50 startups with most chances of becoming unicorns

Last month, we published our annual list of top unicorn startups for 2019. The list was compiled based on publicly available startup data from Linkedin, Bloomberg, Crunchbase, and most importantly from research analytics firm, CB Insights. Now, CB Insights has teamed up with The New York Times to predict high-momentum startups. The two companies have put together a list of 50 future unicorns for 2019.

Why does it matter?: Their approach is based on similar analysis they used back in 2015 version of the list, of which 48% of their predictions have become unicorns.

Below is a list of companies they think will eventually be valued at $1 billion or more.

Source: CB Insights

Click on any of the columns to sort.

Methodology

To identify companies, they used their Mosaic algorithm, a metric that combines a company’s financial health, the amount of traction it has, and the strength of its market.

Here are some key points about our 2019 list:

• Industry agnostic: No single industry dominates the list, with startups tackling everything from HR tech to payments to pharmacies. The two most common areas were Accounting & Finance software and Business Intelligence tools.
• More international geographies represented: Of the 50 future unicorns on the list, 5 are based in India, 4 are in China, 3 are in Latin America, 3 are in Europe, and 2 are in Australia.
• The median company on our list has $111.4M in total funding and has raised a Series C.
• The US hosts the most future unicorns: The majority of companies on our list (66%) are from the United States. Other geographies with a substantial presence on the list are India (10%), China (8%), and Brazil (4%).
• US states represented the most: California (22), New York (5), and Massachusetts (2). Other states represented include Washington, Kansas, Georgia, and DC, which are each home to one future unicorn on the list.