Major tech startups like Uber, Airbnb, and SpaceX are among the most highly valued private companies, PitchBook reports . But recent major investments into burgeoning tech startups including Juul and Pokemon Go-creator Niantic have brought new players into the spotlight. At this point, there are almost too many billion-dollar startups to count.
Uber's $72 billion valuation solidifies the company's spot at the top. However, the ride-hailing platform plans to go public this year , so the No. 1 spot will soon be up for grabs. Other companies in the rankings, including Slack and Lyft, are rumored to soon file for IPOs, so the standings could change soon.
Here are the 27 most valuable VC-backed startups in the US:
(tied) 24. Credit Karma $4.0 billion
Company role: Platform for consumer finance and free credit score reports
Latest investment amount: $175 million (June 2015)
(tied) 24. Wish $4.0 billion
Company role: Digital shopping app for items directly from suppliers
Latest investment amount: $500 million (May 2017)
(tied) 24. Houzz $4.0 billion
Company role: Platform for home remodeling and design
Latest investment amount: $400 million (June 2017)
(tied) 24. DoorDash $4.0 billion
Company role: On-demand food delivery app
Latest investment amount: $250 million (August 2018)
(tied) 24. Niantic $4.0 billion
Company role: Augmented reality video games, including "Pokmon Go"
Latest investment amount: $245 million (January 2019)
22. Intarcia Therapeutics $4.1 billion
Getty Images/Christopher Furlong
Company role: Therapeutic drugs for chronic diseases
Latest investment amount: $615 million (August 2017)
21. Peloton $4.2 billion
Business Insider/Mary Hanbury
Company role: At-home stationary bikes and other fitness equipment
Latest investment amount: $550 million (August 2018)
(tied) 19. SoFi $4.4 billion
Company role: Financial services for loans and wealth management
Latest investment amount: $500 million (March 2017)
(tied) 19. Compass $4.4 billion
Company role: Platform for real estate agents and customers
Latest investment amount: $400 million (September 2018)
18. Machine Zone $5 billion
Company role: Multiplayer mobile games developer
Latest investment amount: $330 million (August 2016)
17. Robinhood $5.6 billion
Company role: Financial investments platform
Latest investment amount: $363 million (May 2018)
16. Magic Leap $6.4 billion
Company role: Augmented reality and 3D imagery technologies
Latest investment amount: $963 million (March 2018)
15. Tanium $6.7 billion
Dean Mouhtaropoulos/Getty Images
Company role: IT security systems
Latest investment amount: $200 million (October 2018)
14. Slack $7.1 billion
Company role: Collaboration and communication platform for workplace
Latest investment amount: $427 million (August 2018)
(Note: Slack confidentially filed to go public on February 4th.)
13. Instacart $7.9 billion
Company role: On-demand grocery delivery app
Latest investment amount: $871 million (December 2018)
12. Coinbase $8.1 billion
Company role: Bitcoin exchange platform
Latest investment amount: $300 million (October 2018)
11. Pinterest $12.3 billion
Avery Hartmans/Business Insider
Company role: Online content sharing platform
Latest investment amount: $150 million (June 2017)
10. Samumed $12.4 billion
Company role: Drugs for degenerative diseases
Latest investment amount: $438 million (August 2018)
9. Epic Games $15.0 billion
Company role: Developer of video games, including "Fortnite"
Latest investment amount: $1.3 billion (October 2018)
8. Lyft $15.1 billion
Justin Sullivan/Getty Images
Company role: On-demand ride-hailing app
Latest investment amount: $600 million (June 2018)
7. Palantir $20.5 billion
Company role: Data fusion platforms for companies
Latest investment amount: $20 million (November 2016)
6. Stripe $22.5 billion
Company role: Online payment platform
Latest investment amount: $100 million (January 2019)
5. SpaceX $30.5 billion
Company role: Space transport vehicle manufacturer
Latest investment amount: $500 million (January 2019)
4. Airbnb $31 billion
Company role: Online marketplace for short-term home rentals
Latest investment amount: $1 billion (September 2017)
3. Juul $38 billion
Melia Robinson/Business Insider
Company role: Nicotine vaporizer developer
Latest investment amount: $12.8 billion (December 2018)
2. The We Company (formerly WeWork) $47 billion
Company role: Shared workspaces for small businesses
Latest investment amount: $5 billion (January 2019)
1. Uber $72 billion
Company role: On-demand ride-hailing app
Latest investment amount: $2 billion (October 2018)
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