Top Unicorn Startups in Middle East for 2024

In Middle East, we rank 35 unicorn startups based on an algorithm that considers factors such as total investment, quarterly employee count, and website traffic. Unicorns in Middle East are falling behind the performance of their global counterparts.

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Top Unicorn Startups in Middle East for 2024

SB Score:897

AppsFlyer provides marketers with a powerful platform for analyzing and attributing mobile marketing campaigns. With AppsFlyer, marketers can optimize their campaigns and track performance across various media sources to maximize their ROI.

Industry:
Marketing & Sales
Subindustry:
Digital Marketing

City Rank (Tel Aviv-Yafo)

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National Rank (Israel)

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Global Rank (WorldWide)

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SB Score:714

Tabby is a fintech company revolutionizing the way consumers shop. Their innovative technology enhances the shopping experience, making it easier and more convenient.

Industry:
Fintech
Subindustry:
Payments

City Rank (Dubai)

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National Rank (United Arab Emirates)

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Global Rank (WorldWide)

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Total amount:35

Best Software & Data Startups in Middle East for 2024

Middle East startups in the Software & Data industry are overperforming their global industry peers. The top three Software & Data unicorns in Middle East have raised more than USD 1.2B, an amount that is higher than the global industry average.

1st

Wiz
SB Score:634

Wiz offers a cutting-edge cloud security solution that pinpoints key vulnerabilities and entry points in multi-cloud environments. With comprehensive coverage across all layers, Wiz provides a new way to safeguard data and systems from potential threats.

Industry:
Software & Data
Subindustry:
Cybersecurity

City Rank (Tel Aviv-Yafo)

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National Rank (Israel)

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Global Rank (WorldWide)

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SB Score:624

Lightricks develops popular mobile apps for editing videos and photos, including the well-known Facetune selfie-editing app. Their innovative tools make it easy for users to enhance their images with professional-quality effects and filters.

Industry:
Software & Data
Subindustry:
Artificial Intelligence

City Rank (Jerusalem)

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National Rank (Israel)

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SB Score:609

Cato Networks offers secure global SD-WAN for modern enterprises. Their cloud-based solution simplifies network connectivity for distributed, mobile, and cloud-based operations.

Industry:
Software & Data
Subindustry:
Cloud

City Rank (Tel Aviv-Yafo)

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National Rank (Israel)

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Global Rank (WorldWide)

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Total amount:16

Most Valuable Unicorns in Middle East for 2024

The top three most valuable unicorns in Middle East have raised total funding of more than USD 2.86B. Among the top three funded unicorns, the most popular industry, based on total funding, is Marketing & Sales.

1st

Wiz
SB Score:634

Wiz offers a cutting-edge cloud security solution that pinpoints key vulnerabilities and entry points in multi-cloud environments. With comprehensive coverage across all layers, Wiz provides a new way to safeguard data and systems from potential threats.

Industry:
Software & Data
Subindustry:
Cybersecurity

City Rank (Tel Aviv-Yafo)

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National Rank (Israel)

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Global Rank (WorldWide)

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SB Score:495

StarkWare tackles blockchain challenges with scalable, private solutions. They utilize STARK technology to create and authenticate proofs of computational integrity, offering a complete proof stack for improved blockchain performance and privacy.

Industry:
Software & Data
Subindustry:
Cybersecurity

City Rank (Netanya)

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National Rank (Israel)

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Global Rank (WorldWide)

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SB Score:314

Moon Active develops engaging games for iOS, Android, and Facebook platforms. Specializing in game development, they create immersive experiences for players to enjoy on their mobile devices and social media.

Industry:
Software & Data
Subindustry:
Apps

City Rank (Tel Aviv-Yafo)

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National Rank (Israel)

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Global Rank (WorldWide)

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SB Score:609

Cato Networks offers secure global SD-WAN for modern enterprises. Their cloud-based solution simplifies network connectivity for distributed, mobile, and cloud-based operations.

Industry:
Software & Data
Subindustry:
Cloud

City Rank (Tel Aviv-Yafo)

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National Rank (Israel)

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Global Rank (WorldWide)

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SB Score:498

Transmit Security links apps to various authentication methods, including face recognition, eye recognition, voice recognition, fingerprint, and OTP, enhancing security and user experience.

Industry:
Fintech
Subindustry:
Fintech-Other

City Rank (Tel Aviv-Yafo)

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National Rank (Israel)

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SB Score:253

Vista Global Holding provides comprehensive business flight services globally from its headquarters in Dubai. With a diverse portfolio of companies, they offer guaranteed and On Demand global flight coverage, aircraft leasing and finance, and innovative aviation technology.

Industry:
Transportation
Subindustry:
Transportation-Other

City Rank (Dubai)

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National Rank (United Arab Emirates)

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Global Rank (WorldWide)

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SB Score:497

DriveNets revolutionizes network building for communications and cloud providers, enabling cost-effective scalability and increased profitability. Their innovative software creates cloud-like networks, separating growth from expenses.

Industry:
Software & Data
Subindustry:
Software

City Rank (Ra'anana)

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National Rank (Israel)

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Global Rank (WorldWide)

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SB Score:697

Bob is a platform for fast-growing companies to optimize employee performance. It streamlines people management processes to unlock the potential of every team member.

Industry:
Hardware & IoT
Subindustry:
Hardware

City Rank (Tel Aviv-Yafo)

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National Rank (Israel)

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Global Rank (WorldWide)

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SB Score:897

AppsFlyer provides marketers with a powerful platform for analyzing and attributing mobile marketing campaigns. With AppsFlyer, marketers can optimize their campaigns and track performance across various media sources to maximize their ROI.

Industry:
Marketing & Sales
Subindustry:
Digital Marketing

City Rank (Tel Aviv-Yafo)

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National Rank (Israel)

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Global Rank (WorldWide)

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10th

Earnix
SB Score:477

Earnix empowers insurers and banks to offer quicker, more intelligent, and secure pricing options, as well as personalized products.

Industry:
Fintech
Subindustry:
Fintech-Other

City Rank (Giv'atayim)

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National Rank (Israel)

0

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Global Rank (WorldWide)

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Total amount:35

Top Hiring Unicorns in Middle East by Employee Number

The top three hiring unicorns in Middle East have an average employee size that is smaller than to the global average. Among these, the Foodtech industry features the unicorn with the largest workforce.
SB Score:578

Kitopi is a cutting-edge cloud kitchen platform with 3000 employees in the Middle East. Operating in UAE, KSA, Bahrain, Qatar, and Kuwait, Kitopi revolutionizes food delivery with state-of-the-art technology and expert management.

Industry:
Foodtech
Subindustry:
Online Food Ordering

City Rank (Dubai)

0

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National Rank (United Arab Emirates)

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Global Rank (WorldWide)

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SB Score:897

AppsFlyer provides marketers with a powerful platform for analyzing and attributing mobile marketing campaigns. With AppsFlyer, marketers can optimize their campaigns and track performance across various media sources to maximize their ROI.

Industry:
Marketing & Sales
Subindustry:
Digital Marketing

City Rank (Tel Aviv-Yafo)

0

View

National Rank (Israel)

0

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Global Rank (WorldWide)

0

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SB Score:314

Moon Active develops engaging games for iOS, Android, and Facebook platforms. Specializing in game development, they create immersive experiences for players to enjoy on their mobile devices and social media.

Industry:
Software & Data
Subindustry:
Apps

City Rank (Tel Aviv-Yafo)

0

View

National Rank (Israel)

0

View

Global Rank (WorldWide)

0

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SB Score:253

Vista Global Holding provides comprehensive business flight services globally from its headquarters in Dubai. With a diverse portfolio of companies, they offer guaranteed and On Demand global flight coverage, aircraft leasing and finance, and innovative aviation technology.

Industry:
Transportation
Subindustry:
Transportation-Other

City Rank (Dubai)

0

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National Rank (United Arab Emirates)

0

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Global Rank (WorldWide)

0

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Total amount:35

Best Countries for Startups
StartupBlink ranks the startup ecosystems of more than 100 countries and 1,000 cities. Download our latest Global Startup Ecosystem Report.
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Global RankCountryTotal Score

Access subscores for 1000 cities and 100 countries

Quantity Score
Quality ScoreBusiness Score
1st
0
United States
215.001
00.00
00.00
00.00
2nd
0
United Kingdom
55.995
00.00
00.00
00.00
3rd
0
Israel
51.557
00.00
00.00
00.00
4th
0
Canada
38.254
00.00
00.00
00.00
5th
+
1
Singapore
37.736
00.00
00.00
00.00
6th
-
1
Sweden
27.024
00.00
00.00
00.00
7th
0
Germany
25.830
00.00
00.00
00.00
8th
0
France
24.894
00.00
00.00
00.00
9th
+
1
The Netherlands
24.462
00.00
00.00
00.00
10th
+
1
Switzerland
24.081
00.00
00.00
00.00
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