Unicorn Startup Growth Slows in 2022 But New Companies Still Emerge

Eight new unicorn startups joined the unicorn board in September 2022, adding over $15 billion in valuation.

Grocery delivery unicorn Instacart and marketing unicorn Klaviyo had lukewarm IPO debuts, valued below their private market valuations.

Unicorn births are slowing in 2022, averaging 7 per month versus 27 per month in 2021.

New unicorns span sectors like semiconductors, AI, sustainable energy, manufacturing and fintech.

The unicorn board now has over 1,470 companies valued at nearly $5 trillion that have raised around $900 billion.