Money Matters

16 Startups That Have Reached ‘Unicorn’ Status in 2018

(Source: www.inc.com)

Amid the tech landscape, “unicorns” are few and far between. Last year, CB Insights tallied the odds of becoming a unicorn — a company valued at $1 billion or more — at under 1%.

But already, within the first few months of 2018, a total of 16 companies have overcome those odds and crossed the billion-dollar-valuation mark. These companies, originally rounded up in a recent report by Pitchbook, are working to transform industries like transportation, medicine, entertainment, data analysis, and farming.

While most of the companies that reached unicorn status are in the US, China was a notable contender with four companies making the list, and Romania celebrated its first unicorn to date — a robotic-automation company called UI Path.

Here’s the full roundup of 2018’s freshly minted unicorns:

More Info: www.inc.com

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