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The 28 Best Unicorn Startups in Massachusetts

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Once a company crosses the $1 Billion mark, it becomes part of a rare and exclusive club: The Unicorn Club.

This next list contains 28 companies in Massachusetts that have achieved a valuation of more than $1 billion dollars; or in other words, have reached a so-called “Unicorn” status.

The 28 Unicorns in Massachusetts

Accelerators & Incubators List
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2,658 Accelerators & Incubators

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Complete Unicorns List
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1,016 Unicorns

Information about their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.

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Complete Unicorns List
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1,016 Unicorns

Information about their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.

Get the Sheet for $50

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Thrasio

Thrasio

Thrasio is a data driven investment firm that acquires growing Amazon e-commerce businesses.

Details of the startup:

  • Valuation:

    $10.00

    B (

    July 2020

    )

  • Country:

    United States

  • City:

    Walpole

  • Started in:

    2018

  • Founders:

    Carlos Cashman, Joshua Silberstein

  • Industries:

    Brand Marketing, Consumer Goods, E-Commerce

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $3,396.46M

  • Number of funding rounds:

    13

  • Number of investors:

    24

here

OutSystems

OutSystems

OutSystems helps enterprises have a new competitive advantage by allowing them to rapidly develop, deploy, and manage enterprise-grade apps.

Details of the startup:

  • Valuation:

    $9.50

    B (

    June 2018

    )

  • Country:

    United States

  • City:

    Boston

  • Started in:

    2001

  • Founders:

    Paulo Rosado, Rui Pereira

  • Industries:

    Data Integration, Developer Platform, Developer Tools, PaaS, SaaS, Software

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $208.00M

  • Number of funding rounds:

    7

  • Number of investors:

    12

here

Klaviyo

Klaviyo

Klaviyo is a powerful email platform that combines automation, marketing-based business intelligence, and lead nurturing to help grow your ecommerce.

Details of the startup:

  • Valuation:

    $9.20

    B (

    November 2020

    )

  • Country:

    United States

  • City:

    Boston

  • Started in:

    2012

  • Founders:

    Andrew Bialecki, Ed Hallen

  • Industries:

    Advertising, Analytics, E-Commerce, Marketing, Marketing Automation, Software

  • Number of employees:

    500-1,000

  • Funding Amount:

    $678.50M

  • Number of funding rounds:

    5

  • Number of investors:

    15

here

Snyk

Snyk

Snyk provides integrated development environment plugins and security analysis tools to identify, track and fix vulnerabilities in open source software code.

Details of the startup:

  • Valuation:

    $8.60

    B (

    January 2020

    )

  • Country:

    United States

  • City:

    Boston

  • Started in:

    2015

  • Founders:

    Assaf Hefetz, Danny Grander, Guy Podjarny, Jacob Tarango

  • Industries:

    Cyber Security, Internet, Security, Software

  • Number of employees:

    500-1,000

  • Funding Amount:

    $1,026.09M

  • Number of funding rounds:

    11

  • Number of investors:

    30

here

DataRobot

DataRobot

DataRobot is a platform that enables easy-to-use AI technology to improve decision making. It improves the quality of your intel and reduces your vulnerability to risk, fraud, and compliance issues.

Details of the startup:

  • Valuation:

    $6.30

    B (

    July 2019

    )

  • Country:

    United States

  • City:

    Boston

  • Started in:

    2012

  • Founders:

    Jeremy Achin, Thomas DeGodoy

  • Industries:

    Artificial Intelligence, Enterprise Software, Machine Learning, SaaS

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $1,089.37M

  • Number of funding rounds:

    13

  • Number of investors:

    39

here

Globalization Partners

Globalization Partners

GP enables international companies to hire teams without setting up branch offices or subsidiaries.

Details of the startup:

  • Valuation:

    $4.20

    B (

    January 2022

    )

  • Country:

    United States

  • City:

    Boston

  • Started in:

    2012

  • Founders:

    Nicole Sahin

  • Industries:

    Compliance, Employment, Human Resources, Information Technology

  • Number of employees:

    100-250

  • Funding Amount:

    $353.50M

  • Number of funding rounds:

    2

  • Number of investors:

    4

here

Intarcia Therapeutics

Intarcia Therapeutics

Intarcia is a biotechnology company focused solely on the development of long-duration therapies to treat chronic diseases.

Details of the startup:

  • Valuation:

    $3.80

    B (

    April 2014

    )

  • Country:

    United States

  • City:

    Boston

  • Started in:

    1995

  • Founders:

    David Franklin, James M. Ahlers, Thomas Alessi

  • Industries:

    Biotechnology, Health Care, Health Diagnostics, Medical Device, Personal Health

  • Number of employees:

    250-500

  • Funding Amount:

    $1,683.53M

  • Number of funding rounds:

    23

  • Number of investors:

    27

here

Whoop

Whoop

WHOOP is a personalized, data-driven performance management system designed for athletes.

Details of the startup:

  • Valuation:

    $3.60

    B (

    October 2020

    )

  • Country:

    United States

  • City:

    Boston

  • Started in:

    2012

  • Founders:

    Aurelian Nicolae, John Capodilupo, Will Ahmed

  • Industries:

    Fitness, Sports, Wearables, Wellness

  • Number of employees:

    500-1,000

  • Funding Amount:

    $404.38M

  • Number of funding rounds:

    9

  • Number of investors:

    35

here

Indigo Ag

Indigo Ag

Indigo is an end-to-end solution that integrates microbiology technologies to revolutionizes agronomic productivity in agricultural markets around the world.

Details of the startup:

  • Valuation:

    $3.50

    B (

    September 2017

    )

  • Country:

    United States

  • City:

    Boston

  • Started in:

    2014

  • Founders:

    Rahul Bhatia, Rakesh Gangwal

  • Industries:

    Transportation

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $1,176.50M

  • Number of funding rounds:

    2

  • Number of investors:

    1

here

Circle

Circle

Circle is the global crypto finance platform, making it possible for anyone to buy, sell, use, and accept crypto assets.

Details of the startup:

  • Valuation:

    $3.00

    B (

    May 2018

    )

  • Country:

    United States

  • City:

    Boston

  • Started in:

    2013

  • Founders:

    Jeremy Allaire, Sean Neville

  • Industries:

    Banking, Blockchain, Cryptocurrency, Financial Services, FinTech

  • Number of employees:

    100-250

  • Funding Amount:

    $3,497.00M

  • Number of funding rounds:

    10

  • Number of investors:

    39

here

Aura

Aura

Aura is a comprehensive platform for digital threat protection that simplifies security for everyone.

Details of the startup:

  • Valuation:

    $2.50

    B (

    June 2021

    )

  • Country:

    United States

  • City:

    Burlington

  • Started in:

    2019

  • Founders:

    Hari Ravichandran

  • Industries:

    Cyber Security, Information Technology, Network Security, Security

  • Number of employees:

    500-1,000

  • Funding Amount:

    $561.82M

  • Number of funding rounds:

    3

  • Number of investors:

    6

here

Cybereason

Cybereason

Cybereason is a cybersecurity solution that detects and responds to advanced cyberattacks, without compromising the performance of your systems.

Details of the startup:

  • Valuation:

    $2.44

    B (

    August 2019

    )

  • Country:

    United States

  • City:

    Boston

  • Started in:

    2012

  • Founders:

    Lior Div, Yonatan Amit, Yossi Naar

  • Industries:

    Cyber Security, Enterprise Software, Intrusion Detection, Network Security, Real Time

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $713.62M

  • Number of funding rounds:

    9

  • Number of investors:

    11

here

BitSight Technologies

BitSight Technologies

BitSight is a tool that daily assesses a business's security efficacy using a data-driven, outside-in approach.

Details of the startup:

  • Valuation:

    $2.40

    B (

    September 2021

    )

  • Country:

    United States

  • City:

    Boston

  • Started in:

    2011

  • Founders:

    Nagarjuna Venna, Stephen Boyer

  • Industries:

    Cyber Security, Risk Management, Security, Software

  • Number of employees:

    250-500

  • Funding Amount:

    $397.00M

  • Number of funding rounds:

    7

  • Number of investors:

    14

here

Reify Health

Reify Health

Reify Health is a cloud-based software company that develops tools for the clinical trial ecosystem.

Details of the startup:

  • Valuation:

    $2.20

    B (

    August 2021

    )

  • Country:

    United States

  • City:

    Boston

  • Started in:

    2012

  • Founders:

    Henry Li, Joseph Abrahamson, Michael Lin, Pramod Verma, Ralph Passarella

  • Industries:

    Clinical Trials, Health Care, Mobile, Software

  • Number of employees:

    100-250

  • Funding Amount:

    $257.64M

  • Number of funding rounds:

    6

  • Number of investors:

    8

here

Formlabs

Formlabs

Formlabs technologies are used by professionals to produce real-world models and functional prototypes via 3D printing.

Details of the startup:

  • Valuation:

    $2.00

    B (

    August 2018

    )

  • Country:

    United States

  • City:

    Somerville

  • Started in:

    2011

  • Founders:

    David Cranor, Maxim Lobovsky, Natan Linder

  • Industries:

    3D Printing, 3D Technology, Consumer Electronics, Hardware, Manufacturing

  • Number of employees:

    500-1,000

  • Funding Amount:

    $51.93M

  • Number of funding rounds:

    9

  • Number of investors:

    24

here

CFGI

CFGI

CFGI is a financial consulting and corporate finance organization that specializes in complicated accounting, reporting, tax, and compliance issues.

Details of the startup:

  • Valuation:

    $1.85

    B (

    September 2021

    )

  • Country:

    United States

  • City:

    Boston

  • Started in:

    2000

  • Founders:

    Nicholas J. Nardone, Shane T. Caiazzo

  • Industries:

    Accounting, Consulting, Financial Services

  • Number of employees:

    50-100

  • Funding Amount:

    $18.58M

  • Number of funding rounds:

    1

  • Number of investors:

    1

here

ezCater

ezCater

EzCater is the fastest growing online marketplace for those in need of catering services. Whether you’re headed to a board meeting, a business lunch, or an after-work happy hour, EzCater makes it easy and affordable for you to find fresh food and fantastic local catering options.

Details of the startup:

  • Valuation:

    $1.60

    B (

    April 2019

    )

  • Country:

    United States

  • City:

    Boston

  • Started in:

    2007

  • Founders:

    Briscoe Rodgers, Stefania Mallett

  • Industries:

    Catering, Food and Beverage, Hospitality, Marketplace

  • Number of employees:

    250-500

  • Funding Amount:

    $255.00M

  • Number of funding rounds:

    11

  • Number of investors:

    25

here

Infinidat

Infinidat

Infinidat is the first fully integrated, multi-platform, enterprise-class data storage software platform designed from scratch for cloud and hybrid cloud environments.

Details of the startup:

  • Valuation:

    $1.60

    B (

    April 2015

    )

  • Country:

    United States

  • City:

    Waltham

  • Started in:

    2011

  • Founders:

    Moshe Yanai

  • Industries:

    Big Data, Cloud Infrastructure, Data Storage, Information Technology, Software

  • Number of employees:

    250-500

  • Funding Amount:

    $325.00M

  • Number of funding rounds:

    5

  • Number of investors:

    8

here

Cambridge Mobile Telematics

Cambridge Mobile Telematics

Cambridge Mobile Telematics provides full-stack telematics solutions that connect data from vehicles to a suite of behavioral analytics tools.

Details of the startup:

  • Valuation:

    $1.50

    B (

    December 2018

    )

  • Country:

    United States

  • City:

    Cambridge

  • Started in:

    2010

  • Founders:

    Bill Powers, Hari Balakrishnan, Sam Madden, Tim Vogel

  • Industries:

    Insurance, Mobile, Public Safety, Transportation

  • Number of employees:

    100-250

  • Funding Amount:

    $626.63M

  • Number of funding rounds:

    2

  • Number of investors:

    1

here

Devo

Devo

Devo is a cybersecurity company that provides cloud-native logging and security analytics for organizations.

Details of the startup:

  • Valuation:

    $1.50

    B (

    October 2021

    )

  • Country:

    United States

  • City:

    Cambridge

  • Started in:

    2011

  • Founders:

    Pedro Castillo

  • Industries:

    Analytics, Big Data, Cloud Data Services, Cyber Security

  • Number of employees:

    250-500

  • Funding Amount:

    $381.00M

  • Number of funding rounds:

    6

  • Number of investors:

    10

here

Alzheon

Alzheon

Alzheon is a biotechnology company developing therapies for brain function, memory and aging.

Details of the startup:

  • Valuation:

    $1.31

    B (

    September 2020

    )

  • Country:

    United States

  • City:

    Framingham

  • Started in:

    2013

  • Founders:

    Martin Tolar

  • Industries:

    Biotechnology, Clinical Trials, Health Care, Health Diagnostics, Therapeutics

  • Number of employees:

    10-50

  • Funding Amount:

    $94.40M

  • Number of funding rounds:

    7

  • Number of investors:

    3

here

Starry

Starry

Starry is a new provider of high-speed Internet to homes and small businesses using next-generation technology. Their first product, Starry Station, transforms any home into a Wi-Fi hotspot with unlimited data.

Details of the startup:

  • Valuation:

    $1.29

    B (

    July 2018

    )

  • Country:

    United States

  • City:

    Boston

  • Started in:

    2014

  • Founders:

    Chaitanya Kanojia

  • Industries:

    Hardware, Internet, Network Hardware, Wireless

  • Number of employees:

    250-500

  • Funding Amount:

    $163.00M

  • Number of funding rounds:

    3

  • Number of investors:

    7

here

EQRx

EQRx

EQRx is a biotechnology company specializing in turning existing drugs into generic versions with greater clinical utility.

Details of the startup:

  • Valuation:

    $1.23

    B (

    January 2021

    )

  • Country:

    United States

  • City:

    Cambridge

  • Started in:

    2020

  • Founders:

    Alexis Borisy, Peter Bach, Sandra Horning

  • Industries:

    Biotechnology, Health Care, Medical, Pharmaceutical

  • Number of employees:

    250-500

  • Funding Amount:

    $700.00M

  • Number of funding rounds:

    3

  • Number of investors:

    21

here

Inari

Inari

Inari presents high performing plant varieties that improve the economic and environmental realities of production agriculture.

Details of the startup:

  • Valuation:

    $1.20

    B (

    May 2021

    )

  • Country:

    United States

  • City:

    Cambridge

  • Started in:

    2016

  • Founders:

    David Berry, Ignacio Martinez, Laura Lande-Diner

  • Industries:

    Agriculture, AgTech, Biotechnology

  • Number of employees:

    100-250

  • Funding Amount:

    $397.00M

  • Number of funding rounds:

    4

  • Number of investors:

    11

here

Prime Medicine

Prime Medicine

Prime Medicine operates as a biotechnology company that delivers the promise of gene editing using Prime Editing.

Details of the startup:

  • Valuation:

    $1.20

    B (

    July 2021

    )

  • Country:

    United States

  • City:

    Cambridge

  • Started in:

    2019

  • Founders:

    Andrew Anzalone, David R. Liu, Jeremy Duffield

  • Industries:

    Biotechnology, Genetics, Medical

  • Number of employees:

    50-100

  • Funding Amount:

    $150.93M

  • Number of funding rounds:

    2

  • Number of investors:

    12

here

Starburst

Starburst

Starburst Data is a data access and analytics company developing an SQL query engine that enables developers to have a tool they can use to build rich, powerful applications.

Details of the startup:

  • Valuation:

    $1.20

    B (

    January 2021

    )

  • Country:

    United States

  • City:

    Boston

  • Started in:

    2017

  • Founders:

    Anu Sudarsan, Dain Sundstrom, David Phillips, Grzegorz Kokosiński, Justin Borgman, Kamil Bajda-Pawlikowski, Karol Sobczak, Martin Traverso, Matt Fuller, Piotr Findeisen, Wojciech Biela

  • Industries:

    Analytics, Big Data, Information Technology, Open Source

  • Number of employees:

    250-500

  • Funding Amount:

    $414.00M

  • Number of funding rounds:

    4

  • Number of investors:

    7

here

Locus Robotics

Locus Robotics

Locus Robotics offers solutions that address the growing demand for automated solutions in e-commerce fulfillment.

Details of the startup:

  • Valuation:

    $1.00

    B (

    February 2021

    )

  • Country:

    United States

  • City:

    Wilmington

  • Started in:

    2014

  • Founders:

    Bruce E. Welty

  • Industries:

    E-Commerce, Industrial Automation, Logistics, Robotics, Warehousing

  • Number of employees:

    100-250

  • Funding Amount:

    $315.82M

  • Number of funding rounds:

    6

  • Number of investors:

    5

here

Solo.io

Solo.io

Solo.io develops tools to help the enterprise adapt and make the most of innovative cloud technologies.

Details of the startup:

  • Valuation:

    $1.00

    B (

    October 2021

    )

  • Country:

    United States

  • City:

    Cambridge

  • Started in:

    2017

  • Founders:

    Idit Levine

  • Industries:

    Apps, Cloud Computing, Developer APIs, Internet, Software

  • Number of employees:

    100-250

  • Funding Amount:

    $171.85M

  • Number of funding rounds:

    6

  • Number of investors:

    5

here

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