Most businesses start with small capital and grow to become multi million dollar enterprises. But there are some startup businesses that are already setup with a billion dollar investment. Here, we have created a list of such billion dollar startups in the market in the recent times.
Tanium is a cyber security platform founded by the father-son duo Orion and David Hindawi in 2007. With primary investment from Andreessen Horowits, the company raised a capital of $142 million. Tanium offers anti-hacking services to some of the biggest enterprises in the world, including Visa, Target, Nasdaq, Best Buy and the US Department of Defense.
Founded in 2010, Affirmed Networks is dedicated to providing mobile content cloud solutions to worldwide customers, including virtual mobile network, Wi-Fi, virtualization, virtual probe, analytics and service creation. They build software for running mobile networks as well. The company’s prime investors include Matrix Partners, CRV, Bessemer Venture Partners, Lightspeed Venture Partners and others. The company raised a capital of $163 million.
Kreditech is a digital banking service for individuals with no banking facilities. Founded by Alexander Graubner-Muller and Sebastian Diemer in 2012, it raised a capital of $274 million, and its primary investors include Point Nine Capital, Blumberg Capital, HPE Growth Capital, Global Founders Capital and Kreos Capital. They use a person’s online footprint to lend him loan within seconds. More than 2 million customers have used their service so far.
A restaurant food delivery service founded by Will Shu and Greg Orlowski in 2013. Notable investors include Accel Partners, Hoxton Ventures and Index Ventures. Deliveroo raised a capital of $30 million with valuation of over $100 million. More than 100,000 customers use this end-to-end delivery service.
Beepi an online marketplace for used cars founded by Owen Savir and Ale Resnik in 2013. With investments from Foundation Capital and Redpoint Ventures, the company raised a capital of $79 million with $200 million of valuation. It is operational in over 200 locations in 6 states.
John Sun, Al Goldstein and Paul Zhang founded Avant in 2012 as an enterprise to make personal loans. It raised a capital of $1.4 billion which currently stands for $875 million. Its notable investors include Peter Thiel, Tiger Global Management and August Capital. The company has around 200,000 customers worldwide, and is expanding its boundaries.
Rusty Hofmann and Owen Tripp founded Grand Rounds in 2012 with an aim to connect patients with the medical specialists. The company raised a capital of $51 million with investments from Harrison Metal, Venrock and Greylock Partners. It has a recommendation network of around 30,000 doctors, and grabbed $40 million contracts within a year.
Redfin is an Internet based real estate marketplace founded by David Eraker in 2004. Notable investors include Tiger Global, Greylock Partners and Vulcan Capital, and it raised a capital of $166 million. Till date, more than $20 billion have been closed by the company for home sales.
Datastax is a database platform founded by Matt Pfeil and Jonathan Ellis. With investments from Crosslink Capital, Next World Capital, Scale Venture Partners, DFJ Growth and more, it raised a capital of $190 million. It has over 500 customers, including Target, Safeway and Netflix, and it has the rate of handling 10 million transactions in a second. It works with some of the biggest enterprises in the world, and has partnerships with Microsoft, Google and Accenture.
All these companies entered the industry with a fairly big chance to win. They are already a success, and with their service and dedication, they thrived in the market to become the leaders.
20SHARESFacebookTwitterSubscribeSmartphones are …
132SHARESFacebookTwitterSubscribeToday’s most beloved …
132SHARESFacebookTwitterSubscribeConfidence is that …