Next Billion-Dollar Startups 2021 (2022)

A $1 billion valuation isn’t what it used to be, as companies reach that milestone with breakneck speed, but there are still plenty of up-and-comers worth keeping an eye on. Here are Forbes’ picks for 25 venture-backed startups most likely to become unicorns.

For the seventh year in a row, Forbes has teamed up with TrueBridge Capital Partners to search for the country’s 25 venture-backed startups most likely to become unicorns. TrueBridge asked some 300 venture firms to nominate companies, while Forbes reached out directly to 80 startups. Then came the deeper look, as we analyzed finances and interviewed founders and investors. A $1 billion valuation isn’t what it used to be, as companies reach that milestone at breakneck speed. Even startups with barely any revenue are earning sky-high valuations as investors bet on future growth. The average estimated 2020 revenue for companies on this year’s list is just $12 million, compared with an average $30 million in previous year’s revenue for those on the 2020 list. Still there are plenty of up-and-comers worth keeping an eye on, including one that tests your dog’s DNA and another that will help you notarize documents from the comfort of your home. This list represents the 25, in alphabetical order, that we think have the best shot of becoming future stars.

Abra

Founder: Bill Barhydt (CEO)

Equity raised: $86 million

Estimated 2020 revenue: $10 million

Lead investors: Arbor Ventures, First Round Capital, HCM Capital, Ignia

This self-described “crypto bank” is among the oldest startups in bitcoin.Former Goldman Sachs vice president Barhydt, 53, founded the company in 2014 to help immigrant employees send money back home to their families. Today, Abra offers a souped-up bitcoin wallet that lends out both crypto and dollars held by its depositors at rates as high as 12%. The depositor receives 85% of the interest, while Abra takes the rest. The Mountain View, California-based firm also makes money on the spread between the spot price and the trade price for crypto transactions. This is such a new area that it’s a regulatory grey zone: In 2020, the SEC and CFTC fined the firm $300,000 for selling security-based swaps without proper registration. The fast-growing firm, which is profitable, is on track to increase revenue sevenfold this year, to roughly $75 million.

Alchemy

Founders: Joseph Lau, Nikil Viswanathan (CEO)

Equity raised: $96 million

Estimated 2020 revenue: $2 million

Lead investors: Addition, Coatue, Pantera

Alchemy makes it easier to read and write information onto blockchains, such as Ethereum and Flow. The service starts free for smaller developers, but larger customers pay a monthly fee. The San Francisco-based firm is on pace to increase revenue tenfold this year, to an estimated $20 million, as it helps clients likePwC, Unicef and OpenSeat conduct more than $30 billion in volume annually. Viswanathan, 34, and Lau, 32, previously cofounded Down to Lunch, a popular social hangout iPhone app.

Array

Founders: Martin Toha (CEO), Phillip Zedalis

Equity raised: $67 million

Estimated 2020 revenue: $11 million

Lead investors: Battery, General Catalyst

Serial entrepreneur Toha, 42, left identity protection company Pentius and brought along its CTO, Zedalis, 36, to launch Array in January 2020. The New York City-based company works behind the scenes with fintechs and other financial institutions to help their developers build out consumer-facing financial tools. These include apps that reveal a client’s credit score, show their payment history or offer identity protection. Array says that it can complete projects for its financial customers including SoFi, Brigit and One in weeks that would previously have taken 18 months. “Though our clients are businesses, everything we do is to help consumers have better financial health,” Toha says.

Embark Veterinary

Founders: Adam Boyko, Ryan Boyko (CEO), Matt Salzberg, Spencer Wells

Equity raised: $95 million

Estimated 2020 revenue: $36 million

Lead investors: F-Prime Capital, Founder Collective, Freestyle, Slow Ventures, SoftBank, Third Kind Venture Capital

Back in 2007, Adam Boyko, 43, a canine geneticist, and his brother Ryan, 37, who has a master’s degree in public health, set out to study the origins of domestic dogs and realized that the country’s nearly 50 million dog-owning households might also be curious about their pets’ backgrounds. Boston-based Embark Veterinary now sells DNA testing kits (priced at $129 to $199) that give customers insight into their pets’ genetics and potential future health issues. Embark has tested close to one million dogs since its 2015 founding, and, with the consent of owners, is using the data generated to conduct research into dog health. Its revenue is expected to double to $72 million this year. The company counts 23andMe’s billionaire cofounder Anne Wojcicki among its backers.

(Video) Inside The Next Billion Dollar Startups List 2022 | Forbes

Forethought

Founders: Sami Ghoche, Deon Nicholas (CEO)

Equity raised: $27 million

Estimated 2020 revenue: $2 million

Lead investors: K9 Ventures, NEA

Nicholas, 28, worked as an engineer at Facebook, Palantir and Dropbox before starting Forethought with his former Palantir colleague, Ghoche, 27, in late 2018. Based in San Francisco, Forethought offers an AI tool that plugs into a company’s customer service software like Zendesk and ServiceNow for faster and more accurate resolutions. The AI gets smarter over time as it learns how past issues were resolved and what the common problems are. Its goal is to make customer service teams more efficient so they can focus on complex tickets rather than redundant queries. Tech giants Gusto, Lime, Instacart and Thumbtack are clients. “AI will be the fourth industrial revolution,” Nicholas says.

Headway

Founders: Andrew Adams (CEO), Kevin Chan, Dan Ross, Jake Sussman

Equity raised: $103 million

Estimated 2020 revenue: $16 million

Lead investors: Accel, Andreessen Horowitz, GV, Thrive Capital

“My life was changed when I saw a therapist,” says Adams, 30. A Stanford graduate with a master’s degree in engineering and a professional background in venture capital, Adams never expected to be the founder of a mental healthcare startup. His own experience dealing with depression in therapy, however, led him to launch New York City-based Headway in 2017 as a matching tool for patients and therapists. After working on it a year and a half, Adams realized the greater problem was that so many people simply couldn’t afford professional help. Many therapists (Headway claims 70%, based on its own 2018 survey) don’t take insurance. To up that number, Headway built software that handles billing and administrative support. Patients then have access to a free directory of therapists they can actually afford. The company says that three quarters of the therapists who signed on in New York City, its first market, did not previously take insurance. Headway makes its money by getting a cut of the insurer’s reimbursement. “Therapists get to say yes to people they would typically have to say no to, patients are able to spend $20 instead of $200 for a session and insurance companies are actually saving money with more people seeing therapists,” says Adams.

Hyperscience

Founders: Peter Brodsky (CEO), Krasimir Marinov, Vladimir Tzankov

Equity raised: $189 million

Estimated 2020 revenue: $16 million

Lead investors: Bessemer Venture Partners, Felicis Ventures, FirstMark, Stripes, Tiger Global

Think of Hyperscience like a digital assembly line for forms, humming behind the scenes. Brodsky wants to not only automate his customers’ menial business processes, like reviewing mortgage applications or disability claims, but also continually improve and update them over time without human intervention. His startup, headquartered in New York with a technical office in Sofia, Bulgaria, now helps customers like TD Ameritrade, Fidelity and the state of California. “There’s something very surprising about the fact that you could be a better bureaucrat . . . and that leads to lives saved,” says Brodsky, who cofounded the business after attempting to automate away his own job running an engineer team at SoundCloud. “That’s the maximum impact you could ever possibly hope to have.”

Legion Technologies

Founder: Sanish Mondkar (CEO)

Equity raised: $85 million

Estimated 2020 revenue: $5 million

Lead investors: First Round Capital, Norwest Venture Partners, Stripes, XYZ

When Sanish Mondkar, former chief product officer at SAP, left his job in 2015, he traveled around the country with his two dogs, talking with people outside of Silicon Valley. The result: In 2016, he founded Legion Technologies, a workforce management software company that helps employers like Dollar General, SoulCycle and Philz Coffee (its first customer) oversee their hourly workers. “There is no innovation targeted at these hourly workers,” says Mondkar, 48. Redwood City, California-based Legion uses artificial intelligence and machine learning to help its customers forecast demand and optimize their labor costs, while taking into account employees’ preferences for when and how they work. “Most employees quit these jobs because of schedule conflicts,” he says. “The goal for the algorithms is to prioritize both sides.” With increased attention on workforce issues during the pandemic, Legion revenues are expected to more than double this year, to $11 million.

Mati

Founder: Filip Victor (CEO)

Equity raised: $86 million

Estimated 2020 revenue: $4 million

Lead investors: Spero Ventures, Tribe Capital

Filip Victor, 30, arrived in the U.S. from Poland via the U.K. to go to school at the University of Pennsylvania. Almost immediately, he started thinking about how hard it was as an immigrant to access financial services, rent a car or book an Airbnb. In 2015, he founded Mati to solve the problem of online identity verification by aggregating dozens of data points. Today, the San Francisco-based startup focuses on customers in Mexico (its first market) and Latin America, where its customers include bitcoin exchange Binance and fintech Creditas. Next up: expansion to Indonesia, India and Africa. “In the U.S., people like me are called ‘thin file,’ and while it’s not trivial, it is still a minority,” Victor says. “When you look at countries like Mexico, India and Nigeria, it is over 90%.”

(Video) Finding The Next Billion Dollar Start Ups | Forbes

Netlify

Founders: Christian Bach, Mathias Biilmann (CEO)

Equity raised: $107 million

Estimated 2020 revenue: $10 million

Lead investors: Andreessen Horowitz, Bloomberg Beta, EQT Ventures, Kleiner Perkins, Tank Hill Ventures

By building websites more like mobile apps, where a developer may cherry-pick from a variety of integrations and APIs, they can be set up faster, safer and cheaper. That’s the basic idea behind Netlify, the San-Francisco based startup cofounded by high school buddies Biilmann, 45, and Bach, 43. Netlify’s technology lets developers configure the front end of a website and implement a variety of back-end APIs that already exist to build better sites at ten times the speed and significantly lower cost. Netlify’s customers include tech giants Twilio, Peloton and Shopify, as well as individuals building personal hobby sites. Biilmann, a Danish immigrant, says Netlify’s biggest challenge was getting Web developers to think differently. “We had to convince the world that this architectural shift was something really valuable,” he says. “When we started, there was no nomenclature in decoupling web UI from back-end business logic. We had to build that concept.”

Postscript

Founders: Alex Beller, Adam Turner (CEO), Colin Turner

Equity raised: $50 million

Estimated 2020 revenue: $13 million

Lead investors: Accomplice, Greylock Partners, OpenView, Y Combinator

Postscript helps more than 5,000 small businesses on Shopify manage their SMS text-messaging campaigns with shoppers to bolster engagement and sales. Adam Turner, 29, started the company with his older brother Colin and Beller, 30, with whom Adam previously worked at product discovery firm StackCommerce. Foundedin 2018, the company took off that November after helping its customers push shoppers to their Black Friday sales. That success allowed the brothers and Beller to snag a spot at Y Combinator for 2019. “SMS is the messaging thread in the U.S. and Canada, and consumers are expecting it to behave in a way that hasn’t really been built yet,” Adam Turner says.

Productboard

Founders: Daniel Hejl, Hubert Palan (CEO)

Equity raised: $137 million

Estimated 2020 revenue: $20 million

Lead investors: Credo Ventures, Index Ventures, Kleiner Perkins, Sequoia Capital, Tiger Global

While serving as the vice president of product management at business intelligence firm GoodData, Czech Republic-born Palan, 43, wondered why there was no software for product development that made customer needs—as opposed to engineering priorities—its focus. To launch San Francisco-based Productboard, he spoke with more than a thousand product developers and built 14 different versions of the new application. Productboard integrates with existing data sources like Zendesk and Jira, which allows product specialists to monitor customer feedback in a single space to make better decisions about what their users really want. More than 4,500 customers, including UIPath and Zoom, have signed on.

Route

Founders: Mike Moreno, Evan Walker (CEO)

Equity raised: $91 million

Estimated 2020 revenue: $34 million

Lead investors: Album VC, Craft Ventures

Route aims to tackle the e-commerce problem of “Where is my order?” or “wismo,” as it’s known in the industry, by connecting merchants with their customers after online orders are placed. It also offers built-in shipping insurance. “We allow the consumer to click a button and instantly reorder their stuff,” says Walker. That saves customers the time and aggravation of calling customer service to track down orders that have gone astray and increases their loyalty to the brands that make it easy. The Lehi, Utah-based startup, which has signed up more than 10,000 merchants, collects about half its revenue from the service fees it charges for insurance and the rest from transaction fees that merchants pay each time a customer buys a product marketed through Route. The visual tracking itself is free. Walker, 41, started his first e-commerce business at 14, when he built a website that sold video games out of his bedroom; a few years later, its annual sales surpassed $10 million.

Salt Security

Founders: Roey Eliyahu (CEO), Michael Nicosia

Equity raised: $131 million

Estimated 2020 revenue: $10 million

Lead investors: Advent International, S Capital VC, Sequoia Capital, Tenaya Capital, Y Combinator

Salt Security uses automation and big data to detect cybersecurity weak spots in APIs, a set of tools that let apps talk to one another. This allows the startup, founded in 2016, to provide insights and remove risks for customers that include Home Depot and City National Bank. Eliyahu, 28, started coding at age 9, at his home in Yavne, Israel, and became a freelance developer when he was 11. During his military service in the Israeli Defense Forces, starting at age 18, he worked closely with its elite Unit 8200 on cybersecurity. He founded Salt Security in Silicon Valley, but maintains offices in Israel. APIs are the backbone of digital transformation and innovation, Eliyahu says, but the rampant use of thousands of APIs to build software has complicated security issues. The result: The company expects revenue to reach $20 million this year.

(Video) Next Billion Dollar Startups 2021

Shef

Founders: Joey Grassia (co-CEO), Alvin Salehi (co-CEO)

Equity raised: $29 million

Estimated 2020 revenue: $3 million

Lead investors: Andreessen Horowitz, Craft Ventures, M13

The brainchild of two first-generation Americans who wanted to create economic pathways for immigrants, Shef helps in-home cooks sell meals to customers who might otherwise order takeout. A year after meeting at the 2018 Forbes Under 30 Summit, Alvin Salehi, 31 (below right), founder of Code.gov, and Joey Grassia, 34, a serial entrepreneur, teamed up to start the marketplace in San Francisco. They immediately began lobbying to change state and local laws that prevent people from running food businesses from their homes. Thanks partly to those efforts, Shef now operates in eight cities, including San Francisco, New York and Austin, and has delivered more than a million meals prepared by immigrants, laid-off line cooks and others. It won’t divulge how many chefs it currently works with but says 16,000 are on a waiting list to join. “It’s a very personal mission for both of us,” Salehi says.

Sundae

Founders: Josh Stech (CEO), Andrew Swain

Equity raised: $136 million

Estimated 2020 revenue: $10 million

Lead investors: Fifth Wall, Founders Fund, General Global Capital, QED Investors, Susa Ventures

When homeowners need to sell their properties quickly, especially if those homes aren’t in great shape, they can fall prey to lowball offers from flippers. San Francisco-based Sundae offers an alternative in 23 U.S. markets. Its marketplace charges potential investors a fee of 5% to 7% for the service, and gives sellers the benefit of multiple cash offers with no repairs, no showings and the ability to close in as little as ten days. Stech, 35, was previously a founding partner of LendingHome, which provides loans to real estate investors. Swain, 50, was that company’s CFO. Their three-year-old company has signed on more than 4,500 investors.

Titan

Founders: Max Bernardy, Clayton Gardner (co-CEO), Joe Percoco (co-CEO)

Equity raised: $75 million

Estimated 2020 revenue: $3 million

Lead investors: Andreessen Horowitz, General Catalyst, Y Combinator

After working at hedge fund Farallon and private equity firm Cerberus, Gardner, 31, grew frustrated at how investment was restricted to the ultrawealthy. “As a diverse founder coming from a humble background, I wanted people like my friends and family to have access,” he says. So he teamed up with fellow Wharton undergrad, Percoco, and Stanford grad Bernardy to found Titan in 2017. They struggled to raise money at first, but eventually got into tech accelerator Y Combinator on their third try in 2018. Via a mobile and desktop app, clients have direct access to its own money managers, hired from the ranks of hedge fund analysts and principals, for as low as $100 without restrictions on their net worth. The company has 30,000 clients and counting with $750 million in assets under management.

Vanta

Founders: Christina Cacioppo (CEO), Erik Goldman

Equity raised: $55 million

Estimated 2020 revenue: $9 million

Lead investors: Sequoia, Y Combinator

Cacioppo was working as a product manager on Dropbox’s collaborative document project, Paper, when she and her team ran afoul of the file-sharing company’s legal team: Their efforts were making Dropbox’s customer contracts noncompliant. Inspired, she cofounded Vanta, based in San Francisco, to provide software to help. Today, tech darlings including Affinity, Lattice, Loom and Notion are some of the 1,500 businesses using Vanta’s tools to certify that they’re storing customer data securely in the cloud and maintaining that compliance over time. More points of compliance are coming as Vanta rearranges the components of its existing certifications like Lego blocks to cover new ones. “We think of Vanta as a security company sort of masquerading as a compliance company,” says Cacioppo, 35. “A reason we work on what we do every day is because it actually affects real people.”

Vendr

Founder: Ryan Neu (CEO)

Equity raised: $66 million

Estimated 2020 revenue: $4 million

Lead investors: Craft Ventures, F-Prime Capital, Tiger Global

As SaaS software has spread, companies spend more time and money buying it, while SaaS firms hire ever more salespeople to break through the noise. Neu, 36, who spent his career as both a salesman of SaaS and a buyer of it, aims to help companies sort through the thicket of purchases with less aggravation. “I saw on the sales side that selling SaaS was pretty terrible. It would take 90 days to close a deal, and 80% of deals don’t close, so there’s this massive inefficiency,” he says. Meanwhile, on the buying side, “SaaS is incredibly expensive—it’s often a top-five line item for companies, and the price you pay often depends on the salesperson you are speaking with.” Boston-based Vendr, founded in 2019, acts as a middleman to those purchases. Neu started the company with two former employers—design firm InVision and sales software firm HubSpot—as his first customers. Today, customers, which pay between 1% and 5% of their software spend to Vendr for the service, include Canva, Reddit and DraftKings. The company expects revenue to triple this year.

(Video) 14 Growing Industries of the Future [2022 Edition]

Very Good Security

Founders: Mahmoud Abdelkader (CEO), Marshall Jones

Equity raised: $105 million

Estimated 2020 revenue: $11 million

Lead investors: Andreessen Horowitz, Goldman Sachs, Vertex Ventures US

Fintech veterans Abdelkader and Jones abide by one mantra: You can’t hack what isn’t there. The challenge is that data is everywhere. They launched Very Good Security in 2016 to separate value from the data itself. The San Francisco-based firm collects sensitive data from companies, which is then segmented, dummified and stored in secure vaults until a transaction is made. That lets customers like DoorDash and Brex stop worrying about privacy regulations and credit card security compliance. “Customers of data don’t necessarily need to see or hold or possess their data,” Abdelkader says. “They just want to be able to separate the value of data from custodianship of data.” Abdelkader, 37, and Jones, 41, previously built payments platform Balanced, which ran payments for peer-to-peer marketplaces until its closure in 2015.

Viz.ai

Founders: David Golan, Chris Mansi (CEO)

Equity raised: $150 million

Estimated 2020 revenue: $12 million

Lead investors: Greenoaks Capital, Innovation Endeavors, Insight Partners, Kleiner Perkins, Scale Venture Partners

While he was practicing as a neurosurgeon in the U.K., Mansi saw firsthand how surgery could go well, yet the patient would die because too much time had passed before getting to the operating room. In 2016, while working on an M.B.A. at Stanford Business School, he met Golan, an Israeli machine-learning postdoc who’d recently been discharged from the hospital after a suspected stroke. The two bonded over the lack of data to drive better medical decisions and pitched their idea to improve stroke care in a class run by former Google CEO Eric Schmidt, who offered seed funding through his firm Innovation Endeavors. The San Francisco-based company’s software cross-references CT images of a patient’s brain with its database of scans to find early signs of large vessel occlusion strokes. “The algorithm will read the scan in 60 seconds of coming to the ER, and instead of taking four or five hours and 12 or 13 phone calls, 60 seconds later an alert will go off on my phone and I will be able to see all the images on my phone,” says Mansi, 36. The result: Nearly 900 hospitals have signed up, including the Cleveland Clinic and Geisinger, and it became the rare AI technology approved by Medicare. Viz.ai is now expanding from strokes to pulmonary embolisms and aortic dissections.

Wheel

Founders: Michelle Davey (CEO), Griffin Mulcahey

Equity raised: $66 million

Estimated 2020 revenue: $8 million

Lead investors: CRV, Lightspeed Venture Partners, Silverton Partners

As virtual care skyrocketed during the Covid-19 pandemic, many digital health companies, hospitals and large employers were caught flatfooted, throwing together what Davey calls “chicken wire and bubble gum” solutions. Austin, Texas-based Wheel offers software to help them set up a telemedicine practice, including a network of vetted contract doctors and nurses. Unlike branded telehealth services like Teladoc, Wheel operates in the background with white-labeltools that enable health providers or other digital health companies to offer virtual health services. Davey, 32, and Mulcahey, 38, first realized what a headache healthcare worker recruitment was, due to differing state regulations, while working at an early telehealth startup. In 2018, the duo decided to take a stab at his industrywide pain point with a staffing marketplace for virtual clinicians. Now the company expects its back-end software to deliver more than a million patient visits in 2021, a fivefold increase over 2020. In the post-pandemic world, virtual care is going to be “table stakes for many different types of companies,” says Davey. Wheel has also added psychologists and psychiatrists and plans to expand into triage care.

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FAQs

Which startups are booming? ›

Scroll down to read our list of 25 fast-growing private companies in 2022.
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  • StackBlitz. 5-year search growth: 99X+ ...
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  • Fandom. 5-year search growth: 457% ...
  • Lalamove. 5-year search growth: 700% ...
  • Preply. 5-year search growth: 1500% ...
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  • Oura Ring.
15 Sept 2022

Which country is No 1 in startup? ›

Which are the top countries globally for startup development? According to “Startup Blink Global Ecosystem Report 2022,” the US maintains its status as the highest ranked country. The USA remains in first place on the list for three years in a row, 2020, 2021, and 2022.

What are some billion dollar ideas? ›

9 best million-dollar business ideas
  • B2B products and services. ...
  • Online education. ...
  • Wellness offerings. ...
  • Food delivery services. ...
  • Wedding services and products. ...
  • Dropshipping business. ...
  • Food truck. ...
  • Subscription model business.

What kind of startups make the most money? ›

Top Profitable Startup Ideas
  1. Online Courses. In the past year alone, with more people at home than ever, online courses have seen a huge increase in enrollment. ...
  2. Social Media Consulting. ...
  3. Web Design. ...
  4. Logo Design. ...
  5. Delivery Service. ...
  6. Cleaning Business. ...
  7. Business Consulting. ...
  8. Health and Wellness Business.
15 Sept 2022

What is the fastest growing startup of all time? ›

US shopping site Jet.com holds the unicorn speed record – its $1B valuation occurred just 4 months after the company was founded. Only 4 companies have achieved such a valuation in under a year, and just 20 within 2 years of incorporation.

Which country is best for business in future? ›

Best Countries for Entrepreneurs in 2022: Top 10 Rankings
  • The United States.
  • The United Kingdom.
  • South Korea.
  • Canada.
  • Switzerland.
  • Singapore.
  • China.
  • Sweden.
26 Jul 2022

Which country is best for business 2022? ›

The United Arab Emirates (UAE), with the highest NECI score of 6.8, emerges as the best place to start a new business in 2022, followed by the Netherlands, Finland, Saudi Arabia, and Lithuania.

Which city has most startups? ›

Highlights
  • The national capital of the country rose to 11 spots and made it to the list of top startup hubs for the first time.
  • Silicon Valley based in California, USA has retained the top spot as the biggest startup hub of the country. ...
  • Meanwhile, New York and London have tied for the second spot.
19 Jun 2022

What business can make you a millionaire? ›

  • Financial Services.
  • Eldercare.
  • Business Consultancy.
  • Investment Firm.
  • Education and Training Service.
  • Insurtech.
  • Cleaning Business.
  • Healthcare Consultancy.
11 May 2022

What companies are worth a billion dollars? ›

The 100 largest companies in the world by market capitalization in 2022 (in billion U.S. dollars)
Ranking of the companies from 1 to 100Market capitalization in billion U.S. dollars
Microsoft (United States)2,054.37
Alphabet (United States)1,581.72
Amazon (United States)1,468.4
Tesla (United States)1,038.73
9 more rows
5 Aug 2022

How many start ups fail? ›

Startup Failure Rates

About 90% of startups fail. 10% of startups fail within the first year. Across all industries, startup failure rates seem to be close to the same. Failure is most common for startups during years two through five, with 70% falling into this category.

What are the fastest growing businesses right now? ›

The 10 Fastest Growing Industries in the US
  • Airport Operations in the US. 66.1%
  • Tour Operators in the US. 63.2%
  • Travel Insurance. 62.1%
  • Cruise & Travel Agency Franchises. 59.7%
  • Concert & Event Promotion in the US. 52.7%
  • CBD Product Manufacturing in the US. ...
  • Online Gambling Services in the US. ...
  • International Airlines in the US.

Which are the three fastest growing companies in the US? ›

The Technology Fast 500's top 10 include:
2021 RankCompanyRevenue Growth (2017 to 2020)
1Axonics, inc.87,037%
2GetUpside60,259%
3Attentive49,155%
4Shipwell32,670%
6 more rows

Which industry is growing fast in world? ›

The oil and gas exploration and production industry which is the fastest growing industry in the world expected to be driven by population increase, urbanization, growing living standards, and increasing economies around the world.

What industry will boom in 2022? ›

The consensus seems to be that the financial sector, industrial sector, capital goods will do well in 2022. Pharmaceuticals are also looking to make a mark, and a few experts have placed their bets on real estate and automobiles while others have advised against them.

Which industries will boom in 2022? ›

THE TOP 11 FASTEST GROWING INDUSTRIES IN 2022 LIST – PREDICTIONS
  • ARTIFICIAL INTELLIGENCE. Most websites and apps these days are monitoring and tracking our online behaviour and preferences. ...
  • SOFTWARE. ...
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  • GARDENING AND HOME DIY PROJECTS.
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Which industry will grow in next 5 years? ›

List of the Top Sectors in India that are Most Likely to Provide Excellent Returns-
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  • Renewable Energy Sector. ...
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  • Real Estate Sector. ...
  • Fast Moving Consumer-Goods Sector (FMCG) ...
  • Automobile Sector.
19 May 2022

Which country is financially strongest? ›

With a GDP of 23.0 trillion USD, the USA is by far the world's largest economy in this ranking for 2021. It is followed by China in second place with a GDP of 17.7 trillion USD.

Which is the No 1 business in the world? ›

World's Top 25 Largest Companies
RankNameRevenue USD millions
1Walmart$500,343
2State Grid$348,903
3Sinopec$326,953
4China National Petroleum$326,008
46 more rows

What is the most profitable business to start in 2022? ›

Let's get started!
  • Identifying the most profitable small businesses.
  • #1. Business Consulting.
  • #2. Real Estate Agents.
  • #3. Cleaning Services.
  • #4. Social Media Management.
  • #5. Creating Online Courses.
  • #6. Start a Small Business that Makes Candles or Soap.
  • #7. Payroll Services.

What country is it easiest to start a business? ›

New Zealand

Which country is best to live in future? ›

  • Singapore. #1 in Forward Thinking Rankings. ...
  • Japan. #2 in Forward Thinking Rankings. ...
  • United States. #3 in Forward Thinking Rankings. ...
  • China. #4 in Forward Thinking Rankings. ...
  • South Korea. #5 in Forward Thinking Rankings. ...
  • Germany. #6 in Forward Thinking Rankings. ...
  • Australia. #7 in Forward Thinking Rankings. ...
  • Canada.

Which country has highest entrepreneurship? ›

What are the most entrepreneurial countries in the world? The United States has been recognized as the world's most entrepreneurial country, according to the CEOWORLD magazine Entrepreneurship Index, 2021, while Germany and the United Kingdom placed second and third, respectively.

Which place is best for startup? ›

The Silicon Valley of India, Bengaluru ranks first position when we talk about the city for startups. It is known as the city with the most conducive environment for trade and digitalization. It is home to the nation's largest IT companies, like Infosys, Wipro, Mphasis and many more.

Where is the best place for startups? ›

Despite a turbulent year, the same five global startup ecosystems from 2020 remain at the top of our rankings. Silicon Valley is #1 followed by New York City and London, which for two consecutive years have tied for #2. Beijing is #4. Boston is #5.

What is the tech capital of the world? ›

Silicon Valley is home to many of the world's largest high-tech corporations, including the headquarters of more than 30 businesses in the Fortune 1000, and thousands of startup companies.

What field has the most millionaires? ›

Financial Services

The financial service industry has created the most number of millionaires since modern times, according to the Wealth Report. In the business of money, people make a lot of money. Behind the most successful ventures in the world are people and organizations skilled in deploying and growing money.

What industry will make you rich? ›

7 Industries Most Likely to Make you a Millionaire Today
  • Financial Services. According to the Wealth Report, the financial services business has produced the most millionaires in modern history. ...
  • Technology. ...
  • Real Estate And Construction. ...
  • Food and Beverages. ...
  • Health. ...
  • Media and Entertainment Industry. ...
  • Renewable Energy.
22 Aug 2022

What's the most powerful company in the world? ›

1. Industrial and Commercial Bank of China (ICBC) With $3,124.9 billion in assets, the state-owned Industrial and Commercial Bank of China, Limited (ICBC) is the world's largest and most powerful bank.

What is the most profitable company? ›

In fiscal year 2020, Apple posted the highest net revenue of any company in the world, with profits of 57.4 billion U.S. dollars.

Who is the richest company in the world 2022? ›

Top 10 Richest Companies In The World By Market Cap. 1. Apple Inc. (AAPL) Market Cap – $2.65 Trillion: Apple develops, produces, and sells a wide variety of consumer technology products, including smartphones, laptops, tablets, wearable electronics, home entertainment gear, and more.

What is the easiest business to get started? ›

What are the easiest home businesses to start?
  • Dog Walking.
  • Selling on eBay.
  • House Cleaning.
  • Freelance Writing.
  • Home Tutoring.
  • Social Media Service.
  • House Painting.
  • Yoga Classes.

What is the cheapest most profitable business to start? ›

Here are some low cost business ideas with high profit potential to get you started.
  • Digital Marketing. ...
  • Blogging. ...
  • Copywriting. ...
  • Web Design. ...
  • Product Licensing. ...
  • Translating. ...
  • Personal Training. ...
  • Home and Office Cleaning. Starting a cleaning service really just requires some basic supplies and transportation.
23 Jul 2019

What are the best startups in 2021? ›

Private Startups Valued at Over $10 Billion
CompanyValuationCountry
Bytedance$140BChina
SpaceX$100.3BU.S.
Stripe$95BU.S.
Klarna$45.6BSweden
6 more rows
8 Dec 2021

Which industry is best for startup? ›

8 best industries for startups
  • Technology. Our list is topped by the technology sector. ...
  • Construction. Not many people associate startups with the construction industry. ...
  • Fintech. ...
  • Hospitality. ...
  • Retail. ...
  • Real estate. ...
  • Healthcare. ...
  • Edtech.

What are some unique startups? ›

The Government of India has also been encouraging entrepreneurial activities for some years now through its Startup India Initiative.
...
Top 10 Emerging Startups In India
  • Karza Technologies: ...
  • Yellow Panther: ...
  • Recode Studios: ...
  • Mati: ...
  • Rankpedia: ...
  • Turiya Investments: ...
  • Love Earth:
13 Nov 2021

What is the latest startup? ›

Top Indian Startups To Watch in 2022
  1. TradeX. Year Founded: 2021. HQ: New Delhi, India. ...
  2. IppoPay. Year Founded: 2020. HQ: Chennai, India. ...
  3. Refyne. Year Founded: 2020. HQ: Bengaluru, India. ...
  4. AarogyaAI. Year Founded: 2019. ...
  5. Glamplus. Year Founded: 2020. ...
  6. Unbox Robotics. Year Founded: 2019. ...
  7. Rupifi. Year Founded: 2020. ...
  8. OneDios. Year Founded: 2019.

Which startup is best in USA? ›

Startups: What are the 100 Best Startups to Work for in 2022?
AngelList (2020 List)Forbes (2021 List)LinkedIn (2021 List)
1. AirGarage1. Hiya1. Better.com
2. Airtable2. Bestow2. Gong
3. Bloomscape3. Unite Us3. Glossier
4. Calm4. Curology4. Discord
47 more rows

How many start ups fail? ›

Startup Failure Rates

About 90% of startups fail. 10% of startups fail within the first year. Across all industries, startup failure rates seem to be close to the same. Failure is most common for startups during years two through five, with 70% falling into this category.

Why do most startups fail? ›

Key Takeaways

According to business owners, reasons for failure include money running out, being in the wrong market, a lack of research, bad partnerships, ineffective marketing, and not being an expert in the industry. Ways to avoid failing include setting goals, accurate research, loving the work, and not quitting.

How do you tell if a startup will succeed? ›

Joining a startup? 6 signs it'll be a success
  1. It is well-funded.
  2. They're offering you a standard salary.
  3. People are talking about them.
  4. Their current employees praise it.
  5. The leaders have done it before.
  6. It's a great service or product.
22 Jul 2013

What businesses will thrive in 2022? ›

Industries to consider for business ideas in 2022
  • Sustainability. ...
  • Pet services. ...
  • Fitness. ...
  • Digital events and conferences. ...
  • Home improvement. ...
  • Freelancer support.
11 Oct 2021

What is the fastest growing business? ›

Food trucks, food delivery, and other convenience-oriented dining services are among the fastest growing small businesses. The food delivery industry is estimated to reach $200 billion in annual sales by 2025. Having a space that you own without the extra cost of rent can be a real boost to your bottom line.

Which field has most startups? ›

Whether you run a small business or want to work for one, it's crucial to understanding which startup jobs are in highest demand.
...
The highest demand is for software engineers.
  • Coding.
  • Platform design.
  • Web and mobile development.
  • Quality assurance.
11 Jul 2019

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