Greater Boston has third highest concentration of Unicorn Startups in the country

• A unicorn is a privately held startup company valued over $1billion.  Backed by enormous amounts of funding, these hyper-growth companies can take down large swaths of office and R&D space quicker than traditional organizations.
• There are 281 unicorn startups globally spread through 26 countries with combined value reaching nearly $900 billion.
• There are 132 unicorn companies in the U.S, 12 of which are in Massachusetts.  Massachusetts is the state with the third most unicorn companies behind only California and New York.
• Intarcia Therapeutics, Indigo Agriculture, and Moderna are three highest valued amongst the group at $5.5, $3.5, & $3 billion respectively.

Source: Mass. Executive Office of Labor and Workforce Development