The service industry's unicorn landscape is diverse, spanning from home services to AI robotics. This list covers seven key companies from North America and Asia.
China's Alibaba Bendi Shenghuo Fuwu Gongsi leads with a $30 billion valuation. In the US, Thumbtack has reached a valuation of $3.2 billion by connecting users with local professionals.
Below is the full list of 7 Service Industry unicorn startups at this time.
Top 7 Most Valuable Service Industry Unicorns
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250 BioTech & Health Investors
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250 AI Investors
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Get the Sheet for $50Alibaba Bendi Shenghuo Fuwu Gongsi provides on-demand local services through its major subsidiaries, Ele.me and Koubei. These platforms connect millions of users with food delivery, restaurant guides, and other local e-commerce services.
| Valuation | $30B |
| Headquarters | Beijing, Beijing, China |
| Year Founded | 2018 |
| Founders | Mohd Fairuz Razi bin Sharuddin |
| Funding Amount | $4B |
| Company Size | No Data |
| Last Funding Status | Private Equity |
| Top Investors | SoftBank Vision Fund, Ant Group, Primavera Capital Group, Alibaba Group |
Thumbtack built an online marketplace that connects homeowners with local professionals for various home services. Their platform allows users to find, hire, and manage skilled experts for projects ranging from minor repairs to major renovations.
| Valuation | $3.2B (Joined September 2015) |
| Headquarters | San Francisco, California, United States |
| Year Founded | 2008 |
| Founders | Jonathan Swanson, Marco Zappacosta, Sander Daniels |
| Funding Amount | $773.2M |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Series G |
| Top Investors | CapitalG, Sequoia Capital, G Squared, Tiger Global Management, Draper Associates |
EquipmentShare builds a comprehensive platform for the construction industry, combining equipment rentals with fleet management technology. Their system gives contractors the tools to track, manage, and rent heavy machinery, all aimed at improving job site productivity.
| Valuation | $1B |
| Headquarters | Columbia, Missouri, United States |
| Year Founded | 2015 |
| Founders | Brad Siegler, Jabbok Schlacks, Jeffrey Lowe, Matthew McDonald, William Schlacks |
| Funding Amount | $3.5B |
| Company Size | Enterprise Organization (5,001+) |
| Last Funding Status | Series E |
| Top Investors | Y Combinator, BDT & MSD Partners, Insight Partners, Tiger Global Management, Gaingels |
Beacon Software operates as a holding company, specializing in the acquisition and growth of software businesses. They provide a permanent home for the companies they purchase, focusing on long-term stability and success.
| Valuation | $1B |
| Headquarters | Toronto, Ontario, Canada |
| Year Founded | 2024 |
| Founders | — |
| Funding Amount | $250M |
| Company Size | Lean Team (11-50) |
| Last Funding Status | Series B |
| Top Investors | Eric Glyman, General Catalyst, Sator Grove Holdings, Lightspeed Venture Partners, BDT & MSD Partners |
Huasheng Haoche operates a Beijing-based automotive platform for vehicle trading and services. Their e-commerce marketplace connects consumers with a range of solutions, including vehicle sales and after-market support.
| Valuation | $1B |
| Headquarters | Beijing, Beijing, China |
| Year Founded | 2015 |
| Founders | Pengyun Chen, Xiaojun Ma |
| Funding Amount | $450.4M |
| Company Size | Enterprise Organization (5,001+) |
| Last Funding Status | Undisclosed |
| Top Investors | Crescent Point, China Minsheng Financial Holdings, JD Digits, Goldman Sachs, Frees Fund |
1KMXC develops intelligent service robots for commercial applications like last-mile delivery. Their platforms use artificial intelligence and machine learning to help businesses automate complex service tasks.
| Valuation | $1B (Joined August 2021) |
| Headquarters | Hangzhou, Zhejiang, China |
| Year Founded | 2013 |
| Founders | Hengzhi Shi |
| Funding Amount | $86.1M |
| Company Size | Mid-Size Team (51-250) |
| Last Funding Status | Series D |
| Top Investors | Alibaba Group, Centurium Capital, Goldman Sachs Asset Management, Regent Capital, Haoteng Asia |
58 Daojia runs an online platform for booking home services, from cleaning and moving to babysitting and beauty care. They connect users with a network of high-quality, vetted professionals to simplify managing household needs.
| Valuation | $1B (Joined October 2015) |
| Headquarters | Beijing, Beijing, China |
| Year Founded | 2014 |
| Founders | Jinbo Yao |
| Funding Amount | $300M |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Series A |
| Top Investors | Ping An, Kohlberg Kravis Roberts, Alibaba Group |