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Singapore Unicorns

Top 9 Unicorn Companies from Singapore

Here’s a complete list of unicorn companies founded in Singapore, which includes Grab and Lazada Group.

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Singapore 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 achieve it, these 9 companies can be your inspiration.

Top 9 Unicorn Companies from Singapore

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Grab

Grab

Grab is a multi-service platform that makes your transportation experience better.

Details of the startup:

  • Valuation:

    $14.30

    B (

    December 2014

    )

  • Country:

    Singapore

  • City:

    Singapore

  • Started in:

    2012

  • Founders:

    Anthony Tan, Tan Hooi Ling

  • Industries:

    Car Sharing, Financial Services, Food Delivery, Ride Sharing, Transportation

  • Number of employees:

    10,000+

  • Funding Amount:

    $12,147,750,000

  • Number of funding rounds:

    34

  • Number of investors:

    53

here

Grab Financial Group

Grab Financial Group

Grab Financial Group provides top-tier financial services that enable clients to leverage their balance sheets to succeed in today’s market.

Details of the startup:

  • Valuation:

    $3

    B (

    January 2021

    )

  • Country:

    Singapore

  • City:

    Midview City

  • Started in:

    2018

  • Founders:

    No Data

  • Industries:

    Financial Services, Insurance, Payments

  • Number of employees:

    10-50

  • Funding Amount:

    $300,000,000

  • Number of funding rounds:

    1

  • Number of investors:

    5

here

HyalRoute Communication Group

HyalRoute Communication Group

HyalRoute operates a multi-fiber universal connection point that provides the highest values of international network coverage, redundancy, and continuity.

Details of the startup:

  • Valuation:

    $3.50

    B (

    May 2020

    )

  • Country:

    Singapore

  • City:

    Singapore

  • Started in:

    2015

  • Founders:

    Xinglong Huang

  • Industries:

    Communications Infrastructure, Telecommunications, Wired Telecommunications

  • Number of employees:

    500-1,000

  • Funding Amount:

    $263,000,000

  • Number of funding rounds:

    1

  • Number of investors:

    1

here

Lazada Group

Lazada Group

Lazada is an online shopping and selling destination in Southeast Asia. It offers a wide variety of consumer electronics, fashion apparel, and consumer goods.

Details of the startup:

  • Valuation:

    $3.15

    B (

    June 2017

    )

  • Country:

    Singapore

  • City:

    Singapore

  • Started in:

    2012

  • Founders:

    Aimone Ripa di Meana, Alexandre Dardy, Armando Baquero Ponte, Bede Moore, Elizabeth Craft, Eugene Chistyakov, Fung Lestario, Inanc Balci, James Chang, Magnus Ekbom, Maximilian Bittner, Michael Mitterlehner, Pierre Poignant, Riccardo Basile, Stefan Bruun, Stein Jakob Oeie, Sundeep Sahni, Thomas Damek, Tim Rath

  • Industries:

    E-Commerce, Fashion, Internet, Shopping

  • Number of employees:

    5,000-10,000

  • Funding Amount:

    $4,209,739,556

  • Number of funding rounds:

    9

  • Number of investors:

    10

here

ONE Championship

ONE Championship

ONE Championship is Asia’s largest global sports media property with a unique vision for the martial arts industry.

Details of the startup:

  • Valuation:

    $1

    B (

    October 2018

    )

  • Country:

    Singapore

  • City:

    Singapore

  • Started in:

    2011

  • Founders:

    Chatri Sityodtong

  • Industries:

    Broadcasting, Media and Entertainment, News, Sports

  • Number of employees:

    250-500

  • Funding Amount:

    $336,000,000

  • Number of funding rounds:

    3

  • Number of investors:

    6

here

PatSnap

PatSnap

PatSnap is a marketplace and platform that provides frictionless access to all of the anonymous innovation intelligence you need.

Details of the startup:

  • Valuation:

    $1.00

    B (

    March 2021

    )

  • Country:

    Singapore

  • City:

    Singapore

  • Started in:

    2007

  • Founders:

    Jeffrey Tiong

  • Industries:

    Analytics, Artificial Intelligence, Business Intelligence

  • Number of employees:

    500-1,000

  • Funding Amount:

    $351,602,005

  • Number of funding rounds:

    6

  • Number of investors:

    12

here

QuEST Global Services

QuEST Global Services

QuEST Global Services provides high quality engineering services to a variety of companies operating at different scales – from start-ups to Fortune 500 companies.

Details of the startup:

  • Valuation:

    $2.50

    B (

    December 2019

    )

  • Country:

    Singapore

  • City:

    Singapore

  • Started in:

    1997

  • Founders:

    Ajit Prabhu, Aravind Melligeri

  • Industries:

    Consulting, Outsourcing, Software

  • Number of employees:

    10,000+

  • Funding Amount:

    $431,000,000

  • Number of funding rounds:

    3

  • Number of investors:

    5

here

Trax

Trax

Trax marketing solution enables retailers to increase sales, manage costs and invent new experiences for their customers at all phases of the purchase journey.

Details of the startup:

  • Valuation:

    $2.00

    B (

    July 2019

    )

  • Country:

    Singapore

  • City:

    Singapore

  • Started in:

    2010

  • Founders:

    Dror Feldheim, Joel Bar-El

  • Industries:

    Analytics, Computer Vision, E-Commerce, Image Recognition, Retail Technology

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $1,026,900,000

  • Number of funding rounds:

    10

  • Number of investors:

    10

here

V3 Group

V3 Group

V3 Group is committed to offering their residents the finest living, working, entertainment, and learning experiences in every property they develop.

Details of the startup:

  • Valuation:

    $1.70

    B (

    December 2018

    )

  • Country:

    Singapore

  • City:

    Singapore

  • Started in:

    1980

  • Founders:

    Ron SIM Chye Hock

  • Industries:

    Lifestyle

  • Number of employees:

    10-50

  • Funding Amount:

    SGD366,000,000

  • Number of funding rounds:

    1

  • Number of investors:

    1

here
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