In Redwood City, many creative startups are changing different industries. This list shares the top 12 unicorns in Redwood City, each worth more than $1 billion. These leading companies are changing areas like, fintech, e-commerce, AI, etc, making Redwood City a center of innovation. Learn about the amazing companies that call Redwood City home.
List of Top 12 Unicorns in Redwood City
1. Impossible Foods
An American food technology company that provides plant-based meat and dairy alternatives for consumers and businesses.
Company Details:
- Country: United States
- Valuation: $4B
- Industry: Consumer & retail
- Founded Year: 2011
- Total Funding Raised: $2.006B
- Joined Unicorn Club: 5/13/2019
- Key Investors: Khosla Ventures, Horizons Ventures, Temasek Holdings
- Total Investors: 38
- Total Funding Deals: 7
- Website: https://impossiblefoods.com/
2. Branch
An American mobile lending platform that provides financial services and solutions for individuals and businesses.
Company Details:
- Country: United States
- Valuation: $4B
- Industry: Mobile & telecommunications
- Founded Year: 2014
- Total Funding Raised: $542M
- Joined Unicorn Club: 9/10/2018
- Key Investors: New Enterprise Associates, Pear, Cowboy Ventures
- Total Investors: 15
- Total Funding Deals: 5
- Website: https://www.branchapp.com/
3. Course Hero
An American online learning platform that provides study resources and tutoring services for students and educators.
Company Details:
- Country: United States
- Valuation: $3.60B
- Industry: Edtech
- Founded Year: 2006
- Total Funding Raised: $475.68M
- Joined Unicorn Club: 2/12/2020
- Key Investors: NewView Capital, Maveron, Ridge Ventures
- Total Investors: 17
- Total Funding Deals: 4
- Website: https://www.coursehero.com/
4. Carbon
Carbon is a US-based 3D printing company that provides digital manufacturing solutions for businesses. The company’s platform includes a range of materials, printers, and software, with a focus on improving speed, quality, and customization. Carbon has partnerships with leading companies across multiple industries and has won numerous awards for its product innovation.
Company Details:
- Country: United States
- Valuation: $2.40B
- Industry: Hardware
- Founded Year: 2013
- Total Funding Raised: $692M
- Joined Unicorn Club: 8/20/2015
- Key Investors: Google Ventures, Sequoia Capital, Wakefield Group
- Total Investors: 24
- Total Funding Deals: 5
- Website: https://www.carbon3d.com/
5. Reltio
Reltio is a US-based master data management company that provides solutions for data-driven applications and analytics. The company’s platform includes features such as data quality, data governance, and machine learning, with a focus on enabling businesses to create and manage high-quality data for better decision-making. Reltio has partnerships with leading technology companies and has raised significant funding to support its growth.
Company Details:
- Country: United States
- Valuation: $1.70B
- Industry: Data management & analytics
- Founded Year: 2011
- Total Funding Raised: $240.5M
- Joined Unicorn Club: 11/4/2021
- Key Investors: Crosslink Capital, .406 Ventures, Sapphire Ventures
- Total Investors: 9
- Total Funding Deals: 4
- Website: https://www.reltio.com/
6. MOLOCO
MOLOCO is a US-based machine learning platform that provides solutions for programmatic advertising and marketing. The company’s platform includes features such as optimization, analytics, and automation, with a focus on enabling businesses to reach and engage their target audiences more effectively and efficiently. MOLOCO has partnerships with leading advertising and technology companies and has raised significant funding to support its growth.
Company Details:
- Country: United States
- Valuation: $1.50B
- Industry: Artificial intelligence
- Founded Year: 2013
- Total Funding Raised: $187.57M
- Joined Unicorn Club: 4/29/2021
- Key Investors: Smilegate Investment, DSC Investments, KTB Ventures
- Total Investors: 8
- Total Funding Deals: 3
- Website: https://www.molocoads.com/
7. Nimble Rx
Nimble Rx is a US-based pharmacy delivery and logistics company that provides solutions for medication management and delivery. The company’s platform includes features such as online ordering, prescription fulfillment, and medication synchronization, with a focus on enabling patients to easily manage their prescriptions and receive medications at their doorstep. Nimble Rx has partnerships with leading healthcare providers and has gained significant recognition for its innovative approach to pharmacy delivery.
Company Details:
- Country: United States
- Valuation: $1.40 B
- Industry: Health
- Founded Year: –
- Total Funding Raised: –
- Joined Unicorn Club: 6/14/2022
- Key Investors: Sequoia Capital, Four Rivers Group, DAG Ventures
- Total Investors: –
- Total Funding Deals: –
- Website: https://www.nimblerx.com/
8. HeartFlow
HeartFlow is a US-based healthcare technology company that provides solutions for non-invasive diagnosis and treatment planning for coronary artery disease. The company’s platform includes features such as personalized blood flow modeling, data analytics, and visualization tools, with a focus on enabling healthcare providers to deliver more accurate and efficient diagnosis and treatment for patients with coronary artery disease. HeartFlow has partnerships with leading healthcare providers and has gained significant recognition for its innovative approach to non-invasive cardiac care.
Company Details:
- Country: United States
- Valuation: $1.30B
- Industry: Health
- Founded Year: 2007
- Total Funding Raised: $542.41M
- Joined Unicorn Club: 12/4/2017
- Key Investors: BlueCross BlueShield Venture Partners, US Venture Partners
- Total Investors: 12
- Total Funding Deals: 9
- Website: https://www.heartflow.com/
9. Alation
Alation is a US-based data intelligence company that provides solutions for data cataloging and governance. The platform includes features such as automated metadata management, data lineage tracking, and collaboration tools, with a focus on enabling organizations to better understand, manage, and use their data. Alation has partnerships with leading data and technology companies and has gained significant recognition for its innovative approach to data intelligence.
Company Details:
- Country: United States
- Valuation: $1.20B
- Industry: Internet software & services
- Founded Year: 2012
- Total Funding Raised: $192M
- Joined Unicorn Club: 6/3/2021
- Key Investors: Costanoa Ventures, Data Collective, Salesforce Ventures
- Total Investors: 16
- Total Funding Deals: 4
- Website: https://www.alation.com
10. Material Security
Material Security is a US-based cybersecurity company that provides solutions for securing sensitive data and intellectual property. The platform includes features such as data discovery and classification, risk assessment, and incident response, with a focus on enabling organizations to protect their most valuable digital assets. Material Security has partnerships with leading cybersecurity and technology organizations and has gained significant recognition for its innovative approach to data security.
Company Details:
- Country: United States
- Valuation: $1.10 B
- Industry: Cybersecurity
- Founded Year: –
- Total Funding Raised: –
- Joined Unicorn Club: 5/11/2022
- Key Investors: Andreessen Horowitz, Founders Fund
- Total Investors: –
- Total Funding Deals: –
- Website: https://material.security/
11. Ivalua
Ivalua is a US-based procurement software company that provides solutions for sourcing and supplier management. The platform includes features such as spend analysis, contract management, and supplier performance tracking, with a focus on enabling businesses to optimize their procurement processes and improve supplier relationships. Ivalua has partnerships with leading procurement and technology organizations and has gained significant recognition for its innovative approach to procurement software.
Company Details:
- Country: United States
- Valuation: $1.10B
- Industry: Fintech
- Founded Year: 2000
- Total Funding Raised: $133M
- Joined Unicorn Club: 5/21/2019
- Key Investors: Ardian, Tiger Global Management, KKR
- Total Investors: 4
- Total Funding Deals: 1
- Website: https://www.ivalua.com/
12. Skydio
Skydio is a drone manufacturer that develops autonomous drones for commercial and industrial use cases. Their drones are designed to be highly reliable and safe, with advanced obstacle avoidance and other features.
Company Details:
- Country: United States
- Valuation: $1B
- Industry: Supply chain, logistics, & delivery
- Founded Year: 2014
- Total Funding Raised: $344M
- Joined Unicorn Club: 2/25/2021
- Key Investors: Andreessen Horowitz, Andreessen Horowitz, Institutional Venture Partners, Accel
- Total Investors: 12
- Total Funding Deals: 4
- Website: https://www.skydio.com/
Conclusion
In conclusion, the top 12 unicorns we’ve explored are just a glimpse into the many success stories that continue to emerge from Redwood City. As these companies reshape industries and set new standards, Redwood City is sure to secure its place as a global leader in innovation and growth.