In Waterloo, many creative startups are changing different industries. This list shares the top 2 unicorns in Waterloo, each worth more than $1 billion. These leading companies are changing areas like, fintech, e-commerce, AI, etc, making Waterloo a center of innovation. Learn about the amazing companies that call Waterloo home.
List of Top 2 Unicorns in Waterloo
1. eSentire
A Canadian cybersecurity company that provides cybersecurity solutions and services for businesses.
Company Details:
- Country: Canada
- Valuation: $1.10B
- Industry: Cybersecurity
- Founded Year: 2001
- Total Funding Raised: $287.88M
- Joined Unicorn Club: 2/22/2022
- Key Investors: Edison Partners, Georgian Partners, VentureLink
- Total Investors: 12
- Total Funding Deals: 2
- Website: https://www.esentire.com/
2. Axelar
A San Francisco-based blockchain interoperability platform that provides interoperability solutions and services for businesses.
Company Details:
- Country: Canada
- Valuation: $1B
- Industry: Internet software & services
- Founded Year: 2020
- Total Funding Raised: $63.75M
- Joined Unicorn Club: 2/15/2022
- Key Investors: Lemniscap VC, North Island Ventures, Polychain Capital
- Total Investors: 26
- Total Funding Deals: 1
- Website: https://axelar.network/
Conclusion
In conclusion, the top 2 unicorns we’ve explored are just a glimpse into the many success stories that continue to emerge from Waterloo. As these companies reshape industries and set new standards, Waterloo is sure to secure its place as a global leader in innovation and growth.