The Forbes Next Billion Dollar Startups List of potential future unicorns

Applications Closed
In partnership with TrueBridge Capital Partners

Final Deadline: April 30, 2019 | Publication date: Summer 2019

Methodology

How we build the Next Bill List

Since 2015, the annual Forbes Next Billion Dollar Startups List, produced in partnership with TrueBridge Capital Partners, seeks to identify the top 25 next generation technology or tech-enabled companies most likely to achieve unicorn status based on current financial and growth metrics.

Qualifications

Companies must be based in the United States, private and venture-backed with a valuation of less than $1 billion, and must submit an application to be considered for the list.

Data

First, we use submissions from companies and venture capitalists, as well as limited third-party data and historical lists, to form a comprehensive set of data points for the Next Bill model.

Analysis

Next, we calculate a company’s eligibility based on numerous factors including valuation and revenue (which are more heavily weighted), followed by user/customer count and headcount, among others.

FAQ

When can I apply to be on the Next Billion Dollar Startups List?

We are no longer accepting submissions to this year's List. Please check back for updates.

My company was on the list a previous year, are we eligible for the list again?

No, this is an opportunity to showcase new, upcoming startups.

Why was the methodology changed starting in 2018?

In order to create the highest quality and most accurate list, TrueBridge adjusted its methodology to include additional data.

Is my data secure and who sees it?

Yes, your data will be securely transmitted and confidentially stored with TrueBridge. We do not share any data (not even with Forbes) without your consent.

What information will be published?

Forbes does not have access to your data and so cannot publish any data without your consent. In the past, they have published estimated revenues numbers on the final list with the consent of each company.

I submitted, what now?

Once you submit, you will receive an emailed copy of your submission and TrueBridge or Forbes may contact you for additional information.

When will I be notified that my company is on the list?

Your company will be notified once the list is published; however, Forbes may choose to reach out in advance if they decide to write a featured article on your company.

Is it beneficial to apply to the list multiple times?

No, only one application per company will be considered and additional submissions will not factor into rankings.

See The 2018 List