The social media unicorn landscape is led by China's ByteDance, which holds a $300 billion valuation. The sector is global, with other key companies located in India, the United States, and Australia.
Among them are India's VerSe Innovation and ShareChat, both of which are valued at $5 billion.
Below is the full list of 6 Social Media unicorn startups at this time.
Top 6 Most Valuable Social Media Unicorns
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Get the Sheet for $50ByteDance builds a range of content platforms that use powerful recommendation engines to help people create and discover new media. They are the creators of TikTok, the globally recognized social media app for short-form video.
| Valuation | $300B (Joined April 2017) |
| Headquarters | Beijing, Beijing, China |
| Year Founded | 2012 |
| Founders | Rubo Liang, Yiming Zhang |
| Funding Amount | $9.5B |
| Company Size | Enterprise Organization (5,001+) |
| Last Funding Status | Private Equity |
| Top Investors | HSG, New Enterprise Associates, General Atlantic, Sequoia Capital, Morgan Stanley |
VerSe Innovation develops a technology platform that powers a family of content apps for India's local language users. They are best known for popular applications like the news aggregator Dailyhunt and the short video app Josh.
| Valuation | $5B (Joined December 2020) |
| Headquarters | Bangalore, Karnataka, India |
| Year Founded | 2007 |
| Founders | Shailendra Sharma, Umang Bedi, Virendra Gupta |
| Funding Amount | $1.7B |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Series J |
| Top Investors | Goldman Sachs, Z47, Glade Brook Capital Partners, B Capital, Peak XV Partners |
ShareChat created a social media platform that allows Indian users to create and consume content in their native languages. They also operate Moj, one of the country's leading short-form video apps.
| Valuation | $5B (Joined April 2021) |
| Headquarters | Bangalore, Karnataka, India |
| Year Founded | 2015 |
| Founders | Ankush Sachdeva, Bhanu Pratap Singh, Farid Ahsan |
| Funding Amount | $1.8B |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Series H |
| Top Investors | HarbourVest Partners, India Quotient, Lightspeed Venture Partners, Elevation Capital, Temasek Holdings |
Tinder created one of the world's most popular dating apps, connecting people based on mutual interest. They pioneered the swipe-based matching system, which lets users anonymously express interest and connects them only when it's reciprocated.
| Valuation | $3B |
| Headquarters | West Hollywood, California, United States |
| Year Founded | 2012 |
| Founders | Dinesh Moorjani, Jonathan Badeen, Justin Mateen, Nichole Christie, Sean Rad, Whitney Herd |
| Funding Amount | $50M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Venture Round |
| Top Investors | IAC, Benchmark |
Yotpo built an e-commerce marketing platform to help brands strengthen their direct-to-consumer relationships. They offer a full suite of solutions, including customer reviews, loyalty programs, and SMS marketing, to drive growth.
| Valuation | $1.4B (Joined March 2021) |
| Headquarters | New York, New York, United States |
| Year Founded | 2011 |
| Founders | Omri Cohen, Tomer Tagrin |
| Funding Amount | $436M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Corporate Round |
| Top Investors | Innovation Endeavors, Vertex Ventures Israel, Bessemer Venture Partners, Blumberg Capital, Vertex Ventures |
Linktree builds a platform that allows creators and brands to consolidate all their online content into a single, shareable landing page. Their tool is widely adopted across social media to help users direct their audience to multiple websites, products, and profiles.
| Valuation | $1.3B (Joined March 2022) |
| Headquarters | Collingwood, Victoria, Australia |
| Year Founded | 2016 |
| Founders | Alex Zaccaria, Anthony Zaccaria, Gilbert Campbell, Nick Humphreys |
| Funding Amount | $167.4M |
| Company Size | Mid-Size Team (51-250) |
| Last Funding Status | Series B |
| Top Investors | Airtree Ventures, UK Space Agency, Index Ventures, Coatue, Insight Partners |