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Abstract:One thing is obvious: 2019 was a good year for enterprise startups raising money at hefty valuations.
In 2019, over 140 companies worldwide became valued at $1 billion or more, earning the coveted title of unicorns, according to Crunchbase and CB Insights.We sifted through those databases to glean the US companies that service the enterprise B2B market.We limited our search to companies with products that could be used by just about any company — excluding those that serve very particular industries like finance or autonomous vehicles.Here are the 24 enterprise startups that became unicorns in 2019.Click here to read more BI Prime stories.A total of 142 companies worldwide became recognized as unicorns — startups with valuations of $1 billion or more — according to deal tracking database Crunchbase, which now tracks 538 such companies.The other well-known database, from market researcher CB Insights, is now tracking 430 unicorns worldwide.Business Insider sifted through those lists to find the companies that earned their horns in 2019 by offering their wares in the world of business-to-business (B2B). Which is to say: enterprise startups.For the sake of brevity, we limited this list to US companies with generalized enterprise business tech and did not include B2B companies that target specific needs of specific industries such autonomous vehicles or the finance industry.Even so, the list of new enterprise unicorns in 2019 tallied in at an impressive 24 companies. We are reporting the metrics on these companies including dates, estimated valuations and lead investors according to CB Insights' list of Global Unicorns. And one thing is obvious: 2019 was a good year for enterprise startups raising money at hefty valuations.Are you an insider with insight to share? Contact Julie Bort on encrypted chat app Signal at (970) 430-6112 using a non-work phone (no PR inquiries, please), or email at jbort@businessinsider.com. Open DMs on Twitter @Julie188
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The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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