List of ‘Unicorns’ With Billion-Dollar Valuations Climbs to 108

cash, folding money,

What’s worth $1 billion? Drones, HR benefits software, and the offerings of 106 other private companies worldwide who have “unicorn” valuations, according to a private business data provider CB Insights.

The New York-based company has created a real-time unicorn tracker to keep record of the number of startups that received $1 billion or higher valuations worldwide. Chinese drone maker DJI was the most recent entrant to the group after it raised $75 million from Accel Partners on May 6 for an $8 billion estimated value.

In total, 15 companies reached the $1 billion mark between mid-April and mid-May, according to CB Insights. For all of 2015, 29 companies have become unicorns, already nearing the total number—38—that reached that status in 2014.

The company had planned to merely produce a research brief about the number of “unicorn” companies, but a few more had already received high valuations by the time CB Insights had finished, co-founder and CEO Anand Sanwal wrote in an e-mail. “It’s become almost a joke internally about how many new unicorns we’ll track per day,” he wrote.

Car-service provider Uber and Chinese electronics company Xiaomi are the two highest-valued private companies in the world, with $41 billion and $46 billion valuations, respectively. Others include mobile-based delivery service Instacart ($2 billion valuation), HR software Zenefits ($4.5 billion), and peer-to-peer lender Prosper Marketplace ($1.9 billion), according to CB Insights.

Back in Febraury, The Wall Street Journal published a database of its own, which included 73 companies that had $1 billion valuations. That was up from 40 a year earlier.

Author: David Holley

David is the national correspondent at Xconomy. He has spent most of his career covering business of every kind, from breweries in Oregon to investment banks in New York. A native of the Pacific Northwest, David started his career reporting at weekly and daily newspapers, covering murder trials, city council meetings, the expanding startup tech industry in the region, and everything between. He left the West Coast to pursue business journalism in New York, first writing about biotech and then private equity at The Deal. After a stint at Bloomberg News writing about high-yield bonds and leveraged loans, David relocated from New York to Austin, TX. He graduated from Portland State University.