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Cities with the highest number of unicorn companies globally 2025
Most people associate startup culture with ************* and for a good reason, as the city hosted the highest number of privately held companies valued over a billion U.S. dollars, known as unicorns, in 2025. At that time, *** unicorns had their headquarters in the Californian tech capital, while ******** housed *** of them. ******* came third in the ranking with ** unicorns.
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* For commercial use only
Basic Account
For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
- Free Statistics
Based on your interests
Starter Account
For single users
$199 USD
per month, billed annually
1
- Free Statistics
- Premium Statistics
The statistic on this page is a Premium Statistic and is included in this account.
Professional Account
For teams of up to 5 people
$1,399 USD
per month, billed annually
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- Free + Premium Statistics
- Reports
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1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.
Hurun Research Institute. (June 26, 2025). Cities with the highest number of unicorns worldwide as of 2025 [Graph]. In Statista. Retrieved April 20, 2026, from https://www.statista.com/statistics/1062457/cities-highest-number-of-unicorns/
Hurun Research Institute. "Cities with the highest number of unicorns worldwide as of 2025." Chart. June 26, 2025. Statista. Accessed April 20, 2026. https://www.statista.com/statistics/1062457/cities-highest-number-of-unicorns/
Hurun Research Institute. (2025). Cities with the highest number of unicorns worldwide as of 2025. Statista. Statista Inc.. Accessed: April 20, 2026. https://www.statista.com/statistics/1062457/cities-highest-number-of-unicorns/
Hurun Research Institute. "Cities with The Highest Number of Unicorns Worldwide as of 2025." Statista, Statista Inc., 26 Jun 2025, https://www.statista.com/statistics/1062457/cities-highest-number-of-unicorns/
Hurun Research Institute, Cities with the highest number of unicorns worldwide as of 2025 Statista, https://www.statista.com/statistics/1062457/cities-highest-number-of-unicorns/ (last visited April 20, 2026)
Cities with the highest number of unicorns worldwide as of 2025 [Graph], Hurun Research Institute, June 26, 2025. [Online]. Available: https://www.statista.com/statistics/1062457/cities-highest-number-of-unicorns/
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