The Wall Street Journal released a report of 30 startups from the U.S., China and Europe that are valued at $1 billion or more.
These companies range from familiar firms like Pinterest and Uber which occupy the top ten with valuations at $3.8 billion to film financiers like Legendary Entertainment who is responsible for the recent success of the The Dark Knight trilogy.
However, the rest of the entrants on this list have incredible valuations but little recognition. We compiled 11 startups that are worth billions but you've never heard of.
11. Coupons.com: Valued At $1.0 Billion
Location: Mountain View, California
Founded: 1998
What is it: Coupons.com recently filed for an IPO so expect that valuation to go up. The company lets users fnd a bunch of offerings and print them out before shopping. This simple concept caused Coupons.com to make $115 million during the first nine months of 2013.
10. Sogou: Valued At $1.2 Billion
Location: Beijing, China
Founded: 2004
What is it: Sogou is a search engine that can find text, images, music and maps. According to Crunchbase, people in China have searched over 10 billion pages and has a daily update of 500 million pages. One cool aspect of the service is that it can identify malicious software on websites and provide users with the cleanest results on search pages.
9. Fanatics: Valued At $1.5 Billion
Location: Jacksonville, Florida
Founded: 1995
What is it: Fanatics Inc.is an important for major sports leagues to sell merchandise. Fanatics contains official licensed jerseys and other memorabilia for sports fans to buy. Sports apparel is a lucrative market and Fanatics Inc should grow even more in the new year.
See the rest of the story at Business Insider