The subscription service model has expanded far beyond media, now covering sectors from finance to fitness.
The group includes revenue management platform Chargebee, valued at $4 billion, and tech rental service Grover, which has raised $2.3 billion in funding. Other companies on the list operate in food delivery, fitness, and e-commerce.
Below is the full list of 10 Subscription Service unicorn startups at this time.
Top 10 Most Valuable Subscription Service Unicorns
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2,189 Accelerators & Incubators
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1,600+ Unicorns
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250 BioTech & Health Investors
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250 AI Investors
List of 250 startup investors in the AI and Machine Learning industries, along with their Twitter, LinkedIn, and email addresses.
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250 Fintech Investors
List of 250 startup investors in the FinTech and Finance industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50Chargebee develops a platform for subscription-based companies to manage their entire revenue lifecycle. Their software automates complex processes like recurring billing, invoicing, and revenue recognition, helping businesses scale more efficiently.
| Valuation | $4B |
| Headquarters | San Francisco, California, United States |
| Year Founded | 2011 |
| Founders | KP Saravanan, Krish Subramanian, Rajaraman Santhanam, Thiyagarajan Thiyagu |
| Funding Amount | $468.2M |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Series H |
| Top Investors | Insight Partners, Peak XV Partners, Accel, Sapphire Ventures, Tiger Global Management |
iFIT provides interactive personal training through its global subscription technology platform. The service streams on-demand workouts and classes from trainers to a wide range of connected fitness equipment.
| Valuation | $3B |
| Headquarters | Logan, Utah, United States |
| Year Founded | 1977 |
| Founders | Gary Stevenson, Scott Watterson |
| Funding Amount | $580M |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Private Equity |
| Top Investors | Planet Fitness, Pamplona Capital Management, L Catterton, Scott Watterson |
Gousto delivers meal kits with fresh, pre-portioned ingredients, offering a wide variety of recipes to choose from each week. Their platform uses AI to personalize weekly menus, giving subscribers extensive choice and variety.
| Valuation | $2B (Joined November 2020) |
| Headquarters | London, England, United Kingdom |
| Year Founded | 2012 |
| Founders | James Carter, Timo Boldt |
| Funding Amount | $675.7M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Venture Round |
| Top Investors | Canaccord Genuity Group, Business Growth Fund, HSBC, ACF Investors, SoftBank Vision Fund |
Recharge builds a subscription payments platform for e-commerce brands seeking to create recurring revenue streams. Their software helps merchants launch and scale subscription offerings to increase customer lifetime value.
| Valuation | $2B |
| Headquarters | Santa Monica, California, United States |
| Year Founded | 2014 |
| Founders | Michael Flynn, Oisin O'Connor |
| Funding Amount | $277M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Series B |
| Top Investors | Wealthing VC Club, Summit Partners, Bain Capital Ventures, ICONIQ Growth |
Misfits Market created a subscription service that rescues and delivers organic produce and other groceries directly to consumers. Their model makes high-quality, sustainable food more affordable and accessible while tackling the problem of food waste.
| Valuation | $2B (Joined April 2021) |
| Headquarters | Clackamas, Oregon, United States |
| Year Founded | 2018 |
| Founders | Abhi Ramesh, Edward Lando |
| Funding Amount | $526.5M |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Venture Round |
| Top Investors | Valor Equity Partners, Collide Capital, Quiet Capital, SoftBank Vision Fund, Accel |
Deliverect built a software platform that automatically funnels orders from various online delivery apps directly into a restaurant's point-of-sale system. This integration streamlines a restaurant's workflow, eliminating the need to manually re-enter orders and reducing costly errors.
| Valuation | $1.4B (Joined January 2022) |
| Headquarters | Ghent, Oost-Vlaanderen, Belgium |
| Year Founded | 2018 |
| Founders | Jan Hollez, Jelte Vrijhoef, Jerome Laredo, Zhong Xu |
| Funding Amount | $236.8M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Series D |
| Top Investors | Coatue, DST Global, Redpoint, OMERS Ventures, Newion |
Substack built a platform that makes it simple for writers to launch their own subscription-based publications. They focus on helping creators get paid directly by their readers, offering an alternative to traditional ad-based media models.
| Valuation | $1.1B (Joined July 2025) |
| Headquarters | San Francisco, California, United States |
| Year Founded | 2017 |
| Founders | Christopher Best, Hamish McKenzie, Jairaj Sethi |
| Funding Amount | $200.2M |
| Company Size | Mid-Size Team (51-250) |
| Last Funding Status | Series C |
| Top Investors | Andreessen Horowitz, Y Combinator, Bond, VentureSouq, Quiet Capital |
Grover created a subscription platform for renting tech products on a monthly basis instead of purchasing them. Their service makes the latest gadgets more accessible and provides a sustainable alternative to traditional ownership.
| Valuation | $1B (Joined April 2022) |
| Headquarters | Berlin, Berlin, Germany |
| Year Founded | 2015 |
| Founders | Michael Cassau |
| Funding Amount | $2.3B |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Venture Round |
| Top Investors | Seedcamp, Fasanara Capital, Commerzbank, Salica, Samsung NEXT |
FabFitFun delivers a seasonal subscription box with full-size products spanning beauty, wellness, fashion, and home. They offer a customizable experience for members to discover new and emerging brands each quarter.
| Valuation | $1B |
| Headquarters | Los Angeles, California, United States |
| Year Founded | 2010 |
| Founders | Daniel Broukhim, Katie Echevarria Rosen Kitchens, Michael Broukhim, Sam Teller |
| Funding Amount | $262.1M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Series A |
| Top Investors | Kleiner Perkins, 500 Global, New Enterprise Associates, G Squared, Thrive Capital |
Tackle created a platform to help software providers sell their products through cloud marketplaces like AWS, Google Cloud, and Microsoft Azure. Their tools are designed to accelerate revenue for B2B companies by simplifying the complex processes of listing, metering, and billing.
| Valuation | $1B |
| Headquarters | - |
| Year Founded | 2016 |
| Founders | Brian Denker, Dillon Woods |
| Funding Amount | $148.3M |
| Company Size | Mid-Size Team (51-250) |
| Last Funding Status | Series C |
| Top Investors | John Shaw, Coatue, Bessemer Venture Partners, Sandusky Ventures, Andreessen Horowitz |