{"id":17105,"date":"2021-10-14T11:49:07","date_gmt":"2021-10-14T11:49:07","guid":{"rendered":"https:\/\/thedailyherald.co.uk\/uncategorized\/next-billion-dollar-startups-2021\/"},"modified":"2021-10-14T11:49:07","modified_gmt":"2021-10-14T11:49:07","slug":"next-billion-dollar-startups-2021","status":"publish","type":"post","link":"https:\/\/thedailyherald.co.uk\/business-markets\/next-billion-dollar-startups-2021\/","title":{"rendered":"Next Billion-Dollar Startups 2021"},"content":{"rendered":"

A $1 billion valuation isn\u2019t what it used to be, as companies reach that milestone with breakneck speed, but there are still plenty of up-and-comers worth keeping an eye on. Here are Forbes\u2019 picks for 25 venture-backed startups most likely to become unicorns. For the seventh year in a row, Forbes has teamed up with TrueBridge Capital Partners to search for the country\u2019s 25 venture-backed startups most likely to become unicorns. TrueBridge asked some 300 venture firms to nominate companies, while Forbes reached out directly to 80 startups. Then came the deeper look, as we analyzed finances and interviewed founders and investors. A $1 billion valuation isn\u2019t what it used to be, as companies reach that milestone at breakneck speed. Even startups with barely any revenue are earning sky-high valuations as investors bet on future growth. The average estimated 2020 revenue for companies on this year\u2019s list is just $12 million, compared with an average $30 million in previous year\u2019s revenue for those on the 2020 list. Still there are plenty of up-and-comers worth keeping an eye on, including one that tests your dog\u2019s DNA and another that will help you notarize documents from the comfort of your home. This list represents the 25, in alphabetical order, that we think have the best shot of becoming future stars.\u00a0 Abra\u00a0 Abra Founder: Bill Barhydt (CEO)\u00a0 Equity raised: $86 million\u00a0 Estimated 2020 revenue: $10 million\u00a0 Lead investors: Arbor Ventures, First Round Capital, HCM Capital, Ignia\u00a0 This self-described \u201ccrypto bank\u201d is among the… Click below to read the full story from Forbes
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A $1 billion valuation isn\u2019t what it used to be, as companies reach that milestone with breakneck speed, but there are still plenty of up-and-comers worth keeping an eye on. Here are Forbes\u2019 picks for 25 venture-backed startups most likely to become unicorns. For the seventh year in a row, Forbes has teamed up with…<\/p>\n","protected":false},"author":2499,"featured_media":17106,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[33],"tags":[],"yoast_head":"\nNext Billion-Dollar Startups 2021 - The Daily Herald<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/thedailyherald.co.uk\/uncategorized\/next-billion-dollar-startups-2021\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Next Billion-Dollar Startups 2021 - The Daily Herald\" \/>\n<meta property=\"og:description\" content=\"A $1 billion valuation isn\u2019t what it used to be, as companies reach that milestone with breakneck speed, but there are still plenty of up-and-comers worth keeping an eye on. Here are Forbes\u2019 picks for 25 venture-backed startups most likely to become unicorns. 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