The definition of a unicorn is a privately-held startup company valued at more than $1 billion (£740 million). Aptly named Unicorn because of the rarity of such high-value startup businesses, it is becoming more commonplace for startups to reach $1 billion.
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The new year is fast approaching: which startup companies will make the transition from soonicorns to unicorns? Many exciting startups are getting close to hitting that all-important billion-dollar mark, turning them into unicorn startup companies.
Getting the best business valuation is essential if you want to find an investor wishing to fund startups. But how do you know the right time to get a business valuation, and what are the most important factors to consider?
According to news from Crunchbase, "Global Venture Funding hits all-time high in first half of 2021, with $288B invested." What a surprising development for business considering the chaos caused by the global pandemic in 2020.
Accelerators are always on the hunt for the next class of unicorns, but with thousands of startups all jostling for seed funding, trying to pinpoint the ones worth taking a gamble on can sometimes seem like an insurmountable task.
Whether you’re an accelerator, innovation lab, or VC/PE fund, we cherry-pick all the startup leads you'll ever need, so you can focus on what matters. Let us find you the next unicorn!