17 billion-dollar startups that didn’t exist 5 years ago

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Pivotal Software: $2.75 billion

Pivotal

Pivotal Software, Inc. is a software and services company based in San Francisco, California. Pivotal’s companies include Pivotal Labs, Pivotal Cloud Foundry, Pivotal Big Data Suite and Pivotal Data Science. After launching in April of 2013, Pivotal’s enterprise platform has attracted close to $760 million in venture capital.

Social Finance (SoFi): $3.58 billion

Social Finance

SoFi was founded in September 2011 from students at Stanford who wanted to make getting low fix-rate loans easier for deserving students. It is an organization seeking new approaches to entrenched social problems. SoFi has built a team up of 70 individuals with substantial expertise in finance, strategy consultancy, public and the social sector.

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Written by Katie Henderson

Katie Henderson is the Strategy editor at Business Pundit. She writes articles that help business owners, executives, and employees better understand how to run a business and work as effective employees.