The largest and most sophisticated economy in the world, the US is a paradise for startups and tech companies, with the world-leading support ecosystem and massive venture capital ready to back promising businesses. The US is a perfect place for companies aiming at explosive growth and a great basecamp to conquer the world.
Operating in many industries, American startups are spearheading new businesses primarily through technology. With this reliance upon innovation to create new productive systems, these US companies are disrupting multiple industries including finance, real estate, travel, commerce, healthcare, transportation and even construction, shipping or aerospace. Primarily coming from Silicon Valley and the New England area, these young companies already operate throughout the United States, if not the entire world.
Some of them are already famous in the US and globally, reaching a large population with their products and services. But many of them are also less known, as they focus on certain business niches and take charge of problems faced by specific professions. All of the 30 startups presented hereafter have already reached the “unicorn” status, that is to say, a valuation of more than a billion dollars.
List of the 30 top-funded startups from the United States
Here is the list of the top 30 best-funded US startups with details about each company, the total amount of funds received by the company in US $ according to Crunchbase, as of March 2020, together with a direct link to the company’s website.
Note that some companies which have long been considered to be some of the prominent startups from the US, namely Uber and Lyft, were not included in this list as they have recently become public corporations and launched their initial public offering in stock exchanges. Therefore the status of “startup”, understood as a young company aiming at growing as fast as possible, does not apply to them any longer.
Note that this post is part of series:
- Top UK startups
- Top German startups
- Top Canadian startups
- Top Brazilian startups
- Top Indian startups
- Top Australian startups
Shortcuts to each startup
To facilitate your browsing in this long list, here are quick links to go directly to the details of any of the top 30 US startups. Be sure to also check the Top 10 startups’ summary after the list!
Industry: Media and Entertainment – Total funding: $ 1.3 Billion
Unity provides a real-time 3D development platform and tools to create, operate, and monetize experiences in the real-time world. It allows people at any level of skill to create and operate 3D contents and facilitate their ease-of-use and revenue-generating capabilities.
Industry: Health Care – Total funding: $ 1.3 Billion
Oscar is a company specializing in health insurance. It relies upon technology, design, and data to humanize health care and provide plans to individuals, couples, and families without health insurance in New York, New Jersey, California, and Texas.
Industry: Logistics – Total funding: $ 1.3 Billion
Flexport is a customs brokerage and freight forwarder relying upon modern technology. Through its online platform, Flexport allows global trade businesses to easily understand, purchase, manage, and track services, while its team of logistics experts relieves supply chain issues to ensure customers can receive their goods on time and at the lowest cost.
Industry: Media and Entertainment – Total funding: $ 1.4 Billion
Quibi creates short-form video content specifically designed for mobile devices. Funded by some of the largest companies in the media industry, including Disney, NBCUniversal, Sony Pictures, and many more, Quibi focuses on “quick bites” series of 10 minutes episodes.
Industry: Advertising – Total funding: $ 1.4 Billion
AppLovin is a mobile marketing platform. It provides a mobile game ecosystem with data-driven, real-time analytics and automation tools to help game developing studios create better gaming experiences and maximize their revenues from their products.
Industry: Data and Analytics – Total funding: $ 1.4 Billion
Snowflake is a data warehouse service. It provides fixed options as well as scalable, on-demand solutions to store and analyze data for companies to maximize performance, concurrency, and simplicity in data warehousing. Snowflake aims at combining the flexibility of big data platforms and the elasticity of the cloud at a fraction of the cost of traditional platforms.
Industry: Real Estate – Total funding: $ 1.5 Billion
Opendoor is a real estate platform helping home buyers, sellers and traders. Through its online platform, OpenDoor simplifies and accelerates the home selling process, while reducing the anxiety, uncertainty, and risk inherent in real estate transactions.
Industry: Social Media – Total funding: $ 1.5 Billion
Pinterest is a bookmarking platform focusing on images and visuals. It allows users to discover creative ideas and save their favorite images, by “pinning” them through personalized collections, called “boards”. It also allows users to contact each other and follow their activities on the site.
Industry: Financial Services – Total funding: $ 1.6 Billion
Avant specializes in providing personal loans. Relying upon big data and machine-learning algorithms, Avant’s financial services marketplace provides a customized and simplified approach to credit, allowing its users to find solutions to consolidate their debts, pay their expenses or vacations.
Industry: Gaming – Total funding: $ 1.6 Billion
Epic Games is a company that creates video games and provides game engine technology to third parties. It is the creator of multiple blockbuster games including Unreal, Gears of War, the Infinity Blade series, as well as Fortnite and Paragon.
Industry: Commerce and Shopping – Total funding: $ 1.6 Billion
Wish is an e-commerce platform primarily reaching its users through mobile devices. Offering affordable goods from a global network of suppliers, Wish relies upon state-of-the-art search technologies to deliver an entertaining, visual and personalized experience for each user.
Industry: Real Estate – Total funding: $ 1.6 Billion
Compass is a real estate company associating an online real estate platform with real estate experts. Operating as a real estate brokerage company, Compass powers a real estate listing app and website that connect people interested in buying, selling, and renting properties.
Industry: Consumer Internet – Total funding: $ 1.7 Billion
Vice Media is a media company operating a number of online and offline magazines about sex, drugs, music, fashion, photos, travel, sports, technology, food, not safe for work, and conflicts. It is also involved in print, event, music, online, television, and feature film, and publishes videos for the web.
Industry: Health Care – Total funding: $ 1.7 Billion
Grail develops medical devices specialized in the early detection of cancer. It is focusing on screening tests to reveal cancers at their beginning: when they are the most likely to be successfully cured. Grail works by combining science, technology, and population-scale clinical studies to find cancers at their most early stages.
Industry: Health Care – Total funding: $ 1.7 Billion
Intarcia Therapeutics is a biopharmaceutical company specialized in diseases requiring long-term chronic treatment. It notably produces drug delivery platforms stabilizing and delivering therapeutic proteins and peptides, drug delivery devices for the treatment of Hepatitis C, type 2 diabetes, and develops treatments program for obesity.
Industry: Science and Engineering – Total funding: $ 1.8 Billion
View is a glass-manufacturing company. It relies upon electrochromism to produce smart glass that increases and optimizes the amount of natural light in buildings. Thanks to its glass, View also improves energy efficiency and accelerates the development of smart and connected buildings.
Industry: Consumer Internet – Total funding: $ 1.9 Billion
Instacart is a company focusing on the delivery of groceries and home products. It allows customers to browse a wide variety of items that can be mixed from multiple local retail stores, including Safeway, Whole Foods, Super Fresh, Harris Teeter, Shaw’s, Mariano’s, Jewel-Osco, Stanley’s, and Costco.
Industry: Software – Total funding: $ 2 Billion
Palantir is a technology company specialized in big data integration and analysis. It works on solving some of the world’s most important questions through data analysis software for both the private and public sectors, including delivering disaster relief to building safer automobiles.
Industry: Transportation – Total funding: $ 2.1 Billion
Fair is a car leasing company. Focusing on the car-as-a-service concept, Fair provides cars that renters can use as long as they want and return at any time. Thanks to its approach, Fair increases and broadens the access to mobility to a larger number of drivers.
Industry: Food and Beverage – Total funding: $ 2.1 Billion
DoorDash is a food delivery service allowing users to order from local restaurants through a mobile application. Thanks to its digital platform and delivery logistics, restaurants can find new customers and reach a larger base via home delivery which they would not otherwise be able to provide.
Industry: Transportation – Total funding: $ 2.3 Billion
Faraday Future is a company that develops electric vehicles. It aims at developing global solutions for transportation, content, and ownership in order to alleviate the transportation industry from energy constraints, urban crowding, and demanding lifestyles.
Industry: Financial Services – Total funding: $ 2.5 Billion
Kabbage is a financial services company providing small businesses access to working capital. It aggregates a business’s data to estimate its health and calculate its required line of credit. Thanks to its online platform, Kabbage simplifies, automates and accelerates the application for credit.
Industry: Financial Services – Total funding: $ 2.5 Billion
SoFi – Social Finance – is a finance company providing a range of lending and wealth management services. Particularly catering to younger professionals, SoFi helps them to save, spend, borrow and invest whether they are looking to buy a home, save money on student loans, grow in their careers, or invest in the future.
Industry: Hardware – Total funding: $ 2.6 Billion
Magic Leap is an augmented reality company creating wearable technology to interact with digital devices and visualize data. It provides a headset that generates images indistinguishable from real objects and integrates them seamlessly into the user’s environment.
Industry: Transportation – Total funding: $ 3.1 Billion
Rivian is a car-manufacturer and automotive technology company. Developing a portfolio of products including semi-autonomous and electric vehicles, chassis and batteries, Rivian aims at advancing the shift to sustainable mobility.
Industry: Science and Engineering – Total funding: $ 3.2 Billion
SpaceX – Space Exploration Technologies Corporation – is a company dedicated to space transportation aiming at improving the cost and reliability of accessing space by a factor of ten. It designs, manufactures, and launches rockets and spacecraft, especially focusing on reusable launch vehicles.
Industry: Transportation – Total funding: $ 3.6 Billion
Argo AI is a company developing self-driving technology. Creating artificial intelligence to drive autonomous cars, Argo AI partners with companies of the automotive sector to help them make safer, more affordable, convenient, and accessible vehicles.
Industry: Consumer Internet – Total funding: $ 4.4 Billion
Airbnb is a marketplace dedicated to connecting travelers to rooms, apartments, houses and unique accommodations and experiences around the world. It helps list, discover, and book distinctive spaces and facilitates bookings and financial transactions.
Industry: Consumer Electronics – Total funding: $ 15.1 Billion
Juul is an electronics company specialized in nicotine vaporizers and alternatives for smokers. It provides vaporizers with regulated temperature control and that can be filled with e-liquid formulations including nicotine, natural oils, extracts, and flavor.
Industry: Real Estate – Total funding: $ 22.5 Billion
The We Company is a company dedicated to providing dynamic workspaces that enhance creativity, focus, and collaboration. It creates original and collaborative workspaces while providing an eco-system of infrastructure, services, events, and technologies for its members.
To give you a quick overview of the largest startups from the US in 2020, here is a synthesizing image regrouping the information of the top 10. Note that you can use this image to embed it on your website and other digital properties using the embed code below.
<a href="https://disfold.com/top-us-startups/" target="_blank" rel="noopener noreferrer"><img src="https://disfold.com/wp-content/uploads/2019/06/top-10-us-startups.jpg" alt="Top 10 US Startups 2020"></a>
Here are the top 30 best-funded startups from the US. Did we forget any? Did you buy any product or service from them? Which one do you think provides the most useful product or service? Let us know in the comments below!