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Download The List of the 100 Highest-Valued Unicorns

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Top 8 Industrial Unicorns in 2024

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Have you ever wondered which private companies in the Industrial industry have the highest valuations?

You’re not alone.

There are lots of unicorn companies in this space, and it can be difficult to keep track of them all.

We've decided to take a deep dive and put together a list containing 8 Industrial unicorn startups, from highest to lowest valuation.

8 Industrial Unicorns Companies

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1,016 Unicorns

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1) Workrise

Workrise

Workrise is the leading marketplace for on-demand workers, work services, and everything else that delivers efficiency in the energy industry.

Details of the startup:

  • Valuation: $2.90B (September 2019)
  • Country: United States
  • State: Texas
  • City: Austin
  • Started in: 2014
  • Founders: Michael Witte, Sandeep Jain, Xuan Yong
  • Number of employees: 500-1,000
  • Funding: $752.50M
  • Funding rounds: 8
  • Number of investors: 21

You can find their website here.

2) Moglix

Moglix

Moglix is an online marketplace for business supplies and industrial equipment.

Details of the startup:

  • Valuation: $2.60B (May 2021)
  • Country: Singapore
  • Started in: 2015
  • Founders: Rahul Garg
  • Number of employees: 500-1,000
  • Funding: $470.71M
  • Funding rounds: 8
  • Number of investors: 19

You can find their website here.

3) 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: $2.30B (October 2015)
  • Country: United States
  • State: Illinois
  • City: Chicago
  • Started in: 2014
  • Founders: Bradley Keywell
  • Number of employees: 250-500
  • Funding: $317.00M
  • Funding rounds: 4
  • Number of investors: 7

You can find their website here.

4) OCSiAl

OCSiAl

TORC enables the low-cost production of Graphene Nanotubes enabling new uses in consumer electronic, water purification, catalysis, and much more. Worldwide scaling has already been demonstrated. The market for this technology is estimated to be several billion dollars at its full potential.

Details of the startup:

  • Valuation: $2.00B (March 2019)
  • Country: Luxembourg
  • City: Leudelange
  • Started in: 2012
  • Founders: Mikhail Predtechenskiy, Oleg Kirillov, Yuriy Zelvenskiy, Yury Koropachinskiy
  • Number of employees: 250-500
  • Funding: $5.00M
  • Funding rounds: 15
  • Number of investors: 6

You can find their website here.

5) VulcanForms

VulcanForms

VulcanForms empowers critical industries to innovate, grow, and have a long-term impact.

Details of the startup:

  • Valuation: $1.00B (July 2022)
  • Country: United States
  • State: Massachusetts
  • City: Burlington
  • Started in: 2015
  • Founders: A. John Hart, Martin C. Feldmann
  • Number of employees: 251-500
  • Funding: $355.00M
  • Funding rounds: 5
  • Number of investors: 9

You can find their website here.

6) Turntide Technologies

Turntide Technologies

Turntide Technologies creates an electric motor system that reduces energy consumption.

Details of the startup:

  • Valuation: $1.00B (June 2022)
  • Country: United States
  • State: California
  • City: Sunnyvale
  • Started in: 2013
  • Founders: Mark Johnston, Piyush Desai, Ryan Morris, Trevor Creary
  • Number of employees: 101-250
  • Funding: $491.53M
  • Funding rounds: 10
  • Number of investors: 18

You can find their website here.

7) Augury

Augury

Augury delivers machine health diagnostics to assist in reducing downtime and strengthening supply chain resilience.

Details of the startup:

  • Valuation: $1.00B (October 2021)
  • Country: United States
  • State: New York
  • City: New York
  • Started in: 2011
  • Founders: Gal Shaul, Saar Yoskovitz
  • Number of employees: 100-250
  • Funding: $294.00M
  • Funding rounds: 7
  • Number of investors: 16

You can find their website here.

8) Claroty

Claroty

Claroty is a cybersecurity startup specializing in the defense of industrial control networks against cyber-attacks.

Details of the startup:

  • Valuation: $1.00B (June 2021)
  • Country: United States
  • State: New York
  • City: New York
  • Started in: 2015
  • Founders: Amir Zilberstein, Benny Porat, Galina Antova
  • Number of employees: 250-500
  • Funding: $632.00M
  • Funding rounds: 5
  • Number of investors: 21

You can find their website here.

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