The 18 hottest enterprise startups of 2017
For that we turned to Pitchbook, the website that tracks financial investments. Pitchbook sifted through its vast database to uncover the 383 startups that received funding so far in 2017 and that sell products or services to businesses, aka enterprise startups.
We chose a metric called a "valuation step up" to decide which of these startups were the hottest. A valuation step up indicates the increase in worth that investors ascribe to a particular startup. We measured between the valuation at the previous round of investment and right before the startup secured a new round (in wonky speak: post-money to pre-money).
Not all rounds are step ups. Sometimes they are down rounds.
Of the 383 rounds we looked at, 169 of them saw an increase in valuation. The median step up for the early stage startups was 1.73 times the previous valuation; for later stage, 1.39 times and all of the companies on this list had step-ups well above those medians.
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- One of the world's only 5-star airlines seems to be considering asking business-class passengers to bring their own cutlery
- Vodafone Idea FPO allotment – How to check allotment, GMP and more
- 9 Most beautiful waterfalls to visit in India in 2024
- Reliance, JSW Neo Energy and 5 others bid for govt incentives to set up battery manufacturing units
- Rupee rises 3 paise to close at 83.33 against US dollar
- Supreme Court expands Patanjali misleading ads hearing to include FMCG companies
- Reliance Industries wins govt nod for additional investment to raise KG-D6 gas output