In Miami, many creative startups are changing different industries. This list shares the top 6 unicorns in Miami, each worth more than $1 billion. These leading companies are changing areas like, fintech, e-commerce, AI, etc, making Miami a center of innovation. Learn about the amazing companies that call Miami home.
List of Top 6 Unicorns in Miami
1. Yuga Labs
An American blockchain-based gaming and entertainment company that provides digital collectibles and games.
Company Details:
- Country: United States
- Valuation: $4.00 B
- Industry: Internet software & services
- Founded Year: –
- Total Funding Raised: –
- Joined Unicorn Club: 3/22/2022
- Key Investors: Andreessen Horowitz, Thrive Capital, Sound Ventures
- Total Investors: –
- Total Funding Deals: –
- Website: https://yuga.io/
2. MoonPay
A British cryptocurrency purchasing platform that provides buying and selling solutions for cryptocurrencies.
Company Details:
- Country: United States
- Valuation: $3.40B
- Industry: Fintech
- Founded Year: 2019
- Total Funding Raised: $555M
- Joined Unicorn Club: 11/22/2021
- Key Investors: New Enterprise Associates, Coatue Management, Tiger Global Management
- Total Investors: 6
- Total Funding Deals: 1
- Website: https://www.moonpay.com/
3. Pipe
Pipe is a US-based fintech company that provides solutions for recurring revenue financing. The company’s platform includes features such as real-time cash flow analysis, instant funding, and flexible repayment terms, with a focus on enabling businesses to access capital without taking on debt. Pipe has partnerships with leading subscription-based businesses and has raised significant funding to support its growth.
Company Details:
- Country: United States
- Valuation: $2B
- Industry: Fintech
- Founded Year: 2019
- Total Funding Raised: $366M
- Joined Unicorn Club: 5/19/2021
- Key Investors: next47, MaC Venture Capital, FinVC
- Total Investors: 36
- Total Funding Deals: 1
- Website: https://www.pipe.com/
4. Kaseya
Kaseya is a US-based IT management software company that provides solutions for remote monitoring and management. The company’s platform includes features such as network monitoring, patch management, and ticketing system, with a focus on improving IT efficiency and security for businesses. Kaseya has partnerships with leading MSPs and IT service providers and has raised significant funding to support its growth.
Company Details:
- Country: United States
- Valuation: $2B
- Industry: Cybersecurity
- Founded Year: 2000
- Total Funding Raised: $617.57M
- Joined Unicorn Club: 3/27/2019
- Key Investors: Insight Partners, TPG Alternative & Renewable Technologies, Ireland Strategic Investment Fund
- Total Investors: 3
- Total Funding Deals: 1
- Website: https://www.kaseya.com/
5. Papa
Papa is a US-based healthcare company that provides solutions for senior care and companionship. The company’s platform includes features such as on-demand assistance, transportation, and socialization, with a focus on enabling seniors to age in place and maintain their independence. Papa has partnerships with leading healthcare and technology companies and has gained significant recognition for its innovative approach to senior care.
Company Details:
- Country: United States
- Valuation: $1.40B
- Industry: Health
- Founded Year: 2016
- Total Funding Raised: $242.05M
- Joined Unicorn Club: 11/4/2021
- Key Investors: Initialized Capital, Canaan Partners, Sound Ventures
- Total Investors: 14
- Total Funding Deals: 1
- Website: https://www.joinpapa.com
6. REEF Technology
REEF Technology provides parking, logistics, and food delivery solutions
Company Details:
- Country: United States
- Valuation: $1B
- Industry: Supply chain, logistics, & delivery
- Founded Year: 2015
- Total Funding Raised: $433.61M
- Joined Unicorn Club: 12/10/2018
- Key Investors: Target Global, UBS Asset Management, Mubadala Capital
- Total Investors: 9
- Total Funding Deals: 1
- Website: https://www.reeftechnology.com/
Conclusion
In conclusion, the top 6 unicorns we’ve explored are just a glimpse into the many success stories that continue to emerge from Miami. As these companies reshape industries and set new standards, Miami is sure to secure its place as a global leader in innovation and growth.