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Top 11 Open Source Unicorn Companies in 2022

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The Open Source industry 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 build the next unicorn in the Open Source space, these 11 companies should be your inspiration.

11 Open Source Unicorns Companies

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Grafana Labs

Grafana Labs

Grafana Labs is an open source software platform built to support monitoring, visualization, and metric analytics.

Details of the startup:

  • Valuation:

    $3.00

    B (

    August 2021

    )

  • Country:

    United States

  • City:

    New York

  • Started in:

    2014

  • Founders:

    Anthony Woods, Raj Dutt, Torkel Ödegaard

  • Industries:

    Analytics, Cloud Data Services, Data Visualization, Open Source

  • Number of employees:

    250-500

  • Funding Amount:

    $330.23M

  • Number of funding rounds:

    4

  • Number of investors:

    5

here

Odoo

Odoo

Odoo offers an integrated suite of business apps built through an open-source development model.

Details of the startup:

  • Valuation:

    $2.30

    B (

    July 2021

    )

  • Country:

    Belgium

  • City:

    Louvain-la-Neuve

  • Started in:

    2005

  • Founders:

    Fabien Pinckaers

  • Industries:

    E-Commerce, Human Resources, Open Source, Software

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $319.00M

  • Number of funding rounds:

    4

  • Number of investors:

    5

here

Redis Labs

Redis Labs

Redis is the sponsor of the open source database and delivers an enterprise-grade data platform to power real-time experiences.

Details of the startup:

  • Valuation:

    $2.00

    B (

    August 2020

    )

  • Country:

    United States

  • City:

    Mountain View

  • Started in:

    2011

  • Founders:

    Ofer Bengal, Yiftach Shoolman

  • Industries:

    Analytics, Big Data, Cloud Data Services, Database, Information Technology, Open Source, Software

  • Number of employees:

    500-1,000

  • Funding Amount:

    $706.60M

  • Number of funding rounds:

    10

  • Number of investors:

    12

here

Airbyte

Airbyte

Airbyte is an open-source data integration tool that enables the unification and connection of disparate data kinds.

Details of the startup:

  • Valuation:

    $1.50

    B (

    December 2021

    )

  • Country:

    United States

  • City:

    San Francisco

  • Started in:

    2020

  • Founders:

    John Lafleur, Michel Tricot

  • Industries:

    Analytics, Data Integration, Open Source, Productivity Tools, Supply Chain Management, Warehousing

  • Number of employees:

    1-10

  • Funding Amount:

    $220.00M

  • Number of funding rounds:

    5

  • Number of investors:

    23

here

dbt Labs

dbt Labs

dbt Labs develops an analytics engineering tool that prepares raw data in the warehouse for analysis.

Details of the startup:

  • Valuation:

    $1.50

    B (

    June 2021

    )

  • Country:

    United States

  • City:

    Philadelphia

  • Started in:

    2016

  • Founders:

    Connor McArthur, Drew Banin, Tristan Handy

  • Industries:

    Analytics, Big Data, Information Technology, Open Source, Software

  • Number of employees:

    100-250

  • Funding Amount:

    $193.90M

  • Number of funding rounds:

    3

  • Number of investors:

    4

here

Kong

Kong

Kong is a service connectivity platform that provides the modern enterprise with on-demand services using today’s most popular cloud technologies.

Details of the startup:

  • Valuation:

    $1.40

    B (

    December 2020

    )

  • Country:

    United States

  • City:

    San Francisco

  • Started in:

    2007

  • Founders:

    Augusto Marietti, Marco Palladino, Michele Zonca

  • Industries:

    Cloud Computing, Cloud Data Services, Developer APIs, Enterprise Software, Open Source, SaaS, Software

  • Number of employees:

    250-500

  • Funding Amount:

    $170.50M

  • Number of funding rounds:

    6

  • Number of investors:

    23

here

Panther Labs

Panther Labs

Panther Labs is a cloud-scale security analytics company that develops infrastructure security and compliance platform.

Details of the startup:

  • Valuation:

    $1.40

    B (

    December 2021

    )

  • Country:

    United States

  • City:

    San Francisco

  • Started in:

    2018

  • Founders:

    Jack Naglieri

  • Industries:

    Cloud Security, Cyber Security, IT Infrastructure, Open Source

  • Number of employees:

    50-100

  • Funding Amount:

    $140.38M

  • Number of funding rounds:

    4

  • Number of investors:

    11

here

YugaByte

YugaByte

Yugabyte is an open-source distributed SQL database for customers in industries such as cybersecurity, financial markets, and IoT.

Details of the startup:

  • Valuation:

    $1.30

    B (

    October 2021

    )

  • Country:

    United States

  • City:

    Sunnyvale

  • Started in:

    2016

  • Founders:

    Kannan Muthukkaruppan, Karthik Ranganathan, Mikhail Bautin

  • Industries:

    Cloud Infrastructure, Database, Enterprise Software, Open Source

  • Number of employees:

    250-500

  • Funding Amount:

    $290.00M

  • Number of funding rounds:

    5

  • Number of investors:

    10

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

Anyscale

Anyscale

With Ray, Anyscale accelerates the creation and deployment of any AI application, on any cloud, at any scale.

Details of the startup:

  • Valuation:

    $1.00

    B (

    December 2021

    )

  • Country:

    United States

  • City:

    San Francisco

  • Started in:

    2019

  • Founders:

    Ion Stoica, Michael I. Jordan, Philipp Moritz, Robert Nishihara

  • Industries:

    Developer Platform, Information Technology, Internet, Open Source, Software

  • Number of employees:

    100-250

  • Funding Amount:

    $160.60M

  • Number of funding rounds:

    3

  • Number of investors:

    9

here

Minio

Minio

MinIO offers high-performance, S3 compatible object storage for multi-cloud architectures. Software-defined, cloud-native + 100% opensource.

Details of the startup:

  • Valuation:

    $1.00

    B (

    January 2022

    )

  • Country:

    United States

  • City:

    Palo Alto

  • Started in:

    2014

  • Founders:

    Anand Babu Periasamy, Frederick Kautz, Garima Kapoor, Harshavardhana .

  • Industries:

    Big Data, Cloud Storage, Data Center, Internet, Open Source, Software

  • Number of employees:

    10-50

  • Funding Amount:

    $126.30M

  • Number of funding rounds:

    3

  • Number of investors:

    17

here
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