Forbes August 13, 2024
TrueBridge Capital

Since 2015, the Next Billion-Dollar Startups, produced in partnership with TrueBridge Capital, has sought to recognize venture-backed companies that are not only growing rapidly, but also have staying power. With more than 55,000 venture-funded private companies in the market today, selecting the 25 companies with the best potential to hit unicorn status–a valuation of $1 billion–is a challenging and exciting task.

To qualify for consideration, companies must be based in the United States, defined as having their headquarters or CEO domiciled in the U.S. They also must be private and venture-backed, have a current valuation of less than $1 billion and be willing to submit data for analysis.

While we regularly review the analytical model and overall methodology used to...

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