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Unicorn startups in Singapore (May, 2026)

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A unicorn is a startup marked at USD 1 Billion or more. These are highly innovative and market disruptive startups. Singapore has more than 49.9K+ startups. Of these, 37 have become Unicorns, with the latest entrant to the club being ShopBack on Feb 01, 2026. In 2026, Singapore has seen 1 new unicorn startup (as of 11 May). This was 2 lower as compared to the same period last year, with a decrease of 66.67%
Globally, Singapore is number 7 in terms of total Unicorns created, behind Israel (42 unicorns) at rank 6 and Germany (48 unicorns) at rank 5. Singapore leads the list of cities in Singapore with most unicorns at 37. Among sectors, FinTech has seen the most unicorns created at 15, followed by Consumer at 12, and Retail at 12
Here is a list of all 37 unicorns created in Singapore:
ShopBack joined the Unicorn Club on Feb 01, 2026
Screenshot of the website of ShopBack
Online platform providing cashback rewards, coupons, and promo codes for purchases. It allows users to earn money back on shopping, travel bookings, and game play. Users can withdraw earnings to their accounts. The platform offers notifications for deals and automatic application of coupon codes.

Key facts about ShopBack

  • Founded Year: 2014
  • Location: Singapore (Singapore)
  • Stage: Series F
  • Primary Sector: Coupons and Deals
  • Time to Unicorn: 12 years 1 month
  • Top investors : Temasek, East Ventures
  • Annual Revenue: 133M SGD as on Mar 31, 2024
  • Valuation: $*****
  • Total Funding till date: $350M
  • Employee Count: 1,037 as on Mar 31, 2026
  • Latest Funding Round: Series F, Dec 08, 2022, $*****
Supabase joined the Unicorn Club on Apr 22, 2025
Screenshot of the website of Supabase
Cloud based open-source application backend development platform. The platform assists users in developing backends and applications using postgres database and APIs. It offers a database system that enables users to view table relationships, edit schemas, sort data, and clone tables. Its features include media management dashboards, authentication, edge functions, storage, and more.

Key facts about Supabase

35. Sygnum

Sygnum joined the Unicorn Club on Jan 14, 2025 after raising a $58M Series C funding round led by Fulgur Ventures, valuing it at $1B.
Screenshot of the website of Sygnum
Banking solutions for digital assets. It provides multiple solutions for digital assets such as custody, brokerage, tokenization, asset management, lending, B2B Banking, and more. It also offers venture capital funds for digital asset companies.

Key facts about Sygnum

34. Tyme

Tyme joined the Unicorn Club on Dec 17, 2024 after raising a $250M Series D funding round led by Nubank, valuing it at $1.5B.
Screenshot of the website of Tyme
Provider of digital banking services focused on emerging markets. The company offers technology and product development to in-country banks. It designs banks for markets undergoing rapid transformation. The company utilizes a banking platform for multiple countries.

Key facts about Tyme

Polyhedra Network joined the Unicorn Club on Mar 14, 2024 after raising a $20M Series B funding round led by Polychain.
Screenshot of the website of Polyhedra Network
Provider of an online platform offering infrastructure for web3 interoperability. It provides users with a blockchain project focused on enhancing interoperability and computational power through zero-knowledge (ZK) technologies. Its product portfolio includes zkBridge which provides cross-chain infrastructures for layer-1 and layer-2 interoperability by using deVirgo, a novel distributed proof system, ZK-DID, a verifiable credential system, and ZK-NFT which is a programmable NFT protocol with dynamic asset and data containers.

Key facts about Polyhedra Network

Silicon Box joined the Unicorn Club on Jan 09, 2024 after raising a $200M Series B funding round led by BRV Capital Management, Hillhouse Capital Management, Lam Capital and 3 more, valuing it at $1B.
Screenshot of the website of Silicon Box
Developer of chiplet interconnection products. It provides semiconductor integration service. It offers flexibility, scalability, and cost-effectiveness compared to traditional monolithic system-on-chip designs.

Key facts about Silicon Box

31. Coda

Coda joined the Unicorn Club on Dec 06, 2022
Screenshot of the website of Coda
Provider of merchant of record services and global payment solutions. It offers a customizable web store platform for content sales, access to a vast network of payment methods worldwide, and a global distribution network to expand reach. The company handles tax, risk, and compliance aspects for businesses operating internationally, enabling effortless scaling across multiple markets. Its services facilitate monetization beyond traditional card payments, including e-wallets and direct carrier billing. A marketplace is also provided for publishers to sell in-game currencies and digital content.

Key facts about Coda

  • Founded Year: 2011
  • Location: Singapore (Singapore)
  • Stage: Series C
  • Primary Sector: Payments
  • Time to Unicorn: 11 years 11 months
  • Top investors : GIC, Breyer Capital
  • Valuation: $*****
  • Total Funding till date: $710M
  • Employee Count: 728 as on Mar 31, 2026
  • Latest Funding Round: Series C, Apr 14, 2022, $*****
MEGAROBO joined the Unicorn Club on Jun 15, 2022 after raising a $300M Series C funding round led by Goldman Sachs Asset Management, GGV Capital, Asia Investment Capital, valuing it at $1B.
Screenshot of the website of MEGAROBO
Provider of robotic solutions for industrial laboratory automation. It leverage robotics and AI technologies to enhace productivity and productivity in various life sciences applications, including drug discovery and clinical diagnostics. It provides solutions for throughput drug screening, automated cell line development, and synthetic biology.

Key facts about MEGAROBO

Multichain joined the Unicorn Club on Dec 21, 2021
Screenshot of the website of Multichain
Cross-chain router protocol for businesses. It enables users to seamlessly swap between any two blockchain networks, reducing fees and enhancing interoperability. The platform provides a decentralized infrastructure for multi-chain ecosystems, facilitating efficient transactions and interactions between various blockchain networks. Its product portfolio includes a web3 router, a cross-chain messaging protocol, a multi-chain MPC network, and a blockchain explorer.

Key facts about Multichain

28. MokaHR

MokaHR joined the Unicorn Club on Nov 02, 2021
AI-powered applicant tracking system and HR software. It automates recruiting and HR workflows for brands. The company leverages its SaaS solution to streamline hiring processes, enhance data security, and enhance talent acquisition strategies. It empowers enterprises to optimize their HR operations and drive business growth.

Key facts about MokaHR

  • Founded Year: 2015
  • Location: Singapore (Singapore)
  • Stage: Unfunded
  • Primary Sector: HRTech
  • Time to Unicorn: 6 years 10 months
  • Annual Revenue: $221K as on Dec 31, 2024
  • Employee Count: 17 as on Feb 28, 2026
Sky Mavis joined the Unicorn Club on Oct 05, 2021 after raising a $152M Series B funding round led by Andreessen Horowitz, valuing it at $3B.
Screenshot of the website of Sky Mavis
Developer of blockchain games and infrastructure for player-owned digital economies. The company builds virtual worlds and the infrastructure to support them. It offers a game featuring creatures, built to introduce blockchain technology. The company also provides a blockchain designed for developers creating games with player-owned economies. It provides tools for developers to build and scale blockchain-infused games.

Key facts about Sky Mavis

Ninja Van joined the Unicorn Club on Sep 26, 2021 after raising a $578M Series E funding round led by GeoPost, Monk's Hill Ventures, Alibaba Group and 1 more, valuing it at $1.85B.
Screenshot of the website of Ninja Van
App-based platform providing last-mile B2C delivery services. Enterprises, e-stores, and businesses can register on the platform and select doorstep delivery services for their packages. It is a provider of logistics and courier services solutions, utilizing technology and cutting-edge innovation in the industry. They can create orders, track shipments, upload bulk orders, enter shipping details, schedule deliveries, and receive customer payments.

Key facts about Ninja Van

  • Founded Year: 2014
  • Location: Singapore (Singapore)
  • Stage: Series E
  • Primary Sector: Logistics Tech
  • Time to Unicorn: 7 years 8 months
  • Top investors : Alibaba Group, HSBC
  • Valuation: $*****
  • Total Funding till date: $1.1B
  • Employee Count: 4,946 as on Mar 31, 2026
  • Latest Funding Round: Conventional Debt, Oct 16, 2024, $*****
Carousell joined the Unicorn Club on Sep 15, 2021 after raising a $100M Series E funding round led by STIC Investments, valuing it at $1.1B.
Screenshot of the website of Carousell
Online marketplace platform offering multi-category second-hand products. The product catalog includes fashion, stationery, gadgets, home appliances, furniture, food supplies, pet supplies, sports equipment, and more. It also provides job, home services, lifestyle services, and more. The application is available on both iOS and Android platforms.

Key facts about Carousell

  • Founded Year: 2012
  • Location: Singapore (Singapore)
  • Stage: Series E
  • Primary Sector: Horizontal E-Commerce
  • Time to Unicorn: 9 years 8 months
  • Top investors : Rakuten, Olx Group
  • Annual Revenue: $116M as on Dec 31, 2023
  • Valuation: $*****
  • Total Funding till date: $376M
  • Employee Count: 1,229 as on Mar 31, 2026
  • Latest Funding Round: Series E, Sep 04, 2023, $*****

24. Atome

Atome joined the Unicorn Club on Sep 13, 2021
Screenshot of the website of Atome
Online marketplace offering multi-category products on purchase finance. The platform offers solutions for buy now pay later and consumer financing. The product catalog includes beauty, fashion, home decor, babycare, electronics, and more. Its mobile application is available on Android and iOS platforms.

Key facts about Atome

Advance joined the Unicorn Club on Sep 09, 2021 after raising a $200M Series D funding round led by Warburg Pincus, SoftBank Vision Fund, valuing it at $2B.
Screenshot of the website of Advance
Provider of digital identity verification. It provides eKYC, data solutions to easily configurable end to end workflows. It provides digital transformation, fraud prevention, and process automation solutions for enterprise clients. Its products include ID document recognition for document verification, ID Card masking for identity management, and more. It provides solutions for identity verification, video and facial based verification, cloud based deployment solutions, and more.

Key facts about Advance

Eruditus joined the Unicorn Club on Aug 12, 2021 after raising a $430M Series E funding round led by Accel, SoftBank Vision Fund, valuing it at $3.2B.
Screenshot of the website of Eruditus
Platform offers executive education programs from top global universities for working professionals. It offers a comprehensive suite of learning options that include senior executive programs, post‑graduate certificates, and short-duration online courses across domains like general management, leadership, digital transformation, data science, analytics, innovation, marketing, and strategy. It also provides enterprise training and customized private cohorts for businesses seeking workforce upskilling

Key facts about Eruditus

Matrixport joined the Unicorn Club on Aug 02, 2021 after raising a $100M Series C funding round led by DST Global, C Capital, K3 Ventures, valuing it at $1B.
Screenshot of the website of Matrixport
App-based platform offering crypto investment products and financial services solutions. It offers products for crypto trading, derivatives trading, crypto exchange, loans, and more. It offers cold-storage custodian services for digital currencies. It allows merchants to accept payments made in crypto assets through various solutions. The app is available for Android and iOS platforms.

Key facts about Matrixport

20. NIUM

NIUM joined the Unicorn Club on Jul 12, 2021 after raising a $200M Series D funding round led by Riverwood Capital, valuing it at $1B.
Screenshot of the website of NIUM
Cross-border money transfer solutions for businesses. It provides tools to assist in sending, receiving, and making payments. It offers remittance-as-a-service technology to businesses in the fin-tech, travel, e-commerce, and banking sectors. It also offers APIs to support reporting, tracking, book-keeping, reconciliation, invoicing, and compliance solutions.

Key facts about NIUM

  • Founded Year: 2014
  • Location: Singapore (Singapore)
  • Stage: Series E
  • Primary Sector: Digital Remittance
  • Time to Unicorn: 7 years 6 months
  • Top investors : GIC, Temasek
  • Annual Revenue: 148M SGD as on Dec 31, 2023
  • Valuation: $*****
  • Total Funding till date: $312M
  • Employee Count: 1,028 as on Mar 31, 2026
  • Latest Funding Round: Series E, Jun 05, 2024, $*****
Bolttech joined the Unicorn Club on Jul 01, 2021 after raising a $180M Series A funding round led by Activant Capital, valuing it at $1B.
Screenshot of the website of Bolttech
Platform connecting insurers, distributors, and customers for embedded insurance products. It offers coverage for mobile phone insurance, travel insurance, and more. It also offers claims and on-demand servicing. It also offers device repair and valuation services.

Key facts about Bolttech

Amber Group joined the Unicorn Club on Jun 20, 2021 after raising a $100M Series B funding round led by China Renaissance Group, valuing it at $1B.
Screenshot of the website of Amber Group
Provider of blockchain-based financial solutions. It provides users with crypto-based financial services like payments, exchanges, and wallets. It also allows users to buy, sell, and trade digital currencies, including Bitcoin, Ripple, and Ethereum. It also offers collateralized loans across stable coins and multiple currencies. It also provides margin trading and OTC liquidity solutions.

Key facts about Amber Group

  • Founded Year: 2017
  • Location: Singapore (Singapore)
  • Stage: Series C
  • Primary Sector: Cryptocurrencies
  • Time to Unicorn: 4 years 5 months
  • Top investors : Temasek, Base Partners
  • Annual Revenue: $53.8K as on Sep 30, 2018
  • Valuation: $*****
  • Total Funding till date: $628M
  • Employee Count: 628 as on Mar 31, 2026
  • Latest Funding Round: Series C, Dec 16, 2022, $*****

17. Carro

Carro joined the Unicorn Club on Jun 15, 2021 after raising a $360M Series C funding round led by SoftBank Vision Fund, valuing it at $1B.
Screenshot of the website of Carro
Marketplace offering full stack service for car ownership. The platform enables users to buy and sell cars by providing vehicle details like vehicle model, expected price, features, and more.The platform offers features that include car rental, leasing, finance, and more. It uses AI and data analytics to provide customers personalized recommendations, vehicle reviews, and inventory searches based on specific needs and preferences.

Key facts about Carro

16. Moglix

Moglix joined the Unicorn Club on May 17, 2021 after raising a $120M Series E funding round led by Harvard Management Company, Alpha Wave Global, Peak XV Partners, valuing it at $1B.
Screenshot of the website of Moglix
Online retailer of industrial tools, electrical, safety, medical, and office supplies. The business provides digital procurement and supply chain solutions for industries including agriculture, construction, healthcare, and automobiles. Product categories include home and kitchen appliances, power tools, electric tools, equipment, and automotive products. The business also offers exclusive deals and multiple payment options.

Key facts about Moglix

Acronis joined the Unicorn Club on May 04, 2021 after raising a $250M Series C funding round led by CVC, valuing it at $2.5B.
Screenshot of the website of Acronis
Provider of cyber protection solutions, including backup, disaster recovery, and cybersecurity. The company delivers endpoint detection and response, data loss prevention, and security posture management. It offers solutions for service providers, businesses, and home users. The business provides support through customer service, product documentation, and a knowledge base.

Key facts about Acronis

PatSnap joined the Unicorn Club on Mar 16, 2021 after raising a $300M Series E funding round led by Tencent, SoftBank Vision Fund, valuing it at $1B.
Screenshot of the website of PatSnap
Provider of AI-driven platform for patent search and intellectual property insights. The platform offers tools for analytics, biopharma intelligence, and chemical structure search. It assists professionals with competitor analysis, portfolio optimization, and market entry strategy. The platform delivers data from patents, science, litigation, and technology sectors.

Key facts about PatSnap

13. JustCo

JustCo joined the Unicorn Club on Nov 01, 2020
Screenshot of the website of JustCo
Provider of managed co-working spaces for freelancers, startups, and small & large companies. The company offers private desks and co-working spaces. Some of the amenities provided are WiFi, telephone booths, event spaces, meeting rooms, printer services, and more.

Key facts about JustCo

PropertyGuru joined the Unicorn Club on Sep 01, 2020 after raising a $220M Series E funding round led by TPG, KKR.
Screenshot of the website of PropertyGuru
Provider of an online portal to find real estate properties. It provides users with a platform that enables users to specify a location to find a list of relevant registered properties and avail information such as transaction details, neighborhood insights, market reports, and more. The platform provides information on various mortgage packages. It also helps to connect with each other, market properties, manage sales, generate leads, connect with real estate agents locally/internationally, measure marketing ROI, and more.

Key facts about PropertyGuru

HyalRoute joined the Unicorn Club on May 26, 2020 after raising a $263M Series D funding round led by Kuang-Chi.
Screenshot of the website of HyalRoute

Key facts about HyalRoute

10. Trax

Trax joined the Unicorn Club on Jul 22, 2019 after raising a $100M Series D funding round led by Hopu Investments, valuing it at $1.1B.
Screenshot of the website of Trax
Cloud-based data analytics solutions for retail shelf management. The platform offers signal based merchandising data and analytics solutions to manage product placement and inventory. It generates reports to manage performance and support the decision making process. It offers AI powered solutions to execute, measure, and manage retail strategies. Features include merchandising, in-store execution, shopper engagement, market measurement, analytics and shelf monitoring solutions, workforce management, inventory optimization, and more.

Key facts about Trax

Airwallex joined the Unicorn Club on Mar 25, 2019 after raising a $100M Series C funding round, valuing it at $1B.
Screenshot of the website of Airwallex
Provider of multi-currency business accounts, global payments, and spend management. The company offers solutions for business accounts, global transfers, corporate cards, and expense management. It provides APIs and embedded finance options, including programmatic account creation, multi-currency account management, and global payment acceptance. The company also offers tools for invoicing, subscription management, and usage-based billing.

Key facts about Airwallex

Zilingo joined the Unicorn Club on Feb 11, 2019
Screenshot of the website of Zilingo
Provider of supply chain management solutions for fashion businesses. The platform enables wholesale trading and buying of different products across categories including fashion, home improvements, electronics, beauty, and more from multiple brands. The mobile application is available for Android and iOS users. The company also offers a marketplace platform for businesses to sell products.

Key facts about Zilingo

ONE Championship joined the Unicorn Club on Oct 08, 2018 after raising a $166M Series D funding round led by Peak XV Partners, valuing it at $1B.
Screenshot of the website of ONE Championship
Operator of martial arts events featuring athletes and related content. The organization showcases martial arts through events and athlete stories. It aims to promote values such as respect, courage, integrity, and humility. The organization broadcasts events to various countries through broadcast partners.

Key facts about ONE Championship

  • Founded Year: 2011
  • Location: Singapore
  • Stage: Series D
  • Primary Sector: Sports Tech and Internet First Media
  • Time to Unicorn: 7 years 9 months
  • Top investors : GIC, Temasek
  • Annual Revenue: $84.5M as on Dec 31, 2022
  • Valuation: $*****
  • Total Funding till date: $236M
  • Employee Count: 672 as on Mar 31, 2026
  • Latest Funding Round: Series D, Jun 15, 2020, $*****
TauRx joined the Unicorn Club on Mar 02, 2018
Screenshot of the website of TauRx
Developer of treatments for neurodegenerative diseases, specifically Alzheimer's disease and frontotemporal dementia. The company focuses on the development and commercialization of treatments targeting tau pathology. Research and development efforts include clinical trials and collaborations to advance therapeutic options. The company's pipeline includes a drug candidate currently under regulatory review for mild cognitive impairment and mild to moderate Alzheimer's disease.

Key facts about TauRx

Traveloka joined the Unicorn Club on Jul 28, 2017 after raising a $350M Series B funding round led by Expedia, valuing it at $2B.
Screenshot of the website of Traveloka
Online retailer of worldwide flights, hotels, activities, and travel deals. It provides a platform for booking accommodations, transportation, and various activities. The platform offers options for flights, hotel stays, car rentals, and airport transfers. It also features travel articles and information.

Key facts about Traveloka

  • Founded Year: 2012
  • Location: Singapore (Singapore)
  • Stage: Series D
  • Primary Sector: Online Travel
  • Time to Unicorn: 5 years 6 months
  • Top investors : GIC, BlackRock
  • Annual Revenue: $90.9M as on Dec 31, 2024
  • Valuation: $*****
  • Total Funding till date: $1.02B
  • Employee Count: 3,447 as on Mar 31, 2026
  • Latest Funding Round: Conventional Debt, Sep 29, 2022, $*****

4. Sea

Sea joined the Unicorn Club on Mar 31, 2016 after raising a $170M Series D funding round led by Khazanah Nasional Berhad, valuing it at $3.75B.
Screenshot of the website of Sea
Provider of digital entertainment, e-commerce, and digital financial service platforms. The company develops and publishes online games for global audiences. It also operates an e-commerce platform facilitating buying and selling. Furthermore, the company digitalizes financial services through its platform.

Key facts about Sea

Garena joined the Unicorn Club on Mar 2015
Screenshot of the website of Garena
Garena launched its first product, Garena+, an online gaming and social platform for people to meet, chat and play games with each other. Garena also has TalkTalk, real-time voice and video communication platform, BeeTalk, mobile social network in Southeast Asia. In 2014, it launched AirPay to provide financial services in emerging markets. Garena users can pay for online games, telephone bills, utilities, and e-commerce transactions on the AirPay network.

Key facts about Garena

2. Grab

Grab joined the Unicorn Club on Dec 03, 2014 after raising a $250M Series D funding round led by Softbank China and India Holdings.
Screenshot of the website of Grab
Operator of a platform providing ride-hailing, food delivery, and payment services. The platform offers options for transportation, on-demand delivery, and various financial solutions. It facilitates connections between consumers, drivers, and merchants. The platform also provides tools and resources for business and enterprise clients.

Key facts about Grab

Lazada joined the Unicorn Club on Nov 29, 2014 after raising a $254M Series E funding round led by Temasek.
Screenshot of the website of Lazada
Online retailer of diverse products providing shopping experiences and digital capabilities. It connects retailers and shoppers through technology, logistics, and payments infrastructure. The platform delivers engaging experiences customised to markets. It enables businesses to scale and grow with digital capabilities.

Key facts about Lazada

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