News & Analysis

driven by the PitchBook Platform
Venture Capital

Racehorses & unitortoises: Visualizing the outliers among US unicorns

How long does it take to enter the unicorn club?

There are currently 135 private companies throughout the US valued at more than $1 billion, companies otherwise known as “unicorns.” Since the beginning of 2014, US-based unicorns have taken an average of about five to seven years to earn their horns.

However, over the past two decades, several companies have defied the odds, garnering sky-high valuations in as little as two years. Several others, on the other hand, have taken their sweet time.

In our interactive graphic, we’ve highlighted 10 US companies that entered the unicorn club in record time—the “racehorses” of the herd. We’ve also included the 10 companies that spent the largest number of years working toward unicorn status—those considered “unitortoises.”

Click each company name to view its free PitchBook profile:

  • kate-clark-1.jpg
    Written by Kate Clark
    Kate Clark was a staff writer at PitchBook.

    A Seattle native, Kate attended the University of Washington where she studied journalism and international studies. She previously wrote about the Indian startup ecosystem in Bengaluru and freelanced in the Seattle area. Follow her on Twitter @KateClarkTweets.
Join the more than 1.5 million industry professionals who get our daily newsletter!