{"id":24538,"date":"2023-11-09T18:28:59","date_gmt":"2023-11-09T23:28:59","guid":{"rendered":"https:\/\/mundoitam.com\/2023\/11\/14\/what-are-unicorn-companies\/"},"modified":"2023-11-14T16:39:56","modified_gmt":"2023-11-14T21:39:56","slug":"what-are-unicorn-companies","status":"publish","type":"post","link":"https:\/\/mundoitam.com\/en\/2023\/11\/09\/what-are-unicorn-companies\/","title":{"rendered":"What are unicorn companies?"},"content":{"rendered":"<p><strong>Unicorn companies<\/strong> are those which in less than ten years have been valued at over 1 billion dollars. There are 310 unicorn companies in the world. They exist mainly the following sectors: internet and software, e-commerce, fintechs, health care and <em>on demand<\/em> services. 48% of them are located in USA.<\/p><div class=\"mundo-contenido\" style=\"margin-top: 20px;margin-bottom: 20px;\" id=\"mundo-3900915642\"><style type=\"text\/css\">\r\n .ad-square h3 { \r\n\tfont-size: 11px;\r\n    font-weight: 300;\r\n    letter-spacing: 2.3px;\r\n    color: #6a6c6e;\r\n    font-weight: normal;\r\n    margin: 18px 0;  \r\n\tfont-family: \"Lato\", \"Helvetica Neue\", Helvetica, Arial, sans-serif;\r\n\t}\r\n<\/style>\r\n\r\n<!--<center> <div class=\"ad-square\">\r\n\t\t\t\t\t\t\t<h3>ANUNCIO<\/h3>\r\n<a href=\"https:\/\/noche.itam.mx\/\" target=\"_blank\"><img decoding=\"async\" width=\"300\" src=\"https:\/\/mundoitam.com\/wp-content\/uploads\/2021\/11\/noche-itam-v2.png\" alt=\"Anuncio\" style=\"border: none; display: block;\"><\/a>\r\n\r\n<\/div> <\/center>--><\/div>\n<h2>Unicorn Companies in Mexico<\/h2>\n<p>Until 2023, nine companies founded in Mexico have reached the category of unicorn, and three of them <strong>were founded by ITAM alumni<\/strong>. The nine mexican companies that have become &#8220;unicorns&#8221; are: Bitso, Clara, <a href=\"https:\/\/www.clip.mx\/\" target=\"_blank\" rel=\"noopener\"><strong>Clip<\/strong><\/a>, <a href=\"https:\/\/incode.com\/?utm_referrer=https%3A%2F%2Fwww.google.com%2F\" target=\"_blank\" rel=\"noopener\"><strong>Incode<\/strong><\/a>, Kavak, Konfio, Merama, Nowports and <a href=\"https:\/\/www.storicard.com\/somos-stori\" target=\"_blank\" rel=\"noopener\"><strong>Stori<\/strong><\/a>. Moreover, companies such as <a href=\"https:\/\/www.spacex.com\/\" target=\"_blank\" rel=\"noopener\"><strong>SpaceX<\/strong><\/a> and <a href=\"https:\/\/about.meta.com\/ltam\/\" target=\"_blank\" rel=\"noopener\"><strong>Meta<\/strong><\/a> are considered as super-unicorns, as they were valued at 100 billion of dollars. The <strong>three mexican unicorns founded by ITAM alumni<\/strong> are Clip, Stori and Incode.<\/p>\n<h2>Who are ITAM unicorns?<\/h2>\n<p>At the time this article was written, one third of the <strong>mexican unicorn companies<\/strong> have been founded by ITAM graduates. Here we tell you about them and their founders:<\/p>\n<p><strong>Clip<\/strong> is a company based on mobile transactions that allows all kinds of businesses to accept credit and debit cards and food vouchers as payment methods, it was founded by <a href=\"https:\/\/exalumnos.itam.mx\/es\/noticia\/exalumno-del-itam-lidera-el-nuevo-unicornio-de-mexico\" target=\"_blank\" rel=\"noopener\"><strong>Adolfo Babatz<\/strong><\/a>, who got his bachelor degree in Economics at ITAM and his Information Economics Master&#8217;s at the Massachusetts Institute of Technology (MIT); <strong>Stori<\/strong> is a financial company that offers a credit card without annual fees, it was founded by <a href=\"https:\/\/exalumnos.itam.mx\/es\/noticia\/exalumna-del-itam-se-convierte-en-la-primera-mujer-mexicana-en-fundar-un-unicornio\" target=\"_blank\" rel=\"noopener\"><strong>Marlene Garayzar<\/strong><\/a>, the first mexican woman founder of a unicorn company, with a bachelor&#8217;s in International Relations from ITESM and a MBA from ITAM; lastly, <strong>Incode Technologies<\/strong> a biometrics company located in Silicon Valley, founded by <a href=\"https:\/\/eventos.itam.mx\/es\/noticia\/empresa-creada-por-exalumno-del-itam-se-convierte-en-el-nuevo-unicornio-mexicano\" target=\"_blank\" rel=\"noopener\"><strong>Ricardo Amper<\/strong><\/a>, who got his Business Administration degree from ITAM and has business studies at IPADE and NEOMA Business School.<\/p>\n<div class=\"mundo-despues-del-contenido\" id=\"mundo-2725990709\"><style type=\"text\/css\">\r\n .ad-square h3 { \r\n\tfont-size: 11px;\r\n    font-weight: 300;\r\n    letter-spacing: 2.3px;\r\n    color: #6a6c6e;\r\n    font-weight: normal;\r\n    margin: 18px 0;  \r\n\tfont-family: \"Lato\", \"Helvetica Neue\", Helvetica, Arial, sans-serif;\r\n\t}\r\n<\/style>\r\n\r\n<center> <div class=\"ad-square\">\r\n\t\t\t\t\t\t\t<h3>ANUNCIO<\/h3>\r\n<a href=\"https:\/\/aspirantes.itam.mx\/proceso-admision\/?utm_source=itam&utm_medium=mundoitam&utm_campaign=organico\" target=\"_blank\"><img decoding=\"async\" width=\"800\" src=\"https:\/\/mundoitam.com\/wp-content\/uploads\/2021\/06\/banner-aspitantes-1.png \" alt=\"Anuncio\" style=\"border: none; display: block;\"><\/a>\r\n\r\n<\/div> <\/center> <\/div>","protected":false},"excerpt":{"rendered":"<p>The unicorn companies are those that in less than ten years have been valued at over a billion dollars.<\/p>\n","protected":false},"author":10,"featured_media":24530,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false,"jetpack_post_was_ever_published":false},"categories":[579146067],"tags":[579147051],"class_list":["post-24538","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-entrepreneurship","tag-itam-en"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>What are unicorn companies? 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