Billion Dollar Unicorns: Katerra Tackles the Construction Industry with Technology

The construction sector is one of the largest in the world economy, with about $10 trillion spent on construction-related goods and services every year. However, according to a recent report from McKinsey Global Institute, the industry’s productivity has trailed that of other sectors for decades, and there is a $1.6 trillion opportunity to close the gap. Katerra is a recent entrant to the Billion Dollar Unicorn club that is attempting to bridge this gap with its technology.

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CloudHealth is a Prospect for Acquisition

According to Gartner, more than $1 trillion in IT spending will be directly or indirectly affected by the shift to cloud by 2020, making cloud computing one of the most disruptive forces of IT spending since the early days of the digital age. CloudHealth’s cloud management platform is riding this wave of corporate cloud adoption. >>>

IPO Prospects: Zuora Inching Towards an IPO

According to a recent Gartner report, global spending on SaaS or cloud application services will grow 20% to reach $46.3 billion in 2017. The resulting rise in subscription economy has benefitted Mountain View, California-based Zuora, which helps companies deal with the billing and pricing complexities involved in running subscription-based businesses. >>>

Aria Systems is Helping Cloud Companies Bill

According to a recent MarketsandMarkets report, the global cloud billing market is expected to be worth $16.59 billion by the year 2021. The cloud billing market was estimated at $5.7 billion last year, thus translating to a 24% annual growth rate over the next five years. San Francisco-based Aria is a leading player in this industry.

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Indian Healthcare Startup Practo On Path To Profitability

According to World Bank data, India has just 0.7 physicians per 1,000 people compared to 2.8 and 3.5 in the UK and US, respectively. Access to healthcare is one of the pain points that Bangalore-based healthcare startup Practo tries to address. >>>

Billion Dollar Unicorns: Looker Counts on Big Data Analytics

According to IDC, global revenues for Big Data and business analytics are estimated to grow 12% annually to $203 billion by the year 2020 from $130.1 billion in 2016. Santa Cruz-based Looker is a potential Billion Dollar Unicorn club member in the industry. >>>

Billion Dollar Unicorns: Taboola and Outbrain Exploring a Merger

According to a research report by PQ Media, the global content marketing market size is estimated to grow to $313 billion by 2019 from $200 billion in 2016. Within the space, there are two key players who dominate the market – Taboola and Outbrain. Once potential members of the Billion Dollar Unicorn club, the two companies are now looking to merge.

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BlackLine Continues to Soar Driven by Strong Leadership

If there is one company that has made the process of a successful listing on the stock exchange look easy, it is Los Angeles-based BlackLine (Nasdaq: BL). BlackLine went public last October despite the weak IPO market and has sailed smoothly ever since. It shows how the market still values a good business model coupled with good finance governance. BlackLine was recently awarded the IPO of the Year Award by ACG LA.

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Indian Food Delivery Startup Swiggy Enters the Overfunded Club

According to Inc42, of the 105 foodtech startups launched in India, only 58 were active in 2016. Once considered attractive by investors, the market is overcrowded, overfunded, and plagued by price wars as well as weak logistics and delivery infrastructure. Swiggy is a recent entry to this overfunded club. >>>

Billion Dollar Unicorns: Toutiao Snags a Big Round, But Growth and Revenues Remain Tricky

Earlier this quarter, Chinese news aggregating site Toutiao raised a whopping $1 billion for its expansion. The round valued the company at nearly twenty times the valuation that it had secured two years ago – making its position secure in the Billion Dollar Unicorn club.

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