Unicorn count, Southeast Asia-6
Number of unicorns (private companies valued ≥ USD 1B) headquartered in each major Southeast Asian market. The lead Line view tracks Tracxn's all-time cumulative club growing since ~2014 (derived from each company's unicorn-joined date). Switch the source above the chart to Hurun for a point-in-time active-private snapshot (2023 + 2025 editions), shown here as the secondary comparison.
Source: Tracxn (cumulative), Hurun (active private) · last checked 2026-06-13 · Compiled from public index/tracker summaries; provenance in docs/research/2026-06-13-sea-unicorn-research.md
All-time cumulative unicorn club — once a unicorn, always counted, including IPO-graduated, acquired, collapsed (e.g. eFishery) and related-entity double-counts (VNG+VNG Cloud; GCash+Mynt). The by-year series is derived from each company's unicorn-joined date on Tracxn's per-country pages, so the line is monotonic non-decreasing (never falls). Singapore's figure is inflated by holding-company HQ attribution (foreign-founded firms registered in SG).
The two sources are not comparable. Tracxn (the default time series) is a cumulative club over time — it never decreases and includes IPO-graduated, collapsed, and double-counted firms. Hurun is the secondary point-in-time active-private count (2023 + 2025 editions) that can fall when unicorns IPO, are acquired, or collapse.
Related datasets
- Startup funding, Southeast Asia→
- Digital economy GMV (current USD), Southeast Asia-6→
- Named unicorns, Southeast Asia (private, by last-disclosed valuation)→
- Startup ecosystem value by city, Southeast Asia→
- FDI net inflows (current USD), Southeast Asia + KR/CN/JP→
- Financial account ownership (% of adults), Southeast Asia + KR/CN/JP→