The Lead List: 11 Hot Companies To Sell To In August

The Lead List is a monthly series that analyzes key buy signalsfrom companies on the Crunchbase Emerging Unicorn Board with fresh funding to help you fill your pipeline with new opportunities.

In July, some of the hottest emerging unicorn companies received new funding, which means new opportunities to add these fast-growing companies to your pipeline. In this edition of The Lead List, we’ll look at some of the up-and-coming companies from various industries, including meat alternatives, insurance, neobanking and gaming, and give you all the information you need to sell to them in August.

Why emerging unicorns should be on your radar: Emerging unicorns are private, up-and-coming companies valued between $500 million and $1 billion. Why should these companies matter to you? These not-yet unicorns (unicorns are private companies valued at $1 billion or above) represent a sweet spot for salespeople. They’re established, cash-rich, growing and solving a business problem that could make them the next billion-dollar unicorn. 

Methodology

This issue of The Lead List includes companies on Crunchbase’s Emerging Unicorn Board that raised new funding throughout July. The companies are ordered based on their Crunchbase rank score (a proprietary, dynamic ranking that uses intelligent algorithms to score and rank companies) as of Aug. 1. An entity’s Crunchbase rank is fluid and subject to rise and fall over time due to time-sensitive events such as product launches, funding events and leadership changes, so the current rank score may not reflect the listed rank scores below.

The Emerging Unicorn Board is updated whenever a new company reaches a specific valuation range (between $500 million and less than $1 billion). Once a company reaches a valuation of $1 billion, it is classified as a “unicorn” and added to The Crunchbase Unicorn Board. Companies that exit through a public listing or acquisition are removed from the Emerging Unicorn Board. 

If you have any questions about companies on the board or this list, please contact us at support@crunchbase.com.

1. Airbase

Crunchbase Rank: 10,737
Post-Money Valuation: $710 million

TNG Digital is an e-wallet operator of digital wallets and online payment platform for urban mobility. The company has raised $168.3 million in its new funding round led by Lazada Group and Touch’ n Go, its parent company. According to e27, “We feel this collaboration will bring next-level value propositions to users and merchant bases across the Lazada and Touch’ n Go ecosystem. I look forward to seeing the teams roll out these exciting collaboration opportunities to our users,” said Effendy Shahul Hamid, group CEO of Touch’ n Go Group. “We will continue expanding in all digital financial services areas.”

Why TNG Digital should be on your radar: Proceeds of the new funding round will be used to expand the company’s capabilities in all areas of fintech. Lazada Malaysia CEO, Alan Chan said, “We see digital payment services as a critical bolt-on to bring the best customer experience on Lazada.” In other words, TNG Digital should be on your radar as it continues to expand and continues to build its customer experience.

Join us next month as we continue to keep an eye out for up-and-coming companies to invest in. You can use this list to track the cohort of new companies being added to the Emerging Unicorn Board throughout the month.