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Newborn Unicorns: Meet The New Class Of $1B+ US Startups

CB Insights

Last quarter, the US unicorn “birth rate” ticked up significantly as 9 new VC-backed companies reached $1B+ valuations (compared to only 3 companies in Q1’17), the highest quarterly total since the close of Q3’15, according to our Q2’17 Venture Capital Funding Report with PwC. Valuation: $1.4B.

Meeting 68
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Newborn Unicorns: The First Half Of 2017 Sees 12 New US Startups Valued At $1B+

CB Insights

While late-stage investing rounds are the typical “tipping point” for entry into the unicorn club, one quarter of newborn unicorns in H1’17 earned their $1B+ valuations with a mid-stage Series C capital raise. Select Round Investors: Breyer Capital, Sutter Hill Ventures, Wildcat Venture Partners. Valuation: $1.4B.

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24 Industries & Technologies That Will Shape The Post-Virus World

CB Insights

Tech giants aren’t the only companies that have spotted the opportunity in remote diagnostics — some biotech companies have moved quickly to demonstrate value and capitalize on the eased regulations as well. In addition to concerns about digital mediums lacking certain face-to-face benefits, teletherapy also presents compliance issues.

Industry 101