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100 Top Unicorns
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12 Pharmaceutical Startups that Became Unicorns

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Once a company crosses the $1 Billion mark, it becomes part of a rare and exclusive club: The Unicorn Club.

This next list contains 12 companies in the Pharmaceutical industry that have achieved a valuation of more than $1 billion dollars; or in other words, have reached a so-called “Unicorn” status.

12 Pharmaceutical Unicorns Companies

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PointClickCare

PointClickCare

PointClickCare is the premier provider of web-based software and management services for long-term care facilities.

Details of the startup:

  • Valuation:

    $4.00

    B (

    January 2021

    )

  • Country:

    Canada

  • City:

    Mississauga

  • Started in:

    2000

  • Founders:

    Demetri Karagas, Steven Gutentag

  • Industries:

    Health Care, Personal Health, Pharmaceutical, Wellness

  • Number of employees:

    100-250

  • Funding Amount:

    $86.88M

  • Number of funding rounds:

    5

  • Number of investors:

    18

here

Medable

Medable

Medable is transforming clinical research and predictive medicine by creating a platform powered by patient generated data.

Details of the startup:

  • Valuation:

    $2.10

    B (

    October 2021

    )

  • Country:

    United States

  • City:

    Palo Alto

  • Started in:

    2013

  • Founders:

    James Sas, Michelle Longmire, Perry Robinson, Tim Smith

  • Industries:

    Medical Device, Messaging, Pharmaceutical

  • Number of employees:

    250-500

  • Funding Amount:

    $533.75M

  • Number of funding rounds:

    7

  • Number of investors:

    12

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:

    $2.00

    B (

    August 2021

    )

  • Country:

    China

  • City:

    Shenzhen

  • Started in:

    2014

  • Founders:

    Jian Ma, Lipeng Lai, Shuhao Wen

  • Industries:

    Artificial Intelligence, Biotechnology, Pharmaceutical

  • Number of employees:

    50-100

  • Funding Amount:

    $342.37M

  • Number of funding rounds:

    10

  • Number of investors:

    22

here

Truepill

Truepill

Truepill provides an API-connected healthcare infrastructure designed to revolutionize the patient experience.

Details of the startup:

  • Valuation:

    $1.60

    B (

    October 2021

    )

  • Country:

    United States

  • City:

    Hayward

  • Started in:

    2016

  • Founders:

    Sid Viswanathan, Umar Afridi

  • Industries:

    Health Care, Medical, mHealth, Pharmaceutical

  • Number of employees:

    250-500

  • Funding Amount:

    $256.06M

  • Number of funding rounds:

    7

  • Number of investors:

    17

here

Yaoshibang

Yaoshibang

Yaoshibang is a Chinese B2B pharmaceutical trading platform.

Details of the startup:

  • Valuation:

    $1.35

    B (

    June 2021

    )

  • Country:

    China

  • City:

    Guangzhou

  • Started in:

    2015

  • Founders:

    Zhang Buzhen

  • Industries:

    B2B, Pharmaceutical, Trading Platform

  • Number of employees:

    100-250

  • Funding Amount:

    $200.00M

  • Number of funding rounds:

    5

  • Number of investors:

    14

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:

    2020

  • Founders:

    Alexis Borisy, Peter Bach, Sandra Horning

  • Industries:

    Biotechnology, Health Care, Medical, Pharmaceutical

  • Number of employees:

    250-500

  • Funding Amount:

    $700.00M

  • Number of funding rounds:

    3

  • Number of investors:

    21

here

L&P Cosmetic

L&P Cosmetic

L&P Cosmetic is a dedicated team of cosmetic scientists and formulators dedicated to designing and creating the highest quality skin care products.

Details of the startup:

  • Valuation:

    $1.19

    B (

    January 2016

    )

  • Country:

    South Korea

  • City:

    Seoul

  • Started in:

    2009

  • Founders:

    Kwon Oh-sub

  • Industries:

    Beauty, Cosmetics, Pharmaceutical

  • Number of employees:

    100-250

  • Funding Amount:

    $118.64M

  • Number of funding rounds:

    2

  • Number of investors:

    2

here

Capsule

Capsule

Capsule is a healthcare technology company dedicated to reimagining the pharmacy from the ground up.

Details of the startup:

  • Valuation:

    $1.00

    B (

    April 2021

    )

  • Country:

    United States

  • City:

    New York

  • Started in:

    2016

  • Founders:

    Eric Kinariwala

  • Industries:

    Health Care, Pharmaceutical, Retail

  • Number of employees:

    250-500

  • Funding Amount:

    $570.00M

  • Number of funding rounds:

    6

  • Number of investors:

    22

here

Alto Pharmacy

Alto Pharmacy

Alto is a telehealth pharmacy designed to make healthcare more affordable and convenient.

Details of the startup:

  • Valuation:

    $1.00

    B (

    January 2020

    )

  • Country:

    United States

  • City:

    San Francisco

  • Started in:

    2015

  • Founders:

    Jamie Karraker, Mattieu Gamache-Asselin, Vlad Blumen

  • Industries:

    Consumer, Health Care, Medical, Pharmaceutical

  • Number of employees:

    250-500

  • Funding Amount:

    $588.07M

  • Number of funding rounds:

    8

  • Number of investors:

    25

here

Dxy.cn

Dxy.cn

DXY is an online community that brings together the world’s top doctors, organizations, and consumers in order to provide innovative ways to improve healthcare.

Details of the startup:

  • Valuation:

    $1.00

    B (

    April 2018

    )

  • Country:

    China

  • City:

    Hangzhou

  • Started in:

    2000

  • Founders:

    Jin Zhang, Tiantian Li

  • Industries:

    Consumer Software, Health Care, Life Science, Medical, mHealth, Pharmaceutical, Social Media, Software

  • Number of employees:

    100-250

  • Funding Amount:

    $672.00M

  • Number of funding rounds:

    5

  • Number of investors:

    6

here

Thirty Madison

Thirty Madison

Keeps is a startup aimed at preventing and slowing age-related hair loss.

Details of the startup:

  • Valuation:

    $1.00

    B (

    June 2021

    )

  • Country:

    United States

  • City:

    New York

  • Started in:

    2017

  • Founders:

    Demetri Karagas, Steven Gutentag

  • Industries:

    Health Care, Men's, Pharmaceutical, Wellness

  • Number of employees:

    10-50

  • Funding Amount:

    $205.00M

  • Number of funding rounds:

    3

  • Number of investors:

    11

here

Orca Bio

Orca Bio

Orca Bio is a fully integrated, clinical-stage company dedicated to designing, developing and commercializing cell-based therapeutics for blood cancers and other serious diseases.

Details of the startup:

  • Valuation:

    $1.00

    B (

    June 2020

    )

  • Country:

    United States

  • City:

    Menlo Park

  • Started in:

    2016

  • Founders:

    Ivan Dimov, Jeroen Bekaert, Nathaniel Fernhoff, Ronald Martell

  • Industries:

    Health Care, Medical, Pharmaceutical

  • Number of employees:

    100-250

  • Funding Amount:

    $192.00M

  • Number of funding rounds:

    3

  • Number of investors:

    10

here
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