Number of European unicorns in 2021, by country

A Unicorn company is a privately owned startup that has a current valuation of one billion USD or over. Once a company has gone public (IPO) or has been acquired it is no longer termed as a Unicorn. All published figures are best estimations based on latest publications of sources. Figures are correct as of January 2020. Figures and valuations are rounded as some company valuations have not externally verified and are self-published. Latest valuations used. As multiple sources were used and valuations vary between sources, the most recent valuation was used. Where valuations differed but the reporting date was the same, mean averages were used. Industries were assigned by the sources. Where companies crossed industries, the major category was used as determined by the source. Where companies have multiple countries listed the country of headquarters has been used.