Over 800 businesses have attained unicorn status in the last decade
Interested in unicorn enterprises, money.co.uk analysed data from CB Insights between January 2010 to September 2021 to establish which month is the most common for startup businesses to gain unicorn status.
The world’s best month for unicorn businesses |
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Month |
Number of startup businesses established as 'unicorn' |
Combined financial valuation ($USD) |
January |
64 |
$271.60 Billion |
February |
43 |
$138.23 Billion |
March |
81 |
$241.50 Billion |
April |
88 |
$360.08 Billion |
May |
84 |
$226.04 Billion |
June |
88 |
$208.51 Billion |
July |
96 |
$292.22 Billion |
August |
67 |
$156.46 Billion |
September |
90 |
$227.13 Billion |
October |
54 |
$178.80 Billion |
November |
44 |
$126.60 Billion |
December |
48 |
$319.88 Billion |
Money.co.uk found that July is the most popular month for startups to become unicorn, with 96 businesses achieving this status in the month of July between 2010 to 2021. The accumulative valuation of these businesses is an astonishing $292.22 billion.
Contrastingly, data from the last 11 years notes February as the month which has seen the least number of startup businesses attain unicorn status at 43.
Overall, from January 2010 to September 2021, 847 startups have received the prestige of becoming a unicorn business and the total collective valuation of the 847 unicorn businesses is a colossal $2,747.05 trillion.
From the 847 startup businesses that gained unicorn status from January 2010 to September 2021, the five countries which produced the most were: United States – 424, China – 165, India – 41, United Kingdom – 33 and Germany – 19.
Additionally, the five industries which produced the most were: Fintech – 167, internet software and services – 144, e-commerce and direct-to-consumer – 88, artificial intelligence (AI) – 71 and health – 57.