The top 25 best-known unicorns: New study

The top 25 best-known unicorns: New study

Unicorn companies are defined as a privately held startup company with a valuation over $1 billion dollars. The list of companies that have reached “unicorn status includes household names like best-known names such as Uber, Spotify and Twitter. There are currently 444 Unicorns worldwide according to CB Insights, 178 of them located within the US.

McGuffin Creative Group set out to explore the relationship between valuation and brand awareness among US-based Business 2 Consumer unicorn companies. To do this, they surveyed over 4,000 consumers to determine which unicorn companies’ consumers are most familiar with. The analysis by McGuffin Creative group analyzed the top 25 best-known unicorns, how brand value aligned with consumer awareness, the fastest growing unicorns as well as demographic breakdown for the best-known unicorns by gender and by age.

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Reddit, Airbnb, Buzzfeed, Credit Karma and DoorDash are the best-known unicorn companies. Listed below is the full top 25 list ranked from top levels of consumer awareness to least:

  1. Reddit (86%)
  2. Airbnb (86%)
  3. Buzzfeed (73%)
  4. Credit Karma (71%)
  5. DoorDash (70%)
  6. Grammarly (58%)
  7. Ibotta (58%)
  8. Quora (54%)
  9. 23andMe (54%)
  10. Epic Games (49%)
  11. Postmates (46%)
  12. Instacart (42%)
  13. Letgo (39%)
  14. LegalZoom (38%)
  15. Wish (36%)
  16. JUUL Labs (36%)
  17. Robinhood (34%)
  18. OfferUp (33%)
  19. Roblox (31%)
  20. Squarespace (31%)
  21. GoodRx (31%)
  22. Discord (31%)
  23. Nextdoor (30%)
  24. Niantic (27%)
  25. Vox Media (27%)

Best-known unicorns by popularity

Reddit and Airbnb’s popularity transcended age and gender differences to remain the two best-known companies on the list. While the bulk of the data tells us that a higher valuation leads to higher awareness, there are exception like JUUL Labs who is valued at $50 billion but is known by just 36% of consumers.

The second part of the analysis looked beyond the most well-known unicorn companies and focused on the fastest growing Unicorns. The fastest-growing unicorns are JUUL labs ($68.7M per day), Epic Games ($34.7M per day), Scopely ($20M per day), DoorDash ($18M per day) and Airbnb ($11.1M per day). Growth is indicated by the value added per day since the company joined the unicorn list.

The full list of fastest growing Unicorns can be seen below:

  1. JUUL Labs
  2. Epic Games (Fortnite)
  3. Scopely (WWE Champions)
  4. DoorDash
  5. Airbnb
  6. Coinbase
  7. com
  8. Robinhood
  9. Wish
  10. Root Insurance
  11. Impossible Foods
  12. Compass
  13. Lemonade
  14. Niantic (Pokemon GO)
  15. Instacart
  16. WeWork
  17. Bird Rides
  18. Postmates
  19. Zume Pizza
  20. Magic Leap
  21. Lime
  22. OpenDoor Labs
  23. Vice Media
  24. LegalZoom
  25. Machine Zone (Mobile Strike)

The last part of the analysis focused on demographic breakdowns for the best-known unicorns by gender and age. Men were most familiar with Reddit, Airbnb, Buzzfeed where women were most familiar with Airbnb, Reddit and Credit Karma. There was much more variance when it came to the generational familiarity with Unicorns.

To see the full breakdown of the most well-known unicorn startups by McGuffin Creative Group, see the graphics below.

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Jacob Wolinsky is the founder of, a popular value investing and hedge fund focused investment website. Jacob worked as an equity analyst first at a micro-cap focused private equity firm, followed by a stint at a smid cap focused research shop. Jacob lives with his wife and four kids in Passaic NJ. - Email: jacob(at) - Twitter username: JacobWolinsky - Full Disclosure: I do not purchase any equities anymore to avoid even the appearance of a conflict of interest and because at times I may receive grey areas of insider information. I have a few existing holdings from years ago, but I have sold off most of the equities and now only purchase mutual funds and some ETFs. I also own a few grams of Gold and Silver

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