2015 was a big year for private market tech companies and their valuations. Uber, already the most valuable private tech company in the world, is rumored to be raising a new round of funding that would value the company around $60 billion. 42 of those companies are US based, according to research analytics firm CB Insights.
We’ve rounded those companies up and ranked them from least to most valuable.
42. Datto
Valuation: $1 billion
Founded: 2007
What it does: Datto helps small and medium-sized businesses get back to work after natural disasters that could eradicate their computers, offices, and servers.
41. Kabbage
Valuation: $1 billion
Founded: 2009
What it does: Kabbage is a fintech startup that lends money to smaller merchants on eBay, Amazon, and Etsy.
40. AppDirect
Valuation: $1 billion
Founded: 2009
What it does: AppDirect is a sort of middleman for the cloud. Its business is rooted in acting as kind of an App Store for the enterprise software buyer.
39. Apttus
Valuation: $1 billion
Founded: 2006
What it does: Apttus makes the entire sales process faster and easier. Once a salesperson gets in touch with a potential customer, Apttus helps put together the right product offering and financial terms of the contract, while also allowing legal paperwork to be taken care of within its software.
38. Carbon3D
Valuation: $1 billion
Founded: 2013
What it does: 3D printing company Carbon3D wants to help make 3D printing mainstream, moving it into manufacturing in industries like aerospace, consumer electronics, and medical and dental.
37. Vox Media
Valuation: $1 billion
Founded: 2003
What it does: Vox Media is the parent company of Curbed, Re/code, Vox.com, The Verge, Eater, SB Nation, Polygon, and Racked.
36. Zscaler
Valuation: $1 billion
Founded: 2008
What it does: Internet security company Zscaler uses cloud computing to provide services like firewalls and IoT security.
35. Zeta Interactive
Valuation: $1 billion
Founded: 2007
What it does: Big data and marketing company Zeta Interactive works with brands to track analytics.
34. Fanduel
Valuation: $1 billion
Founded: 2007
What it does: Fanduel — like its competitor DraftKings — is a daily fantasy sports website that lets users play a variety of fantasy sports and win money.
33. Coupa Software
Valuation: $1 billion
Founded: 2006
What it does: Coupa is a software-as-a-service for purchasing — meaning whatever a company buys, they can do it through Coupa. It keeps track of prices, contracts, approvals and eliminates the need for employees to buy their own stuff and submit expense reports.
32. MarkLogic
Valuation: $1 billion
Founded: 2003
What it does: Software-as-a-service company MarkLogic is an operational database management system.
31. SimpliVity
Valuation: $1 billion
Founded: 2009
What it does: SimpliVity makes an all-in-one hardware box that combines server, storage and networking into one device.
30. 23andMe
Valuation: $1.03 billion
Founded: 2006
What it does: 23andMe is a human genome research startup that provides more than 60 reports based on the samples of saliva you submit, which are then sifted and scanned for single genetic variations that are linked to specific traits, like hair and eye color and propensity for certain diseases.
29. Docker
Valuation: $1.07 billion
Founded: 2010
What it does: Docker’s “container” technology is hard to explain, but it’s highly popular among software engineers, and its effects are profound. Essentially, it creates a way for developers to take their software and pack it up into what we call a container, a figurative box that lets the software run almost anywhere — in a company’s data center or in a cloud service run by somebody else — without any additional tools.
28. Nextdoor
Valuation: $1.1 billion
Founded: 2010
What it does: Nextdoor is a neighborhood-based social network. Here’s a gist of how it works: Once you’ve verified your name and address, you can only communicate with people in close proximity. And, like a local message board, you can also post news, offer up items for sale, or get a group of neighbors together for a block party.
27. Udacity
Valuation: $1.1 billion
Founded: 2011
What it does: Udacity wants to democratize education. Instead of only providing a bunch of singular, lecture-style classes, Udacity works with major tech companies like Google, Cloudera, Facebook, and Salesforce to build classes that fit into a handful of credentialed, project-focused programs.
26. Uptake
Valuation: $1.1 billion
Founded: 2014
What it does: Uptake is a billion-dollar Internet of Things startup. The company provides analytics for major industries, with the eventual goal of helping fields like gas and construction cut costs.
25. Twilio
Valuation: $1.1 billion
Founded: 2008
What it does: Twilio offers something called an API (application programming interface), which is a way to connect two applications. Twilio lets web apps communicate in other ways, too, like fire up a voice call (perhaps to a customer service rep) or send photo texts.
24. Sprinklr
Valuation: $1.17 billion
Founded: 2009
What it does: Sprinklr is an enterprise social media management company that competes with companies like Hootsuite.
23. Okta
Valuation: $1.2 billion
Founded: 2009
What it does: Cloud security company Okta manages passwords and security for 4,000 cloud applications amounting to millions of logins daily by employees.
22. Warby Parker
Valuation: $1.2 billion
Founded: 2010
What it does: Ecommerce company Warby Parker sells vintage-inspired glasses and sunglasses.
21. Medallia
Valuation: $1.25 billion
Founded: 2001
What it does: Sephora, Honeywell, Verizon, and Sony all rely on Medallia for its global cloud business communications technology.
20. Thumbtack
Valuation: $1.3 billion
Founded: 2008
What it does: Thumbtack is a company that connects users with professionals — like plumbers and painters — in their area.
19. DraftKings
Valuation: $1.35 billion
Founded: 2011
What it does: DraftKings lets users play against each other in daily fantasy sports matches to win cash prizes.
18. Jet.com
Valuation: $1.5 billion
Founded: 2013
What it does: Jet is an Amazon ecommerce startup that competes with Amazon. Its dynamic-pricing model offers shoppers discounts when they combined multiple orders into a single shipment, waived the ability to return something, or used debit cards instead of credit cards.
17. Buzzfeed
image: https://static-ssl.businessinsider.com/image/5667095ec2814449008b858b-960-720/17-buzzfeed.jpg
Valuation: $1.5 billion
Founded: 2006
What it does: Media company BuzzFeed provides everything from gifs of cute cats to breaking hard news stories and investigations. It’s expanded into video and Snapchat content too.
16. MuleSoft
Valuation: $1.5 billion
Founded: 2006
What it does: MuleSoft helps different application programming interfaces work together, connecting apps, data, and devices.
15. The Honest Company
Valuation: $1.7 billion
Founded: 2011
What it does: The Honest Co. is an ecommerce company cofounded by Jessica Alba that sells eco-friendly baby products and cleaning products.
14. Oscar Health Insurance
Valuation: $1.75 billion
Founded: 2013
What it does: Oscar is a company that plans to shake up healthcare. It lets users talk to doctors on the phone for free, and it was the first insurance company to give fitness trackers to its customers to let them get rewards for walking a certain number of steps in a day.
13. Zocdoc
Valuation: $1.8 billion
Founded: 2007
What it does: ZocDoc lets you find doctors in your area and book doctors appointments from your phone.
12. Prosper Marketplace
Valuation: $1.9 billion
Founded: 2006
What it does: Online lending company Prosper Marketplace connects people who want to borrow money with people who want to invest and lend their money.
11. Blue Apron
Valuation: $2 billion
Founded: 2012
What it does: Blue Apron delivers millions of recipes and fresh ingredients to subscribers every month. You receive a box full of portioned out food in each Blue Apron delivery.
10. Domo Technologies
Valuation: $2 billion
Founded: 2010
What it does: Utah-based data management startup Domo connects with data sources (one startup), cleans up and prepares the data for analysis (two more), visualizes the data, and runs analysis on it.
9. Github
Valuation: $2 billion
Founded: 2008
What it does: GitHub is a tremendously popular social network and code-sharing app for programmers.
8. NantHealth
Valuation: $2 billion
Founded: 2007
What it does: NantHealth is an IT healthcare company that tracks patients’ health inputs, and determines the most effective treatment methods using big data.
7. Avant
Valuation: $2 billion
Founded: 2012
What it does: Avant targets subprime borrowers — people with lower credit scores. Its average borrower’s credit score is 650, and their borrowers’ average income is between $40,000 and $100,000.
6. Lyft
Valuation: $2.5 billion
Founded: 2012
What it does: Lyft is a laid-back, fist-bumping alternative to Uber. Lyft launched three years ago in San Francisco and has expanded to more than 60 cities across the US.
5. Wish
Valuation: $3 billion
Founded: 2011
What it does: Former Yahoo, Google, and Facebook engineers — led by Peter Szulczewski — created Wish, the leading mobile commerce platform in North America and Europe.
4. Stemcentrx
Valuation: $3 billion
Founded: 2008
What it does: Stemcentrx wants to cure cancer by killing cancer stem cells — the cells that spread cancer through the human body and resist cancer treatments. Peter Thiel invested in the company.
3. Tanium
Valuation: $3.5 billion
Founded: 2007
What it does: Tanium’s technology solves a pressing problem: It gives IT administrators a single console that tells them everything that’s happening on all the computers in an organization.
2. Social Finance
Valuation: $4 billion
Founded: 2011
What it does: Lending platform Social Finance (SoFi) is up against other online lenders and brick-and-mortar banks alike. So far this year, the startup has lined up more than $4 billion in loans.
1. Zenefits
Valuation: $4.5 billion
Founded: 2013
What it does: Zenefits, a startup aimed at making administrative tasks such as payroll and benefits easier, is shaping up to be one of the fastest-growing cloud companies ever — in revenue and number of users.
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