Unicorn companies have emerged as the trend of investing over the last couple of years and have well-founded reasons. They are businesses that have surpassed a billion-dollar valuation before launching into the market for public investors. Numerous startups have opened the way for investors from the private sector to be convinced of the potential of these businesses and their potential to transform the way industries operate. Many unicorns may have the chance to attain “decacorn” or “hectocorn” recognition and are valued at multibillion dollars.
This list contains the top unicorn companies to keep an eye on, which includes the founders and their venture partners, and to help you determine the value of your investment for the coming years. Each year, startups are able to be at the top of their field with exciting new ideas and disrupting business models.
Here are the best startup unicorns in 2023 that startups, as well as investors and future entrepreneurs, must be following. Let’s get started.
Table of Contents
What is a Unicorn Startup?
Startups called unicorns are those that have achieved a billion-dollar valuation. They are very uncommon and sought-after since they typically represent a higher level of achievement and are a signpost to the future.
Most unicorns fall within the field of technology; however, there are many across other areas, like food and beverages retail transport. One of the most distinctive features of unicorns is the use of venture capitalists. Venture capital can be found in wildly successful startup companies since they supply the money needed to help grow the company.
Top 10 Saas Products in 2023, Who Turned Unicorn Companies
Stripe
It is a payment processor that is designed for businesses on the Internet. Stripe lets users bill customers on a regular basis, establish the marketplace, or take payment via its fully integrated and global payment platform.
Developers can quickly create production-ready integrations using modern technology, from React components to live-time webhooks. The developer platform offered by Stripe means lower maintenance costs for older systems and a more excellent concentration on the core customers and user experiences.
- Deployment – Cloud, SaaS, Web-Based.
- Platform – Mac, Windows, Linux, Android, iPhone, iPad.
- Top Features – ACH Payment Processing, API, Accounting Integration, Activity Dashboard, Billing and invoicing, Compliance Management, Credit Card Management, Credit Card Processing, Cryptocurrency Processing, Data Security, Debit/Credit Card Processing, Electronic Payments, Fraud Detection, In-Person Payments, Invoice Management, Mobile Access, Mobile Payments.
- Free Trial & Version Available
- Prize – $0.30/ Usage Based
- Best for – Multi-Currency, Online Payments, PCI Compliance, Partial Payments, Payment Fraud Prevention, Payment Processing, Point of Sale (POS), Receipt Management, Recurring/Subscription Billing, Reporting and statistics, Reporting/Analytics, Sales Reports, Self Service Portal.
- Support – Email/Help Desk, FAQs/Forum, Knowledge Base, Phone Support, 24/7 (Live Rep), Chat.
- Overall Rating – 5/5 Stars
Celonis
Celonis is the world leader in execution-related management. With its core process mining technology, Celonis has evolved from its origins as a Process Mining company into an innovation in execution management that allows enterprises to unleash their capacity for execution and achieve their fullest potential.
The management system helps data be beneficial to its clients by identifying the inefficiencies that are causing them and bringing interconnected processes into one, thereby removing billions of dollars in company inefficiencies, making more effective business decisions, and automatizing the correct actions.
- Deployment – Cloud, SaaS, Web-Based.
- Platform – Windows, Linux, iPhone, iPad.
- Top Features – Business Process Control, Collaboration Tools, Process Change Tracking.
- Free Trial & Version Available
- Prize – $0.01/ Per Feature
- Best for – Process Modeling & Designing, Reporting/Analytics.
- Support – Email/Help Desk, FAQs/Forum, Knowledge Base, Phone Support, 24/7 (Live Rep), Chat.
- Overall Rating – 4.8/5 Stars
Talkdesk
Talkdesk is the leading web-based solution for contact centers, which helps companies around the globe build better relations with customers. The trusted solution of Box, Shopify, and many other top customer-centric organizations, Talkdesk empowers agents with the ability to see from all angles of a customer.
Talkdesk integrates seamlessly with enterprise tools like Salesforce, Zendesk, Slack, Desk.com, and 20 and more popular software. With hundreds of features that can be customized, including automated workflows, live reporting, and routes based on skill, Talkdesk is the ideal service for contact centers of all kinds and of any size.
- Deployment – Cloud, SaaS, Web-Based.
- Platform – Windows, Mac, Linux, Android, iPhone, iPad.
- Top Features – AI/Machine Learning, API, Access Controls/Permissions, Activity Dashboard, Activity Tracking, Agent Interface, Alerts/Escalation, Alerts/, Notifications Answering Machine Detection, Archiving & Retention, Auto-Dialer, Automated Routing, Automatic Call Distribution, Automatic Lead Distribution.
- Free Trial & Version Available
- Prize – Price not provided by the vendor.
- Best for – Automatic Outbound Dialer, Blended Call Center, CRM, Call Center Management, Call Conferencing, Call List Management, Call Logging, Call Monitoring, Call Queues, Call Recording, Call Routing, Call Screening.
- Support – Email/Help Desk, FAQs/Forum, Phone Support, Chat.
- Overall Rating – 4.7/5 Stars
OutSystems
OutSystems is a highly-performance, low-code system that can achieve serious productivity by creating powerful apps that are constantly evolving. Tools for visual development and automation driven by AI assist customers in tackling important issues like the modernization of applications, workplace innovations, automation of business processes, and customer experience improvement.
OutSystems guarantees that its solutions are reliable, secure, and cloud-ready. They are also built to grow. OutSystems isn’t a typical low-code solution; every element on the forums was created to offer you all the tools that you require to develop and deploy, as well as manage and update your applications for mobile and on the web extremely quickly.
- Deployment – Cloud, SaaS, Web-Based.
- Platform – Windows, Mac, Linux, Android, iPhone, iPad.
- Top Features – AI-assisted Development, API, Access Controls/Permissions, Activity Dashboard, Activity Tracking, Agile Methodologies, Alerts/Notifications, Application Management, Approval Process Control, Audit Trail, Authentication, Business Process Automation, and Change Management.
- Free Trial & Version Available
- Prize – Price not provided by the vendor.
- Best for – Customizable Templates, Data Aggregation and Publishing, Data Import/Export, Data Modeling, Data Synchronization, Data Visualization, Database Support, Debugging, Graphical User Interface, and Graphical Workflow Editor.
- Support – Email/Help Desk FAQs/Forum Knowledge Base Phone Support, Chat.
- Overall Rating – 4.7/5 Stars
Gusto
If you’re starting or are looking to expand your rapidly growing business, Gusto is the partner that you require to expand and develop your team. Gusto offers the latest HR tools, including payroll, benefits, managing resources, hiring, and much more- all together in one spot.
Gusto is pleased to support over 300,000 companies throughout the US by providing a single, trusted tool for competitive compensation as well as expert advice that will help you build the team. When people are happy, your company thrives, too.
- Deployment – Cloud, SaaS, Web-Based.
- Platform – Windows, Mac, Linux, Android, iPhone, iPad.
- Top Features – 401(k) Tracking, ACA Reporting, Accounting Integration, Activity Dashboard, Applicant Tracking, Attendance Tracking, Audit Trail, Benefits Administration Outsourcing, Benefits Dashboard, Benefits Management, COBRA Administration, Check Printing, Collaboration Tools, Compensation Management.
- Free Trial & Version Available
- Prize – $6/ Per month.
- Best for – Employee Management, Employee Onboarding, Employee Portal, Employee Profiles, Employee Self Service, Feedback Management, For Accountants, For Cloud, For Small Businesses, HIPAA Compliant, HR Management, HSA/FSA Administration, Health Insurance Administration, Learning & Development.
- Support – Email/Help Desk FAQs/Forum Knowledge Base Phone Support, Chat.
- Overall Rating – 4.4/5 Stars
Personio
Personio is a complete HR solution for small- or medium-sized businesses with up to 2000 workers. People Workflow Automation, an innovative HR software category created by Personio, is a cross-departmental solution that offers integrated processes as well as seamless integrations.
Personio has been made to be as simple as it is to connect with third-party applications in order to develop your optimal techniques. Different solutions specialized for your needs (e.g., software for travel expense software) can easily be integrated into Personio.
- Deployment – Cloud, SaaS, Web-Based.
- Platform – Windows, Mac, Linux, Android, iPhone, iPad.
- Top Features – 360 Degree Feedback, API, Access Controls/Permissions, Activity Dashboard, Activity Tracking, Ad hoc Reporting, Alerts/Notifications, Applicant Tracking, Application Management, Approval Process Control.
- Free Trial & Version Available
- Prize – $2.88/ Per month.
- Best for – Direct Deposit, Document Management, Document Storage, Electronic Forms, Electronic Signature, Email Management, Email Templates, Employee Database, Employee Handbook, Employee Management, Employee Onboarding, Employee Portal.
- Support – Email/Help Desk FAQs/Forum Knowledge Base Phone Support, Chat.
- Overall Rating – 4.4/5 Stars
Papaya Global
Papaya Global is a SaaS fintech business that offers worldwide payroll solutions and is the only company with an integrated payment platform that is specifically tailored to the requirements of multinational company employees. Papaya’s encompassing technology, also known as Papaya Payroll OS, offers the world’s payroll system with automated flexibility, compliance, and security.
The platform provides finance professionals with the control and visibility to manage the workforce’s spending and payment as well as complete responsibility in the event of a problem. Papaya’s integrated method brings together the disparate elements of the global payroll system, including standardizing HCM processes and data as well as ERP instruments to provide one source of truth.
- Deployment – Cloud, SaaS, Web-Based.
- Platform – Windows, Mac, Linux, Android, iPhone, iPad.
- Top Features – Activity Dashboard, Applicant Tracking, Benefits Management, Budget Management, Budgeting/Forecasting, Cap Table Management, Compensation Management, Compensation Plan Modeling, Compliance Management, Compliance Tracking.
- Free Trial & Version Available
- Prize – $150/ Per month.
- Best for – Employee Management, Employee Onboarding, Employee Profiles, Employee Scheduling, Financial Modeling, HR Management, HR Metrics Library, Invoice Management, Leave Tracking, Market Data Analysis, Multi-Country, Multi-Currency, Multi-State.
- Support – Email/Help Desk FAQs/Forum Knowledge Base Phone Support, Chat.
- Overall Rating – 4.3/5 Stars
Tanium Endpoint Platform
Tanium Endpoint Platform is a cloud-based and on-premise computer security program that allows businesses to control incidents, monitor the inventory of assets, and manage vulnerabilities as well as other issues from the same platform.
Staff members can create drill-down reports that help detect the weaknesses in their systems and initiate remediation actions that include software updates, patches, a patching process, and modifications to policies.
Tanium Endpoint Platform’s Threat Response module allows team members to perform a forensic investigation and de-risk vulnerable machines, take files, block malware-related processes, and shut down any unauthorized connection.
- Deployment – Cloud, SaaS, Web-Based.
- Platform – Windows, Mac, Linux, Android, iPhone, iPad.
- Top Features – Compliance Management, Endpoint Protection, Incident Management, Monitoring, Patch Management.
- Free Trial & Version Available
- Prize – Price not provided by the vendor.
- Best for – Policy Management, Remote Monitoring and Management, Vulnerability Scanning.
- Support – Email/Help Desk FAQs/Forum Knowledge Base Phone Support, Chat.
- Overall Rating – 4.2/5 Stars
Mambu
Mambu can be described as a cloud-based financial software that helps financial institutions monitor and manage their finances on one platform. It provides a modular bank solution that permits companies to design and build banking products as well as financial services according to customer requirements.
The solution allows banks to develop and start deposits or lending portfolios as well as handle transaction processing and save accounts, customers, and transaction information in a centralized database.
Mambu features include management of customer experiences, including risk assessment, customizable processes, credit-related decisions, secure authentication and data analysis, and much more. It allows finance teams to simplify lending processes, from the management of loan origination to the servicing and collection process.
- Deployment – Cloud, SaaS, Web-Based.
- Platform – Windows, Mac, Linux, Android, iPhone, iPad.
- Top Features – API, Access Controls/Permissions, Audit Management, Authentication, Bank Reconciliation, Contact Database, Core Banking, Credit Union, Customer Accounts, Customer Experience Management, Data Import/Export, Lending Management, Monitoring.
- Free Trial & Version Available
- Prize – Price not provided by the vendor.
- Best for – Multi-Branch, Online Banking, Reporting/Analytics, Retail Banking, Risk Analysis, Risk Assessment, Third Party Integrations.
- Support – Email/Help Desk FAQs/Forum Knowledge Base Phone Support, Chat.
- Overall Rating – 4.1/5 Stars
DataRobot
DataRobot is an automated machine-learning platform for businesses that lets them build and implement machine-learning models and build sophisticated AI applications utilizing AI as well as ML specialists. DataRobot is a platform that identifies good practices and protects against threats, as well as gives the ability to speed up and expand existing and new capacities in data science.
Furthermore, DataRobot provides businesses with specifically targeted AI and ML-related training as well as solutions through an enlisted team comprised of AI designers, business consultants, and systems architects. DataRobot includes a vast collection of open-source, powerful machine-learning algorithms and methods.
- Deployment – Cloud, SaaS, Web-Based.
- Platform – Windows, Mac, Linux, Android, iPhone, iPad.
- Top Features – API, Artificial Neural Networks, Data Extraction, Data Transformation, Deep Learning, Image Analysis, ML Algorithm Library, Model Training, Natural Language Processing, Neural Network Modeling.
- Free Trial & Version Available
- Prize – Price not provided by the vendor.
- Best for – Predictive Analytics, Predictive Modeling, Real-Time Monitoring, Reporting/Analytics, Search/Filter, Visualization.
- Support – Email/Help Desk FAQs/Forum Knowledge Base Phone Support, Chat.
- Overall Rating – 4.0/5 Stars
Conclusion
These startups are disrupting sectors like sales, finance, marketing as well as IT. As with all software businesses, it is accelerating global innovation. Make sure you keep in mind these fantastic startup companies as they continue to increase their size and reach.
