Miami is home to six unicorn startups from real estate to fintech. Among them is Flow, a real estate firm valued at $3 billion, and REEF, which has raised $1.5 billion to transform urban spaces.

The city's private companies also include major players like Kaseya, which provides IT management software and is valued at $2 billion, while the financial platform Jeeves Inc. shares a similar valuation.

Below is the full list of 6 Miami unicorn startups at this time.

Top 6 Most Valuable Miami Unicorns

Flow builds and operates branded apartment communities that integrate technology to foster a sense of connection. Residents use a dedicated app to manage their living space, access building services, and engage with their neighbors.

Valuation$3B (Joined August 2022)
Year Founded2022
FoundersAdam Neumann
Funding Amount$450M
Company SizeMid-Size Team (51-250)
Last Funding StatusSeries B
Top InvestorsAndreessen Horowitz

Kaseya builds an IT and security management platform designed for managed service providers and internal IT departments. Their software suite enables remote monitoring and management, giving teams unified control over their entire IT infrastructure.

Valuation$2B (Joined March 2019)
Year Founded2000
FoundersFred Voccola
Funding Amount$546.8M
Company SizeEnterprise Organization (5,001+)
Last Funding StatusVenture Round
Top InvestorsInsight Partners, Whitman Capital, TPG, Kanwal Rekhi, Ireland Strategic Investment Fund

Jeeves created an all-in-one expense management platform for companies operating globally. They combine corporate cards with cross-border payment solutions to help businesses manage their international spending.

Valuation$2B
Year Founded2019
FoundersDileep Thazhmon, Sherwin Gandhi
Funding Amount$443M
Company SizeMid-Size Team (51-250)
Last Funding StatusSeries C
Top InvestorsGaingels, Tribe Capital, Andreessen Horowitz, Y Combinator, Alumni Ventures

Papa built a platform that connects older adults and families with companions for assistance and social support. They are known for their network of "Papa Pals" who help seniors with everyday tasks, combatting loneliness and enabling them to live independently.

Valuation$1.4B (Joined November 2021)
Year Founded2017
FoundersAlfredo Vaamonde, Andrew Parker, Jake Rothstein
Funding Amount$241.2M
Company SizeLarge Team (251-1,000)
Last Funding StatusSeries D
Top InvestorsSeven Seven Six, FJ Labs, Tiger Global Management, Operator Partners, Y Combinator

Healthcare.com runs an insurtech platform designed to simplify shopping for health insurance. Their online marketplace provides the tools for people to analyze, compare, and enroll in plans from various providers.

Valuation$1B
Year Founded2006
FoundersGlenn Luk, Howard Yeh, Jeff Smedsrud, Jose Vargas, Julio Gonzalez Arrivillaga, Matias de Tezanos
Funding Amount$244M
Company SizeMid-Size Team (51-250)
Last Funding StatusSeries C
Top InvestorsPeopleFund, Second Alpha Partners, Oaktree Capital Management, Link Ventures, Hildred Capital Partners

REEF transforms underutilized urban real estate like parking facilities into logistical hubs for the on-demand economy. Their network of neighborhood hubs provides the physical infrastructure for businesses, from ghost kitchens to e-commerce fulfillment, to operate closer to their customers.

Valuation$1B
Year Founded2013
FoundersAri Ojalvo, Aziz Ihsanoglu, Philippe Saint-Just, Umut Tekin
Funding Amount$1.5B
Company SizeEnterprise Organization (5,001+)
Last Funding StatusPrivate Equity
Top InvestorsTarget Global, SoftBank Vision Fund, Oaktree Capital Management, UBS Asset Management, SoftBank