Damn, we’re good. For the tenth year running, Forbes has teamed up with TrueBridge Capital Partners to search for the 25 U.S. venture-backed companies most likely to reach a $1 billion valuation. Of the list’s 225 alumni, 131, or 58%, became unicorns, including DoorDash, Figma, Anduril, Benchling and Rippling, although 21 of those are now worth less than $1 billion. Forty-two were acquired; only three (1%) went public for less than $1 billion. There have been surprisingly few disasters: Just five startups imploded or shut down, most spectacularly microbiome testing startup uBiome, an alum of the 2018 list, which liquidated after being raided by the FBI over its billing practices. This year’s batch— chosen from more than 150 nominations and presented here in alphabetical order—is, unsurprisingly, full of companies betting on artificial intelligence to do, well, just about everything.
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