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Massachusetts Unicorns

22 Most Established Unicorn Startups in Massachusetts

Massachusetts is home to 22 unicorn companies and you can find them all in this article.

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Massachusetts is filled with successful companies that have raised millions of dollars in VC funding that came from some of the top investors in the world.

Many of these successes have turned into unicorns—private companies worth over $1 billion.

If you want to achieve it, these 22 companies can be your inspiration.

The 22 Unicorn Startups in Massachusetts

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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:

    Lexington

  • Started in:

    2013

  • Founders:

    Martin Tolar

  • Industries:

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

  • Number of employees:

    10-50

  • Funding Amount:

    $86,451,115

  • Number of funding rounds:

    7

  • Number of investors:

    3

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:

    $502,500,000

  • 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, Finance, Financial Services, FinTech, Payments, Personal Finance

  • Number of employees:

    250-500

  • Funding Amount:

    $271,000,000

  • Number of funding rounds:

    8

  • Number of investors:

    29

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:

    $1.50

    B (

    June 2017

    )

  • Country:

    United States

  • City:

    Boston

  • Started in:

    2012

  • Founders:

    Lior Div, Yonatan Amit, Yossi Naar

  • Industries:

    Cyber Security, Enterprise Software, Intrusion Detection, Real Time

  • Number of employees:

    100-250

  • Funding Amount:

    $388,600,000

  • Number of funding rounds:

    5

  • Number of investors:

    4

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:

    $2.80

    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:

    $750,598,000

  • Number of funding rounds:

    10

  • Number of investors:

    33

here

Devoted Health

Devoted Health

Devoted Health is a next-generation healthcare company bringing revolutionary technology to the senior care industry. Devoted helps seniors live independently with world-class technology and personalized care.

Details of the startup:

  • Valuation:

    $3.78

    B (

    October 2018

    )

  • Country:

    United States

  • City:

    Waltham

  • Started in:

    2017

  • Founders:

    Ed Park, Jeremy Delinsky, Todd Park

  • Industries:

    Elder Care, Elderly, Health Care, Hospital

  • Number of employees:

    250-500

  • Funding Amount:

    $812,000,000

  • Number of funding rounds:

    4

  • Number of investors:

    15

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:

    2019

  • Founders:

    Alexis Borisy, Peter Bach, Sandra Horning

  • Industries:

    Biotechnology, Health Care, Medical, Pharmaceutical

  • Number of employees:

    100-250

  • Funding Amount:

    $700,000,000

  • Number of funding rounds:

    2

  • Number of investors:

    8

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:

    $1.25

    B (

    April 2019

    )

  • Country:

    United States

  • City:

    Boston

  • Started in:

    2007

  • Founders:

    Briscoe Rodgers, Stefania Mallett

  • Industries:

    Catering, Hospitality, Marketplace, Restaurants

  • Number of employees:

    500-1,000

  • Funding Amount:

    $320,789,999

  • Number of funding rounds:

    10

  • Number of investors:

    21

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:

    $1.07

    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

  • Number of employees:

    500-1,000

  • Funding Amount:

    $253,699,968

  • Number of funding rounds:

    8

  • Number of investors:

    23

here

Ginkgo Bioworks

Ginkgo Bioworks

Ginkgo Bioworks is an emerging leader in the biological engineering industry to develop custom microbes across industries.

Details of the startup:

  • Valuation:

    $4.20

    B (

    December 2017

    )

  • Country:

    United States

  • City:

    Boston

  • Started in:

    2008

  • Founders:

    Austin Che, Barry Canton, Jason Kelly, Reshma Shetty, Tom Knight

  • Industries:

    Biopharma, Biotechnology, Chemical

  • Number of employees:

    250-500

  • Funding Amount:

    $797,848,100

  • Number of funding rounds:

    9

  • Number of investors:

    33

here

Indigo

Indigo

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:

    Geoffrey von Maltzahn, Ignacio Martinez, Noubar Afeyan

  • Industries:

    Agriculture, AgTech, Farming, GreenTech

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $1,169,000,000

  • Number of funding rounds:

    11

  • Number of investors:

    12

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:

    $325,000,000

  • Number of funding rounds:

    4

  • Number of investors:

    6

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:

    $4.15

    B (

    November 2020

    )

  • Country:

    United States

  • City:

    Boston

  • Started in:

    2012

  • Founders:

    Andrew Bialecki, Ed Hallen

  • Industries:

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

  • Number of employees:

    500-1,000

  • Funding Amount:

    $678,500,000

  • Number of funding rounds:

    5

  • Number of investors:

    15

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:

    $249,000,000

  • Number of funding rounds:

    5

  • Number of investors:

    5

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:

    $572,081,803

  • Number of funding rounds:

    7

  • Number of investors:

    11

here

Starburst Data

Starburst Data

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:

    100-250

  • Funding Amount:

    $164,000,000

  • Number of funding rounds:

    3

  • Number of investors:

    4

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:

    $380,000,000

  • Number of funding rounds:

    3

  • Number of investors:

    9

here

Thrasio

Thrasio

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

Details of the startup:

  • Valuation:

    $6.00

    B (

    July 2020

    )

  • Country:

    United States

  • City:

    Walpole

  • Started in:

    2018

  • Founders:

    Carlos Cashman, Joshua Silberstein

  • Industries:

    Brand Marketing, Consumer Goods, E-Commerce, Product Management, Supply Chain Management

  • Number of employees:

    500-1,000

  • Funding Amount:

    $1,746,500,000

  • Number of funding rounds:

    10

  • Number of investors:

    20

here

Toast

Toast

Toast is a powerful POS and restaurant management solution, engineered to help kitchens run seamlessly, increase profits, and bring delicious food to your customers faster.

Details of the startup:

  • Valuation:

    $4.90

    B (

    July 2018

    )

  • Country:

    United States

  • City:

    Boston

  • Started in:

    2011

  • Founders:

    Aman Narang, Jonathan Grimm, Steve Fredette

  • Industries:

    Point of Sale, Restaurants, SaaS, Software

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $901,950,000

  • Number of funding rounds:

    7

  • Number of investors:

    18

here

WHOOP

WHOOP

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

Details of the startup:

  • Valuation:

    $1.20

    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:

    250-500

  • Funding Amount:

    $204,751,000

  • Number of funding rounds:

    8

  • Number of investors:

    33

here

Workhuman

Workhuman

Workhuman® takes employee recognition to the next level, offering companies a platform that constantly delivers feedback, motivation and rewards to drive performance.

Details of the startup:

  • Valuation:

    $1.20

    B (

    June 2020

    )

  • Country:

    United States

  • City:

    Framingham

  • Started in:

    1999

  • Founders:

    Eric Mosley

  • Industries:

    Human Resources, SaaS, Software

  • Number of employees:

    500-1,000

  • Funding Amount:

    $131,476,644

  • Number of funding rounds:

    4

  • Number of investors:

    5

here

XtalPi

XtalPi

XtalPi is a software development company that takes drug R&D and uses artificial intelligence, machine learning, and artificial neural networks to create compounds that are more effective and cheaper to develop.

Details of the startup:

  • Valuation:

    No Data

    B (

    .

    )

  • Country:

    United States

  • City:

    Cambridge

  • Started in:

    2014

  • Founders:

    Jian Ma, Lipeng Lai, Shuhao Wen

  • Industries:

    Artificial Intelligence, Biotechnology, Pharmaceutical

  • Number of employees:

    50-100

  • Funding Amount:

    $386,401,702

  • Number of funding rounds:

    9

  • Number of investors:

    13

here
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