11.4 C
New York

Meet The Companies That Joined The Emerging Unicorn Board In August 2022

Date:

In August, six companies with disclosed valuations joined the Crunchbase Emerging Unicorn Board, a curated list of companies valued above $500 million but less than $1 billion. The board currently hosts 356 companies valued collectively at over $243 billion. 1

While this board is not comprehensive, it profiles companies that are raising at higher valuations in a shrinking funding market. Equity stakes for investors in these fundings range from 4% to 20%. Customer engagement and B2B fintech lead the way for August’s new emerging unicorns.

Fintech

AtoB provides financial tools to trucking companies with a fuel card that includes discounts and payroll management. The San Francisco-based company raised a $75 million Series B valued at $800 million. It was led by General Catalyst and angel investor Elad Gil. AtoB’s seed funding in 2020 was led by Bloomberg Beta.

San Francisco-based Parafin, a provider of financing through platforms that serve small businesses, raised a $60 million round led by GIC. This Series B round values the company at $520 million. Parafin raised a $4 million seed investment in 2020 led by Ribbit Capital.

Marketing and sales

San Francisco-based Gorgias has built an integrated helpdesk for e-commerce companies. It raised a $30 million Series C with a $710 million valuation. The round was led by Shopify and Transpose Platform. Techstars led its pre-seed funding in 2015.

CleverTap is a customer engagement platform that can run real-time personalized campaigns. The Mountain View, California- and Mumbai-based company raised a $105 million Series D funding led by Caisse de Depot et Placement du Quebec, valuing the company at $775 million. Its seed round in 2014 was led by Accel.

Web3

Animoca Brands KK, a Japan-based subsidiary of Animoca Brands, raised a $45 million Series A at a $545 million valuation. The company is focused on digital property rights through NFTs in the Japanese market. The funding was led by MUFG Bank.

Sports entertainment

Brooklyn-based Overtime, a sports content developer that also builds sports leagues, raised a $100 million round valued at $500 million led by Liberty Media and Counterpoint Global. Greycroft led its seed funding in 2017.

Graduates

South Korea-based B2B agriculture marketplace Tridge, and New Delhi-based e-commerce platform for shipping Shiprocket both graduated from the emerging unicorn board to become billion-dollar valued companies in August 2022. Their prior funding, which valued them as emerging unicorns, were in 2021.

Crunchbase Pro queries listed for this article

All Crunchbase Pro queries are dynamic, with results updating over time. They can be adapted by location and/or timeframe for analysis.

Methodology

The curated Crunchbase Emerging Unicorn Board includes private companies with known valuations of $500 million or more but less than $1 billion, based on Crunchbase data. The list is updated whenever a new company reaches that valuation range or there is a change in valuation for a company already on the leaderboard. Companies that are subsequently valued at more than $1 billion will be removed from the board and promoted to The Crunchbase Unicorn Board. Companies that exit will also be removed from the Emerging Unicorn Board.

Illustration: Dom Guzman

image

Stay up to date with recent funding rounds, acquisitions, and more with the
Crunchbase Daily.

Palo Alto, California-based Aptos Labs has quadrupled its valuation since March after Binance Labs—the venture capital arm and accelerator of…

Adobe announced this morning that it has agreed to acquire collaborative design platform Figma for $20 billion in cash and stock, in what looks to be…

Paris-based genomics-focused biotech startup SparingVision has raised $75 million in a round led by Jeito Capital and UPMC Enterprises to gear up to…

Redesign Health, the upstart behind a slew of telehealth apps, health care fintech companies, and comprehensive care platforms, announced on Tuesday…

  • Coinsmart. Europe’s Best Bitcoin and Crypto Exchange.Click Here
  • Platoblockchain. Web3 Metaverse Intelligence. Knowledge Amplified. Access Here.
  • Source: https://news.crunchbase.com/venture/emerging-unicorn-board-new-companies-list-august-2022-atob-parafin/
spot_img

Latest Intelligence

spot_img

Latest Intelligence

spot_img