These $1B+ companies have an aggregate valuation of about $117B, led by Epic Games.
From gaming to healthcare to pizza delivery, US-based startups which reached unicorn status in 2018 represent a diverse range of industries.
Silicon Valley produced plenty of $1B+ companies in 2018, but other parts of the country also had a strong showing. New York, Boston, Chicago, and Nashville, among other cities, all played host to newly minted unicorns last year.
Using CB Insights data, we identified all the US-based startups that reached a $1B+ valuation in 2018.
1. Epic Games
Total Funding: $1.59B
Company Description: The Cary, N.C.-based unicorn is the video game company behind the Gears of War games as well as the highly popular Fortnite. It is also known for developing Unreal Engine.
Select Investors: Tencent Holdings, Disney Accelerator, Kleiner Perkins Caufield & Byers, Lightspeed Venture Partners, Vulcan Capital, ICONIQ Capital
Total Funding: $438M
Company Description: Samumed is a San Diego biotech company that develops tissue regeneration therapies. The company focused on regenerative medicine, oncology, and degenerative diseases.
Select Investors: Vickers Venture Partners, Pfizer, IKEA GreenTech
Total Funding: $1.37B
Company Description: San Francisco-based DoorDash is an on-demand digital marketplace through which users can order meals from local restaurants. It recently raised $400M in Series F funding.
Select Investors: Y Combinator, Sequoia Capital, Khosla Ventures, Kleiner Perkins Caufield & Byers, Wellcome Trust, GIC, SoftBank Group, DST Global
Total Funding: $895M
Company Description: Based in San Mateo, California, Snowflake Computing serves enterprise-level clients with cloud-based data warehouse solutions.
Select Investors: Redpoint Ventures, Madrona Venture Group, ICONIQ Capital, Capital One Growth Ventures, Sequoia Capital, Meritech Capital Partners
Total Funding: $215M
Company Description: The San Francisco company develops internet-connected sensor systems that enable clients to leverage physical data in decision-making. Samsara’s applications include fleet management, collision prevention, and delivery coordination.
Select Investors: Andreessen Horowitz, General Catalyst
Total Funding: $427M
Company Description: Based in Nashville, Tennessee, SmileDirectClub provides at-home teeth-straightening kits. Users can purchase invisible aligners after being fitted via in-person consultations or using an at-home kit.
Select Investors: Camelot Venture Group, Align Technology, Kleiner Perkins Caufield & Byers, Spark Capital, Clayton Dubilier & Rice
Total Funding: $1.3B
Company Description: Flexport is a San Francisco company that offers transparent, affordable, and trackable freight shipping services. Clients have access to a dashboard which provides visibility on orders, billing, and shipments.
Select Investors: Google Ventures, Y Combinator, First Round Capital, SV Angel, BoxGroup, Bloomberg Beta, Founders Fund, Fenway Summer Ventures, 7Percent, Wells Fargo & Company
Total Funding: $246M
Company Description: Circle Internet Financial is a Boston-based cryptocurrency company offering a crypto exchange platform, money transfers, and investment services.
Select Investors: Accel, General Catalyst, Breyer Capital, Oak Investment Partners, IDG Capital, Blockchain Capital, Goldman Sachs Principal Strategic Investments, Baidu
Total Funding: $448M
Company Description: UiPath is a software company based in New York that offers robotic process automation.
Select Investors: Accel, Kleiner Perkins Caufield & Byers, capitalG, Sequoia Capital, Madrona Venture Group, Meritech Capital Partners, Institutional Venture Partners
Total Funding: $1M
Company Description: Operating out of Santa Monica, California, GoodRx offers a cost-saving platform for prescription drugs. The company presents users with savings opportunities through pharmacy discount plans and price-matching offers.
Select Investors: Founders Fund, Highland Capital Partners, SV Angel, Lerer Hippeau Ventures, Spectrum Equity, Francisco Partners, Silver Lake Partners
Total Funding: $310M
Company Description: San Francisco’s Plaid Technologies builds user-friendly APIs and tools for financial institutions.
Select Investors: New Enterprise Associates, Spark Capital, Google Ventures, Citi Ventures, American Express Ventures, Goldman Sachs Investment Partners, Andreessen Horowitz
Total Funding: $550M
Company Description: The San Jose, California, company offers robotic process automation for a range of industries, including financial services, life sciences, manufacturing, and telecommunications.
Select Investors: New Enterprise Associates, Goldman Sachs, General Atlantic, World Innovation Lab, SoftBank Group, Workday Ventures
Total Funding: $250M
Company Description: Headquartered in San Mateo, California, Roblox is an online gaming platform. Roblox’s games and features are designed to be family-friendly and are available across multiple systems, including iOS, Android, Mac, PC, and Xbox One.
Select Investors: First Round Capital, Altos Ventures, Meritech Capital Partners, Index Ventures, Darwin Ventures, Tiger Global Management, Greylock Partners
Total Funding: $777M
Company Description: Lime, based in San Mateo, California, is an app-based sharing service for bikes, electric scooters, and other vehicles.
Select Investors: Andreessen Horowitz, DST Global, Coatue Management, Google Ventures, Stanford University, Fidelity Investments, Uber, Alphabet, Bain Capital Ventures
15. Zume Pizza
Total Funding: $446M
Company Description: Based in Mountain View, California, Zume Pizza provides low-cost pizza deliveries. Pizzas are transported in mobile kitchens to improve freshness on delivery.
Select Investors: SoftBank Group, SignalFire, Maveron, Kortschak Investments, AME Cloud Ventures, SGH Capital
Total Funding: $279M
Company Description: Designed for gamers and developed in San Francisco, Discord provides an all-in-one chat program that allows for audio, text, and video messaging.
Select Investors: Accel, Benchmark, WarnerMedia Investments, Tencent Holdings, Greylock Partners, General Catalyst, Spark Capital, Index Ventures
17. Bird Rides
Total Funding: $418M
Company Description: Another electric scooter unicorn, the Santa Monica-based startup Bird Rides enables users to rent dockless vehicles. Bird Rides currently operates in more than 100 locations.
Select Investors: Sequoia Capital, Accel, CRV, Greycroft Partners, Tusk Ventures, Craft Ventures, Index Ventures, Upfront Ventures, Sound Ventures
Total Funding: $285M
Company Description: Based in Glendale, California, LegalZoom aims to makes legal services more affordable for small businesses and individuals. Users can create legal documents directly from the website, with available options including wills, trademark applications, and business formation filings.
Select Investors: Kleiner Perkins Caufield & Byers, Institutional Venture Partners, Millennium Technology Value Partners, Bryant Stibel, Francisco Partners, Neuberger Berman
19. Tempus Labs
Total Funding: $320M
Company Description: Tempus Labs, headquartered in Chicago, Illinois, uses machine learning and genome sequencing to develop personalized cancer treatments.
Select Investors: New Enterprise Associates, Revolution, Lightbank, T. Rowe Price, Kinship Trust Company
Total Funding: $174M
Company Description: HashiCorp is a San Francisco software company that specializes in cloud infrastructure automation. The solutions are designed to serve developers, operators, and security professionals.
Select Investors: Mayfield Fund, True Ventures, GGV Capital, Redpoint Ventures, Bessemer Venture Partners, Institutional Venture Partners
Total Funding: $351M
Company Description: Invision is a New York City startup that provides a product design workflow platform. The service helps project participants to collaborate.
Select Investors: FirstMark Capital, Tiger Global Management, Accel, ICONIQ Capital, Spark Capital, Battery Ventures, Goldman Sachs
Total Funding: $679M
Company Description: Postmates, headquartered in San Francisco, enables users to order groceries or take-out food via an app. Users have the option of getting their items delivered or having them prepared for pick-up.
Select Investors: Founders Fund, Spark Capital, Harmony Partners, Tiger Global Management, Slow Ventures, Thirty Five Ventures, G Squared, BlackRock
23. Devoted Health
Total Funding: $369M
Company Description: The Waltham, Massachusetts, company offers Medicare Advantage plans that promise affordable, streamlined services. Users can shop for plans and look up providers directly through the Devoted Health website.
Select Investors: Venrock, Oak HC/FT Partners, F-Prime Capital, Andreessen Horowitz, Uprising, Premji Invest
Total Funding: $72M
Company Description: Based in Culver City, California, MedMen is a fast-growing cannabis company that has been called the “Apple Store of Weed” and the “Starbucks of Pot.” MadMen filed for an IPO a few months after becoming a unicorn.
Select Investors: N Squared Management, Cap-Meridian Ventures, Captor Capital, Public
Total Funding: $325M
Company Description: Glendale, California-based ServiceTitan offers a cloud platform which helps run operations for plumbing, HVAC, and electrical companies. Services include a CRM, report generation, and marketing tools.
Select Investors: Bessemer Venture Partners, I2BF Global Ventures, Mucker Capital, ICONIQ Capital, Battery Ventures, T. Rowe Price, Index Ventures
Total Funding: $569M
Company Description: Dataminr, based in New York, bills itself as “the world’s real-time information discovery company.” Its analytics program scans social media platforms for signifiers of breaking news and events. The startup provides services for several different industries, including finance, security, public relations, and the public sector.
Select Investors: GSV Capital, Wharton Equity Partners, Institutional Venture Partners, Goldman Sachs, Fidelity Investments, Credit Suisse NEXT Investors
Total Funding: $281M
Company Description: Looker, based in Santa Cruz, California, is a software-as-a-service (SaaS) platform that helps companies to leverage data for better decision-making. Its analytics programs apply to digital marketing, web events, and business intelligence.
Select Investors: First Round Capital, Redpoint Ventures, Meritech Capital Partners, Sapphire Ventures, Kleiner Perkins Caufield & Byers, Goldman Sachs, capitalG
Total Funding: $212M
Company Description: San Francisco-based productivity startup Asana provides a work management platform designed for team collaboration. The company recently stated that it had seen 8 consecutive quarters of growth.
Select Investors: Andreessen Horowitz, Founders Fund, Peter Thiel, Kapor Capital, Mark Zuckerberg, Generation Investment Management, Lead Edge Capital
Total Funding: $249M
Company Description: Freshworks is a San Bruno, California, company that offers cloud-based customer support. The Freshworks platform helps users connect with customers over multiple channels, including phone calls, email, and social media.
Select Investors: Accel, Tiger Global Management, capitalG, Sequoia Capital India
Total Funding: $77M
Company Description: Allbirds, based in San Francisco, makes environmentally-conscious footwear. Its shoes are made of merino wool and packaged in 90% post-consumer recyclable material.
Select Investors: Slow Ventures, Lerer Hippeau Ventures, Great Oaks Venture Capital, Red Sea Ventures, Maveron, Tiger Global Management, Fidelity Investments
Total Funding: $253M
Company Description: Toast is a Boston-based company that offers an all-in-one restaurant management solution. It includes point-of-sale features, loyalty program management, and insights and tracking for a range of kitchen functions.
Select Investors: Bessemer Venture Partners, Google Ventures, F-Prime Capital, Generation Investment Management, Lead Edge Capital, Tiger Global Management
Total Funding: $174M
Company Description: San Francisco-based PagerDuty is SaaS platform which alerts IT teams when problems arise in their systems. PagerDuty also offers incident tracking to help with monitoring and issue resolution.
Select Investors: Y Combinator, Andreessen Horowitz, Bessemer Venture Partners, Accel, T. Rowe Price, Wellington Management
Total Funding: $163M
Company Description: Boston-based Starry offers a flat-rate internet service which does not require long-term contracts.
Select Investors: FirstMark Capital, Tiger Global Management, IAC, Kohlberg Kravis Roberts & Co., Quantum Strategic Partners, HLVP
Total Funding: $240M
Company Description: Intercom, based in San Francisco, offers a customer communications suite. It allows for messaging via mobile and web apps, and supports usage by team members across multiple departments.
Select Investors: 500 Startups, Bessemer Venture Partners, ICONIQ Capital, Index Ventures, Kleiner Perkins Caufield & Byers, Google Ventures
Total Funding: $350M
Company Description: Headquartered in Guilford, Connecticut, Butterfly Network produces a low-cost ultrasound device that can be used with a smartphone for medical imaging. The company’s goal is to make medical imaging viable and cost-effective across the globe.
Select Investors: Bill & Melinda Gates Foundation, Stanford University, Aeris Capital, Fidelity Investments, Fosun Pharmaceutical
Total Funding: $163M
Company Description: Airtable is a San Francisco-based company that makes a spreadsheet-database hybrid that seeks to facilitate more efficient and collaborative workflows.
Select Investors: Founder Collective, Bling Capital, BoxGroup, Data Collective, Caffeinated Capital, CRV, Slow Ventures, Benchmark, Thrive Capital, Coatue Management
Total Funding: $182M
Company Description: Brex is a financial startup headquartered in San Francisco. It issues a corporate credit card that does not require personal guarantees or credit scores, and approvals are issued immediately.
Select Investors: Y Combinator, Peter Thiel, Ribbit Capital, One Way Ventures, DST Global, Institutional Venture Partners, Greenoaks Capital Management
Total Funding: $166M
Company Description: Operating out of San Francisco, GitLab offers programmers a collaborative environment. Users can update and review coding changes as well as track each version of their programs as they write them, enabling teams working on the development project to see any issues.
Select Investors: Y Combinator, Khosla Ventures, 500 Startups, Tuesday Capital, FundersClub, August Capital, Google Ventures, ICONIQ Capital, Goldman Sachs
Total Funding: $455M
Company Description: San Francisco’s Tradeshift is a digital accounts company, providing support to supply chain managers for invoicing, buying, and discounting
Select Investors: PayPal, Intuit, HSBC Venture Capital, American Express Ventures, Santander InnoVentures, HSBC, Goldman Sachs Principal Strategic Investments
Total Funding: $104M
Company Description: The Massachusetts-based company is a 3D printing startup currently offering two printer models.
Select Investors: Kima Ventures, DFJ Growth Fund, SOSV, BIRD Foundation, Foundry Group, Autodesk Spark Innovation Fund, C4 Ventures, New Enterprise Associates
Total Funding: $410M
Company Description: The San Jose, California, startup provides a secondary backup service for enterprise data. It purports to eliminate siloes and bring together necessary functionalities into one user-friendly program.
Select Investors: Sequoia Capital, Google Ventures, Battery Ventures, Accel, Trinity Ventures, Qualcomm Ventures, Artis Ventures, SoftBank Group, Morgan Stanley Expansion Capital
Total Funding: $275M
Company Description: Convoy is based in Seattle and operates a trucking network through which shippers and truck operators can connect and book jobs. The platform relies on automation and GPS to provide transparency and cost efficient services. Payments are sent within days, and users can sign up for job notifications and other resources.
Select Investors: Allen & Company, Bezos Expeditions, Greylock Partners, Cascade Investment, Y Combinator, Mosaic Ventures, Bill Gates, Bono, capitalG, Alphabet
Total Funding: $228M
Company Description: Operating from Sunnyvale, California, JFrog is a DevOps startup that provides a software management solution. JFrog recently acquired the cloud-based delivery platform Shippable.
Select Investors: Dell Technologies Capital, VMware, Battery Ventures, Sapphire Ventures, Qumra Capital, Insight Venture Partners, Spark Capital, Geodesic Capital
Total Funding: $606M
Company Description: MediaMath is a New York-based programmatic marketing company. It developed the first real-time media buying software program in 2007, according to its website.
Select Investors: Silicon Valley Bank, QED Investors, Global Founders Capital, Catalyst Investors, Akamai Technologies, Goldman Sachs, Banco Santander, Searchlight Capital Partners
Total Funding: $400M
Company Description: Based in Santa Clara, California, Netskope is a cloud access security broker. Netskope programs can be used for on-premise and remote data security systems.
Select Investors: Lightspeed Venture Partners, Social Capital, Accel, Dell Technologies Capital, ICONIQ Capital, Sapphire Ventures, Geodesic Capital, Base Partners
46. Pat McGrath Labs
Total Funding: $82M
Company Description: The New York City cosmetics company sells a broad spectrum of makeup products online.
Select Investors: Eurazeo, One Luxury Group
Total Funding: $214M
Company Description: Autonomous vehicle startup Pony.ai operates its U.S. business concerns out of Fremont, California, with additional offices in Beijing and Guangzhou.
Select Investors: Sequoia Capital China, IDG Capital, DCM Ventures, Comcast Ventures, Puhua Capital, Morningside Venture Capital, Polaris Capital Group, Silicon Valley Future Capital
48. Root Insurance
Total Funding: $164M
Company Description: The Columbus, Ohio, company Root Insurance offers personalized car insurance. Quotes are based on the individual consumer’s driving record and behaviors.
Select Investors: Drive Capital, Silicon Valley Bank, Scale Venture Partners, Redpoint Ventures, Ribbit Capital, Tiger Global Management
Total Funding: $165M
Company Description: Sales enablement company Seismic is based in San Diego. Its platform provides sales and marketing teams with access to content that can be used in the sales funnel, as well as document creation tools and other services.
Select Investors: Jackson Square Ventures, JMI Equity, General Atlantic, Lightspeed Venture Partners, T. Rowe Price
Total Funding: $214M
Company Description: Soundhound, based in Santa Clara, California, specializes in conversational intelligence and voice-enabled artificial intelligence. Its technology is used for in-car voice assistants, music discovery, and voice search, among other applications.
Select Investors: Kleiner Perkins Caufield & Byers, Global Catalyst Partners, NVIDIA GPU Ventures, Samsung Catalyst Fund, Tencent Holdings, Orange, Daimler, Hyundai Motor Company
Total Funding: $322M
Company Description: Headquarted in Culver City, California, Sweetgreen is a fast food chain targeting health-conscious consumers. Sweetgreen operates in several cities throughout the US, sourcing products locally.
Select Investors: Red Sea Ventures, T. Rowe Price, Brainchild Holdings, Fidelity Investments
Total Funding: $124M
Company Description: San Francisco-based Talkdesk offers businesses a call center solution. Because it is cloud-based, customers don’t need to invest in their own phones or infrastructure.
Select Investors: Storm Ventures, DFJ, Salesforce Ventures, 500 Accelerator, Viking Global Investors
Total Funding: $235M
Company Description: TripActions is a business travel platform based in Palo Alto, California. It helps business travelers to book flights, rental cars, and hotel reservations.
Select Investors: Lightspeed Venture Partners, Zeev Ventures, Andreessen Horowitz, SGVC
Total Funding: $218M
Company Description: WalkMe, based in San Francisco, helps companies digitize their processes. Offered services include software integration and employee support.
Select Investors: Mangrove Capital Partners, Gemini Israel Ventures, Giza Venture Capital, Scale Venture Partners, Greenspring Associates, Insight Venture Partners
Total Funding: $219M
Company Description: The online recruiting platform ZipRecruiter rounds out the list of 2018 unicorns. The Santa Monica-based company leverages artificial intelligence to match candidates with employers, and also posts job listings to a wide range of online job boards.
Select Investors: Industry Ventures, Institutional Venture Partners, Basepoint Ventures, Wellington Management
This report was created with data from CB Insights’ emerging technology insights platform, which offers clarity into emerging tech and new business strategies through tools like:
- Earnings Transcripts Search Engine & Analytics to get an information edge on competitors’ and incumbents’ strategies
- Patent Analytics to see where innovation is happening next
- Company Mosaic Scores to evaluate startup health, based on our National Science Foundation-backed algorithm
- Business Relationships to quickly see a company’s competitors, partners, and more
- Market Sizing Tools to visualize market growth and spot the next big opportunity