Start-ups

The Countries With the Most Unicorns

In the tech world especially, investors are always on the search for the next unicorn - a private company valued at one billion dollars or more - to sink their money into for a big payoff further down the line. High-profile examples of such companies are SpaceX ($36 billion) and Airbnb ($18 billion). As CB Insights data shows, the country where investors are most likely to find a company with such potential is currently the United States. With 228 unicorns based there as of June 2020, second-placed China comes a distant yet still impressive second with 122 . In Europe, The UK leads Germany with 25 unicorns to 13.

Description

This chart shows in which countries the world's 'unicorns' are, as of June 2020.

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Number of unicorns worldwide as of April 2026, by region
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Number of unicorns in Europe as of April 2021, by country
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Number of unicorns worldwide as of 2025, by country
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Cities with the highest number of unicorns worldwide as of 2026
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Number of emerging unicorns worldwide as of October 2026, by country
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Ranking of states with highest number of unicorns in the United States as of October 2026

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