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NEW YORK, April 19, 2021 /PRNewswire/ -- Following a flurry of investment activity in recent months, New York is now home to 21 Israeli-founded unicorns – privately held companies valued at $1 billion or more – according to the
United States – Israel Business Alliance. Each of these companies' global or U.S. headquarters is based in Manhattan, establishing New York as the city with the second most Israeli-founded unicorns in the world, behind Tel Aviv.
"The numbers we're seeing in New York are unprecedented," USIBA president Aaron Kaplowitz said. "Despite a year filled with challenges and uncertainty, New York remains a global hub for growth industries that Israeli entrepreneurs continue to disrupt."