Heroes of Robloxia’

What it does: Online game creation platform

What it’s worth now: $US2.4 billion

Year founded: 2005


6. Circle

Circle

What it does: Cryptocurrency investment platform

What it’s worth now: $US3 billion

Year founded: 2013


5. UiPath

UiPathUiPath CEO Daniel Dines.

What it does: Automates routine tasks for businesses. Similar to Automation Anywhere, it calls its technology, “robotic process automation.”

What it’s worth now: $US3 billion

Year founded: 2005


4. Snowflake

SnowflakeSnowflake Computing CEO Bob Muglia.

What it does: Cloud-based data-warehousing

What it’s worth now: $US3.95 billion

Year founded: 2012


3. DoorDash

DoorDash

What it does: Food delivery

What it’s worth now: $US4 billion

Year founded: 2013


2. Epic Games

Getty

What it does: Video game developers and the makers of “Fortnite.”

What it’s worth now: $US15 billion

Year founded: 1991


1. Juul Labs

JUUL Labs

What it does: Electronic cigarettes

What it’s worth now: $US16 billion

Year founded: 2017

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