Key facts
- Founders born in India are behind 96 US unicorns.
- This is the largest number of US unicorns founded by any immigrant group.
- Two-thirds of all US unicorns have immigrant founders or co-founders.
A recent report highlights the significant contribution of immigrants to the US startup ecosystem, with founders born in India leading the way. These India-born founders are associated with 96 US unicorns, making them the largest group among all immigrant founders. Overall, the report found that approximately two-thirds, or 66 percent, of all US unicorns were founded or co-founded by individuals who are immigrants or the children of immigrants. This data underscores the vital role of foreign-born entrepreneurs in driving innovation and economic growth within the United States.