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Since 2000, the number of unicorn companies - privately held startups valued at one billion U.S. dollars or more - has grown significantly in the United States. The term “unicorn” was first coined in 2013, when there were around 100 such companies in the U.S. With the rise of venture capital funding, technological advancements, and increased market opportunities, the number of unicorns has surged. By 2020, the U.S. had *** unicorns, and in 2021 alone, fueled by record-breaking investment levels, nearly *** new unicorns were created. The peak of unicorn growth was driven by sectors like fintech, AI, and enterprise software. While the pace of new unicorns slowed in 2023 due to economic downturns and tighter investment conditions, the U.S. remains the global leader in unicorn creation.