Despite the challenges in the venture capital market, new unicorn startups continue to emerge each month. Using data from Crunchbase, CB Insights, and PitchBook, TechCrunch compiled a list of newly recognized unicorns for the current year. Notably, the list includes xAI, a venture by Elon Musk, which has reached a valuation of $24 billion, along with numerous other AI startups. Cybersecurity, health tech, and fintech sectors have also shown strong performance. This list will be regularly updated, providing insights into the successful companies of the year.
December:
Fervo Energy has reached a valuation of $1.4 billion. The geothermal clean energy company, established in 2017, raised $499 million in a Series D round, with investments from Bill Gates, Jeff Bezos, and Richard Branson.
Speak, an AI company focused on real-time communications, achieved a valuation of $1 billion. Founded in 2017, it recently raised $78 million in a Series C led by Accel.
Anysphere, an AI coding company founded in 2022, has been valued at $2.6 billion following a $100 million Series B fundraising round. Investors include Thrive Capital and Andreessen Horowitz.
- Ayar Labs, an AI data company founded in 2015, secured a $155 million Series D round, reaching a $1 billion valuation, with support from Light Street Capital and Advent International.
November:
Physical Intelligence, an AI robotics lab established in early 2024, attained a valuation of $2.4 billion by raising $400 million in a Series A round. Investors include Jeff Bezos, Lux Capital, and Thrive Capital.
Writer, a full-stack generative AI platform for enterprises founded in 2020, has reached a $1.9 billion valuation following a $200 million Series C led by Premji Invest, Radical Ventures, and ICONIQ Growth.
Halcyon, an anti-ransomware startup founded in 2021, achieved a $1 billion valuation with a $100 million Series C. Evolution Equity Partners are among its investors.
Eon, a backup software company established in January 2024, secured a $70 million Series C, bringing its total fundraising in 2024 to $200 million and its valuation to $1.4 billion. Investors include Sequoia, Lightspeed, Greenoaks, and BOND.
Flex, a rent payment platform founded in 2019, has been valued at $1.75 billion after raising a $200 million Series D. The company has raised over $400 million, with investors including Tiger Global Management and Spark Growth Ventures.
- Clay, an AI sales platform founded in 2017, received a $40 million Series B, valuing it at $1.25 billion. Investors include Sequoia, First Round, Boldstar, and Box Group.
October:
EvenUp, a legal tech company founded in 2019, raised a $135 million Series D, reaching a valuation of $5 billion. Bain Capital Ventures is an investor.
- Nimble Robotics, an AI robotics and autonomous logistics startup set up in 2017, raised $106 million in a Series C, achieving a $1 billion valuation. Investors include FedEx and Cedar Pine.
September:
Rentberry, a real estate company founded in 2015, raised a $90 million Series A, valuing it at $1 billion. The company has raised over $100 million from investors like 808 Ventures, Zing Capital, and 369 Growth Partners.
Safe Superintelligence, an AI research entity established in 2024, raised $1 billion, reaching a valuation of $5 billion. Investors include Nividia, Sequoia, and a16z.
24M Technologies, founded in 2010 to develop battery technologies, raised an $87 million Series H, achieving a $1.3 billion valuation. Investors include Volkswagen Group and FujiFilm.
- Twelve, founded in 2015 to produce clean jet fuel, raised a $200 million Series C, reaching a $1 billion valuation. Investors include TPG, Capricorn Investment Group, and Pulse Fund.
August:
Groq, an AI chip startup founded in 2016, raised $640 million in a round led by Blackrock, achieving a valuation of $2.8 billion. Total fundraising exceeds $1 billion, with investors including Type One Ventures and Samsung Catalyst Fund.
Altana Technologies, a global supply chain company established in 2018, raised $221.4 million in a Series C, reaching a $1 billion valuation. Salesforce Ventures and GV are among its investors.
Story Protocol, a blockchain firm founded in 2022, raised $80 million in a Series B led by a16z, achieving a valuation of $2.25 billion. Other investors include Foresight Ventures and Samsung NEXT Ventures.
EliseAI, an AI property management platform founded in 2017, raised $75 million in a Series D, reaching a $1 billion valuation. Investors include Sapphire Ventures and Point72 Ventures.
Codeium, an AI code completion and chat tool founded in 2021, raised $150 million in a Series C, reaching a $1.25 billion valuation. Investors include Founders Fund and Base Case Capital.
- HomeLight, a real estate marketplace founded in 2012, raised $235 million in a Series D, achieving a $1.7 billion valuation. The company has raised $524 million from investors like GV, Menlo Ventures, and TriplePoint Capital.
July:
Aven, a consumer credit card company established in 2019, reached a $1 billion valuation after a $142 million Series D led by Khosla Ventures and General Catalyst.
Flo Health, a fertility-tracking app founded in 2015, announced a $200 million Series C, achieving a valuation of over $1 billion. Investors include General Atlantic.
Altana Technologies closed a $200 million Series C, valuing it at $1 billion, with investors such as Salesforce Ventures and the US Innovative Technology Fund.
Chainguard, a cybersecurity company established in 2021, announced a $140 million Series C, reaching a $1.12 billion valuation. Investors include Sequoia Capital, Lightspeed Venture Partners, and Redpoint Ventures.
Harvey, a legal AI platform, raised $100 million from investors like Google Ventures, OpenAI, Kleiner Perkins, and Sequoia Capital, achieving a $1.5 billion valuation.
- Saronic Technologies, a defense tech company, raised $175 million in a Series B, achieving a $1 billion valuation. The company has raised $244.5 million to date, with investors including Andreessen Horowitz and others.
June:
Creatio, a workflow automation platform established in 2014, raised $200 million led by Sapphire Ventures, valuing it at $1.2 billion. The company has raised over $260 million.
Huntress, a managed cybersecurity startup founded in 2015, closed a $150 million Series D, reaching a valuation of $1.55 billion, with investors including Kleiner Perkins and Sapphire Ventures.
xAI, founded by Elon Musk last year, is now valued at $24 billion after a $6 billion Series B with investors like Andreessen Horowitz and others.
- BillionToOne, a genetic testing company, raised $130 million in a Series D, reaching a $1 billion valuation.
May:
Altruist, a fintech startup founded in 2018, raised $169 million in a Series E, achieving a $1.5 billion valuation. Investors include Insight Partners and Endeavor Catalyst.
Weka, a SaaS data storage company launched in 2013, closed a $140 million Series E, reaching a $1.6 billion valuation. Investors include Valor Equity Partners and others.
Farcaster, a blockchain-based social media startup launched in 2021, closed a $150 million Series A, reaching a $1 billion valuation. Investors include a16z and Union Square Ventures.
Sigma Computing, an AI-driven analytics startup, raised a round valuing it at $1.5 billion. The company has raised almost $560 million.
- Humanity Protocol, a blockchain identity startup founded in 2023, raised a $30 million seed round, achieving a $1 billion valuation.
April:
Cyera, a data security provider, raised a $300 million Series C, reaching a $1.5 billion valuation. Founded in 2021, the company has raised $460 million.
Monad Labs, working on a faster version of Ethereum, raised $225 million in a Series A, achieving a $3 billion valuation.
Nexamp, a clean-energy company founded in 2007, raised a $520 million round, bringing its valuation to $1.08 billion.
Grow Therapy, a health tech company launched in 2020, raised an $88 million Series C, reaching a $1.4 billion valuation.
Cognition AI reportedly raised a $175 million Series B, reaching a $2 billion valuation. Founded in 2023, the company has raised $196 million.
Xaira Therapeutics, an AI drug discovery startup founded in 2023, raised $1 billion in a Series A, giving it a $2.7 billion valuation.
- Flip, a social commerce platform founded in 2019, raised a $144 million Series C, reaching a $1.19 billion valuation.
March:
io.net, a cloud service, closed a $33 million Series A, reaching a $1 billion valuation. The company has raised $35 million.
Perplexity, an AI search engine, raised $73.6 million in a Series B, doubling its valuation to $1.04 billion.
Octane, a financing company, raised $50 million, reaching a $1.11 billion valuation. The company has raised around $250 million.
Celestial AI obtained $175 million in a Series C, reaching a $1.2 billion valuation. The company has raised $339 million.
IntraBio, a neurodegenerative diseases drug discovery company, raised $40 million, achieving a valuation of $1 billion.
- Liquid Death, a beverage startup, raised $67 million, valuing it at $1.4 billion. The company has raised more than $260 million.
February:
Blink Health, an online pharmacy founded in 2014, raised $81 million, leading to a $1.28 billion valuation. The company has raised more than $250 million.
NinjaOne, a device management and security company, raised $231 million, achieving a $1.9 billion valuation.
Ascend Elements, a sustainable battery company, took on $162 million, reaching a valuation of $1.61 billion.
Lambda, a GPU cloud computing platform, raised $320 million in a Series C, achieving a $1.52 billion valuation.
EigenLayer, part of Ethereum’s staking project, raised $100 million, reaching a $1 billion valuation.
Figure, a humanoid robot company, raised $675 million, achieving a valuation of $2.6 billion.
Together AI, a cloud service for AI models, raised $106 million, reaching a $1.25 billion valuation.
- Bugcrowd, a cybersecurity platform, raised $102 million, achieving a $1 billion valuation.
January:
ElevenLabs raised $80 million, achieving a $1 billion valuation.
Quantinuum, a quantum computing cloud service, raised $300 million, reaching a $5.3 billion valuation.
- Zūm, a school transportation management startup, raised $140 million, achieving a $1.3 billion valuation.
