The Era of Tech Unicorns: Companies to watch in 2018. | Techsauce
Contact us
7

The Era of Tech Unicorns: Companies to watch in 2018.2 min read

Posted by
Posted date January 19, 2018

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.

1.BetterCloud

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

 

2. Blend

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

 

3. Bright Health

Bright Health provides health insurance.

Estimated 2017 revenue: $45 million

Lead investors: Bessemer Venture Partners, Greenspring Associates, New Enterprise Associates

 

4. Cohesity 

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

 

5. Farmers Business Network

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

 

6. Flexport

Flexport provides automated freight-forwarding and tracking services.

Estimated 2017 revenue: $500 million

Lead investors: First Round Capital, Founders Fund, Y Combinator

 

7. Fundbox

Fundbox provides short-term financing to small businesses

Estimated 2017 revenue: $55 million

Lead investors: General Catalyst, Khosla Ventures, Spark Capital

 

8. Ginkgo Bioworks

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

 

9. Interactions

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

 

10. Jive Communications

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

 

Comments

comments

Sign-up for exclusive content. Be the first to hear about ConvertPlug news.
Subscribe