Privates investors are turning one tech company into a unicorn every week in 2017.
There are 24 new unicorns, private companies with post-money valuations of $1 billion or more, this year so far, according to TechCrunch, which updated its CrunchBase Unicorn Leaderboard on June 1. That is about the same rate as in 2016, when 50 businesses joined the unicorn club.
It is not just the newcomers who are getting the attention from venture capitalists, however, as already-listed unicorns were more likely to increase in value than decrease. Pinterest told Bloomberg on Tuesday that during its latest round of fundraising, it raised $150 million from its current investors. That puts the valuation of the advertisement-driven social-media company at $12.3 billion, up from the $11 billion at which it was valued it in April 2016. Its new value would place Pinterest at No. 10 on the leader board.
Here are the top 10 unicorns, according to CrunchBase's current leader board.