The Complete List of Decacorn Companies
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A decacorn company refers to a privately owned company with a valuation of more than $10 billion. Out of 1,230 unicorns, less than 4% have a valuation of over $10 billion.
We’ve prepared a complete list of decacorn startups. Along with data on valuation, search growth, and funding.
Total Number of Decacorn Companies (Globally): 48
Total Cumulative Valuation: $1.17T
1. Bytedance
5-year search growth: 231%
Search growth status: Regular
Year founded: 2012
Location: Beijing, China
Funding: $9.5B
Valuation: $225B
What they do: Bytedance is a mobile app developer. The startup’s product portfolio includes 8 apps, mostly related to social media and content discovery. TikTok alone has 834 million monthly active users. Bytedance’s revenue reached approximately $80 billion in 2022, a 29.66% increase over the previous year.
2. OpenAI
5-year search growth: 8600%
Search growth status: Regular
Year founded: 2015
Location: San Francisco, CA
Funding: $11.3B
Valuation: $80B
What they do: OpenAI is an AI research organization, widely known for ChatGPT. Popular chatbot from OpenAI currently has over 180 million users (and hit 100 million monthly active users in less than 2 months since launch, setting a record for the fastest growing user base).
3. Epic Games
5-year search growth: 76%
Search growth status: Regular
Year founded: 1991
Location: Cary, NC
Funding: $6.4B
Valuation: $31.5B
What they do: Epic Games is a video game development and publishing company. Fortnite (the popular game developed by Epic Games) has more than 350 million registered accounts. While the Epic Games Store monthly active user base reached 68 million monthly active users in 2022.
4. Revolut
5-year search growth: 313%
Search growth status: Exploding
Year founded: 2015
Location: London, England
Funding: $1.7B
Valuation: $33B
What they do: Revolut is a British fintech company that offers app-based banking services. The platform provides live exchange rates, direct transfers to bank accounts, cryptocurrency trading, and an expense tracker. In recent news, the company publicly stated their interest into the expansion of the cryptocurrency wallet and mortgage sectors, in hopes to attract more consumers. Revolut retail customer base hit 30 million (and making 400 million transactions monthly).
5. SpaceX
5-year search growth: 57%
Search growth status: Peaked
Year founded: 2002
Location: Hawthorne, CA
Funding: $9.8B
Valuation: $150B
What they do: SpaceX is a private company that designs and manufactures reusable rockets and spacecrafts. SpaceX is the only private company that has managed to fly astronauts to the International Space Situation (and achieved the lowest cost per seat with comparable alternatives). Their starship system (which is a reusable space vehicle currently in development) is designed to enable trips to the Moon and Mars in the future.
6. Deel
5-year search growth: 65%
Search growth status: Exploding
Year founded: 2019
Location: San Francisco, CA
Funding: $679M
Valuation: $12B
What they do: Deel is a payroll platform designed to help businesses pay teams of global remote contractors. Company claims it has over 20,000 businesses among its customers and hit $295 million in ARR as of early 2023.
7. Stripe
5-year search growth: 127%
Search growth status: Exploding
Year founded: 2010
Location: San Francisco, CA
Funding: $8.7B
Valuation: $50B
What they do: Stripe develops online payment processing software. With the growth in the e-commerce space overall, Stripe processing payment volume is on track to hit $1 trillion in 2023 (up from an estimated $350 billion in 2020.
8. Databricks
5-year search growth: 810%
Search growth status: Exploding
Year founded: 2013
Location: San Francisco, CA
Funding: $4.2B
Valuation: $43B
What they do: Databricks offers a unified data analytics platform. The product utilizes lakehouse architecture to simplify enterprise data infrastructure. Databricks currently has more than 10,000 businesses among its customers worldwide.
9. Rippling
5-year search growth: 359%
Search growth status: Exploding
Year founded: 2016
Location: San Francisco, CA
Funding: $1.2B
Valuation: $11.25B
What they do: Rippling is a B2B software platform that helps businesses manage HR, IT and finance tasks. The company claims to have over $100 million in ARR and more than 400,000 users.
10. Xiaohongshu
5-year search growth: 1567%
Search growth status: Exploding
Year founded: 2013
Location: Shanghai, China
Funding: $917.7M
Valuation: $20B
What they do: Xiaohongshu is a global shopping e-commerce platform built for users to interact, search, and share their experiences with purchased items. Often referred to as the Instagram of China, the platform boasts 200 million monthly users.
11. J&T Express
5-year search growth: 225%
Search growth status: Regular
Year founded: 2015
Location: Jakarta, Indonesia
Funding: $4.7B
Valuation: $20B
What they do: J&T Express is an Indonesian international shipping and logistics service. The company spans over 10 countries and provides services for over 2 billion people. In February 2022, J&T picked up another $2 billion in funding from several firms, vaulting its valuation to $20 billion.
12. Yuanfudao
5-year search growth: -88%
Search growth status: Peaked
Year founded: 2012
Location: Beijing, China
Funding: $4.1B
Valuation: $15.5B
What they do: Yuanfudao is a Chinese online tutoring platform. The platform mainly targets K12 students and includes virtual classes, live tutoring, and apps for math problem-solving. The service has over 400 million students in its user base.
13. DJI
5-year search growth: 11%
Search growth status: Exploding
Year founded: 2006
Location: Shenzhen, China
Funding: $107.8M
Valuation: $15B
What they do: DJI designs and manufactures aerial drones for consumer and professional use. The company’s latest consumer model (Mini 4 Pro) offers 48-megapixel photography and 4K video in a compact format. DJI is an undisputed market leader with a 76.1% market share in the US.
14. Canva
5-year search growth: 1567%
Search growth status: Exploding
Year founded: 2012
Location: Sydney, Australia
Funding: $572.6M
Valuation: $25.4B
What they do: Canva is an online graphic design tool. Their sizable templates library includes pre-set templates for social media visuals to presentations. Canva has more than 135 million monthly active users as of early 2023 (up from 75 million in 2021).
15. SHEIN
5-year search growth: 4050%
Search growth status: Exploding
Year founded: 2008
Location: Singapore
Funding: $4.1B
Valuation: $66B
What they do: SHEIN is a fast fashion e-commerce retailer. The company offers clothing, beauty, and home decor products. Company's revenue reportedly hit $22.7 billion in 2022.
16. Checkout.com
5-year search growth: 267%
Search growth status: Exploding
Year founded: 2012
Location: London, United Kingdom
Funding: $1.8B
Valuation: $11B
What they do: Checkout.com runs an online payments platform. The company’s solutions include a unified payments API, fraud management, and reporting tools.
17. Chime
5-year search growth: 8000%
Search growth status: Exploding
Year founded: 2013
Location: San Francisco, CA
Funding: $2.3B
Valuation: $25B
What they do: Chime is a digital-only bank. The company provides early direct deposit payments and no-fee overdrafts on select transactions. Chime has more than 14.5 million users (up from 5 million in 2019).
18. Miro
5-year search growth: 50%
Search growth status: Regular
Year founded: 2011
Location: San Francisco, CA
Funding: $476.3M
Valuation: $17.5B
What they do: Miro is a virtual collaboration tool that enables teams to share, create, and develop ideas visually. The company has been a crutch for virtual work as it comes paired with a variety of tools and gadgets to help users convey their ideas across a whiteboard. At the beginning of 2022, the platform received $400 million in its Series C funding round and has over 45 million users.
19. Plaid
5-year search growth: 91%
Search growth status: Peaked
Year founded: 2013
Location: San Francisco, CA
Funding: $734.3M
Valuation: $13.5B
What they do: Plaid offers an intermediary layer that connects fintech applications with bank accounts. The platform connects over 8,000 apps (including Curve, Wise, Monzo) with more than 12,000 financial institutions via API. Plaid custom base reached 7,500 in 2022 (up from 6,300 in 2021).
20. Fanatics
5-year search growth: 17%
Search growth status: Exploding
Year founded: 1995
Location: Jacksonville, FL
Funding: $4.9B
Valuation: $31B
What they do: Fanatics is a retailer of licensed sports apparel. The company has partnership agreements with more than 300 sports brands, including the NBA, NFL, and MLB. Fanatics’ revenue is estimated to hit $8 billion in 2023.
21. Discord
5-year search growth: 200%
Search growth status: Regular
Year founded: 2012
Location: San Francisco, CA
Funding: $995.4M
Valuation: $15B
What they do: Discord is an instant messaging and digital distribution software. While mostly used by gaming communities, forums have started to become an integral part of the platform. The company has over 150 million monthly active users.
22. JUUL
5-year search growth: -89%
Search growth status: Peaked
Year founded: 2015
Location: San Francisco, CA
Funding: $16.4B
Valuation: $12B
What they do: JUUL manufactures e-cigarettes. The company sells vaporizers in multiple color options and a line of cartridges in numerous flavor options with variable amounts of nicotine content.
23. Digital Currency Group
5-year search growth: 75%
Search growth status: Peaked
Year founded: 2015
Location: New York, NY
Funding: $1.3B
Valuation: $10B
What they do: Digital Currency Group is a venture capital firm that invests in the bitcoin, fintech, and blockchain sectors. Barry Silbert, who manages the fund, mentioned that they are attempting to create the largest early-stage investment portfolio for digital currency.
24. Bitmain
5-year search growth: -20%
Search growth status: Peaked
Year founded: 2013
Location: Beijing, China
Funding: $764.7M
Valuation: $12B
What they do: Bitmain is a hardware company that manufactures chips, servers, and cloud solutions for blockchain and AI use. The company already offers bitcoin miners and litecoin miners among others.
25. Gopuff
5-year search growth: 125%
Search growth status: Peaked
Year founded: 2013
Location: Philadelphia, PA
Funding: $3.4B
Valuation: $15B
What they do: Gopuff is a delivery platform that distributes anything from consumer goods to home essentials. While competitors like Doordash or Grubhub specialize in restaurant/fast food deliveries, GoPuff delivers directly from their warehouses, allowing them to provide faster delivery times.
26. Global Switch
5-year search growth: 33%
Search growth status: Regular
Year founded: 1998
Location: London, United Kingdom
Funding: $6.1B
Valuation: $11.1B
What they do: Global Switch operates a network of data centers across Europe and Asia. The total footprint of the company's carrier-neutral data centers is approximately 4.2 million sq ft.
27. Genki Forest (Yuanqi Senlin)
5-year search growth: 1200%
Search growth status: Peaked
Year founded: 2016
Location: Beijing, China
Funding: $721.3M
Valuation: $15B
What they do: Genki Forest or Yuanqi Senlin is a seltzer water and tea beverage manufacturer based in China. The company uses all-natural ingredients in their low-calorie, zero sugar beverages. Genki's spirited flavors have attracted mostly younger consumers in Asia. Additionally, the business has sold over 1 billion cans and bottles globally among their five self-owned factories.
28. Wiz
5-year search growth: -25%
Search growth status: Peaked
Year founded: 2020
Location: New York, NY
Funding: $900M
Valuation: $10B
What they do: Wiz is a cloud security company offering a self-service platform for businesses to help secure their infrastructure at scale. The company serves over 40% of Fortune 100 companies.
29. Lalamove (Huolala)
5-year search growth: 261%
Search growth status: Regular
Year founded: 2013
Location: Guangzhou, China
Funding: $2.475B
Valuation: $10B
What they do: Lalamove operates an on-demand last-mile delivery service. Like the Uber model, customers get matched with contract couriers, have access to real-time tracking, and can rate the service.
30. Ripple
5-year search growth: 100%
Search growth status: Peaked
Year founded: 2012
Location: San Francisco, CA
Funding: $293.8M
Valuation: $15B
What they do: Ripple operates a blockchain-powered payments network. With their decentralized digital asset (XRP), payments are processed within seconds, and typically cost less than a few cents in the commission fee.
31. OpenSea
5-year search growth: 500%
Search growth status: Peaked
Year founded: 2017
Location: New York, NY
Funding: $427.2M
Valuation: $13.3B
What they do: OpenSea is a peer-to-peer NFT marketplace that facilitates the trading of cryptocurrencies and digital assets. OpenSea’s all-time sales volume crossed $20 billion to date.
32. Grammarly
5-year search growth: 143%
Search growth status: Regular
Year founded: 2009
Location: San Francisco, CA
Funding: $400M
Valuation: $13B
What they do: Grammarly is a cloud-based communication assistant that provides automated support to users in real-time with writing suggestions. Founded over a decade ago, the company has amassed more than 30 million people and over 70,000 teams use Grammarly’s services.
33. Devoted Health
5-year search growth: 615%
Search growth status: Exploding
Year founded: 2017
Location: Waltham, MA
Funding: $2B
Valuation: $12.6B
What they do: Devoted Health is a healthcare provider that offers personalized medical plans for senior patients. The plans offered feature personal guides, contracts, Medicare advantage perks, and physician care. Although a fairly new company, Devoted Health’s revenue reached $1.1 billion in 2022, showing a 109% year-over-year increase.
34. Faire
5-year search growth: 19%
Search growth status: Regular
Year founded: 2017
Location: San Francisco, CA
Funding: $1.7B
Valuation: $12.59B
What they do: Faire is an online wholesale marketplace designed to assist retailers in mitigating inventory management. The company leverages AI and predictive analytics to speculate which items will be bought, allowing retailers to source and manage inventory efficiently. Over 100,000 brands are selling on the marketplace and the company claims to have processed 7 million connections via Faire between retailers and brands.
35. Brex
5-year search growth: 133%
Search growth status: Regular
Year founded: 2017
Location: San Francisco, CA
Funding: $1.5B
Valuation: $12.3B
What they do: Brex is an American financial services organization that offers an app-based credit card and expense management assistance for tech companies. The software was built to reduce time spent on cost management, accounting, and budgeting, enabling small businesses to protect their personal credit without limiting capital.
36. GoodLeap
5-year search growth: 8700%
Search growth status: Exploding
Year founded: 2003
Location: Roseville, CA
Funding: $800M
Valuation: $12B
What they do: GoodLeap is a fintech company that provides financing options for the residential solar industry sector. The platform offers solar loans, home loans, refinances, and home improvement loans to consumers along with instant approvals and high conversion rates. The mission of the organization is to empower individuals to buy their dream homes while saving them money. GoodLeap has over 40,000 sales professionals on its platform and provides services for financial institutions to utilize their capital in ESG assets.
37. Xingsheng Selected
5-year search growth: 0%
Search growth status: Peaked
Year founded: 2018
Location: Changsha, China
Funding: $5.2B
Valuation: $12B
What they do: Xingsheng Selected is a Chinese fresh produce e-commerce platform that provides food and household products for consumers. The company does so by operating in small grocery stores in neighborhoods, allowing individuals to conveniently buy items online with a quick delivery time. The demand for grocery deliveries surged during Covid-19 as more consumers began to order from home. According to their website, Xingsheng’s reach in China extends throughout 6 provinces, 1000 counties, and over 100,000 towns/rural areas.
38. Reddit
5-year search growth: 78%
Search growth status: Exploding
Year founded: 2005
Location: San Francisco, CA
Funding: $1.3B
Valuation: $10B
What they do: Reddit is a massive online forum where people can discuss topics on anything from video games to fine food. The platform has over 70 million daily active users.
39. Airtable
5-year search growth: 143%
Search growth status: Regular
Year founded: 2013
Location: San Francisco, CA
Funding: $1.4B
Valuation: $11.7B
What they do: Airtable is a cloud platform that allows users to build tools that meet their needs without any coding knowledge. The platform is primarily used for managing businesses' structured data, schedules, invoices, and inventory. Moreover, around 450,000 organizations use Airtable, which includes half of Fortune 500 companies among the paying user base.
40. ZongMu Technology
5-year search growth: 0%
Search growth status: Peaked
Year founded: 2013
Location: Shanghai, China
Funding: $367M
Valuation: $11.4B
What they do: Zongmu Technology is an advanced driving system manufacturer that sells autonomous technologies and products. The company offers driving system assistants, 2D and 3D panoramic vision systems, self-parking tools, and recording systems.
41. Celonis
5-year search growth: 267%
Search growth status: Regular
Year founded: 2011
Location: Munich, Germany
Funding: $1.4B
Valuation: $11B
What they do: Celonis is a data processing and management system designed to analyze business procedures as it relates to production, human resources, and logistics. The platform offers mining software processes that can be used to increase internal productivity and enable clients to improve efficiency.
42. Bolt
5-year search growth: 138%
Search growth status: Exploding
Year founded: 2014
Location: San Francisco, CA
Funding: $963M
Valuation: $11B
What they do: Bolt is a checkout experience platform built to support e-commerce businesses in driving new revenue. In a little over three years, the company has soared from a valuation of $250 million to now $11 billion. The company boasts 13.8 million shopper accounts and 836 active merchant accounts across their product lines.
43. Alchemy
5-year search growth: 50%
Search growth status: Peaked
Year founded: 2017
Location: San Francisco, CA
Funding: $563.9M
Valuation: $10.2B
What they do: Alchemy is a blockchain software built for developers to create blockchain applications. The platform allows users to build scalable apps without managing any infrastructure in-house. Additionally, Alchemy recently released a series of expansions including a buy now, pay later tool and their expansion into the Latin American market.
44. KuCoin
5-year search growth: 433%
Search growth status: Peaked
Year founded: 2017
Location: Victoria, Seychelles
Funding: $180M
Valuation: $10B
What they do: KuCoin is a cryptocurrency exchange supporting over 700 countries.
45. Gusto
5-year search growth: 51%
Search growth status: Regular
Year founded: 2011
Location: San Francisco, CA
Funding: $746.1M
Valuation: $10B
What they do: Gusto is a cloud-based HR management software that offers and manages payroll and employee benefits. The company's efforts are focused on small to medium-sized businesses and helping them manage and comply with HR requirements. Gusto serves over 300,000 businesses.
46. Chehaoduo
5-year search growth: -33%
Search growth status: Peaked
Year founded: 2015
Location: Beijing, China
Funding: $3.9B
Valuation: $10B
What they do: Chehaoduo is an online used car trading platform that connects car buyers and sellers.
47. Talkdesk
5-year search growth: 50%
Search growth status: Regular
Year founded: 2011
Location: San Francisco, CA
Funding: $497.5M
Valuation: $10B
What they do: Talkdesk is a cloud-based call center that has a number of AI features designed to help streamline telephone-based customer support.
48. Notion
5-year search growth: 3950%
Search growth status: Exploding
Year founded: 2016
Location: San Francisco, CA
Funding: $343.2M
Valuation: $10B
What they do: Notion is an online project management and note-taking software. The platform assists users in organizing workflows and guides individuals in writing, planning, and collaboration. The company has over 20 million users today, up from their April 2019 user count of only 1 million.
Conclusion
And that concludes our list of decacorn companies.
From self-driving to fintech, one thing that many decacorn startups have in common is a focus on scalable technology. And as new tech emerges (including AI, blockchain and IoT), we can expect even more startups with $10 billion valuations in the near future.
