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Emerging Unicorn Board

The Crunchbase Emerging Unicorn Board is a curated list of global private companies that are on the path to achieving unicorn status. Powered by Crunchbase’s comprehensive data, this list is updated as companies reach a valuation of $500 million or more but less than $1 billion.

389

COMPANIES

$71 billion

TOTAL RAISED

$263 billion

TOTAL VALUE

Last updated: 09/12/2024

Company Post Money Value Total Equity Funding Lead Investors Include Country Continent
$986M $237M The Carlyle Group India Asia
$985M $467M General Atlantic United Kingdom Europe
$980M $290M Schroder Adveq India Asia
$977M $252M Sutter Hill Ventures United States North America
$970M $137M Lux Capital United States North America
$965M $171M TDM Growth Partners Canada North America
$965M $317M Blue Earth Capital, Norrsken22 South Africa Africa
$954M $392M THE FUND Limited Partnership Japan Asia
$950M $219M B Capital United States North America
$950M $236M Advent International, Brighton Park Capital United States North America
$941M $222M Hanwha Life South Korea Asia
$935M $187M Sofina Spain Europe
$932M $163M Zhongzhi Enterprise Group China Asia
$910M $145M Lone Pine Capital United States North America
$902M $199M GreenPoint Partners, Taronga Ventures United States North America
$900M $78M CICC China Asia
$900M $419M Claure Group United States North America
$900M $221M Valar Ventures United States North America
$900M $426M Linse Capital United States North America
$900M $197M Amansa Capital, Jungle Ventures India Asia
$900M $194M H.I.G. Growth Partners The Netherlands Europe
$900M $184M Apis Partners India Asia
$900M $207M World Fund Finland Europe
$900M $361M ADM Ventures Israel Asia
$900M $50M Centerbridge Partners United Kingdom Europe
$900M $311M Sienna Capital, SoftBank Vision Fund United States North America
$900M $195M Affinity Equity Partners Indonesia Asia
$900M $70M General Catalyst, Ryan Smith United States North America
$900M $201M HOPU Investment China Asia
$900M $198M SoftBank Vision Fund United States North America
$900M $189M SoftBank Vision Fund United States North America
$900M $194M OMERS Growth Equity, Thomvest Ventures United States North America
$900M $206M Bain Capital Tech Opportunities United States North America
$900M $84M SenseTime China Asia
$900M $0 Blackstone Group United States North America
$900M $130M Azimut Holding Switzerland Europe
$900M $300M Goldman Sachs Asset Management United States North America
$900M $202M Marshall Wace Singapore Asia
$900M $372M Lockheed Martin Ventures United States North America
$900M $223M Brighton Park Capital Israel Asia
$900M $412M WestCap United States North America
$900M $355M Westpac Singapore Asia
$900M $153M Owl Ventures India Asia
$900M $292M Silver Lake Waterman United States North America
$900M $309M Accel United States North America
$900M $409M Kohlberg Kravis Roberts United States North America
$900M $225M United States North America
$897M $153M Bond, Index Ventures The Netherlands Europe
$895M $149M Everbright China Asia
$895M $400M Prosperity7 Ventures Hong Kong Asia
$878M $166M Ilija Batljan Invest Sweden Europe
$875M $104M ĵµ¤Ö±²¥ & Shopping South Korea Asia
$874M $302M Next Tech Fund Spain Europe
$863M $139M Saehan Startup Investment South Korea Asia
$861M $172M National Electric Vehicle Sweden (NEVS) Sweden Europe
$861M $0 Japan Asia
$860M $200M Chelsea Vanguard Fund, Regal Planet Holdings Limited Hong Kong Asia
$858M $272M IDG Capital, Meituan China Asia
$850M $254M Samsung NEXT’s Q Fund United Kingdom Europe
$850M $225M Capital18 India Asia
$850M $471M Shinhan Financial Group Vietnam Asia
$850M $142M Menlo Ventures, Tiger Global Management United States North America
$850M $250M Insight Partners United States North America
$850M $288M General Catalyst United States North America
$850M $220M Permira United Kingdom Europe
$849M $46M A91 Partners India Asia
$842M $216M SEI, SEI | SEI Ventures (NASDAQ: SEIC) United States North America
$842M $71M Castrol India India Asia
$840M $197M BRV Capital Management South Korea Asia
$833M $100M SK Materials United States North America
$830M $111M Access Industries China Asia
$830M $205M Tiger Global Management Indonesia Asia
$827M $365M Periphas Capital United States North America
$825M $108M IVP United States North America
$825M $156M J.P. Morgan Growth Equity Partners United Kingdom Europe
$820M $187M Alteria Capital India Asia
$817M $70M Forest Partners, IBK Capital South Korea Asia
$815M $352M STIC Investment India Asia
$812M $122M IMM Investment South Korea Asia
$810M $159M Baixing Bairong China Asia
$807M $205M Invesco United States North America
$804M $164M SoftBank Vision Fund United States North America
$800M $530M Convivialite Ventures United States North America
$800M $644M SoftBank Vision Fund United States North America
$800M $102M LG Technology Ventures United States North America
$800M $251M Vista Equity Partners United States North America
$800M $102M Elad Gil, General Catalyst United States North America
$800M $229M CPMG, L2 Ventures United States North America
$800M $236M JP Morgan Chase United States North America
$800M $158M Insight Partners, Stripes United States North America
$800M $198M Greybrook Realty Partners United States North America
$800M $126M TCG United States North America
$800M $115M Stripes United States North America
$800M $153M The Westly Group United States North America
$800M $237M ACME Capital, TPG Growth United States North America
$800M $205M 8VC Colombia South America
$800M $135M Cisco Investments United States North America
$800M $220M Intel Capital United States North America
$800M $268M Permira United States North America
$800M $190M Battery Ventures, Norwest Venture Partners United States North America
$800M $200M Novo Holdings, Vivo Capital Singapore Asia
$800M $221M Thoma Bravo United States North America
$800M $160M Norwest Venture Partners United States North America
$800M $161M G Squared United States North America
$800M $140M SoftBank Vision Fund United States North America
$800M $207M Dai-ichi Life United Kingdom Europe
$800M $130M Warburg Pincus China Asia
$800M $35M Multicoin Capital United States North America
$800M $58M Antler United States North America
$800M $231M General Atlantic United States North America
$800M $176M Mubadala Capital Ventures Sweden Europe
$800M $196M Hanaco Venture Capital United States North America
$785M $115M CRV, Insight Partners Canada North America
$785M $330M Mirae Asset Capital South Korea Asia
$780M $215M Valar Ventures Canada North America
$775M $182M Caisse de Depot et Placement du Quebec United States North America
$775M $361M Google India Asia
$773M $194M Altimeter Capital United States North America
$772M $26M Tencent South Korea Asia
$767M $139M Georgian Canada North America
$760M $213M Canapi Ventures United States North America
$760M $0 TPG United States North America
$760M $148M TCV United States North America
$755M $171M Notable Capital United States North America
$751M $29M China Asia
$750M $145M Tiger Global Management United States North America
$750M $115M Abstract Ventures, Fasanara Capital India Asia
$750M $227M Fidelity Canada North America
$750M $125M D1 Capital Partners United States North America
$750M $88M Accel Singapore Asia
$750M $166M General Catalyst United States North America
$750M $132M SoftBank Vision Fund United States North America
$750M $75M L Catterton United States North America
$750M $69M Allen & Company, L Catterton United States North America
$750M $174M Kohlberg Kravis Roberts France Europe
$750M $255M One Peak Israel Asia
$750M $138M Andreessen Horowitz United States North America
$750M $259M Uber Nigeria Africa
$750M $202M GIC, Meritech Capital Partners Singapore Asia
$750M $201M SoftBank Vision Fund The Netherlands Europe
$750M $197M Lightspeed Venture Partners, StepStone Group India Asia
$750M $140M Kora India Asia
$750M $149M Shinhan Financial Group South Korea Asia
$738M $349M Shenzhen Capital Group China Asia
$736M $274M Falcon House Partners, MDI Ventures Indonesia Asia
$735M $205M Andreessen Horowitz, Kleiner Perkins United States North America
$729M $135M Headline Australia Oceania
$728M $245M Spark Capital Australia Oceania
$728M $76M General Atlantic Germany Europe
$726M $181M QJY Capital China Asia
$726M $344M FootPrint Coalition United States North America
$725M $119M Stripe United States North America
$725M $100M RedBird Capital Partners United States North America
$719M $338M Global PayTech Ventures United Kingdom Europe
$719M $23M China Asia
$715M $78M Spark Capital United Kingdom Europe
$715M $149M Digital Turbine South Korea Asia
$714M $526M Partners Group India Asia
$714M $214M NIO China Asia
$712M $132M Jun Lei, Xiaomi China Asia
$711M $32M Sequoia Capital China China Asia
$711M $157M Peak XV Partners India Asia
$710M $2B MEMG Family Office India Asia
$710M $55M Lightrock India Asia
$710M $102M Alven, SaaStr Fund United States North America
$710M $114M General Motors United States North America
$710M $230M Francisco Partners United States North America
$705M $205M Northwell Health United States North America
$704M $54M Seven Seven Six Canada North America
$700M $69M Accel Australia Oceania
$700M $221M Sofina, Temasek Holdings India Asia
$700M $295M Eldridge Industries, JE Dunn Construction United States North America
$700M $48M Main Street Advisors, SC.Holdings United States North America
$700M $200M Invus Opportunities United Kingdom Europe
$700M $329M 5AM Ventures, Gilde Healthcare United States North America
$700M $115M Santander US United States North America
$700M $318M Caspian VC Partners, DP World Group United States North America
$700M $94M SoftBank Vision Fund United States North America
$700M $0 United States North America
$700M $222M Kinnevik United States North America
$700M $134M GS Growth United States North America
$700M $144M LVMH United Kingdom Europe
$700M $130M China Asia
$700M $243M Lazada Group Malaysia Asia
$700M $136M Citi Ventures United Kingdom Europe
$700M $146M Kleiner Perkins, Owl Ventures United States North America
$700M $10M ServiceNow United States North America
$700M $177M Lighthouse Funds India Asia
$690M $43M China Asia
$690M $252M SoftBank Vision Fund United Kingdom Europe
$680M $362M Wiseanya India Asia
$667M $582M Gaja Capital India Asia
$660M $147M STIC Investment South Korea Asia
$660M $227M Wa’ed Ventures South Korea Asia
$651M $380M Affinity Partners Germany Europe
$650M $355M Grosvenor Food & AgTech United States North America
$650M $154M Dragoneer Investment Group, Steadview Capital India Asia
$650M $217M Intact Ventures United States North America
$650M $355M Apax Digital, New Enterprise Associates United States North America
$650M $177M Apax Digital United Kingdom Europe
$650M $90M Andreessen Horowitz United States North America
$640M $149M Dawn Capital Germany Europe
$640M $30M Zoom Norway Europe
$640M $180M General Atlantic United Kingdom Europe
$640M $110M SVB Capital United States North America
$640M $153M SoftBank Vision Fund United States North America
$635M $215M Catalyst, M&G Investments Switzerland Europe
$633M $222M Founders Fund, US Innovative Technology Fund United States North America
$632M $162M CVCC Zhongshi Capital China Asia
$630M $80M Insight Partners, Tiger Global Management United States North America
$625M $180M Vector Capital United States North America
$625M $144M Avenir, Tiger Global Management Kenya Africa
$625M $156M US Innovative Technology Fund United States North America
$623M $162M Trilantic Capital Partners United States North America
$615M $147M Accel United States North America
$610M $163M Janus Henderson Investors United States North America
$607M $286M Tencent China Asia
$605M $111M Visa India Asia
$604M $179M Times Bridge United States North America
$601M $370M Gilead Sciences United States North America
$601M $79M Jungle Ventures India Asia
$601M $0 CCB International China Asia
$600M $187M Tribe Capital India Asia
$600M $175M Vitruvian Partners Germany Europe
$600M $163M Spark Capital United States North America
$600M $516M Apax Digital United Kingdom Europe
$600M $120M Menlo Ventures United States North America
$600M $119M ICONIQ Growth United States North America
$600M $149M Meritech Capital Partners United States North America
$600M $72M Insight Partners, Tiger Global Management United States North America
$600M $7M Romania Europe
$600M $241M Comcast Ventures, Goldman Sachs Investment Partners United States North America
$600M $138M Stripes United States North America
$600M $63M Haun Ventures United States North America
$600M $422M Fifth Wall, Riverwood Capital United States North America
$600M $253M e& South Korea Asia
$600M $473M Blackstone Accelerates Growth United States North America
$600M $155M Tencent United States North America
$600M $0 Accel, TCV United States North America
$600M $140M SoftBank Vision Fund United States North America
$600M $130M Alpha Wave Ventures, Tiger Global Management India Asia
$600M $138M Lakestar, Tiger Global Management Germany Europe
$600M $89M Addition United States North America
$600M $121M Tomales Bay Capital, WestCap India Asia
$600M $281M ShenZhen GTJA Investment Group China Asia
$600M $132M WestCap United States North America
$600M $149M Beams FinTech Fund India Asia
$600M $121M Deer Park Road United States North America
$600M $183M KFC Ventures Singapore Asia
$600M $154M Trustbridge Partners China Asia
$600M $150M Tiger Global Management China Asia
$600M $255M Toloka.vc Germany Europe
$600M $218M China Fellow Partners Singapore Asia
$600M $130M General Catalyst United States North America
$600M $230M Beams FinTech Fund, Eurazeo India Asia
$600M $213M TPG India Asia
$592M $240M Verdane Norway Europe
$590M $167M Andreessen Horowitz United States North America
$590M $236M Alibaba Group, Foxconn Technology Group Japan Asia
$588M $279M Eldridge Industries Canada North America
$583M $139M Korea Development Bank South Korea Asia
$575M $308M 8VC, NewRoad Capital Partners United States North America
$575M $115M Insight Partners United States North America
$575M $580M Cobalt Capital, Dragoneer Investment Group United States North America
$571M $238M Didi China Asia
$571M $173M Microsoft Climate Innovation Fund United States North America
$568M $207M CTC Capital China Asia
$567M $150M Tiger Global Management Germany Europe
$567M $126M Inno-Chip, Longzhu Capital China Asia
$565M $98M SoftBank Vision Fund United States North America
$565M $464M Fidelity United States North America
$563M $128M 8VC, Mubadala Capital Ventures United States North America
$562M $253M Highland Europe United Kingdom Europe
$562M $81M China Asia
$560M $180M Greylock United Kingdom Europe
$552M $77M Sequoia Capital United States North America
$550M $68M Pace Capital United States North America
$550M $414M Eight Roads Ventures United States North America
$550M $150M Daniel Gross, Nabeel Hyatt United States North America
$550M $131M March Capital United States North America
$550M $123M Declaration Partners, Kinnevik United States North America
$550M $100M OpenAI United States North America
$550M $185M Ribbit Capital United States North America
$550M $188M Lux Capital United States North America
$550M $151M Bain Capital Tech Opportunities Canada North America
$550M $95M Fubon Financial Holdings United States North America
$550M $113M Stripes United States North America
$550M $170M Andreessen Horowitz United States North America
$550M $71M Bessemer Venture Partners United States North America
$550M $50M GGV Capital, Tiger Global Management China Asia
$550M $159M ICONIQ Growth United States North America
$550M $82M United States North America
$550M $165M Vy Capital India Asia
$546M $161M DST Global Brazil South America
$545M $55M MUFG Bank Japan Asia
$543M $103M Crescera Investimentos (f/k/a Bozano Investimentos), Vulcan Capital Brazil South America
$540M $103M 10T Holdings Canada North America
$533M $123M Swiss Re India Asia
$530M $160M Samsung Electronics United States North America
$529M $104M Sky Lake Investment South Korea Asia
$523M $26M Evolution Financial Japan Asia
$520M $48M The General Partnership United States North America
$520M $94M GIC United States North America
$520M $216M Peak XV Partners India Asia
$519M $137M Alpha Wave Global India Asia
$518M $214M Astanor Ventures, HH-CTBC Partnership United States North America
$518M $622M Emerson Collective, Minden United Kingdom Europe
$515M $59M Eicher Motors Limited Spain Europe
$514M $198M Eldridge Industries Canada North America
$514M $6M Estonia Europe
$510M $935M Uber United States North America
$507M $171M Nekkanti Sea Foods India Asia
$506M $126M Lightspeed Venture Partners United States North America
$501M $139M Sofina United Kingdom Europe
$501M $111M Tencent South Korea Asia
$500M $301M Andreessen Horowitz United States North America
$500M $25M United States North America
$500M $108M IVP Hungary Europe
$500M $150M M&G Investments United Kingdom Europe
$500M $132M Tiger Global Management, Vitruvian Partners India Asia
$500M $349M The Raine Group United States North America
$500M $146M Forrestal Capital United States North America
$500M $103M Susquehanna Growth Equity United States North America
$500M $144M Visa United States North America
$500M $205M Advent International United States North America
$500M $147M Innovation Endeavors United States North America
$500M $102M General Atlantic Israel Asia
$500M $109M General Catalyst United Kingdom Europe
$500M $124M Fin Capital United States North America
$500M $234M Georgian Canada North America
$500M $70M Dawn Capital, Goldman Sachs United Kingdom Europe
$500M $121M Tiger Global Management Singapore Asia
$500M $101M Coatue United States North America
$500M $90M SoftBank Vision Fund United States North America
$500M $141M One Peak Israel Asia
$500M $376M Warburg Pincus United States North America
$500M $152M TCV Germany Europe
$500M $108M Sequoia Capital Switzerland Europe
$500M $124M Brookfield Growth United States North America
$500M $63M SignalFire United States North America
$500M $116M Surge India Asia
$500M $219M Grok Ventures, IPGL Isle of Man Europe
$500M $120M ICONIQ Growth United States North America
$500M $218M PSG Equity Israel Asia
$500M $81M Bell Ventures United States North America
$500M $131M Durable Capital Partners United States North America
$500M $47M Tiger Global Management Israel Asia
$500M $81M Translink Capital United States North America
$500M $45M Boubyan Petrochemical Company Kuwait Asia
$500M $108M Porsche Ventures Switzerland Europe
$500M $61M Bezos Expeditions, Ribbit Capital Brazil South America
$500M $97M Salem Investment Partners United States North America
$500M $85M Solana Ventures, VanEck United States North America
$500M $100M CRV, Highland Europe Israel Asia
$500M $360M BPEA EQT China Asia
$500M $139M 5Y Capital, Meituan China Asia
$500M $85M Elad Gil, Electric Capital United States North America
$500M $202M Source Code Capital China Asia
$500M $150M DFJ Growth United States North America
$500M $73M GSV Ventures United States North America
$500M $92M Target Global, Valar Ventures Nigeria Africa
$500M $171M Bregal Milestone, Level Equity Management Germany Europe
$500M $313M Abu Dhabi Investment Office (ADIO) United States North America
$500M $118M Rocketship.vc, Vulcan Capital India Asia
$500M $189M L Catterton United States North America
$500M $223M Kleiner Perkins, Paradigm Bahrain Asia
$500M $215M Counterpoint Global, Liberty Media United States North America
$500M $70M Andreessen Horowitz, Richmond Global Ventures United States North America
$500M $119M Greenoaks France Europe
$500M $30M Polychain United States North America
$500M $102M China Asia
$500M $27M NEAR Singapore Asia
$500M $272M Explorer 1 Fund United States North America
$500M $408M Penske Media Corporation United States North America
$500M $32M Polychain, Qiming Venture Partners United States North America
$500M $126M ICONIQ Growth United States North America
$500M $110M Insight Partners United States North America
$500M $100M Index Ventures United States North America
$500M $74M Buckley Ventures United States North America
$500M $69M Benchmark United States North America
$500M $125M Matrix United States North America
$500M $62M Aglaé Ventures, Balderton Capital France Europe
$500M $116M Georgian United Kingdom Europe
$500M $77M Notable Capital United States North America
$500M $118M General Catalyst, PremjiInvest United States North America
$500M $140M General Catalyst United States North America
$500M $151M Celesta Capital, Mayfield Fund United States North America
$466M $307M IIFL Finance, Malabar Investment Advisors India Asia
$0 $0 United States North America

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Emerging unicorn data is available to download for Crunchbase Pro users.

Methodology

The curated Emerging Unicorn Board includes private companies with known valuations of $500 million or more but less than $1 billion, based on Crunchbase data. The list is updated whenever a new company reaches that valuation range or there is a change in valuation for a company already on the leaderboard. Companies that are subsequently valued at more than $1 billion will be removed from the board and promoted to The Crunchbase Unicorn Board. Companies that exit will also be removed from the Emerging Unicorn Board.Ìý

We’re working to make the Emerging Unicorn Board a comprehensive resource for you to gain deeper insights into the companies that are likely to be the next unicorn companies. If you notice we’re missing companies and believe they should be added to this list, contact us at support@crunchbase.com.

Frequently Asked Questions

What is an emerging unicorn?

An emerging unicorn is a high-growth startup that is on the brink of achieving unicorn status by reaching a valuation of $500 million or more but less than $1 billion in a private company financing. A few examples of current emerging unicorns that could become the next tech unicorns include , , and . These potential future unicorns have found product market fit, have a scalable product or service, and have raised millions of dollars in venture capital.

How does a startup become an emerging unicorn?

A startup becomes an emerging unicorn by earning a valuation above $500 million but less than $1 billion. A startup achieves this status by first demonstrating its ability to provide value in the form of a product or service that attracts paying customers or users at scale. This traction attracts investors who want to invest in the company based on the belief that its offering has a big enough market to provide a sizable return should there be an exit event, such as an IPO. As the startup raises capital and grows key success metrics, such as annual recurring revenue, its valuation increases and it moves closer to becoming one of the next unicorn startups.

What are examples of companies that became unicorns after being featured on the Emerging Unicorn Board?

Examples of companies that became unicorns after being featured on the Emerging Unicon Board include , , and .

How do I notify Crunchbase of a company that’s missing from this list?

If you know of a private company that is valued above $500 million but less than $1 billion, please reach out to support@crunchbase.com with the relevant funding round and valuation data. Once this data is verified by our analysts, we will add the company to the board. For press inquiries, please reach out to press@crunchbase.com.Ìý

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