Despite a persistently constrained venture capital market, new unicorns continue to emerge monthly. Using information from Crunchbase and PitchBook, TechCrunch compiled a list of the startups that achieved unicorn status by the end of January this year. These newly valued companies include healthcare-focused Hippocratic AI and satellite-oriented Loft Orbital.
TechCrunch will continually update this list over the year to track the noteworthy companies receiving significant investment in 2024.
January
Kikoff: Valued at $1 billion, this personal finance platform recently reached a valuation of $1 billion after raising an undisclosed amount, as reported by Pitchbook. Founded in 2019, Kikoff has amassed $42.5 million in funding to date and has investors including Female Founders Fund, Lightspeed Venture Partners, and basketball player Steph Curry.
NetraDyne: This computer vision startup, founded in 2015, secured $90 million in a Series D funding round, raising its valuation to $1.35 billion, according to Crunchbase. The investment round was led by Point72 Ventures.
Hippocratic AI: Founded in 2023, this company specializes in developing healthcare models. According to Crunchbase, it achieved a valuation of $1.64 billion after raising $141 million in a Series B funding round led by Kleiner Perkins.
Truveta: A genetic research company founded in 2020, Truveta raised $320 million, valuing the company at $1 billion. Its investors include the corporate venture capital arms of Microsoft and Regeneron Pharmaceuticals, according to Crunchbase.
Mercor: This contract recruiting startup attained a valuation of $2 billion after a $100 million Series B funding round. Founded in 2022, the company’s investors include Felicis, Menlo Ventures, Jack Dorsey, Peter Thiel, and Anthology Fund.
- Loft Orbital: The satellite company, established in 2017, raised $170 million in a Series C round, leading to a $1 billion valuation, as reported by Crunchbase. The investment round’s contributors included Temasek and Tikehau Capital.
