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London Unicorns

The 24 Most Well-Known Unicorn Companies from London

London is home to 24 unicorn companies and you can find them all in this article.

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How do unicorn startups emerge?

How are they formed?

What does it take to become one of the Unicorn startups?

These are all questions many entrepreneurs ask themselves when building their companies.

Here are the 24 startups in London – Gett  and Cazoo included – which have become unicorns.

The 24 Unicorn Companies from London

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Babylon Health

Babylon Health

Babylon Health is a new AI-driven app that uses technology to make medical advice more accessible and affordable

Details of the startup:

  • Valuation:

    $2.00

    B (

    August 2019

    )

  • Country:

    United Kingdom

  • City:

    London

  • Started in:

    2013

  • Founders:

    Ali Parsa

  • Industries:

    Artificial Intelligence, Health Care, Health Diagnostics, Hospital, Mobile Apps

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $631,090,847

  • Number of funding rounds:

    4

  • Number of investors:

    5

here

BenevolentAI

BenevolentAI

BenevolentAI is a biopharmaceutical company with an extensive focus on the development of machine learning technologies to accelerate drug discovery.

Details of the startup:

  • Valuation:

    $1.00

    B (

    June 2015

    )

  • Country:

    United Kingdom

  • City:

    London

  • Started in:

    2013

  • Founders:

    Brent Gutekunst, Ivan Griffin, Ken Mulvany, Michael Brennan

  • Industries:

    Artificial Intelligence, Big Data, Biotechnology, Machine Learning, Neuroscience

  • Number of employees:

    50-100

  • Funding Amount:

    $292,000,000

  • Number of funding rounds:

    3

  • Number of investors:

    6

here

Blockchain.com

Blockchain.com

Blockchain.com is the premier digital asset platform, the foundational technology behind cryptocurrencies like bitcoin and ether.

Details of the startup:

  • Valuation:

    $5.20

    B (

    February 2021

    )

  • Country:

    United Kingdom

  • City:

    London

  • Started in:

    2011

  • Founders:

    Benjamin Reeves, Nicolas Cary, Peter Smith

  • Industries:

    Bitcoin, Blockchain, Cryptocurrency, FinTech, Trading Platform

  • Number of employees:

    500-1,000

  • Funding Amount:

    $490,000,000

  • Number of funding rounds:

    6

  • Number of investors:

    26

here

Cazoo

Cazoo

Cazoo is an online used car marketplace that enables you to buy, finance, and rent used cars more conveniently.

Details of the startup:

  • Valuation:

    $2.50

    B (

    June 2020

    )

  • Country:

    United Kingdom

  • City:

    London

  • Started in:

    2018

  • Founders:

    Alexander Edward Chesterman

  • Industries:

    Automotive, Car Sharing, E-Commerce, Rental

  • Number of employees:

    250-500

  • Funding Amount:

    $1,556,961,261

  • Number of funding rounds:

    8

  • Number of investors:

    20

here

Checkout.com

Checkout.com

Checkout.com's API allows businesses to integrate a seamless checkout experience across platforms.

Details of the startup:

  • Valuation:

    $15.00

    B (

    May 2019

    )

  • Country:

    United Kingdom

  • City:

    London

  • Started in:

    2012

  • Founders:

    Guillaume Pousaz

  • Industries:

    E-Commerce, FinTech, Payments, Transaction Processing

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $830,000,000

  • Number of funding rounds:

    3

  • Number of investors:

    8

here

Como

Como

Como is the next-generation, end-to-end customer engagement solution that facilitates effortless customer experience management across multi-channel touch points.

Details of the startup:

  • Valuation:

    $1.30

    B (

    July 1905

    )

  • Country:

    United Kingdom

  • City:

    London

  • Started in:

    2006

  • Founders:

    Dror Erez, Gaby Bilczyk, Ronen Shilo

  • Industries:

    Big Data, Cloud Computing, Enterprise Software, Loyalty Programs, Online Portals, Point of Sale, Small and Medium Businesses

  • Number of employees:

    50-100

  • Funding Amount:

    $109,800,000

  • Number of funding rounds:

    3

  • Number of investors:

    2

here

Gett

Gett

Gett is the company that provides a comprehensive technology platform for corporate ground transportation (GTM) management.

Details of the startup:

  • Valuation:

    $1.50

    B (

    May 2016

    )

  • Country:

    United Kingdom

  • City:

    London

  • Started in:

    2010

  • Founders:

    Dave Waiser, Roi More

  • Industries:

    B2B, Enterprise Software, SaaS, Software, Transportation

  • Number of employees:

    500-1,000

  • Funding Amount:

    $928,000,000

  • Number of funding rounds:

    12

  • Number of investors:

    11

here

Global Switch

Global Switch

Global Switch is a multi-tenant colocation and cloud hosting provider with a large scale network of carrier and cloud neutral data centres.

Details of the startup:

  • Valuation:

    $11.10

    B (

    December 2016

    )

  • Country:

    United Kingdom

  • City:

    London

  • Started in:

    1998

  • Founders:

    Andy Ruhan

  • Industries:

    Data Center, Real Estate, Wholesale

  • Number of employees:

    250-500

  • Funding Amount:

    £4,925,000,000

  • Number of funding rounds:

    3

  • Number of investors:

    4

here

Gousto

Gousto

Gousto, an online meal-kit service, automates the entire process from combining ingredients to delivery.

Details of the startup:

  • Valuation:

    $1.00

    B (

    November 2020

    )

  • Country:

    United Kingdom

  • City:

    London

  • Started in:

    2012

  • Founders:

    James Carter, Timo Boldt

  • Industries:

    E-Commerce, Food and Beverage, Food Delivery, Food Processing, Subscription Service

  • Number of employees:

    500-1,000

  • Funding Amount:

    $211,295,692

  • Number of funding rounds:

    12

  • Number of investors:

    12

here

Greensill Capital

Greensill Capital

Greensill Capital provides unsecured, asset-based loans to businesses worldwide.

Details of the startup:

  • Valuation:

    $4.00

    B (

    July 2018

    )

  • Country:

    United Kingdom

  • City:

    London

  • Started in:

    2011

  • Founders:

    Jason Austin, Lex Greensill

  • Industries:

    Commercial Lending, Finance, Financial Services, FinTech, Lending

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $1,705,000,000

  • Number of funding rounds:

    3

  • Number of investors:

    2

here

Hopin

Hopin

Hopin is a virtual event platform that creates live online business and social networking experiences. Their events are professional, organized, and open to everyone who has the interest to learn new things.

Details of the startup:

  • Valuation:

    $5.65

    B (

    November 2020

    )

  • Country:

    United Kingdom

  • City:

    London

  • Started in:

    2019

  • Founders:

    Johnny Boufarhat

  • Industries:

    Events, Meeting Software, Social Network, Video Conferencing

  • Number of employees:

    250-500

  • Funding Amount:

    $571,440,518

  • Number of funding rounds:

    5

  • Number of investors:

    20

here

Hyperion Insurance Group

Hyperion Insurance Group

Hyperion offers a wide range of risk management solutions to businesses and individuals across the globe.

Details of the startup:

  • Valuation:

    $5.00

    B (

    September 2020

    )

  • Country:

    United Kingdom

  • City:

    London

  • Started in:

    1994

  • Founders:

    David Howden

  • Industries:

    Auto Insurance, Insurance, Retail, Wholesale

  • Number of employees:

    500-1,000

  • Funding Amount:

    $1,900,000,000

  • Number of funding rounds:

    4

  • Number of investors:

    4

here

Improbable

Improbable

Improbable is a games technology company that enables developers to build virtual worlds for games and simulations of any scale.

Details of the startup:

  • Valuation:

    $2.00

    B (

    May 2017

    )

  • Country:

    United Kingdom

  • City:

    London

  • Started in:

    2012

  • Founders:

    Herman Narula, Peter Lipka, Rob Whitehead

  • Industries:

    Gamification, Gaming, Information Technology, Software, Virtual World

  • Number of employees:

    500-1,000

  • Funding Amount:

    $604,094,860

  • Number of funding rounds:

    6

  • Number of investors:

    10

here

Infobip

Infobip

Infobip is a simple and affordable platform for businesses to communicate with their customers in real time across multiple channels.

Details of the startup:

  • Valuation:

    $1.00

    B (

    July 2020

    )

  • Country:

    United Kingdom

  • City:

    London

  • Started in:

    2006

  • Founders:

    Izabel Jelenic, Roberto Kutic, Silvio Kutic

  • Industries:

    Enterprise Software, Messaging, Telecommunications

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $200,000,000

  • Number of funding rounds:

    1

  • Number of investors:

    1

here

Lendable

Lendable

Lendable is a data-driven lending platform that provides decision-making tools to lenders.

Details of the startup:

  • Valuation:

    $1

    B (

    March 2021

    )

  • Country:

    United Kingdom

  • City:

    London

  • Started in:

    2014

  • Founders:

    Jakob Schwarz, Martin Kissinger, Paul Pamment, Victoria van Lennep

  • Industries:

    Banking, Financial Services, Payments

  • Number of employees:

    50-100

  • Funding Amount:

    $1,336,304,367

  • Number of funding rounds:

    8

  • Number of investors:

    17

here

Monzo

Monzo

Monzo is a digital-only bank that caters to users with busy lives. It is perfect for people who want a straightforward banking experience with affordable fees and full transparency.

Details of the startup:

  • Valuation:

    $1.61

    B (

    October 2018

    )

  • Country:

    United Kingdom

  • City:

    London

  • Started in:

    2015

  • Founders:

    Gary Dolman, Jason Bates, Jonas Huckestein, Paul Rippon, Tom Blomfield

  • Industries:

    Banking, Financial Services, FinTech, Marketplace

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    £434,678,108

  • Number of funding rounds:

    19

  • Number of investors:

    33

here

OakNorth

OakNorth

OakNorth develops and delivers intelligent decision-making tools that can transform and enhance the lending process.

Details of the startup:

  • Valuation:

    $2.80

    B (

    October 2017

    )

  • Country:

    United Kingdom

  • City:

    London

  • Started in:

    2015

  • Founders:

    Joel Perlman, Rishi Khosla

  • Industries:

    Artificial Intelligence, Banking, Finance, Financial Services, FinTech, Lending

  • Number of employees:

    500-1,000

  • Funding Amount:

    $1,041,034,147

  • Number of funding rounds:

    8

  • Number of investors:

    9

here

Octopus Energy

Octopus Energy

Octopus Energy works to design, engineer, and install the most efficient microgeneration plants providing clean energy for businesses of any size.

Details of the startup:

  • Valuation:

    $2.06

    B (

    December 2020

    )

  • Country:

    United Kingdom

  • City:

    London

  • Started in:

    2015

  • Founders:

    Greg Jackson, James Eddison, Stuart Jackson

  • Industries:

    Energy Efficiency, GreenTech, Renewable Energy

  • Number of employees:

    500-1,000

  • Funding Amount:

    $574,000,000

  • Number of funding rounds:

    3

  • Number of investors:

    2

here

PPRO

PPRO

PPRO’s mission is to enable consumers, merchants and financial institutions to send and receive payments with ease.

Details of the startup:

  • Valuation:

    $1.00

    B (

    January 2021

    )

  • Country:

    United Kingdom

  • City:

    London

  • Started in:

    2006

  • Founders:

    Philipp Nieland, Tobias Schreyer

  • Industries:

    Finance, Financial Services, FinTech, Payments

  • Number of employees:

    250-500

  • Funding Amount:

    $370,000,000

  • Number of funding rounds:

    7

  • Number of investors:

    10

here

Rapyd

Rapyd

Rapyd is creating a payments platform that integrates with any app, to deliver local payment methods in one service.

Details of the startup:

  • Valuation:

    $2.50

    B (

    December 2019

    )

  • Country:

    United Kingdom

  • City:

    London

  • Started in:

    2016

  • Founders:

    Arik Shtilman, Arkady Karpman, Omer Priel

  • Industries:

    Financial Services, FinTech, Mobile Payments, Payments

  • Number of employees:

    100-250

  • Funding Amount:

    $470,000,000

  • Number of funding rounds:

    5

  • Number of investors:

    16

here

Revolut

Revolut

Revolut is a financial services company that provides payment solutions to businesses and individuals.

Details of the startup:

  • Valuation:

    $5.50

    B (

    April 2018

    )

  • Country:

    United Kingdom

  • City:

    London

  • Started in:

    2014

  • Founders:

    Nikolay Storonsky, Vlad Yatsenko

  • Industries:

    Banking, Customer Service, Financial Services, FinTech, Mobile Payments

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $905,469,790

  • Number of funding rounds:

    13

  • Number of investors:

    40

here

Starling Bank

Starling Bank

Starling Bank is a mobile-only bank for personal and business current accounts.

Details of the startup:

  • Valuation:

    $1.95

    B (

    March 2021

    )

  • Country:

    United Kingdom

  • City:

    London

  • Started in:

    2014

  • Founders:

    Anne Boden

  • Industries:

    Banking, Financial Services, FinTech

  • Number of employees:

    500-1,000

  • Funding Amount:

    $922,023,934

  • Number of funding rounds:

    10

  • Number of investors:

    11

here

Wise

Wise

Wise, previously known as TransferWise, is a global money transfer service that lets you send money abroad without hidden fees.

Details of the startup:

  • Valuation:

    $5.00

    B (

    January 2015

    )

  • Country:

    United Kingdom

  • City:

    London

  • Started in:

    2011

  • Founders:

    Kristo Kaarmann, Taavet Hinrikus

  • Industries:

    Finance, Financial Services, FinTech, Payments

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $1,091,682,792

  • Number of funding rounds:

    12

  • Number of investors:

    36

here

Zego

Zego

Zego is revolutionising the self-employed insurance industry with a suite of products that offer competitive rates and unparalleled service.

Details of the startup:

  • Valuation:

    $1.10

    B (

    March 2021

    )

  • Country:

    United Kingdom

  • City:

    London

  • Started in:

    2016

  • Founders:

    Harry Franks, Sten Saar, Stuart Kelly

  • Industries:

    Auto Insurance, Commercial Insurance, Insurance, InsurTech

  • Number of employees:

    250-500

  • Funding Amount:

    $201,738,891

  • Number of funding rounds:

    6

  • Number of investors:

    12

here
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