Briefcase illustration by Heather Skovlund for 360 Magazine

Highest-Valued Startups

Three Highest-Valued US Startups Now Worth $208 Billion Following Stripe’s $95 Billion Valuation

Following its most recent funding round, Stripe became the most valuable private company in Silicon Valley. According to the research data analyzed and published by ComprarAcciones, the digital payments giant raised $600 million at a $95 billion valuation. That was close to triple the $36 billion valuation it had in April 2020.

Based on rankings published by Pitchbook, it is now the most valuable private company in the US. It sits ahead of Space X ($74 billion) and Instacart ($39 billion).

Worldwide Unicorns Total 603 with Cumulative Valuation of Over $2 Trillion

The top three US-based private companies are now worth a cumulative $208 billion, up from $149 billion prior to the Stripe funding.

On a global scale, Stripe is now the second most valuable unicorn. It is second only to ByteDance, TikTok’s parent company, whose valuation was $180 billion during a December 2020 funding round. Space X is third, while Chinese ride hailing giant Didi Chuxing is fourth at $69 billion. Instacart sits in fifth place.

Among US fintech companies, Stripe is the most valuable. It is almost 10 times the value of second-placed Robinhood, which is worth $11.7 billion.

Stripe is also more valuable than all euro zone banks with the exception of HSBC. HSBC, which is currently the largest European bank, has a market capitalization of $118 billion according to Marketwatch.

Additionally, Stripe’s valuation is higher than Facebook’s $80 billion valuation prior to its 2012 IPO. It is also ahead of Uber’s $72 billion valuation in 2018, prior to the 2019 public listing.

According to CB Insights, there were a total of 603 unicorns worldwide as of March 2021 valued at a collective $2.005 trillion.

In the public market, Saudi Aramco still holds the record for largest IPO of all time, which raised $29.4 billion. Snowflake holds the 2020 title after its $3.9 billion raise at a $33.2 billion valuation.

The full story, statistics and information can be found here.

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