47 red-hot tech startups that turned value billions this yr

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GettyImages 972799818

When Instagram offered to Fb for $1 billion in 2013, it felt like an enormous sum of cash. 

5 years later, we appear to be numb to the billion-dollar acquisitions and valuations round us. WhatsApp was acquired for $19 billion. Uber is valued at $72 billion. 

But, to construct a billion-dollar firm from scratch continues to be an extremely troublesome feat. Final yr, CB Insights reported that the chances of turning into a unicorn — an organization valued at $1 billion or extra — was lower than 1% for firms that had raised enterprise capital. 

In 2018, there have been 47 tech firms within the US to achieve this unicorn standing, in accordance with knowledge offered by PitchBook. 

Others had been included in PitchBook’s record, just like the make-up firm Pat McGrath Labs, the flamboyant healthcare supplier One Medical, and the publicly traded weed dispensary firm MedMen. There have been additionally worldwide firms. For our record, we chosen US firms with expertise on the core of their enterprise.

Listed here are the 47 US tech firms that reached unicorn standing in 2018: 

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47. ThoughtSpot

What it does: Search and AI-based analytics

What it is value now: $1 billion

12 months based: 2012



46. WalkMe

What it does: Guides customers to navigate web sites and apps extra effectively

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What it is value now: $1 billion

12 months based: 2011



45. Seismic

What it does: Software program for gross sales workforce productiveness 

What it is value now: $1 billion

12 months based: 2010



See the remainder of the story at Enterprise Insider

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