Enterprise

These 9 startups you've never heard of could be worth $1 billion very soon

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Unicorn
courtesy of NYC Taxi Drivers 2014 Beefcake Calendar

With more than 100 startups valued at $1 billion or more, the term "unicorn" — given to startups worth more than $1 billion — has lost some of its aura.

But a $1 billion valuation is still a huge milestone for any startup.

Pitchbook, a private-equity and venture-capital research firm, analyzed various patterns and other data to identify the next nine startups expected to reach the $1 billion threshold.

They may not all be household names, but they could become the next unicorns.

1) Weebly — A web-hosting service with more than 25 million users

Screen Shot 2015 06 11 at 4.55.26 PM
Weebly

- Latest valuation: $490 million

- Latest financing: $35 million (Series C; April 2014)

- Lead investors: Sequoia Capital, Tencent Holdings

- Year founded: 2007

2) Remind — An app that helps teachers keep in touch with students and parents

Remind cofounders David and Brett Kopf
Remind cofounders David and Brett Kopf. Remind

- Latest valuation: $460.8 million

- Latest financing: $40 million (Series C; September 2014)

- Lead investors: First Round Capital, Kleiner Perkins

- Year founded: 2009

3) Moovit — An app that gives real-time public-transit information

zurich public transportation cost expensive
Wikimedia Commons

- Latest valuation: $450 million

- Latest financing: $50 million (Series C; December 2014)

- Lead investors: Sequoia Capital

- Year founded: 2011

4) Skyhigh Networks — Security software that helps you find what apps and services your employees are using

Skyhigh Networks Rajiv Gupta
Skyhigh Networks CEO Rajiv Gupta. Skyhigh Networks

- Latest valuation: $478.5 million

- Latest financing: $40 million (Series C; June 2014)

- Lead investors: Sequoia Capital, Greylock Partners

- Year founded: 2012

5) Sprig — Food-delivery app founded by former Google executive chef

nate keller, gagan biyani, sprig, sv100 2015
Sprig's executive chef, Nate Keller, and CEO, Gagan Biyani. Sprig/Photo by Peter Samuels

- Latest valuation: $168.6 million

- Latest financing: $45 million (Series B; April 2015)

- Lead investors: Accel Partners, Greylock Partners

- Year founded: 2013

6) Deliveroo — UK food-delivery app that lets restaurants take online orders

Deliveroo
Index Ventures

- Latest valuation: $100 million

- Latest financing: $25 million (Series B; January 2015)

- Lead investors: Accel Partners, Index Ventures

- Year founded: 2012

7) Databricks — Software that can process huge amounts of data, using a popular framework called Apache Spark

man on laptop at data center
Flickr/Leonardo Rizzi

- Latest valuation: $247.5 million

- Latest financing: $33.4 million (Series B; July 2014)

- Lead investors: Andreessen Horowitz, New Enterprise Associates

- Year founded: 2013

8) Realm — Mobile database that helps developers make apps faster

man using iphone
Justin Sullivan/Getty Images

- Latest valuation: $76.9 million

- Latest financing: $20 million (Series B; March 2015)

- Lead investors: Andreessen Horowitz, Greylock Partners, Khosla Ventures

- Year founded: 2011

9) Altiscale — Service that helps process large chunks of data using a framework called Hadoop

New Facebook datacenter in Prineville

- Latest valuation: $106 million

- Latest financing: $30 million (Series B; December 2014)

- Lead investors: Accel Partners, Sequoia Capital

- Year founded: 2011

Now that you've seen the next unicorns ...

dive lake
woodypine/flickr

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Eugene Kim
Eugene is Business Insider’s Chief Tech Correspondent, where he leads coverage of Amazon. His reporting spans the company’s retail and logistics operations to AWS, Alexa, and its internal culture.Previously, he worked at CNBC, Fortune Magazine Korea, and Japan's Yomiuri Shimbun. He holds degrees from NYU and Columbia University’s Graduate School of Journalism.In 2022, Eugene reported on internal documents indicating that Amazon allegedly used deceptive tactics to enroll customers in Prime and made cancellation difficult. The Federal Trade Commission sued Amazon the following year, citing his reporting. The case ended in a record $2.5 billion settlement in 2025.His work has received multiple honors, including the SF Press Club’s Bay Area Journalism Award and SPJ NorCal’s Excellence in Journalism Award.Eugene lives in the Bay Area. Contact him via email at ekim@jkmperu.com, or Signal, Telegram, or WhatsApp at 650-942-3061. Use a personal email address, a nonwork WiFi network, and a nonwork device; here's our guide to sharing information securely.