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Only 44 New Unicorn Startups Were Minted in North America This Year Compared to 195 in 2022. Here's the Complete List

Only 44 New Unicorn Startups Were Minted in North America This Year Compared to 195 in 2022. Here's the Complete List

Restaurant365 in 2023 agreed to a $135M funding round co-led by global investment firms KKR and L Catterton with participation from current investors, including ICONIQ Growth and Bessemer Venture Partners.

This article originally appeared in Business Insider. 

Unicorns may once again be an endangered species. 2023 saw only 44 North American companies achieve a valuation of at least $1 billion, according to data from PitchBook. That’s compared to 195 new unicorns in 2022 and a whopping 360 in 2021. In all, there are about 1,300 active unicorns across the world as of December.

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Restaurant Tech For Scaling

Unicorns may once again be an endangered species. 2023 saw only 44 North American companies achieve a valuation of at least $1 billion, according to data from PitchBook. That’s compared to 195 new unicorns in 2022 and a whopping 360 in 2021. In all, there are about 1,300 active unicorns across the world as of December.

Read more at Business Insider.

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Restaurant365 bridges the gap between accounting and operations by centralizing all data, helping restaurant operators to become more efficient, accurately forecast, and tackle any challenge or opportunity with speed and accuracy.