Unicorn

7 Unicorn Drive: From Startup to a Billion Dollar Sale in 7 Years The Adventure of Iza and Samo Login

Retrieved on: 
Thursday, February 25, 2021
Outfit7, Video games, Unicorn, Talking Tom and Friends, Video gaming, Tomcat, Entertainment, Video game companies

Following the sale, they havebeen focusing their efforts on their Login5 Foundation and on making our planet a better place.

Key Points: 
  • Following the sale, they havebeen focusing their efforts on their Login5 Foundation and on making our planet a better place.
  • The Logins are the first married couple in the world to reach this level of accomplishment in businesscreating a true "unicorn" in such a short time.
  • 7 Unicorn Driveshares Outfit7's rise to unicorn statushow a scrappy startup of 8 people evolved into the inventors of the popular Talking Tom mobile app.
  • Influenced by the Giving Pledge, Iza and Samo Login established the Login5 Foundation in 2013.

Mambu Reports Company-Wide Growth in 2020

Retrieved on: 
Friday, January 29, 2021
Professional services, Technology, Finance, Software, Banking, Internet, Finance, Articles, Economy, Mambu, Financial technology, Unicorn, ING Group

Mambu, a cloud banking platform for banking and lending businesses, announced today it experienced company-wide growth during 2020.

Key Points: 
  • Mambu, a cloud banking platform for banking and lending businesses, announced today it experienced company-wide growth during 2020.
  • This announcement follows another year of approximately 100% YoY growth for Mambu in the banking software market, (positioning Mambu at its unicorn status with a $2.1 billion valuation.
  • Mambu was recognized for its innovation by the Fintech50 Hall of Fame for Consistent Innovation and 2020 CB Insights Fintech 250 list.
  • We are excited to look back and recognize the deliberate approach we took toward our strategic growth in 2020, said Johanna Pugh, North American Managing Director at Mambu.

Splashtop Announces $50M in New Funding, Achieving Coveted $1 Billion Valuation

Retrieved on: 
Wednesday, January 27, 2021
Remote desktop, Remote administration software, Splashtop, System administration, Internet protocols, Draper Fisher Jurvetson, Sapphire Ventures, Unicorn, Communication software

Led by existing investor Sapphire Ventures , the latest round also includes participation by other long-time Splashtop investors Storm Ventures, NEA and DFJ DragonFund.

Key Points: 
  • Led by existing investor Sapphire Ventures , the latest round also includes participation by other long-time Splashtop investors Storm Ventures, NEA and DFJ DragonFund.
  • Unlike the vast majority of the unicorns that ignore financial losses as they pursue high growth, Splashtop has been profitable since 2015 even while growing rapidly.
  • Also fueling Splashtop's valuation is recognition of the company's vision for disrupting the established remote access market.
  • More than 30 million users, including those in 85% of Fortune 500 enterprises, enjoy Splashtop products globally.

Unicorns.show Will Provide Scalable Startups With Access To Millions of Investors; Seeks Contenders

Retrieved on: 
Thursday, December 17, 2020
Finance, Money, Financial markets, Venture capital, Entrepreneurship, Private equity, Corporate finance, Equity securities, Pre-IPO, Unicorn, Initial public offering, Social venture capital

Unicorns.show is the beginning of a new genre - enrichtainment: programming that gives audience members the opportunity to become richer, instead of just being entertained."

Key Points: 
  • Unicorns.show is the beginning of a new genre - enrichtainment: programming that gives audience members the opportunity to become richer, instead of just being entertained."
  • The show will give priority to companies who have received venture capital funding or had their high-growth potential validated in other ways.
  • "Pre-IPO investing involves the risk of a total investment loss and the chance of seeing a hundred thousand percent returns.
  • Our job is to offer the audience the ability to invest in the emerging growth companies most likely to succeed."

Forge Sees Record Quarter with More Than 1,200 Trades, Hits $8.8B in Transaction Volume

Retrieved on: 
Thursday, December 17, 2020
Finance, Data management, Professional services, Technology, Software, Neologisms, Unicorn, Valuation, Financial markets, Investment

Forge Global, Inc. (Forge), today announced it has hit a significant milestone, completing more than $8.8 billion in transaction volume.

Key Points: 
  • Forge Global, Inc. (Forge), today announced it has hit a significant milestone, completing more than $8.8 billion in transaction volume.
  • The company completed more than 1,200 trades in Q3, breaking a single quarter record and doubling the number of transactions from Q3 2019.
  • Forges mission is to unlock the private markets for the mutual benefit of investors, equity holders and fast-growing private companies.
  • The number of newly minted unicorns continues to rise, far outpacing the number of exits as companies stay private longer.

QED Investors Expands into India Market with New Hire to Lead Southeast Asian Investments

Retrieved on: 
Thursday, November 19, 2020
Software, Banking, Mobile, Wireless, Networks, Internet, Professional services, Data management, Technology, Security, Finance, Other Technology, Telecommunications, Finance, Entrepreneurship, Money, Financial markets, Nigel Morris, Venture capital, Unicorn, QED International

QED Investors, a leading boutique venture capital firm focused on investing in early-stage, disruptive financial services companies, announced that it has entered the Indian and Southeast Asian market, hiring Sandeep Patil to lead its investments within the region.

Key Points: 
  • QED Investors, a leading boutique venture capital firm focused on investing in early-stage, disruptive financial services companies, announced that it has entered the Indian and Southeast Asian market, hiring Sandeep Patil to lead its investments within the region.
  • With the addition of Sandeep, QED will expand its global footprint, adding India and Southeast Asia to its existing work in North America, South America and the United Kingdom.
  • Founded in 2007, QED Investors has invested in more than 120 companies, including 13 unicorns, and has more than $1.8 billion under management.
  • QED Investors is a leading boutique venture capital firm based in Alexandria, VA, co-founded by Nigel Morris and Frank Rotman.

Tech Challengers Lead Innovation in Emerging Markets

Retrieved on: 
Tuesday, November 17, 2020
Articles, Economy, Economic geography, Emerging market, International development, Investment, Unicorn

More than 10,000 tech companies have been founded in emerging markets since 2014, 47% of them outside China.

Key Points: 
  • More than 10,000 tech companies have been founded in emerging markets since 2014, 47% of them outside China.
  • The BCG tech challengers represent 14 countries from all major regions and are active in multiple sectors that span both B2C and B2B.
  • Slightly less than half of the 100 the tech challengers are active primarily in their home markets, while 16 are replicating their success in their emerging markets and 39 are pushing into mature markets.
  • The tech challengers have an average valuation of $6.3 billion, putting most of them well beyond unicorn status.

Yuanfudao Raises US$2.2 Billion in New Financing, Valuing the Company at US$15.5 Billion, Becoming the Most Valued Ed-Tech Company Worldwide

Retrieved on: 
Thursday, October 22, 2020
Companies of China, Investment, Finance, Nanshan District, Shenzhen, RSS, Tencent, Unicorn, IDG Capital, Accel, Hillhouse Capital Group

The G1 financing round was led by Tencent, with participation from Hillhouse Capital, Boyu Capital and IDG Capital.

Key Points: 
  • The G1 financing round was led by Tencent, with participation from Hillhouse Capital, Boyu Capital and IDG Capital.
  • Yuanfudao's latest financing rounds increased the Company's valuation to US$15.5 billion, making it the most valuable technology-driven education unicorns in the world.
  • The new funding will allow Yuanfudao to further capitalize on its educational technology innovation, accelerate new curriculum product development and expand its online education service system.
  • The Company has self-developed a variety of online education products including YUANFUDAO APP, YUANTIKU, XIAOYUANSOUTI, XIAOYUANKOUSUAN, Zebra AI Course and YUANFUDAO.

Crystal Rose and independent party presidential candidate Brock Pierce of Unicorn VC invest in Zero-Waste Coconut Water company CocoTaps.

Retrieved on: 
Thursday, October 15, 2020
Plants, Organisms, World Geographical Scheme for Recording Plant Distributions, Unicorn, Brock Pierce, Coconut

Crystal Pierce and independent party presidential candidate Brock Pierce of Unicorn VC have agreed and funded on terms set forth in the $1,000,000 investment round.

Key Points: 
  • Crystal Pierce and independent party presidential candidate Brock Pierce of Unicorn VC have agreed and funded on terms set forth in the $1,000,000 investment round.
  • Crystal Rose said "Coco Taps brings a significant level of marketing expertise from being on Shark Tank and The Profit on CNBC.
  • We have witnessed the growth and successful traction in Las Vegas, we are excited to invest and help CocoVinny bring his Zero-Waste company and coconut innovations to the island of Puerto Rico.
  • CocoVinny said This marks a major milestone during the pandemic to be funded by and working with the Unicorn VC team.

Over 80% of China's Unicorn Companies Practice a New Economic Model: Great Sharing Economics

Retrieved on: 
Monday, August 24, 2020
Companies, Neologisms, Unicorn, Valuation, Business, Sharing economy, General Electric, Sina Corp, Industries

The forum was part of global business accelerator TOJOY's 2020 China Unicorn Business Carnival, receiving special support from the Global Alliance of Sharing Economy, Sina Finance, and China Business News.

Key Points: 
  • The forum was part of global business accelerator TOJOY's 2020 China Unicorn Business Carnival, receiving special support from the Global Alliance of Sharing Economy, Sina Finance, and China Business News.
  • In his role as Secretary-General of the Global Sharing Economy Alliance, Ge gave a presentation entitled "The Great Sharing Economy Gives Birth to Unicorns".
  • Among them, 234 companies display sharing economy attributes, accounting for 89.17% of the total valuation of all Chinese unicorn companies.
  • Both organizations hope the project will encourage the development of and innovation by future unicorn companies.