REUTERS/Ronen Zvulun
- Uber, Slack, and the We Company are among some of the most valuable private startups in the US.
- Major VC investments in the past year have shaken up the list, with video gaming and cryptocurrency startups entering the rankings.
- Using data from PitchBook, we’ve compiled a list of the 27 startups in the US with the highest valuations.
Tech companies are continuing to garner major investments from venture capitalists.
Major tech startups like Uber, Airbnb, and SpaceX are among the most highly valued private companies, PitchBook reports. But recent major investments into burgeoning tech startups — including Juul and Pokemon Go-creator Niantic — have brought new players into the spotlight. At this point, there are almost too many billion-dollar startups to count.
Uber’s $72 billion valuation solidifies the company’s spot at the top. However, the ride-hailing platform plans to go public this year, so the No. 1 spot will soon be up for grabs. Other companies in the rankings, including Slack and Lyft, are rumored to soon file for IPOs, so the standings could change soon.
Here are the 27 most valuable VC-backed startups in the US:
(tied) 24. Credit Karma — $4.0 billion
Credit Karma
Company role: Platform for consumer finance and free credit score reports
Founded: 2007
Latest investment amount: $175 million (June 2015)
Read more about Credit Karma on PitchBook.
(tied) 24. Wish — $4.0 billion
Screenshots
Company role: Digital shopping app for items directly from suppliers
Founded: 2010
Latest investment amount: $500 million (May 2017)
Read more about Wish on PitchBook.
(tied) 24. Houzz — $4.0 billion
Kimberley Bryan / Houzz
Company role: Platform for home remodeling and design
Founded: 2009
Latest investment amount: $400 million (June 2017)
Read more about Houzz on PitchBook.
See the rest of the story at Business Insider
See Also:
- These 10 well-paying tech jobs are perfect for people without a tech background
- There’s an easy way to make your iPhone screen even dimmer than its lowest brightness setting, and it’s perfect for reading at night
- I waited nearly 13 years for ‘Kingdom Hearts 3’ and it’s everything I expected – for better and for worse
SEE ALSO: 12 startups that failed this year and took $1.4 billion in VC funding with them
Source: Business Insider