Introducing our UK Unicorn Dashboard

We are pleased to launch our new UK Unicorns analysis, where we have analysed the market and its performance since 2015. Use this link to the full detail and interactive dashboard. We have provided up-to-date estimates of valuations based on financial performance where companies have not completed funding rounds in the last 18 months. We have also introduced our CQ (Cambio Quality) Qualification test for companies exhibiting high quality growth and rule of 40 metrics.

→ We believe there have been 113 unicorns created since 2015, worth a total of $369bn. Of those 70 were announced as unicorns by completing fundraisings at $1bn+, whereas 43 are companies which have not announced such a round but are displaying financial performance to suggest their value is now over $1bn.

→ Financials is the largest sector with 38 companies and $178bn of aggregate value, well ahead of Enterprise Software at 24 companies and $69bn. Despite the explosion of the Tech Hardware sector in the US, it accounts for just 7% of the UK unicorns both by number and by value.

→ A third of the companies have already achieved an exit, realising $95bn of value. Of the remainder of the announced unicorns, 39% are now worth less than their unicorn round, 33% are worth more and 28% are worth the same. Of the non-exited companies, 29% or 22 companies currently meet our Cambio Quality (CQ) financial tests accounting for 44% or $119bn of the unrealised value.

→ We estimate that if you had invested in all of the announced Unicorn creating deals, your investment would have increased by 2.2x, albeit as ever with venture returns would have been concentrated in some big winners like Revolut (44x), Wise Group (12x), Wayve (8.6x) and Checkout.com (6.6x).

Full methodology here. For informational purposes only. Not investment advice. Cambio Partners Ltd (Co. No. 16562021) is not FCA regulated.