Driving on the elevated digitisation of companies and rising urge for food for web providers, 2021 birthed tech unicorns by the hordes. Hurun Analysis discovered that 1,058 unicorns (or privately owned billion-dollar companies) have been added this yr, nearly double of 586 final yr.
Sequoia ranked because the world’s most profitable unicorn investor for the second yr in a row, in response to the Hurun World Unicorn Index 2021. The US-based enterprise capital agency funded one in each 5 unicorns in 2021.
Sequoia, which incorporates Sequoia Capital, Sequoia Capital China, Sequoia Capital India, Sequoia Capital World Equities, Sequoia Heritage, Sequoia Capital Israel, and Sequoia Scout, added 97 new unicorns within the yr, rising its international tally to 206 on the finish of 2021.
Tiger World adopted because the second greatest unicorn investor of the yr, pushing Japan’s SoftBank to the third place. The Tiger Fund added 112 unicorns — highest amongst all VCs — to its tally, which now stands at 147.
SoftBank, in the meantime, grew its international unicorn base by 95 to 146 this yr.
Sequoia, Tiger, and SoftBank cumulatively often called the ‘Huge Three’, has invested in 50% of the world’s identified unicorns, Hurun Analysis Institute said. “Unicorns are speculated to be exhausting to search out, however traders like Sequoia, Tiger Fund, and Softbank make it look straightforward,” it added.
In the meantime, Perception Companions and Coatue broke into the Prime 10 for the primary time on the expense of IDG and Alibaba this yr. Whereas Coatue added 62 unicorns to its tally, Perception was richer by 52 new billion-dollar startups.
The opposite high unicorn traders of the yr have been US-based Accel, Goldman Sachs, and Andreessen Horowitz (a16z), and China’s Tencent and Hillhouse Capital Group.
The overwhelming majority of VCs are headquartered within the US (79), adopted by China (11). Singapore and the UK every had 2, whereas France, Germany, India, Israel, Japan, and Russia had one every, as per the Hurun Listing.
Rupert Hoogewerf, Chairman and Chief Researcher, Hurun Report shared, “The function of traders is evolving to mentorship and scale-up alternatives, quite than simply suppliers of money. The world’s main unicorn traders are constructing ecosystems with their portfolios, vastly enticing to the world’s fastest-growing startups. With the ability to say you have got one of many high unicorn investor manufacturers as an investor provides important credibility to a startup.”
“The pace of worth creation is accelerating. Founder groups and traders have gotten extra skilled at figuring out the best way to construct billion-dollar companies with give attention to value-creation over gross sales,” he added.
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