North Carolina's startup ecosystem features nine unicorn companies, primarily concentrated in the software industry. These companies are located in major hubs such as Raleigh, Cary, and Charlotte.

Video game developer Epic Games is the most valuable company on the list with a $23 billion valuation. Other notable startups include financial software firm insightsoftware, valued at $4 billion.

Below is the full list of 9 North Carolina unicorn startups at this time.

Top 9 Most Valuable North Carolina Unicorns

Epic Games builds interactive entertainment experiences and the Unreal Engine, a foundational technology for game developers. They are best known for the global hit Fortnite and for running the Epic Games Store, a digital marketplace for PC games.

Valuation$23B (Joined October 2018)
Year Founded1991
FoundersMark Rein, Tim Sweeney
Funding Amount$7.9B
Company SizeMajor Organization (1,001-5,000)
Last Funding StatusVenture Round
Top InvestorsQuiet Capital, Lightspeed Venture Partners, BlackRock, Franklin Templeton, ICONIQ Growth

insightsoftware develops a suite of financial reporting and enterprise performance management tools designed for the Office of the CFO. Their solutions help organizations connect to and make sense of their enterprise data, providing a holistic view of financial and operational performance.

Valuation$4B
Year Founded2018
Founders—
Funding AmountCA$1B
Company SizeMajor Organization (1,001-5,000)
Last Funding StatusPrivate Equity
Top InvestorsTA Associates, ST6, Hg, Genstar Capital

Pendo offers an all-in-one platform for product teams to analyze user behavior and improve digital adoption. They're known for combining powerful analytics with tools that help guide users, making software easier to use and adopt.

Valuation$3B (Joined October 2019)
Year Founded2013
FoundersEric Boduch, Erik Troan, Rahul Jain, Todd Olson
Funding Amount$579.4M
Company SizeLarge Team (251-1,000)
Last Funding StatusVenture Round
Top InvestorsSapphire Ventures, B Capital, General Atlantic, Thoma Bravo, Battery Ventures

Teamworks builds an operating system for sports that centralizes talent acquisition, operations, and performance development. Their integrated software is used by athletic organizations to streamline everything from communication and scheduling to athlete data management.

Valuation$1.24B (Joined June 2025)
Year Founded2009
FoundersMitch Heath, Shaun Powell, Zachary Maurides
Funding Amount$422.2M
Company SizeLarge Team (251-1,000)
Last Funding StatusSeries F
Top InvestorsSeaport Capital, Dragoneer Investment Group, Delta-v Capital, Teamworthy Ventures, General Catalyst

Oyster created a global employment platform that lets companies hire, pay, and care for team members in any country. They handle the complexities of international hiring, including local compliance, payroll, and benefits, so businesses can build a distributed workforce.

Valuation$1.2B (Joined April 2022)
Year Founded2020
FoundersJack Mardack, Tony Jamous
Funding Amount$288.2M
Company SizeLarge Team (251-1,000)
Last Funding StatusSeries D
Top InvestorsEmergence Capital, Endeavor Catalyst, Salesforce Ventures, Base10 Partners, Georgian

Vantaca builds community management software designed to help property management companies automate their daily operations. Their platform uses AI to streamline workflows, financial management, and communications for homeowners associations and their residents.

Valuation$1B
Year Founded2016
FoundersDave Sweyer
Funding Amount$305M
Company SizeLarge Team (251-1,000)
Last Funding StatusPrivate Equity
Top InvestorsJMI Equity, Cove Hill Partners

Printful provides a print-on-demand dropshipping service that helps creators and entrepreneurs launch their own product lines. The platform handles the entire fulfillment process, from printing custom designs on apparel and accessories to shipping orders directly to the end customer.

Valuation$1B (Joined May 2021)
Year Founded2013
FoundersDavis Siksnans, Lauris Liberts
Funding Amount$130M
Company SizeMajor Organization (1,001-5,000)
Last Funding StatusPrivate Equity
Top InvestorsBregal Sagemount

JupiterOne builds a cyber asset management platform that gives security teams a complete inventory of their digital footprint. The platform connects assets across cloud environments to provide the visibility needed to manage and secure complex systems.

Valuation$1B (Joined June 2022)
Year Founded2018
FoundersErkang Zheng
Funding Amount$119M
Company SizeMid-Size Team (51-250)
Last Funding StatusSeries C
Top InvestorsCisco Investments, Tribe Capital, Intel Capital, Bain Capital Ventures, Sapphire Ventures

Tresata builds a software platform for real-time customer intelligence management. Their data operating system helps large enterprises analyze and monetize their customer data.

Valuation$1B (Joined October 2018)
Year Founded2011
FoundersAbhishek Virendra Mehta, Richard Morris
Funding Amount$51.3M
Company SizeLean Team (11-50)
Last Funding StatusPrivate Equity
Top InvestorsGCP Capital Partners