The next billion-dollar tech unicorns to look out for in 2018:
The list below is of incredibly innovative startups that have reached unicorn status with sought-after investors that will see these companies grow exponentially.
This company makes software that lets IT departments manage employees through a cloud-based application. This will allow managers to access employee schedules etc from anywhere in the world.
Estimated 2017 revenue: $21 million
Their Lead investors are: Accel, Flybridge Capital Partners
Blend, another cloud-based software that lenders use to originate mortgages online will be very prominent this year.
Estimated 2017 revenue: $27 million
Lead investors: 8VC, Founders Fund, Greylock Partners, Lightspeed Venture Partners
Bright Health provides health insurance.
Estimated 2017 revenue: $45 million
Lead investors: Bessemer Venture Partners, Greenspring Associates, New Enterprise Associates
Cohesity makes systems that help companies store and recover backup data like inventory logs and personnel records.
Estimated 2017 revenue: $50 million
Lead investors: Artis Ventures, GV, Qualcomm Ventures, Sequoia Capital, Wing Venture Capital
Farmers Business Network uses data analytics to give farmers price information on supplies. It also sells seeds, fertilizers, and pesticides online.
Estimated 2017 revenue: More than $60 million
Lead investors: Acre Venture Partners, DBL Investors, GV, Kleiner Perkins Caufield & Byers
Flexport provides automated freight-forwarding and tracking services.
Estimated 2017 revenue: $500 million
Lead investors: First Round Capital, Founders Fund, Y Combinator
Fundbox provides short-term financing to small businesses
Estimated 2017 revenue: $55 million
Lead investors: General Catalyst, Khosla Ventures, Spark Capital
Ginkgo makes custom-designed living cells for companies in the fragrance, food, agriculture and pharmaceutical industries.
Estimated 2017 revenue: More than $20 million
Lead investors: Senator Investment Group, Viking Global Investors, Y Combinator
Makes software for robot-voice customer-service systems.
Estimated 2017 revenue: $100 million
Lead investors: Comcast Ventures, Cross Atlantic Capital Partners, NewSpring Capital, Revolution Growth, Sigma Partners, SoftBank Capital
Makes a cloud-based system that integrates voice, video and other communications applications.
Equity raised: $19 million
Estimated 2017 revenue: $100 million; Lead investor: Guidepost Growth Equity