In Long Beach, many creative startups are changing different industries. This list shares the top 2 unicorns in Long Beach, each worth more than $1 billion. These leading companies are changing areas like, fintech, e-commerce, AI, etc, making Long Beach a center of innovation. Learn about the amazing companies that call Long Beach home.
List of Top 2 Unicorns in Long Beach
1. iTrustCapital
iTrustCapital is a US-based investment platform that provides solutions for self-directed retirement accounts. The platform includes features such as cryptocurrency and gold investing, tax-advantaged accounts, and low fees, with a focus on enabling individuals to take control of their retirement investments. iTrustCapital has partnerships with leading custodians and has gained significant recognition for its innovative approach to self-directed retirement accounts.
Company Details:
- Country: United States
- Valuation: $1.30B
- Industry: Fintech
- Founded Year: 2018
- Total Funding Raised: $125M
- Joined Unicorn Club: 1/11/2022
- Key Investors: Left Lane Capital, Walden Venture Capital
- Total Investors: 2
- Total Funding Deals: 1
- Website: https://itrustcapital.com/
2. Zwift
Zwift is an online platform that allows users to connect their indoor exercise bikes and trainers to a virtual cycling world. Their platform provides a fun and immersive way to train and race with other cyclists from around the world.
Company Details:
- Country: United States
- Valuation: $1B
- Industry: E-commerce & direct-to-consumer
- Founded Year: 2014
- Total Funding Raised: $597M
- Joined Unicorn Club: 9/16/2020
- Key Investors: Novator Partners, True, Causeway Media Partners
- Total Investors: 13
- Total Funding Deals: 2
- Website: https://www.zwift.com/
Conclusion
In conclusion, the top 2 unicorns we’ve explored are just a glimpse into the many success stories that continue to emerge from Long Beach. As these companies reshape industries and set new standards, Long Beach is sure to secure its place as a global leader in innovation and growth.