With AI igniting an investor frenzy, new startups are achieving unicorn status every month. Using data from Crunchbase and PitchBook, TechCrunch tracked the VC-backed startups that became unicorns so far this year. While most are AI-related, a surprising number are focused on other industries like satellite space companies and blockchain-based trading platforms. This list is updated throughout the year.
**NOVEMBER**
Genspark reached a $1.25 billion valuation. This company builds AI agents to help automate tasks. It raised a $275 million Series B. Backers include Emergence Capital Partners and LV Technology Ventures. The company was founded in 2023.
Gamma reached a $2.1 billion valuation. This company creates AI-generated visuals, such as websites. It announced a $68 million Series B led by Andreessen Horowitz. The company launched its first product in 2022.
**OCTOBER**
Modal reached a $1.1 billion valuation. This AI cloud computing platform, founded in 2021, last raised an $87 million Series B. It counts Lux Capital and Redpoint Ventures as investors.
Fireworks AI reached a $4 billion valuation. This AI infrastructure platform for open source models, founded in 2022, last raised a $250 million Series C. It counts Benchmark Capital and Index Ventures as investors.
Substrate reached a $1 billion valuation. This semiconductor fabrication company, founded in 2022, last raised a $100 million seed round. It counts Valor Equity Partners and Founders Fund as investors.
Shop My reached a $1.5 billion valuation. This marketing and affiliate platform, founded in 2020, last raised a $70 million Series B. It counts Bain Capital Ventures and Bessemer Venture Partners as investors.
LangChain reached a $1.3 billion valuation. This agent engineering platform, founded in 2022, last raised a $125 million Series B. It counts Sequoia and Benchmark Capital as investors.
New Limit reached a $1.6 billion valuation. This precision medicine company, founded in 2021, last raised a $45 million round. It counts Kleiner Perkins as an investor.
Tempo reached a $5 billion valuation. This blockchain payments company last raised a $500 million Series A. It counts Thrive Capital as an investor and was founded in 2025.
Lila reached a $1.3 billion valuation. This life scientific discovery company, founded in 2023, last raised a $235 million Series A. It counts Braidwell and Collective Global as investors.
Reflection reached an $8 billion valuation. A developer of open foundation models, founded in 2024, last raised a $2 billion Series B. It counts Light Speed Venture Partners, Nvidia, and Sequoia as partners.
Stoke reached a $2 billion valuation. This sustainable rocket company, founded in 2019, last raised a $610 million Series D. It counts MaC Venture Capital and the US Innovation Technology Fund as investors.
Apex reached a $1 billion valuation. This company uses off-the-shelf components for building satellites. It was founded in 2022 and last raised a $200 million Series D. It counts Andreessen Horowitz and 8VC as investors.
**SEPTEMBER**
You.com reached a $1.5 billion valuation. This enterprise AI platform sells tools to help businesses use AI more effectively. It last raised a $100 million Series C. It was founded in 2020 and counts Time Ventures and Cox Enterprises as investors.
Enveda reached a $1.2 billion valuation. This drug discovery analytics platform last raised a $150 million Series D. It counts Lux Capital and True Ventures as investors and was founded in 2019.
Filevine reached a $3 billion valuation. This legal case management startup last raised a $260 million Series E, counting Accel and Insight Partners as investors. It was founded in 2014.
Baseten reached a $2.2 billion valuation. This AI company focuses on model inference to help businesses build and deploy their AI models. Founded in 2019, it last raised a $150 million Series D. It counts Greylock and Spark Capital as investors.
PsiQuantum reached a $7 billion valuation. This quantum computing company counts BlackRock, Founders Fund, and Redpoint Ventures as investors. It was founded in 2015 and last raised a $1 billion Series E.
Invisible reached a $2 billion valuation. This AI technology integrates into manufacturing software to help analyze movement on factory floors. It was founded in 2015 and last raised a $100 million round. It counts Vanara Capital as investors.
Flying Tulip reached a $1 billion valuation. This decentralized trading platform, founded in 2025, last raised a $200 million seed round. It counts CoinFund Management and Susquehanna Capital as investors.
Distyl reached a $1.8 billion valuation. This platform generates and deploys AI native workflows into business operations. It was founded in 2022 and last raised a $175 million Series B. It counts Khosla Ventures and Lightspeed Venture Partners as investors.
Modular reached a $1.6 billion valuation. This AI infrastructure platform lets enterprises update AI systems without impacting the whole system. It counts General Catalyst and GV as investors and last raised a $250 million round. It was founded in 2022.
Thyme Care reached a $1.5 billion valuation. This oncology platform helps provide personalized cancer care. It was founded in 2020 and last raised a $97 million Series D. It counts Andreessen Horowitz and Concord Health Partners as investors.
Strive Health reached a $1.8 billion valuation. This kidney care company works with clinicians to help care for those with kidney disease. It last raised a $300 million Series D counting NEA as investors. It was founded in 2018.
Base reached a $4 billion valuation. This company equips homes with backup batteries. It was founded in 2023 and last raised a $1 billion Series C. It counts Andreessen Horowitz and Valor Equity Partners as investors.
Eve reached a $1.1 billion valuation. This legal AI platform helps with tasks such as intake and drafting pre-litigation letters. It counts Andreessen Horowitz and Lightspeed Venture Partners as investors and last raised a $103 million Series B. It was founded in 2020.
Posthog reached a $1.4 billion valuation. This platform that makes devops tools, founded in 2020, last raised a $75 million Series E. The company counts GV and Y Combinator as investors.
**AUGUST**
Shrapnel reached a $1.1 billion valuation. This video game developer, founded in 2014, last raised a $19.5 million Series A. Investors include Gala Games and Griffin Gaming Partners.
Fal reached a $4 billion valuation. This platform helps developers create images, video, and audio. It was founded in 2021 and last raised a $250 million late-stage round. Investors include Andreessen Horowitz, Kindred Ventures, and Sequoia Capital.
CompanyCam reached a $2 billion valuation. This project management platform uses AI to help make job site management more efficient. It was founded in 2015 and last raised a $415 million Series C. Investors include B Capital Group and Insight Partners.
Field AI reached a $2 billion valuation. This AI company helps companies autonomously operate robots. Founded in 2023, it last raised a $315 million round. Investors include Khosla Ventures and Bezos Expeditions.
Periodic Labs reached a $1 billion valuation. This material science company announced a $300 million seed with Andreessen Horowitz as an investor. It was founded this year.
Polymarket reached a $9 billion valuation. Founded in 2017, this trading and betting company has raised more than $2 billion in funding. Investors include General Catalyst and Founders Fund.
**JULY**
Castellion reached a $2.8 billion valuation. This company creates military systems to scale and manufacture strike systems. Investors in the company, founded in 2022, include Andreessen Horowitz and Lightspeed Venture Partners. The company last raised a $350 million Series B.
Also reached a $1 billion valuation. This electric mobility company, founded in 2025, has raised more than $300 million to date. Investors include Greenoaks Capital and Eclipse Ventures. It was originally incubated at Rivian. The company last raised a $200 million round.
MaintainX reached a $2.5 billion valuation. This management software company helps businesses assess team performance and manage work orders. It was founded in 2018 and last raised a $150 million Series D. Investors include Bain Capital Ventures and Bessemer Venture Partners.
Tala Health reached a $1.2 billion valuation. This personalized healthcare company uses AI to help provide virtual care. It was founded in 2025 and last raised a $100 million seed round.
Substack reached a $1.1 billion valuation. This newsletter platform, founded in 2017, last raised a $100 million Series C. Investors include Andreessen Horowitz.
Erebor reached a $2 billion valuation. This company, currently in stealth, was founded in 2025 and last raised a $250 million seed. The bank works with crypto clients and startups. Investors include Founders Fund.
Reka reached a $1 billion valuation. This AI model builder company, founded in 2022, last raised a $110 million early-stage round. Investors include Snowflake and Nvidia.
OnXmaps reached a $1.4 billion valuation. This mobile mapping company, founded in 2009, last raised a $280 million Series C. The company marks property boundaries to help users stay on permitted paths.
Ambience reached a $1.25 billion valuation. This AI medical scribe, founded in 2020, last raised a $243 million Series C. Investors include the OpenAI Startup Fund, Andreessen Horowitz, and Kleiner Perkins.
Anaconda reached a $1.5 billion valuation. This AI platform offers open source workflow solutions. It was founded in 2012 and last raised a $150 million Series C. Investors include General Atlantic and GIC Private.
**JUNE**
Linear reached a $1.25 billion valuation. This software development product management tool last raised an $82 million Series C. The company, founded in 2019, has investors including Accel and Sequoia Capital.
Gecko reached a $1.62 billion valuation. This company makes data-gathering robotics that climb, crawl, swim, and fly. Founded in 2013, the company last raised a $121 million Series D. Investors include Cox Enterprises and Drive Capital.
Meter reached a $1.25 billion valuation. This company offers managed internet infrastructure service to enterprises. It last raised a $170 million Series C. The company, founded in 2015, has investors including General Catalyst, Sequoia Capital, and Sam Altman.
Teamworks reached a $1.25 billion valuation. This sports software company last raised a $247 million Series F. The company, founded in 2006, has investors including Seaport Capital and General Catalyst.
Thinking Machines reached a $10 billion valuation. This AI research company, founded last year by OpenAI alum Mira Murati, raised a $2 billion seed round. The company’s investors include Andreessen Horowitz and Nvidia.
Kalshi reached a $2 billion valuation. The popular prediction markets company, founded in 2018, last raised a $185 million Series C. The company has investors including Sequoia and Global Founders Capital.
Decagon reached a $1.5 billion valuation. This customer service AI agent company, founded in 2023, last raised a $131 million Series C. The company has investors including Andreessen Horowitz and Accel.
**MAY**
Pathos reached a $1.6 billion valuation. This drug development company, founded in 2020, last raised a $365 million Series D. The company has investors including General Catalyst and Altimeter Capital Management.
Statsig reached a $1.1 billion valuation. This product development platform, founded in 2021, last raised a $100 million Series C. The company has investors including Sequoia, Madrona, and ICONIQ Growth.
Function reached a $2.5 billion valuation. This health tech company, founded in 2020, last raised a $200 million round. The company has investors including Andreessen Horowitz.
SpreeAI reached a $1.5 billion valuation. This company last raised an undisclosed round. The company, founded in 2020, has investors including the Davidson Group.
Owner reached a $1 billion valuation. This restaurant marketing software company, founded in 2018, last raised a $120 million Series C. The company has investors including Headline, Redpoint Ventures, and Meritech Capital.
Awardco reached a $1 billion valuation. This employee engagement platform last raised a $165 million Series B. The company, founded in 2012, has investors including General Catalyst.
**APRIL**
Nourish reached a $1 billion valuation. This dietitian telehealth company last raised a $70 million Series B. The company, founded in 2020, has investors including Index Ventures and Thrive Capital.
Chapter reached a $1.38 billion valuation. This Medicare guide health tech company, founded in 2013, last raised a $75 million Series D. Investors include XYZ Venture Capital and Narya.
Threatlocker reached a $1.2 billion valuation. This Orlando-based data protection company last raised a $60 million Series E. The company, founded in 2017, has investors including General Atlantic and StepStone Group.
Cyberhaven reached a $1 billion valuation. This data detection company last raised a $100 million Series D in April. The company, launched in 2015, has investors including Khosla Ventures and Redpoint Ventures.
**MARCH**
Fleetio reached a $1.5 billion valuation. This Alabama-based startup creates software to help make fleet operations easier. It last raised a $454 million Series D. It was launched in 2012.
The Bot Company reached a $2 billion valuation. This robotics platform last raised a $150 million early-stage round. The company was founded in 2024.
Celestial AI reached a $2.5 billion valuation. The AI company raised a $250 million Series C led by Fidelity. The company was launched in 2020 and counts BlackRock and Engine Ventures as investors.
Underdog Fantasy reached a $1.3 billion valuation. The sports gaming company last raised a $70 million Series C. The company, founded in 2020, has investors including Spark Capital.
Build Ops reached a $1 billion valuation. This software company last raised a $122.6 million Series C. Build Ops was launched in 2018 and has investors including Founders Fund and Fika Ventures.
Insilico Medicine reached a $1 billion valuation. The drug research company raised a $110 million Series E. It launched in 2014 and counts Lilly Ventures and Value Partners Group as investors.
Olipop reached a $2 billion valuation. This popular probiotic soda company last raised a $137.9 million Series C. It was founded in 2018 and has investors including Scoop Ventures and J.P. Morgan Growth Equity Partners.
Peregrine reached a $2.5 billion valuation. This data analysis and integration platform, launched in 2017, last raised a $190 million Series C. It has investors including Sequoia and Fifth Down Capital.
Assured reached a $1 billion valuation. The AI company helps process claims and last raised a $23 million Series B. It was launched in 2019 and has investors including ICONIQ Capital and Kleiner Perkins.
**FEBRUARY**
Abridge reached a $2.8 billion valuation. This medtech company, founded in 2018, last raised a $250 million Series D. The company counts Elad Gil and IVP as investors.
OpenEvidence reached a $1 billion valuation. This medtech company, founded in 2017, last raised a $75 million Series A. The company counts Sequoia Capital as an investor.
Hightouch reached a $1.2 billion valuation. The data platform, founded in 2018, last raised an $80 million Series C. The company counts Sapphire Ventures and Bain Capital Ventures as investors.
**JANUARY**
Kikoff reached a $1 billion valuation. This personal finance platform last raised an undisclosed amount. The company, founded in 2019, counts Female Founders Fund, Lightspeed Venture Partners, and Steph Curry as investors.
Netradyne reached a $1.35 billion valuation. Founded in 2015, this computer vision startup raised a $90 million Series D. The round was led by Point72 Ventures.
Hippocratic AI reached a $1.6 billion valuation. This startup, founded in 2023, creates healthcare models. It raised a $141 million Series B. The round was led by Kleiner Perkins.
Truveta reached a $1 billion valuation. This genetic research company raised a $320 million round. Founded in 2020, its investors include the corporate venture arms of Microsoft and Regeneron Pharmaceuticals.
Clay reached a $1.25 billion valuation. Founded in 2017, Clay is an AI sales platform. The company raised a $40 million Series B. It counts Sequoia, First Round, Boldstar, and Box Group as investors.
Mercor reached a $2 billion valuation. This contract recruiting startup raised a $100 million Series B. The company, founded in 2022, counts Felicis, Menlo Ventures, Jack Dorsey, Peter Thiel, and Anthology Fund as investors.
Loft Orbital reached a $1 billion valuation. Founded in 2017, the satellite company raised a $170 million Series C. Investors in the round included Temasek, Uncork Capital, and Tikehau Capital.