Learn how to validate your startup idea by pre-selling it, for only $80 (includes a free 1-hour consultancy call).
100 Top Unicorns
Download The List of the 100 Highest-Valued Unicorns

This free sheet contains all the information about the top 100 unicorns, including their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.

100 Top Unicorns
Download The List of the 100 Highest-Valued Private Startups

This free sheet contains all the information about the top 100 unicorns, including their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.

100 Accelerators & Incubators
Download Our List of The Top 100 Accelerators & Incubators

This free sheet contains 100 accelerators and incubators you can apply to today, along with information about the industries and stages they generally invest in.

The Founder's Handbook
Get Free Access to The Founder's Handbook

This free Notion document contains the best 100+ resources you need for building a successful startup, divided in 4 categories: Fundraising, People, Product, and Growth.

8 Social Media Startups that Became Unicorns

Ad

Around Logo

Video calls radically reimagined for the new way startup teams REALLY work today. Try Around for free →

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

This next list contains 8 companies in the Social Media industry that have achieved a valuation of more than $1 billion dollars; or in other words, have reached a so-called “Unicorn” status.

8 Social Media Unicorns Companies

Ad

Around Logo

Video calls radically reimagined for the new way startup teams REALLY work today. Try Around for free →

reddit

reddit

Reddit is a place for community, conversation, and connection with millions of users worldwide.

Details of the startup:

  • Valuation:

    $10.00

    B (

    July 2017

    )

  • Country:

    United States

  • City:

    San Francisco

  • Started in:

    2005

  • Founders:

    Aaron Swartz, Alexis Ohanian, Steve Huffman

  • Industries:

    Content, News, Social Bookmarking, Social Media, Social Network

  • Number of employees:

    500-1,000

  • Funding Amount:

    $1,487.23M

  • Number of funding rounds:

    8

  • Number of investors:

    28

here

Meesho

Meesho

Meesho run a successful operation that frees entrepreneurs to start a business without investing money.

Details of the startup:

  • Valuation:

    $4.90

    B (

    April 2021

    )

  • Country:

    India

  • City:

    Bengaluru

  • Started in:

    2015

  • Founders:

    Sanjeev Barnwal, Vidit Aatrey

  • Industries:

    E-Commerce Platforms, Mobile Apps, Retail, Social Media

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $1,061.37M

  • Number of funding rounds:

    11

  • Number of investors:

    32

here

ShareChat

ShareChat

ShareChat is an Indian regional social networking application that lets you create and customize your profile according to your location. The platform enables users to share video, audio, image, and text content in seven major local languages.

Details of the startup:

  • Valuation:

    $3.70

    B (

    April 2021

    )

  • Country:

    India

  • City:

    Bengaluru

  • Started in:

    2015

  • Founders:

    Ankush Sachdeva, Bhanu Pratap Singh, Farid Ahsan

  • Industries:

    Internet, Mobile Apps, Social Media, Social Network

  • Number of employees:

    500-1,000

  • Funding Amount:

    $1,276.70M

  • Number of funding rounds:

    13

  • Number of investors:

    23

here

DailyHunt

DailyHunt

DailyHunt provides a 24×7 mobile application that keeps you updated on the news from across the globe.

Details of the startup:

  • Valuation:

    $3.10

    B (

    December 2020

    )

  • Country:

    India

  • City:

    Bengaluru

  • Started in:

    2007

  • Founders:

    Chandu Sohoni, Umang Bedi, Umesh Kulkarni, Virendra Gupta

  • Industries:

    Information Technology, Language Learning, Mobile, News, Operating Systems, Social Media, Social News, Software

  • Number of employees:

    250-500

  • Funding Amount:

    $868.67M

  • Number of funding rounds:

    17

  • Number of investors:

    24

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:

    $476.00M

  • Number of funding rounds:

    4

  • Number of investors:

    15

here

IRL

IRL

IRL allows users to explore their social groups' event calendars and share their plans via a social app.

Details of the startup:

  • Valuation:

    $1.17

    B (

    June 2021

    )

  • Country:

    United States

  • City:

    San Francisco

  • Started in:

    2017

  • Founders:

    Abraham Shafi, Henry Khachatryan, Krutal Desai, Scott Banister

  • Industries:

    Apps, Mobile Apps, Social, Social Media, Social Network

  • Number of employees:

    10-50

  • Funding Amount:

    $197.00M

  • Number of funding rounds:

    4

  • Number of investors:

    12

here

Cameo

Cameo

Cameo is making personal video shoutouts affordable and accessible to everyone. From saying thank you to sharing your birthday wishes, they’re giving fans a platform where they can connect with their favorite people.

Details of the startup:

  • Valuation:

    $1.00

    B (

    March 2021

    )

  • Country:

    United States

  • City:

    Chicago

  • Started in:

    2016

  • Founders:

    Devon Townsend, Martin Blencowe, Steven Galanis

  • Industries:

    Information Technology, Marketplace, Media and Entertainment, Social Media

  • Number of employees:

    250-500

  • Funding Amount:

    $165.71M

  • Number of funding rounds:

    8

  • Number of investors:

    27

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
The All-In-One Newsletter for Startup Founders

Every week, I’ll send you Failory’s latest interviews and articles and 3 curated resources for founders. Join +16,000 other startup founders!