Ukrainian Grammarly, a writing tool and Faire, a marketplace for retailers and wholesalers, were the most recent additions valued at $10 billion just in November.
- More new startups valued at $10 billion or above have been minted in 2021—far more than in any prior year, and double the number created in 2020, which set the previous record for new “decacorns,” as these highly valued companies are known.
- This year’s growth shouldn’t necessarily come as a surprise, given that 2021 has been a record-shattering year for venture funding around the globe, The Crunchbase Unicorn Board recently peaked above 1,000 companies for the first time, and private equity and hedge funds have rushed to fund high-growth startups at unprecedented rates this year.
Read more about decacorns by Crunchbase: https://lnkd.in/dC6mpha3
