44 New Unicorns in 2020 Two Come From Israel


Private unicorn now above 600 companies valued at $2 trillion, according to Crunchbase data report.

The 44 new unicorns in 2020 come from 11 countries. Two of them were from Israel, according to Crunchbase’s data report.
In total, there are 39 unicorns founded by Israelis.

The majority come from the U.S.(27); China (4); United Kingdom (3); Israel (2); India (2).

There are 601 unicorn companies worldwide that remain private. Collectively, they have raised $442 billion, valued at about $2 trillion, with an average of $300 million raised by each of the 44 new 2020 unicorns.

Online education has grown as a new unicorn candidate for the year 2020 along with Software Services, while e-commerce and fintech take a back seat for a while, according to Crunchbase’s unicorn list. This means “a new unicorn every three or so working days”.

Four new online education unicorns: Udemy, ApplyBoard, Quizlet, Course Hero.
Three software services unicorns: local customer communication Podium, workplace collaboration Notion and design collaboration Figma.

The most highly valued new unicorns of 2020 are Arrival, an electric vehicle tech company, and Pony.ai, an autonomous driving solutions company, and Biocon Biologics, an Indian-based biotech company valued at or above $3 billion each.


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