India is the leading country of origin for immigrant founders of U.S. billion-dollar startup companies, with Indian-born entrepreneurs having founded or co-founded 96 unicorns in the United States, according to a new report by the National Foundation for American Policy (NFAP).
According to the report, Immigrants and U.S. Billion-Dollar Companies , immigrants have founded or co-founded 455 of America's 775 privately held start-up companies valued at $1 billion or more, accounting for 59% of all US unicorns as of April 2026.
