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Download The List of the 100 Highest-Valued Unicorns

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The Founder's Handbook

The 41 Unicorns Founded in Massachusetts (2024)

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There’s no doubt that the startup scene in Massachusetts is unique.

The state has created dozens of successful startups, over the years. Some of them are already worth billions of dollars.

So whether you’re looking to start your own business, or just interested in learning about unicorns, here’s the complete list of 41 unicorn companies in Massachusetts.

The 41 Unicorns in Massachusetts

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2,189 Accelerators & Incubators

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Complete Unicorns List
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1,016 Unicorns

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1,190 Unicorns

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250 FinTech Investors

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1) Thrasio

Thrasio

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

Details of the startup:

  • Valuation: $10.00B (July 2020)
  • Started in: 2018
  • Founders: Carlos Cashman, Joshua Silberstein
  • Industries: Brand Marketing, Consumer Goods, E-Commerce
  • Number of employees: 1,000-5,000
  • Funding: $3,396.46M
  • Funding rounds: 13
  • Number of investors: 24

You can find their website here.

2) 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: $9.50B (June 2018)
  • 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: $208.00M
  • Funding rounds: 7
  • Number of investors: 12

You can find their website here.

3) 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: $9.20B (November 2020)
  • Started in: 2012
  • Founders: Andrew Bialecki, Ed Hallen
  • Industries: Advertising, Analytics, E-Commerce, Marketing, Marketing Automation, Software
  • Number of employees: 500-1,000
  • Funding: $678.50M
  • Funding rounds: 5
  • Number of investors: 15

You can find their website here.

4) 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: $7.40B (January 2020)
  • 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: $1,026.09M
  • Funding rounds: 11
  • Number of investors: 30

You can find their website here.

5) 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: $6.30B (July 2019)
  • Started in: 2012
  • Founders: Jeremy Achin, Thomas DeGodoy
  • Industries: Artificial Intelligence, Enterprise Software, Machine Learning, SaaS
  • Number of employees: 1,000-5,000
  • Funding: $1,089.37M
  • Funding rounds: 13
  • Number of investors: 39

You can find their website here.

6) 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: $4.80B (August 2021)
  • 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: $257.64M
  • Funding rounds: 6
  • Number of investors: 8

You can find their website here.

7) Globalization Partners

Globalization Partners

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

Details of the startup:

  • Valuation: $4.20B (January 2022)
  • Started in: 2012
  • Founders: Nicole Sahin
  • Industries: Compliance, Employment, Human Resources, Information Technology
  • Number of employees: 100-250
  • Funding: $353.50M
  • Funding rounds: 2
  • Number of investors: 4

You can find their website here.

8) 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: $3.80B (April 2014)
  • 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: $1,683.53M
  • Funding rounds: 23
  • Number of investors: 27

You can find their website here.

9) Whoop

Whoop

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

Details of the startup:

  • Valuation: $3.60B (October 2020)
  • Started in: 2012
  • Founders: Aurelian Nicolae, John Capodilupo, Will Ahmed
  • Industries: Fitness, Sports, Wearables, Wellness
  • Number of employees: 500-1,000
  • Funding: $404.38M
  • Funding rounds: 9
  • Number of investors: 35

You can find their website here.

10) 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: $3.50B (September 2017)
  • Started in: 2014
  • Founders: Rahul Bhatia, Rakesh Gangwal
  • Industries: Transportation
  • Number of employees: 1,000-5,000
  • Funding: $1,176.50M
  • Funding rounds: 2
  • Number of investors: 1

You can find their website here.

11) 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: $3.35B (January 2021)
  • 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: $414.00M
  • Funding rounds: 4
  • Number of investors: 7

You can find their website here.

12) 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: $3.00B (May 2018)
  • Started in: 2013
  • Founders: Jeremy Allaire, Sean Neville
  • Industries: Banking, Blockchain, Cryptocurrency, Financial Services, FinTech
  • Number of employees: 100-250
  • Funding: $3,497.00M
  • Funding rounds: 10
  • Number of investors: 39

You can find their website here.

13) Aura

Aura

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

Details of the startup:

  • Valuation: $2.50B (June 2021)
  • Started in: 2019
  • Founders: Hari Ravichandran
  • Industries: Cyber Security, Information Technology, Network Security, Security
  • Number of employees: 500-1,000
  • Funding: $561.82M
  • Funding rounds: 3
  • Number of investors: 6

You can find their website here.

14) 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: $2.44B (August 2019)
  • 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: $713.62M
  • Funding rounds: 9
  • Number of investors: 11

You can find their website here.

15) 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: $2.40B (September 2021)
  • Started in: 2011
  • Founders: Nagarjuna Venna, Stephen Boyer
  • Industries: Cyber Security, Risk Management, Security, Software
  • Number of employees: 250-500
  • Funding: $397.00M
  • Funding rounds: 7
  • Number of investors: 14

You can find their website here.

16) Motif

Motif

Motif is a company that specialises in food technology.

Details of the startup:

  • Valuation: $2.20B (June 2021)
  • Started in: 2019
  • Founders: Jonathan McIntyre
  • Industries: Biotechnology, Food and Beverage, Wellness
  • Number of employees: 11-50
  • Funding: $343.50M
  • Funding rounds: 4
  • Number of investors: 20

You can find their website here.

17) Salsify

Salsify

Salsify assists brands by providing tools for tracking and analysing inventory, product presentation, and sales on digital shelves.

Details of the startup:

  • Valuation: $2.00B (April 2022)
  • Started in: 2012
  • Founders: Jason Purcell, Jeremy Redburn, Rob Gonzalez
  • Industries: Analytics, Cloud Computing, E-Commerce, Management Information Systems, Software
  • Number of employees: 501-1000
  • Funding: $452.60M
  • Funding rounds: 7
  • Number of investors: 13

You can find their website here.

18) Devo

Devo

Devo is a cybersecurity firm that offers cloud-native logging and security analytics to businesses.

Details of the startup:

  • Valuation: $2.00B (October 2021)
  • Started in: 2011
  • Founders: Pedro Castillo
  • Industries: Analytics, Big Data, Cloud Data Services, Cyber Security, Information Services, Information Technology
  • Number of employees: 251-500
  • Funding: $481.00M
  • Funding rounds: 7
  • Number of investors: 11

You can find their website here.

19) Formlabs

Formlabs

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

Details of the startup:

  • Valuation: $2.00B (August 2018)
  • 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: $51.93M
  • Funding rounds: 9
  • Number of investors: 24

You can find their website here.

20) ConcertAI

ConcertAI

ConcertAI is a healthcare AI-powered SaaS data company that creates medical research tools in oncology.

Details of the startup:

  • Valuation: $1.90B (March 2022)
  • Started in: 2018
  • Founders: Jeff Elton, Romesh Wadhwani
  • Industries: Analytics, Artificial Intelligence, Biotechnology, Pharmaceutical, SaaS
  • Number of employees: 1001-5000
  • Funding: $300.00M
  • Funding rounds: 2
  • Number of investors: 5

You can find their website here.

21) 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: $1.85B (September 2021)
  • Started in: 2000
  • Founders: Nicholas J. Nardone, Shane T. Caiazzo
  • Industries: Accounting, Consulting, Financial Services
  • Number of employees: 50-100
  • Funding: $18.58M
  • Funding rounds: 1
  • Number of investors: 1

You can find their website here.

22) Tessera Therapeutics

Tessera Therapeutics

Tessera Therapeutics is a biotechnology firm specialising in a new class of genetic medicines.

Details of the startup:

  • Valuation: $1.69B (April 2022)
  • Started in: 2018
  • Founders: Geoffrey von Maltzahn, Jacob Rubens
  • Industries: Biopharma, Biotechnology, Genetics, Life Science, Therapeutics
  • Number of employees: 101-250
  • Funding: $531.76M
  • Funding rounds: 3
  • Number of investors: 13

You can find their website here.

23) 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: $1.60B (April 2019)
  • Started in: 2007
  • Founders: Briscoe Rodgers, Stefania Mallett
  • Industries: Catering, Food and Beverage, Hospitality, Marketplace
  • Number of employees: 250-500
  • Funding: $255.00M
  • Funding rounds: 11
  • Number of investors: 25

You can find their website here.

24) 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: $1.60B (April 2015)
  • Started in: 2011
  • Founders: Moshe Yanai
  • Industries: Big Data, Cloud Infrastructure, Data Storage, Information Technology, Software
  • Number of employees: 250-500
  • Funding: $325.00M
  • Funding rounds: 5
  • Number of investors: 8

You can find their website here.

25) Orna Therapeutics

Orna Therapeutics

Orna Therapeutics is a biotechnology company that focuses on fully engineered circular RNA therapeutics for the treatment of various diseases.

Details of the startup:

  • Valuation: $1.50B (August 2022)
  • Started in: 2019
  • Founders: Alex Wesselhoeft, Daniel Anderson, Raffaella Squilloni
  • Industries: Biotechnology, Medical, Pharmaceutical, Therapeutics
  • Number of employees: 51-100
  • Funding: $321.00M
  • Funding rounds: 3
  • Number of investors: 10

You can find their website here.

26) Inari

Inari

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

Details of the startup:

  • Valuation: $1.50B (May 2021)
  • Started in: 2016
  • Founders: David Berry, Ignacio Martinez, Laura Lande-Diner
  • Industries: Agriculture, AgTech, Biotechnology
  • Number of employees: 100-250
  • Funding: $397.00M
  • Funding rounds: 4
  • Number of investors: 11

You can find their website here.

27) 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: $1.50B (December 2018)
  • Started in: 2010
  • Founders: Bill Powers, Hari Balakrishnan, Sam Madden, Tim Vogel
  • Industries: Insurance, Mobile, Public Safety, Transportation
  • Number of employees: 100-250
  • Funding: $626.63M
  • Funding rounds: 2
  • Number of investors: 1

You can find their website here.

28) Generate Biomedicines

Generate Biomedicines

Generate Biomedicines is a biotech company dedicated to developing ground-breaking medicines.

Details of the startup:

  • Valuation: $1.36B (November 2021)
  • Started in: 2018
  • Founders: Geoffrey von Maltzahn, Gevorg Grigoryan, Molly Gibson
  • Industries: Biotechnology, Health Care, Medical, Product Research
  • Number of employees: 251-500
  • Funding: $420.00M
  • Funding rounds: 2
  • Number of investors: 8

You can find their website here.

29) Alzheon

Alzheon

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

Details of the startup:

  • Valuation: $1.31B (September 2020)
  • Started in: 2013
  • Founders: Martin Tolar
  • Industries: Biotechnology, Clinical Trials, Health Care, Health Diagnostics, Therapeutics
  • Number of employees: 10-50
  • Funding: $94.40M
  • Funding rounds: 7
  • Number of investors: 3

You can find their website here.

30) Biofourmis

Biofourmis

Biofourmis is a biotechnology company that uses digital therapeutics to enhance personalised care and therapies.

Details of the startup:

  • Valuation: $1.30B (April 2022)
  • Started in: 2015
  • Founders: Kuldeep Singh Rajput, Maulik Majmudar, Wendou Niu
  • Industries: Biotechnology, mHealth, Personal Health, Predictive Analytics, Therapeutics
  • Number of employees: 101-250
  • Funding: $463.57M
  • Funding rounds: 10
  • Number of investors: 15

You can find their website here.

31) airSlate

airSlate

AirSlate is a SaaS platform that offers solutions for no-code business process automation, e-signature, and document management.

Details of the startup:

  • Valuation: $1.25B (June 2022)
  • Started in: 2006
  • Founders: Borya Shakhnovich, Vadim Yasinovsky
  • Industries: Document Management, Management Information Systems, Productivity Tools, SaaS, Software
  • Number of employees: 501-1000
  • Funding: $181.50M
  • Funding rounds: 4
  • Number of investors: 6

You can find their website here.

32) EQRx

EQRx

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

Details of the startup:

  • Valuation: $1.23B (January 2021)
  • Started in: 2020
  • Founders: Alexis Borisy, Peter Bach, Sandra Horning
  • Industries: Biotechnology, Health Care, Medical, Pharmaceutical
  • Number of employees: 250-500
  • Funding: $700.00M
  • Funding rounds: 3
  • Number of investors: 21

You can find their website here.

33) 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: $1.20B (July 2021)
  • Started in: 2019
  • Founders: Andrew Anzalone, David R. Liu, Jeremy Duffield
  • Industries: Biotechnology, Genetics, Medical
  • Number of employees: 50-100
  • Funding: $150.93M
  • Funding rounds: 2
  • Number of investors: 12

You can find their website here.

34) IntelyCare

IntelyCare

IntelyCare is revolutionising healthcare staffing, scheduling, and training though their workforce management platform. 

Details of the startup:

  • Valuation: $1.10B (April 2022)
  • Started in: 2014
  • Founders: Chris Caulfield, David Coppins, Ike Nnah, Prince Nnah
  • Industries: Health Care, Medical, Software, Staffing Agency
  • Number of employees: 101-250
  • Funding: $170.80M
  • Funding rounds: 3
  • Number of investors: 11

You can find their website here.

35) Wasabi Technologies

Wasabi Technologies

Wasabi is a cloud storage company that provides affordable and secure cloud storage solutions.

Details of the startup:

  • Valuation: $1.10B (September 2022)
  • Started in: 2015
  • Founders: David Friend, Jeff Flowers
  • Industries: Cloud Computing, Cloud Data Services, Cloud Storage, Database, Information Technology
  • Number of employees: 101-250
  • Funding: $549.14M
  • Funding rounds: 14
  • Number of investors: 27

You can find their website here.

36) BostonGene

BostonGene

BostonGene is a biomedical software company that specialises in advanced patient analysis and personalised cancer treatment.

Details of the startup:

  • Valuation: $1.00B (April 2022)
  • Started in: 2015
  • Founders: Andrew Feinberg
  • Industries: Analytics, Bioinformatics, Genetics, Health Care, Software
  • Number of employees: 101-250
  • Funding: $200.00M
  • Funding rounds: 2
  • Number of investors: 3

You can find their website here.

37) Vendr

Vendr

Vendr is the leading SaaS buying and management platform, assisting businesses in finding, purchasing, and managing their stack, with a money-back guarantee.

Details of the startup:

  • Valuation: $1.00B (February 2022)
  • Started in: 2019
  • Founders: Aaron White, Ryan Neu
  • Industries: Information Technology, Logistics, SaaS, Software
  • Number of employees: 251-500
  • Funding: $216.00M
  • Funding rounds: 5
  • Number of investors: 11

You can find their website here.

38) Immuta

Immuta

Immuta speeds up secure data access by detecting, securing, and monitoring cloud data.

Details of the startup:

  • Valuation: $1.00B (June 2022)
  • Started in: 2015
  • Founders: Matthew Carroll, Michael Schiller, Sapan Shah, Steven Touw
  • Industries: Analytics, Big Data, Cyber Security, Privacy
  • Number of employees: 251-500
  • Funding: $258.20M
  • Funding rounds: 7
  • Number of investors: 22

You can find their website here.

39) VulcanForms

VulcanForms

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

Details of the startup:

  • Valuation: $1.00B (July 2022)
  • Started in: 2015
  • Founders: A. John Hart, Martin C. Feldmann
  • Industries: Industrial, Infrastructure, Manufacturing, Sustainability
  • Number of employees: 251-500
  • Funding: $355.00M
  • Funding rounds: 5
  • Number of investors: 9

You can find their website here.

40) 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: $1.00B (October 2021)
  • Started in: 2017
  • Founders: Idit Levine
  • Industries: Apps, Cloud Computing, Developer APIs, Internet, Software
  • Number of employees: 100-250
  • Funding: $171.85M
  • Funding rounds: 6
  • Number of investors: 5

You can find their website here.

41) 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: $1.00B (February 2021)
  • Started in: 2014
  • Founders: Bruce E. Welty
  • Industries: E-Commerce, Industrial Automation, Logistics, Robotics, Warehousing
  • Number of employees: 100-250
  • Funding: $315.82M
  • Funding rounds: 6
  • Number of investors: 5

You can find their website here.

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