The 26 most valuable private tech companies in the US

We Company CEO Adam Neumann.

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We Company CEO Adam Neumann.
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Jackal Pan / Getty

  • Juul, Airbnb, and the We Company are among some of the most valuable private startups in the US.
  • Major VC investments in the past year have shaken up the list, with video gaming and cryptocurrency startups entering the rankings.
  • Using data from PitchBook, we’ve compiled a list of the 26 startups in the US with the highest valuations.
  • Visit Business Insider’s homepage for more stories.

Tech companies are continuing to garner major investments from venture capitalists.

With major companies like Uber, Lyft and Pinterest going public, there’s a new cast of major tech startups that have taken the top spots of most highly valued private companies, PitchBook reports. But recent major investments into burgeoning tech startups – including Juul and Pokémon Go-creator Niantic – have brought new players into the spotlight. At this point, there are almost too many billion-dollar startups to count.

The We Company’s $47 billion valuation solidifies the company’s spot at the top. Other companies in the rankings, including Slack and Airbnb, are rumored to be planning IPOs, so the standings could change soon.

Here are the 26 most valuable VC-backed startups in the US:


(tied) 24. Niantic — $4 billion

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Niantic founder and CEO John Hanke.
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Reuters/Paul Hanna

Company role: Augmented reality video games, including Pokémon Go

Founded: 2010

Latest investment amount: $245 million (January 2019)

Read more about Niantic at Business Insider or on PitchBook.


(tied) 24. Credit Karma — $4 billion

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Credit Karma founder and CEO Kenneth Lin.
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Eóin Noonan/Sportsfile via Getty Images

Company role: Platform for consumer finance and free credit score reports

Founded: 2007

Latest investment amount: $175 million (June 2015)

Read more about Credit Karma at Business Insider or on PitchBook.


(tied) 24. Houzz — $4 billion

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Houzz cofounder and CEO Adi Tatarko.
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Joe Scarnici/Getty Images for Fortune

Company role: Platform for home remodeling and design

Founded: 2009

Latest investment amount: $400 million (June 2017)

Read more about Houzz at Business Insider or on PitchBook.


23. Intarcia Therapeutics — $4.1 billion

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Intarcia CEO and president Kurt Graves.
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CNBC

Company role: Therapeutic drugs for chronic diseases

Founded: 1995

Latest investment amount: $615 million (August 2017)

Read more about Intarcia Therapeutics at Business Insider or on PitchBook.


22. Peloton — $4.2 billion

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Peloton cofounder and CEO John Foley.
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Kimberly White/Getty Images for TechCrunch

Company role: At-home stationary bikes and other fitness equipment

Founded: 2012

Latest investment amount: $550 million (August 2018)

Read more about Peloton at Business Insider or on PitchBook.


21. SoFi — $4.3 billion

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SoFi CEO Anthony Noto.
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Reuters

Company role: Financial services for loans and wealth management

Founded: 2011

Latest investment amount: $500 million (April 2019)

Read more about SoFi at Business Insider or on PitchBook.


20. Compass — $4.4 billion

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Compass cofounder and CEO Robert Reffkin.
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Compass/YouTube

Company role: Platform for real estate agents and customers

Founded: 2012

Latest investment amount: $400 million (September 2018)

Read more about Compass at Business Insider or on PitchBook.


19. Machine Zone — $5 billion

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Machine Zone CEO Kristen Dumont.
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Stephen McCarthy/Sportsfile via Getty Images

Company role: Multiplayer mobile games developer

Founded: 2007

Latest investment amount: $330 million (August 2016)

Read more about Machine Zone on PitchBook.


18. Unity — $6.3 billion

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Unity CEO John Riccitiello.
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Reuters/Gus Ruelas

Company role: Game development platform

Founded: 2003

Latest investment amount: $125 million (May 2019)

Read more about Unity at Business Insider or on PitchBook.


17. Magic Leap — $6.4 billion

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Magic Leap CEO Rony Abovitz.
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Getty

Company role: Augmented reality and 3D imagery technologies

Founded: 2010

Latest investment amount: $963 million (March 2018)

Read more about Magic Leap at Business Insider or on PitchBook .


16. Tanium — $6.7 billion

Company role: Endpoint security systems

Founded: 2007

Latest investment amount: $200 million (October 2018)

Read more about Tanium at Business Insider or on PitchBook.


(tied) 14. UiPath — $7.1 billion

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UiPath cofounder and CEO Daniel Dines.
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UiPath

Company role: Robotic process automation software

Founded: 2005

Latest investment amount: $568 million (April 2019)

Read more about UiPath at Business Insider and on PitchBook.


(tied) 14. Slack — $7.1 billion

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Slack cofounder and CEO Stewart Butterfield.
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Getty

Company role: Collaboration and communication platform for workplace

Founded: 2009

Latest investment amount: $427 million (August 2018)

Read more about Slack at Business Insider or on PitchBook.

(Note: Slack confidentially filed to go public on February 4th.)


13. Robinhood — $7.3 billion

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Baiju Bhatt (left) and Vlad Tenev, cofounders and co-CEOs of Robinhood.
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Steve Jennings/Getty Images for TechCrunch; Reuters/Brendan McDermid

Company role: Financial investments platform

Founded: 2013

Latest investment amount: $200 million (May 2019)

Read more about Robinhood at Business Insider or on PitchBook.


12. Instacart — $7.9 billion

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Instacart founder and CEO Apoorva Mehta.
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Mike Kane/Bloomberg via Getty Images

Company role: On-demand grocery delivery app

Founded: 2012

Latest investment amount: $871 million (December 2018)

Read more about Instacart at Business Insider or on PitchBook.


11. Wish — $8 billion

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Wish cofounder and CEO Peter Szulczewski.
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Peter Szulczewski/Facebook

Company role: Digital shopping app for items directly from suppliers

Founded: 2010

Latest investment amount: $500 million (May 2017)

Read more about Wish at Business Insider or on PitchBook.


10. Coinbase — $8.1 billion

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Coinbase cofounder and CEO Brian Armstrong.
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Anthony Harvey/Getty Images for TechCrunch

Company role: Bitcoin exchange platform

Founded: 2012

Latest investment amount: $300 million (October 2018)

Read more about Coinbase at Business Insider or on PitchBook.


9. Samumed — $12.4 billion

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Samumed founder and CEO Osman Kibar.
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Stillpoint X/YouTube

Company role: Drugs for degenerative diseases

Founded: 2008

Latest investment amount: $438 million (August 2018)

Read more about Samumed at Business Insider or on PitchBook.


8. DoorDash — $12.6 billion

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DoorDash cofounder and CEO Tony Xu.
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Steve Jennings/ Getty Images

Company role: On-demand food delivery app

Founded: 2013

Latest investment amount: $600 million (May 2019)

Read more about DoorDash at Business Insider or on PitchBook.


7. Epic Games — $15 billion

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Epic Games founder and CEO Tim Sweeney.
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Official GDC/Wikimedia Commons

Company role: Developer of video games, including Fortnite

Founded: 1991

Latest investment amount: $1.3 billion (October 2018)

Read more about Epic Games at Business Insider or on PitchBook.


6. Palantir — $20.5 billion

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Palantir cofounder and CEO Alex Karp.
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Getty / Drew Angerer

Company role: Data fusion platforms for companies

Founded: 2004

Latest investment amount: $20 million (November 2016)

Read more about Palantir at Business Insider or on PitchBook.


5. Stripe — $22.5 billion

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Stripe cofounder and CEO Patrick Collison.
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Reuters/Albert Gea

Company role: Online payment platform

Founded: 2010

Latest investment amount: $100 million (January 2019)

Read more about Stripe at Business Insider or on PitchBook.


4. Airbnb — $31 billion

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Airbnb cofounder and CEO Brian Chesky.
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Mike Windle/Getty

Company role: Online marketplace for short-term home rentals

Founded: 2008

Latest investment amount: $1 billion (September 2017)

Read more about Airbnb at Business Insider or on PitchBook.


3. SpaceX — $31.5 billion

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SpaceX founder and CEO Elon Musk.
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David McNew/AFP/Getty Images

Company role: Space transport vehicle manufacturer

Founded: 2002

Latest investment amount: $536 million (May 2019)

Read more about SpaceX at Business Insider or on PitchBook.


2. Juul — $38 billion

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Juul CEO Kevin Burns.
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Juul/YouTube

Company role: Nicotine vaporizer developer

Founded: 2017

Latest investment amount: $12.8 billion (December 2018)

Read more about Juul on Business Insider or on PitchBook.


1. The We Company (formerly WeWork) — $47 billion

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We Company cofounder and CEO Adam Neumann.
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Getty Images

Company role: Shared workspaces for small businesses

Founded: 2010

Latest investment amount: $5 billion (January 2019)

Read more about the We Company on Business Insider or on PitchBook.