47 red-hot tech startups that became worth billions this year

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When Instagram bought to Facebook for $1 billion in 2013, it felt like a large amount of cash. 

Five years later, we appear to be numb to the billion-dollar acquisitions and valuations round us. WhatsApp used to be bought for $19 billion. Uber is valued at $72 billion

Yet, to construct a billion-dollar corporate from scratch remains to be a shockingly tough feat. Last year, CB Insights reported that the percentages of changing into a unicorn — an organization valued at $1 billion or extra — used to be lower than 1% for firms that had raised challenge capital. 

In 2018, there have been 47 tech corporations in the USA to succeed in this unicorn standing, in line with knowledge supplied by way of PitchBook

Others have been integrated in PitchBook’s record, just like the make-up corporate Pat McGrath Labs, the fondness healthcare supplier One Medical, and the publicly traded weed dispensary corporate MedMen. There have been additionally global corporations. For our record, we decided on US corporations with era on the core in their trade.

Here are the 47 US tech corporations that reached unicorn standing in 2018: 

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47. ThoughtSpot

What it does: Search and AI-based analytics

What it is worth now: $1 billion

Year based: 2012

46. WalkMe

What it does: Guides customers to navigate internet sites and apps extra successfully

What it is worth now: $1 billion

Year based: 2011

45. Seismic

What it does: Software for gross sales workforce productiveness 

What it is worth now: $1 billion

Year based: 2010

See the remainder of the tale at Business Insider

Contributer : Tech Insider https://learn.bi/2LCsMEj