Not every tech startup can hit a $72 billion valuation like Uber, but the club of startups valued at $1 billion or more is getting bigger.
Members of this coveted group are known as “unicorns.” They make up only a small percentage of all startups, but that percentage has been gradually growing.
2018 was a record-setting year for unicorns – almost 100 companies were able to woo investors and achieve ten-digit valuations, according to data from Pitchbook. As 2019 takes off, Pitchbook has been tracking the startups that have already reached unicorn status this year.
These are the tech startups whose valuations reached $1 billion in 2019: