A unicorn is a startup marked at USD 1 Billion or more. These are highly innovative and market disruptive startups. Algeria has more than 1.6K+ startups. Of these, 2 have become Unicorns, with the latest entrant to the club being YASSIR on Nov 07, 2022. In 2026, Algeria has seen no new unicorn startups.
Globally, Algeria is number 40 in terms of total Unicorns created, behind Taiwan (3 unicorns) at rank 39 and Portugal (3 unicorns) at rank 38. Algiers leads the list of cities in Algeria with most unicorns at 1. Among sectors, Consumer has seen the most unicorns created at 1, followed by Auto Tech at 1, and Transportation and Logistics Tech at 1
Here is a list of all 2 unicorns created in Algeria:
2. YASSIR
YASSIR joined the Unicorn Club on Nov 07, 2022 after raising a $***** Series B funding round led by Bond Capital.
App-based platform offering ride-hailing and on-demand services. The platform enables users to book their ride by providing location, passenger details, and more. It offers features like real-time tracking, variant payment options, etc. Also, it offers various services like delivery services, corporate ride-hailing, online e-commerce platforms, and more. The mobile app is available for both Android and iOS platforms.
Key facts about YASSIR
- Founded Year: 2017
- Location: Algiers (Algeria)
- Stage: Series B
- Primary Sector: Road Transport Tech
- Time to Unicorn: 5 years 10 months
- Top investors : Bond Capital, ACE & Company
- Valuation: $*****
- Total Funding till date: $193M
- Employee Count: 2,060 as on Sep 30, 2026
- Latest Funding Round: Series B, Nov 07, 2022, $*****
1. Jumia
Jumia joined the Unicorn Club on Mar 03, 2016 after raising a $***** Series D funding round led by MTN, Goldman Sachs.
Online marketplace offering multi-category products. The product catalog includes electronics, healthcare, beauty, sports, garden accessories, and more. The mobile application is available for Android and iOS users.
Key facts about Jumia
- Founded Year: 2012
- Location: Algeria
- Stage: Public
- Time to Unicorn: 4 years 2 months
- Top investors : Goldman Sachs, Tengelmann Ventures
- Total Funding till date: $593M
- Employee Count: 12,806 as on Sep 30, 2026
- Latest Funding Round: Post IPO, Aug 12, 2026, $*****
