Learn how to validate your startup idea by pre-selling it, for only $80 (includes a free 1-hour consultancy call).
Unicorn List
Download The Complete List of 1,016 Unicorns

This free sheet contains all the information about the existing 1,016 unicorns, including their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.

Unicorn List
Download This List of 1,016 Unicorns (+$1B Startups)

This free sheet contains all the information about the existing 1,016 unicorns, including their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.

Accelerators List
Download Our List of 2,500+ Accelerators & Incubators

This free sheet contains 2,658 accelerators and incubators that you can apply to today, along with information about the industries and stages they generally invest in.

The Founder's Handbook
Get Free Access to The Founder's Handbook

This free Notion document contains the best 100+ resources you need for building a successful startup, divided in 4 categories: Fundraising, People, Product, and Growth.

The 18 Unicorn Startups Founded in Illinois

Ad

Sendinblue Logo

All-in-one digital marketing platform empowering small businesses to build stronger customer relationships. Use promo code “Failory” and get a premium account FREE for one month.

Countless startups in Illinois are being launched every day, and many fail because they did not learn from the success of other companies who've managed to rise above and join the unicorn club.

That’s why we decided to publish this list of 18 well-known Illinois companies that impressed investors enough to achieve a $1 billion valuation.

The 18 Unicorns in Illinois

Ad

Sendinblue Logo

All-in-one digital marketing platform empowering small businesses to build stronger customer relationships. Use promo code “Failory” and get a premium account FREE for one month.

Tempus

Tempus

Our unique, AI-based technologies have the potential to transform healthcare and significantly advance precision medicine.

Details of the startup:

  • Valuation:

    $8.10

    B (

    March 2018

    )

  • Country:

    United States

  • City:

    Chicago

  • Started in:

    2015

  • Founders:

    Eric Lefkofsky

  • Industries:

    Artificial Intelligence, Biotechnology, Health Care, Machine Learning, Medical

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $1,070.00M

  • Number of funding rounds:

    11

  • Number of investors:

    10

here

Relativity

Relativity

Relativity simplifies the entire process of using litigation and regulatory data. From identifying key issues to obtaining ultimate, legal insight, Relativity streamlines the e-discovery process and develops a solid understanding of why.

Details of the startup:

  • Valuation:

    $3.60

    B (

    March 2021

    )

  • Country:

    United States

  • City:

    Chicago

  • Started in:

    2001

  • Founders:

    Andrew Sieja

  • Industries:

    Ediscovery, Enterprise Software, Legal, Legal Tech

  • Number of employees:

    500-1,000

  • Funding Amount:

    $125.00M

  • Number of funding rounds:

    2

  • Number of investors:

    2

here

ActiveCampaign

ActiveCampaign

ActiveCampaign is the go-to email marketing solution for businesses all over the world, helping them send better emails, nurture leads ,and automate their sales pipeline .

Details of the startup:

  • Valuation:

    $3.00

    B (

    April 2021

    )

  • Country:

    United States

  • City:

    Chicago

  • Started in:

    2003

  • Founders:

    Jason F. VandeBoom

  • Industries:

    Apps, Email Marketing, Marketing Automation, Software

  • Number of employees:

    500-1,000

  • Funding Amount:

    $360.00M

  • Number of funding rounds:

    3

  • Number of investors:

    4

here

Project44

Project44

Project44 is a logistics technology company that provides a visibility solution to span the entire shipment workflow.

Details of the startup:

  • Valuation:

    $2.62

    B (

    June 2021

    )

  • Country:

    United States

  • City:

    Chicago

  • Started in:

    2014

  • Founders:

    Jett McCandless, Wally Ibrahim

  • Industries:

    Enterprise Software, Freight Service, SaaS, Supply Chain Management

  • Number of employees:

    500-1,000

  • Funding Amount:

    $928.80M

  • Number of funding rounds:

    8

  • Number of investors:

    22

here

Uptake

Uptake

Uptake Technologies is an innovative enterprise software company that has developed a unique, patented technology designed to increase efficiency and effectiveness by connecting people and business systems to deliver real-time data.

Details of the startup:

  • Valuation:

    $2.30

    B (

    October 2015

    )

  • Country:

    United States

  • City:

    Chicago

  • Started in:

    2014

  • Founders:

    Bradley Keywell

  • Industries:

    Analytics, Artificial Intelligence, Industrial, Machine Learning, SaaS, Software

  • Number of employees:

    250-500

  • Funding Amount:

    $317.00M

  • Number of funding rounds:

    4

  • Number of investors:

    7

here

Avant

Avant

Avant is the next generation digital lending platform that leverages data science to provide safe and transparent financial products.

Details of the startup:

  • Valuation:

    $2.00

    B (

    December 2012

    )

  • Country:

    United States

  • City:

    Chicago

  • Started in:

    1973

  • Founders:

    Al Goldstein, John Sun, Paul Zhang

  • Industries:

    Consumer Lending, Finance, Financial Services, FinTech, Lending, Marketplace

  • Number of employees:

    500-1,000

  • Funding Amount:

    $420.16M

  • Number of funding rounds:

    11

  • Number of investors:

    17

here

Mu Sigma

Mu Sigma

Mu Sigma blends quantitative analysis, data science, and management consulting to gain new insights that lead to smarter business decisions.

Details of the startup:

  • Valuation:

    $1.50

    B (

    February 2013

    )

  • Country:

    United States

  • City:

    Northbrook

  • Started in:

    2004

  • Founders:

    Ambiga Subramanian, Dhiraj C Rajaram

  • Industries:

    Analytics, Business Information Systems, Information Services, Information Technology, Software

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $214.10M

  • Number of funding rounds:

    7

  • Number of investors:

    4

here

M1 Finance

M1 Finance

M1 Finance is The Finance Super App that helps people manage and grow their money with control and automation for free.

Details of the startup:

  • Valuation:

    $1.45

    B (

    July 2021

    )

  • Country:

    United States

  • City:

    Chicago

  • Started in:

    2015

  • Founders:

    Brian Barnes

  • Industries:

    Finance, Financial Services, FinTech, Wealth Management

  • Number of employees:

    250-500

  • Funding Amount:

    $328.17M

  • Number of funding rounds:

    7

  • Number of investors:

    8

here

Loadsmart

Loadsmart

Loadsmart helps shippers move their freight fast and carriers keep trucks full.

Details of the startup:

  • Valuation:

    $1.30

    B (

    February 2022

    )

  • Country:

    United States

  • City:

    Chicago

  • Started in:

    2014

  • Founders:

    Felipe Capella, Ricardo Salgado

  • Industries:

    Logistics, Supply Chain Management, Transportation

  • Number of employees:

    250-500

  • Funding Amount:

    $345.20M

  • Number of funding rounds:

    7

  • Number of investors:

    16

here

Copado

Copado

Copado is an end-to-end native DevOps platform built for Salesforce.

Details of the startup:

  • Valuation:

    $1.20

    B (

    September 2021

    )

  • Country:

    United States

  • City:

    Chicago

  • Started in:

    2013

  • Founders:

    Federico Larsen, Philipp Rackwitz

  • Industries:

    Collaboration, Developer Platform, Developer Tools, IT Management, Software

  • Number of employees:

    500-1,000

  • Funding Amount:

    $276.05M

  • Number of funding rounds:

    4

  • Number of investors:

    10

here

G2

G2

G2 operates a software marketplace for business organizations to research, buy, and manage their software and services.

Details of the startup:

  • Valuation:

    $1.10

    B (

    June 2021

    )

  • Country:

    United States

  • City:

    Chicago

  • Started in:

    2012

  • Founders:

    Godard Abel, Mark Myers, Matt Gorniak, Mike Wheeler, Tim Handorf

  • Industries:

    B2B, Business Intelligence, CRM, Marketing Automation, Marketplace, Software

  • Number of employees:

    500-1,000

  • Funding Amount:

    $265.07M

  • Number of funding rounds:

    7

  • Number of investors:

    22

here

Amount

Amount

Amount is a financial technology startup that speeds financial institutions' digital transformation.

Details of the startup:

  • Valuation:

    $1.00

    B (

    May 2021

    )

  • Country:

    United States

  • City:

    Chicago

  • Started in:

    2019

  • Founders:

    Al Goldstein, Al Goldstein

  • Industries:

    Banking, Finance, Financial Services, FinTech

  • Number of employees:

    250-500

  • Funding Amount:

    $187.50M

  • Number of funding rounds:

    3

  • Number of investors:

    10

here

Cameo

Cameo

Cameo is making personal video shoutouts affordable and accessible to everyone. From saying thank you to sharing your birthday wishes, they’re giving fans a platform where they can connect with their favorite people.

Details of the startup:

  • Valuation:

    $1.00

    B (

    March 2021

    )

  • Country:

    United States

  • City:

    Chicago

  • Started in:

    2016

  • Founders:

    Devon Townsend, Martin Blencowe, Steven Galanis

  • Industries:

    Information Technology, Marketplace, Media and Entertainment, Social Media

  • Number of employees:

    250-500

  • Funding Amount:

    $165.71M

  • Number of funding rounds:

    8

  • Number of investors:

    27

here

Clearcover

Clearcover

Clearcover is a digital car insurance provider using innovative technologies and data-driven insights to give clients the best possible prices.

Details of the startup:

  • Valuation:

    $1.00

    B (

    April 2021

    )

  • Country:

    United States

  • City:

    Chicago

  • Started in:

    2016

  • Founders:

    Derek Brigham, Kyle Nakatsuji

  • Industries:

    Auto Insurance, Financial Services, InsurTech

  • Number of employees:

    250-500

  • Funding Amount:

    $307.00M

  • Number of funding rounds:

    4

  • Number of investors:

    11

here

Heyday

Heyday

Heyday is a skincare company offering customized facial treatments.

Details of the startup:

  • Valuation:

    $1.00

    B (

    November 2021

    )

  • Country:

    United States

  • City:

    Chicago

  • Started in:

    2020

  • Founders:

    Adam Ross, Jeni Sykes, Michael Pollak

  • Industries:

    Beauty, Cosmetics, Health Care

  • Number of employees:

    100-250

  • Funding Amount:

    $800.00M

  • Number of funding rounds:

    6

  • Number of investors:

    10

here

Nature's Fynd

Nature's Fynd

Nature’s Fynd is a food company that makes nutritional vegan protein from a microbe.

Details of the startup:

  • Valuation:

    $1.00

    B (

    July 2021

    )

  • Country:

    United States

  • City:

    Chicago

  • Started in:

    2012

  • Founders:

    Mark Kozubal, Matthew Strongin, Thomas Jonas

  • Industries:

    Agriculture, AgTech, Food and Beverage, Food Processing, Sustainability

  • Number of employees:

    50-100

  • Funding Amount:

    $508.48M

  • Number of funding rounds:

    4

  • Number of investors:

    17

here

ShipBob

ShipBob

ShipBob is a global logistics company that offers an e-commerce fulfillment order platform for direct-to-​consumer brands.

Details of the startup:

  • Valuation:

    $1.00

    B (

    June 2021

    )

  • Country:

    United States

  • City:

    Chicago

  • Started in:

    2014

  • Founders:

    Dhruv Saxena, Divey Gulati, George Wojciechowski, Jivko Bojinov

  • Industries:

    E-Commerce, Logistics, Mobile, SaaS, Shipping, Supply Chain Management

  • Number of employees:

    500-1,000

  • Funding Amount:

    $331.10M

  • Number of funding rounds:

    8

  • Number of investors:

    33

here

SMS Assist

SMS Assist

SMS Assist is a web-based real estate platform that provides branchless solutions for multi-site property management companies and single property owners.

Details of the startup:

  • Valuation:

    $1.00

    B (

    June 2016

    )

  • Country:

    United States

  • City:

    Chicago

  • Started in:

    2003

  • Founders:

    Michael Rothman, Stephen Watkins

  • Industries:

    Facility Management, Property Management, Software

  • Number of employees:

    500-1,000

  • Funding Amount:

    $481.50M

  • Number of funding rounds:

    4

  • Number of investors:

    4

here
The All-In-One Newsletter for Startup Founders

Every week, I’ll send you Failory’s latest interviews and articles and 3 curated resources for founders. Join +16,000 other startup founders!