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The 18 Most Valuable Unicorns in Washington

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I'm sure you've heard the term unicorn before.

It refers to a privately held company that has achieved a $1 billion valuation.

These private companies are rare because reaching the billion-dollar mark is incredibly challenging.

Only 0.004% of all venture-backed companies achieve this distinction – but Washington is home to 18 unicorns including some of the biggest in the world.

The 18 Unicorns in Washington

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Tanium

Tanium

Tanium uses next-generation security analytics and automation technologies for enterprises to identify potential threats on their infrastructure.

Details of the startup:

  • Valuation:

    $9.00

    B (

    March 2015

    )

  • Country:

    United States

  • City:

    Kirkland

  • Started in:

    2007

  • Founders:

    David Hindawi, Orion Hindawi

  • Industries:

    Cyber Security, Enterprise Software, Information Technology, SaaS, Security

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $4,376.50M

  • Number of funding rounds:

    16

  • Number of investors:

    17

here

Icertis

Icertis

Icertis simplifies contract management and provides real-time insights. More than just a one-stop shop for contracts, Icertis takes all the guesswork out of ensuring compliance and mitigating risk.

Details of the startup:

  • Valuation:

    $5.00

    B (

    July 2019

    )

  • Country:

    United States

  • City:

    Bellevue

  • Started in:

    2009

  • Founders:

    Monish Darda, Samir Bodas

  • Industries:

    Artificial Intelligence, Cloud Data Services, CRM, Enterprise Software, Information Technology, Procurement, SaaS, Software

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $371.50M

  • Number of funding rounds:

    9

  • Number of investors:

    12

here

Outreach

Outreach

Outreach is an all-in-one sales engagement platform to increase sales productivity across the enterprise by optimising consumer interactions.

Details of the startup:

  • Valuation:

    $4.40

    B (

    April 2019

    )

  • Country:

    United States

  • City:

    Seattle

  • Started in:

    2011

  • Founders:

    Andrew Kinzer, Gordon Hempton, Manny Medina, Wes Hather

  • Industries:

    Analytics, Artificial Intelligence, CRM, Enterprise Software, Sales

  • Number of employees:

    500-1,000

  • Funding Amount:

    $489.78M

  • Number of funding rounds:

    14

  • Number of investors:

    36

here

Highspot

Highspot

Highspot is an AI-powered sales platform that makes use of machine learning and natural language processing (NLP) to deliver relevant, personalized content to your sales team, at scale.

Details of the startup:

  • Valuation:

    $3.50

    B (

    February 2021

    )

  • Country:

    United States

  • City:

    Seattle

  • Started in:

    2013

  • Founders:

    David Wortendyke, Oliver Sharp, Robert Wahbe, Scot Gellock

  • Industries:

    Artificial Intelligence, Enterprise Software, Sales Automation

  • Number of employees:

    500-1,000

  • Funding Amount:

    $652.85M

  • Number of funding rounds:

    9

  • Number of investors:

    13

here

Rec Room

Rec Room

Rec Room is a social network for gamers and creators. Play games, create your own levels, and share all with friends.

Details of the startup:

  • Valuation:

    $3.50

    B (

    March 2021

    )

  • Country:

    United States

  • City:

    Seattle

  • Started in:

    2016

  • Founders:

    Bilal Orhan, Cameron Brown, Dan Kroymann, John Bevis, Josh Wehrly, Nick Fajt

  • Industries:

    Augmented Reality, Gaming, Software, Virtual Reality

  • Number of employees:

    100-250

  • Funding Amount:

    $294.82M

  • Number of funding rounds:

    8

  • Number of investors:

    11

here

Convoy

Convoy

Convoy is a real-time, demand-based digital freight network to bring efficiency and transparency between shippers and carriers.

Details of the startup:

  • Valuation:

    $2.75

    B (

    September 2018

    )

  • Country:

    United States

  • City:

    Seattle

  • Started in:

    2015

  • Founders:

    Dan Lewis, Grant Goodale

  • Industries:

    Freight Service, Logistics, Service Industry, Supply Chain Management, Transportation

  • Number of employees:

    500-1,000

  • Funding Amount:

    $675.46M

  • Number of funding rounds:

    10

  • Number of investors:

    47

here

Temporal

Temporal

Temporal Technologies enables its users to build and operate resilient applications using developer-friendly primitives.

Details of the startup:

  • Valuation:

    $1.50

    B (

    February 2022

    )

  • Country:

    United States

  • City:

    Bellevue

  • Started in:

    2019

  • Founders:

    Maxim Fateev, Samar Abbas

  • Industries:

    Information Technology, Internet, Software

  • Number of employees:

    10-50

  • Funding Amount:

    $70.00M

  • Number of funding rounds:

    3

  • Number of investors:

    6

here

Zenoti

Zenoti

Zenoti offers a cloud-based spa management platform that enables salons and spas to manage their business operations in real time. It gives salons the ability to find, book, track, and manage all its services, inventory, employees, schedules, clients, purchases, bills and invoices.

Details of the startup:

  • Valuation:

    $1.50

    B (

    December 2020

    )

  • Country:

    United States

  • City:

    Bellevue

  • Started in:

    2010

  • Founders:

    Dheeraj Koneru, Saritha Katikaneni, Sudheer Koneru

  • Industries:

    Billing, Cloud Data Services, CRM, Enterprise Software, Marketing, Point of Sale, SaaS, Scheduling, Software

  • Number of employees:

    250-500

  • Funding Amount:

    $179.85M

  • Number of funding rounds:

    7

  • Number of investors:

    6

here

Cava Group

Cava Group

Cava Group is a Mediterranean food brand that specializes in chef-crafted dips and spreads.

Details of the startup:

  • Valuation:

    $1.30

    B (

    April 2021

    )

  • Country:

    United States

  • City:

    Washington

  • Started in:

    2010

  • Founders:

    Brett Schulman, Dimitri Moshovitis, Ike Grigoropoulos, Ronald M. Shaich, Theodore Xenohristos

  • Industries:

    Food and Beverage, Food Processing, Hospitality, Restaurants

  • Number of employees:

    5,000-10,000

  • Funding Amount:

    $678.35M

  • Number of funding rounds:

    10

  • Number of investors:

    9

here

Qumulo

Qumulo

Qumulo is the first and only distributed file platform that enables enterprises to store and manage all their file data -- regardless of where it resides -- in one place, with confidence.

Details of the startup:

  • Valuation:

    $1.20

    B (

    July 2020

    )

  • Country:

    United States

  • City:

    Seattle

  • Started in:

    2012

  • Founders:

    Aaron Passey, Neal Fachan, Peter Godman

  • Industries:

    Big Data, Cloud Data Services, Cloud Storage, Data Storage, Enterprise Software, Software

  • Number of employees:

    250-500

  • Funding Amount:

    $345.50M

  • Number of funding rounds:

    7

  • Number of investors:

    13

here

SeekOut

SeekOut

SeekOut gives companies a competitive edge in recruiting hard-to-find and diverse talent.

Details of the startup:

  • Valuation:

    $1.20

    B (

    January 2022

    )

  • Country:

    United States

  • City:

    Bellevue

  • Started in:

    2017

  • Founders:

    Aravind Bala, John Tippett, Vikas Manocha

  • Industries:

    Artificial Intelligence, Recruiting, SaaS, Software

  • Number of employees:

    100-250

  • Funding Amount:

    $188.20M

  • Number of funding rounds:

    4

  • Number of investors:

    4

here

Rebellion Defense

Rebellion Defense

Rebellion Defense provides artificial intelligence and machine learning solutions.

Details of the startup:

  • Valuation:

    $1.15

    B (

    September 2021

    )

  • Country:

    United States

  • City:

    Washington

  • Started in:

    2019

  • Founders:

    Chris Lynch, Nicole Camarillo, Oliver Lewis

  • Industries:

    Artificial Intelligence, Machine Learning, Software

  • Number of employees:

    100-250

  • Funding Amount:

    $150.00M

  • Number of funding rounds:

    2

  • Number of investors:

    5

here

Karat

Karat

Karat develops an interviewing cloud platform to solve the multi-decade global shortage of software engineers.

Details of the startup:

  • Valuation:

    $1.10

    B (

    October 2021

    )

  • Country:

    United States

  • City:

    Seattle

  • Started in:

    2014

  • Founders:

    Jeffrey Spector, Mohit Bhende

  • Industries:

    Information Technology, Recruiting, SaaS, Software Engineering

  • Number of employees:

    250-500

  • Funding Amount:

    $151.60M

  • Number of funding rounds:

    5

  • Number of investors:

    18

here

Morning Consult

Morning Consult

Morning Consult is a global decision intelligence company changing how modern leaders make smarter, faster, better decisions.

Details of the startup:

  • Valuation:

    $1.00

    B (

    June 2021

    )

  • Country:

    United States

  • City:

    Washington

  • Started in:

    2014

  • Founders:

    Alex Dulin, Kyle Dropp, Max Courtney, Michael Ramlet

  • Industries:

    Artificial Intelligence, Big Data, Business Intelligence, Consumer Research, Information Technology, Machine Learning, Market Research, Predictive Analytics

  • Number of employees:

    500-1,000

  • Funding Amount:

    $91.00M

  • Number of funding rounds:

    3

  • Number of investors:

    3

here

Vox Media

Vox Media

Vox Media is a digital media operator and content provider that provides smart, savvy, and engaging content with expert editorial insight.

Details of the startup:

  • Valuation:

    $1.00

    B (

    August 2015

    )

  • Country:

    United States

  • City:

    Washington

  • Started in:

    2011

  • Founders:

    Jerome Armstrong, Markos Moulitsas, Tyler Bleszinski

  • Industries:

    Digital Media, Internet, Journalism, Lifestyle, Sports

  • Number of employees:

    500-1,000

  • Funding Amount:

    $307.63M

  • Number of funding rounds:

    9

  • Number of investors:

    12

here

Amperity

Amperity

Amperity is an Intelligent Customer Data Platform that enables global consumer companies to maximize their revenue potential by accessing all of their customer data.

Details of the startup:

  • Valuation:

    $1.00

    B (

    July 2021

    )

  • Country:

    United States

  • City:

    Seattle

  • Started in:

    2016

  • Founders:

    Derek Slager, Kabir Shahani

  • Industries:

    Analytics, Big Data, Machine Learning, Marketing, SaaS, Software

  • Number of employees:

    250-500

  • Funding Amount:

    $217.30M

  • Number of funding rounds:

    5

  • Number of investors:

    17

here

Chronosphere

Chronosphere

Chronosphere provides a cloud-native monitoring solution that is scalable, dependable, and adaptable.

Details of the startup:

  • Valuation:

    $1.00

    B (

    October 2021

    )

  • Country:

    United States

  • City:

    Issaquah

  • Started in:

    2019

  • Founders:

    Martin Mao, Rob Skillington

  • Industries:

    Analytics, Cloud Infrastructure, Information Technology, Productivity Tools, SaaS, Software

  • Number of employees:

    100-250

  • Funding Amount:

    $255.34M

  • Number of funding rounds:

    3

  • Number of investors:

    9

here

PLACE

PLACE

Place is a real estate technology platform providing technology and services to real estate agents.

Details of the startup:

  • Valuation:

    $1.00

    B (

    November 2021

    )

  • Country:

    United States

  • City:

    Bellingham

  • Started in:

    2020

  • Founders:

    Ben Kinney, Chris Suarez

  • Industries:

    Property Management, Real Estate, Software

  • Number of employees:

    250-500

  • Funding Amount:

    $100.00M

  • Number of funding rounds:

    1

  • Number of investors:

    2

here
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