In Los Altos, many creative startups are changing different industries. This list shares the top 3 unicorns in Los Altos, each worth more than $1 billion. These leading companies are changing areas like, fintech, e-commerce, AI, etc, making Los Altos a center of innovation. Learn about the amazing companies that call Los Altos home.
List of Top 3 Unicorns in Los Altos
1. Cerebras Systems
An American artificial intelligence hardware and software company that provides AI-powered solutions for businesses.
Company Details:
- Country: United States
- Valuation: $4B
- Industry: Hardware
- Founded Year: 2016
- Total Funding Raised: $718M
- Joined Unicorn Club: 11/14/2018
- Key Investors: Benchmark, Foundation Capital, Sequoia Capital
- Total Investors: 14
- Total Funding Deals: 3
- Website: https://www.cerebras.net/
2. Placer.ai
Placer.ai is a US-based location analytics company that provides solutions for retail and real estate data analysis. The platform includes features such as foot traffic analysis, consumer behavior insights, and market intelligence, with a focus on enabling businesses to make data-driven decisions about their retail and real estate strategies. Placer.ai has partnerships with leading retail and real estate organizations and has gained significant recognition for its innovative approach to location analytics.
Company Details:
- Country: United States
- Valuation: $1B
- Industry: Artificial intelligence
- Founded Year: 2016
- Total Funding Raised: $166.34M
- Joined Unicorn Club: 1/12/2022
- Key Investors: Fifth Wall Ventures, JBV Capital, Array Ventures
- Total Investors: 19
- Total Funding Deals: 1
- Website: https://www.placer.ai
3. Contrast Security
Contrast Security is a US-based cybersecurity company that provides solutions for application security. The platform includes features such as vulnerability scanning, threat detection, and real-time attack prevention, with a focus on enabling businesses to secure their applications throughout the software development lifecycle. Contrast Security has partnerships with leading cybersecurity and technology organizations and has gained significant recognition for its innovative approach to application security.
Company Details:
- Country: United States
- Valuation: $1B
- Industry: Cybersecurity
- Founded Year: 2014
- Total Funding Raised: $269M
- Joined Unicorn Club: 11/9/2021
- Key Investors: Acero Capital, General Catalyst, M12
- Total Investors: 11
- Total Funding Deals: 3
- Website: https://www.contrastsecurity.com/
Conclusion
In conclusion, the top 3 unicorns we’ve explored are just a glimpse into the many success stories that continue to emerge from Los Altos. As these companies reshape industries and set new standards, Los Altos is sure to secure its place as a global leader in innovation and growth.