Despite the tight enterprise capital market, unicorns are nonetheless being created each month.
Using knowledge from Crunchbase, CB Insights, and PitchBook, TechCrunch tracked down the newly minted unicorns to date this 12 months. The listing consists of Elon Musk’s xAI, which is already valued at a staggering $24 billion, in addition to an excellent variety of different AI startups. But cybersecurity, well being tech and fintech have additionally performed nicely. This listing will probably be up to date all year long, so verify again and see the powerhouses elevating this 12 months!
December
Fervo Energy — $1.4 billion: This geothermal clear power firm, based in 2017, raised a $499 million Series D, valuing the corporate at $1.4 billion, in keeping with Pitchbook. Investors within the firm embrace Bill Gates, Jeff Bezos, and Richard Branson.
Speak — $1 billion: This AI firm focuses on real-time communications. Founded in 2017, it final raised a $78 million Series C led by Accel, valuing the corporate at $1 billion, in keeping with Crunchbase.
Anysphere — $2.6 billion: Founded in 2022, this AI coding firm raised a $100 million Series B, valuing the corporate at $2.6 billion, in keeping with Crunchbase. Thrive Capital and Andreessen Horowitz are buyers within the firm.
Ayar Labs — $1 billion: Founded in 2015, this AI knowledge firm raised a $155 million Series D spherical valuing it a $1 billion, in keeping with Crunchbase. Investors within the firm embrace Light Street Capital and Advent International.
November
Physical Intelligence — $2.4 billion: This AI robotics lab analysis, based in early 2024, raised a $400 million Series A in keeping with Crunchbase, valuing the corporate at $2.4 billion. Investors embrace Jeff Bezos, Lux Capital, and Thrive Capital.
Writer — $1.9 billion: This full-stack generative AI platform for the enterprise, based in 2020, raised a $200 million Series C, valuing the corporate at $1.9 billion. Premji Invest, Radical Ventures, and ICONIQ Growth co-led the spherical.
Halcyon — $1 billion. The anti-ransomware firm, based in 2021, raised a $100 million Series C, in keeping with Crunchbase, valuing the corporate at $1 billion. Investors embrace Evolution Equity Partners.
Eon — $1.4 billion. This backup software program firm, based in January 2024, raised a $70 million Series C, bringing to a complete of $200 million raised in 2024 and valuing the corporate at $1.4 billion, the corporate confirmed to TechCrunch. Investors embrace the enterprise agency Sequoia, Lightspeed, Greenoaks and BOND.
Flex — $1.9 billion. This lease cost platform, based in 2019, raised a $200 million Series D, in keeping with Pitchbook, valuing the corporate at $1.75 billion. The firm has raised greater than $400 million so far, with buyers together with Tiger Global Management and Spark Growth Ventures.
Clay — $1.25 billion. Founded in 2017, Clay is an AI gross sales platform. The firm raised a $40 million Series B valuing it at $1.25 billion, in keeping with Pitchbook. It has raised greater than $100 million so far and counts Sequoia, First Round, Boldstar, and Box Group as buyers.
October
EvenUp — $1 billion. This authorized tech firm raised a $135 million Series D, in keeping with Crunchbase, valuing the corporate at $5 billion. Founded in 2019, this firm has buyers together with Bain Capital Ventures.
Nimble Robotics — $1 billion. This AI robotics and autonomous logistics firm, based in 2017, raised a $106 million Series C, in keeping with Pitchbook, valuing the corporate at $1 billion. Investors embrace Fed-Ex and Ceder Pine. The firm has raised $220 million so far, it confirmed to TechCrunch.
September
Rentberry — $1 billion: This actual property firm that lists long-term leases, based in 2015, raised a $90 million Series A valuing the corporate at $1 billion. The firm has raised greater than $100 million so far from buyers together with 808 Ventures, Zing Capital, and 369 Growth Partners.
Safe Superintelligence — $1 billion: This AI analysis firm based in 2024 by Open AI co-founder Ilya Sutskever raised $1 billion, giving it a valuation of $5 billion. Investors embrace Nividia, Sequoia, and a16z, in keeping with Pitchbook.
24M Technologies — $1.3 billion: Crunchbase studies that this firm, based in 2010 to develop battery applied sciences, raised an $87 million Series H that valued the corporate at $1.3 billion. Other buyers, in keeping with Pitchbook, embrace Volkswagen Group and FujiFilm.
Twelve — $1 billion: Founded in 2015 to make clear jet gasoline, this firm raised a $200 million Series C, valuing it at $1 billion. Investors embrace TPG, Capricorn Investment Group, and Pulse Fund, in keeping with Crunchbase.
August
Groq — $2.8 billion: This AI chip startup based in 2016 raised a $640 million funding spherical led by Blackrock in August, valuing the corporate at $2.8 billion. The firm general has raised greater than $1 billion, with different buyers together with Type One Ventures and Samsung Catalyst Fund.
Altana Technologies — $1 billion: Founded in 2018, this international provide chain firm raised a $221.4 million Series C, valuing the corporate at $1 billion, in keeping with Pitchbook. The firm has raised greater than $340 million so far, from buyers together with Salesforce Ventures and GV.
Story Protocol — $2.45 billion: This blockchain firm, based in 2022, raised an $80 million Series B led by a16z, in keeping with Crunchbase, valuing the corporate at $2.25 billion. Pitchbook says different buyers embrace Foresight Ventures and Samsung NEXT Ventures.
EliseAI — $1 billion: This AI property administration platform, based in 2017, final raised a $75 million Series D, valuing the corporate at $1 billion, in keeping with Pitchbook. The firm has raised $171.9 million so far, from buyers together with Sapphire Ventures and Point72 Ventures.
Codeium — $1.3 billion: This AI code completion and chat device, based in 2021, raised a $150 million Series C that valued the corporate at $1.25 billion, in keeping with Pitchbook. The firm has raised greater than $240 million so far, from buyers together with Founders Fund, and Base Case Capital.
HouseLight — $1.7 billion: Founded in 2012, this actual property market raised a $235 million Series D that valued the corporate at $1.7 billion, in keeping with Pitchbook. The firm has raised $524 million so far from buyers together with GV, Menlo Ventures, and TriplePoint Capital.
July
Aven — $1 billion: Aven, based in 2019, is a client bank card firm. It reached a $1 billion valuation after closing a $142 million Series D led by Khosla Ventures and General Catalyst, in keeping with CB Insights.
Flo Health — $1 billion: This fertility-tracking app introduced a $200 million Series C, valuing the corporate at greater than $1 billion, TechCrunch reported. Founded in 2015, the corporate has raised greater than $290 million in whole funding from buyers, together with General Atlantic.
Altana Technologies — $1 billion: This international provide chain administration firm, based in 2018, closed a $200 million Series C, valuing it at $1 billion. Investors included Salesforce Ventures and the US Innovative Technology Fund. PitchBook notes the corporate has raised round $322 million so far.
Chainguard — $1.1 billion: This cybersecurity firm introduced a $140 million Series C, valuing the corporate at $1.12 billion. Founded in 2021, Chainguard has raised greater than $256 million so far from buyers, together with Sequoia Capital, Lightspeed Venture Partners, and Redpoint Ventures.
Harvey — $1.5 billion: Legal AI platform Harvey raised a $100 million spherical from buyers, together with Google Ventures, OpenAI, Kleiner Perkins, Sequoia Capital, that introduced its valuation to $1.5 billion. It has now raised a complete of $206 million.
Saronic Technologies — $1 billion: Saronic, a protection tech maker of autonomous floor vessels, raised a $175 million Series B at a $1 billion valuation, led by Andreessen Horowitz, with different backers together with 8VC, Caffeinated Capital and Elad Gil. It has now raised $244.5 million so far, in keeping with PitchBook.
June
Creatio — $1.2 billion: The workflow automation platform, based in 2014, raised a $200 million funding spherical led by Sapphire Ventures, valuing the corporate at $1.2 billion, TechCrunch beforehand reported. Pitchbook says the corporate has raised greater than $260 million so far.
Huntress — $1.55 billion: The managed cybersecurity startup that gives prolonged detection and response (EDR) tech closed a $150 million Series D, valuing the corporate at $1.55 billion. The firm has raised a bit of greater than $300 million so far. Launched in 2015, it has high buyers on its cap desk, together with Kleiner Perkins and Sapphire Ventures, in keeping with PitchBook.
xAI — $24 billion: Founded solely final 12 months by Elon Musk, this AI startup is already valued at $24 billion after closing a $6 billion Series B backed by buyers like Andreessen Horowitz, Craft Ventures, Fidelity Investments, and Sequoia. xAI provides the multimodal massive language mannequin generally known as Grok.
BillionToOne — $1 billion: This disease-screening genetic testing firm raised a $130 million Series D, in keeping with Crunchbase, valuing the corporate at $1 billion.
May
Altruist — $1.5 billion: This fintech startup, which provides funding administration for unbiased registered funding advisers, was based in 2018. It raised a $169 million Series E in May, led by ICONIQ Growth, valuing the corporate at $1.5 billion. The firm has additionally obtained investments from Insight Partners and Endeavor Catalyst, in keeping with PitchBook, and has raised greater than $450 million so far in funding.
Weka — $1.6 billion: A Cloud Software knowledge storage firm that focuses on AI use circumstances, Weka closed a $140 million Series E, valuing the corporate at $1.6 billion, in keeping with PitchBook. Launched in 2013, the corporate has raised round $375 million so far, with buyers together with Valor Equity Partners, Generation Investment Management, and Nvidia.
Farcaster — $1 billion: The open supply, blockchain-based social media startup closed a $150 million Series A led by Paradigm, resulting in a post-money valuation of $1 billion. Launched in 2021, it’s backed by a16z and Union Square Ventures and has raised greater than $180 million in funding so far, in keeping with PitchBook.
Sigma Computing — $1.5 billion: This AI-driven huge knowledge analytics startup raised a spherical in May that valued it at $1.5 billion. The firm has raised virtually $560 million so far, in keeping with Crunchbase.
Humanity Protocol — $1 billion: This blockchain palm-scanning identification startup, based in 2023, raised a $30 million seed spherical, giving it a post-money valuation of $1 billion. In whole, the corporate has solely raised $30 million from buyers, together with hedge fund Ash Park Capital and Aza Ventures, in keeping with PitchBook.
April
Cyera — $1.5 billion: Data safety supplier Cyera raised a $300 million Series C in April, valuing the corporate at $1.5 billion, in keeping with PitchBook. Founded in 2021, the corporate has raised $460 million in funding so far from buyers, together with Redpoint Ventures and Accel.
Monad Labs — $3 billion: Monad, which is engaged on a sooner model of the Ethereum blockchain, raised a $225 million Series A in April, valuing the corporate at $3 billion. To date, the corporate has raised greater than $244 million from buyers, together with Amber Group and Artichoke Capital.
Nexamp — $1.5 billion: This clean-energy firm raised a $520 million spherical with a combination of debt and enterprise financing that valued the corporate at $1.08 billion, in keeping with PitchBook. The firm, based in 2007, has raised a bit of greater than $1.31 billion in funding so far.
Grow Therapy — $1.4 billion: This therapist-finder well being tech firm launched in 2020 and raised an $88 million Series C spherical in April, in keeping with PitchBook, valuing the corporate at $1.4 billion. To date, the corporate has raised virtually $180 million in funding from buyers, together with Sequoia, Goldman Sachs, and actress Anna Kendrick.
Cognition AI — $2 billion: Cognition, which is engaged on an AI software program engineer named Devin, reportedly raised a $175 million Series B in April, valuing the corporate at $2 billion. To date, the corporate, based in 2023, has raised $196 million, in keeping with PitchBook, from buyers corresponding to Founders Fund, Khosla Ventures and Pear.
Xaira Therapeutics — $2.7 billion: This AI drug discovery startup, based in 2023, launched with an enormous $1 billion Series A in April, giving it a valuation of $2.7 billion. The firm has raised $1 billion in whole funding from buyers ARCH Venture Partners, Foresite Capital, Menlo Ventures, Lux Capital, and New Enterprise Associates.
Flip — $1.19 billion: This social commerce platform, based in 2019, raised a $144 million Series C, valuing the corporate at $1.19 billion, in keeping with PitchBook. To date, the corporate has raised a bit of greater than $300 million in enterprise funding from buyers, together with advert tech large AppLovin, Streamlined VC, Mubadala sovereign wealth fund.
March
io.internet — $1 billion: This cloud service, which places GPUs from knowledge facilities and cryptocurrency miners right into a decentralized community that can be utilized by AI fashions, was based in 2019. (It was once geared towards quant buying and selling). It closed a $33 million Series A in March, in keeping with PitchBook, valuing the corporate at $1 billion. The firm has solely raised $35 million so far, with buyers together with sixth Man Ventures, Foresight Ventures, and ArkStream Capital, in keeping with PitchBook.
Perplexity — $1 billion: The famed AI search engine raised a $73.6 million Series B in January at a $520 million valuation, adopted by a further $62.7 million in April, doubling Perplexity‘s valuation to $1.04 billion. The firm has raised $165 million so far.
Octane — $1.1 billion: An organization that gives on the spot financing on mowers and leisure autos, Octane raised $50 million in April, giving in a post-money valuation of $1.11 billion. The firm, launched in 2014, has raised round $250 million million in funding so far, from buyers together with Progressive and Gaingels, in keeping with PitchBook.
Celestial AI — $1.2 billion: The AI firm raised a $175 million Series C in March, valuing it at $1.2 billion, led by billionaire Thomas Tull’s USIT fund. The firm has raised $339 million so far from buyers, together with Koch Disruptive Technologies, Temasek, AMD, Samsung Catalyst Fund and Porsche Automobil Holding.
IntraBio — $1 billion: Intra bio, a neurodegenerative ailments drug discovery firm, raised a $40 million spherical of funding in March that reportedly valued it at $1 billion, in keeping with Crunchbase. To date, the corporate has raised greater than $50 million in funding.
Liquid Death — $1.4 billion: TechCrunch reported that the beverage startup’s final spherical of $67 million valued the corporate at $1.4 billion. Liquid Death has raised greater than $260 million in funding, in keeping with Crunchbase.
February
Blink Health — $1.3 billion: Founded in 2014, this on-line pharmacy took on $81 million in personal fairness funding, giving it a $1.28 billion post-money valuation. The firm, which has now obtained a combination of personal fairness and enterprise capital funding, has raised greater than $250 million in funding so far, with buyers together with 8VC and BoxGroup, in keeping with PitchBook.
NinjaOne — $1.9 billion: This cell system administration and safety firm raised a $231 million Series C in February, giving it a $1.9 billion post-money valuation, it mentioned. The firm has raised $282.7 million so far from buyers, together with ICONIQ Growth, in keeping with PitchBook.
Ascend Elements — $1.6 billion: This sustainable battery firm raised a $162 million spherical in February, it mentioned. This offers it a post-money valuation of $1.61 billion, in keeping with PitchBook. To date, the corporate has raised greater than $1 billion in funding from buyers, together with Just Climate, Clearvision Ventures, and Irongrey.
Lambda — $1.5 billion: This GPU cloud computing platform for AI use raised a $320 million Series C in February at a post-money valuation of $1.52 billion. It then raised one other $800 million spherical in July, in keeping with PitchBook. In whole, the corporate has raised virtually $900 million, with buyers together with Garry Tan, Bloomberg Beta, and Alumni Ventures.
EigenLayer — $1.1 billion: EigenLayer is behind a brand new undertaking for Ethereum known as staking, which entails utilizing Ether tokens as safety. Launched in 2021, it picked up a $100 million Series B in February, led by a16z, giving it a $1 billion valuation, in keeping with PitchBook. In whole, the corporate has raised a bit of greater than $160 million in enterprise funding, with different backers together with Blockchain Capital and Apollo Crypto.
Figure — $2.6 billion: The humanoid robotic firm raised a $675 million Series B in February, giving it a valuation of $2.6 billion. In whole, Figure has raised virtually $850 million in enterprise funding, with buyers together with Bezos Expeditions, Calm Ventures, Intel, Nvidia, OpenAI and Microsoft, in keeping with PitchBook.
Together AI — $1.25 billion: This cloud service for operating open supply AI fashions raised a $106 million spherical led by Salesforce Ventures, giving the corporate a post-money valuation of $1.25 billion. Together AI has raised a bit of greater than $232 million in enterprise funding from buyers, together with Hugging Face, NEA Partners, and 137 Ventures, in keeping with PitchBook.
Bugcrowd — $1 billion: This crowdsourced bug-fixing cybersecurity platform raised a $102 million Series E in February, led by General Catalyst, which valued the corporate at $1 billion, in keeping with Crunchbase. The firm has raised greater than $180 million so far.
January
ElevenLabs — $1 billion: The AI text-to-speech generator startup, specializing in language dubbing, picked up an $80 million Series B in January, giving it a post-money valuation of $1 billion. ElevenLabs has raised $101 million so far, with buyers like a16z, Sequoia, and SV Angel, in keeping with Crunchbase.
Quantinuum — $5.3 billion: Founded in 2021, the quantum computing cloud service raised a $300 million spherical in January led by Honeywell, valuing the corporate at $5.3 billion, in keeping with Crunchbase. PitchBook exhibits that IMB Ventures and JPMorgan Chase are additionally backers of the corporate.
Zūm — $1.3 billion: This faculty transportation fleet administration startup closed a $140 million Series E spherical in January led by Singapore agency GIC, valuing Zūm at $1.3 billion, the corporate mentioned. It has raised $350 million in whole, in keeping with Crunchbase.
This piece was up to date to appropriate the numbers about Huntress’ valuation, and Forsite and Lambda‘s title, and make clear what 24M Technologies produces.
