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5 Startups — Future Unicorns 2.0🦄🚀

TrueBridge asked 300 venture firms to name the companies that are likely to reach the valuation of $1 billion. Then, Forbes surveyed 100 startups and derived the top list. If you haven’t read the first part, be sure to check it out!

Andela
The amount of investments: $181 million
The company is aimed at attracting IT specialists in the US. Andela looks for and teaches software developers in Aftica. Then they are distantly employed for Microsoft, Facebook, and Google. Jeremy Johnson became the co-founder only 2 months after the first educational startup had entered the stock exchange.

Fivetran
The amount of investments: $60 million
In 2012, Frazer and Taylor-Brown launched the company engaged in automatic data integration. Initially, they didn’t have a big interest from investors.
However, after some time the value of data integration became obvious.

Fivetran comprises organization data from isolated sources conducting a complicated data analysis. So far, the company has created 130 automatic ‘connectors’ including Salesforce, Oracle, and Dropbox.

Lyra Health
The amount of investments: $176 million
Every year 50 million Americans suffer from mental issues. The main problem is not treatment but access to aid. Ebersman quitted the financial directorship of Facebook in order to cope with this problem.

Lyra’s concept is to help companies provide psychological assistance for their staff. 40 companies have used the service, in particular, eBay, Pinterest, and Starbucks. Thus, over a million employers gained access to 3,000 psychotherapists. Now people are even more exposed to stress due to the pandemic, which draws their attention to mental health.

Ironclad
The amount of investments: $84 million
The startup develops software which allows companies to easily process, edit, and send treaties. There are such clients as MasterCard, Staples, and Reddit who cooperates with Ironclad in order to adapt the software.

The technical director is Cai Gogwilt — Palantir ex-engineer. CEO is Jason Boehmig worked initially as an investment banker.

Gong
The amount of investments: $133 million
The company provides a software that automatically processes and scans all user communications with clients: e-mails, calls, video chats. The aim is to identify who can be offered a more expensive tariff and who is about to refuse the services. The saved time allows to easily put up with the thought ‘Big Brother is watching everyone’.

Amit Bendov used to work for SiSense and develop software for commercial exploration. He came together with Eilon Reshef with the aim to launch Gong in 2015. Though some companies encountered difficulties during the pandemic, Gong benefitted from this.

Which startup is the most likely to reach $1 billion? Share in our chat 💬


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