Top Unicorn Startups in Singapore for 2025

In Singapore, we rank 15 unicorn startups based on an algorithm that considers factors such as total investment, quarterly employee count, and website traffic. Unicorns in Singapore are falling behind the performance of their global counterparts.

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Top Unicorn Startups in Singapore for 2025

SB Score:725

Ninja Van is a growing startup in the logistics space, solving the last mile problem via a multitude of strategic tie-ups and a cutting-edge technology stack via our reactive and distributed systems. The service provides innovative technology-based solutions for reliable last-mile delivery, enabling easy package tracking.

Industry:
Software & Data
Subindustry:
Enterprise Technology

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SB Score:692

Carousell is a classifieds marketplace that allows people to buy and sell preloved items. It is a Singapore-based consumer-to-consumer marketplace app for iOS and Android. The Carousell marketplace has a diverse range of products across a variety of categories, including cars, lifestyle, gadgets, and fashion accessories. It has been ranked as the top Shopping app in Singapore, Taiwan, Hong Kong, and Australia, and is backed by leading international Venture Capitalists Sequoia Capital, Rakuten Ventures, 500 Startups, Golden Gate Ventures, and QuestVC. Launched in Aug 2012, Carousell began in Singapore and has expanded to 19 cities around the world, spanning 7 countries.

Industry:
Software & Data
Subindustry:
Apps

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SB Score:690

Moglix is an Asia-based B2B commerce company specializing in industrial procurement of MRO, Safety, Electrical & Lighting, Cleaning & Laundry Supplies, Office Supplies, and Tools. They provide essential industry products for businesses, making purchasing efficient and convenient.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce

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Total amount:15

Best Fintech Startups in Singapore for 2025

Singapore startups in the Fintech industry are overperforming their global industry peers. The top three Fintech unicorns in Singapore have raised more than USD 2.72B, an amount that is higher than the global industry average.
SB Score:687

Publishers of leading games like Moonton (Mobile Legends: Bang Bang), Garena (Free Fire) and Tencent (PUBG Mobile), streaming platforms like beIN and Bigo Live, apps like Tinder, and video-on-demand platforms like Viu have integrated with Coda Payments to accept payments. Coda Payments is headquartered in Singapore with dozens of additional outposts around the world. It is backed by Apis Partners and GMO Global Payment Fund, whose strategic management company is GMO Payment Gateway, Japan’s largest online payment gateway. Coda Payments has recently been named the 28th fastest growing company in the Asia-Pacific region by the Financial Times (making it the second fastest growing fintech company in its region), the 8th fastest growing company in Singapore by The Straits Times, and a Technology Pioneer by the World Economic Forum.

Industry:
Fintech
Subindustry:
Financial Services

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2nd

Nium
SB Score:577

Nium is a payments services company. It provides banks, payment vendors, and businesses with access to payment and card issuance services. Their platform, network, and APIs work together to accelerate business growth. They serve travel, marketplaces, financial institutions, payroll industries, and more. For more information, visit: https://www.nium.com

Industry:
Fintech
Subindustry:
Financial Services

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SB Score:556

Bolttech is revolutionizing insurance sales with an AI-driven platform for easy and efficient insurance purchases. Protect your assets seamlessly with our innovative point of sale solution.

Industry:
Fintech
Subindustry:
Financial Services

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Total amount:4

Most Valuable Unicorns in Singapore for 2025

The top three most valuable unicorns in Singapore have raised total funding of more than USD 4.3B. Among the top three funded unicorns, the most popular industry, based on total funding, is Social & Leisure.
SB Score:427

HyalRoute provides shared communication fiber network and offers access to international connectivity capabilities and value-added services.

Industry:
Hardware & IoT
Subindustry:
Hardware & IoT-Other

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SB Score:690

Moglix is an Asia-based B2B commerce company specializing in industrial procurement of MRO, Safety, Electrical & Lighting, Cleaning & Laundry Supplies, Office Supplies, and Tools. They provide essential industry products for businesses, making purchasing efficient and convenient.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce

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SB Score:687

Publishers of leading games like Moonton (Mobile Legends: Bang Bang), Garena (Free Fire) and Tencent (PUBG Mobile), streaming platforms like beIN and Bigo Live, apps like Tinder, and video-on-demand platforms like Viu have integrated with Coda Payments to accept payments. Coda Payments is headquartered in Singapore with dozens of additional outposts around the world. It is backed by Apis Partners and GMO Global Payment Fund, whose strategic management company is GMO Payment Gateway, Japan’s largest online payment gateway. Coda Payments has recently been named the 28th fastest growing company in the Asia-Pacific region by the Financial Times (making it the second fastest growing fintech company in its region), the 8th fastest growing company in Singapore by The Straits Times, and a Technology Pioneer by the World Economic Forum.

Industry:
Fintech
Subindustry:
Financial Services

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SB Score:556

Bolttech is revolutionizing insurance sales with an AI-driven platform for easy and efficient insurance purchases. Protect your assets seamlessly with our innovative point of sale solution.

Industry:
Fintech
Subindustry:
Financial Services

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5th

Trax
SB Score:585

Trax provides offers in-store execution tools, market measurement services, and data science solutions for retail. Its mission is to enable brands and retailers to harness digital technologies' power to produce the best shopping experiences imaginable. Trax’s retail platform allows customers to understand what is happening on a shelf, in every store, all the time so they can focus on what they do best – delighting shoppers. Many of the world’s top CPG companies and retailers use Trax’s dynamic merchandising, in-store execution, shopper engagement, market measurement, analytics, and shelf monitoring solutions at scale to drive positive shopper experiences and unlock revenue opportunities at all points of sale. As a pioneer in computer vision, Trax continues to lead the industry in innovation and excellence through the development of advanced technologies and autonomous data collection methods. Trax is a global company with hubs in the United States, Singapore, and Israel, serving customers in more than 90 countries worldwide.

Industry:
Software & Data
Subindustry:
Artificial Intelligence

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Advance Intelligence Group is a pioneering AI technology company that harnesses the power of artificial intelligence to deliver innovative solutions across diverse industries, enhancing efficiency and driving growth through data-driven insights and automation.

Industry:
Software & Data
Subindustry:
Artificial Intelligence

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SB Score:661

Emeritus partners with universities to offer online courses for global working professionals, creating accessible education opportunities.

Industry:
Edtech
Subindustry:
Edtech

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8th

Nium
SB Score:577

Nium is a payments services company. It provides banks, payment vendors, and businesses with access to payment and card issuance services. Their platform, network, and APIs work together to accelerate business growth. They serve travel, marketplaces, financial institutions, payroll industries, and more. For more information, visit: https://www.nium.com

Industry:
Fintech
Subindustry:
Financial Services

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9th

ONE
SB Score:142

ONE is a worldwide sports media platform broadcasting to 150+ countries. Delivering engaging content to a global audience, ONE Holdings is a leader in sports coverage around the world.

Industry:
Software & Data
Subindustry:
Software

City Rank (Singapore City)

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SB Score:692

Carousell is a classifieds marketplace that allows people to buy and sell preloved items. It is a Singapore-based consumer-to-consumer marketplace app for iOS and Android. The Carousell marketplace has a diverse range of products across a variety of categories, including cars, lifestyle, gadgets, and fashion accessories. It has been ranked as the top Shopping app in Singapore, Taiwan, Hong Kong, and Australia, and is backed by leading international Venture Capitalists Sequoia Capital, Rakuten Ventures, 500 Startups, Golden Gate Ventures, and QuestVC. Launched in Aug 2012, Carousell began in Singapore and has expanded to 19 cities around the world, spanning 7 countries.

Industry:
Software & Data
Subindustry:
Apps

City Rank (Singapore City)

0

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Regional Rank (South East Asia)

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Global Rank (WorldWide)

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Total amount:15

Top Hiring Unicorns in Singapore by Employee Number

The top three hiring unicorns in Singapore have an average employee size that is smaller than to the global average. Among these, the Software & Data industry features the unicorn with the largest workforce.
SB Score:725

Ninja Van is a growing startup in the logistics space, solving the last mile problem via a multitude of strategic tie-ups and a cutting-edge technology stack via our reactive and distributed systems. The service provides innovative technology-based solutions for reliable last-mile delivery, enabling easy package tracking.

Industry:
Software & Data
Subindustry:
Enterprise Technology

City Rank (Singapore City)

0

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Regional Rank (South East Asia)

0

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Global Rank (WorldWide)

0

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SB Score:690

Moglix is an Asia-based B2B commerce company specializing in industrial procurement of MRO, Safety, Electrical & Lighting, Cleaning & Laundry Supplies, Office Supplies, and Tools. They provide essential industry products for businesses, making purchasing efficient and convenient.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce

City Rank (Singapore City)

0

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Regional Rank (South East Asia)

0

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Global Rank (WorldWide)

0

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SB Score:661

Emeritus partners with universities to offer online courses for global working professionals, creating accessible education opportunities.

Industry:
Edtech
Subindustry:
Edtech

City Rank (Singapore City)

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Regional Rank (South East Asia)

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SB Score:642

PatSnap is an IP Intelligence Platform that helps users search and analyze patents worldwide to fuel technological innovation. Gain valuable insights and drive innovation with our patent search and analysis tool.

Industry:
Software & Data
Subindustry:
Software and Data-Other

City Rank (Singapore City)

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Total amount:15

Explore the Startup Ecosystem of Singapore

Population

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5.5 Million

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Regional Rank

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1st

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Global Rank

(WorldWide)

5th

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Top Cities for Startups in Singapore - Ranked by StartupBlink

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