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Decacorn Company Definition + Decacorn Company List

The goal of reaching a valuation of $1 billion, or in other words, becoming a ‘Unicorn’, is considered a milestone in the life of a startup.  But with more than 850 unicorn companies as of 2021 in the world compared to just 142 in 2015, the unicorn status has lost its charm. Startups are now setting their eyes on higher targets of becoming a ‘Decacorn’,

Put simply, Decacorns are private companies having a valuation of more than $10 billion. Relative to Unicorns, Decacorns are a much more exclusive community, consisting of around 30+ companies as of 2021. Some familial examples include companies such as Bytedance, SpaceX, Epic Games etc.

The bulk of these Decacorns are located in the US, followed by China. Even though a diverse range of industries make the list from gaming to logistics, an interesting trend that one can easily spot is the huge number of Fintech Companies.

Here’s a complete list Decacorns Companies:

Company FundingValuationCountryIndustry
Bytedance$9.4 billion$140 billionChinaArtificial Intelligence
SpaceX$6.6 billion$100.3 billionUSSpace
Stripe$2.2 billion$95 billionUSFintech
Klarna$3.7 billion$45.6 billionSwedenFintech
Canva$572.6 billion$40 billionAustraliaInternet Software & Services
Instacart$2.7 billion$39 billionUSSupply chain, logistics, & delivery
Databricks$3.5 billion$38 billionUSData management & analytics
Revolut$1.7 billion$33 billionUKFintech
Nubank$2.3 billion$30 billionBrazilFintech
Epic Games$5.1 billion$28.7 billionUSGaming
Rivian$10.7 billion$27.6 billionUSAuto & transportation
Chime$2.6 billion$25 billionUSFintech
FTX$1.3 billion$25 billionHong KongFintech
Fanatics$2.7 billion$18 billionUSE-commerce & direct-to-consumer
BYJU’s$3.2 billion$18 billionIndiaEdtech
One97 Communications$4.4 billion$16 billionIndiaFintech
Yuanfudao$4.1 billion$15.5 billionChinaEdtech
DJI Innovations$105 million$15 billionChinaHardware
SHEIN$553.4 million$15 billionChinaE-commerce & direct-to-consumer
Checkout.com$830 million$15 billionUKFintech
goPuff$3.4 billion$15 billionUSE-commerce & direct-to-consumer
Grab$12.5 billion$14.3 billionSingaporeAuto & transportation
Plaid Technologies$734.3 million$13.4 billionUSFintech
Devoted Health$2 billion$12.6 billionUSHealth
Brex$1.5 billion$12.3 billionUSFintech
SenseTime$2.6 billion$12 billionChinaArtificial intelligence
JUUL Labs$15.1 billion$12 billionUS Consumer & retail
Bitmain Technologies$764.7 million$12 billionChinaHardware
Biosplice Therapeutics$778 million$12 billionUSHealth
GoodLeap$800 million$12 billionUSInternet software & services
ZongMu Technology$219.1 million$11.4 billionChinaAuto & transportation
Global Switch£4.9 billion$11.1 billionUKHardware
Celonis$1.4 billion$11 billionGermanyData management & analytics
Wellong$10.88 billionChinaConsumer & retail
Aurora$1.1 billion$10 billionUSAuto & transportation
Lalamove$2.5 billion$10 billionHong KongSupply chain, logistics, & delivery
Ripple$293.8 million$10 billionUSFintech
Figma$332.9 million$10 billionUSInternet software & services
Gusto$691.1 million$10 billionUSFintech
Reddit$1.3 billion$10 billionUSInternet software & services
Talkdesk$497.5 million$10 billionUSInternet software & services
Notion Labs$342 million$10 billionUSInternet software & services
Thrasio$3.4 billion$10 billionUSOther

Note: Funding data & Valuation data has been sourced from Crunchbase & CB Insights respectively.

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Decacorn Company Definition + Decacorn Company List
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Decacorn Company Definition + Decacorn Company List
Description
Put simply, Decacorns are private companies having a valuation of more than $10 billion. Relative to Unicorns, Decacorns are a much more exclusive community, consisting of around 30+ companies as of 2021. Some familial examples include companies such as Bytedance, SpaceX, Epic Games etc.
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WhatIsTheBusinessModelOf
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Summary
Decacorn Company Definition + Decacorn Company List
Article Name
Decacorn Company Definition + Decacorn Company List
Description
Put simply, Decacorns are private companies having a valuation of more than $10 billion. Relative to Unicorns, Decacorns are a much more exclusive community, consisting of around 30+ companies as of 2021. Some familial examples include companies such as Bytedance, SpaceX, Epic Games etc.
Publisher Name
WhatIsTheBusinessModelOf
Publisher Logo