In Boca Raton, many creative startups are changing different industries. This list shares the top 2 unicorns in Boca Raton, each worth more than $1 billion. These leading companies are changing areas like, fintech, e-commerce, AI, etc, making Boca Raton a center of innovation. Learn about the amazing companies that call Boca Raton home.
List of Top 2 Unicorns in Boca Raton
1. Material Bank
Material Bank is a US-based material sampling and logistics platform that provides solutions for interior design and architecture. The company’s platform includes features such as material search, sample ordering, and delivery tracking, with a focus on enabling designers and architects to find and test materials easily and efficiently. Material Bank has partnerships with leading material suppliers and has raised significant funding to support its growth.
Company Details:
- Country: United States
- Valuation: $1.90 B
- Industry: E-commerce & direct-to-consumer
- Founded Year: –
- Total Funding Raised: –
- Joined Unicorn Club: 5/6/2022
- Key Investors: Bain Capital Ventures, SoftBank Group, Fifth Wall Ventures
- Total Investors: –
- Total Funding Deals: –
- Website: https://www.materialbank.com/
2. Modernizing Medicine
Modernizing Medicine is a healthcare technology company that develops Electronic Health Record (EHR) software and other digital solutions for medical practices. The company’s products are designed to streamline and optimize clinical workflows, improve patient outcomes, and enhance the patient experience.
Company Details:
- Country: United States
- Valuation: $1B
- Industry: Health
- Founded Year: 2010
- Total Funding Raised: $393.79M
- Joined Unicorn Club: 5/10/2017
- Key Investors: Warburg Pincus, Summit Partners, Sands Capital
- Total Investors: 6
- Total Funding Deals: 4
- Website: https://www.modmed.com/
Conclusion
In conclusion, the top 2 unicorn we’ve explored are just a glimpse into the many success stories that continue to emerge from Boca Raton. As these companies reshape industries and set new standards, Boca Raton is sure to secure its place as a global leader in innovation and growth.