Unicorn Company

A Unicorn Company is a privately held startup or venture-backed firm that has achieved a valuation of over $1 billion. The term “unicorn” is used to describe the rarity and extraordinary growth potential of such companies, which are typically disruptive innovators in technology, e-commerce, or other high-growth industries. Unicorn status signifies investor confidence, market potential, and scalability, although not all unicorns ultimately succeed.