In Boston, many creative startups are changing different industries. This list shares the top 23 unicorns in Boston, each worth more than $1 billion. These leading companies are changing areas like, fintech, e-commerce, AI, etc, making Boston a center of innovation. Learn about the amazing companies that call Boston home.
List of Top 23 Unicorns in Boston
1. OutSystems
A Portuguese software company that provides low-code development platforms for building enterprise applications.
Company Details:
- Country: United States
- Valuation: $9.50B
- Industry: Internet software & services
- Founded Year: 2001
- Total Funding Raised: $572.01M
- Joined Unicorn Club: 6/5/2018
- Key Investors: KKR, ES Ventures, North Bridge Growth Equity
- Total Investors: 13
- Total Funding Deals: 3
- Website: https://www.outsystems.com/
2. Klaviyo
An American marketing automation platform that provides email marketing and SMS marketing services for e-commerce businesses.
Company Details:
- Country: United States
- Valuation: $9.20B
- Industry: Internet software & services
- Founded Year: 2012
- Total Funding Raised: $678.5M
- Joined Unicorn Club: 11/17/2020
- Key Investors: Summit Partners, Accel, Astral Capital
- Total Investors: 15
- Total Funding Deals: 3
- Website: https://www.klaviyo.com/
3. Snyk
An American cybersecurity software company that provides security solutions for open-source software and application development.
Company Details:
- Country: United States
- Valuation: $8.60B
- Industry: Cybersecurity
- Founded Year: 2015
- Total Funding Raised: $1.026B
- Joined Unicorn Club: 1/21/2020
- Key Investors: BOLDstart Ventures, Google Ventures, Accel
- Total Investors: 26
- Total Funding Deals: 9
- Website: https://snyk.io/
4. DataRobot
An American artificial intelligence company that provides automated machine learning and predictive analytics solutions.
Company Details:
- Country: United States
- Valuation: $6.30B
- Industry: Artificial intelligence
- Founded Year: 2012
- Total Funding Raised: $1.089B
- Joined Unicorn Club: 7/29/2019
- Key Investors: New Enterprise Associates, Accomplice, IA Ventures
- Total Investors: 36
- Total Funding Deals: 7
- Website: https://www.datarobot.com/
5. Globalization Partners
An American human resources and global employment solutions company that provides global expansion and staffing solutions.
Company Details:
- Country: United States
- Valuation: $4.20B
- Industry: Internet software & services
- Founded Year: 2012
- Total Funding Raised: $353.5M
- Joined Unicorn Club: 1/24/2022
- Key Investors: Vista Equity Partners, Wincove, TDR Capital
- Total Investors: 5
- Total Funding Deals: 1
- Website: https://www.globalization-partners.com/
6. Intarcia Therapeutics
An American biopharmaceutical company that provides implantable drug delivery solutions for chronic diseases.
Company Details:
- Country: United States
- Valuation: $3.80B
- Industry: Health
- Founded Year: 1995
- Total Funding Raised: $1.487B
- Joined Unicorn Club: 4/1/2014
- Key Investors: New Enterprise Associates, New Leaf Venture Partners, Charter Venture Capital
- Total Investors: 38
- Total Funding Deals: 14
- Website: https://www.intarcia.com/
7. Whoop
An American wearable fitness and health technology company that provides fitness and health monitoring solutions for athletes.
Company Details:
- Country: United States
- Valuation: $3.60B
- Industry: E-commerce & direct-to-consumer
- Founded Year: 2012
- Total Funding Raised: $404.38M
- Joined Unicorn Club: 10/28/2020
- Key Investors: NextView Ventures, Promus Ventures, Two Sigma Ventures
- Total Investors: 36
- Total Funding Deals: 6
- Website: https://www.whoop.com/
8. Indigo Ag
An American agricultural technology company that provides agricultural solutions and services for farmers and growers.
Company Details:
- Country: United States
- Valuation: $3.50B
- Industry: Artificial intelligence
- Founded Year: 2014
- Total Funding Raised: $1.177B
- Joined Unicorn Club: 9/26/2017
- Key Investors: Activant Capital Group, Alaska Permanent Fund, Baillie Gifford & Co.
- Total Investors: 10
- Total Funding Deals: 5
- Website: https://www.indigoag.com/
9. Starburst
An American data analytics and business intelligence platform that provides analytics solutions and services for businesses.
Company Details:
- Country: United States
- Valuation: $3.35B
- Industry: Data management & analytics
- Founded Year: 1999
- Total Funding Raised: –
- Joined Unicorn Club: 1/6/2021
- Key Investors: Index Ventures, Coatue Management, Andreessen Horowitz
- Total Investors: 1
- Total Funding Deals: –
- Website: https://www.starburstdata.com/
10. Circle
Circle is a US-based fintech company that provides digital currency products and services for businesses and consumers. The company’s platform allows users to buy, sell, and store digital currencies, as well as send and receive payments using blockchain technology. Circle has raised significant funding to support its growth and expansion.
Company Details:
- Country: United States
- Valuation: $3B
- Industry: Fintech
- Founded Year: 2013
- Total Funding Raised: $712.5M
- Joined Unicorn Club: 5/15/2018
- Key Investors: General Catalyst, Digital Currency Group, Accel
- Total Investors: 34
- Total Funding Deals: 6
- Website: https://www.circle.com/
11. Cybereason
Cybereason is a US-based cybersecurity company that provides endpoint detection and response solutions for businesses. The company’s platform uses AI and machine learning to detect and respond to cyber threats, with a focus on improving threat hunting and incident response. Cybereason has partnerships with leading technology companies and has won numerous awards for its product innovation.
Company Details:
- Country: United States
- Valuation: $2.44B
- Industry: Cybersecurity
- Founded Year: 2012
- Total Funding Raised: $713.62M
- Joined Unicorn Club: 8/6/2019
- Key Investors: SoftBank Group, CRV, Spark Capital
- Total Investors: 8
- Total Funding Deals: 5
- Website: https://www.cybereason.com/
12. BitSight Technologies
BitSight Technologies is a US-based cybersecurity ratings company that provides data-driven insights and analytics for risk management and compliance. The company’s platform includes features such as security ratings, risk assessment, and benchmarking, with a focus on improving cybersecurity performance and reducing risk exposure. BitSight Technologies has partnerships with leading insurers and has won numerous awards for its product innovation.
Company Details:
- Country: United States
- Valuation: $2.40B
- Industry: Cybersecurity
- Founded Year: 2013
- Total Funding Raised: $390M
- Joined Unicorn Club: 9/13/2021
- Key Investors: Menlo Ventures, GGV Capital, Flybridge Capital Partners
- Total Investors: 9
- Total Funding Deals: 5
- Website: https://www.bitsight.com/
13. Reify Health
Reify Health is a US-based healthcare technology company that provides solutions for clinical trial management and patient engagement. The company’s platform includes features such as protocol design, patient recruitment, and telemedicine, with a focus on improving trial efficiency and patient access. Reify Health has partnerships with leading pharmaceutical companies and has raised significant funding to support its growth.
Company Details:
- Country: United States
- Valuation: $2.20B
- Industry: Health
- Founded Year: 2012
- Total Funding Raised: $257.64M
- Joined Unicorn Club: 8/10/2021
- Key Investors: Sierra Ventures, Battery Ventures, Asset Management Ventures
- Total Investors: 8
- Total Funding Deals: 2
- Website: https://www.reifyhealth.com/
14. Motif FoodWorks
Motif FoodWorks is a US-based food technology company that provides solutions for plant-based food innovation and development. The company’s platform includes features such as ingredient discovery, optimization, and formulation, with a focus on creating sustainable and delicious food options. Motif FoodWorks has partnerships with leading food companies and has raised significant funding to support its growth.
Company Details:
- Country: United States
- Valuation: $2.20 B
- Industry: Consumer & retail
- Founded Year: –
- Total Funding Raised: –
- Joined Unicorn Club: 6/16/2021
- Key Investors: General Atlantic, Breakthrough Energy Ventures, Viking Global Investors
- Total Investors: –
- Total Funding Deals: –
- Website: https://www.motiffoodworks.com/
15. Salsify
Salsify is a US-based product experience management platform that provides solutions for ecommerce and retail. The company’s platform includes features such as digital asset management, product information management, and syndication, with a focus on improving product content and customer experiences. Salsify has partnerships with leading brands and retailers and has raised significant funding to support its growth.
Company Details:
- Country: United States
- Valuation: $2.00 B
- Industry: Internet software & services
- Founded Year: –
- Total Funding Raised: –
- Joined Unicorn Club: 4/13/2022
- Key Investors: Matrix Partners, North Bridge Venture Partners, Venrock
- Total Investors: –
- Total Funding Deals: –
- Website: https://www.salsify.com/
16. ConcertAI
ConcertAI is a US-based healthcare technology company that provides solutions for oncology real-world evidence and AI-powered clinical decision support. The company’s platform includes features such as data integration, machine learning, and natural language processing, with a focus on improving cancer patient outcomes and advancing cancer research. ConcertAI has partnerships with leading healthcare providers and has raised significant funding to support its growth.
Company Details:
- Country: United States
- Valuation: $1.90 B
- Industry: Artificial Intelligence
- Founded Year: –
- Total Funding Raised: –
- Joined Unicorn Club: 3/29/2022
- Key Investors: Sixth Street Partners, Declaration Partners, Maverick Ventures Israel
- Total Investors: –
- Total Funding Deals: –
- Website: https://www.concertai.com/
17. CFGI
CFGI is a US-based financial consulting and outsourcing company that provides solutions for accounting, finance, and operations. The company’s platform includes services such as financial reporting, tax compliance, and transaction advisory, with a focus on enabling businesses to optimize their financial performance and efficiency. CFGI has partnerships with leading accounting firms and has won multiple awards for its services.
Company Details:
- Country: United States
- Valuation: $1.85B
- Industry: Fintech
- Founded Year: 2000
- Total Funding Raised: $18.58M
- Joined Unicorn Club: 9/15/2021
- Key Investors: The Carlyle Group, CVC Capital Partners
- Total Investors: 2
- Total Funding Deals: 1
- Website: https://www.cfgi.com/
18. ezCater
ezCater is a US-based technology company that provides solutions for corporate catering. The company’s platform includes features such as catering menus, order management, and delivery tracking, with a focus on enabling businesses to order and manage catering services more easily and efficiently. ezCater has partnerships with leading catering providers and has raised significant funding to support its growth.
Company Details:
- Country: United States
- Valuation: $1.60B
- Industry: Supply chain, logistics, & delivery
- Founded Year: 2007
- Total Funding Raised: $420.16M
- Joined Unicorn Club: 4/2/2019
- Key Investors: Insight Venture Partners, ICONIQ Capital, Launchpad Venture Group
- Total Investors: 21
- Total Funding Deals: 9
- Website: https://www.ezcater.com
19. Biofourmis
Biofourmis is a US-based digital therapeutics company that provides solutions for remote patient monitoring and personalized care. The company’s platform includes features such as AI-driven analytics, wearable devices, and mobile applications, with a focus on enabling healthcare providers to deliver personalized care to their patients. Biofourmis has partnerships with leading healthcare providers and has gained significant recognition for its innovative approach to digital therapeutics.
Company Details:
- Country: United States
- Valuation: $1.30 B
- Industry: Health
- Founded Year: –
- Total Funding Raised: –
- Joined Unicorn Club: 4/26/2022
- Key Investors: General Atlantic, CVS Health, MassMutual Ventures
- Total Investors: –
- Total Funding Deals: –
- Website: https://www.biofourmis.com/
20. Starry
Starry is a US-based technology company that provides solutions for high-speed internet access through wireless broadband technology. The company’s platform includes features such as proprietary fixed-wireless technology, easy installation, and flexible pricing, with a focus on enabling individuals and businesses to access reliable and affordable high-speed internet service. Starry has partnerships with leading telecom companies and has gained significant recognition for its innovative approach to wireless broadband technology.
Company Details:
- Country: United States
- Valuation: $1.29B
- Industry: Mobile & telecommunications
- Founded Year: 2014
- Total Funding Raised: $163M
- Joined Unicorn Club: 7/3/2018
- Key Investors: Social Capital, Bessemer Venture Partners
- Total Investors: 7
- Total Funding Deals: 4
- Website: https://starry.com
21. Wasabi
Wasabi is a US-based cloud storage company that provides solutions for cost-effective and scalable data storage. The platform includes features such as fast and reliable storage infrastructure, flexible data management, and advanced security and compliance capabilities, with a focus on enabling organizations to store and manage their data more efficiently and effectively. Wasabi has partnerships with leading cloud and technology organizations and has gained significant recognition for its innovative approach to cloud storage.
Company Details:
- Country: United States
- Valuation: $1.10 B
- Industry: Internet software & services
- Founded Year: –
- Total Funding Raised: –
- Joined Unicorn Club: 9/27/2022
- Key Investors: Forestay Capital, Alumni Ventures, NTT DoCoMo Ventures
- Total Investors: –
- Total Funding Deals: –
- Website: https://wasabi.com/
22. Immuta
Immuta is a US-based data management and security platform that provides solutions for managing sensitive data and protecting privacy. The platform includes features such as data governance, access control, and privacy compliance, with a focus on enabling businesses to securely manage and share data. Immuta has partnerships with leading technology and business organizations and has gained significant recognition for its innovative approach to data management and security.
Company Details:
- Country: United States
- Valuation: $1.00 B
- Industry: Data management & analytics
- Founded Year: –
- Total Funding Raised: –
- Joined Unicorn Club: 6/8/2022
- Key Investors: DFJ Growth Fund, Dell Technologies Capital, Ten Eleven Ventures
- Total Investors: –
- Total Funding Deals: –
- Website: https://www.immuta.com/
23. Vendr
Vendr is a US-based procurement platform that provides solutions for managing vendor contracts and spend. The platform includes features such as contract management, vendor insights, and purchasing analytics, with a focus on enabling businesses to streamline their procurement processes and reduce costs. Vendr has partnerships with leading procurement and technology organizations and has gained significant recognition for its innovative approach to procurement management.
Company Details:
- Country: United States
- Valuation: $1.00 B
- Industry: Fintech
- Founded Year: –
- Total Funding Raised: –
- Joined Unicorn Club: 2/24/2022
- Key Investors: Craft Ventures, F-Prime Capital, Sound Ventures
- Total Investors: –
- Total Funding Deals: –
- Website: https://www.vendr.com/
Conclusion
In conclusion, the top 23 unicorn we’ve explored are just a glimpse into the many success stories that continue to emerge from Boston. As these companies reshape industries and set new standards, Boston is sure to secure its place as a global leader in innovation and growth.