High Hit Rate — Seeded 12 Unicorns

Cindy Bi
1 min readOct 23, 2020


CapitalX has raised about $25M+ since August 2020. The fund is open to new LPs and you may learn more here . You may also directly apply on my website or AngelList as well.

Below is a summary of my previous portfolio breakout winners by valuations (estimated range), including the top 25 YC startups since my direct seed investments.


  1. Rippling — Payroll and employee management platform. Valued $11.25B.

$2B — $5B

2. Cruise — self driving cars, Unicorn exit in 2016. Valued $30B in 2021.

3. Zapier — API integration and automation. Valued $5B.

4. FlutterWave (Africa)— Fintech API, Valued $3B+.

5. Retool — Build internal tools remarkably fast. Valued $3.2B.

6. Algolia — Flexible search and discovery hosted API. Valued $2.25B.

7. Go1 — Enterprise on-line learning platform. Valued 2B+.

$1B — $2B

8. ShipBob — tech-enabled 3PL that fulfills ecommerce orders for DTC brands. Valued $1B+.

9. Teleport — The easiest, most secure way to access infrastructure. Valued $1.1B.

10. Boom Supersonic — Supersonic plane. Valued $1B+.

11. SendBird — Chat, voice, and video API. Valued $1B+.

12. People.ai — Revenue Intelligence: AI for Sales and Marketing. Valued $1.1B.



Cindy Bi

GP at CapitalX.vc: an enterprise focused generalist investing in 20 startups a year with $100k — $500k checks.