Most people associate startup culture with San Francisco and for a good reason, as the city hosted the highest number of privately held companies valued over a billion U.S. dollars, known as unicorns, in 2022. At that time, 181 unicorns had their headquarters in the Californian tech capital, while New York housed 126 of them. Beijing came third in the ranking with 79 unicorns.
Cities with the highest number of unicorns worldwide as of 2022
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Data only includes privately held companies.
Companies referred to as unicorn companies are usually privately held startup companies with a current valuation of one billion U.S. dollars or more.
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Hurun Research Institute. (April 18, 2023). Cities with the highest number of unicorns worldwide as of 2022 [Graph]. In Statista. Retrieved June 18, 2024, from https://www.statista.com/statistics/1062457/cities-highest-number-of-unicorns/
Hurun Research Institute. "Cities with the highest number of unicorns worldwide as of 2022." Chart. April 18, 2023. Statista. Accessed June 18, 2024. https://www.statista.com/statistics/1062457/cities-highest-number-of-unicorns/
Hurun Research Institute. (2023). Cities with the highest number of unicorns worldwide as of 2022. Statista. Statista Inc.. Accessed: June 18, 2024. https://www.statista.com/statistics/1062457/cities-highest-number-of-unicorns/
Hurun Research Institute. "Cities with The Highest Number of Unicorns Worldwide as of 2022." Statista, Statista Inc., 18 Apr 2023, https://www.statista.com/statistics/1062457/cities-highest-number-of-unicorns/
Hurun Research Institute, Cities with the highest number of unicorns worldwide as of 2022 Statista, https://www.statista.com/statistics/1062457/cities-highest-number-of-unicorns/ (last visited June 18, 2024)
Cities with the highest number of unicorns worldwide as of 2022 [Graph], Hurun Research Institute, April 18, 2023. [Online]. Available: https://www.statista.com/statistics/1062457/cities-highest-number-of-unicorns/