Product Design Unicorns

8 Well-Known Unicorn Companies in the Product Design Industry

Startups are hard and becoming a unicorn startup is even harder, but here is a list of 8 product design companies that have achieved the unicorn status.

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Countless Product Design startups are being launched every day, and many fail because they did not learn from the success of other companies who've managed to rise above and join the unicorn club.

We just published this list of 8 well-known Product Design companies that impressed investors enough to achieve a $1 billion valuation.

8 Unicorn Companies in the Product Design Industry

ASR Microelectronics

ASR Microelectronics

ASR Microelectronics designs, develops, and sells globally microelectronic components for communications and computing applications based on a portfolio of technologies for power management, radio frequency , signal conversion, adaptive control, and interfaces.

Details of the startup:

  • Valuation:

    $1.60

    B (

    April 2020

    )

  • Country:

    China

  • City:

    Shanghai

  • Started in:

    2015

  • Founders:

    Vincent Tai

  • Industries:

    Electronics, Product Design, Semiconductor, Software

  • Number of employees:

    250-500

  • Funding Amount:

    $333,867,949

  • Number of funding rounds:

    4

  • Number of investors:

    15

here

Figma

Figma

Figma is a browser-based design tool for team collaboration.

Details of the startup:

  • Valuation:

    $2.00

    B (

    April 2020

    )

  • Country:

    United States

  • City:

    San Francisco

  • Started in:

    2012

  • Founders:

    Dylan Field, Evan Wallace

  • Industries:

    Collaboration, Developer Tools, Graphic Design, Internet, Product Design, Software, UX Design, Web Design

  • Number of employees:

    250-500

  • Funding Amount:

    $132,874,996

  • Number of funding rounds:

    5

  • Number of investors:

    24

here

HMD

HMD

HMD designs and produces quality mobile phones. They combine advanced tech with excellent quality for the best possible user experience.

Details of the startup:

  • Valuation:

    $1.00

    B (

    May 2018

    )

  • Country:

    Finland

  • City:

    Helsinki

  • Started in:

    2016

  • Founders:

    Jean-Francois Baril

  • Industries:

    Consumer Electronics, Customer Service, Manufacturing, Mobile Devices, Product Design

  • Number of employees:

    500-1,000

  • Funding Amount:

    $330,000,000

  • Number of funding rounds:

    2

  • Number of investors:

    6

here

InVisionApp

InVisionApp

InVisionApp helps teams of all skill levels to design, prototype and share interactive high-fidelity experiences.

Details of the startup:

  • Valuation:

    $1.90

    B (

    November 2017

    )

  • Country:

    United States

  • City:

    New York

  • Started in:

    2011

  • Founders:

    Ben Nadel, Clark Valberg

  • Industries:

    Apps, Collaboration, Internet, Mobile, Product Design, SaaS, Software, UX Design

  • Number of employees:

    500-1,000

  • Funding Amount:

    $350,200,000

  • Number of funding rounds:

    8

  • Number of investors:

    14

here

PAX Labs

PAX Labs

PAX Labs offers a premium line of vaporizers with industry-leading performance and award-winning style.

Details of the startup:

  • Valuation:

    $1.70

    B (

    October 2018

    )

  • Country:

    United States

  • City:

    San Francisco

  • Started in:

    2007

  • Founders:

    Adam Bowen, James Monsees

  • Industries:

    Cannabis, Consumer Electronics, Product Design

  • Number of employees:

    100-250

  • Funding Amount:

    $541,699,995

  • Number of funding rounds:

    7

  • Number of investors:

    11

here

Qingju

Qingju

Providing bike-sharing platforms and services to bike-sharing providers, Qingju is the future of modern transportation and a smart way to reach customers.

Details of the startup:

  • Valuation:

    No Data

    B (

    -

    )

  • Country:

    China

  • City:

    Chengdu

  • Started in:

    2018

  • Founders:

    No Data

  • Industries:

    Electric Vehicle, Product Design, Ride Sharing, Transportation

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $2,000,000,000

  • Number of funding rounds:

    3

  • Number of investors:

    3

here

Quora

Quora

Quora is a question-and-answer platform developed by a team of creators, engineers, and entrepreneurs with a mission to share and grow the world’s knowledge.

Details of the startup:

  • Valuation:

    $2.00

    B (

    April 2017

    )

  • Country:

    United States

  • City:

    Mountain View

  • Started in:

    2009

  • Founders:

    Adam D’Angelo, Charlie Cheever

  • Industries:

    Information Services, Internet, Product Design, Q&A, Social Media

  • Number of employees:

    500-1,000

  • Funding Amount:

    $226,000,000

  • Number of funding rounds:

    4

  • Number of investors:

    15

here

WalkMe

WalkMe

WalkMe is a no code Software-as-a-Service (SaaS) product to accelerate digital adoption and increase engagement.

Details of the startup:

  • Valuation:

    $1.00

    B (

    November 2018

    )

  • Country:

    United States

  • City:

    San Francisco

  • Started in:

    2011

  • Founders:

    Dan Adika, Eyal Cohen, Rephael Sweary

  • Industries:

    E-Learning, Guides, Mobile, Product Design, Product Management, SaaS, Software, UX Design

  • Number of employees:

    500-1,000

  • Funding Amount:

    $307,500,000

  • Number of funding rounds:

    9

  • Number of investors:

    9

here
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