Looking ahead, GP Bullhound has flagged up companies that could potentially join the unicorn club soon, including on-demand food delivery platform Deliveroo, payments provider iZettle, and music streaming site SoundCloud.
The ten new unicorns are:
- Anaplan – a cloud-based planning and modelling platform for businesses
- Auto1 Group – an online trading platform for used cars
- Blippar – an augmented reality app that lets you point your smartphone and an object and surface relevant information
- Evolution Gaming – a company that builds live online casinos for companies
- Global Fashion Group – the operator a number of online clothing stores
- Hello Fresh – a grocery delivery service
- IronSource – a suite of tools for app developers
- Mindmaze – a company that makes virtual reality to help patients recover from strokes
- Mobli – a start-up that creates social networks and crowdsourcing tools for companies
- Sitecore – a marketing and customer management platform
Three unicorns fell out of the club. They are:
- Powa – a payments company that became insolvent earlier this year
- Qiwi – a publically-traded Russian payments service provider which saw the price of its shares decline amid broader worries in the Russian stock market
- Ulmart – a Russian online retailer that reportedly took a down round – a funding round at a lower valuation
The average valuation of the 10 new unicorns is $1.3 billion. Among the 47 European unicorns in total, the average valuation is $2.8 billion, slightly down from the $3 billion in the previous year because of the addition of younger, less valuable start-ups.
And Luxembourg, Denmark and Switzerland have joined the list of countries producing unicorns for the first time.