Pitchbook is out with their most recent list of the 20 most valuable venture capital-backed companies in the U.S. We will take a look at which companies show up on the list.
The Top 5
The following is the top 5 most valuable companies backed by venture capital funding in the U.S. Interesting, even after all the strife Uber has been through, Uber tops the list at a valuation of about $69.6 billion. The eight-year old company was founded in San Francisco and its most recent round of financing netted $1.3 billion.
Switching ride sharing for home sharing, in second place Airbnb’s most recent estimated value is an amazing $31 billion. The company, founded in 2008, recently went through a $1 billion financing round in March 2017.
In third place is Wework, a New York-based shared workplace business. The company last went through a financing round of $4.4 billion in August 2017, which valued a company at $21 billion.
In fourth place is Spacex. The Hawthorne, California-based company is worth an estimated $20.8 billion, having recently gone through a $450 million financing round in November 2017.
In fifth place is Palantir, the secretive big data platform used by governments and big business. Palantir is worth an estimated $20.5 billion after going through an $880 million financing round in January 2016.
Source: Pitchbook
Ranks 6 – 10
The next five most valuable venture capital-backed companies are as follows.
Number 6 is Pinterest. The San Francisco-based company, founded in 2010, recently went through a $150 million financing round in June 2017 that valued the company at $12.3 billion.
In seventh place is Samumed, a company engaged in small molecule drug development. The San Diego-based company, founded in 2008, has a value of $12 billion based upon a $100 million financing round in January 2016.
Following in eighth place is Lyft. Another ride-sharing company and chief competitor to top-ranked Uber, is worth an estimated $11.7 billion based upon a $1.7 billion financing round in March 2018.
In ninth place is Stripe. The San Francisco-based company is worth an estimated $9.2 billion, based upon a November 2016 $150 million financing round.
Rounding out the top 10 is the biotechnology company, Moderna. Based in Cambridge, Massachusetts, they recently went through a $500 million financing round in February 2018 that valued the company at $7 billion.
Source: Pitchbook
Ranks 11-20
Among the remaining top 20: Magic Leap ($6.4 billion), Vice ($5.7 billion), Slack ($5.1 billion), MachineZone ($5 billion), SoFi ($4.4 billion), Instacart ($4.2 billion), Intarcia ($4.1 billion), Houzz ($4 billion), Wish ($4 billion), and Tanium ($3.6 billion). The figure below lists the others.
Source: Pitchbook
Conclusion
In a review of Pitchbook’s most recent accounting of the top 20 most valuable venture capital-backed startups, the list include some very well-knows names in the business and retail world, including Uber, Lyft, Airbnb, Instacart, and 16 others. Overall, the entire value of these 20 companies sums to an astounding $262 billion. The world of venture capital-backed startups is alive and well.
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