The United States is now home to 88 privately held, Israeli-founded companies that have reached or surpassed a $1 billion valuation, according to the United States – Israel Business Alliance. The number has gone up from 80 a year ago.

Each of these unicorns has at least one Israeli founder and its global or regional headquarters in the United States.

“The rising number of Israeli-founded unicorns in the United States is a testament to the strategic value that this market continues to offer Israeli entrepreneurs,” USIBA president Aaron Kaplowitz said. “In recent years, there’s been better product-market fit between Israeli technological solutions and American enterprise challenges.”

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