57 New Unicorns In 2017

In 2017, there were 57 startups that crossed the unicorn threshold, and they range from well-known companies, such as Reddit or Quora, to rapid-risers like China’s Toutiao (now valued at $20 billion), which has seemingly come out of nowhere.Investors have conviction that these companies will provide the platforms and products of the future, and they are placing big bets on them to deliver.

Will they live up to the hype, or will they ultimately end up in the unicorn graveyard?

Year	# of Unicorns	Largest Unicorn
2009	5	BloomEnergy
2010	6	Groupon
2011	15	Airbnb
2012	13	Pinterest
2013	20	Uber
2014	62	Slack
2015	81	Vox Media
2016	43	Compass
2017	57	Reddit