Our market map highlights which markets boast the most private companies with billion-dollar valuations.
There are 393 private companies around the world valued at $1B+, all featured on our real-time unicorn tracker. These companies are collectively worth more than $1.2T and have raised a combined total of over $292B.
Using the CB Insights database, we mapped all 300+ global unicorn companies valued at $1B+ according to the primary markets in which they operate.
Market Map
Our market map sorts unicorns into 15 categories, from AI to fintech to e-commerce. The other category includes companies within real estate, renewable energy, aerospace, and more.
Check out the full list of companies under the market map below.
Categories are not mutually exclusive and companies are sorted by primary use case. Please click to enlarge.
Key takeaways
Trends by category
The largest category in our map is Fintech, with 12% of unicorns. It is followed by E-commerce and Direct-to-Consumer, Internet Software & Services, and Artificial Intelligence, each with 11%.
The most valuable company in the Fintech category is payments company Stripe, with a $22.5B valuation as of January 2019.
In E-commerce, the most valuable company is California-based online shopping platform Wish, at $11.2B. In Internet Software & Services, Beijing-based online real estate platform Beike Zhaofang leads with a $10B valuation as of July 2019.
Most valuable companies
The world’s most valuable private company is China’s Bytedance in the Artificial Intelligence category. The company, which operates platforms such as TikTok and Toutiao, reached a $75B valuation following an investment by SoftBank in November 2018.
Following Bytedance, ride-hailing company Didi Chuxing ($56B), e-cigarette maker JUUL Labs ($50B), co-working company WeWork ($47B, though the company is set to go public in the coming months), and accommodations marketplace Airbnb ($29B) round out the top 5 most valuable private companies.
Valuation distribution
Twenty-one private companies (5% of total unicorns) are considered decacorns, worth $10B+.
Approximately 31% of companies included in the global unicorn club are valued at exactly $1B.
Geographic trends
The United States leads in share of unicorns (49%), holding steady since our last analysis in June 2019. China, in second place, saw its share fall slightly from 25% to 24% in the same time frame.
Third and fourth place go to the United Kingdom and India at roughly 5% each, with 20 and 19 unicorns, respectively.
| Company | Valuation ($B) | Category |
|---|---|---|
| Bytedance | $75 | Artificial intelligence |
| Didi Chuxing | $56 | Auto & transportation |
| JUUL Labs | $50 | Consumer & retail |
| WeWork | $47 | Other |
| Airbnb | $29.30 | Travel |
| Stripe | $22.50 | Fintech |
| SpaceX | $18.50 | Other |
| Epic Games | $15 | Other |
| Grab | $14.30 | Auto & transportation |
| DoorDash | $12.60 |
Supply chain, logistics, & delivery
|
| Bitmain Technologies | $12 | Hardware |
| Samumed | $12 | Health |
| Wish | $11.20 |
E-commerce & direct-to-consumer
|
| Global Switch | $11.08 | Hardware |
| Palantir Technologies | $11 |
Data management & analytics
|
| Beike Zhaofang | $10 |
Internet software & services
|
| DJI Innovations | $10 | Hardware |
| Gojek | $10 |
Supply chain, logistics, & delivery
|
| Infor | $10 |
Supply chain, logistics, & delivery
|
| Nubank | $10 | Fintech |
| One97 Communications | $10 | Fintech |
| Chehaoduo | $9 |
E-commerce & direct-to-consumer
|
| Coupang | $9 |
E-commerce & direct-to-consumer
|
| Coinbase | $8 | Fintech |
| Instacart | $7.60 |
Supply chain, logistics, & delivery
|
| Robinhood | $7.60 | Fintech |
| UiPath | $7.10 | Artificial intelligence |
| Argo AI | $7 | Artificial intelligence |
| Roivant Sciences | $7 | Health |
| Snapdeal | $7 |
E-commerce & direct-to-consumer
|
| Tokopedia | $7 |
E-commerce & direct-to-consumer
|
| Tanium | $6.70 | Cybersecurity |
| Compass | $6.40 |
E-commerce & direct-to-consumer
|
| Magic Leap | $6.30 | Hardware |
| Ola Cabs | $6.20 | Auto & transportation |
| Manbang Group | $6 |
Supply chain, logistics, & delivery
|
| Unity Technologies | $6 | Other |
| Lianjia | $5.80 |
E-commerce & direct-to-consumer
|
| BYJU’s | $5.75 | Edtech |
| Easyhome | $5.70 | Consumer & retail |
| Vice Media | $5.70 |
Internet software & services
|
| Intarcia Therapeutics | $5.50 | Health |
| Klarna | $5.50 | Fintech |
| Hello TransTech | $5 | Auto & transportation |
| Krafton Game Union | $5 | Other |
| Machine Zone | $5 |
Mobile & telecommunications
|
| UBTECH Robotics | $5 | Hardware |
| United Imaging Healthcare | $5 | Health |
| Meizu Technology | $4.58 | Hardware |
| Fanatics | $4.50 |
E-commerce & direct-to-consumer
|
| SenseTime | $4.50 | Artificial intelligence |
| SoFi | $4.50 | Fintech |
| Ziroom | $4.50 |
E-commerce & direct-to-consumer
|
| OYO Rooms | $4.30 | Travel |
| Peloton | $4.20 |
Internet software & services
|
| Face++ | $4 | Artificial intelligence |
| Houzz | $4 |
E-commerce & direct-to-consumer
|
| Niantic | $4 |
Mobile & telecommunications
|
| TripActions | $4 | Travel |
| Yello Mobile | $4 |
Mobile & telecommunications
|
| Snowflake Computing | $3.95 |
Data management & analytics
|
| Gusto | $3.80 | Fintech |
| OpenDoor Labs | $3.80 |
E-commerce & direct-to-consumer
|
| XPeng Motors | $3.65 | Auto & transportation |
| Samsara Networks | $3.60 | Hardware |
| Auto1 Group | $3.54 |
E-commerce & direct-to-consumer
|
| Credit Karma | $3.50 | Fintech |
| Greensill | $3.50 | Fintech |
| Indigo Agriculture | $3.50 | Artificial intelligence |
| N26 | $3.50 | Fintech |
| Otto Bock HealthCare | $3.50 | Health |
| Root Insurance | $3.50 | Fintech |
| TransferWise | $3.50 | Fintech |
| Youxia Motors | $3.35 | Auto & transportation |
| Cloudwalk | $3.32 | Artificial intelligence |
| Rubrik | $3.30 |
Data management & analytics
|
| Swiggy | $3.30 |
Supply chain, logistics, & delivery
|
| The Hut Group | $3.25 |
E-commerce & direct-to-consumer
|
| Flexport | $3.20 |
Supply chain, logistics, & delivery
|
| Oscar Health | $3.20 | Health |
| SmileDirectClub | $3.20 | Health |
| Zoox | $3.20 | Artificial intelligence |
| Tempus | $3.10 | Health |
| BGL Group | $3 | Fintech |
| Circle Internet Financial | $3 | Fintech |
| Horizon Robotics | $3 | Artificial intelligence |
| Kuaishou | $3 |
Mobile & telecommunications
|
| Procore | $3 |
Internet software & services
|
| Royole Corporation | $3 | Hardware |
| SouChe Holdings | $3 |
E-commerce & direct-to-consumer
|
| Ucommune | $3 | Other |
| VANCL | $3 |
E-commerce & direct-to-consumer
|
| VIPKID | $3 | Edtech |
| Xiaohongshu | $3 |
E-commerce & direct-to-consumer
|
| Yuanfudao | $3 | Edtech |
| Lixiang Automotive | $2.93 | Auto & transportation |
| Affirm | $2.90 | Fintech |
| Shanghai Henlius | $2.90 | Health |
| ESR Cayman | $2.80 | Other |
| Meicai | $2.80 |
Mobile & telecommunications
|
| Databricks | $2.70 |
Data management & analytics
|
| Nuro | $2.70 | Auto & transportation |
| Toast | $2.70 | Fintech |
| Plaid Technologies | $2.65 | Fintech |
| Automation Anywhere | $2.60 | Artificial intelligence |
| Brex | $2.60 | Fintech |
| Woowa Brothers | $2.60 |
Supply chain, logistics, & delivery
|
| Monzo | $2.55 | Fintech |
| 23andMe | $2.50 | Health |
| Aihuishou | $2.50 |
E-commerce & direct-to-consumer
|
| Aurora | $2.50 | Auto & transportation |
| Bird Rides | $2.50 | Auto & transportation |
| Canva | $2.50 |
Internet software & services
|
| Confluent | $2.50 |
Data management & analytics
|
| Vista Global | $2.50 | Other |
| Zhihu | $2.50 |
Internet software & services
|
| GRAIL | $2.46 | Health |
| Carbon | $2.40 | Hardware |
| Lime | $2.40 | Auto & transportation |
| Medallia | $2.40 |
Data management & analytics
|
| YITU Technology | $2.37 | Artificial intelligence |
| Dadi Cinema | $2.30 | Other |
| OakNorth | $2.30 | Fintech |
| Uptake | $2.30 | Artificial intelligence |
| FlixBus | $2.25 | Auto & transportation |
| Zume | $2.25 | Consumer & retail |
| MINISO Life | $2.20 | Consumer & retail |
| NuCom Group | $2.20 | Other |
| Toss | $2.20 | Fintech |
| Zomato | $2.18 |
Internet software & services
|
| BenevolentAI | $2.10 | Artificial intelligence |
| Nextdoor | $2.10 |
Internet software & services
|
| Avant | $2 | Artificial intelligence |
| Babylon Health | $2 | Artificial intelligence |
| Cambricon | $2 | Artificial intelligence |
| Checkout.com | $2 | Fintech |
| Danke Apartment | $2 |
E-commerce & direct-to-consumer
|
| Deliveroo | $2 |
Supply chain, logistics, & delivery
|
| Discord | $2 |
Internet software & services
|
| HuiMin | $2 |
E-commerce & direct-to-consumer
|
| Impossible Foods | $2 | Consumer & retail |
| Improbable | $2 | Other |
| LegalZoom | $2 |
Internet software & services
|
| Lemonade | $2 | Fintech |
| Mafengwo | $2 | Travel |
| Marqeta | $2 | Fintech |
| Preferred Networks | $2 | Artificial intelligence |
| ReNew Power | $2 | Other |
| Traveloka | $2 | Travel |
| Trendy Group International | $2 | Consumer & retail |
| Zenefits | $2 | Fintech |
| eDaili | $1.90 |
E-commerce & direct-to-consumer
|
| HashiCorp | $1.90 |
Internet software & services
|
| InVision | $1.90 |
Internet software & services
|
| monday.com | $1.90 |
Internet software & services
|
| Postmates | $1.85 |
Supply chain, logistics, & delivery
|
| Afiniti | $1.80 | Artificial intelligence |
| BillDesk | $1.80 | Fintech |
| Devoted Health | $1.80 | Health |
| Quora | $1.80 |
Internet software & services
|
| $1.80 |
Internet software & services
|
|
| Sprinklr | $1.80 |
Internet software & services
|
| ZocDoc | $1.80 | Health |
| L&P Cosmetic | $1.78 | Consumer & retail |
| Kaseya | $1.75 | Cybersecurity |
| Buzzfeed | $1.70 |
Internet software & services
|
| Carta | $1.70 | Fintech |
| Graphcore | $1.70 | Artificial intelligence |
| InsideSales.com | $1.70 | Artificial intelligence |
| PAX | $1.70 | Consumer & retail |
| Pony.ai | $1.70 | Artificial intelligence |
| Revolut | $1.70 | Fintech |
| Squarespace | $1.70 |
Internet software & services
|
| Thumbtack | $1.70 |
E-commerce & direct-to-consumer
|
| CureVac | $1.65 | Health |
| Darktrace | $1.65 | Artificial intelligence |
| Jusfoun Big Data | $1.65 |
Data management & analytics
|
| ServiceTitan | $1.65 |
Internet software & services
|
| BlaBlaCar | $1.60 | Auto & transportation |
| CAOCAO | $1.60 | Auto & transportation |
| Dataminr | $1.60 | Artificial intelligence |
| Delhivery | $1.60 |
Supply chain, logistics, & delivery
|
| Gan & Lee Pharmaceuticals | $1.60 | Health |
| Infinidat | $1.60 | Hardware |
| AIWAYS | $1.59 | Auto & transportation |
| Quanergy Systems | $1.59 | Auto & transportation |
| Promasidor Holdings | $1.58 | Consumer & retail |
| Northvolt | $1.57 | Other |
| Oxford Nanopore Technologies | $1.55 | Health |
| Asana | $1.50 |
Internet software & services
|
| Chime | $1.50 | Fintech |
| Cybereason | $1.50 | Cybersecurity |
| Desktop Metal | $1.50 | Hardware |
| Freshworks | $1.50 |
Internet software & services
|
| Gett | $1.50 | Auto & transportation |
| ironSource | $1.50 |
Mobile & telecommunications
|
| Mu Sigma | $1.50 |
Data management & analytics
|
| Segment | $1.50 |
Data management & analytics
|
| STX Entertainment | $1.50 | Other |
| TuJia | $1.50 | Travel |
| We Doctor | $1.50 | Health |
| Tuandaiwang | $1.46 | Fintech |
| Coocaa | $1.45 | Hardware |
| Allbirds | $1.40 |
E-commerce & direct-to-consumer
|
| AppLovin | $1.40 |
Mobile & telecommunications
|
| AvidXchange | $1.40 | Fintech |
| Away | $1.40 |
E-commerce & direct-to-consumer
|
| C3 | $1.40 | Artificial intelligence |
| Cabify | $1.40 | Auto & transportation |
| Cgtz | $1.40 | Fintech |
| Hike | $1.40 |
Mobile & telecommunications
|
| Koudai | $1.40 |
E-commerce & direct-to-consumer
|
| Symphony Communication Services | $1.40 |
Internet software & services
|
| Wemakeprice | $1.33 |
E-commerce & direct-to-consumer
|
| GPclub | $1.32 | Other |
| Docker | $1.30 |
Internet software & services
|
| Knotel | $1.30 | Other |
| OneTrust | $1.30 |
Internet software & services
|
| Trax | $1.30 |
Data management & analytics
|
| Zeta Global | $1.30 |
Internet software & services
|
| Intercom | $1.29 |
Internet software & services
|
| Ovo Energy | $1.28 | Other |
| Starry | $1.27 |
Mobile & telecommunications
|
| Atom Bank | $1.25 | Fintech |
| Butterfly Network | $1.25 | Artificial intelligence |
| ezCater | $1.25 |
Supply chain, logistics, & delivery
|
| Infi | $1.25 | Artificial intelligence |
| 4Paradigm | $1.20 | Artificial intelligence |
| Clover Health | $1.20 | Health |
| Glossier | $1.20 | Consumer & retail |
| JFrog | $1.20 |
Internet software & services
|
| KeepTruckin | $1.20 |
Supply chain, logistics, & delivery
|
| OfferUp | $1.20 |
Mobile & telecommunications
|
| Ten-X | $1.20 |
E-commerce & direct-to-consumer
|
| Warby Parker | $1.20 |
E-commerce & direct-to-consumer
|
| Yiguo | $1.20 |
Supply chain, logistics, & delivery
|
| Zipline International | $1.20 |
Supply chain, logistics, & delivery
|
| HeartFlow | $1.19 | Health |
| Luoji Siwei | $1.17 | Edtech |
| Yimidida | $1.17 |
Supply chain, logistics, & delivery
|
| Automattic | $1.16 |
Internet software & services
|
| Deezer | $1.16 |
Internet software & services
|
| Tuhu | $1.16 | Auto & transportation |
| BrewDog | $1.15 | Consumer & retail |
| LifeMiles | $1.15 | Other |
| Doctolib | $1.14 | Health |
| Junlebao | $1.14 | Consumer & retail |
| Actifio | $1.10 |
Data management & analytics
|
| Airtable | $1.10 |
Internet software & services
|
| Casper | $1.10 |
E-commerce & direct-to-consumer
|
| GitLab | $1.10 |
Internet software & services
|
| Hims | $1.10 | Health |
| Ivalua | $1.10 | Fintech |
| Outreach | $1.10 | Artificial intelligence |
| OVH | $1.10 | Other |
| Proteus Digital Health | $1.10 | Health |
| ShopClues | $1.10 |
E-commerce & direct-to-consumer
|
| SmartNews | $1.10 |
Mobile & telecommunications
|
| Sonder | $1.10 | Travel |
| TangoMe | $1.10 |
Mobile & telecommunications
|
| Tradeshift | $1.10 | Fintech |
| Yijiupi | $1.10 | Consumer & retail |
| Radius Payment Solutions | $1.07 | Fintech |
| Formlabs | $1.06 | Hardware |
| Jiuxian | $1.05 | Consumer & retail |
| AppDirect | $1.04 |
E-commerce & direct-to-consumer
|
| Judo Bank | $1.04 | Other |
| Miaoshou Doctor | $1.02 |
E-commerce & direct-to-consumer
|
| Avaloq Group | $1.01 | Fintech |
| Leap Motor | $1.01 | Auto & transportation |
| 10X Genomics | $1 | Health |
| 17zuoye | $1 | Edtech |
| 58 Daojia | $1 |
Internet software & services
|
| About You | $1 |
E-commerce & direct-to-consumer
|
| Age of Learning | $1 | Edtech |
| Aijia Life | $1 | Other |
| Airwallex | $1 | Fintech |
| Apus Group | $1 |
Mobile & telecommunications
|
| Auth0 | $1 | Cybersecurity |
| BeiBei | $1 |
E-commerce & direct-to-consumer
|
| BigBasket | $1 |
Supply chain, logistics, & delivery
|
| Bill.com | $1 | Fintech |
| BitFury | $1 | Hardware |
| Bolt | $1 | Auto & transportation |
| Branch | $1 |
Mobile & telecommunications
|
| Bukalapak | $1 |
E-commerce & direct-to-consumer
|
| C2FO | $1 | Fintech |
| Calm | $1 | Consumer & retail |
| Cell C | $1 |
Mobile & telecommunications
|
| Celonis | $1 |
Data management & analytics
|
| CloudFlare | $1 | Cybersecurity |
| Cohesity | $1 |
Data management & analytics
|
| Collibra | $1 |
Data management & analytics
|
| Convoy | $1 |
Supply chain, logistics, & delivery
|
| Coursera | $1 | Edtech |
| Dada-JD Daojia | $1 |
Supply chain, logistics, & delivery
|
| DataRobot | $1 | Artificial intelligence |
| Ding Xiang Yuan | $1 | Health |
| Dream11 | $1 |
Internet software & services
|
| Druva | $1 |
Data management & analytics
|
| DT Dream | $1 |
Data management & analytics
|
| Fanli | $1 |
E-commerce & direct-to-consumer
|
| FlashEx | $1 |
Supply chain, logistics, & delivery
|
| Geek+ | $1 | Hardware |
| GetYourGuide | $1 | Travel |
| Ginkgo BioWorks | $1 | Health |
| Globality | $1 | Artificial intelligence |
| GoodRx | $1 | Health |
| Gympass | $1 |
Internet software & services
|
| Hippo | $1 | Fintech |
| Huike Group | $1 | Edtech |
| HuJiang | $1 | Edtech |
| Ibotta | $1 |
E-commerce & direct-to-consumer
|
| iCarbonX | $1 | Artificial intelligence |
| Icertis | $1 | Artificial intelligence |
| iFood | $1 |
Supply chain, logistics, & delivery
|
| Illumio | $1 | Cybersecurity |
| InMobi | $1 |
Mobile & telecommunications
|
| Intellifusion | $1 | Artificial intelligence |
| iTutorGroup | $1 | Edtech |
| JOLLY Information Technology | $1 |
E-commerce & direct-to-consumer
|
| Kabbage | $1 | Fintech |
| Katerra | $1 |
Supply chain, logistics, & delivery
|
| Kendra Scott | $1 | Consumer & retail |
| Kik Interactive | $1 |
Mobile & telecommunications
|
| Klook | $1 | Travel |
| KnowBe4 | $1 | Cybersecurity |
| KnowBox | $1 | Edtech |
| Lalamove | $1 |
Supply chain, logistics, & delivery
|
| letgo | $1 |
E-commerce & direct-to-consumer
|
| Lightricks | $1 | Artificial intelligence |
| LinkDoc Technology | $1 | Health |
| LinkSure Network | $1 |
Mobile & telecommunications
|
| Liquid | $1 | Fintech |
| Loggi | $1 |
Supply chain, logistics, & delivery
|
| Lookout | $1 | Cybersecurity |
| MarkLogic | $1 |
Data management & analytics
|
| MediaMath | $1 |
Internet software & services
|
| Medlinker | $1 | Health |
| Meero | $1 | Artificial intelligence |
| Mia.com | $1 |
E-commerce & direct-to-consumer
|
| MindMaze | $1 | Health |
| Mofang Living | $1 |
E-commerce & direct-to-consumer
|
| Momenta | $1 | Artificial intelligence |
| Netskope | $1 | Cybersecurity |
| Numbrs | $1 | Fintech |
| Nxin | $1 |
Internet software & services
|
| OCSiAl | $1 | Other |
| Ola Electric Mobility | $1 | Auto & transportation |
| Omio | $1 | Travel |
| One Medical Group | $1 | Health |
| OrCam Technologies | $1 | Artificial intelligence |
| OutSystems | $1 |
Internet software & services
|
| Pat McGrath Labs | $1 | Consumer & retail |
| Poizon | $1 |
Mobile & telecommunications
|
| PolicyBazaar | $1 | Fintech |
| Rappi | $1 |
Supply chain, logistics, & delivery
|
| Red Ventures | $1 | Other |
| Rent the Runway | $1 |
E-commerce & direct-to-consumer
|
| Revolution Precrafted | $1 | Other |
| Rivigo | $1 |
Supply chain, logistics, & delivery
|
| Roblox | $1 |
Internet software & services
|
| Rocket Lab | $1 | Other |
| Rubicon Global | $1 | Other |
| Scale AI | $1 | Artificial intelligence |
| Seismic | $1 |
Internet software & services
|
| Sila Nanotechnologies | $1 | Other |
| SMS Assist | $1 |
Internet software & services
|
| SoundHound | $1 | Artificial intelligence |
| StockX | $1 |
E-commerce & direct-to-consumer
|
| Sumo Logic | $1 |
Data management & analytics
|
| Supreme | $1 | Consumer & retail |
| sweetgreen | $1 | Consumer & retail |
| Talkdesk | $1 |
Internet software & services
|
| TechStyle Fashion Group | $1 |
E-commerce & direct-to-consumer
|
| Tongdun Technology | $1 | Cybersecurity |
| Tresata | $1 |
Data management & analytics
|
| Turo | $1 |
E-commerce & direct-to-consumer
|
| TuSimple | $1 | Artificial intelligence |
| Udaan | $1 |
Supply chain, logistics, & delivery
|
| Unisound | $1 | Artificial intelligence |
| Vlocity | $1 |
Internet software & services
|
| Vox Media | $1 |
Internet software & services
|
| VTS | $1 |
Internet software & services
|
| WalkMe | $1 |
Internet software & services
|
| XiaoZhu | $1 | Travel |
| Yanolja | $1 | Travel |
| YH Global | $1 |
Supply chain, logistics, & delivery
|
| Yidian Zixun | $1 |
Mobile & telecommunications
|
| Yixia | $1 |
Mobile & telecommunications
|
| Zhangmen | $1 | Edtech |
| Zhaogang | $1 |
E-commerce & direct-to-consumer
|
| ZipRecruiter | $1 | Artificial intelligence |