Decacorn

A decacorn is a privately held startup valued at $10 billion or more — ten times the unicorn threshold. The term follows the unicorn naming convention, with "deca" meaning ten. There are approximately 62 decacorns globally in 2026.

Decacorns are typically late-stage companies that have achieved market dominance in their category and are on a trajectory toward IPO. They have hundreds of millions in revenue, thousands of employees, and are often household names in their industries.

Reaching decacorn status usually requires raising $500M+ in total capital across multiple funding rounds. The largest decacorns include SpaceX ($180B+), Stripe ($65B), and Databricks ($43B).