We are witnessing unprecedented assembly of unicorn startups that have not collected any money since 2021.
Currently, about 517 global unicorns – or private corporations price $ 1 billion or more 1 – They raised their last known round over three years ago, on Crunchbase data. Such corporations are particularly abundant in some sectors, including corporate software, fitness, trade, artificial intelligence and analytics.
The accumulation occurs among the slow period for technical IPO and large acquisitions. Until now, this yr we have not seen any technological unicorns – even those in hot spaces that have recently raised large rounds.
In addition, the amount of money that went to invisible unicorns is significant. On Crunchbase dataThose on our list collected over $ 260 billion, with $ 80 billion secured by American unicorns.
Below we glance closer to the sectors where most of the money went, focusing on American unicorns.
SAA
At least 45 American unicorns Saas I have not raised the round since 2021.
This is not extremely surprising. In general, Saas was difficult, with market correction, detachment of lanes by corporate clients, slower growth feet and pressure on the inclusion of AI technology.
The list of invisible unicorns SaaS includes several great fundraisers. The largest software platform for capital and fund management CartaUntil now $ 1.16 billion. San Francisco obtained a valuation of $ 7.4 billion three years ago, but it was Apparently valued Last yr for a fraction of this.
Others include cyber security suppliers Cheap AND Sedativewhich previously collected $ 775 million and $ 730 million respectively for capital financing.
Below we have developed a list of the 10 largest fundraisings of SaaS, which have not been reported from 2021.
Shopping
People did not stop shopping, but unicorns related to electronic trade and consumers actually provided less financing.
According to Crunchbase data, there are at least 36 American unicorns in terms of electronic trade and purchases that have not raised rounds from 2021. In total, they attracted over $ 14 billion in capital investments. Given that many of them are consumer brands, the list incorporates some known names.
Among the largest fundraisers is in Miami Reef technologyAt the end of 2020, the startup in the cloud, which raised a round of $ 700 million before the space fell. Another DutchPlatform for conducting cannabis pharmacies, an area that was poorly dealt with with startup investors.
Below we have developed a list of seven largest trade fundraisers that have not reported rounds from 2021.
Fitness and well -being
Fitness and well -being were a solid area of creating a unicorn a few years ago. Currently, the fitness space in particular attracts much less investments, and many heavy fundraisers from a few years ago do not have fresh rounds.
Data on Crunchbase, dozen American unicorns associated with fitness and wellness have not raised the round from 2021. At the top of the list there is a slimming platform Noomwhich collected $ 540 million with a valuation of $ 3.7 billion in 2021. Since then, the New York company has carried out many rounds of layoffs.
Intelligent Marek of Exercise Bikes Fast raised the last reported round – $ 450 million C series – in 2020 and in the space of biological renewal Cerebralpsychiatric care platform, which raised $ 462 million from Softbank and others in 2020–2021.
Below we organized a list of seven unicorns related to fitness and wellness, which have not been reported since 2021.
AI and Analytics
AI and analytics are still highly regarded spaces for financing the undertaking, so we did not first look for examples of unicorns that they have not raised for several years. In fact, nonetheless, in these categories there are still many corporations that match our criteria.
Data on Crunchbase, at least 56 American unicorns in the analytical or AI industries have not raised the round since 2021. Earlier this group collected over $ 18 billion.
It does not necessarily indicate that these corporations fell out of favor. While some are fighting, others still appear to be in growth mode. Many probably still finance operations with capital collected a few years ago.
Below we have organized a list of artificial intelligence, data and unicorns related to analyzes that have recently raised financing in 2021 or earlier.
Panic or not panic
For investors, the growing accumulation of long -financed unicorns is not necessarily a reason for panic. Many raised huge rounds during the market summit, providing money for dry years. And some should proceed to generate enviable phrases. Just look at RedditThe contractor’s star among last yr’s IPO, which raised the last round of the undertaking in 2021.
On the other hand, there are the reason why panicing would make sense. Usually, startups, which raise the next rounds, do it in three years. It often takes only months for the most sought after corporations. Meanwhile, the company has passed 4 years without a new capital, the probabilities of collecting a new round are slim, showed an evaluation of collecting funds of the B series.