The 25 most valuable private tech companies in the US
Tech companies are continuing to garner major investments from venture capitalists.
Major tech startups like Uber, Airbnb, and SpaceX are among the most highly valued private companies, PitchBook reports. But recent major investments into burgeoning tech startups — including Slack, Instacart, and Stripe — have brought new players into the spotlight. At this point, there are almost too many billion-dollar startups to count.
Uber's $72 billion valuation solidifies the company's spot at the top. However, the rideshare platform plans to go public next year, so the No. 1 spot will soon be up for grabs.
Here are the 25 most valuable VC-backed startups in the US:
SEE ALSO: 12 startups that failed this year and took $1.4 billion in VC funding with them
21. Credit Karma — $4.0 billion
What they do: Provide a platform for consumer finance and free credit score reports
Main headquarters: San Francisco, California
Latest investment amount: $175 million (June 2015)
Read more about Credit Karma on PitchBook.
21. Wish — $4.0 billion
What they do: Run a digital shopping app for items directly from suppliers.
Main headquarters: San Francisco, California
Latest investment amount: $500 million (May 2017)
Read more about Wish on PitchBook.
21. Houzz — $4.0 billion
What they do: Provide a platform for home remodeling and design
Main headquarters: Palo Alto, California
Latest investment amount: $400 million (June 2017)
Read more about Houzz on PitchBook.
See the rest of the story at Business Insider
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Sunday, October 28, 2018
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