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    20 new tech unicorns have been minted in 2025 up to now


    Despite a nonetheless tight enterprise capital market, new unicorns are nonetheless being created each month.

    Using knowledge from Crunchbase and PitchBook, TechCrunch tracked down the newly VC-backed startup minted unicorns up to now this yr (as of the tip of March). These embody healthcare firms like Hippocratic AI and satellite tv for pc house firms like Loft Orbital. 

    This listing will likely be up to date all year long, so verify again and see the powerhouses elevating this yr! 

    March 

    Fleetio — $1.5 billion: This Alabama-based startup creates software program to assist make fleet operations simpler. It final raised a $454 million Series D at a $1.5 billion valuation, in line with PitchBook. It was launched in 2012 and has raised $624 million in funding to this point, with buyers together with Elephant Partners and Goldman Sachs Asset Management. 

    The Bot Company — $2 billion: This robotics platform final raised a $150 million early-stage spherical, valuing it at $2 billion, in line with PitchBook. The firm, which was based in 2024, has raised $300 million to this point in funding. 

    Celestial AI — $2.5 billion: The AI firm raised a $250 million Series C led by Fidelity that valued the corporate at $2.5 billion, per Crunchbase. The firm, based mostly in California, was launched in 2020 and counts BlackRock and Engine Ventures as buyers. It has raised greater than $580 million in capital to this point, per PitchBook. 

    Underdog Fantasy — $1.3 billion: The sports activities gaming firm final raised a $70 million Series C valuing the corporate at $1.3 billion, in line with Crunchbase. The firm, based in 2020, has raised greater than $100 million in capital to this point, per PitchBook. Investors embody Spark Capital. 

    Build Ops — $1 billion: This software program firm final raised a $122.6 million Series C, valuing it at $1 billion. Build Ops, which was launched in 2018, has raised $273 million in complete, in line with PitchBook, with buyers together with Founders Fund and Fika Ventures. 

    Insilico Medicine — $1 billion: The drug analysis firm raised a $110 million Series E valuing the corporate at $1 billion, per Crunchbase. It launched in 2014, has raised greater than $500 million to this point in capital, and counts Lilly Ventures and Value Partners Group as buyers. 

    Olipop — $2 billion: This standard probiotic soda firm final raised a $137.9 million Series C at a $1.96 billion valuation. It was based in 2018 and has raised $243 million to this point with buyers together with Scoop Ventures and J.P. Morgan Growth Equity Partners. 

    Peregrine — $2.5 billion: This operations administration platform, launched in 2017, final raised a $190 million Series C with a valuation of $2.5 billion. It has raised greater than $250 million in funding to this point, in line with PitchBook, with buyers together with Sequoia and Fifth Down Capital. 

    Assured — $1 billion: The AI firm helps course of claims and final raised a $23 million Series B, valuing the corporate at $1 billion. It was launched in 2019 and has raised just a little greater than $26 million to this point, with buyers together with ICONIQ Capital and Kleiner Perkins. 

    February 

    Veza — 1.7 billion: This knowledge safety firm, based in 2020, final raised a $108 million Series D, valuing the corporate at $1.7 billion, per PitchBook. Veza has raised greater than $230 million to this point in capital and counts JP Morgan Chase as an investor. 

    Abridge — $2.8 billion: This medtech, based in 2018, final raised a $250 million Series D at a $2.75 billion valuation, per PitchBook. The firm has raised greater than $460 million to this point in funding and counts Elad Gil and IVP as buyers. 

    OpenEvidence — $1 billion: This medtech firm, based in 2017, final raised a $75 million Series A at a $1 billion valuation, per PitchBook. The firm has raised $135 million to this point in funding and counts Sequoia Capital as an investor. 

    Hightouch — $1.2 billion: The knowledge platform, based in 2018, final raised an $80 million Series C at a $1.2 billion valuation, per PitchBook. The firm has raised $171 million to this point in funding and counts Sapphire Ventures and Bain Capital Ventures as buyers.

    January

    Kikoff — $1 billion: This private finance platform final raised an undisclosed quantity that valued it at $1 billion, in line with PitchBook. The firm, based in 2019, has raised $42.5 million to this point and counts Female Founders Fund, Lightspeed Venture Partners, and basketballer Steph Curry as buyers. 

    Netradyne — $1.35 billion: Founded in 2015, this pc imaginative and prescient startup raised a $90 million Series D valuing it at $1.35 billion, in line with Crunchbase. The spherical was led by Point72 Ventures.

    Hippocratic AI — $1.6 billion: This startup, based in 2023, creates healthcare fashions. It raised a $141 million Series B, valuing it at $1.64 billion, in line with Crunchbase. The spherical was led by Kleiner Perkins. 

    Truveta — $1 billion: This genetic analysis firm raised a $320 million spherical valuing it at $1 billion, in line with Crunchbase. Founded in 2020, its buyers embody the CVCs from Microsoft and Regeneron Pharmaceuticals. 

    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 line with PitchBook. It has raised greater than $100 million to this point and counts Sequoia, First Round, Boldstar, and Box Group as buyers.  

    Mercor — $2 billion: This contract recruiting startup raised a $100 million Series B valuing it at $2 billion. The firm, based in 2022, counts Felicis, Menlo Ventures, Jack Dorsey, Peter Thiel, and Anthology Fund as buyers. 

    Loft Orbital — $1 billion: Founded in 2017, the satellite tv for pc firm raised a $170 million Series C valuing the corporate at $1 billion, in line with Crunchbase. Investors within the spherical included Temasek and Tikehau Capital. 



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