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Florida Unicorns

5 Successful Unicorn Companies in Florida

5 startups from Florida have become unicorns. We have compiled all of them in this blog article.

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There are a lot of things to consider when building a new startup - where to get funding, how to validate your idea, and what features should the product have.

One of the challenges, however, is finding a market that is willing to pay for your solution without even knowing what it is yet.

While some people say this makes your idea too vague and hard to monetize, there’s actually good news.

There’s more money in this space than ever before by angels investing in early-stage companies.

If you're building a startup in Florida, you must check these 5 companies that have joined the unicorn club.

5 Unicorn Companies in Florida

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Fanatics

Fanatics

Fanatics is a worldwide leader in licensed sports merchandise and fan gear, including jerseys, t-shirts, hats, and much more.

Details of the startup:

  • Valuation:

    $12.80

    B (

    June 2012

    )

  • Country:

    United States

  • City:

    Jacksonville

  • Started in:

    1995

  • Founders:

    Alan Trager, Michael Rubin, Mitch Trager

  • Industries:

    Manufacturing, Retail, Sporting Goods, Sports

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $2,365,000,000

  • Number of funding rounds:

    7

  • Number of investors:

    15

here

Magic Leap

Magic Leap

Magic Leap is a next-generation wearable computer that enables users to interact with digital devices in a cinematic way.

Details of the startup:

  • Valuation:

    $4.82

    B (

    October 2014

    )

  • Country:

    United States

  • City:

    Plantation

  • Started in:

    2010

  • Founders:

    Brian Schowengerdt, Rony Abovitz

  • Industries:

    Augmented Reality, Computer Vision, Consumer Electronics, Software, Video, Wearables

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $2,978,500,000

  • Number of funding rounds:

    10

  • Number of investors:

    27

here

Modernizing Medicine

Modernizing Medicine

Modernizing Medicine is changing how healthcare is delivered. They created the Electronic Medical Assistant, an award-winning Electronic Health Record system helping doctors get paid for quality, instead of quantity.

Details of the startup:

  • Valuation:

    $1.00

    B (

    May 2017

    )

  • Country:

    United States

  • City:

    Boca Raton

  • Started in:

    2010

  • Founders:

    Daniel Cane, Michael Sherling

  • Industries:

    Electronic Health Record (EHR), Health Care, Software

  • Number of employees:

    500-1,000

  • Funding Amount:

    $332,561,000

  • Number of funding rounds:

    9

  • Number of investors:

    6

here

Pipe

Pipe

Pipe provides a platform to build and manage recurring revenue streams across subscription, e-commerce, and creative marketplaces.

Details of the startup:

  • Valuation:

    $2

    B (

    May 2021

    )

  • Country:

    United States

  • City:

    Miami

  • Started in:

    2019

  • Founders:

    Harry Hurst, Josh Mangel, Zain Allarakhia

  • Industries:

    Finance, Financial Services, FinTech, Trading Platform

  • Number of employees:

    50-100

  • Funding Amount:

    $316,000,000

  • Number of funding rounds:

    4

  • Number of investors:

    43

here

REEF Technology

REEF Technology

REEF Technology is an integrated mobility group that researches, designs, funds and manages innovative solutions to the global parking problem.

Details of the startup:

  • Valuation:

    $1.00

    B (

    December 2018

    )

  • Country:

    United States

  • City:

    Miami

  • Started in:

    2013

  • Founders:

    Ari Ojalvo, Aziz Ihsanoglu, Philippe Saint Just, Umut Tekin

  • Industries:

    Apps, E-Commerce Platforms, Food Delivery, Information Technology, Last Mile Transportation, Mobile, Real Estate, Virtualization

  • Number of employees:

    10,000+

  • Funding Amount:

    $1,501,900,000

  • Number of funding rounds:

    3

  • Number of investors:

    7

here
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