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CEOWORLD magazine - Latest - Special Reports - Ranked: Most Successful Unicorn Startups For 2024

Special Reports

Ranked: Most Successful Unicorn Startups For 2024

Unicorn Startups

In 2023, the startup landscape experienced a whirlwind of activity as investors poured capital into emerging businesses. A unicorn company refers to a privately held firm with a valuation exceeding $1 billion. As of May 2024, the global count of unicorns has surpassed 1,200. Among the most prominent unicorns are OpenAI, SpaceX, ByteDance (the parent company of TikTok, valued at $225 billion), and Stripe (valued at $65 billion). CEOWORLD magazine has revealed the most successful unicorn startups for 2024. The Index analyzed a list of over 1,220 unicorn startups against their valuation, public perception of the company, growth score, and number of employees.

ByteDance, the owner of TikTok, has been ranked as the number one most successful unicorn startup for 2024, with an impressive valuation of $225 billion, making it the highest-valued startup on the list. With approximately 150,000 employees, ByteDance has surpassed SpaceX, holding second position. In third place is OpenA, the developer of ChatGPT, with a valuation of $80 billion, despite having the lowest number of employees among the top 10. SHEIN, an online fast fashion retailer with over 100,000 employees, is ranked fourth on the list with a valuation of $66 billion.

Most Successful Unicorn Startups For 2024

RankCompanyIndustryValuation (US$billion)Date JoinedCountryCityInvestors
1ByteDanceMedia & Entertainment22510/18/2018ChinaNanjingU.S.-China Green Fund, Founder H Fund, Richland Equities
2SpaceXIndustrials15011/15/2018United StatesSan FranciscoCaffeinated Capital, CRV, Founder Collective
3OpenAIEnterprise Tech8011/7/2021United StatesMountain ViewNexus Venture Partners, Transamerica Ventures, Crane Venture Partners
4SHEINConsumer & Retail664/13/2021United StatesPleasantonSignal Peak Ventures, Owl Ventures, Jump Capital
5StripeFinancial Services651/13/2021United StatesSan FranciscoAccel, Silversmith Capital Partners, capitalG
6DatabricksEnterprise Tech434/7/2022GermanyBerlinVarengold Bank, Circularity Capital, Coparion
7RevolutFinancial Services333/7/2022United StatesNew YorkPolychain Capital, Paradigm, Ribbit Capital
8FanaticsConsumer & Retail312/7/2022IndiaPuneKalaari Capital, Norwest Venture Partners, Prosus Ventures
9CanvaEnterprise Tech25.44/15/2019ChinaShanghaiAutomobile Industry Guidance Fund
10ChimeFinancial Services253/6/2015ChinaShenzhen5Y Capital, Matrix Partners China, K2VC
11Epic GamesMedia & Entertainment22.51/25/2022IndiaHyderabadLightspeed India Partners, Sequoia Capital India, Endiya Partners
12XiaohongshuMedia & Entertainment205/26/2021United StatesSanta ClaraCrosslink Capital, Meritech Capital Partners, Lightspeed Venture Partners
13MiroEnterprise Tech17.53/3/2021United StatesDenverAlta Partners, Questa Capital, Echo Health Ventures
14AnthropicEnterprise Tech16.054/7/2017ChinaBeijingSequoia Capital China, SIG Asia Investments, Sina Weibo, SoftBank Group
15YuanfudaoConsumer & Retail15.58/26/2020United StatesSouth San FranciscoAndreessen Horowitz, Data Collective, Roche Venture Fund
16DiscordMedia & Entertainment159/2/2021Hong KongHong KongAndreessen Horowitz, DST Global, IDG Capital
17DJI InnovationsIndustrials1510/11/2020IndiaBengaluruSequoia Capital India, Tiger Global Management, Matrix Partners India
18GopuffConsumer & Retail156/9/2022NetherlandsAmsterdamMotive Partners
19RippleFinancial Services156/30/2020United StatesOaklandMatrix Partners, Andreessen Horowitz, General Catalyst
20Yuanqi SenlinConsumer & Retail153/15/2021United StatesSouth San FranciscoForesite Capital, ARCH Venture Partners, Third Rock Ventures
21PlaidFinancial Services13.53/22/2022United StatesNew YorkSequoia Capital, Index Ventures, S Capital
22OpenSeaMedia & Entertainment13.37/8/2021United StatesMountain ViewGreylock Partners, General Catalyst, Khosla Ventures
23CelonisEnterprise Tech137/12/2021ChinaShanghaiQiming Venture Partners, Vivo Capital, Sequoia Capital China
24GrammarlyMedia & Entertainment138/23/2021NigeriaLagosSequoia Capital China, Source Code Capital, Redpoint Ventures China
25Devoted HealthHealthcare & Life Sciences12.96/23/2021GreeceAthensFTV Capital
26FaireConsumer & Retail12.591/24/2020IndiaNoidaSequoia Capital India, Temasek, PayPal Ventures
27BrexEnterprise Tech12.37/18/2018ChinaHangzhouQiming Venture Partners, China Broadband Capital, CDH Investments
28Bitmain TechnologiesEnterprise Tech124/9/2018ChinaChengduJD.com, Baidu, Vision Plus Capital
29DeelEnterprise Tech126/26/2018GermanyMunichAccel, 83North
30GoodLeapFinancial Services1210/8/2020NetherlandsAmsterdamY Combinator, Atomico, Accel
31JUUL LabsConsumer & Retail124/7/2021United StatesAmblerSierra Ventures, AXA Venture Partners, Sigma Prime Ventures
32Xingsheng SelectedConsumer & Retail126/13/2022United StatesSarasotaAF Ventures, Siddhi Capital, SC.Holdings
33AirtableEnterprise Tech11.710/21/2021BrazilSao PauloValor Capital Group, Lightrock, Softbank Group
34BYJU'sConsumer & Retail11.54/20/2018ChinaNanjingFAW Group, Tencent Holdings, Tus Holdings
35ZongMu TechnologyIndustrials11.43/26/2024UzbekistanTashkentFinSight Ventures
36RipplingEnterprise Tech11.258/10/2021United StatesOaklandUncork Capital, Threshold Ventures, Bloomberg Beta
37Global SwitchEnterprise Tech11.17/12/2021MalaysiaSelangorGobi Partners, 500 Startups, Ondine Capital
38BoltFinancial Services1110/25/2019ChinaHangzhouGGV Capital, IDG Capital, Linear Venture
39Checkout.comFinancial Services113/16/2018ChinaShenzhenBaidu, Tencent Holdings
40AlchemyEnterprise Tech10.25/2/2023CanadaTorontoIndex Ventures, Salesforce Ventures, Section 32
41ChehaoduoConsumer & Retail106/23/2022ChinaShenzhenTencent Holdings, Glory Ventures, Shenzhen Capital Group
42Digital Currency GroupFinancial Services1011/8/2017Hong KongHong KongSequoia Capital China, ING, Alibaba Entrepreneurs Fund
43GustoFinancial Services106/21/2021SingaporeSingaporeTiger Global Management, Tiger Brokers, DCM Ventures
44HuolalaIndustrials108/22/2019SwitzerlandZurichInvestment Corporation of Dubai, Centralway
45KuCoinFinancial Services1011/17/2021United StatesBellinghamGoldman Sachs Asset Management, 3L
46NotionEnterprise Tech107/21/2021United StatesLos AngelesPolaris Partners, Insight Partners, Norwest Venture Partners
47TalkdeskEnterprise Tech103/23/2021United StatesSan FranciscoKhosla Ventures, Thrive Capital, Y Combinator
48WizEnterprise Tech104/6/2021United StatesSan MateoFundersClub, Y Combinator, Tiger Global Management
49ServiceTitanIndustrials9.510/8/2020United StatesPhiladelphiaAccel, SoftBank Group, Anthos Capital
50HEYTEAConsumer & Retail9.289/9/2015South KoreaSeoulIMM Investment, NXC
51N26Financial Services9.239/11/2019United StatesIrvineAndreessen Horowitz, Founders Fund, Revolution Ventures
52NavanEnterprise Tech9.25/19/2023United StatesIrvineBessemer Venture Partners
53VAST DataEnterprise Tech9.12/11/2021United StatesSan FranciscoKleiner Perkins Caufield & Byers, Afore Capital, Founders Fund
54NorthvoltIndustrials9.083/3/2022United StatesLos AngelesBenchmark, Sequoia Capital, TPG Capital
55NianticMedia & Entertainment99/16/2020United StatesLong BeachNovator Partners, True, Causeway Media Partners
56OYO RoomsConsumer & Retail93/25/2021United StatesNew YorkLightspeed Venture Partners, Lead Edge Capital, Coatue Management
57TaniumEnterprise Tech94/23/2019United StatesSan FranciscoGoogle Ventures, Index Ventures, Scale Venture Partners
58GetirConsumer & Retail8.89/8/2021JapanTsuruokaCool Japan Fund, JAFCO, The Carlyle Group
59RapydFinancial Services8.757/16/2018United StatesNew YorkOne Luxury Group, Eurazeo
60KavakIndustrials8.79/13/2021United StatesAtlantaDynamo VC, Susa Ventures, Founders Fund
61ChainalysisFinancial Services8.65/11/2016ChinaShenzhenAlibaba Pictures Group
62NuroIndustrials8.69/16/2021United StatesMarina del ReyY Combinator, Andreessen Horowitz, Wonder Ventures
63Pony.aiIndustrials8.61/28/2020United StatesNew YorkIndex Ventures, Thrive Capital, Bain Capital Ventures
64PersonioEnterprise Tech8.511/22/2021United StatesNew YorkKhosla Ventures, Green Innovations, Founders Fund
65SumUpFinancial Services8.51/14/2021United StatesSan FranciscoMenlo Ventures, Alkeon Capital Management, Citi Ventures
66AndurilIndustrials8.487/26/2021ChileSantiagoKaszek Ventures, SOSV, Tiger Global Management
67BoltIndustrials8.41/17/2018ChinaHangzhouPeople Electrical Appliance Group China, Zhongrong International Trust
68LaceworkEnterprise Tech8.34/21/2022United StatesBerkeleyBattery Ventures, Adams Street Partners, Coatue Management
69TipaltiEnterprise Tech8.310/21/2019United StatesSan FranciscoNew Enterprise Associates, Greylock Partners, Andreessen Horowitz
70TempusHealthcare & Life Sciences8.15/4/2021United StatesSan FranciscoNorwest Venture Partners, Hillsven Capital, Aleph
71Dream11Media & Entertainment84/5/2021IndiaBengaluruVenture Highway, Sequoia Capital India, Prosus Ventures
72FalconXFinancial Services82/7/2020IndiaPuneSoftBank Group, SAIF Partners India, Valiant Capital Partners
73FireblocksFinancial Services81/1/2017IndonesiaJakartaGlobal Founders Capital, East Ventures, Expedia Inc.
74FlexportIndustrials86/7/2021IrelandDublinOptum Ventures, Qiming Venture Partners, Transformation Capital
75StarkWareEnterprise Tech86/11/2020United StatesSan FranciscoNexus Venture Partners, CRV, Insight Partners
76SwiggyConsumer & Retail85/22/2020United StatesSan FranciscoAndreessen Horowitz, IA Ventures, Felicis Ventures
77CarisHealthcare & Life Sciences7.831/5/2021ChinaShanghaiTencent Holdings, Delta Capital, Redpoint Ventures China
78RampEnterprise Tech7.655/15/2023United StatesNew York
79Dapper LabsMedia & Entertainment7.612/9/2021GermanyBerlinCherry Ventures, Felix Capital, 83North
80AutomatticMedia & Entertainment7.57/19/2018ChinaBeijingQiming Venture Partners, China Internet Investment Fund, Qualcomm Ventures
81NetskopeEnterprise Tech7.53/11/2021United StatesJersey CityConsenSys Ventures, Valar Ventures, PUC
82OlaIndustrials7.511/4/2021United StatesMiamiInitialized Capital, Canaan Partners, Sound Ventures
83RazorpayFinancial Services7.54/20/2021United StatesNew YorkPantera Capital, Cadenza Ventures, BlockTower Capital
84CartaFinancial Services7.410/29/2015ChinaShanghaiChina Minsheng Investment, Baidu, Wanxin Media
85SnykEnterprise Tech7.42/5/2019United StatesSan FranciscoAndreessen Horowitz, New Enterprise Associates, Battery Ventures
86Scale AIEnterprise Tech7.35/9/2022United StatesPalo AltoNew Enterprise Associates, Matrix Partmers, Susa Ventures
87GongEnterprise Tech7.251/6/2021NetherlandsAmsterdamRuna Capital, Acton Capital Partners, Point Nine Capital
88GeminiFinancial Services7.15/24/2023JapanTokyoMirai Creation Fund
89Blockchain.comFinancial Services712/23/2020ChinaGuangzhouAtop Capital, IDInvest Partners, Qiming Venture Partners
90ConsenSysEnterprise Tech712/8/2022FranceParisWeber Investissements, Schibsted Growth
91RoHealthcare & Life Sciences73/10/2020United StatesOaklandK9 Ventures, Menlo Ventures, Andreessen Horowitz
92TossFinancial Services75/12/2021United StatesSan FranciscoIris Capital, Accel, Elaia Partners
93We DoctorHealthcare & Life Sciences76/11/2018United StatesSan JoseSoftBank Group, Sequoia Capital, Wing Venture Capital
941PasswordEnterprise Tech6.87/29/2021AustraliaRichmondFelicis Ventures, Index Ventures, Blackbird Ventures
95Automation AnywhereEnterprise Tech6.810/17/2017ChinaBeijingPhoenix New Media, Tianjin Haihe Industry Fund
96KlarnaFinancial Services6.712/3/2020United StatesAustinHighland Capital Partners, Next Coast Ventures, SoGal Ventures
97ZiroomConsumer & Retail6.65/17/2023United StatesWoburnSafar Partners, WAVE Equity Partners, Cranberry Capital
98SVOLTIndustrials6.515/12/2021United StatesSan FranciscoKleiner Perkins Caufield & Byers, Lightspeed Venture Partners, True Ventures
99MollieFinancial Services6.510/20/2021United StatesEncinitasSignalFire, GLP Capital Partners, Google Ventures
100National Stock Exchange of IndiaFinancial Services6.55/4/2021United StatesIrvineMeritech Capital Partners, Tiger Global Management, Spectrum Equity

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CEOWORLD magazine - Latest - Special Reports - Ranked: Most Successful Unicorn Startups For 2024
Despina Wilson
I am a senior editor and data journalist at CEOWORLD magazine. My job involves using infographics to report on news topics related to business and policy, with a global perspective. I hold a master's degree in journalism and have worked for newspapers and reporting projects in both the US and the UK, giving me a unique transatlantic perspective. I believe that data can enhance coverage of all news topics. As a contributor, I plan cover a wide range of issues, such as gender equality, climate change, labor, and immigration, using relevant statistics and insightful visualizations.

Email: despina@ceoworld.biz